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Miller Industries Inc. (MLR)

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Miller Industries Inc. (MLR) reported revenue of $240 million for Q2 FY2026, the quarter ended 30 June 2026, up 12.1% on the same quarter a year earlier. Net income was $7 million, down 14.1% on the year, and diluted earnings per share $0.63. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$240 millionup 12.1%
Net income$7 milliondown 14.1%
Diluted EPS$0.63
QuarterQ2 FY2026ended 30 June 2026

Miller Industries (MLR) in brief

Miller Industries (MLR) reported revenue of $790 million for fiscal 2025, the year ended 31 December 2025, down 37.2% on the year before.
Read moreNet income was $23 million and diluted earnings per share $1.98. Revenue was $1.3 billion in fiscal 2024, $1.2 billion in fiscal 2023, $848 million in fiscal 2022 and $717 million in fiscal 2021. Net income in the same years was $63 million, $58 million, $20 million and $16 million. Over the twelve months to 30 June 2026, Miller Industries reported revenue of $771 million and net income of $14 million. Revenue grew 3.9% a year, compounded, over the five years to fiscal 2025. Miller Industries declared $0.82 a share in dividends over the last four quarters and had 11 million shares outstanding at the latest filed count. At 30 June 2026 it carried $3 million of debt and $56 million of cash. At the close of 29 October 2026 the market cap of Miller Industries was $591 million, 42.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE3.4%
ROCEn/a
Operating marginn/a
Net margin1.9%
FCF margin14.6%
Interest covern/a
Debt to equity0.01
Cash conversion9.20
Share count, last 12 months-0.9%
Sales CAGR, 3 years-2.3%
Profit CAGR, 3 years4.2%
EPS, TTM$1.24

At the close of 29 October 2026

Price$52.02
Market cap$591 million
Stock P/E41.96
Price to book1.41
EV / EBITDAn/a
Dividend yield1.6%
Market cap / sales0.77
52-week high$57.83
52-week low$35.77
Price, 1 year29.4%
Price CAGR, 3 years12.9%
Price CAGR, 5 years7.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Miller Industries Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
MLRgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MLR

Dividends$0.82 a share over the four quarters to 30 June 2026, a 1.58% yield
Filings15 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 shareholder vote; 1 material agreement; 1 regulation FD disclosure
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.01 by open interest at the 29 October 2026 close; the straddle prices a 16.6% move to 20 November 2026
13F holders147 funds reported a position for the quarter to 30 June 2026; largest FMR LLC
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest435,557 shares short, 7.38 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue165202216202206226282300275296350371314222226214179172181240
Cost of revenue147186200183182200252260232258306320272188192179153145155204
Gross profit17.815.615.318.423.225.530.439.942.938.644.251.142.033.533.934.625.326.525.735.9
Gross margin11%8%7%9%11%11%11%13%16%13%13%14%13%15%15%16%14%15%14%15%
SG&A12.011.212.412.714.713.117.919.519.316.421.522.822.319.723.323.421.221.123.925.2
Interest expense0.30.50.40.61.01.31.01.71.81.41.22.00.30.40.10.30.10.20.10.4
Pre-tax income5.43.92.54.86.811.611.819.022.021.021.526.219.812.610.811.44.35.01.610.1
Tax rate28%30%17%22%23%20%22%21%21%20%21%22%22%17%25%26%28%32%65%28%
Net income3.82.72.13.85.29.39.214.917.516.717.020.515.410.58.18.53.13.40.67.3
Net margin2%1%1%2%3%4%3%5%6%6%5%6%5%5%4%4%2%2%0%3%
Diluted EPS$0.34$0.23$0.18$0.33$0.46$0.81$0.81$1.29$1.52$1.45$1.47$1.78$1.33$0.91$0.69$0.73$0.27$0.29$0.05$0.63
Operating cash flow1.88.2-28.9-5.93.212.4-6.89.71.36.89.0-10.730.3-11.72.727.219.948.930.732.2
Capital expenditure2.41.34.118.72.33.81.74.93.12.44.73.16.31.35.11.71.85.17.94.2
Free cash flow-0.66.9-33.0-24.60.98.6-8.54.8-1.84.44.3-13.824.0-13.0-2.425.618.143.822.828.0
Buybacksn/an/an/an/an/an/an/an/an/an/an/an/a0.9n/a2.10.51.22.22.22.5
Dividends paid2.12.12.12.12.12.12.12.12.12.12.22.22.22.22.32.32.32.32.42.4
Shares outstanding11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 17 fiscal years and the trailing twelve months

FY2009FY2010FY2011FY2012FY2013 †FY2014FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Revenue2383074133434044935416016157128186517178481,1531,258790771
Cost of revenue2022613433033624404835375486287225736487661,0021,087670658
Gross profit35.346.370.140.142.453.057.664.367.183.396.578.469.982.4152171120113
Gross margin14.9%15.1%17.0%11.7%10.5%10.8%10.7%10.7%10.9%11.7%11.8%12.0%9.7%9.7%13.2%13.6%15.2%14.7%
Research and developmentn/a1.31.91.41.31.91.61.81.93.13.74.73.64.06.06.28.2n/a
Selling, general and administrative24.926.731.427.528.328.531.532.335.639.543.439.746.252.873.186.389.091.4
Operating income9.919.338.712.614.124.526.132.031.5n/an/an/an/an/an/an/an/an/a
Operating margin4.2%6.3%9.4%3.7%3.5%5.0%4.8%5.3%5.1%n/an/an/an/an/an/an/an/an/a
Interest expense0.90.30.70.70.40.60.91.21.61.92.41.21.43.46.03.90.70.8
Pre-tax income9.919.338.112.713.923.524.931.130.341.750.438.121.825.773.880.131.521.0
Income tax3.97.615.13.55.28.78.911.27.37.911.38.35.55.415.516.68.56.7
Effective tax rate39.5%39.3%39.7%27.9%37.3%36.9%35.7%35.9%24.1%19.0%22.4%21.7%25.3%20.9%21.0%20.8%26.9%31.9%
Net income6.011.723.09.19.214.916.019.923.033.739.129.816.320.358.363.523.014.3
Net margin2.5%3.8%5.6%2.7%2.3%3.0%3.0%3.3%3.7%4.7%4.8%4.6%2.3%2.4%5.1%5.0%2.9%1.9%
Diluted EPS$0.51$0.96$1.92$0.82$0.82$1.31$1.41$1.75$2.02$2.96$3.43$2.62$1.42$1.78$5.07$5.47$1.98$1.24
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
North America1,0391,13264181.2%
Foreign11412614918.8%
North AmericaForeign
1,153FY20231,258FY2024790FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2009FY2010FY2011FY2012FY2013 †FY2014FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Operating cash flow19.717.528.36.11.29.920.220.914.021.935.160.715.3-19.211.016.998.7132
Capital expenditure0.85.34.02.92.45.311.925.024.713.317.417.59.228.912.115.413.719.0
Free cash flow19.012.224.43.2-1.24.68.3-4.1-10.78.617.743.26.1-48.1-1.11.585.0113
Free cash flow margin8.0%4.0%5.9%0.9%-0.3%0.9%1.5%-0.7%-1.7%1.2%2.2%6.6%0.9%-5.7%-0.1%0.1%10.8%14.6%
Cash from investing-0.5-4.9-2.8n/an/an/an/a-25.0-23.4-13.2-17.1-17.2-9.1-28.9-29.1-15.3-30.8-36.1
Cash from financing-3.9-0.9-21.5n/an/an/an/a-2.7-2.4-3.0-18.6-13.6-8.236.86.8-6.6-50.7-73.0
Depreciation and amortisation3.53.53.73.83.84.04.34.86.17.79.19.611.011.813.214.114.715.5
Share-based compensationn/an/an/an/a0.00.00.00.00.10.10.10.20.20.71.13.25.33.6
Buybacksn/an/a20.0n/an/an/an/an/an/an/an/an/an/an/an/a2.96.08.0
Dividends paidn/a1.25.55.86.36.87.37.78.28.28.28.28.28.28.28.79.29.4
Dividend per share$0.00$0.10$0.48$0.52$0.56$0.60$0.64$0.68$0.72$0.72$0.72$0.72$0.72$0.72$0.72$0.76$0.80n/a
Diluted shares, weighted12m12m12m11m11m11m11m11m11m11m11m11m11m11m12m12m12m12m
Shares outstanding at period endn/a12m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m11m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2009FY2010FY2011FY2012FY2013 †FY2014FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Funded by
Shareholders' equity141151153157162168174185203228258279285293348401421420
Non-controlling interestn/an/an/an/a-0.5n/an/an/an/an/an/an/an/an/an/an/an/an/a
Debtn/a0.00.0n/an/an/an/an/an/a15.85.40.00.045.060.065.033.33.2
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a1.31.10.90.60.50.20.11.8
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/a0.10.00.0n/an/an/an/an/an/a
Other liabilitiesn/a49.359.244.965.593.994.5113114125127119152162239201136184
Total liabilities and equityn/a200212202227262268297317368392398438501647667590609
Owned
Fixed assetsn/a33.833.132.230.832.039.559.677.682.889.597.495.3112115116124128
Goodwilln/a11.611.611.611.611.611.611.611.611.611.611.611.611.620.020.020.120.3
Cash and equivalents36.246.350.248.642.939.638.431.121.927.026.157.554.340.229.924.344.755.6
Inventoryn/a38.948.245.054.256.566.264.168.693.888.083.9115154190186184157
Other assetsn/a69.268.764.987.2123113131138153177148161184292321217248
Total assetsn/a200212202227262268297317368392398438501647667590609
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded3.9%3.9%-2.3%-20.9%
Profit growth, compounded3.7%-5.1%4.2%-66.3%
Return on equity, average11.4%10.1%12.7%5.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Miller Industries' revenue in fiscal 2025?

