MIDD Q2 2022 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$8B

Q2 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.0B+25.3% YoY

Gross Profit

$361M35.6% margin

Operating Income

$167M16.5% margin

Net Income

$113M11.2% margin

EPS (Diluted)

$2.07

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$105M

Free Cash Flow

$87M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$4.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$809M	+25.3%
Gross Profit	$361M	$304M	+18.8%
Operating Income	$167M	$137M	+22.3%
Net Income	$113M	$121M	-6.1%

Revenue Segments

Commercial Foodservice Equipment Group

$610M60%

Residential Kitchen

$280M28%

Food Processing Group

$124M12%