Miller Industries, Inc.

Miller Industries, Inc.

MLRยทNYSE

$47.94

-1.7%
Consumer CyclicalAuto - Parts

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. The company was incorporated in 1990 and is based in Ooltewah, Tennessee.

At a Glance

Live Snapshot
Market Cap$546.31M
EPS2.0100
P/E Ratio23.85
Earnings Date08/05/2026
3Y-7.0%
5Y+21.0%
10Y+31.0%
3Y+13.0%
5Y-23.0%
10Y+16.0%
3Y-615.0%
5Y+63.0%
10Y+372.0%
Miller Industries, Inc.

Miller Industries, Inc. Profit Bridge

MLR ยท NYSE
Revenue790.27M
Cost of Goods Sold (669.88M)
Gross Profit120.39M
Operating Expenses (88.98M)
Operating Income31.41M
Interest Expense (660.00K)
Other Income/Expense85.00K
Pretax Income31.49M
Income Tax (8.48M)
Net Income23.01M
Net Income
23.01M

Profitability Analysis

Gross Margin

15.2%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

4.0%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

2.9%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

26.9%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Miller Industries, Inc. Income Statement

MLR โ€ข NYSE

Miller Industries, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
790.3M
1.3B
1.2B
848.5M
717.5M
651.3M
818.2M
711.7M
615.1M
601.1M
541M
492.8M
404.2M
342.7M
412.7M
306.9M
237.6M
271M
400M
409.4M
GROSS PROFIT
(669.9M)
(1.1B)
(1B)
(766M)
(647.6M)
(568.2M)
(721.7M)
(628.4M)
(548M)
(536.8M)
(483.4M)
(439.8M)
(361.7M)
(302.6M)
(342.6M)
(260.6M)
(202.3M)
(237.4M)
(343.9M)
(349.6M)
120.4M
170.8M
151.9M
82.4M
69.9M
83.1M
96.5M
83.3M
67.1M
64.3M
57.6M
53M
42.4M
40.1M
70.1M
46.3M
35.3M
33.6M
56.1M
59.8M
OPERATING INCOME
(89M)
(86.3M)
(73.1M)
(52.8M)
(46.2M)
(39.7M)
(43.4M)
(39.5M)
(35.6M)
(32.3M)
(31.5M)
(28.5M)
(28.2M)
(26.7M)
(31.2M)
(26.7M)
(24.5M)
(25.9M)
(27.1M)
(26.8M)
(89M)
(80.1M)
(67.1M)
(48.8M)
(42.6M)
(35M)
(43.4M)
(39.5M)
(35.6M)
(32.3M)
(31.5M)
(28.5M)
(28.3M)
(27.5M)
(31.4M)
(26.7M)
(24.9M)
(25.9M)
(27.1M)
(26.8M)
(8.2M)
(6.2M)
(6M)
(4M)
(3.6M)
(4.7M)
(3.7M)
(3.1M)
(1.9M)
(1.8M)
(1.6M)
(1.9M)
(1.3M)
(1.4M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
31.4M
84.5M
78.8M
29.6M
23.6M
43.4M
43.6M
43.5M
31.5M
31.1M
24.9M
23.5M
13.9M
12.7M
38.9M
19.7M
10.8M
7.7M
29M
32.9M
PRE-TAX INCOME
(660K)
(3.9M)
(6M)
(3.4M)
(1.4M)
(1.2M)
(2.4M)
(1.9M)
(1.6M)
(1.2M)
(919K)
(554K)
(369K)
(712K)
(728K)
(305K)
(883K)
(1.2M)
(3.4M)
(3.5M)
-160K
-3.9M
-6M
-3.4M
-1.4M
-1.2M
-2.4M
-1.9M
-1.6M
-1.2M
-919K
-554K
-369K
-712K
-728K
-305K
-883K
-1.2M
-3.4M
-3.5M
-8.2M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-331K
-253K
(387K)
(277K)
-340K
-437K
-119K
-815K
-161K
(0.0)
-442K
(0.0)
(0.0)
(0.0)
85K
-4.4M
-5M
-3.9M
-1.9M
-5.3M
-2.7M
-2.1M
-1.2M
0.0
0.0
0.0
0.0
0.0
-728K
-305K
-441K
-1.9M
-3.4M
-3.5M
31.5M
80.1M
73.8M
25.7M
21.8M
38.1M
50.4M
41.7M
30.3M
31.1M
24.9M
23.5M
13.9M
12.7M
38.1M
19.3M
9.9M
5.8M
25.7M
29.4M
NET INCOME
(8.5M)
(16.6M)
(15.5M)
(5.4M)
(5.5M)
(8.3M)
(11.3M)
(7.9M)
(7.3M)
(11.2M)
(8.9M)
(8.7M)
(5.2M)
(3.5M)
(15.1M)
(7.6M)
(3.9M)
(2.2M)
(9.3M)
(2.5M)
23M
63.5M
58.3M
20.3M
16.3M
29.8M
39.1M
33.7M
23M
19.9M
16M
14.9M
9.2M
9.1M
23M
11.7M
6M
3.6M
16.3M
45.3M

SEC Filings

MLR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 22, 2026
2026
8-K

8-K 2026

N/A

April 08, 2026
April 07, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

March 04, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
8-K

8-K 2025

N/A

December 02, 2025
December 02, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
Showing 1 to 10 of 329 filings