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MIDDLEBY Corp（MIDD）与STANDEX INTERNATIONAL CORP（SXI）财务数据对比。点击上方公司名可切换其他公司
MIDDLEBY Corp的季度营收约是STANDEX INTERNATIONAL CORP的4.4倍（$982.1M vs $221.3M）。STANDEX INTERNATIONAL CORP净利率更高（1.0% vs -52.2%，领先53.2%）。STANDEX INTERNATIONAL CORP同比增速更快（16.6% vs 4.2%）。MIDDLEBY Corp自由现金流更多（$156.1M vs $12.9M）。过去两年STANDEX INTERNATIONAL CORP的营收复合增速更高（11.7% vs -1.3%）
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
Stanex International是一家多元化跨国制造企业，业务覆盖电子、雕刻、科学仪器、工程技术及特种解决方案五大板块，在美、欧、加、日、新、墨、土、印、中多地设有运营主体，全球共设12个业务单元及5个汇报板块，旗下拥有Bakers Pride等多个子品牌。
MIDD vs SXI — 直观对比
营收规模更大
MIDD
是对方的4.4倍
$221.3M
营收增速更快
SXI
高出12.4%
4.2%
净利率更高
SXI
高出53.2%
-52.2%
自由现金流更多
MIDD
多$143.2M
$12.9M
两年增速更快
SXI
近两年复合增速
-1.3%
损益表 — Q3 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $982.1M | $221.3M |
| 净利润 | $-513.0M | $2.1M |
| 毛利率 | 36.8% | 41.7% |
| 营业利润率 | -56.4% | 16.1% |
| 净利率 | -52.2% | 1.0% |
| 营收同比 | 4.2% | 16.6% |
| 净利润同比 | -549.3% | 147.4% |
| 每股收益（稀释后） | $-10.15 | $0.17 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MIDDSXI
| Q4 25 | — | $221.3M | ||
| Q3 25 | $982.1M | $217.4M | ||
| Q2 25 | $977.9M | $222.0M | ||
| Q1 25 | $906.6M | $207.8M | ||
| Q4 24 | $1.0B | $189.8M | ||
| Q3 24 | $942.8M | $170.5M | ||
| Q2 24 | $991.5M | $180.2M | ||
| Q1 24 | $926.9M | $177.3M |
净利润MIDDSXI
| Q4 25 | — | $2.1M | ||
| Q3 25 | $-513.0M | $15.1M | ||
| Q2 25 | $106.0M | $14.8M | ||
| Q1 25 | $92.4M | $21.9M | ||
| Q4 24 | $112.3M | $857.0K | ||
| Q3 24 | $114.2M | $18.2M | ||
| Q2 24 | $115.4M | $19.6M | ||
| Q1 24 | $86.6M | $15.8M |
毛利率MIDDSXI
| Q4 25 | — | 41.7% | ||
| Q3 25 | 36.8% | 41.6% | ||
| Q2 25 | 38.0% | 41.1% | ||
| Q1 25 | 38.2% | 39.7% | ||
| Q4 24 | 38.4% | 37.6% | ||
| Q3 24 | 37.7% | 41.1% | ||
| Q2 24 | 38.3% | 38.5% | ||
| Q1 24 | 37.4% | 38.5% |
营业利润率MIDDSXI
| Q4 25 | — | 16.1% | ||
| Q3 25 | -56.4% | 13.6% | ||
| Q2 25 | 15.9% | 15.6% | ||
| Q1 25 | 15.5% | 12.6% | ||
| Q4 24 | 16.8% | 4.5% | ||
| Q3 24 | 18.4% | 14.1% | ||
| Q2 24 | 17.7% | 15.1% | ||
| Q1 24 | 14.8% | 12.3% |
净利率MIDDSXI
| Q4 25 | — | 1.0% | ||
| Q3 25 | -52.2% | 6.9% | ||
| Q2 25 | 10.8% | 6.7% | ||
| Q1 25 | 10.2% | 10.5% | ||
| Q4 24 | 11.1% | 0.5% | ||
| Q3 24 | 12.1% | 10.7% | ||
| Q2 24 | 11.6% | 10.9% | ||
| Q1 24 | 9.3% | 8.9% |
每股收益（稀释后）MIDDSXI
| Q4 25 | — | $0.17 | ||
| Q3 25 | $-10.15 | $1.25 | ||
| Q2 25 | $1.99 | $1.23 | ||
| Q1 25 | $1.69 | $1.81 | ||
| Q4 24 | $2.07 | $0.07 | ||
| Q3 24 | $2.11 | $1.53 | ||
| Q2 24 | $2.13 | $1.64 | ||
| Q1 24 | $1.59 | $1.33 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $175.1M | $97.0M |
| 总债务越低越好 | — | $534.7M |
| 股东权益账面价值 | $2.9B | $700.2M |
| 总资产 | $6.4B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资MIDDSXI
| Q4 25 | — | $97.0M | ||
| Q3 25 | $175.1M | $98.7M | ||
| Q2 25 | $511.5M | $104.5M | ||
| Q1 25 | $745.1M | $109.8M | ||
| Q4 24 | $689.5M | $121.1M | ||
| Q3 24 | $606.0M | $164.6M | ||
| Q2 24 | $459.5M | $154.2M | ||
| Q1 24 | $341.0M | $138.8M |
