Miller Industries Inc /Tn/
MLR NYSE· Truck & Bus Bodies
Last close · Oct 23, 2026
$51.47
KIRA · Stoqly’s AI analyst, in plain words
- Miller Industries Inc /Tn/ had $790M of revenue in fiscal 2025, down 37.2% on the year before. Over five years, revenue changed +3.9% a year on average.
- Miller Industries Inc /Tn/ made $23.0M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 1.4% a year.
- Free cash flow was $85.0M in fiscal 2025, 10.8% of revenue.
- Miller Industries Inc /Tn/ returned $15.1M to shareholders in fiscal 2025, 18% of free cash flow. The diluted share count rose 0.1%.
- Miller Industries Inc /Tn/ has $11.4M more cash than debt.
Market cap
$593M
P/E
41.5x
Revenue
$790M
Net income
$23.0M
Free cash flow
$85.0M
Operating margin
—
Miller Industries Inc /Tn/ in 30 seconds · fiscal 2025
Are sales growing?
−37.2%
No. Sales fell 37.2% last year.
Does it make a profit?
2.9%
A little. It keeps 2.9% of every sale as profit.
Does profit turn into cash?
10.8%
Yes. 10.8% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
41.5x
One share costs 41.5 times its yearly profit per share.
What Miller Industries Inc /Tn/ does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 4, 2026
- Legal name
- MILLER INDUSTRIES INC /TN/
- CIK
- 0000924822
Miller Industries Inc /Tn/ · MLR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $717M | $848M | $1.2B | $1.3B | $790M |
| Revenue growth | 10.2% | 18.3% | 35.9% | 9.0% | −37.2% |
| Gross margin | 9.7% | 9.7% | 13.2% | 13.6% | 15.2% |
| Net income | $16.3M | $20.3M | $58.3M | $63.5M | $23.0M |
| Net margin | 2.3% | 2.4% | 5.1% | 5.0% | 2.9% |
| Diluted EPS | $1.42 | $1.78 | $5.07 | $5.47 | $1.98 |
| Cash | |||||
| Cash from operations | $15.3M | −$19.2M | $11.0M | $16.9M | $98.7M |
| Capital expenditure | $9.2M | $28.9M | $12.1M | $15.4M | $13.7M |
| Free cash flow | $6.1M | −$48.1M | −$1.1M | $1.5M | $85.0M |
| FCF margin | 0.9% | −5.7% | −0.1% | 0.1% | 10.8% |
| Dividends paid | $8.2M | $8.2M | $8.2M | $8.7M | $9.2M |
| Share buybacks | — | — | — | $2.9M | $6.0M |
| Share count change | 0.1% | 0.1% | 0.8% | 0.8% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $54.3M | $40.2M | $29.9M | $24.3M | $44.7M |
| Debt incl. finance leases | — | $45.0M | $60.0M | $65.0M | $33.3M |
| Shareholders' equity | $285M | $293M | $348M | $401M | $421M |
| Current ratio | 2.2x | 2.4x | 2.2x | 2.7x | 3.2x |
| Returns and quality | |||||
| Return on equity | 5.8% | 7.0% | 18.2% | 17.0% | 5.6% |
| Return on tangible equity | 6.0% | 7.2% | 17.8% | 16.7% | 5.7% |
| Piotroski F-score | 3 | 4 | 5 | 6 | 6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Miller Industries Inc /Tn/ · MLR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $51.47 a share, the company is worth $593M: 41.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000924822). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.