MIDD Q3 2022 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$8B

Q3 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$993M+21.4% YoY

Gross Profit

$365M36.8% margin

Operating Income

$162M16.3% margin

Net Income

$104M10.5% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$65M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$6.7B

Total Liabilities

$4.2B

Stockholders' Equity

$2.5B

Cash & Equivalents

$145M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$993M	$818M	+21.4%
Gross Profit	$365M	$300M	+21.9%
Operating Income	$162M	$233M	-30.7%
Net Income	$104M	$176M	-40.7%

Revenue Segments

Commercial Foodservice Equipment Group

$624M63%

Residential Kitchen

$221M22%

Food Processing Group

$148M15%