Middleby (MIDD) Operating Margin (2009 - 2026)
Middleby (MIDD) reported Operating Margin of 96.16% for Q1 2026, up 7712.0% year-over-year from 1.23% in Q1 2025, and up 240.07% quarter-over-quarter from 68.65% in Q3 2025.
Middleby (MIDD) Operating Margin (2009 - 2026) Analysis & Trends
Middleby (MIDD) has 18 years of Operating Margin data on file, last reported at 96.16% in Q1 2026.
- Operating Margin for Q1 2026 came in at 96.16%, up 7712.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 17.96% (down 249.0% YoY), and the FY2026 annual result was 17.96%, down 249.0% from the prior year.
- Operating Margin grew to 96.16% in Q1 2026 per MIDD's latest filing, from 68.65% in the prior quarter.
- Over five years, Operating Margin peaked at 96.16% in Q1 2026 and troughed at 68.65% in Q3 2025.
- A 5-year average of 20.29% and a median of 18.22% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2025 and 2026: Operating Margin sank 9119 bps in 2025, then jumped 7712 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 18.23% in 2022, then soared by 239 bps to 61.75% in 2023, then tumbled by 69 bps to 19.04% in 2024, then tumbled by 460 bps to 68.65% in 2025, then jumped by 240 bps to 96.16% in 2026.
- Business Quant data shows MIDD's Operating Margin at 96.16% in Q1 2026, 68.65% in Q3 2025, and 19.5% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.92% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 15.73% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 20.65% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 11.30% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 24.24% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 25.40% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 26.70% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.86% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 14.90% |
| 10 | Middleby | 7.73 Bn | 7.51 Bn | 336.22 Mn | 96.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 96.16% |
| Sep 27, 2025 | -68.65% |
| Jun 28, 2025 | 19.50% |
| Mar 29, 2025 | 19.24% |
| Dec 28, 2024 | 19.04% |
| Sep 28, 2024 | 22.54% |
| Jun 29, 2024 | 22.00% |
| Mar 30, 2024 | 18.21% |
| Dec 30, 2023 | 61.75% |
| Sep 30, 2023 | 17.79% |
| Jul 1, 2023 | 17.77% |
| Apr 1, 2023 | 15.98% |
| Dec 31, 2022 | 18.23% |
| Oct 1, 2022 | 16.29% |
| Jul 2, 2022 | 16.50% |
| Apr 2, 2022 | 12.32% |
| Oct 2, 2021 | 28.56% |
| Jul 3, 2021 | 16.90% |
| Apr 3, 2021 | 15.98% |
| Jan 2, 2021 | 12.78% |