Saturday 17 October 2026
Export MLR’s income statement to Excel — free account
Miller Industries, Inc.
MLR Consumer Cyclical Auto Parts
Miller Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $790.3 million, down 37.2% from fiscal 2024. In the quarter to June 2026, revenue grew 12.1%, EPS fell 13.5%, free cash flow grew 9.55% and total debt fell 94.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, operating cash flow growth for three.
51.47
0.20
+0.39%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
15.00 | 12.65 | 9.09 | 10.79 | 14.57 | 23.36 | 14.89 | 8.14 | 11.78 | 18.59 |
Piotroski F-Score |
6 | 5 | 5 | 7 | 6 | 3 | 4 | 5 | 5 | 7 |
P/S ratio |
0.50 | 0.47 | 0.43 | 0.52 | 0.67 | 0.53 | 0.36 | 0.41 | 0.60 | 0.54 |
Altman Z-Score |
4.65 | 4.53 | 4.44 | 5.33 | 5.20 | 4.25 | 3.71 | 4.10 | 5.12 | 4.29 |
Altman Z″-Score (non-manufacturers) |
5.54 | 5.72 | 5.89 | 6.59 | 7.21 | 6.07 | 5.73 | 5.84 | 6.94 | 7.83 |
P/FCF ratio |
0.00 | 0.00 | 35.36 | 23.43 | 9.97 | 61.38 | 0.00 | 0.00 | 474.55 | 4.94 |
Beneish M-Score |
(2.41) | (2.32) | (2.34) | (2.25) | (2.97) | (2.40) | (2.07) | (1.73) | (2.08) | (3.32) |
P/Operating CF |
13.53 | 54.73 | 47.12 | 59.55 | 26.15 | 46.30 | 24.31 | 70.36 | (63.86) | 8.76 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 90 |
P/B ratio |
1.62 | 1.43 | 1.35 | 1.64 | 1.54 | 1.34 | 1.03 | 1.37 | 1.87 | 1.02 |
Price to Tangible BV |
1.73 | 1.52 | 1.42 | 1.72 | 1.60 | 1.40 | 1.07 | 1.45 | 1.96 | 1.07 |
EV/Sales |
0.45 | 0.45 | 0.42 | 0.49 | 0.58 | 0.46 | 0.36 | 0.44 | 0.63 | 0.53 |
EV/EBITDA |
7.38 | 7.33 | 5.75 | 6.51 | 7.70 | 9.47 | 7.44 | 5.49 | 8.01 | 9.03 |
EV/Operating CF |
13.07 | 20.01 | 13.53 | 11.46 | 6.20 | 21.49 | (16.06) | 46.09 | 46.79 | 4.22 |
EV/FCF |
(66.74) | (29.58) | 34.07 | 22.28 | 8.66 | 52.83 | (6.40) | (686.58) | 500.52 | 4.81 |
Quick Ratio |
1.48 | 1.52 | 1.43 | 1.57 | 1.80 | 1.42 | 1.40 | 1.35 | 1.71 | 1.78 |
Current Ratio |
2.13 | 2.24 | 2.21 | 2.31 | 2.59 | 2.24 | 2.41 | 2.17 | 2.68 | 3.22 |
Net Debt/EBITDA |
(0.70) | (0.30) | (0.22) | (0.33) | (1.17) | (1.53) | 0.12 | 0.33 | 0.41 | (0.25) |
Debt/Assets |
1.68% | 3.34% | 4.30% | 1.38% | 0.10% | 0.28% | 9.04% | 9.27% | 9.74% | 5.65% |
Debt/Equity |
0.03 | 0.05 | 0.07 | 0.02 | 0.00 | 0.00 | 0.15 | 0.17 | 0.16 | 0.08 |
Asset Turnover |
2.12 | 2.00 | 2.08 | 2.15 | 1.65 | 1.72 | 1.81 | 2.01 | 1.91 | 1.26 |
Operating CF/Net income |
1.05 | 0.61 | 0.65 | 0.90 | 2.04 | 0.94 | (0.94) | 0.19 | 0.27 | 4.29 |
Capex/Depreciation |
(5.18) | (3.81) | (1.70) | (1.87) | (1.79) | (0.82) | (2.46) | (0.88) | (1.09) | (0.83) |
Interest Coverage |
27.77 | 20.11 | 23.32 | 22.19 | 32.36 | 17.43 | 8.76 | 13.19 | 21.51 | 47.59 |
| 11.12% | 11.87% | 15.67% | 16.11% | 11.04% | 5.73% | 7.04% | 18.18% | 16.96% | 5.60% | |
| 7.04% | 7.49% | 9.85% | 10.29% | 7.55% | 3.89% | 4.33% | 10.15% | 9.66% | 3.66% | |
ROIC |
12.71% | 10.40% | 12.65% | 13.90% | 10.90% | 6.38% | 6.19% | 13.02% | 11.95% | 4.80% |
Return on Tangible Assets |
11.10% | 11.32% | 14.50% | 15.40% | 10.88% | 5.86% | 6.13% | 14.91% | 14.18% | 5.39% |
Average Days of Receivables |
76.13 | 78.74 | 76.49 | 75.22 | 79.38 | 78.33 | 76.43 | 90.55 | 90.97 | 91.57 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
5.38% | 5.78% | 5.56% | 5.30% | 6.10% | 6.44% | 6.23% | 6.34% | 6.86% | 11.26% |
Intangible Assets out of Total Assets |
