Middleby (MIDD) Gross Margin (2009 - 2026)

Middleby (MIDD) reported Gross Margin of 38.81% for Q1 2026, down 117.0% year-over-year from 228.27% in Q1 2025, and up 2.05% quarter-over-quarter from 38.03% in Q3 2025.

Middleby (MIDD) Gross Margin (2009 - 2026) Analysis & Trends

Middleby (MIDD) has 18 years of Gross Margin data on file, last reported at 38.81% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 38.81%, down 117.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 39.11% (down 63.0% YoY), and the FY2026 annual result was 39.11%, down 63.0% from the prior year.
  • Gross Margin grew to 38.81% in Q1 2026 per MIDD's latest filing, from 38.03% in the prior quarter.
  • Over five years, Gross Margin peaked at 63.9% in Q4 2023 and troughed at 33.23% in Q2 2022.
  • A 5-year average of 39.78% and a median of 38.54% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin soared 2609 bps in 2023, then slumped 2392 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 37.81% in 2022, then jumped by 69 bps to 63.9% in 2023, then sank by 37 bps to 39.98% in 2024, then fell by 5 bps to 38.03% in 2025, then grew by 2 bps to 38.81% in 2026.
  • Business Quant data shows MIDD's Gross Margin at 38.81% in Q1 2026, 38.03% in Q3 2025, and 39.67% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 19.07%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 36.77%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 26.71%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 43.82%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 37.21%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 50.25%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 38.86%
10 Middleby 7.73 Bn 7.51 Bn 336.22 Mn 38.81%

Historic Data

Download Data
DateValue
Jan 3, 2026 38.81%
Sep 27, 2025 38.03%
Jun 28, 2025 39.67%
Mar 29, 2025 40.05%
Dec 28, 2024 39.98%
Sep 28, 2024 39.32%
Jun 29, 2024 40.39%
Mar 30, 2024 39.20%
Dec 30, 2023 63.90%
Sep 30, 2023 38.27%
Jul 1, 2023 37.81%
Apr 1, 2023 37.60%
Dec 31, 2022 37.81%
Oct 1, 2022 36.79%
Jul 2, 2022 35.59%
Apr 2, 2022 33.23%
Oct 2, 2021 36.65%
Jul 3, 2021 37.55%
Apr 3, 2021 36.39%
Jan 2, 2021 35.10%