The Middleby Corporation

MIDD · NASDAQ
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12/28/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$3,875,162$4,036,605$4,032,853$3,250,792
% Growth-4%0.1%24.1%
Cost of Goods Sold$2,404,793$2,502,543$2,586,299$2,055,932
Gross Profit$1,470,369$1,534,062$1,446,554$1,194,860
% Margin37.9%38%35.9%36.8%
R&D Expenses$0$53,100$0$0
G&A Expenses$0$0$754,553$622,910
SG&A Expenses$762,502$794,442$797,234$667,976
Sales & Mktg Exp.$0$0$42,681$45,066
Other Operating Expenses$51,679$51,652$9,716-$103,108
Operating Expenses$814,181$899,194$806,950$564,868
Operating Income$656,188$634,868$639,604$629,992
% Margin16.9%15.7%15.9%19.4%
Other Income/Exp. Net-$78,868-$115,490-$75,189-$10,488
Pre-Tax Income$577,320$519,378$564,415$619,504
Tax Expense$148,887$118,496$127,846$131,012
Net Income$428,433$400,882$436,569$488,492
% Margin11.1%9.9%10.8%15%
EPS7.977.488.078.85
% Growth6.6%-7.3%-8.8%
EPS Diluted7.97.417.958.62
Weighted Avg Shares Out53,73853,57754,09555,216
Weighted Avg Shares Out Dil54,20954,08654,94756,665
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$92,229$120,348$88,977$57,157
Depreciation & Amortization$127,174$125,400$138,061$125,243
EBITDA$796,723$797,347$791,453$801,904
% Margin20.6%19.8%19.6%24.7%