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NYSE · Consumer discretionary

Miller Industries Inc (MLR)

Miller Industries Inc brought in $805M of revenue over the twelve months to September 30, 2026, down 4.2% from a year earlier. Net income was $17.3M, a net margin of 2.2%. Operating cash flow minus capital spending left $85M of free cash flow in fiscal 2025. At September 30, 2026 it held $60.4M in cash against $3.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.

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Price
$48.10
-1.07% on the day · November 10, 2026
52-week range $35.72 to $59.70
Market cap
$546M
Revenue (last 12 months)
$805M
-4.2% year on year
Net margin
2.2%
P/E
24.3
on FY2025 diluted EPS

Key facts about Miller Industries Inc

Net worth
Miller Industries Inc has a market value (market cap) of $546M at the latest share price, and shareholders' equity of $421.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $790.3M (-37.2% year on year), with net income of $23M. Over the 12 months to September 30, 2026: revenue $805M, net income $17.3M.
Cash flow
In fiscal 2025 operations brought in $98.7M of cash; after $13.7M of capital spending, free cash flow was $85M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Miller Industries Inc's next report is expected around March 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
Miller Industries Inc declared dividends of $0.80 per share in fiscal 2025, a yield of 1.66% at the current price.

What Miller Industries Inc does

Miller Industries Inc is registered with the SEC under industry code SIC 3713 (Truck & Bus Bodies). Its shares trade on NYSE under the ticker MLR.

Revenue and profit by year

Revenue
FY18: $711.7M $711.7M FY18FY19: $818.2M $818.2M FY19FY20: $651.3M $651.3M FY20FY21: $717.5M $717.5M FY21FY22: $848.5M $848.5M FY22FY23: $1.2B $1.2B FY23FY24: $1.3B $1.3B FY24FY25: $790.3M $790.3M FY25
Net income
FY18: $33.7M $33.7M FY18FY19: $39.1M $39.1M FY19FY20: $29.8M $29.8M FY20FY21: $16.3M $16.3M FY21FY22: $20.3M $20.3M FY22FY23: $58.3M $58.3M FY23FY24: $63.5M $63.5M FY24FY25: $23M $23M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$790.3Mn/a$23M$1.98$85M
2024$1.3Bn/a$63.5M$5.47$1.5M
2023$1.2Bn/a$58.3M$5.07-$1.1M
2022$848.5Mn/a$20.3M$1.78-$48.1M
2021$717.5Mn/a$16.3M$1.42$6.1M
2020$651.3Mn/a$29.8M$2.62$43.2M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around March 3, 2027.

Estimated from its filing rhythm: 52 weeks after its report of March 4, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where MLR ranks in Consumer discretionary

Revenue$790.3M
#521 of 1077 in Consumer discretionary · Top 48%
Revenue growth-37.2%
#939 of 952 in Consumer discretionary · Bottom 1%
Net margin2.9%
#468 of 968 in Consumer discretionary · Top 48%
Free cash flow margin10.8%
#197 of 853 in Consumer discretionary · Top 23%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

Miller Industries Inc declared $0.80 per share in fiscal 2025. At the current price that is a yield of 1.66%. It paid out $9.2M in cash dividends, 40% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$0.80$9.2M40%
2024$0.76$8.7M14%
2023$0.72$8.2M14%
2022$0.72$8.2M40%
2021$0.72$8.2M51%
2020$0.72$8.2M28%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Miller Industries Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 4, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue rose 19% to $212.2M versus the same quarter last year; diluted EPS $0.53 versus $0.27.
  2. November 4, 2026
  3. September 4, 2026
  4. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 12% to $240M versus the same quarter last year; diluted EPS $0.63 versus $0.73.
  5. August 5, 2026
  6. July 31, 2026
  7. May 29, 2026
  8. May 26, 2026
  9. May 6, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue fell 20% to $180.9M versus the same quarter last year; diluted EPS $0.05 versus $0.69.
  10. May 6, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on May 26, 2026. Insider transactions on SEC

What is MLR worth? A DCF from its reported cash flow

Insider trades

What the people running Miller Industries Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
May 21, 2026 Jackson Peter LeeDirector Exercised options 1,804 - - Form 4
May 21, 2026 Reyes Javier ADirector Exercised options 1,804 - - Form 4
May 21, 2026 Sweeney Susan EDirector Exercised options 1,804 - - Form 4
May 21, 2026 Walton LeighDirector Exercised options 1,804 - - Form 4
May 21, 2026 Ashford Theodore H. IIIDirector Exercised options 1,804 - - Form 4
March 15, 2026 Madonia FrankExecutive VP, Secretary & GC Exercised options 3,316 - - Form 4
March 15, 2026 Madonia FrankExecutive VP, Secretary & GC Shares withheld for tax 778 $43.88 $34.1K Form 4
March 15, 2026 Miller William G. IICEO and President, Director Exercised options 19,067 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns MLR

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Fmr LLC13G, passive with 1 related filers 11.6% 1,327,090 August 6, 2025
Neuberger Berman Group LLC13G, passive with 1 related filers 10% 1,135,556 September 4, 2026
Dimensional Fund Advisors LP13G, passive 6.6% 758,376 April 15, 2025

Latest filings below 5%: Vanguard Capital Management 4.94% (July 31, 2026); The Vanguard Group 0% (March 27, 2026); Royce & Associates LP 4.52% (July 16, 2025); Thrivent Financial For Lutherans 4.5% (March 7, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 148 managers reported a position.

HolderSharesValueChange on quarter
Fmr LLC1,327,501$67.9M+339
Neuberger Berman Group LLC1,129,422$57.8M+37,107
BlackRock, Inc.1,029,544$52.7M+221,589
Dimensional Fund Advisors LP692,675$35.4M+3,229
Hotchkis & Wiley Capital Management LLC518,661$26.5M-2,310
Vanguard Capital Management LLC488,104$25M-8,267
Systematic Financial Management LP461,036$23.6M+14,697
American Century Companies Inc309,465$15.8M+234,755
Goldman Sachs Group Inc304,998$15.6M-8,848
First Wilshire Securities Management Inc295,912$15.1M-3,124
Geode Capital Management, LLC288,510$14.8M+13,637
State Street Corp251,265$12.9M+20,030
Morgan Stanley208,995$10.7M+20,974
Charles Schwab Investment Management Inc180,210$9.2M-20,023
Punch & Associates Investment Management, Inc.153,070$7.8M+42,593
Heartland Advisors Inc150,000$7.7M+30,000
Pacific Ridge Capital Partners, LLC135,738$6.9M-1,081
Bank of New York Mellon Corp117,001$6M+878
Azarias Capital Management, L.P.109,926$5.6M-500
Diversified Investment Strategies, LLC106,870$5.5M-50

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

11 insiders reported holding 214,796 shares in total, about $10.3M at the last price.

HolderSharesAs of
Miller William G. IICEO and President, Director 72,715 March 15, 2026
Whitmire Deborah LChief Financial Officer 29,956 March 15, 2026
Badgley Jeffrey IPresident, Int'l and Military 25,192 March 15, 2026
Ashford Theodore H. IIIDirector 19,399 May 21, 2026
Reyneke Josias W.Chief Information Officer 13,032 March 15, 2026
Madonia FrankExecutive VP, Secretary & GC 13,032 March 15, 2026
Tiano Vincent J.Chief Revenue Officer 13,032 March 15, 2026
Walton LeighDirector 10,474 May 21, 2026
Jackson Peter LeeDirector 5,988 May 21, 2026
Sweeney Susan EDirector 5,988 May 21, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about MLR

What does Miller Industries Inc do?

Miller Industries Inc is a company in the Consumer discretionary sector, listed on NYSE as MLR. Its shares trade on NYSE under the ticker MLR.

What is Miller Industries Inc's net worth?

Miller Industries Inc has a market value (market cap) of $546M at the latest share price, and shareholders' equity of $421.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Miller Industries Inc profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $17.3M on revenue of $805M, a net margin of 2.2%.

How much revenue does Miller Industries Inc make?

Over the twelve months to September 30, 2026 Miller Industries Inc reported revenue of $805M. That is 4.2% less than a year earlier.

When did Miller Industries Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026.

When is Miller Industries Inc's next earnings report?

Miller Industries Inc's next report is expected around March 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does Miller Industries Inc pay a dividend?

Yes. Miller Industries Inc declared dividends of $0.80 per share in fiscal 2025, a yield of 1.66% at the current price.

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Where the numbers come from

Financial figures are the values Miller Industries Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.