MIDD Q2 2019 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$7B

Q2 2019 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$761M+13.9% YoY

Gross Profit

$286M37.6% margin

Operating Income

$140M18.3% margin

Net Income

$92M12.1% margin

EPS (Diluted)

$1.66

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

$54M

Stock-Based Comp.

$265,000

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$3.1B

Stockholders' Equity

$1.8B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$761M	$668M	+13.9%
Gross Profit	$286M	$251M	+14.2%
Operating Income	$140M	$111M	+25.4%
Net Income	$92M	$84M	+9.8%

Revenue Segments

Commercial Foodservice Equipment Group

$513M67%

Residential Kitchen

$150M20%

Food Processing Group

$98M13%