The Middleby (LTS:0K1G) Total Operating Expense: $649 Mil (TTM As of Mar. 2026)

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LTS:0K1G The Middleby Corp LTS:0K1G
79 GF Score
Price $130.74
GF Value $113.42
Valuation Modestly Overvalued
! 4 Warning Signs
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What is The Middleby Total Operating Expense?

The Middleby LTS:0K1G -0.68% 79 Total Operating Expense is $649 Mil as of Mar. 2026. GuruFocus rates LTS:0K1G with a GF Score™ of 79/100 and a GF Value™ of $113.42 (Modestly Overvalued). The stock has 4 warning signs investors should review.

The Middleby's Total Operating Expense for the three months ended in Mar. 2026 was $188 Mil. The Middleby's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $649 Mil.

The Middleby Total Operating Expense Related Terms

The Middleby Total Operating Expense Historical Data

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The historical data trend for The Middleby's Total Operating 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 Total Operating Expense Chart

The Middleby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 667.98 797.23 624.93 590.12 663.16

The Middleby Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating 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 161.81 213.61 203.62 43.32 188.30
LTS:0K1G
79GF Score
The Middleby Corp LTS:0K1G
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Middleby Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $649 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 Total Operating Expense of $649 Mil mean?
The Middleby (LTS:0K1G) has a Total Operating Expense of $649 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on The Middleby and its competitors.
Is The Middleby's Total Operating Expense too high?
The Middleby's current Total Operating Expense is $649 Mil. Overall, The Middleby has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Total Operating Expense compare to NPO and GTES?
The Middleby's Total Operating Expense of $649 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 Total Operating Expense for an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on The Middleby and its competitors. The Middleby's current Total Operating Expense is $649 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 (LTS:0K1G) is currently considered Modestly Overvalued. The stock's GF Value™ is $113.42, compared to a current price of $130.74 — trading 15.3% above its estimated fair value. The current Total Operating Expense is $649 Mil. The Middleby's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For The Middleby (LTS:0K1G), the current Total Operating Expense is $649 Mil 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 (LTS:0K1G) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of $130.74 is trading 15.3% above its estimated GF Value™ of $113.42. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for LTS:0K1G:

  • Total Operating Expense: $649 Mil
  • GF Value™: $113.42 vs. price of $130.74 (15.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the LTS:0K1G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Middleby Business Description

Other Exchanges MIDD:USAMBY: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.
79GF Score

Get the complete analysis for LTS:0K1G

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

$130.74
Price
$113.42
GF Value