Middleby Corp (MIDD)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 665,021 | 697,010 | 695,493 | 701,939 | 689,845 | 676,056 | 663,320 | 645,776 | 602,192 | 552,704 | 624,481 | 593,971 | 629,992 | 584,599 | 437,789 | 340,190 | 324,431 | 383,234 | 417,907 | 518,396 |
| Revenue (ttm) | US$ in thousands | 3,875,161 | 3,869,861 | 3,907,703 | 3,956,137 | 4,036,611 | 4,059,731 | 4,071,951 | 4,045,571 | 4,032,847 | 3,867,563 | 3,692,237 | 3,487,410 | 3,250,792 | 3,113,672 | 2,930,652 | 2,593,856 | 2,513,257 | 2,571,587 | 2,661,076 | 2,950,103 |
| Operating profit margin | 17.16% | 18.01% | 17.80% | 17.74% | 17.09% | 16.65% | 16.29% | 15.96% | 14.93% | 14.29% | 16.91% | 17.03% | 19.38% | 18.78% | 14.94% | 13.12% | 12.91% | 14.90% | 15.70% | 17.57% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $665,021K ÷ $3,875,161K
= 17.16%
Middleby Corp's operating profit margin has shown a fluctuating trend over the analyzed periods. It started at a relatively high level of 17.57% in March 2020, then experienced a slight decline to 12.91% by December 2020. However, the operating profit margin gradually recovered and reached its peak at 19.38% in December 2021.
Subsequently, the operating profit margin displayed some variability, ranging from 14.29% in September 2022 to 18.01% in September 2024. Overall, the operating profit margin of Middleby Corp demonstrates a general stability and a positive trend, indicating the company's ability to effectively manage its operating expenses and generate profits from its core operations throughout the analyzed periods.
Peer comparison
Dec 31, 2024