(MLR) Miller Industries - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6005512040

Stock: Wreckers, Car Carriers, Transport Trailers, Towing Equipment, Recovery Equipment

Total Rating 33
Risk 88
Buy Signal -0.85

EPS (Earnings per Share)

EPS (Earnings per Share) of MLR over the last years for every Quarter: "2020-12": 1.05, "2021-03": 0.28, "2021-06": 0.57, "2021-09": 0.34, "2021-12": 0.24, "2022-03": 0.18, "2022-06": 0.33, "2022-09": 0.4583, "2022-12": 0.8139, "2023-03": 0.81, "2023-06": 1.29, "2023-09": 1.52, "2023-12": 1.4488, "2024-03": 1.4731, "2024-06": 1.78, "2024-09": 1.3302, "2024-12": 0.9079, "2025-03": 0.69, "2025-06": 0.73, "2025-09": 0.27, "2025-12": 0,

Revenue

Revenue of MLR over the last years for every Quarter: 2020-12: 178.337, 2021-03: 169.912, 2021-06: 181.158, 2021-09: 164.715, 2021-12: 201.691, 2022-03: 215.545, 2022-06: 201.5, 2022-09: 205.557, 2022-12: 225.854, 2023-03: 282.275, 2023-06: 300.264, 2023-09: 274.568, 2023-12: 296.246, 2024-03: 349.871, 2024-06: 371.451, 2024-09: 314.271, 2024-12: 221.907, 2025-03: 225.651, 2025-06: 214.032, 2025-09: 178.67, 2025-12: null,

Dividends

Dividend Yield 1.91%
Yield on Cost 5y 2.15%
Yield CAGR 5y 2.67%
Payout Consistency 97.5%
Payout Ratio 47.3%
Risk 5d forecast
Volatility 33.9%
Relative Tail Risk -6.39%
Reward TTM
Sharpe Ratio -0.99
Alpha -45.39
Character TTM
Beta 0.940
Beta Downside 0.817
Drawdowns 3y
Max DD 52.70%
CAGR/Max DD 0.35

Description: MLR Miller Industries December 26, 2025

Miller Industries Inc. (NYSE:MLR) designs, manufactures, and distributes a range of towing and recovery equipment, including wreckers, hydraulic-tilt car carriers, and multi-vehicle transport trailers, under brands such as Century, Vulcan, Challenger, and Titan. Its sales network relies on independent distributors across the United States, Canada, and Mexico, as well as prime contractors serving government agencies.

Key recent metrics (FY 2023) show revenue of approximately $1.0 billion, an operating margin of 9.2 %, and a backlog of roughly $250 million, indicating a solid order pipeline despite a modest slowdown in new-vehicle production volumes.

The segment is sensitive to macro-drivers like construction-equipment spending cycles, fleet-renewal timing, and credit-cost environments; a 1 % rise in the U.S. prime rate historically depresses new-equipment orders by about 0.4 % in the towing-equipment market, while a rebound in auto-auction activity can boost trailer demand.

For a deeper quantitative assessment, you may find the ValueRay platform’s MLR dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 30.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.18 > 1.0
NWC/Revenue: 39.71% < 20% (prev 24.38%; Δ 15.34% < -1%)
CFO/TA 0.06 > 3% & CFO 38.1m > Net Income 30.1m
Net Debt (6.96m) to EBITDA (54.3m): 0.13 < 3
Current Ratio: 3.46 > 1.5 & < 3
Outstanding Shares: last quarter (11.6m) vs 12m ago -0.01% < -2%
Gross Margin: 15.15% > 18% (prev 0.13%; Δ 1502 % > 0.5%)
Asset Turnover: 123.6% > 50% (prev 176.3%; Δ -52.73% > 0%)
Interest Coverage Ratio: 46.14 > 6 (EBITDA TTM 54.3m / Interest Expense TTM 866.0k)

Altman Z'' 6.98

A: 0.55 (Total Current Assets 469.5m - Total Current Liabilities 135.8m) / Total Assets 604.3m
B: 0.44 (Retained Earnings 267.7m / Total Assets 604.3m)
C: 0.06 (EBIT TTM 40.0m / Avg Total Assets 679.8m)
D: 1.45 (Book Value of Equity 266.5m / Total Liabilities 183.7m)
Altman-Z'' Score: 6.98 = AAA

Beneish M -3.27

DSRI: 0.99 (Receivables 232.6m/374.0m, Revenue 840.3m/1.33b)
GMI: 0.87 (GM 15.15% / 13.21%)
AQI: 1.27 (AQ_t 0.03 / AQ_t-1 0.03)
SGI: 0.63 (Revenue 840.3m / 1.33b)
TATA: -0.01 (NI 30.1m - CFO 38.1m) / TA 604.3m)
Beneish M-Score: -3.27 (Cap -4..+1) = AA

What is the price of MLR shares?

