MIDDThe Middleby Corporation

$7B

Q3 2021 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$818M+28.8% YoY

Gross Profit

$300M36.6% margin

Operating Income

$233M28.6% margin

Net Income

$176M21.5% margin

EPS (Diluted)

$3.09

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$174M

Free Cash Flow

$163M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$3.5B

Stockholders' Equity

$2.3B

Cash & Equivalents

$251M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$818M	$635M	+28.8%
Gross Profit	$300M	$223M	+34.5%
Operating Income	$233M	$87M	+169.4%
Net Income	$176M	$61M	+190.8%

Revenue Segments

Commercial Foodservice Equipment Group

$511M63%

Residential Kitchen

$193M24%

Food Processing Group

$113M14%

Geographic Segments

United States And Canada

$564M69%

Europe And Middle East

$174M21%

Asia

$56M7%

Latin America

$23M3%

MIDD Q3 2021 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena