Company / SG&A Expense
Middleby SG&A Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$762.5M
FY2024
5-year range
$531.9M / $806.9M
FY2020-FY2024
Trend
-5.5%
vs FY2023
Sector context
#98 of 310
Industrials
What the data says
At $763M, Middleby's sg&a expense ranks #213 of 310 in the Industrials sector. SG&A Expense has fluctuated over the past 10 years, ranging from $375M in FY2015 to $807M in FY2023.
Based on SEC 10-K filings.
$763M in FY2024 with a 5-year CAGR of +5.1%.
Improved from $797M to $763M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +4.5%
- 5-Year CAGR
- +5.1%
- 10-Year CAGR
- -
Sector benchmark
#213 of 310 in IndustrialsTop 68% of 310This company $762.5M Sector average $854.3M
▼
-10.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.1%, indicating consistent growth.
- In FY2024, sg&a expense decreased 5.5% year-over-year.
- Ranks #98 out of 310 companies in the Industrials sector.
- Peak sg&a expense was recorded in FY2023.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $762.5M | -5.5% |
| FY2023 | $806.9M | +1.2% |
| FY2022 | $797.2M | +19.4% |
| FY2021 | $668.0M | +25.6% |
| FY2020 | $531.9M | -10.4% |
| FY2019 | $593.8M | +10.2% |
| FY2018 | $538.8M | +15.1% |
| FY2017 | $468.2M | -0.7% |
| FY2016 | $471.6M | +25.7% |
| FY2015 | $375.1M | +138.9% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026