MIDD Q1 2021 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$8B

Q1 2021 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$758M+11.9% YoY

Gross Profit

$276M36.4% margin

Operating Income

$121M16.0% margin

Net Income

$89M11.8% margin

EPS (Diluted)

$1.59

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$51M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$3.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$309M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$758M	$677M	+11.9%
Gross Profit	$276M	$250M	+10.3%
Operating Income	$121M	$105M	+14.9%
Net Income	$89M	$74M	+21.0%

Revenue Segments

Commercial Foodservice Equipment Group

$481M63%

Residential Kitchen

$164M22%

Food Processing Group

$112M15%

Geographic Segments

United States And Canada

$527M70%

Europe And Middle East

$154M20%

Asia

$57M7%

Latin America

$20M3%