Miller Industries (MLR) reported revenue of $790 million for fiscal 2025, the year ended 31 December 2025, down 37.2% on the year before.

How much did Miller Industries earn in fiscal 2025?

Net income was $23 million for fiscal 2025, and diluted earnings per share $1.98.

What is Miller Industries' P/E ratio?

At the close of 29 October 2026, Miller Industries traded at 42.0 times its earnings over the twelve months to 30 June 2026.

What is Miller Industries' market cap?

The market cap of Miller Industries was $591 million at the close of 29 October 2026.

Does Miller Industries pay a dividend?

Yes. Miller Industries declared $0.82 a share in dividends over the four quarters to 30 June 2026.

Peers: Automobiles and Trucks

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Blue Bird Corp. BLBD$1.8 billion6.8543.0%11.8%13.5%0.13n/a
Goodyear Tire & Rubber Co. GT$1.3 billionn/an/an/a-4.3%2.530.0%
Lucid Group, Inc. LCID$1.3 billionn/an/a-263.6%66.5%n/an/a
Dauch Corp. DCH$1.2 billionn/a-11.0%1.0%41.0%3.39n/a
Gentherm Inc. THRM$990 million107.401.3%3.4%8.8%0.44n/a
Winnebago Industries Inc. WGO$859 million24.962.8%2.4%-3.4%0.364.7%
Standard Motor Products, Inc. SMP$854 million17.067.1%8.4%11.3%0.823.3%
Aeva Technologies, Inc. AEVA$684 millionn/a-117.8%-610.9%56.2%3.52n/a
Hyliion Holdings Corp. HYLN$612 millionn/a-30.8%-635.2%163.2%0.00n/a
Miller Industries Inc. MLR$591 million41.963.4%n/a-20.9%0.011.6%
Wabash National Corp. WNC$541 millionn/a-51.2%-10.4%-7.3%2.032.4%
Hyster-Yale, Inc. HY$525 millionn/a-30.0%-2.3%-11.1%1.284.9%
All 46 in Automobiles and Trucks
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Tesla, Inc. TSLA$1.59 trillion443.233.6%3.3%8.3%0.11n/a
Toyota Motor Corp. TM *$232.8 billion10.449.6%7.4%5.5%1.083.5%
General Motors Co. GM$72.8 billion19.666.3%2.3%-0.3%2.050.7%
Ferrari N.V. RACE *$70.9 billion39.8540.9%29.5%7.0%0.740.8%
Paccar Inc. PCAR$53.9 billion19.4913.2%n/a-1.5%0.712.7%
Ford Motor Co. F$50.3 billionn/a-21.1%-3.8%-1.4%4.424.9%
Honda Motor Co. Ltd. HMC *$44.0 billionn/a-3.6%-1.9%0.5%1.144.3%
Rivian Automotive, Inc. RIVN$16.7 billionn/a-52.0%-52.9%11.1%0.78n/a
Stellantis N.V. STLA *$13.6 billionn/a-41.8%-17.1%-2.1%0.8616.2%
Li Auto Inc. LI *$11.3 billion68.741.5%-0.5%-22.3%0.13n/a
Borgwarner Inc. BWA$10.7 billion22.688.4%5.4%0.4%0.531.3%
Aptiv plc APTV$9.3 billion41.922.5%5.3%-5.4%0.61n/a
