Company / Income Tax
Middleby Income Tax History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$148.9M
FY2024
5-year range
$60.8M / $148.9M
FY2020-FY2024
Trend
+25.6%
vs FY2023
Sector context
#85 of 354
Industrials
What the data says
Middleby's income tax of $149M is higher than 76% of companies in the Industrials sector (FY2024). Income Tax returned to growth in FY2024 after 2 years of decline, reaching $149M.
Based on SEC 10-K filings.
$149M in FY2024 with a 5-year CAGR of +6.2%. Top quartile in the Industrials sector.
Increased from $128M to $149M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +4.4%
- 5-Year CAGR
- +6.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 24% in IndustrialsTop 76% of 354This company $148.9M Sector average $125.6M
▼
+18.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +6.2%, indicating consistent growth.
- In FY2024, income tax increased 25.6% year-over-year.
- Ranks #85 out of 354 companies in the Industrials sector.
- Lowest income tax in the period was in FY2020.
Company context
Key Data Points
- Negative profit margin: -5.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $148.9M | +25.6% |
| FY2023 | $118.5M | -7.3% |
| FY2022 | $127.8M | -2.4% |
| FY2021 | $131.0M | +115.6% |
| FY2020 | $60.8M | -45.0% |
| FY2019 | $110.4M | +3.8% |
| FY2018 | $106.4M | +24.5% |
| FY2017 | $85.4M | -37.7% |
| FY2016 | $137.1M | +53.1% |
| FY2015 | $89.6M | +2.4% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026