Miller Industries, Inc. MLR

54.04 0.20 0.37% as of 25 Sep
Market cap
$611.2M
P/E
42.9×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 5.42%

Capital & Financial Ratios

Market Cap 611.20
Revenue 771.44
Net Income 14.31
Free Cash Flow 114.27
Net Debt (52.47)
Current Ratio 2.46
Debt/Equity 0.01
P/E ratio 42.89
P/S ratio 0.80
P/B ratio 1.46
Past 5Y EPS Growth 9.79%
This Y EPS Growth (0.76%)
Next Y EPS Growth 46.56%
Next 5Y EPS Growth 19.63%
in millions of $

Dividends

Payout Ratio 0.21
Annual Dividend Rate 0.72
Annual Dividend Yield 1.69%
total individual payouts
2027 Powerpack
2026 0.84
0.21
0.21
0.21
2025 0.80
0.20
0.20
0.20
0.20
2024 0.76
0.19
0.19
0.19
0.19
2023 0.72
0.18
0.18
0.18
0.18
2022 0.72
0.18
0.18
0.18
0.18
2021 0.72
0.18
0.18
0.18
0.18
2020 0.72
0.18
0.18
0.18
0.18
2019 0.72
0.18
0.18
0.18
0.18
2018 0.90
0.18
0.18
0.18
0.18
0.18
2017 0.72
0.18
0.18
0.18
0.18
2016 0.68
0.17
0.17
0.17
0.17
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 30 24 45 56
Receivables 286 313 198 225
Inventory 190 186 184 157
Other — — — —
510 530 440 454
2023 2024 2025 Q'26
Payables 192 146 79 127
ST’ Debt — — 2 2
Other — — — —
235 198 137 185
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.86% 3.94% (2.34%)
Cash Flow 17.21% 10.21% 0.00%
Earnings 3.72% (5.06%) 4.19%
Book Value 9.24% 8.29% 12.75%

Revenue

Mar Jun Sep Dec Year
’26 181 240 — — —
’25 226 214 179 172 790
’24 350 371 314 222 1,258
’23 282 300 275 296 1,153
’22 216 202 206 226 848
’21 170 181 165 202 717
’20 176 129 168 178 651
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 31 32 — — —
’25 3 27 20 49 99
’24 9 (11) 30 (12) 17
’23 (7) 10 1 7 11
’22 (29) (6) 3 12 (19)
’21 3 2 2 8 15
’20 (2) 25 21 17 61
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 23 28 — — —
’25 (2) 26 19 44 87
’24 4 (14) 24 (13) 2
’23 (9) 5 (2) 5 (1)
’22 (33) (25) 1 9 (48)
’21 0 (1) (1) 7 6
’20 (5) 21 16 12 43
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.05 0.63 — — —
’25 0.69 0.73 0.27 0.29 1.98
’24 1.47 1.78 1.33 0.91 5.47
’23 0.81 1.29 1.52 1.45 5.07
’22 0.18 0.33 0.46 0.81 1.78
’21 0.28 0.57 0.34 0.24 1.42
’20 0.48 0.51 0.57 1.05 2.62
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
18.93 22.80 22.80 25.91 25.25 31.51 21.00 26.30 38.33 33.81

