Middleby Corp (MIDD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.08% | 36.59% | 36.75% | 37.05% | 37.55% | 37.87% | 37.51% | 36.95% | 35.87% | 35.48% | 35.39% | 35.83% | 36.76% | 36.46% | 36.11% | 35.00% | 35.10% | 35.61% | 36.19% | 37.16% |
| 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% |
| Pretax margin | 14.90% | 13.21% | 12.82% | 12.70% | 12.87% | 14.64% | 14.46% | 14.43% | 14.00% | 13.93% | 17.08% | 17.60% | 19.06% | 17.65% | 13.56% | 11.17% | 10.67% | 13.34% | 13.93% | 15.91% |
| Net profit margin | 11.06% | 10.14% | 9.90% | 9.82% | 9.93% | 11.28% | 11.14% | 11.12% | 10.83% | 10.50% | 12.94% | 13.91% | 15.03% | 14.06% | 10.99% | 8.59% | 8.25% | 10.28% | 10.75% | 12.10% |
Middleby Corp's profitability ratios show fluctuations over the past several quarters. The gross profit margin has ranged from 35.61% to 37.87%, displaying some variability but generally staying above 35%, indicating the company's ability to control production costs.
The operating profit margin has shown more variability, ranging from 12.91% to 19.38%. Although there have been fluctuations, the operating profit margin has generally been increasing, which suggests improved efficiency in managing operating expenses.
The pretax margin has ranged from 10.67% to 19.06%, showing fluctuations but with a clear upward trend in recent quarters. This indicates that the company has been effectively managing its pre-tax expenses and generating higher earnings before taxes.
The net profit margin has ranged from 8.25% to 15.03%, showing a similar upward trend as the pretax margin. This indicates that Middleby Corp has been successful in converting its revenues into profits, with the net profit margin steadily improving over the quarters.
Overall, Middleby Corp's profitability ratios demonstrate a trend of improvement over the past few quarters, indicating effective cost management and increased profitability.
Return on investment
| 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 return on assets (Operating ROA) | 9.13% | 9.68% | 9.90% | 10.13% | 9.99% | 9.77% | 9.50% | 9.28% | 8.76% | 8.28% | 9.49% | 9.17% | 9.87% | 10.13% | 8.07% | 6.43% | 6.24% | 7.63% | 7.72% | 9.82% |
| Return on assets (ROA) | 5.88% | 5.45% | 5.51% | 5.60% | 5.80% | 6.61% | 6.49% | 6.47% | 6.35% | 6.09% | 7.26% | 7.49% | 7.65% | 7.58% | 5.94% | 4.21% | 3.98% | 5.27% | 5.28% | 6.76% |
| Return on total capital | 18.75% | 17.61% | 17.73% | 18.28% | 18.01% | 21.00% | 22.11% | 22.56% | 21.52% | 21.38% | 19.72% | 18.93% | 19.16% | 18.84% | 20.38% | 15.36% | 15.98% | 18.75% | 19.31% | 24.56% |
| Return on equity (ROE) | 11.78% | 10.92% | 11.31% | 11.73% | 12.34% | 14.79% | 15.12% | 15.72% | 15.60% | 16.25% | 19.75% | 19.97% | 19.58% | 19.04% | 15.16% | 11.17% | 10.49% | 13.02% | 14.74% | 18.84% |
Middleby Corp's profitability ratios have shown some fluctuations over the quarters analyzed.
- Operating return on assets (Operating ROA) has varied from a low of 6.24% in December 2020 to a high of 10.13% in September 2021, with a generally upward trend in recent quarters, reaching 9.99% by December 2023.
- Return on assets (ROA) has followed a similar pattern, ranging from 3.98% in December 2020 to 6.61% in September 2023, with a slight decline towards the end of the period to 5.45% in September 2024.
- Return on total capital has fluctuated between 15.36% in March 2021 to 22.56% in March 2023, showing some volatility but generally maintaining levels above 15%.
- Return on equity (ROE) has ranged from 10.49% in December 2020 to 19.97% in March 2022, with a gradual decline towards the end of the period to 11.78% by December 2024.
Overall, Middleby Corp's profitability ratios exhibit variability over time, with some quarters showing stronger performance than others, but generally demonstrating a strong ability to generate returns for its stakeholders.