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Side-by-side financial comparison of Alpha Metallurgical Resources, Inc. (AMR) and MIDDLEBY Corp (MIDD). Click either name above to swap in a different company.

MIDDLEBY Corp is the larger business by last-quarter revenue ($866.4M vs $519.1M, roughly 1.7× Alpha Metallurgical Resources, Inc.). MIDDLEBY Corp runs the higher net margin — 4.3% vs -3.3%, a 7.6% gap on every dollar of revenue. On growth, Alpha Metallurgical Resources, Inc. posted the faster year-over-year revenue change (-15.7% vs -30.6%). MIDDLEBY Corp produced more free cash flow last quarter ($165.5M vs $-10.0M). Over the past eight quarters, MIDDLEBY Corp's revenue compounded faster (-3.3% CAGR vs -22.4%).

Alpha Metallurgical Resources, formerly Contura Energy, is a leading coal supplier with underground and surface coal mining complexes across Northern and Central Appalachia. Contura owns large coal basins in Pennsylvania, Virginia and West Virginia which supply both metallurgical coal to produce steel and thermal coal to generate power.

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.

AMR vs MIDD — Head-to-Head

Bigger by revenue
MIDD
MIDD
1.7× larger
MIDD
$866.4M
$519.1M
AMR
Growing faster (revenue YoY)
AMR
AMR
+14.9% gap
AMR
-15.7%
-30.6%
MIDD
Higher net margin
MIDD
MIDD
7.6% more per $
MIDD
4.3%
-3.3%
AMR
More free cash flow
MIDD
MIDD
$175.5M more FCF
MIDD
$165.5M
$-10.0M
AMR
Faster 2-yr revenue CAGR
MIDD
MIDD
Annualised
MIDD
-3.3%
-22.4%
AMR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMR
AMR
MIDD
MIDD
Revenue
$519.1M
$866.4M
Net Profit
$-17.3M
$36.9M
Gross Margin
38.8%
Operating Margin
-4.1%
17.3%
Net Margin
-3.3%
4.3%
Revenue YoY
-15.7%
-30.6%
Net Profit YoY
-711.2%
-67.1%
EPS (diluted)
$-1.35
$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
AMR
AMR
MIDD
MIDD
Q4 25
$519.1M
$866.4M
Q3 25
$525.2M
$982.1M
Q2 25
$548.7M
$977.9M
Q1 25
$529.7M
$906.6M
Q4 24
$615.4M
$1.0B
Q3 24
$669.8M
$942.8M
Q2 24
$800.1M
$991.5M
Q1 24
$861.3M
$926.9M
Net Profit
AMR
AMR
MIDD
MIDD
Q4 25
$-17.3M
$36.9M
Q3 25
$-5.5M
$-513.0M
Q2 25
$-5.0M
$106.0M
Q1 25
$-33.9M
$92.4M
Q4 24
$-2.1M
$112.3M
Q3 24
$3.8M
$114.2M
Q2 24
$58.9M
$115.4M
Q1 24
$127.0M
$86.6M
Gross Margin
AMR
AMR
MIDD
MIDD
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%
Q1 24
37.4%
Operating Margin
AMR
AMR
MIDD
MIDD
Q4 25
-4.1%
17.3%
Q3 25
-0.5%
-56.4%
Q2 25
0.5%
15.9%
Q1 25
-7.6%
15.5%
Q4 24
1.6%
16.8%
Q3 24
0.8%
18.4%
Q2 24
8.8%
17.7%
Q1 24
16.5%
14.8%
Net Margin
AMR
AMR
MIDD
MIDD
Q4 25
-3.3%
4.3%
Q3 25
-1.1%
-52.2%
Q2 25
-0.9%
10.8%
Q1 25
-6.4%
10.2%
Q4 24
-0.3%
11.1%
Q3 24
0.6%
12.1%
Q2 24
7.4%
11.6%
Q1 24
14.7%
9.3%
EPS (diluted)
AMR
AMR
MIDD
MIDD
Q4 25
$-1.35
$0.74
Q3 25
$-0.42
$-10.15
Q2 25
$-0.38
$1.99
Q1 25
$-2.60
$1.69
Q4 24
$-0.09
$2.07
Q3 24
$0.29
$2.11
Q2 24
$4.49
$2.13
Q1 24
$9.59
$1.59