Analyst estimates 2026–2028

Powerpack
Low Price
28.85 29.00 29.40 38.18 38.47 47.57 34.95 43.50 78.25 70.06
High Price
1,103 1,120 1,240 1,310 1,280 1,450 1,450 1,821 1,711 1,535
Employees
1 1 1 1 1 0 1 1 1 1
Revenue/Emp
601 615 712 818 651 717 848 1,153 1,258 790
Revenue
10.69% 10.91% 11.71% 11.79% 12.03% 9.74% 9.71% 13.17% 13.58% 15.23%
Gross Margin
31 30 42 50 38 22 26 74 80 31
EBT
5.17% 4.93% 5.85% 6.16% 5.85% 3.03% 3.03% 6.40% 6.37% 3.99%
EBT Margin
20 23 34 39 30 16 20 58 63 23
Net Income
5 6 8 9 10 11 12 13 14 15
Depreciation
52.98 54.11 62.50 71.77 57.11 62.88 74.32 100.83 109.83 69.04
Revenue/Sh
1.76 2.02 2.96 3.43 2.62 1.42 1.78 5.10 5.55 2.01
Earnings/Sh
1.84 1.23 1.92 3.08 5.32 1.34 (1.68) 0.96 1.47 8.62
Cash Flow/Sh
(2.21) (2.06) (1.16) (1.50) (1.51) (0.79) (2.53) (1.02) (1.34) (1.06)
Capex/Sh
(0.36) (0.83) 0.76 1.59 3.81 0.54 (4.21) (0.06) 0.14 7.56
Free CF/Sh
16.27 17.87 19.98 22.63 24.77 24.94 25.70 30.42 35.02 36.74
Book Value/Sh
11 11 11 11 11 11 11 11 11 11
Shares
15.00 12.65 9.09 10.79 14.57 23.36 14.89 8.14 11.78 18.59
PE Ratio
0.50 0.47 0.43 0.52 0.67 0.53 0.36 0.41 0.60 0.54
PS Ratio
1.62 1.43 1.35 1.64 1.54 1.34 1.03 1.37 1.87 1.02
PB Ratio
0.45 0.45 0.42 0.49 0.58 0.46 0.36 0.44 0.63 0.53
EV/Sales
(66.74) (29.58) 34.07 22.28 8.66 52.83 (6.40) (686.58) 500.52 4.81
EV/FCF
21 14 22 35 61 15 (19) 11 17 99
Op' Cash Flow
(25) (23) (13) (17) (17) (9) (29) (12) (15) (12)
Capex
(4) (9) 9 18 43 6 (48) (1) 2 87
FCF
120 126 150 163 176 182 220 276 332 303
Working Cap'
5 11 16 5 0 1 45 60 65 33
Total Debt
(26) (11) (11) (21) (57) (53) 5 30 41 (11)
Net Debt
185 203 228 258 282 285 293 348 401 421
Sh' Equity
7.04% 7.49% 9.85% 10.29% 7.55% 3.89% 4.33% 10.15% 9.66% 3.66%
ROA
12.71% 10.40% 12.65% 13.90% 10.90% 6.38% 6.19% 13.02% 11.95% 4.80%
ROIC
11.12% 11.87% 15.67% 16.11% 11.04% 5.73% 7.04% 18.18% 16.96% 5.60%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Miller Industries, Inc. peers in Auto Parts

All 53 Auto Parts stocks →

Miller Industries, Inc. (MLR) key facts

  • Miller Industries, Inc. (MLR) is an Auto Parts company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • Miller Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $790.3 million, down 37.2% from fiscal 2024.
  • Net income was $23.0 million, or $2.01 per share (basic), a net margin of 2.91%.
  • As of September 25, 2026, MLR traded at $54.04, a market capitalization of $611.2 million.
  • At that price the stock trades at 42.9× trailing-twelve-month earnings and 0.8× sales.
  • Miller Industries, Inc. pays an annual dividend of $0.72 per share, a yield of 1.69%, with a payout ratio of 21.4%.
  • Return on equity was 5.60% and debt-to-equity 0.01.

Source: company filings (standardised) and stockrow calculations.

Miller Industries, Inc. (MLR) Latest News

News by impact score

Fine-tune

9 Sep

3

Miller Industries (MLR) reports revenue growth offset by declining profits. Mixed growth and profit results point to moderate effects on future performance without fundamental shifts.

28 Aug

4

Miller Industries reaffirms 2026 outlook and targets over $200 million in military production pipeline. Reaffirmed outlook plus large military pipeline signals major revenue growth opportunity.

25 Aug

3

Miller Industries secured build-to-suit financing with TPG advised by BGL's Real Estate Team. Build-to-suit financing enables facility expansion with moderate effects on operations and capacity.

12 Aug

3 transcript

Miller Industries (MLR) Q2 2026 earnings call transcript covers company financial results, operations, and outlook. Earnings call delivers financial metrics and guidance that may influence near-term stock sentiment and operations view.

8 Aug

3 transcript

Miller Industries Q2 earnings call highlights financial results, operational updates and outlook for the company. Q2 earnings updates deliver financial metrics that moderately influence near-term market views and operations.

