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

MIDDLEBY Corp is the larger business by last-quarter revenue ($866.4M vs $537.1M, roughly 1.6× SelectQuote, Inc.). SelectQuote, Inc. runs the higher net margin — 12.9% vs 4.3%, a 8.6% gap on every dollar of revenue. On growth, SelectQuote, Inc. posted the faster year-over-year revenue change (11.6% vs -30.6%). MIDDLEBY Corp produced more free cash flow last quarter ($165.5M vs $-1.0M). Over the past eight quarters, SelectQuote, Inc.'s revenue compounded faster (19.5% 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.

SelectQuote is a direct-to-consumer distribution platform for selling insurance policies and healthcare services. Their insurance business earns commissions by connecting consumers with insurance carriers that provide senior health, life, automobile, and home insurance. The healthcare services business mainly consists of SelectRx, an accredited pharmacy. The company went public on May 21, 2020.

MIDD vs SLQT — Head-to-Head

Bigger by revenue
MIDD
MIDD
1.6× larger
MIDD
$866.4M
$537.1M
SLQT
Growing faster (revenue YoY)
SLQT
SLQT
+42.2% gap
SLQT
11.6%
-30.6%
MIDD
Higher net margin
SLQT
SLQT
8.6% more per $
SLQT
12.9%
4.3%
MIDD
More free cash flow
MIDD
MIDD
$166.6M more FCF
MIDD
$165.5M
$-1.0M
SLQT
Faster 2-yr revenue CAGR
SLQT
SLQT
Annualised
SLQT
19.5%
-3.3%
MIDD

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MIDD
MIDD
SLQT
SLQT
Revenue
$866.4M
$537.1M
Net Profit
$36.9M
$69.3M
Gross Margin
38.8%
61.8%
Operating Margin
17.3%
14.0%
Net Margin
4.3%
12.9%
Revenue YoY
-30.6%
11.6%
Net Profit YoY
-67.1%
30.2%
EPS (diluted)
$0.74
$0.26

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
SLQT
SLQT
Q4 25
$866.4M
$537.1M
Q3 25
$982.1M
$328.8M
Q2 25
$977.9M
$345.1M
Q1 25
$906.6M
$408.2M
Q4 24
$1.0B
$481.1M
Q3 24
$942.8M
$292.3M
Q2 24
$991.5M
$307.2M
Q1 24
$926.9M
$376.4M
Net Profit
MIDD
MIDD
SLQT
SLQT
Q4 25
$36.9M
$69.3M
Q3 25
$-513.0M
$-30.5M
Q2 25
$106.0M
$12.9M
Q1 25
$92.4M
$26.0M
Q4 24
$112.3M
$53.2M
Q3 24
$114.2M
$-44.5M
Q2 24
$115.4M
$-31.0M
Q1 24
$86.6M
$8.6M
Gross Margin
MIDD
MIDD
SLQT
SLQT
Q4 25
38.8%
61.8%
Q3 25
36.8%
41.4%
Q2 25
38.0%
47.2%
Q1 25
38.2%
60.2%
Q4 24
38.4%
67.5%
Q3 24
37.7%
55.7%
Q2 24
38.3%
60.7%
Q1 24
37.4%
71.8%
Operating Margin
MIDD
MIDD
SLQT
SLQT
Q4 25
17.3%
14.0%
Q3 25
-56.4%
-12.4%
Q2 25
15.9%
-3.6%
Q1 25
15.5%
5.4%
Q4 24
16.8%
14.7%
Q3 24
18.4%
-4.1%
Q2 24
17.7%
-0.5%
Q1 24
14.8%
8.8%
Net Margin
MIDD
MIDD
SLQT
SLQT
Q4 25
4.3%
12.9%
Q3 25
-52.2%
-9.3%
Q2 25
10.8%
3.7%
Q1 25
10.2%
6.4%
Q4 24
11.1%
11.1%
Q3 24
12.1%
-15.2%
Q2 24
11.6%
-10.1%
Q1 24
9.3%
2.3%
EPS (diluted)
MIDD
MIDD
SLQT
SLQT
Q4 25
$0.74
$0.26
Q3 25
$-10.15
$-0.26
Q2 25
$1.99
$-0.06
Q1 25
$1.69
$0.03
Q4 24
$2.07
$0.30
Q3 24
$2.11
$-0.26
Q2 24
$2.13
$-0.17
Q1 24
$1.59
$0.05

