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 299.46 Bn 290.43 Bn 1.78 Bn 6.94
2 Eaton 164.06 Bn 163.35 Bn 2.65 Bn 21.68
3 Parker-Hannifin 120.65 Bn 120.18 Bn 2.02 Bn 19.21
4 Cummins 98.98 Bn 96.25 Bn 2.24 Bn 27.19
5 Emerson Electric 84.75 Bn 82.97 Bn 2.42 Bn 22.07
6 Illinois Tool Works 76.17 Bn 75.34 Bn 1.76 Bn 20.58
7 Ametek 54.28 Bn 53.79 Bn 717.56 Mn 18.99
8 Rockwell Automation 53.18 Bn 52.81 Bn 1.13 Bn 20.23
9 Ingersoll Rand 30.53 Bn 29.32 Bn 792.40 Mn 15.70
10 Middleby 8.61 Bn 8.39 Bn 336.22 Mn 15.47

Historic Data

Download Data
DateValue
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%