总债务MIDDSXI
| Q4 25 | — | $534.7M | ||
| Q3 25 | — | $544.6M | ||
| Q2 25 | — | $552.5M | ||
| Q1 25 | — | $579.4M | ||
| Q4 24 | $2.4B | $534.3M | ||
| Q3 24 | — | $149.0M | ||
| Q2 24 | — | $148.9M | ||
| Q1 24 | — | $148.8M |
股东权益MIDDSXI
| Q4 25 | — | $700.2M | ||
| Q3 25 | $2.9B | $707.7M | ||
| Q2 25 | $3.6B | $711.7M | ||
| Q1 25 | $3.7B | $686.9M | ||
| Q4 24 | $3.6B | $656.0M | ||
| Q3 24 | $3.6B | $658.0M | ||
| Q2 24 | $3.4B | $621.5M | ||
| Q1 24 | $3.3B | $619.0M |
总资产MIDDSXI
| Q4 25 | — | $1.6B | ||
| Q3 25 | $6.4B | $1.6B | ||
| Q2 25 | $7.3B | $1.6B | ||
| Q1 25 | $7.4B | $1.6B | ||
| Q4 24 | $7.3B | $1.5B | ||
| Q3 24 | $7.2B | $1.0B | ||
| Q2 24 | $7.0B | $1.0B | ||
| Q1 24 | $6.9B | $993.5M |
负债/权益比MIDDSXI
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 0.78× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | 0.66× | 0.81× | ||
| Q3 24 | — | 0.23× | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | 0.24× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $176.3M | $20.6M |
| 自由现金流经营现金流 - 资本支出 | $156.1M | $12.9M |
| 自由现金流率自由现金流/营收 | 15.9% | 5.8% |
| 资本支出强度资本支出/营收 | 2.1% | 3.5% |
| 现金转化率经营现金流/净利润 | — | 9.70× |
| 过去12个月自由现金流最近4个季度 | $591.2M | $51.6M |
8季度趋势，按日历期对齐
经营现金流MIDDSXI
| Q4 25 | — | $20.6M | ||
| Q3 25 | $176.3M | $16.8M | ||
| Q2 25 | $122.0M | $33.4M | ||
| Q1 25 | $141.1M | $9.5M | ||
| Q4 24 | $239.7M | $9.1M | ||
| Q3 24 | $156.7M | $17.6M | ||
| Q2 24 | $149.5M | $28.5M | ||
| Q1 24 | $140.9M | $24.4M |
自由现金流MIDDSXI
| Q4 25 | — | $12.9M | ||
| Q3 25 | $156.1M | $10.4M | ||
| Q2 25 | $101.1M | $24.8M | ||
| Q1 25 | $107.4M | $3.5M | ||
| Q4 24 | $226.6M | $2.1M | ||
| Q3 24 | $145.2M | $10.8M | ||
| Q2 24 | $138.6M | $22.0M | ||
| Q1 24 | $127.2M | $19.2M |
自由现金流率MIDDSXI
| Q4 25 | — | 5.8% | ||
| Q3 25 | 15.9% | 4.8% | ||
| Q2 25 | 10.3% | 11.2% | ||
| Q1 25 | 11.8% | 1.7% | ||
| Q4 24 | 22.3% | 1.1% | ||
| Q3 24 | 15.4% | 6.4% | ||
| Q2 24 | 14.0% | 12.2% | ||
| Q1 24 | 13.7% | 10.8% |
资本支出强度MIDDSXI
| Q4 25 | — | 3.5% | ||
| Q3 25 | 2.1% | 3.0% | ||
| Q2 25 | 2.1% | 3.9% | ||
| Q1 25 | 3.7% | 2.9% | ||
| Q4 24 | 1.3% | 3.7% | ||
| Q3 24 | 1.2% | 3.9% | ||
| Q2 24 | 1.1% | 3.6% | ||
| Q1 24 | 1.5% | 2.9% |
现金转化率MIDDSXI
| Q4 25 | — | 9.70× | ||
| Q3 25 | — | 1.12× | ||
| Q2 25 | 1.15× | 2.25× | ||
| Q1 25 | 1.53× | 0.44× | ||
| Q4 24 | 2.13× | 10.57× | ||
| Q3 24 | 1.37× | 0.97× | ||
| Q2 24 | 1.30× | 1.46× | ||
| Q1 24 | 1.63× | 1.54× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MIDD
| Commercial Foodservice Equipment Group | $433.7M | 44% |
| Other | $316.8M | 32% |
| Food Processing Group | $120.8M | 12% |
| Residential Kitchen | $110.8M | 11% |
SXI
| Electronics Products Group | $115.7M | 52% |
| Engraving Services | $33.0M | 15% |
| Engineering Technologies Components | $30.6M | 14% |
| Transferred Over Time | $21.2M | 10% |
| Hydraulics Cylinders And System | $11.4M | 5% |
| Merchandising Display | $8.4M | 4% |
| Engraving Products | $2.7M | 1% |