As of February 07, 2026, the stock is trading at USD 44.60 with a total of 53,421 shares traded.
Over the past week, the price has changed by +8.86%, over one month by +15.16%, over three months by +16.25% and over the past year by -30.62%.

Is MLR a buy, sell or hold?

Miller Industries has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy MLR.
  • StrongBuy: 2
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MLR price?

Issuer Target Up/Down from current
Wallstreet Target Price 49 9.9%
Analysts Target Price 49 9.9%
ValueRay Target Price 47.7 6.9%

MLR Fundamental Data Overview February 03, 2026

P/E Trailing = 16.2597
P/S = 0.572
P/B = 1.1134
Revenue TTM = 840.3m USD
EBIT TTM = 40.0m USD
EBITDA TTM = 54.3m USD
Long Term Debt = 45.0m USD (from longTermDebt, last quarter)
Short Term Debt = 242.0k USD (from shortTermDebt, last quarter)
Debt = 45.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.96m USD (from netDebt column, last quarter)
Enterprise Value = 487.6m USD (480.7m + Debt 45.4m - CCE 38.4m)
Interest Coverage Ratio = 46.14 (Ebit TTM 40.0m / Interest Expense TTM 866.0k)
EV/FCF = 17.25x (Enterprise Value 487.6m / FCF TTM 28.3m)
FCF Yield = 5.80% (FCF TTM 28.3m / Enterprise Value 487.6m)
FCF Margin = 3.36% (FCF TTM 28.3m / Revenue TTM 840.3m)
Net Margin = 3.59% (Net Income TTM 30.1m / Revenue TTM 840.3m)
Gross Margin = 15.15% ((Revenue TTM 840.3m - Cost of Revenue TTM 712.9m) / Revenue TTM)
Gross Margin QoQ = 14.18% (prev 16.16%)
Tobins Q-Ratio = 0.81 (Enterprise Value 487.6m / Total Assets 604.3m)
Interest Expense / Debt = 0.21% (Interest Expense 93.0k / Debt 45.4m)
Taxrate = 28.39% (1.22m / 4.30m)
NOPAT = 28.6m (EBIT 40.0m * (1 - 28.39%))
Current Ratio = 3.46 (Total Current Assets 469.5m / Total Current Liabilities 135.8m)
Debt / Equity = 0.11 (Debt 45.4m / totalStockholderEquity, last quarter 420.7m)
Debt / EBITDA = 0.13 (Net Debt 6.96m / EBITDA 54.3m)
Debt / FCF = 0.25 (Net Debt 6.96m / FCF TTM 28.3m)
Total Stockholder Equity = 411.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.43% (Net Income 30.1m / Total Assets 604.3m)
RoE = 7.32% (Net Income TTM 30.1m / Total Stockholder Equity 411.7m)
RoCE = 8.75% (EBIT 40.0m / Capital Employed (Equity 411.7m + L.T.Debt 45.0m))
RoIC = 6.07% (NOPAT 28.6m / Invested Capital 471.7m)
WACC = 8.58% (E(480.7m)/V(526.0m) * Re(9.38%) + D(45.4m)/V(526.0m) * Rd(0.21%) * (1-Tc(0.28)))
Discount Rate = 9.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.31%
[DCF Debug] Terminal Value 67.61% ; FCFF base≈24.5m ; Y1≈16.1m ; Y5≈7.34m
Fair Price DCF = 10.79 (EV 130.3m - Net Debt 6.96m = Equity 123.3m / Shares 11.4m; r=8.58% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -1.18 | EPS CAGR: -26.77% | SUE: -0.32 | # QB: 0
Revenue Correlation: 13.04 | Revenue CAGR: -3.18% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.23 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=4.12 | Chg30d=+0.020 | Revisions Net=-1 | Growth EPS=+139.5% | Growth Revenue=+24.0%

Additional Sources for MLR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle