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MLR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
48.540
Open
48.200
VWAP
47.99
Vol
81.94K
Mkt Cap
547.79M
Low
47.400
Amount
3.93M
EV/EBITDA(TTM)
12.82
Total Shares
11.40M
EV
518.02M
EV/OCF(TTM)
4.09
P/S(TTM)
0.75
Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties and sold to its customers. Its products are marketed and sold through a network of distributors that serve over 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, Challenger and others.
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Events Timeline

(ET)
2026-05-06
17:00:00
Miller Industries Expects FY26 EPS to Align with FY25 Results
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2026-05-06
17:00:00
Miller Industries Announces 3% Price Increase on Products
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2026-05-06
16:50:00
Q1 Revenue at $180.9M, Down from $225.7M Last Year
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2026-03-04 (ET)
2026-03-04
16:20:00
Company Reports Q4 Revenue of $171.2M
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2026-03-04
16:20:00
Sees Revenue Approaching $250M Per Quarter by Second Half of 2026
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2025-08-14 (ET)
2025-08-14
08:01:31
Miller Industries to reduce its workforce by approximately 150 positions
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News

seekingalpha
9.5
05-08seekingalpha
Miller Industries Q1 2026 Earnings Call Insights
  • Revenue Performance: Miller Industries reported Q1 revenue of $180.9 million, down 19.8% year-over-year but up 5.7% sequentially, demonstrating resilience amid external pressures, although overall market demand is impacted by geopolitical tensions.
  • Acquisition Integration Contribution: This quarter marks the first full contribution from the Omars acquisition, despite a reduction of approximately $0.13 per diluted share due to acquisition-related expenses, indicating ongoing challenges in the integration process that require attention.
  • Pricing Adjustment Strategy: The company announced an additional 3% price increase on all manufactured products effective August 1, 2026, to address ongoing cost pressures, reflecting management's sensitivity and responsiveness to market dynamics.
  • Future Outlook: Management reaffirmed the revenue target for 2026 to be between $850 million and $900 million, with expectations for gross margins to return to historical mid-13% levels, indicating confidence in demand recovery in the second half of the year.
seekingalpha
8.0
05-07seekingalpha
Miller Industries Declares $0.21 Quarterly Dividend, Maintains Forward Yield
  • Quarterly Dividend Announcement: Miller Industries (MLR) declares a quarterly dividend of $0.21 per share, consistent with previous distributions, indicating the company's stable cash flow and commitment to shareholder returns.
  • Dividend Yield: The forward yield stands at 1.72%, reflecting the company's attractiveness in the current market environment, which may draw in more income-focused investors.
  • Dividend Payment Timeline: The dividend is payable on June 8, with a record date of June 1 and an ex-dividend date also set for June 1, ensuring shareholders receive their returns promptly.
  • Future Revenue Target: Miller Industries outlines a revenue target of $850 million to $900 million for 2026, driven by military and European expansion, demonstrating the company's confidence in future growth prospects.
seekingalpha
9.5
05-06seekingalpha
Miller Industries Q1 Earnings Miss Expectations
  • Disappointing Earnings: Miller Industries reported a Q1 GAAP EPS of $0.05, missing expectations by $0.22, indicating a significant decline in profitability that may affect investor confidence.
  • Revenue Decline: The company generated $180.9 million in revenue for Q1, a 19.8% year-over-year decrease that fell short of expectations, reflecting challenges from weak market demand and increased competition.
  • Gross Margin Pressure: Gross profit was $25.7 million, down 24.3% from $33.9 million last year, with a gross margin of 14.2%, indicating potential pressures on cost control and pricing strategies.
  • Guidance Reaffirmation: Miller reaffirmed its revenue guidance of $850 million to $900 million for 2026, expecting EPS to align with 2025 results, demonstrating confidence in future growth despite current performance issues.
PRnewswire
9.5
05-06PRnewswire
Miller Industries Reports Q1 Results and Expansion Plans
  • Revenue Growth Trend: Miller Industries reported Q1 revenue of $180.86 million, a 19.8% decline year-over-year, primarily impacted by non-cash acquisition-related expenses from Omars, which are expected to continue affecting financial performance throughout 2026.
  • Capacity Expansion: The company is adding a new 200,000+ sq ft facility in Ooltewah at a cost of approximately $100 million, aimed at increasing overall production capacity to meet European demand and defense production commitments, with plans to fund this expansion through operating cash flow.
  • Shareholder Return Policy: The Board approved a quarterly cash dividend of $0.21 per share, marking the 62nd consecutive quarter of dividends, and the company repurchased approximately $2.2 million in stock during Q1, demonstrating a continued commitment to shareholder returns.
  • Market Environment Challenges: Rising geopolitical tensions in the Middle East have led to increased diesel prices, prompting the company to pause its North American production plans to maintain distributor inventory balance, which is expected to negatively impact revenue and profitability in Q2.
seekingalpha
9.5
03-05seekingalpha
Miller Industries Q4 2025 Earnings Call Insights
  • Revenue Performance: Miller Industries reported Q4 2025 revenue of $171.2 million, down 22.9% year-over-year; however, the full-year revenue of $790.3 million aligned with revised expectations, demonstrating resilience in a challenging industry environment.
  • Acquisition Impact: The company completed the acquisition of Omars on December 2, contributing only one month of performance in Q4, yet it is expected to enhance its competitive position in the European market, particularly amid strong demand for heavy-duty products.
  • Future Outlook: Management anticipates revenues between $850 million and $900 million for 2026, with production levels expected to rise methodically, projecting quarterly revenues to approach $250 million in the second half of the year, reflecting confidence in market recovery.
  • Cost Structure Adjustment: Although SG&A expenses increased due to one-time retirement program costs and acquisition expenses, the company plans to enhance gross margins by optimizing production and workforce allocation, with expectations to return to historical averages in the mid-13% range.
seekingalpha
8.0
03-05seekingalpha
Miller Industries Declares 5% Increase in Quarterly Dividend
  • Dividend Increase: Miller Industries has declared a quarterly dividend of $0.21 per share, reflecting a 5% increase from the previous dividend of $0.20, indicating the company's ability to maintain stable cash flow despite an unclear recovery path.
  • Yield Performance: The forward yield of 1.83% offers investors a relatively attractive return, appealing to those seeking income stability in a complex market environment, thereby enhancing investor interest.
  • Payment Schedule: The dividend is payable on March 23, with a record date of March 16 and an ex-dividend date also on March 16, ensuring shareholders receive their earnings promptly, which bolsters investor confidence.
  • Financial Transparency: Miller Industries provides a dividend scorecard and yield chart, enhancing market understanding of its financial health and assisting investors in making informed decisions regarding their investments.