6 Aug

3 transcript

Miller Industries, Inc. conducted its Q2 2026 earnings call covering quarterly financial results, revenue figures, profitability metrics, operational performance, and forward guidance. Quarterly earnings data and guidance provide moderate updates to financial trajectory and investor views without indicating major strategic shifts.

5 Aug

4

Miller Industries, Inc. (MLR) released its second quarter 2026 financial results. Quarterly earnings release delivers core financial metrics that shift valuation and investor outlook.

4 Aug

4

Miller Industries leads its niche with robust cash generation, positioning the company as an attractive takeover target. Takeover potential represents a major strategic development that could deliver acquisition premium and reshape company ownership.

11 May

4

Miller Industries Q1 earnings call highlights key financial results, operational updates, and forward guidance for the towing and recovery equipment manufacturer. Q1 earnings highlights detail financial performance and outlook, significantly influencing investor sentiment and stock trajectory.

6 May

4

Miller Industries, Inc. (MLR) reported first quarter 2026 results. Q1 earnings reports significantly affect financial performance and investor sentiment for MLR.

6 Mar

4

Miller Industries released Q4 earnings call highlights, covering financial results, operational updates, and future outlook. Q4 earnings call highlights reveal key financial metrics and guidance that significantly shape investor expectations and stock trajectory.

5 Mar

4

Miller Industries Inc (MLR) Q4 2025 earnings call highlights navigating operational challenges, with revenue declines offset by margin improvements and strategic initiatives for future growth. Q4 earnings highlights reveal challenges like revenue drops but emphasize margin gains and growth strategies, significantly shaping future performance and investor outlook.

4

Miller Industries, Inc. (MLR) released Q4 2025 earnings call summary highlighting financial performance, operational updates, and future outlook. Q4 earnings summary delivers key financial results and guidance directly shaping MLR's stock trajectory and investor confidence.

4 Mar

4

Miller Industries, Inc. (MLR) reported 2025 fourth quarter and full-year financial results. Q4 and full-year earnings reports typically drive significant shifts in stock price and investor outlook for MLR.

3

Miller Industries, Inc. (MLR) released its Q4 earnings snapshot, reporting financial results for the fourth quarter. Q4 earnings snapshots directly influence financial performance metrics and investor sentiment.

5 Feb

4

Miller Industries, Inc. (NYSE: MLR) is reportedly undervalued by 49%, according to analysts who suggest that the company's stock price does not reflect its true worth. Factors contributing to this undervaluation include strong financial performance and growth potential in the towing and recovery industry. Investors are encouraged to consider the company's fundamentals and market position, which may indicate a buying opportunity. Significant undervaluation suggests potential for major strategic moves and shifts in investor sentiment.

16 Jan

3

Miller Industries, Inc. (NYSE:MLR) has experienced strong stock momentum, prompting discussions about its financial prospects. Investors are encouraged to analyze the company's fundamentals and market position to assess potential future performance. Strong stock momentum may influence investor sentiment and financial performance but is not expected to fundamentally alter the company's trajectory.

7 Jan

3

Miller Industries, Inc. (MLR) is highlighted as one of five value stocks with attractive EV-to-EBITDA ratios, indicating potential for growth and investment appeal. The article emphasizes the company's financial metrics and market positioning, suggesting that MLR could be a strong addition to investment portfolios focused on value stocks. Miller Industries' appealing valuation metrics may influence investor sentiment and financial performance moderately.

26 Dec

3

Miller Industries, Inc. is currently reinvesting at lower rates of return, which raises concerns about the company's future profitability and growth potential. This strategy may impact investor sentiment and the overall market performance of the company as it navigates these financial challenges. Reinvesting at lower rates of return may moderately influence financial performance and investor sentiment.

22 Dec

4

Miller Industries, Inc. (MLR) is currently perceived as undervalued by investors, with analysts suggesting that the company's stock price does not reflect its strong fundamentals and growth potential. Factors contributing to this sentiment include recent financial performance, market positioning, and industry trends that favor recovery and expansion. Investors are encouraged to consider the long-term prospects of MLR, as the company may be poised for significant gains if market conditions improve. Miller Industries is positioned for potential growth due to favorable market trends and strong fundamentals.

