Welbilt, Inc. (WBT)
Welbilt, Inc. operates in the Industrial - Machinery industry of the Industrials sector, headquartered in New Port Richey, FL, US. The stock last traded at $24.01, up 0.08% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of 49.00, a net margin of 4.5%. Its beta of 1.92 implies it has historically moved more than the broad market.
Welbilt, Inc. is a global leader in developing, manufacturing, and supplying commercial foodservice equipment for professional kitchens across the world. The company offers a broad array of refrigeration solutions, including upright and undercounter refrigerators and freezers, blast chillers, and cook-chill systems under the Delfield brand, as well as Kolpak-branded walk-in refrigerators, coolers, freezers, and prefabricated panels. Their extensive cooking equipment lineup features various ovens—traditional, combination, convection, conveyor, and rapid-cooking—marketed under brands like Convotherm, Garland, Lincoln, and Merrychef. Welbilt also provides advanced fryers and frying systems through its Frymaster brand and steam equipment from Cleveland. For cafeteria and buffet setups, they supply equipment such as serving stations, warming cabinets, display and deli cases, and food bars under the Delfield and Merco names. In the beverage segment, Welbilt manufactures a range of products including dispensers, blended ice machines, ice/beverage dispensers, beer coolers, and coffee equipment through its Crem brand. Other beverage-related offerings are available under the Multiplex and Manitowoc brands, which also encompass ice machines. Beyond physical products, the company delivers comprehensive after-sales support through its KitchenCare brand, offering parts, installation, startup, and preventative maintenance services. They also provide integrated kitchen systems under the FitKitchen brand and KitchenConnect, a cloud-based application for kitchen management. Welbilt's products are distributed globally via dealers and distributors to a diverse clientele, including full-service and quick-service restaurant chains, hotels, resorts, cruise lines, caterers, supermarkets, convenience stores, hospitals, and educational institutions. The company, originally established in 1864, was known as Manitowoc Foodservice, Inc. before rebranding to Welbilt, Inc. in February 2017. Its headquarters are situated in New Port Richey, Florida.
Welbilt, Inc. is most often compared with the following Industrials names: