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Miller Industries vs Scage Future: revenue, profit, margins and growth compared

Miller Industries brought in $790.3M of revenue in fiscal 2025, Scage Future $11.1M in fiscal 2025. Revenue changed by -37.2% at Miller Industries and +82.0% at Scage Future on the year before, so Scage Future grew faster. Miller Industries kept 2.9% of its revenue as net profit, Scage Future -116.4%. Free cash flow was $85M at Miller Industries and -$5.9M at Scage Future.

Side by side, latest fiscal year

MLRSCAG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (June 30, 2025)
Revenue$790.3M$11.1M
Revenue growth-37.2%+82.0%
Net income$23M-$12.9M
Net margin2.9%-116.4%
Free cash flow$85M-$5.9M
Free cash flow margin10.8%-53.1%
Earnings per share (diluted)$1.98-$0.18
Cash$44.7M$90.8K
Debt$33.3Mn/a
Price to earnings27.3n/a
Market value$613.5M$17.2M
Dividend yield1.48%n/a
Rank by revenue in sector#501 of 955 · Consumer discretionary#870 of 955 · Consumer discretionary

Over the years

Revenue
MLR FY2018: $711.7MMLR FY2019: $818.2MMLR FY2020: $651.3MMLR FY2021: $717.5MMLR FY2022: $848.5MMLR FY2023: $1.2BMLR FY2024: $1.3BMLR FY2025: $790.3MSCAG FY2023: $438KSCAG FY2025: $6.1MSCAG FY2025: $11.1MFY18FY19FY20FY21FY22FY23FY24FY25
MLR $790.3MSCAG $11.1M
Net income
MLR FY2018: $33.7MMLR FY2019: $39.1MMLR FY2020: $29.8MMLR FY2021: $16.3MMLR FY2022: $20.3MMLR FY2023: $58.3MMLR FY2024: $63.5MMLR FY2025: $23MSCAG FY2023: -$6.4MSCAG FY2025: -$5.8MSCAG FY2025: -$12.9MFY18FY19FY20FY21FY22FY23FY24FY25
MLR $23MSCAG -$12.9M
Net margin
MLR FY2018: 4.7%MLR FY2019: 4.8%MLR FY2020: 4.6%MLR FY2021: 2.3%MLR FY2022: 2.4%MLR FY2023: 5.1%MLR FY2024: 5.0%MLR FY2025: 2.9%SCAG FY2023: -1,469.8%SCAG FY2025: -95.1%SCAG FY2025: -116.4%FY18FY19FY20FY21FY22FY23FY24FY25
MLR 2.9%SCAG -116.4%
Revenue growth
MLR FY2019: +15.0%MLR FY2020: -20.4%MLR FY2021: +10.2%MLR FY2022: +18.3%MLR FY2023: +35.9%MLR FY2024: +9.0%MLR FY2025: -37.2%SCAG FY2025: +1,295.3%SCAG FY2025: +82.0%FY19FY20FY21FY22FY23FY24FY25
MLR -37.2%SCAG +82.0%
Free cash flow
MLR FY2018: $8.6MMLR FY2019: $17.7MMLR FY2020: $43.2MMLR FY2021: $6.1MMLR FY2022: -$48.1MMLR FY2023: -$1.1MMLR FY2024: $1.5MMLR FY2025: $85MSCAG FY2023: -$5.1MSCAG FY2025: -$6.3MSCAG FY2025: -$5.9MFY18FY19FY20FY21FY22FY23FY24FY25
MLR $85MSCAG -$5.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Miller Industries and Scage Future

Which is bigger by revenue, Miller Industries or Scage Future?

Miller Industries is bigger by revenue: $790.3M in fiscal 2025, against $11.1M for Scage Future in fiscal 2025.

Which keeps more of its revenue as profit, Miller Industries or Scage Future?

Miller Industries had a net margin of 2.9% in fiscal 2025; Scage Future had -116.4% in fiscal 2025.

Which grew revenue faster, Miller Industries or Scage Future?

In their latest fiscal years revenue changed by -37.2% at Miller Industries and +82.0% at Scage Future.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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