The Middleby Corporation
The Middleby Corporation designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induct… Read more
The Middleby Corporation (MBY) - Total Assets
Latest total assets as of September 2025: €6.35 Billion EUR
Based on the latest financial reports, The Middleby Corporation (MBY) holds total assets worth €6.35 Billion EUR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
The Middleby Corporation - Total Assets Trend (2014–2024)
This chart illustrates how The Middleby Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Middleby Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
The Middleby Corporation's total assets of €6.35 Billion consist of 32.0% current assets and 68.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 9.5% |
| Accounts Receivable | €643.36 Million | 8.8% |
| Inventory | €841.57 Million | 11.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.61 Billion | 22.1% |
| Goodwill | €2.52 Billion | 34.6% |
Asset Composition Trend (2014–2024)
This chart illustrates how The Middleby Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The Middleby Corporation's current assets represent 32.0% of total assets in 2024, an increase from 29.7% in 2014.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, up from 2.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 56.0% of total assets, a decrease from 62.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 34.6% of total assets.
The Middleby Corporation Competitors by Total Assets
Key competitors of The Middleby Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
The Middleby Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - The Middleby Corporation generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, The Middleby Corporation generates $5.88 in net profit.
The Middleby Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.07 | 2.81 | 1.81 |
| Quick Ratio | 1.10 | 1.70 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.02 Billion | € 1.48 Billion | € 570.24 Million |
The Middleby Corporation - Advanced Valuation Insights
This section examines the relationship between The Middleby Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.77 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 5.5% |
| Total Assets | €7.28 Billion |
| Market Capitalization | $5.03 Billion USD |
Valuation Analysis
Below Book Valuation: The market values The Middleby Corporation's assets below their book value (0.69 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: The Middleby Corporation's assets grew by 5.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for The Middleby Corporation (2014–2024)
The table below shows the annual total assets of The Middleby Corporation from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €7.28 Billion | +5.45% |
| 2023-12-31 | €6.91 Billion | +0.46% |
| 2022-12-31 | €6.87 Billion | +7.70% |
| 2021-12-31 | €6.38 Billion | +22.70% |
| 2020-12-31 | €5.20 Billion | +4.00% |
| 2019-12-31 | €5.00 Billion | +9.94% |
| 2018-12-31 | €4.55 Billion | +36.23% |
| 2017-12-31 | €3.34 Billion | +14.49% |
| 2016-12-31 | €2.92 Billion | +5.65% |
| 2015-12-31 | €2.76 Billion | +33.64% |
| 2014-12-31 | €2.07 Billion | -- |