6 Dec

3

Miller Industries, Inc. (NYSE: MLR) shareholders have experienced a decline in their investments over the past year, with the stock price falling significantly. The company's performance has raised concerns among investors, leading to a negative sentiment surrounding its future prospects. The decline in stock price indicates a moderately noticeable influence on investor sentiment and financial performance.

2 Dec

4

Miller Industries, Inc. has announced its acquisition of OMARS, a strategic move aimed at enhancing its operational capabilities and expanding its market presence. The acquisition is expected to bolster Miller Industries' product offerings and improve its competitive positioning in the industry. Financial details of the transaction have not been disclosed, but the company anticipates that this acquisition will contribute positively to its growth trajectory. The acquisition of OMARS is a significant strategic move that is likely to enhance Miller Industries' market position and operational capabilities.

28 Nov

3

Miller Industries, Inc. (MLR) is currently being evaluated for its stock valuation, with analysts suggesting it may be undervalued based on recent financial performance and market conditions. Factors such as revenue growth, profit margins, and industry comparisons are being considered to assess its true market value. Investors are encouraged to analyze these elements to determine potential investment opportunities. Current evaluations indicate a moderately noticeable influence on Miller Industries' financial performance and market sentiment.

15 Nov

3

Miller Industries, Inc. (MLR) is being evaluated for potential investment as analysts consider its recent performance and market conditions. The company has shown resilience in the towing and recovery industry, with a focus on innovation and strategic growth. Investors are weighing the timing of entry into MLR shares, given current market dynamics and the company's operational strengths. Miller Industries is positioned in a stable industry, but current market conditions may limit significant growth potential.

12 Nov

3

Miller Industries, Inc. (MLR) is being evaluated for its value as a stock, considering its current financial metrics and market position. Analysts are assessing whether MLR presents a strong investment opportunity based on its valuation ratios and growth potential. The company’s performance in the towing and recovery industry is also examined, alongside broader market trends that could influence its stock price. Investors are encouraged to consider both quantitative and qualitative factors before making investment decisions regarding MLR. Miller Industries' financial performance and market position may influence investor sentiment but are not expected to drastically change its trajectory.

6 Nov

3 transcript

Miller Industries, Inc. (MLR) reported its Q3 2025 earnings, highlighting challenges faced in the current market environment. The company discussed strategies to navigate these difficulties, including cost management and operational efficiencies. Despite obstacles, MLR remains focused on long-term growth and innovation, aiming to enhance its competitive position. The earnings call emphasized the importance of adapting to market changes while maintaining financial stability. Moderate challenges and strategic responses could influence financial performance and competitive positioning.

5 Nov

4

Miller Industries, Inc. (MLR) reported its Q3 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company's performance was driven by strong demand for its towing and recovery equipment. Management expressed optimism about future growth prospects, citing ongoing investments in product innovation and expansion into new markets. Despite challenges in the supply chain, Miller Industries remains committed to enhancing operational efficiency and customer satisfaction. The outlook for the remainder of the fiscal year appears positive, with expectations for continued revenue growth. Strong revenue growth and positive management outlook indicate significant potential for future performance.

4

Miller Industries, Inc. (MLR) reported its financial results for the third quarter of 2025, highlighting a significant increase in revenue and net income compared to the same period last year. The company attributed this growth to strong demand for its towing and recovery equipment, along with successful cost management strategies. Additionally, MLR announced plans for new product launches aimed at expanding its market presence. The management expressed optimism about future performance, citing favorable market conditions and ongoing investments in innovation. The significant revenue growth and new product launches indicate a major strategic move that could alter the company's trajectory.

14 Aug

3

Miller Industries, Inc. announced a workforce reduction as part of its strategic efforts to streamline operations and improve efficiency. The decision is expected to impact various departments within the company, aiming to align resources with current market demands. This move comes amid ongoing challenges in the industry, prompting the company to reassess its operational structure. Workforce reductions typically indicate financial strain and may affect operational efficiency and employee morale.

10 Aug

4

Miller Industries, Inc. reported earnings that exceeded analysts' expectations, prompting a revision of future forecasts by market analysts. The company's performance indicates strong operational efficiency and potential for growth, which has positively influenced investor sentiment. Exceeding earnings expectations is likely to significantly impact future performance and investor confidence.

stockrow.com/MLR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com