MIDD Q2 2021 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$7B

Q2 2021 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$809M+71.4% YoY

Gross Profit

$304M37.6% margin

Operating Income

$137M16.9% margin

Net Income

$121M14.9% margin

EPS (Diluted)

$2.13

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

$102M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$3.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$396M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$809M	$472M	+71.4%
Gross Profit	$304M	$153M	+98.4%
Operating Income	$137M	$39M	+249.5%
Net Income	$121M	$21M	+469.8%

Revenue Segments

Commercial Foodservice Equipment Group

$509M63%

Residential Kitchen

$170M21%

Food Processing Group

$130M16%

Geographic Segments

United States And Canada

$568M70%

Europe And Middle East

$166M20%

Asia

$52M6%

Latin America

$23M3%