Middleby (MIDD) Gross Margin (2009 - 2026)

Middleby's (MIDD) quarterly Gross Margin came in at 38.81% in Q1 2026, down 117.0% year-on-year from 228.27% in Q1 2025, and up 2.05% on a QoQ basis 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.

  • On a quarterly basis, Gross Margin fell 117.0% year-over-year to 38.81% in Q1 2026; TTM through Jan 2026 was 39.11%, a 63.0% decrease from a year earlier, with the FY2026 full-year figure at 39.11%, down 63.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 38.81%, up from 38.03% in the prior quarter.
  • Over the last five years, Gross Margin for MIDD reached as high as 63.9% in Q4 2023 and fell as low as 33.23% in Q2 2022.
  • Historically, Gross Margin has averaged 39.78% across 5 years, with a median of 38.54% in 2023.
  • Across the five-year window, Gross Margin jumped 2609 bps in 2023 and plunged 2392 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 37.81% in 2022, then jumped by 69 bps to 63.9% in 2023, then slumped by 37 bps to 39.98% in 2024, then slipped by 5 bps to 38.03% in 2025, then gained by 2 bps to 38.81% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 270.93 Bn 257.81 Bn 2.36 Bn 21.25%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 36.77%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 26.71%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 43.82%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 37.21%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 50.25%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 42.90%
10 Middleby 6.92 Bn 6.70 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%