0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 |
Share Based Compensation of Revenue |
0.02% | 0.02% | 0.02% | 0.02% | 0.03% | 0.00% | 0.09% | 0.10% | 0.24% | 0.67% |
Graham Net Nets |
0.38 | 0.39 | 0.43 | 0.36 | 0.39 | 0.46 | 0.56 | 0.44 | 0.35 | 0.63 |
Graham Number |
25.38 | 28.50 | 36.54 | 41.85 | 38.14 | 28.33 | 32.08 | 59.08 | 66.13 | 40.76 |
Earnings Yield |
6.67% | 7.91% | 11.00% | 9.26% | 6.86% | 4.28% | 6.72% | 12.28% | 8.49% | 5.38% |
Free Cash Flow Yield |
(1.37%) | (3.25%) | 2.83% | 4.27% | 10.03% | 1.63% | (15.89%) | (0.15%) | 0.21% | 20.23% |
Revenue per Share |
52.98 | 54.11 | 62.50 | 71.77 | 57.11 | 62.88 | 74.32 | 100.83 | 109.83 | 69.04 |
Operating CF per Share |
1.84 | 1.23 | 1.92 | 3.08 | 5.32 | 1.34 | (1.68) | 0.96 | 1.47 | 8.62 |
Capex per Share |
(2.21) | (2.06) | (1.16) | (1.50) | (1.51) | (0.79) | (2.53) | (1.02) | (1.34) | (1.06) |
Free Cash Flow per Share |
(0.36) | (0.83) | 0.76 | 1.59 | 3.81 | 0.54 | (4.21) | (0.06) | 0.14 | 7.56 |
Cash per Share |
2.74 | 1.93 | 2.37 | 2.29 | 5.04 | 4.76 | 3.52 | 2.61 | 2.13 | 3.90 |
Shareholders Equity per Share |
16.27 | 17.87 | 19.98 | 22.63 | 24.77 | 24.94 | 25.70 | 30.42 | 35.02 | 36.74 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
16.27 | 17.87 | 19.98 | 22.63 | 24.77 | 24.94 | 25.70 | 30.42 | 35.02 | 36.74 |
Free Cash Flow |
(4.10) | (9.44) | 8.70 | 18.07 | 43.49 | 6.21 | (48.09) | (0.74) | 1.58 | 86.55 |
Working Capital |
119.80 | 125.73 | 149.83 | 163.17 | 175.59 | 181.98 | 219.90 | 275.76 | 331.89 | 303.01 |
Capital Expenditures |
(25.02) | (23.39) | (13.20) | (17.06) | (17.22) | (9.06) | (28.93) | (11.70) | (15.29) | (12.17) |
Net Current Asset Value |
112.80 | 113.30 | 132.60 | 153.41 | 170.31 | 175.94 | 168.08 | 211.18 | 263.78 | 270.49 |
EV/EBIT |
8.48 | 8.74 | 6.76 | 7.63 | 9.58 | 13.89 | 10.40 | 6.42 | 9.34 | 13.26 |
Capex to Sales |
0.04 | 0.04 | 0.02 | 0.02 | 0.03 | 0.01 | 0.03 | 0.01 | 0.01 | 0.02 |
Price to Operating Income |
9.29 | 9.10 | 7.02 | 8.02 | 11.03 | 16.14 | 10.22 | 6.03 | 8.86 | 13.62 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.08 | 0.08 | 0.09 | 0.10 | 0.10 | 0.12 | 0.10 | 0.12 | 0.12 | 0.12 |
Cash ROIC |
(1.86%) | (4.01%) | 3.22% | 6.24% | 12.78% | 1.83% | (12.69%) | (0.17%) | 0.32% | 17.36% |
Accounts Receivable Turnover |
5.13 | 4.77 | 5.05 | 5.15 | 4.20 | 4.85 | 5.12 | 4.97 | 4.19 | 3.09 |
Accounts Payable Turnover |
6.77 | 6.67 | 7.08 | 7.44 | 6.32 | 6.25 | 6.20 | 6.31 | 6.44 | 5.97 |
Inventory Turnover |
8.24 | 8.26 | 7.74 | 7.94 | 6.67 | 6.51 | 5.70 | 5.83 | 5.78 | 3.62 |
Average Days of Payables |
57.87 | 52.82 | 57.05 | 48.43 | 54.49 | 68.62 | 59.80 | 69.90 | 48.99 | 42.80 |
Days of Inventory on Hand |
43.61 | 45.67 | 54.47 | 44.49 | 53.48 | 64.76 | 73.21 | 69.18 | 62.53 | 100.38 |
Average Receivables |
117.28 | 129.04 | 140.92 | 158.88 | 155.13 | 147.81 | 165.82 | 231.90 | 299.78 | 255.84 |
Average Payables |
79.26 | 82.21 | 88.76 | 96.99 | 90.64 | 103.64 | 123.62 | 158.64 | 168.82 | 112.20 |
Average Inventory |
65.18 | 66.35 | 81.17 | 90.87 | 85.95 | 99.42 | 134.28 | 171.73 | 187.99 | 185.20 |
Average Assets |
282.90 | 307.34 | 342.71 | 380.08 | 395.19 | 418.03 | 469.54 | 574.32 | 657.11 | 628.34 |
Average Common Equity |
179.23 | 193.85 | 215.33 | 242.75 | 270.19 | 283.53 | 289.04 | 320.69 | 374.48 | 410.80 |
Columns are period end dates