The MiddlebyFRA:MBY +1.37%85 Pretax Margin % is 13.44% as of Mar. 2026, which is 16% below its 10-year median of 16.03. 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 3,032 Industrial Products companies, The Middleby ranks better than 82.16% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Middleby's Pre-Tax Income for the
three
months ended in Mar. 2026 was €98 Mil. The Middleby's Revenue for the
three
months ended in Mar. 2026 was €727 Mil. Therefore, The Middleby's pretax margin for the quarter that ended in Mar. 2026 was 13.44%.
The historical rank and industry rank for The Middleby's Pretax Margin % or its related term are showing as below:
FRA:MBY'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.67 Med: 16.03 Max: 19.06
Current: 15.11
FRA:MBY's Pretax Margin % is ranked better than 82.16% of 3032
companies
in the Industrial Products industry
Industry Median: 5.85
vs FRA:MBY: 15.11
The Middleby (FRA:MBY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
The Middleby Pretax Margin % Related Terms
The Middleby Pretax Margin % Historical Data
* Premium members only.
The historical data trend for The Middleby's Pretax Margin % 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.
FRA:MBY vs JBTM, XE, GTES: Pretax Margin % Comparison
For the Specialty Industrial Machinery subindustry, The Middleby's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Middleby's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where The Middleby's Pretax Margin % falls into.
* 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 (FRA:MBY) has a Pretax Margin % of 13.44% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on The Middleby and its competitors. This is 16% below median its historical median of 16.03. Over the past decade, The Middleby's Pretax Margin % has ranged from 10.67 to 19.06. According to the industry distribution chart, The Middleby ranks #541 out of 3032 companies in the Industrial Products industry, placing it in the top 17.8%.
Is The Middleby's Pretax Margin % too high?
The Middleby's current Pretax Margin % of 13.44% is 16% below median its 10-year median of 16.03. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 19.06. The Industrial Products industry median Pretax Margin % is 5.85. The Middleby's value of 13.44% is 129.7% above this industry median. Based on the distribution chart, The Middleby ranks #541 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to JBTM and XE?
According to the Industrial Products industry distribution chart, The Middleby ranks #541 out of 3032 companies for Pretax Margin %. This places The Middleby in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. The Middleby's value of 13.44% is 129.7% above this benchmark. Historically, The Middleby's own Pretax Margin % has ranged from 10.67 to 19.06 over the past decade. While the company's 10-year median is 16.03 vs. the industry median of 5.85, The Middleby has consistently been above 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 Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Middleby's current Pretax Margin % of 13.44% is 129.7% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on The Middleby and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Middleby's current Pretax Margin % is 13.44%, which is 16% below median its own 10-year median of 16.03. 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 Pretax Margin % is 13.44%, which is 16% below median its 10-year median of 16.03 and 129.7% above the Industrial Products industry median of 5.85. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For The Middleby (FRA:MBY), the current Pretax Margin % is 13.44% 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:
Pretax Margin %: 13.44% (16% below median its 10-year median of 16.03)
GF Value™: €130.89 vs. price of €148.00 (13.1% above fair value)
Industry Position: 129.7% above the Industrial Products median (#541 of 3032)
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 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
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