Balance Sheet & Financial Strength

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

Metric
AMR
AMR
MIDD
MIDD
Cash + ST InvestmentsLiquidity on hand
$415.6M
$222.2M
Total DebtLower is stronger
$9.8M
$2.2B
Stockholders' EquityBook value
$1.5B
$2.8B
Total Assets
$2.3B
$6.3B
Debt / EquityLower = less leverage
0.01×
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMR
AMR
MIDD
MIDD
Q4 25
$415.6M
$222.2M
Q3 25
$457.9M
$175.1M
Q2 25
$449.0M
$511.5M
Q1 25
$448.0M
$745.1M
Q4 24
$481.6M
$689.5M
Q3 24
$484.6M
$606.0M
Q2 24
$336.1M
$459.5M
Q1 24
$269.4M
$341.0M
Total Debt
AMR
AMR
MIDD
MIDD
Q4 25
$9.8M
$2.2B
Q3 25
$2.9M
Q2 25
$3.1M
Q1 25
$2.4M
Q4 24
$2.9M
$2.4B
Q3 24
$3.6M
Q2 24
$5.3M
Q1 24
$6.0M
Stockholders' Equity
AMR
AMR
MIDD
MIDD
Q4 25
$1.5B
$2.8B
Q3 25
$1.6B
$2.9B
Q2 25
$1.6B
$3.6B
Q1 25
$1.6B
$3.7B
Q4 24
$1.6B
$3.6B
Q3 24
$1.7B
$3.6B
Q2 24
$1.6B
$3.4B
Q1 24
$1.6B
$3.3B
Total Assets
AMR
AMR
MIDD
MIDD
Q4 25
$2.3B
$6.3B
Q3 25
$2.3B
$6.4B
Q2 25
$2.4B
$7.3B
Q1 25
$2.4B
$7.4B
Q4 24
$2.4B
$7.3B
Q3 24
$2.5B
$7.2B
Q2 24
$2.5B
$7.0B
Q1 24
$2.5B
$6.9B
Debt / Equity
AMR
AMR
MIDD
MIDD
Q4 25
0.01×
0.78×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
0.66×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
AMR
AMR
MIDD
MIDD
Operating Cash FlowLast quarter
$19.0M
Free Cash FlowOCF − Capex
$-10.0M
$165.5M
FCF MarginFCF / Revenue
-1.9%
19.1%
Capex IntensityCapex / Revenue
5.6%
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.8M
$530.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMR
AMR
MIDD
MIDD
Q4 25
$19.0M
Q3 25
$50.5M
$176.3M
Q2 25
$53.2M
$122.0M
Q1 25
$22.2M
$141.1M
Q4 24
$56.3M
$239.7M
Q3 24
$189.5M
$156.7M
Q2 24
$138.1M
$149.5M
Q1 24
$196.1M
$140.9M
Free Cash Flow
AMR
AMR
MIDD
MIDD
Q4 25
$-10.0M
$165.5M
Q3 25
$25.4M
$156.1M
Q2 25
$18.6M
$101.1M
Q1 25
$-16.3M
$107.4M
Q4 24
$13.6M
$226.6M
Q3 24
$158.0M
$145.2M
Q2 24
$77.0M
$138.6M
Q1 24
$132.5M
$127.2M
FCF Margin
AMR
AMR
MIDD
MIDD
Q4 25
-1.9%
19.1%
Q3 25
4.8%
15.9%
Q2 25
3.4%
10.3%
Q1 25
-3.1%
11.8%
Q4 24
2.2%
22.3%
Q3 24
23.6%
15.4%
Q2 24
9.6%
14.0%
Q1 24
15.4%
13.7%
Capex Intensity
AMR
AMR
MIDD
MIDD
Q4 25
5.6%
1.5%
Q3 25
4.8%
2.1%
Q2 25
6.3%
2.1%
Q1 25
7.3%
3.7%
Q4 24
6.9%
1.3%
Q3 24
4.7%
1.2%
Q2 24
7.6%
1.1%
Q1 24
7.4%
1.5%
Cash Conversion
AMR
AMR
MIDD
MIDD
Q4 25
Q3 25
Q2 25
1.15×
Q1 25
1.53×
Q4 24
2.13×
Q3 24
49.81×
1.37×
Q2 24
2.34×
1.30×
Q1 24
1.54×
1.63×

Financial Flow Comparison

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

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