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Side-by-side financial comparison of AMCON DISTRIBUTING CO (DIT) 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 $730.1M, roughly 1.2× AMCON DISTRIBUTING CO). MIDDLEBY Corp runs the higher net margin — 4.3% vs 0.1%, a 4.2% gap on every dollar of revenue. On growth, AMCON DISTRIBUTING CO posted the faster year-over-year revenue change (2.6% vs -30.6%). MIDDLEBY Corp produced more free cash flow last quarter ($165.5M vs $-12.4M). Over the past eight quarters, AMCON DISTRIBUTING CO's revenue compounded faster (10.1% CAGR vs -3.3%).

AMCON Distributing Co is a US-based consumer product distribution firm offering groceries, beverages, health and beauty products, tobacco, and general merchandise. It primarily serves independent convenience stores, grocery retailers, pharmacies, and small retail outlets across the continental United States.

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.

DIT vs MIDD — Head-to-Head

Bigger by revenue
MIDD
MIDD
1.2× larger
MIDD
$866.4M
$730.1M
DIT
Growing faster (revenue YoY)
DIT
DIT
+33.2% gap
DIT
2.6%
-30.6%
MIDD
Higher net margin
MIDD
MIDD
4.2% more per $
MIDD
4.3%
0.1%
DIT
More free cash flow
MIDD
MIDD
$177.9M more FCF
MIDD
$165.5M
$-12.4M
DIT
Faster 2-yr revenue CAGR
DIT
DIT
Annualised
DIT
10.1%
-3.3%
MIDD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DIT
DIT
MIDD
MIDD
Revenue
$730.1M
$866.4M
Net Profit
$793.0K
$36.9M
Gross Margin
6.6%
38.8%
Operating Margin
0.5%
17.3%
Net Margin
0.1%
4.3%
Revenue YoY
2.6%
-30.6%
Net Profit YoY
127.6%
-67.1%
EPS (diluted)
$1.28
$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
DIT
DIT
MIDD
MIDD
Q4 25
$730.1M
$866.4M
Q3 25
$746.3M
$982.1M
Q2 25
$739.6M
$977.9M
Q1 25
$619.5M
$906.6M
Q4 24
$711.3M
$1.0B
Q3 24
$746.3M
$942.8M
Q2 24
$717.9M
$991.5M
Q1 24
$601.9M
$926.9M
Net Profit
DIT
DIT
MIDD
MIDD
Q4 25
$793.0K
$36.9M
Q3 25
$491.7K
$-513.0M
Q2 25
$1.3M
$106.0M
Q1 25
$-1.6M
$92.4M
Q4 24
$348.4K
$112.3M
Q3 24
$1.2M
$114.2M
Q2 24
$1.5M
$115.4M
Q1 24
$539.5K
$86.6M
Gross Margin
DIT
DIT
MIDD
MIDD
Q4 25
6.6%
38.8%
Q3 25
6.5%
36.8%
Q2 25
6.7%
38.0%
Q1 25
6.9%
38.2%
Q4 24
6.6%
38.4%
Q3 24
6.5%
37.7%
Q2 24
6.7%
38.3%
Q1 24
7.0%
37.4%
Operating Margin
DIT
DIT
MIDD
MIDD
Q4 25
0.5%
17.3%
Q3 25
0.5%
-56.4%
Q2 25
0.7%
15.9%
Q1 25
0.1%
15.5%
Q4 24
0.5%
16.8%
Q3 24
0.7%
18.4%
Q2 24
0.8%
17.7%
Q1 24
0.6%
14.8%
Net Margin
DIT
DIT
MIDD
MIDD
Q4 25
0.1%
4.3%
Q3 25
0.1%
-52.2%
Q2 25
0.2%
10.8%
Q1 25
-0.3%
10.2%
Q4 24
0.0%
11.1%
Q3 24
0.2%
12.1%
Q2 24
0.2%
11.6%
Q1 24
0.1%
9.3%
EPS (diluted)
DIT
DIT
MIDD
MIDD
Q4 25
$1.28
$0.74
Q3 25
$0.80
$-10.15
Q2 25
$2.13
$1.99
Q1 25
$-2.58
$1.69
Q4 24
$0.57
$2.07
Q3 24
$2.02
$2.11
Q2 24
$2.46
$2.13
Q1 24
$0.89
$1.59

