Miller Industries, Inc. (MLR)

NYSE: MLR · Real-Time Price · USD

54.04

+0.20 (0.37%)

At close: Sep 25, 2026, 4:00 PM EDT

54.05

+0.01 (0.02%)

After-hours: Sep 25, 2026, 7:30 PM EDT

Miller Industries Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	771.44	790.27	1,258	1,153	848.46	717.48
Revenue Growth	-20.95%	-37.16%	9.03%	35.94%	18.26%	10.16%
Gross Profit	113.48	120.39	170.81	151.85	82.42	69.85
Operating Income	22.04	31.41	84.48	78.77	29.59	23.62
Net Income	14.31	23.01	63.49	58.29	20.35	16.26
Earnings Per Share	1.24	1.98	5.47	5.07	1.78	1.42
EPS Growth	-65.93%	-63.80%	7.89%	184.83%	25.35%	-45.71%

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
North America	604.3	641.42	1,132	1,039	765.31	627.57
Foreign	167.15	148.85	125.67	114.39	83.15	89.9
Total	771.44	790.27	1,258	1,153	848.46	717.48

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	55.64	44.68	24.34	29.91	40.15	54.33
Total Debt	5.71	33.58	65.55	60.83	45.91	1.25
Net Cash (Debt)	49.92	11.11	-41.21	-30.92	-5.76	53.09
Net Cash Growth	-	-	-	-	-	-5.23%
Net Cash Per Share	4.31	0.96	-3.55	-2.69	-0.50	4.65

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	131.74	98.72	16.87	10.96	-19.16	15.27
Capital Expenditures	-19.02	-13.71	-15.35	-12.1	-28.94	-9.15
Free Cash Flow	112.73	85.01	1.52	-1.13	-48.09	6.12
Free Cash Flow Growth	229.90%	5500.33%	-	-	-	-85.84%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	14.71%	15.23%	13.58%	13.17%	9.71%	9.74%
Operating Margin	2.86%	3.97%	6.72%	6.83%	3.49%	3.29%
Pretax Margin	2.72%	3.99%	6.37%	6.40%	3.03%	3.03%
Profit Margin	1.85%	2.91%	5.05%	5.05%	2.40%	2.27%
FCF Margin	14.61%	10.76%	0.12%	-0.10%	-5.67%	0.85%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.840	0.800	0.760	0.720	0.720	0.720
Dividend Per Share Growth	5.06%	5.26%	5.56%	0%	0%	0%
Dividend Yield	1.55%	2.17%	1.20%	1.78%	2.88%	2.37%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	43.59	18.56	11.78	8.30	14.96	23.45
Forward PE	19.72	16.46	11.17	13.59	13.59	13.59
P/FCF Ratio	5.44	5.03	492.54	-	-	62.30
PS Ratio	0.80	0.54	0.60	0.42	0.36	0.53