The Middleby (STU:MBY) Selling, General, & Admin. Expense: €535 Mil (TTM As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:MBY The Middleby Corp STU:MBY
81 GF Score
Price €98.50
GF Value €105.75
Valuation Fairly Valued
! 2 Warning Signs
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What is The Middleby Selling, General, & Admin. Expense?

The Middleby STU:MBY +3.14% 81 Selling, General, & Admin. Expense is €535 Mil as of Jun. 2026. GuruFocus rates STU:MBY with a GF Score™ of 81/100 and a GF Value™ of €105.75 (Fairly Valued). The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. The Middleby's selling, general, & admin. expense for the three months ended in Jun. 2026 was €162 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €535 Mil.


The Middleby  (STU:MBY) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


The Middleby Selling, General, & Admin. Expense Related Terms


The Middleby Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for The Middleby's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

The Middleby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 591.16 752.59 573.06 563.56 566.34

The Middleby Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 145.31 173.48 37.00 162.88 161.97

STU:MBY vs GTES, SYM, NPO: Selling, General, & Admin. Expense Comparison

For the Specialty Industrial Machinery subindustry, The Middleby's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where The Middleby's Selling, General, & Admin. Expense falls into.


STU:MBY
81GF Score
The Middleby Corp STU:MBY
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Middleby Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €535 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €535 Mil mean?
The Middleby (STU:MBY) has a Selling, General, & Admin. Expense of €535 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on The Middleby and its competitors.
Is The Middleby's Selling, General, & Admin. Expense too high?
The Middleby's current Selling, General, & Admin. Expense is €535 Mil. Overall, The Middleby has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Selling, General, & Admin. Expense compare to GTES and SYM?
The Middleby's Selling, General, & Admin. Expense of €535 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Industrial Products company?
A good Selling, General, & Admin. Expense depends on the Industrial Products industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on The Middleby and its competitors. The Middleby's current Selling, General, & Admin. Expense is €535 Mil. 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 (STU:MBY) is currently considered Fairly Valued. The stock's GF Value™ is €105.75, compared to a current price of €98.50 — trading 6.9% below its estimated fair value. The current Selling, General, & Admin. Expense is €535 Mil. The Middleby's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For The Middleby (STU:MBY), the current Selling, General, & Admin. Expense is €535 Mil as of Jun. 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 (STU:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be undervalued. The current stock price of €98.50 is trading 6.9% below its estimated GF Value™ of €105.75. GuruFocus considers The Middleby to be Fairly Valued.

Key valuation signals for STU:MBY:

  • Selling, General, & Admin. Expense: €535 Mil
  • GF Value™: €105.75 vs. price of €98.50 (6.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the STU: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:UKMBY:Germany
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.
81GF Score

Get the complete analysis for STU:MBY

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€98.50
Price
€105.75
GF Value