The Middleby Corporation
The Middleby Corporation (NASDAQ: MIDD) is trading at $106.88, about ₹10,253 at today's USD/INR rate, as of 28 Sep 2026, 12:26 PM ET, down 0.73% today. Indian residents can buy The Middleby from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$105.56
Today's high
$107.88
52 week low
$89.16
52 week high
$148.55
MIDD opened at $106.73, closed previously at $107.66, and has traded between $89.16 and $148.55 over the past 52 weeks.
About
The Middleby Corporation is a global enterprise specializing in the design, production, marketing, distribution, and servicing of a comprehensive range of equipment for commercial foodservice, industrial food processing, and residential kitchens. Its operations extend across numerous international markets, including the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company's offerings are segmented into three primary divisions: Commercial Foodservice Equipment Group: This segment provides an extensive array of professional kitchen solutions. Products include diverse oven types such as conveyor, combi, convection, and speed cooking models; cooking appliances like ranges, fryers, rethermalizers, and steam and induction cooking units; food warming and catering equipment; heated cabinets, charbroilers, and ventless cooking systems. It also covers kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, custom stainless steel fabrication, refrigeration units (including blast chillers, cold rooms, and freezers), ice machines, and specialized beverage dispensing, home and professional craft brewing, and bottle filling and canning equipment, alongside innovative IoT solutions. Food Processing Equipment Group: This division caters to industrial-scale food production. It supplies machinery for batch, baking, proofing, and continuous processing ovens; advanced frying and automated thermal processing systems; equipment for tumbling, massaging, grinding, slicing, reduction, emulsion, mixing, forming, and blending. Further offerings include battering, breading, seeding, water cutting, food pressing, food suspension, filling, depositing, and comprehensive food safety, handling, freezing, defrosting, and packaging solutions. These systems are utilized by manufacturers producing diverse products such as hot dogs, dinner sausages, poultry, lunchmeat, muffins, cookies, and bread. Residential Kitchen Equipment Group: This segment focuses on high-end appliances for the home. Its portfolio includes cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and both indoor ventilation and outdoor kitchen equipment. Established in 1888 as the Middleby Marshall Oven Company, the firm adopted its current name, The Middleby Corporation, in 1985. Its corporate headquarters are located in Elgin, Illinois.
Key statistics
Avg. volume
690.97K
Market cap
$4.83B
P/E Ratio
-11.53
Price-to-sales ratio
1.36
Enterprise value
$6.65B
Free cash flow yield
10.26%
Debt-to-equity ratio
0.90
Return on equity
-18.30%
ROIC
-2.41%
Beta
1.33
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$3.20B
Earnings per share
-$5.38
Free cash flow
$558.35M
Net profit margin
-13.22%
Gross margin
38.04%
EBITDA
$675.10M
Revenue growth
-17.39%
Similar securities
This is not an investment recommendation
How to buy The Middleby from India
Indian residents can buy The Middleby shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for The Middleby and place an order
Find The Middleby by name or by its ticker, MIDD, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Middleby trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Middleby position in USD and INR. The Middleby pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in The Middleby from India
Trading and taxes when buying The Middleby from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneThe Middleby does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy The Middleby stock?
Yes. The Middleby (MIDD) has been listed on NASDAQ since 1987, in the Industrial - Machinery industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one The Middleby share cost in rupees?
One The Middleby share is $106.88 — about ₹10,253 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the The Middleby price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying The Middleby from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy The Middleby with less than the price of one share?
Yes. A whole The Middleby share is $106.88, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on The Middleby shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the The Middleby price. Paasa issues a capital-gains statement for your return.
Does The Middleby pay a dividend?
No. The Middleby does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade The Middleby from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on The Middleby shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare The Middleby shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your The Middleby holding, its cost and its closing value.
How do I sell The Middleby and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.