• Middleby average pre-tax profit margin for 2024 was 13.41%, a 4.89% increase from 2023.
• Middleby average pre-tax profit margin for 2023 was 14.1%, a 9.79% decline from 2022.
• Middleby average pre-tax profit margin for 2022 was 15.63%, a 1.82% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.