Middleby (MIDD) Interest Coverage Ratio (2009 - 2026)
Middleby's (MIDD) quarterly Interest Coverage Ratio came in at 37.15 in Q1 2026, up 1724.87% year-on-year from 2.04 in Q1 2025, and up 1205.23% on a QoQ basis from 3.36 in Q3 2025.
Middleby (MIDD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Middleby (MIDD) has 18 years of Interest Coverage Ratio data on file, last reported at 37.15 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 1724.87% year-over-year to 37.15 in Q1 2026; TTM through Jan 2026 was 1.1, a 86.75% decrease from a year earlier, with the FY2026 full-year figure at 1.08, down 87.0% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 37.15, up from 3.36 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for MIDD reached as high as 37.15 in Q1 2026 and fell as low as 9.4 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 4.38 across 5 years, with a median of 2.04 in 2024.
- Across the five-year window, Interest Coverage Ratio plunged 802.27% in 2022 and jumped 1724.87% in 2026, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.35 in 2022, then jumped by 1244.68% to 4.77 in 2023, then plunged by 57.3% to 2.04 in 2024, then sank by 265.11% to 3.36 in 2025, then soared by 1205.23% to 37.15 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 37.15 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 | 270.93 Bn | 257.81 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 2.14 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.49 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 6.58 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 4.54 |
| 10 | Middleby | 6.92 Bn | 6.70 Bn | 336.22 Mn | 37.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 37.15 |
| 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 | 4.77 |
| Sep 30, 2023 | 5.38 |
| Jul 1, 2023 | 5.86 |
| Apr 1, 2023 | 5.28 |
| Dec 31, 2022 | 0.35 |
| Oct 1, 2022 | 6.72 |
| Jul 2, 2022 | 8.02 |
| Apr 2, 2022 | 6.77 |
| Jan 1, 2022 | -9.40 |
| Oct 2, 2021 | 17.70 |
| Jul 3, 2021 | 9.61 |
| Apr 3, 2021 | 7.30 |