The Middleby (FRA:MBY) Current Ratio: 1.96 (As of Mar. 2026) — Near Median


FRA:MBY The Middleby Corp FRA:MBY
85 GF Score
Price €148.00
GF Value €130.89
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Middleby Current Ratio?

The Middleby FRA:MBY +1.37% 85 Current Ratio is 1.96 as of Mar. 2026, which is 4% below its 10-year median of 2.05. GuruFocus rates FRA:MBY with a GF Score™ of 85/100 and a GF Value™ of €130.89 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,074 Industrial Products companies, The Middleby ranks worse than 50.03% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. The Middleby's current ratio for the quarter that ended in Mar. 2026 was 1.96.

The Middleby has a current ratio of 1.96. It generally indicates good short-term financial strength.

The historical rank and industry rank for The Middleby's Current Ratio or its related term are showing as below:

FRA:MBY' s Current Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.05   Max: 3.27
Current: 1.96

During the past 13 years, The Middleby's highest Current Ratio was 3.27. The lowest was 1.61. And the median was 2.05.

FRA:MBY's Current Ratio is ranked worse than
50.03% of 3074 companies
in the Industrial Products industry
Industry Median: 1.965 vs FRA:MBY: 1.96

The Middleby  (FRA:MBY) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


The Middleby Current Ratio Related Terms


The Middleby Current Ratio Historical Data

* Premium members only.

The historical data trend for The Middleby's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Middleby Current Ratio Chart

The Middleby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.03 2.31 2.81 2.57

The Middleby Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.57 2.07 2.57 1.96

FRA:MBY vs JBTM, XE, GTES: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, The Middleby's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Middleby Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Current Ratio distribution charts can be found below:

* The bar in red indicates where The Middleby's Current Ratio falls into.


FRA:MBY
85GF Score
The Middleby Corp FRA:MBY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Middleby Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

The Middleby's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=2342.217/912.269
=2.57

The Middleby's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1425.381/725.553
=1.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.96 mean?
The Middleby (FRA:MBY) has a Current Ratio of 1.96 as of Mar. 2026. This is near median its historical median of 2.05. Over the past decade, The Middleby's Current Ratio has ranged from 1.61 to 3.27. According to the industry distribution chart, The Middleby ranks #1538 out of 3074 companies in the Industrial Products industry, placing it in the top 50%.
Is The Middleby's Current Ratio too high?
The Middleby's current Current Ratio of 1.96 is near median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 3.27. The Industrial Products industry median Current Ratio is 1.97. The Middleby's value of 1.96 is 0.3% below this industry median. Based on the distribution chart, The Middleby ranks #1538 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, The Middleby has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Current Ratio compare to JBTM and XE?
According to the Industrial Products industry distribution chart, The Middleby ranks #1538 out of 3074 companies for Current Ratio. This puts The Middleby in the upper half of its industry. The industry median Current Ratio is 1.97. The Middleby's value of 1.96 is 0.3% below this benchmark. Historically, The Middleby's own Current Ratio has ranged from 1.61 to 3.27 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.97, The Middleby has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.97, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Middleby's current Current Ratio of 1.96 is 0.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Middleby's current Current Ratio is 1.96, which is near median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €130.89, compared to a current price of €148.00 — trading 13.1% above its estimated fair value. The current Current Ratio is 1.96, which is near median its 10-year median of 2.05 and 0.3% below the Industrial Products industry median of 1.97. The Middleby's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For The Middleby (FRA:MBY), the current Current Ratio is 1.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of €148.00 is trading 13.1% above its estimated GF Value™ of €130.89. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for FRA:MBY:

  • Current Ratio: 1.96 (near median its 10-year median of 2.05)
  • GF Value™: €130.89 vs. price of €148.00 (13.1% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 0.3% below the Industrial Products median (#1538 of 3074)

No single metric tells the full story. See the FRA:MBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
85GF Score

Get the complete analysis for FRA:MBY

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€148.00
Price
€130.89
GF Value