Balance Sheet & Financial Strength

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

Metric
MIDD
MIDD
SLQT
SLQT
Cash + ST InvestmentsLiquidity on hand
$222.2M
$18.3M
Total DebtLower is stronger
$2.2B
$405.8M
Stockholders' EquityBook value
$2.8B
$359.7M
Total Assets
$6.3B
$1.4B
Debt / EquityLower = less leverage
0.78×
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIDD
MIDD
SLQT
SLQT
Q4 25
$222.2M
$18.3M
Q3 25
$175.1M
$10.7M
Q2 25
$511.5M
$32.4M
Q1 25
$745.1M
$80.1M
Q4 24
$689.5M
$7.3M
Q3 24
$606.0M
$10.4M
Q2 24
$459.5M
$42.7M
Q1 24
$341.0M
$37.8M
Total Debt
MIDD
MIDD
SLQT
SLQT
Q4 25
$2.2B
$405.8M
Q3 25
$393.1M
Q2 25
$385.1M
Q1 25
$391.5M
Q4 24
$2.4B
$711.9M
Q3 24
$680.4M
Q2 24
$683.3M
Q1 24
$686.0M
Stockholders' Equity
MIDD
MIDD
SLQT
SLQT
Q4 25
$2.8B
$359.7M
Q3 25
$2.9B
$305.1M
Q2 25
$3.6B
$351.1M
Q1 25
$3.7B
$350.2M
Q4 24
$3.6B
$326.0M
Q3 24
$3.6B
$269.4M
Q2 24
$3.4B
$316.8M
Q1 24
$3.3B
$346.8M
Total Assets
MIDD
MIDD
SLQT
SLQT
Q4 25
$6.3B
$1.4B
Q3 25
$6.4B
$1.2B
Q2 25
$7.3B
$1.2B
Q1 25
$7.4B
$1.3B
Q4 24
$7.3B
$1.3B
Q3 24
$7.2B
$1.1B
Q2 24
$7.0B
$1.2B
Q1 24
$6.9B
$1.2B
Debt / Equity
MIDD
MIDD
SLQT
SLQT
Q4 25
0.78×
1.13×
Q3 25
1.29×
Q2 25
1.10×
Q1 25
1.12×
Q4 24
0.66×
2.18×
Q3 24
2.53×
Q2 24
2.16×
Q1 24
1.98×

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
SLQT
SLQT
Operating Cash FlowLast quarter
$52.0K
Free Cash FlowOCF − Capex
$165.5M
$-1.0M
FCF MarginFCF / Revenue
19.1%
-0.2%
Capex IntensityCapex / Revenue
1.5%
0.2%
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters
$530.1M
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIDD
MIDD
SLQT
SLQT
Q4 25
$52.0K
Q3 25
$176.3M
$-21.6M
Q2 25
$122.0M
$-37.5M
Q1 25
$141.1M
$71.1M
Q4 24
$239.7M
$-28.7M
Q3 24
$156.7M
$-16.6M
Q2 24
$149.5M
$20.0M
Q1 24
$140.9M
$44.5M
Free Cash Flow
MIDD
MIDD
SLQT
SLQT
Q4 25
$165.5M
$-1.0M
Q3 25
$156.1M
$-22.7M
Q2 25
$101.1M
$-38.0M
Q1 25
$107.4M
$70.2M
Q4 24
$226.6M
$-29.0M
Q3 24
$145.2M
$-17.1M
Q2 24
$138.6M
$19.7M
Q1 24
$127.2M
$43.4M
FCF Margin
MIDD
MIDD
SLQT
SLQT
Q4 25
19.1%
-0.2%
Q3 25
15.9%
-6.9%
Q2 25
10.3%
-11.0%
Q1 25
11.8%
17.2%
Q4 24
22.3%
-6.0%
Q3 24
15.4%
-5.8%
Q2 24
14.0%
6.4%
Q1 24
13.7%
11.5%
Capex Intensity
MIDD
MIDD
SLQT
SLQT
Q4 25
1.5%
0.2%
Q3 25
2.1%
0.3%
Q2 25
2.1%
0.1%
Q1 25
3.7%
0.2%
Q4 24
1.3%
0.1%
Q3 24
1.2%
0.2%
Q2 24
1.1%
0.1%
Q1 24
1.5%
0.3%
Cash Conversion
MIDD
MIDD
SLQT
SLQT
Q4 25
0.00×
Q3 25
Q2 25
1.15×
-2.91×
Q1 25
1.53×
2.73×
Q4 24
2.13×
-0.54×
Q3 24
1.37×
Q2 24
1.30×
Q1 24
1.63×
5.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MIDD
MIDD

Segment breakdown not available.

SLQT
SLQT

Healthcare Services Segment$230.7M43%
Pharmacy$227.2M42%
Other$30.4M6%
Final Expense$20.4M4%
Term$18.5M3%
Other Senior$6.3M1%
All Other Revenue$3.9M1%

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