Middleby (MIDD) Tax Rate (2009 - 2026)
Middleby (MIDD) posted quarterly Tax Rate of 15.47% for Q1 2026, down 1058.0% year-over-year from 1.61% in Q1 2025, and up 35.75% quarter-over-quarter from 11.4% in Q3 2025.
Middleby (MIDD) Tax Rate (2009 - 2026) Analysis & Trends
Middleby (MIDD) has reported Tax Rate for 18 consecutive years, with 15.47% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 1058.0% year-over-year to 15.47%; the TTM figure through Jan 2026 stood at 23.84% (down 180.0% YoY), while the FY2026 annual figure was 23.85%, down 179.0% from the prior year.
- Tax Rate climbed to 15.47% in Q1 2026 per MIDD's latest filing, from 11.4% in the prior quarter.
- Across five years, Tax Rate topped out at 26.19% in Q3 2024 and bottomed at 11.4% in Q3 2025.
- Historically, Tax Rate has averaged 22.03% across 5 years, with a median of 24.64% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 1478 bps — and 2025, when it slumped 1480 bps.
- Middleby's Tax Rate stood at 17.64% in 2022, then slipped by 17 bps to 14.68% in 2023, then jumped by 77 bps to 26.05% in 2024, then sank by 56 bps to 11.4% in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Middleby | 5.10 Bn | 4.94 Bn | 335.08 Mn | 34.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 34.26% |
| Jul 4, 2026 | 34.26% |
| Jul 4, 2026 | 34.26% |
| Jan 3, 2026 | 15.47% |
| Jan 3, 2026 | 15.47% |
| Jan 3, 2026 | 15.47% |
| Sep 27, 2025 | 11.40% |
| Sep 27, 2025 | 11.40% |
| Sep 27, 2025 | 11.40% |
| Jun 28, 2025 | 20.33% |
| Jun 28, 2025 | 20.33% |
| Jun 28, 2025 | 20.33% |
| Mar 29, 2025 | 23.96% |
| Mar 29, 2025 | 23.96% |
| Mar 29, 2025 | 23.96% |
| Dec 28, 2024 | 26.05% |
| Dec 28, 2024 | 26.05% |
| Dec 28, 2024 | 26.05% |
| Sep 28, 2024 | 26.19% |
| Sep 28, 2024 | 26.19% |