Company

The Middleby Corporation

Headquarters: Elgin, IL, United States

Founded: 1888

Employees: 10,624

CEO: Mr. Timothy J. FitzGerald

NASDAQ: MIDD -0.46%

Market Cap

$7.51 Billion

USD as of Jan. 1, 2024

Market Cap History

The Middleby Corporation market capitalization over time

Evolution of The Middleby Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of The Middleby Corporation

Detailed Description

The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

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Stocks & Indices

The Middleby Corporation has the following listings and related stock indices.


Stock: NASDAQ: MIDD wb_incandescent

Stock: FSX: MBY wb_incandescent

Key People

Timothy Fitz Gerald, CEO Bryan Mittelman, CFO David Brewer, COO Martin M. Lindsay, Treasurer

Financials

Revenue: US$2.722 billion (2018)

Net income: US$317.15 million (2018)

Details

Headquarters:

1400 Toastmaster Drive

Elgin, IL 60120

United States

Phone: 847 741 3300