Middleby (MIDD) Interest Coverage Ratio (2009 - 2026)
Middleby (MIDD) posted quarterly Interest Coverage Ratio of 25.58 for Q1 2026, up 1156.55% year-over-year from 2.04 in Q1 2025, and up 861.03% quarter-over-quarter from 3.36 in Q3 2025.
Middleby (MIDD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Middleby (MIDD) has reported Interest Coverage Ratio for 18 consecutive years, with 25.58 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 1156.55% year-over-year to 25.58; the TTM figure through Jan 2026 stood at 1.08 (down 87.0% YoY), while the FY2026 annual figure was 1.08, down 87.0% from the prior year.
- Interest Coverage Ratio grew to 25.58 in Q1 2026 per MIDD's latest filing, from 3.36 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 25.58 in Q1 2026 and bottomed at 8.29 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 4.09 across 5 years, with a median of 4.55 in 2023.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio slumped 376.08% — and 2026, when it jumped 1156.55%.
- Middleby's Interest Coverage Ratio stood at 5.88 in 2022, then slipped by 22.67% to 4.55 in 2023, then plunged by 55.25% to 2.04 in 2024, then sank by 265.11% to 3.36 in 2025, then soared by 861.03% to 25.58 in 2026.
- Business Quant data shows MIDD's Interest Coverage Ratio at 25.58 in Q1 2026, 3.36 in Q3 2025, and 0.91 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 6.93 |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 11.44 |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 15.99 |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 14.52 |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.55 |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 14.58 |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 6.01 |
| 10 | Middleby | 5.10 Bn | 4.94 Bn | 335.08 Mn | 5.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 1.04 |
| Jan 3, 2026 | 25.58 |
| Sep 27, 2025 | -3.36 |
| Jun 28, 2025 | 0.91 |
| Mar 29, 2025 | 0.86 |
| Dec 28, 2024 | 2.04 |
| Sep 28, 2024 | 1.22 |
| Jun 29, 2024 | 1.08 |
| Mar 30, 2024 | 0.85 |
| Dec 30, 2023 | 4.55 |
| Sep 30, 2023 | 5.61 |
| Jul 1, 2023 | 5.86 |
| Apr 1, 2023 | 5.28 |
| Dec 31, 2022 | 5.88 |
| Oct 1, 2022 | 6.72 |
| Jul 2, 2022 | 8.02 |
| Apr 2, 2022 | 6.77 |
| Jan 1, 2022 | -8.29 |
| Oct 2, 2021 | 17.70 |
| Jul 3, 2021 | 9.61 |