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

SERVICE CORP INTERNATIONAL is the larger business by last-quarter revenue ($1.1B vs $866.4M, roughly 1.3× MIDDLEBY Corp). SERVICE CORP INTERNATIONAL runs the higher net margin — 14.3% vs 4.3%, a 10.1% gap on every dollar of revenue. On growth, SERVICE CORP INTERNATIONAL posted the faster year-over-year revenue change (1.7% vs -30.6%). MIDDLEBY Corp produced more free cash flow last quarter ($165.5M vs $87.2M). Over the past eight quarters, SERVICE CORP INTERNATIONAL's revenue compounded faster (3.1% CAGR vs -3.3%).

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.

International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.

MIDD vs SCI — Head-to-Head

Bigger by revenue
SCI
SCI
1.3× larger
SCI
$1.1B
$866.4M
MIDD
Growing faster (revenue YoY)
SCI
SCI
+32.2% gap
SCI
1.7%
-30.6%
MIDD
Higher net margin
SCI
SCI
10.1% more per $
SCI
14.3%
4.3%
MIDD
More free cash flow
MIDD
MIDD
$78.3M more FCF
MIDD
$165.5M
$87.2M
SCI
Faster 2-yr revenue CAGR
SCI
SCI
Annualised
SCI
3.1%
-3.3%
MIDD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MIDD
MIDD
SCI
SCI
Revenue
$866.4M
$1.1B
Net Profit
$36.9M
$159.4M
Gross Margin
38.8%
28.0%
Operating Margin
17.3%
24.8%
Net Margin
4.3%
14.3%
Revenue YoY
-30.6%
1.7%
Net Profit YoY
-67.1%
5.3%
EPS (diluted)
$0.74
$1.13

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
MIDD
MIDD
SCI
SCI
Q4 25
$866.4M
$1.1B
Q3 25
$982.1M
$1.1B
Q2 25
$977.9M
$1.1B
Q1 25
$906.6M
$1.1B
Q4 24
$1.0B
$1.1B
Q3 24
$942.8M
$1.0B
Q2 24
$991.5M
$1.0B
Q1 24
$926.9M
$1.0B
Net Profit
MIDD
MIDD
SCI
SCI
Q4 25
$36.9M
$159.4M
Q3 25
$-513.0M
$117.5M
Q2 25
$106.0M
$122.9M
Q1 25
$92.4M
$142.9M
Q4 24
$112.3M
$151.4M
Q3 24
$114.2M
$117.8M
Q2 24
$115.4M
$118.2M
Q1 24
$86.6M
$131.3M
Gross Margin
MIDD
MIDD
SCI
SCI
Q4 25
38.8%
28.0%
Q3 25
36.8%
25.1%
Q2 25
38.0%
25.5%
Q1 25
38.2%
27.1%
Q4 24
38.4%
28.0%
Q3 24
37.7%
24.9%
Q2 24
38.3%
24.9%
Q1 24
37.4%
26.2%
Operating Margin
MIDD
MIDD
SCI
SCI
Q4 25
17.3%
24.8%
Q3 25
-56.4%
21.4%
Q2 25
15.9%
21.1%
Q1 25
15.5%
23.4%
Q4 24
16.8%
24.0%
Q3 24
18.4%
20.9%
Q2 24
17.7%
21.4%
Q1 24
14.8%
22.2%
Net Margin
MIDD
MIDD
SCI
SCI
Q4 25
4.3%
14.3%
Q3 25
-52.2%
11.1%
Q2 25
10.8%
11.5%
Q1 25
10.2%
13.3%
Q4 24
11.1%
13.8%
Q3 24
12.1%
11.6%
Q2 24
11.6%
11.4%
Q1 24
9.3%
12.6%
EPS (diluted)
MIDD
MIDD
SCI
SCI
Q4 25
$0.74
$1.13
Q3 25
$-10.15
$0.83
Q2 25
$1.99
$0.86
Q1 25
$1.69
$0.98
Q4 24
$2.07
$1.02
Q3 24
$2.11
$0.81
Q2 24
$2.13
$0.81
Q1 24
$1.59
$0.89

