Middleby (MIDD) Interest Expenses (2009 - 2026)
Middleby (MIDD) posted quarterly Interest Expenses of $32.6 million for Q1 2026, down 57.99% year-over-year from $77.5 million in Q1 2025, and down 80.25% quarter-over-quarter from $164.9 million in Q3 2025.
Middleby (MIDD) Interest Expenses (2009 - 2026) Analysis & Trends
Middleby (MIDD) has reported Interest Expenses for 18 consecutive years, with $32.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 57.99% year-over-year to $32.6 million; the TTM figure through Jan 2026 stood at $532.4 million (up 586.65% YoY), while the FY2026 annual figure was $532.4 million, up 586.65% from the prior year.
- Interest Expenses fell to $32.6 million in Q1 2026 per MIDD's latest filing, from $164.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $171.1 million in Q2 2025 and bottomed at -$44.9 million in Q1 2022.
- Historically, Interest Expenses has averaged $73.4 million across 5 years, with a median of $32.0 million in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses plunged 361.49% — and 2024, when it soared 426.47%.
- Middleby's Interest Expenses stood at $32.0 million in 2022, then slipped by 9.13% to $29.1 million in 2023, then jumped by 166.85% to $77.5 million in 2024, then soared by 112.67% to $164.9 million in 2025, then sank by 80.25% to $32.6 million in 2026.
- Business Quant data shows MIDD's Interest Expenses at $32.6 million in Q1 2026, $164.9 million in Q3 2025, and $171.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 201.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 80.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 79.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 30.10 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 33.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 63.30 Mn |
| 10 | Middleby | 5.24 Bn | 5.08 Bn | 335.08 Mn | 25.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 141.90 Mn |
| Jul 4, 2026 | 141.90 Mn |
| Jan 3, 2026 | 32.57 Mn |
| Jan 3, 2026 | 32.57 Mn |
| Sep 27, 2025 | 164.90 Mn |
| Sep 27, 2025 | 164.90 Mn |
| Jun 28, 2025 | 171.10 Mn |
| Jun 28, 2025 | 171.10 Mn |
| Mar 29, 2025 | 163.85 Mn |
| Mar 29, 2025 | 163.85 Mn |
| Dec 28, 2024 | 77.54 Mn |
| Dec 28, 2024 | 77.54 Mn |
| Sep 28, 2024 | 142.46 Mn |
| Sep 28, 2024 | 142.46 Mn |
| Jun 29, 2024 | 163.25 Mn |
| Jun 29, 2024 | 163.25 Mn |
| Mar 30, 2024 | 160.57 Mn |
| Mar 30, 2024 | 160.57 Mn |
| Dec 30, 2023 | 29.06 Mn |
| Dec 30, 2023 | 29.06 Mn |