Miller Financial Statements From 2010 to 2025

MLR Stock  USD 62.80  0.95  1.49%   
Miller Industries financial statements provide useful quarterly and yearly information to potential Miller Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Miller Industries financial statements helps investors assess Miller Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Miller Industries' valuation are summarized below:
Gross Profit
82.4 M
Profit Margin
0.0523
Market Capitalization
877.7 M
Enterprise Value Revenue
0.5582
Revenue
1.3 B
There are over one hundred nineteen available fundamental ratios for Miller Industries, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check Miller Industries' last-minute fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 02/16/2025, Market Cap is likely to drop to about 262.6 M. In addition to that, Enterprise Value is likely to drop to about 307.4 M

Miller Industries Total Revenue

1.39 Billion

Check Miller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16 M, Interest Expense of 4.3 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0271 or PTB Ratio of 1.86. Miller financial statements analysis is a perfect complement when working with Miller Industries Valuation or Volatility modules.
  
Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Miller Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets781.5 M744.3 M381.9 M
Slightly volatile
Short and Long Term Debt Total57.5 M54.7 M17.6 M
Slightly volatile
Other Current Liabilities20.2 M34.4 M21.5 M
Slightly volatile
Total Current Liabilities283.4 M269.9 M126.6 M
Slightly volatile
Total Stockholder Equity420.1 M400.1 M234.2 M
Slightly volatile
Property Plant And Equipment Net139.9 M133.3 M74.1 M
Slightly volatile
Retained Earnings241.7 M230.2 M91.5 M
Slightly volatile
Accounts Payable231.6 M220.5 M100.8 M
Slightly volatile
Cash27.4 M34.4 M35.8 M
Very volatile
Non Current Assets Total82.2 M157.2 M82.6 M
Slightly volatile
Cash And Short Term Investments25.8 M34.4 M33 M
Slightly volatile
Net Receivables345.5 M329.1 M153.4 M
Slightly volatile
Common Stock Shares Outstanding11.5 M13.2 M11.2 M
Slightly volatile
Liabilities And Stockholders Equity781.5 M744.3 M381.9 M
Slightly volatile
Non Current Liabilities Total61 M58.1 M19 M
Slightly volatile
Inventory229.2 M218.3 M99.5 M
Slightly volatile
Other Current Assets3.9 M4.2 M6.9 M
Slightly volatile
Other Stockholder Equity156.9 M176.6 M144.8 M
Slightly volatile
Total Liabilities361.4 M344.2 M147.7 M
Slightly volatile
Property Plant And Equipment Gross263.7 M251.1 M95.6 M
Slightly volatile
Total Current Assets616.4 M587 M294.1 M
Slightly volatile
Short Term Debt273.6 K288 K1.9 M
Slightly volatile
Intangible Assets16.7 M10.5 M11.4 M
Slightly volatile
Good Will17.7 M18 M14.6 M
Pretty Stable
Other Assets605.3 K637.2 K1.2 M
Slightly volatile
Common Stock Total Equity112.5 K102.6 K134.6 K
Slightly volatile
Common Stock123.6 K102.6 K135.3 K
Slightly volatile
Property Plant Equipment135.4 M129 M77 M
Slightly volatile
Other LiabilitiesM7.2 M3.4 M
Slightly volatile
Current Deferred Revenue10.3 M9.8 M2.6 M
Slightly volatile
Net Tangible Assets221.2 M324.1 M211.3 M
Slightly volatile
Retained Earnings Total Equity181.3 M172.6 M81.2 M
Slightly volatile
Capital Surpluse165.3 M175.3 M152.7 M
Slightly volatile
Deferred Long Term Liabilities7.5 M7.2 M3.6 M
Slightly volatile
Short and Long Term Debt314.6 K331.2 K2.4 M
Slightly volatile
Cash And Equivalents40.6 M46.2 M35.7 M
Slightly volatile
Net Invested Capital320.2 M469.1 M270.2 M
Slightly volatile
Net Working Capital203.4 M317.1 M168.5 M
Slightly volatile
Capital Stock91.2 K102.6 K111.9 K
Slightly volatile
Capital Lease Obligations989 K743.4 K1.4 M
Slightly volatile

