Middleby (MIDD) Tax Rate (2009 - 2026)
Middleby (MIDD) reported Tax Rate of 15.47% for Q1 2026, down 1059.0% year-over-year from 1.61% in Q1 2025, and up 35.78% quarter-over-quarter from 11.4% in Q3 2025.
Middleby (MIDD) Tax Rate (2009 - 2026) Analysis & Trends
Middleby (MIDD) has 18 years of Tax Rate data on file, last reported at 15.47% in Q1 2026.
- Tax Rate for Q1 2026 came in at 15.47%, down 1059.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 23.85% (down 180.0% YoY), and the FY2026 annual result was 23.85%, down 179.0% from the prior year.
- Tax Rate advanced to 15.47% in Q1 2026 per MIDD's latest filing, from 11.4% in the prior quarter.
- Over five years, Tax Rate peaked at 26.19% in Q3 2024 and troughed at 11.4% in Q3 2025.
- A 5-year average of 22.03% and a median of 24.64% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 1478 bps in 2022, then slumped 1480 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 17.64% in 2022, then decreased by 17 bps to 14.68% in 2023, then surged by 78 bps to 26.06% in 2024, then tumbled by 56 bps to 11.4% in 2025, then jumped by 36 bps to 15.47% in 2026.
- Business Quant data shows MIDD's Tax Rate at 15.47% in Q1 2026, 11.4% in Q3 2025, and 20.33% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Middleby | 7.73 Bn | 7.51 Bn | 336.22 Mn | 15.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 15.47% |
| Jan 3, 2026 | 15.47% |
| Sep 27, 2025 | 11.40% |
| Sep 27, 2025 | 11.40% |
| Jun 28, 2025 | 20.33% |
| Jun 28, 2025 | 20.33% |
| Mar 29, 2025 | 23.96% |
| Mar 29, 2025 | 23.96% |
| Dec 28, 2024 | 26.06% |
| Dec 28, 2024 | 26.06% |
| Sep 28, 2024 | 26.19% |
| Sep 28, 2024 | 26.19% |
| Jun 29, 2024 | 25.46% |
| Jun 29, 2024 | 25.46% |
| Mar 30, 2024 | 24.64% |
| Mar 30, 2024 | 24.64% |
| Dec 30, 2023 | 14.68% |
| Dec 30, 2023 | 14.68% |
| Sep 30, 2023 | 24.72% |
| Sep 30, 2023 | 24.72% |