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49.01 USD
P/E
39.50
EPS
1.34
Yield
1.61%
Safety Score
90
P/B
1.45
ROE
3.76
Beta
1.13
Target Price
54.00 USD
Miller Industries, Inc. logo

Miller Industries, Inc.

🧾 Earnings Recap – Q3 2025

Miller Industries reported a challenging third quarter in 2025 with a significant drop in net sales, primarily due to decreased chassis shipments, yet implemented strategic measures to enhance operational efficiency and cash flow.

  • Net sales fell 43.1% year-over-year to $178.7 million, driven by reduced chassis shipments.
  • Gross profit margin improved to 14.2%, aided by a favorable product mix.
  • Cash balance increased by $6.6 million sequentially to $38.4 million, reflecting effective cash management and inventory adjustments.
  • Debt reduced by $10 million to $45 million during the quarter, with a further reduction to $35 million post-Q3.
  • Strategic production adjustments aimed at normalizing inventory levels are anticipated to position the company favorably for recovery in 2026.
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Key Metrics
Earnings dateAug. 5, 2026
P/E39.50
EPS1.34
Book Value36.62
Price to Book1.45
Debt/Equity5.99
% Insiders5.262%
Growth
Revenue Growth-0.20%
Earnings Growth-0.93%
Estimates
Forward P/E16.54
Forward EPS3.20
Target Mean Price54.00
Dividend
Dividend Yield1.61%
Annual dividends0.82 USD
Ex-Div. DateJune 1, 2026
Payout59.68%
5y avg Yield2.02%

DCF Valuation

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DCF Result

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Miller Industries, Inc. Logo Miller Industries, Inc. Analysis (MLR)

United States Consumer Discretionary Official Website Stock

Is Miller Industries, Inc. a good investment? Miller Industries, Inc. (MLR) is currently trading at 49.01 USD. Market analysts have a consensus price target of 54.00 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 39.50. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: Miller Industries, Inc. is expected to release its next earnings report on Aug. 5, 2026. The market consensus estimate for Forward EPS is 3.20.

For income investors, Miller Industries, Inc. pays a dividend yield of 1.61%. With a payout ratio of 60%, the dividend appears sustainable.

Investor FAQ

Does Miller Industries, Inc. pay a dividend?

Yes, it pays an annual dividend of 0.82 USD (1.61% yield).

What asset class is Miller Industries, Inc.?

Miller Industries, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Aug. 5, 2026. The company currently has a trailing EPS of 1.34.

Company Profile

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides 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. The company also offers transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. It markets its products under the Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle brand names. The company sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was founded in 1990 and is headquartered in Ooltewah, Tennessee.

Exchange Ticker
NYQ (United States) MLR
Trades
Dividend Yield
1.61%
5y avg 2.02%
Annual Dividends
0.82USD
Next Ex. Div Date
June 1, 2026
Payout Ratio
59.68%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.43 USD
June 21, 2027 (estimated) 0.2129
March 25, 2027 (estimated) 0.2129
2026
0.83 USD
Dec. 9, 2026 (estimated) 0.2028
Sept. 16, 2026 (estimated) 0.2028
June 8, 2026 0.2100
March 23, 2026 0.2100
2025
0.80 USD
Dec. 9, 2025 0.2000
Sept. 15, 2025 0.2000
June 9, 2025 0.2000
March 24, 2025 0.2000
2024
0.76 USD
Dec. 9, 2024 0.1900
Sept. 16, 2024 0.1900
June 10, 2024 0.1900
March 25, 2024 0.1900
2023
0.72 USD
Dec. 11, 2023 0.1800
Sept. 11, 2023 0.1800
June 12, 2023 0.1800
March 27, 2023 0.1800
2022
0.72 USD
Dec. 12, 2022 0.1800
Sept. 12, 2022 0.1800
June 13, 2022 0.1800
March 28, 2022 0.1800
2021
0.72 USD
Dec. 13, 2021 0.1800
Sept. 13, 2021 0.1800
June 14, 2021 0.1800
March 22, 2021 0.1800
2020
0.72 USD
Dec. 14, 2020 0.1800
Sept. 14, 2020 0.1800
June 15, 2020 0.1800
March 23, 2020 0.1800
2019
0.72 USD
Dec. 16, 2019 0.1800
Sept. 16, 2019 0.1800
June 17, 2019 0.1800
March 25, 2019 0.1800
2018
0.72 USD
Dec. 10, 2018 0.1800
Sept. 17, 2018 0.1800
June 18, 2018 0.1800
March 26, 2018 0.1800
2017
0.72 USD
Dec. 11, 2017 0.1800
Sept. 18, 2017 0.1800
June 20, 2017 0.1800
April 3, 2017 0.1800
2016
0.68 USD
Dec. 12, 2016 0.1700
Sept. 19, 2016 0.1700
June 20, 2016 0.1700
March 28, 2016 0.1700
2015
0.64 USD
Dec. 14, 2015 0.1600
Sept. 21, 2015 0.1600
June 22, 2015 0.1600
March 23, 2015 0.1600
2014
0.60 USD
Dec. 15, 2014 0.1500
Sept. 22, 2014 0.1500
June 23, 2014 0.1500
March 24, 2014 0.1500
2013
0.56 USD
Dec. 16, 2013 0.1400
Sept. 23, 2013 0.1400
June 24, 2013 0.1400
March 25, 2013 0.1400
2012
0.52 USD
Dec. 17, 2012 0.1300
Sept. 24, 2012 0.1300
June 25, 2012 0.1300
March 26, 2012 0.1300
2011
0.48 USD
Dec. 19, 2011 0.1200
Aug. 26, 2011 0.1200
May 31, 2011 0.1200
March 24, 2011 0.1200
2010
0.10 USD
March 25, 2010 0.1000
Upcoming Dividends
Name Payment Date Status Amount
Miller Industries, Inc. Jun 08, 2026 0.21 USD
Miller Industries, Inc. Mar 23, 2026 0.21 USD
Miller Industries, Inc. Dec 09, 2025 0.2 USD
Miller Industries, Inc. Sep 15, 2025 0.2 USD
Stock Splits
Split Date Split Ratio to 1
Oct. 1, 2001 0.200000
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