Miller Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization16 M15.2 M7.8 M
Slightly volatile
Interest Expense4.3 M5.4 MM
Slightly volatile
Total Revenue1.4 B1.3 B695.2 M
Slightly volatile
Gross Profit183.4 M174.6 M83.2 M
Slightly volatile
Other Operating Expenses1.3 B1.2 B655.1 M
Slightly volatile
Operating Income95.1 M90.6 M37.2 M
Slightly volatile
EBIT96.3 M91.7 M38.3 M
Slightly volatile
EBITDA112.3 M107 M46.1 M
Slightly volatile
Cost Of Revenue1.2 B1.2 B612 M
Slightly volatile
Total Operating Expenses88.3 M84.1 M43.1 M
Slightly volatile
Income Before Tax89.1 M84.9 M38 M
Slightly volatile
Net Income70.4 M67 M28.5 M
Slightly volatile
Income Tax Expense18.7 M17.8 M9.6 M
Slightly volatile
Selling General AdministrativeM1.1 M23.3 M
Slightly volatile
Net Income Applicable To Common Shares18.4 M23.4 M20 M
Slightly volatile
Net Income From Continuing Ops61.4 M58.5 M28 M
Slightly volatile
Non Recurring825.8 K1.3 M899.9 K
Slightly volatile
Tax ProvisionM12.2 M8.9 M
Very volatile
Reconciled Depreciation10.7 M14.7 M8.5 M
Slightly volatile
Interest Income3.3 M4.7 M2.4 M
Slightly volatile
Selling And Marketing Expenses62.3 M82.7 M51.3 M
Slightly volatile