Balance Sheet & Financial Strength

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

Metric
DIT
DIT
MIDD
MIDD
Cash + ST InvestmentsLiquidity on hand
$222.2M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$114.1M
$2.8B
Total Assets
$378.7M
$6.3B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIT
DIT
MIDD
MIDD
Q4 25
$222.2M
Q3 25
$175.1M
Q2 25
$511.5M
Q1 25
$745.1M
Q4 24
$689.5M
Q3 24
$606.0M
Q2 24
$459.5M
Q1 24
$341.0M
Total Debt
DIT
DIT
MIDD
MIDD
Q4 25
$2.2B
Q3 25
$16.5M
Q2 25
Q1 25
Q4 24
$2.4B
Q3 24
$21.8M
Q2 24
$23.3M
Q1 24
$20.5M
Stockholders' Equity
DIT
DIT
MIDD
MIDD
Q4 25
$114.1M
$2.8B
Q3 25
$113.1M
$2.9B
Q2 25
$113.2M
$3.6B
Q1 25
$111.4M
$3.7B
Q4 24
$112.4M
$3.6B
Q3 24
$111.7M
$3.6B
Q2 24
$110.0M
$3.4B
Q1 24
$108.0M
$3.3B
Total Assets
DIT
DIT
MIDD
MIDD
Q4 25
$378.7M
$6.3B
Q3 25
$391.1M
$6.4B
Q2 25
$393.9M
$7.3B
Q1 25
$392.0M
$7.4B
Q4 24
$404.7M
$7.3B
Q3 24
$374.1M
$7.2B
Q2 24
$400.6M
$7.0B
Q1 24
$336.2M
$6.9B
Debt / Equity
DIT
DIT
MIDD
MIDD
Q4 25
0.78×
Q3 25
0.15×
Q2 25
Q1 25
Q4 24
0.66×
Q3 24
0.19×
Q2 24
0.21×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
DIT
DIT
MIDD
MIDD
Operating Cash FlowLast quarter
$-11.7M
Free Cash FlowOCF − Capex
$-12.4M
$165.5M
FCF MarginFCF / Revenue
-1.7%
19.1%
Capex IntensityCapex / Revenue
0.1%
1.5%
Cash ConversionOCF / Net Profit
-14.75×
TTM Free Cash FlowTrailing 4 quarters
$40.6M
$530.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIT
DIT
MIDD
MIDD
Q4 25
$-11.7M
Q3 25
$31.1M
$176.3M
Q2 25
$-7.0M
$122.0M
Q1 25
$34.4M
$141.1M
Q4 24
$-39.9M
$239.7M
Q3 24
$41.0M
$156.7M
Q2 24
$-26.9M
$149.5M
Q1 24
$48.8M
$140.9M
Free Cash Flow
DIT
DIT
MIDD
MIDD
Q4 25
$-12.4M
$165.5M
Q3 25
$30.4M
$156.1M
Q2 25
$-8.8M
$101.1M
Q1 25
$31.4M
$107.4M
Q4 24
$-43.3M
$226.6M
Q3 24
$37.4M
$145.2M
Q2 24
$-32.6M
$138.6M
Q1 24
$41.6M
$127.2M
FCF Margin
DIT
DIT
MIDD
MIDD
Q4 25
-1.7%
19.1%
Q3 25
4.1%
15.9%
Q2 25
-1.2%
10.3%
Q1 25
5.1%
11.8%
Q4 24
-6.1%
22.3%
Q3 24
5.0%
15.4%
Q2 24
-4.5%
14.0%
Q1 24
6.9%
13.7%
Capex Intensity
DIT
DIT
MIDD
MIDD
Q4 25
0.1%
1.5%
Q3 25
0.1%
2.1%
Q2 25
0.2%
2.1%
Q1 25
0.5%
3.7%
Q4 24
0.5%
1.3%
Q3 24
0.5%
1.2%
Q2 24
0.8%
1.1%
Q1 24
1.2%
1.5%
Cash Conversion
DIT
DIT
MIDD
MIDD
Q4 25
-14.75×
Q3 25
63.32×
Q2 25
-5.33×
1.15×
Q1 25
1.53×
Q4 24
-114.43×
2.13×
Q3 24
33.16×
1.37×
Q2 24
-18.05×
1.30×
Q1 24
90.37×
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DIT
DIT

Cigarettes$446.5M61%
Tobacco$143.7M20%
Tobacco Food Service And Other$82.3M11%
Confectionery$46.7M6%
Retail Segment$10.8M1%

MIDD
MIDD

Segment breakdown not available.

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