Valuation Metrics

The current forward P/E ratio for Miller Industries Inc (MLR.N) is 18.21, compared to its 5-year average forward P/E of 8.80. For a more detailed relative valuation and DCF analysis to assess Miller Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.80
Current PE
18.21
Overvalued PE
16.84
Undervalued PE
0.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
3.73
Current EV/EBITDA
20.69
Overvalued EV/EBITDA
7.94
Undervalued EV/EBITDA
-0.47

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.30
Current PS
0.53
Overvalued PS
0.59
Undervalued PS
0.01

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Frequently Asked Questions

What is Miller Industries Inc (MLR) stock price today?

The current price of MLR is 48.02 USD — it has decreased -0.1

What is Miller Industries Inc (MLR)'s business?

Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties and sold to its customers. Its products are marketed and sold through a network of distributors that serve over 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, Challenger and others.

What is the price predicton of MLR Stock?

Wall Street analysts forecast MLR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MLR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Miller Industries Inc (MLR)'s revenue for the last quarter?

Miller Industries Inc revenue for the last quarter amounts to 180.86M USD, decreased -19.85

What is Miller Industries Inc (MLR)'s earnings per share (EPS) for the last quarter?

Miller Industries Inc. EPS for the last quarter amounts to 0.05 USD, decreased -92.75

How many employees does Miller Industries Inc (MLR). have?

Miller Industries Inc (MLR) has 1535 emplpoyees as of May 11 2026.

What is Miller Industries Inc (MLR) market cap?

Today MLR has the market capitalization of 547.79M USD.