Miller Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow25.8 M46.2 M37.3 M
Pretty Stable
Depreciation16 M15.2 M7.8 M
Slightly volatile
Capital Expenditures12.7 M13.9 M12.7 M
Slightly volatile
Net Income70.4 M67 M28.4 M
Slightly volatile
End Period Cash Flow27.5 M34.4 M35.8 M
Very volatile
Other Cashflows From Investing Activities340.3 K358.2 K275.6 K
Very volatile
Dividends Paid7.7 M9.5 M7.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.640.480.5332
Slightly volatile
Dividend Yield0.02710.01960.0244
Pretty Stable
PTB Ratio1.861.61.5747
Pretty Stable
Days Sales Outstanding56.7481.574.254
Slightly volatile
Book Value Per Share28.7427.3719.7618
Slightly volatile
Stock Based Compensation To Revenue6.0E-40.00116.0E-4
Pretty Stable
Capex To Depreciation1.01.051.9547
Pretty Stable
PB Ratio1.861.61.5747
Pretty Stable
EV To Sales0.640.510.4878
Very volatile
ROIC0.110.170.1061
Very volatile
Inventory Turnover5.144.756.4967
Slightly volatile
Net Income Per Share4.824.592.3726
Slightly volatile
Days Of Inventory On Hand65.5779.5558.2918
Slightly volatile
Payables Turnover7.776.016.6785
Pretty Stable
Sales General And Administrative To Revenue6.0E-49.0E-44.0E-4
Slightly volatile
Research And Ddevelopement To Revenue0.00340.00430.0042
Slightly volatile
Capex To Revenue0.01150.01210.0192
Very volatile
Cash Per Share1.842.353.076
Slightly volatile
Interest Coverage14.2311.8722.7796
Slightly volatile
Payout Ratio0.150.160.3372
Slightly volatile
Days Payables Outstanding62.1380.3859.5243
Pretty Stable
ROE0.160.150.1182
Very volatile
PE Ratio9.079.5414.1617
Slightly volatile
Return On Tangible Assets0.08780.08360.0759
Pretty Stable
Earnings Yield0.110.12050.0795
Slightly volatile
Intangibles To Total Assets0.03380.03560.0398
Slightly volatile
Current Ratio1.941.962.3885
Slightly volatile
Tangible Book Value Per Share27.0925.818.6414
Slightly volatile
Receivables Turnover5.84.644.976
Slightly volatile
Graham Number55.8153.1531.8825
Slightly volatile
Shareholders Equity Per Share28.7427.3719.7647
Slightly volatile
Debt To Equity0.330.20.0765
Slightly volatile
Capex Per Share1.261.221.1371
Slightly volatile
Graham Net Net3.313.164.5846
Pretty Stable
Revenue Per Share95.2890.7458.4174
Slightly volatile
Interest Debt Per Share3.586.721.5975
Slightly volatile
Debt To Assets0.120.110.0398
Slightly volatile
Enterprise Value Over EBITDA7.786.367.2694
Pretty Stable
Price Earnings Ratio9.079.5414.1617
Slightly volatile
Operating Cycle103144130
Pretty Stable
Price Book Value Ratio1.861.61.5747
Pretty Stable
Days Of Payables Outstanding62.1380.3859.5243
Pretty Stable
Dividend Payout Ratio0.150.160.3372
Slightly volatile
Pretax Profit Margin0.03390.05760.0528
Slightly volatile
Ebt Per Ebit0.890.841.0693
Pretty Stable
Operating Profit Margin0.05740.07850.0534
Pretty Stable
Effective Tax Rate0.340.240.2899
Slightly volatile
Company Equity Multiplier2.12.141.6313
Slightly volatile
Long Term Debt To Capitalization0.190.170.0823
Slightly volatile
Total Debt To Capitalization0.190.170.0619
Slightly volatile
Return On Capital Employed0.150.220.1511
Pretty Stable
Debt Equity Ratio0.330.20.0765
Slightly volatile
Ebit Per Revenue0.05740.07850.0534
Pretty Stable
Quick Ratio1.291.231.6186
Slightly volatile
Net Income Per E B T0.750.710.7174
Slightly volatile
Cash Ratio0.110.12740.3799
Slightly volatile
Cash Conversion Cycle59.1780.8572.9697
Slightly volatile
Days Of Inventory Outstanding65.5779.5558.2918
Slightly volatile
Days Of Sales Outstanding56.7481.574.254
Slightly volatile
Price To Book Ratio1.861.61.5747
Pretty Stable
Fixed Asset Turnover11.2311.4410.7463
Slightly volatile
Enterprise Value Multiple7.786.367.2694
Pretty Stable
Debt Ratio0.120.110.0398
Slightly volatile
Price Sales Ratio0.640.480.5332
Slightly volatile
Return On Assets0.08510.08110.0728
Very volatile
Asset Turnover1.41.61.8088
Slightly volatile
Net Profit Margin0.04780.04550.0392
Very volatile
Gross Profit Margin0.150.13170.1237
Pretty Stable
Price Fair Value1.861.61.5747
Pretty Stable
Return On Equity0.160.150.1182
Very volatile

Miller Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap262.6 M435.4 M412 M
Pretty Stable
Enterprise Value307.4 M463.2 M387.3 M
Slightly volatile

Miller Fundamental Market Drivers

Cash And Short Term Investments29.9 M

Miller Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Miller Industries Financial Statements

Miller Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Miller Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Miller Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Miller Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue9.8 M10.3 M
Total Revenue1.3 B1.4 B
Cost Of Revenue1.2 B1.2 B
Capex To Revenue 0.01  0.01 
Revenue Per Share 90.74  95.28 
Ebit Per Revenue 0.08  0.06 

Pair Trading with Miller Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miller Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miller Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Miller Stock

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  0.73CNR Core Natural Resources, Symbol ChangePairCorr

Moving against Miller Stock

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  0.65MVST Microvast Holdings Aggressive PushPairCorr
  0.47NXT Nextracker Class APairCorr
  0.38MMM 3M CompanyPairCorr
The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miller Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miller Industries to buy it.
The correlation of Miller Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Miller Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.