Balance Sheet & Financial Strength

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

Metric
MIDD
MIDD
SCI
SCI
Cash + ST InvestmentsLiquidity on hand
$222.2M
$243.6M
Total DebtLower is stronger
$2.2B
$5.1B
Stockholders' EquityBook value
$2.8B
$1.6B
Total Assets
$6.3B
$18.7B
Debt / EquityLower = less leverage
0.78×
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIDD
MIDD
SCI
SCI
Q4 25
$222.2M
$243.6M
Q3 25
$175.1M
$241.3M
Q2 25
$511.5M
$255.4M
Q1 25
$745.1M
$227.2M
Q4 24
$689.5M
$218.8M
Q3 24
$606.0M
$185.4M
Q2 24
$459.5M
$184.4M
Q1 24
$341.0M
$205.6M
Total Debt
MIDD
MIDD
SCI
SCI
Q4 25
$2.2B
$5.1B
Q3 25
$5.0B
Q2 25
$5.0B
Q1 25
$4.7B
Q4 24
$2.4B
$4.8B
Q3 24
$4.7B
Q2 24
$4.7B
Q1 24
$4.6B
Stockholders' Equity
MIDD
MIDD
SCI
SCI
Q4 25
$2.8B
$1.6B
Q3 25
$2.9B
$1.6B
Q2 25
$3.6B
$1.6B
Q1 25
$3.7B
$1.7B
Q4 24
$3.6B
$1.7B
Q3 24
$3.6B
$1.6B
Q2 24
$3.4B
$1.5B
Q1 24
$3.3B
$1.6B
Total Assets
MIDD
MIDD
SCI
SCI
Q4 25
$6.3B
$18.7B
Q3 25
$6.4B
$18.4B
Q2 25
$7.3B
$18.0B
Q1 25
$7.4B
$17.3B
Q4 24
$7.3B
$17.4B
Q3 24
$7.2B
$17.4B
Q2 24
$7.0B
$16.8B
Q1 24
$6.9B
$16.7B
Debt / Equity
MIDD
MIDD
SCI
SCI
Q4 25
0.78×
3.10×
Q3 25
3.17×
Q2 25
3.19×
Q1 25
2.87×
Q4 24
0.66×
2.83×
Q3 24
2.92×
Q2 24
3.05×
Q1 24
2.90×

Cash Flow & Capital Efficiency

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

Metric
MIDD
MIDD
SCI
SCI
Operating Cash FlowLast quarter
$212.9M
Free Cash FlowOCF − Capex
$165.5M
$87.2M
FCF MarginFCF / Revenue
19.1%
7.8%
Capex IntensityCapex / Revenue
1.5%
11.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$530.1M
$554.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIDD
MIDD
SCI
SCI
Q4 25
$212.9M
Q3 25
$176.3M
$252.3M
Q2 25
$122.0M
$166.4M
Q1 25
$141.1M
$311.1M
Q4 24
$239.7M
$264.1M
Q3 24
$156.7M
$263.8M
Q2 24
$149.5M
$196.9M
Q1 24
$140.9M
$220.1M
Free Cash Flow
MIDD
MIDD
SCI
SCI
Q4 25
$165.5M
$87.2M
Q3 25
$156.1M
$150.7M
Q2 25
$101.1M
$83.4M
Q1 25
$107.4M
$233.0M
Q4 24
$226.6M
$151.8M
Q3 24
$145.2M
$162.8M
Q2 24
$138.6M
$100.8M
Q1 24
$127.2M
$140.3M
FCF Margin
MIDD
MIDD
SCI
SCI
Q4 25
19.1%
7.8%
Q3 25
15.9%
14.2%
Q2 25
10.3%
7.8%
Q1 25
11.8%
21.7%
Q4 24
22.3%
13.9%
Q3 24
15.4%
16.1%
Q2 24
14.0%
9.7%
Q1 24
13.7%
13.4%
Capex Intensity
MIDD
MIDD
SCI
SCI
Q4 25
1.5%
11.3%
Q3 25
2.1%
9.6%
Q2 25
2.1%
7.8%
Q1 25
3.7%
7.3%
Q4 24
1.3%
10.3%
Q3 24
1.2%
10.0%
Q2 24
1.1%
9.3%
Q1 24
1.5%
7.6%
Cash Conversion
MIDD
MIDD
SCI
SCI
Q4 25
1.34×
Q3 25
2.15×
Q2 25
1.15×
1.35×
Q1 25
1.53×
2.18×
Q4 24
2.13×
1.75×
Q3 24
1.37×
2.24×
Q2 24
1.30×
1.67×
Q1 24
1.63×
1.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MIDD
MIDD

Segment breakdown not available.

SCI
SCI

Cemetery$510.9M46%
Funeral Matured Preneed Revenue$196.5M18%
Cemetery Recognized Preneed Merchandise And Service Revenue$107.4M10%
Cemetery Atneed Revenue$104.9M9%
CA$56.4M5%
Funeral Other Revenue$54.6M5%
Cemetery Other Revenue$40.2M4%
Nonfuneral Home Revenue$28.1M3%
Non Funeral Home Preneed Sales Revenue$22.0M2%

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