Company / SG&A Expense
Middleby SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$663.2M
FY2025
5-year range
$590.1M / $797.2M
FY2021-FY2025
Trend
+12.4%
vs FY2024
Sector context
#113 of 311
Industrials
What the data says
At $663M, Middleby's sg&a expense ranks #199 of 311 in the Industrials sector. SG&A Expense returned to growth in FY2025 after 2 years of decline, reaching $663M.
Based on SEC 10-K filings.
$663M in FY2025 with a 5-year CAGR of +4.5%.
Increased from $625M to $663M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -6.0%
- 5-Year CAGR
- +4.5%
- 10-Year CAGR
- -
Sector benchmark
#199 of 311 in IndustrialsTop 64% of 311This company $663.2M Sector average $849.5M
▼
-21.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +4.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 12.4% year-over-year.
- Ranks #113 out of 311 companies in the Industrials sector.
- Peak sg&a expense was recorded in FY2022.
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 |
|---|---|---|
| FY2025 | $663.2M | +12.4% |
| FY2024 | $590.1M | -5.6% |
| FY2023 | $624.9M | -21.6% |
| 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% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026