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Side-by-side financial comparison of Allstate (ALL) and MIDDLEBY Corp (MIDD). Click either name above to swap in a different company.

Allstate is the larger business by last-quarter revenue ($922.0M vs $866.4M, roughly 1.1× MIDDLEBY Corp). Allstate runs the higher net margin — 266.6% vs 4.3%, a 262.3% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (7.2% vs -30.6%). Over the past eight quarters, MIDDLEBY Corp's revenue compounded faster (-3.3% CAGR vs -75.8%).

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...

The Middleby Corporation is a publicly traded American company based in Elgin, Illinois. The company manufactures commercial cooking equipment, industrial processing equipment, and residential appliances. The commercial cooking equipment side of Middleby does business with 97 out of the top 100 food service chains in the United States and internationally.

ALL vs MIDD — Head-to-Head

Bigger by revenue
ALL
ALL
1.1× larger
ALL
$922.0M
$866.4M
MIDD
Growing faster (revenue YoY)
ALL
ALL
+37.8% gap
ALL
7.2%
-30.6%
MIDD
Higher net margin
ALL
ALL
262.3% more per $
ALL
266.6%
4.3%
MIDD
Faster 2-yr revenue CAGR
MIDD
MIDD
Annualised
MIDD
-3.3%
-75.8%
ALL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALL
ALL
MIDD
MIDD
Revenue
$922.0M
$866.4M
Net Profit
$2.5B
$36.9M
Gross Margin
38.8%
Operating Margin
-1400.3%
17.3%
Net Margin
266.6%
4.3%
Revenue YoY
7.2%
-30.6%
Net Profit YoY
-67.1%
EPS (diluted)
$9.25
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALL
ALL
MIDD
MIDD
Q1 26
$922.0M
Q4 25
$17.3B
$866.4M
Q3 25
$17.3B
$982.1M
Q2 25
$16.6B
$977.9M
Q1 25
$16.5B
$906.6M
Q4 24
$16.5B
$1.0B
Q3 24
$16.6B
$942.8M
Q2 24
$15.7B
$991.5M
Net Profit
ALL
ALL
MIDD
MIDD
Q1 26
$2.5B
Q4 25
$3.8B
$36.9M
Q3 25
$3.7B
$-513.0M
Q2 25
$2.1B
$106.0M
Q1 25
$595.0M
$92.4M
Q4 24
$1.9B
$112.3M
Q3 24
$1.2B
$114.2M
Q2 24
$331.0M
$115.4M
Gross Margin
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
38.8%
Q3 25
36.8%
Q2 25
38.0%
Q1 25
38.2%
Q4 24
38.4%
Q3 24
37.7%
Q2 24
38.3%
Operating Margin
ALL
ALL
MIDD
MIDD
Q1 26
-1400.3%
Q4 25
17.3%
Q3 25
-56.4%
Q2 25
15.9%
Q1 25
15.5%
Q4 24
16.8%
Q3 24
18.4%
Q2 24
17.7%
Net Margin
ALL
ALL
MIDD
MIDD
Q1 26
266.6%
Q4 25
22.1%
4.3%
Q3 25
21.7%
-52.2%
Q2 25
12.7%
10.8%
Q1 25
3.6%
10.2%
Q4 24
11.7%
11.1%
Q3 24
7.2%
12.1%
Q2 24
2.1%
11.6%
EPS (diluted)
ALL
ALL
MIDD
MIDD
Q1 26
$9.25
Q4 25
$14.24
$0.74
Q3 25
$13.95
$-10.15
Q2 25
$7.76
$1.99
Q1 25
$2.11
$1.69
Q4 24
$7.07
$2.07
Q3 24
$4.33
$2.11
Q2 24
$1.13
$2.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALL
ALL
MIDD
MIDD
Cash + ST InvestmentsLiquidity on hand
$222.2M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$31.6B
$2.8B
Total Assets
$124.0B
$6.3B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
$4.9B
$222.2M
Q3 25
$8.7B
$175.1M
Q2 25
$9.6B
$511.5M
Q1 25
$6.5B
$745.1M
Q4 24
$4.5B
$689.5M
Q3 24
$7.0B
$606.0M
Q2 24
$5.3B
$459.5M
Total Debt
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
$7.5B
$2.2B
Q3 25
$8.1B
Q2 25
$8.1B
Q1 25
$8.1B
Q4 24
$8.1B
$2.4B
Q3 24
$8.1B
Q2 24
$8.1B
Stockholders' Equity
ALL
ALL
MIDD
MIDD
Q1 26
$31.6B
Q4 25
$30.6B
$2.8B
Q3 25
$27.5B
$2.9B
Q2 25
$24.0B
$3.6B
Q1 25
$22.1B
$3.7B
Q4 24
$21.4B
$3.6B
Q3 24
$20.9B
$3.6B
Q2 24
$18.6B
$3.4B
Total Assets
ALL
ALL
MIDD
MIDD
Q1 26
$124.0B
Q4 25
$119.8B
$6.3B
Q3 25
$120.4B
$6.4B
Q2 25
$115.9B
$7.3B
Q1 25
$115.2B
$7.4B
Q4 24
$111.6B
$7.3B
Q3 24
$113.7B
$7.2B
Q2 24
$108.4B
$7.0B
Debt / Equity
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
0.24×
0.78×
Q3 25
0.29×
Q2 25
0.34×
Q1 25
0.37×
Q4 24
0.38×
0.66×
Q3 24
0.39×
Q2 24
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALL
ALL
MIDD
MIDD
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$165.5M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$530.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
$3.0B
Q3 25
$3.3B
$176.3M
Q2 25
$1.9B
$122.0M
Q1 25
$2.0B
$141.1M
Q4 24
$1.7B
$239.7M
Q3 24
$3.2B
$156.7M
Q2 24
$2.4B
$149.5M
Free Cash Flow
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
$2.9B
$165.5M
Q3 25
$3.2B
$156.1M
Q2 25
$1.9B
$101.1M
Q1 25
$1.9B
$107.4M
Q4 24
$1.7B
$226.6M
Q3 24
$3.1B
$145.2M
Q2 24
$2.3B
$138.6M
FCF Margin
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
16.7%
19.1%
Q3 25
18.8%
15.9%
Q2 25
11.3%
10.3%
Q1 25
11.4%
11.8%
Q4 24
10.0%
22.3%
Q3 24
18.9%
15.4%
Q2 24
14.7%
14.0%
Capex Intensity
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
0.5%
1.5%
Q3 25
0.3%
2.1%
Q2 25
0.0%
2.1%
Q1 25
0.6%
3.7%
Q4 24
0.3%
1.3%
Q3 24
0.4%
1.2%
Q2 24
0.4%
1.1%
Cash Conversion
ALL
ALL
MIDD
MIDD
Q1 26
Q4 25
0.78×
Q3 25
0.88×
Q2 25
0.89×
1.15×
Q1 25
3.30×
1.53×
Q4 24
0.88×
2.13×
Q3 24
2.69×
1.37×
Q2 24
7.13×
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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