Miller Industries, Inc.

NYSE•MLR

CEO: Mr. William G. Miller

Sector: Consumer Cyclical

Industry: Auto - Parts

Listing Date: 1994-08-02

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 flat-bed 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 similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.

Contact Information

8503 Hilltop Drive, Ooltewah, TN, 37363, United States

423-238-4171

www.millerind.com

Market Cap

$509.38M

P/E (TTM)

22.1

Dividend Yield

1.8%

52W High

$48.94

52W Low

$33.81

52W Range

71%

Rank46Top 59.5%

3.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$171.17M+0.00%

4-Quarter Trend

EPS

$0.30+0.00%

4-Quarter Trend

FCF

$43.76M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Operating Cash Flow Operating cash flow reached 98.7M USD, up 485.2% from 16.9M USD in 2024, reflecting improved working capital management and inventory reduction.

Strategic European Acquisition Completed acquisition of Omars S.p.A. for 20.2M USD in December 2025, expanding manufacturing capacity and footprint in the European market.

Increased Dividend Payout Declared 0.80 USD per share dividend in 2025, up from 0.76 USD in 2024, demonstrating commitment to returning value to shareholders.

Risk Factors

Significant Revenue Decline Net sales fell to 790.3M USD, down 37.2% from 1.26B USD in 2024, driven by lower production levels and inventory channel adjustments.

Supply Chain Volatility Ongoing supply chain disruptions, tariff-related cost increases, and geopolitical tensions continue to impact production schedules, profitability, and raw material availability.

Rising Labor Costs Competitive talent market led to substantial wage increases, potentially impacting future profitability and operating margins if labor costs cannot be controlled.

Regulatory Compliance Pressures Stringent emission standards and potential future environmental regulations could necessitate material expenditures and negatively impact customer demand for diesel-powered commercial vehicles.

Outlook

Major Plant Expansion Authorized 100.0M USD for Ooltewah, TN plant expansion in March 2026 to enhance production flexibility and capacity for future growth.

Dividend Growth Strategy Declared 0.21 USD per share quarterly dividend for March 2026, representing a 5% increase over the prior quarter, signaling financial confidence.

Supply Chain Normalization Expect return to steady flow of manufactured equipment and chassis deliveries in 2026 following inventory normalization in the distribution channel.

Peer Comparison

Revenue (TTM)

CPS

$2.74B

+0.4%

CAL

$2.70B

-2.8%

PSNY

$2.55B

+23.5%

Gross Margin (Latest Quarter)

PTLO

175.3%

-24.3pp

CAL

41.8%

-2.4pp

DIN

39.6%

-9.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
PSNY	$1.17B	-0.5	59.8%	155.0%
CPS	$534.23M	-130.4	4.2%	68.9%
MLR	$509.38M	22.1	5.5%	5.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-8.8%

Growth Under Pressure

4Q Net Income CAGR

-24.9%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 5, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data