MIDD Q3 2020 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$7B

Q3 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$635M-12.4% YoY

Gross Profit

$223M35.1% margin

Operating Income

$87M13.7% margin

Net Income

$61M9.5% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

+34.4%

Cash Flow

Operating Cash Flow

$151M

Free Cash Flow

$144M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$220M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$635M	$724M	-12.4%
Gross Profit	$223M	$270M	-17.5%
Operating Income	$87M	$121M	-28.6%
Net Income	$61M	$82M	-26.2%

Revenue Segments

Commercial Foodservice Equipment Group

$371M59%

Residential Kitchen

$153M24%

Food Processing Group

$111M17%