Allison Transmission Holdings Inc. ALSN$9.1 billion17.5026.7%19.6%37.6%2.071.0%
XPeng Inc. XPEV *$8.8 billionn/a-3.8%-3.6%87.7%0.42n/a
Autoliv Inc. ALV$8.4 billion14.0325.3%9.1%4.3%0.793.0%
Oshkosh Corp. OSK$8.3 billion17.0611.0%6.8%4.2%0.241.6%
NIO Inc. NIO *$8.2 billionn/a-374.3%-16.0%33.1%3.36n/a
Modine Manufacturing Co. MOD$7.4 billion52.2112.0%10.1%29.5%0.44n/a
Federal Signal Corp. FSS$7.0 billion23.9018.8%16.2%24.0%0.270.5%
Terex Corp. TEX$6.4 billion28.574.0%5.7%40.1%0.521.2%
Lear Corp. LEA$5.8 billion10.9310.7%3.7%3.5%0.532.6%
Gentex Corp. GNTX$4.3 billion10.7116.0%19.3%10.1%0.002.4%
Garrett Motion Inc. GTX$4.2 billion11.52n/an/a6.9%n/a1.4%
Dorman Products, Inc. DORM$4.0 billion19.9112.9%13.3%2.2%0.28n/a
Thor Industries Inc. THO$3.8 billion21.714.2%n/a0.3%0.222.8%
Atmus Filtration Technologies Inc. ATMU$3.8 billion17.7947.3%17.2%13.1%2.200.5%
Polaris Inc. PII$3.4 billionn/a-24.4%-1.8%9.5%1.934.5%
Versigent plc VGNT$3.0 billionn/an/an/an/a26.16n/a
Dana Inc. DAN$2.7 billion2.4758.1%n/a3.7%0.701.8%
Patrick Industries Inc. PATK$2.4 billion17.8213.0%6.7%3.2%1.25n/a
LCI Industries LCII$2.4 billion11.5114.8%7.5%4.1%0.604.6%
Phinia Inc. PHIN$2.2 billion12.3012.4%8.3%5.6%0.721.9%
Visteon Corp. VC$1.8 billion12.6211.3%n/a1.9%0.230.5%
Blue Bird Corp. BLBD$1.8 billion6.8543.0%11.8%13.5%0.13n/a
Adient plc ADNT$1.3 billion28.902.8%n/a5.0%1.38n/a
Goodyear Tire & Rubber Co. GT$1.3 billionn/an/an/a-4.3%2.530.0%
Lucid Group, Inc. LCID$1.3 billionn/an/a-263.6%66.5%n/an/a
Dauch Corp. DCH$1.2 billionn/a-11.0%1.0%41.0%3.39n/a
Gentherm Inc. THRM$990 million107.401.3%3.4%8.8%0.44n/a
Winnebago Industries Inc. WGO$859 million24.962.8%2.4%-3.4%0.364.7%
Standard Motor Products, Inc. SMP$854 million17.067.1%8.4%11.3%0.823.3%
Aeva Technologies, Inc. AEVA$684 millionn/a-117.8%-610.9%56.2%3.52n/a
Hyliion Holdings Corp. HYLN$612 millionn/a-30.8%-635.2%163.2%0.00n/a
Miller Industries Inc. MLR$591 million41.963.4%n/a-20.9%0.011.6%
Wabash National Corp. WNC$541 millionn/a-51.2%-10.4%-7.3%2.032.4%
Hyster-Yale, Inc. HY$525 millionn/a-30.0%-2.3%-11.1%1.284.9%
2 companies share its SEC industry code (Truck & Bus Bodies); the rest are the names nearest in size in its wider industry, Automobiles and Trucks, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 20254 March 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 20245 March 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR