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Miller Industries share price today

Miller Industries, Inc. · MLR · Consumer Discretionary · Auto Parts · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Miller Industries share price: $52.07 at the close on 4 November 2026, +32.3% in a year.

Getting worseBusiness trend from the last 12 quarters
$52.07Price +32.3% in a year
34.5×P/E over 1 year
$240 MRevenue (Jun 2026) +12.1% on a year ago
$7.3 MProfit (Jun 2026) −14.1% on a year ago
4.5%Operating margin −0.7 points on a year ago
6%ROE FY25
5.0%ROIC against a 11.2% cost of capital: −6.2 points

Miller Industries, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +32.3% in a year while yearly earnings per share moved −63.8%. The difference came from the market paying a higher multiple.

The price has been between phases. Over the last four quarters, results have been deteriorating, with profit −14.1% on a year earlier, and 87% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Miller Industries share price today?

Miller Industries, Inc.'s share price was $52.07 at the close on 4 November 2026. That is 6.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $37 and $57, and at that close it sat 74% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running.

Nov 2026: $52.07, 6.0% above its 200-day average.

  • Price $52.07
  • 50-day avg $53.62
  • 200-day avg $49.11
Nov 2026: $52.07, 6.0% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$45.03––
18 Jul 2025$42.33––
25 Jul 2025$43.65––
1 Aug 2025$40.19––
8 Aug 2025$39.75––
15 Aug 2025$43.00––
22 Aug 2025$44.86––
29 Aug 2025$42.09––
5 Sep 2025$41.78––
12 Sep 2025$39.75––
19 Sep 2025$38.19$41.98–
26 Sep 2025$39.47$41.50–
3 Oct 2025$40.50$41.24–
10 Oct 2025$39.56$41.03–
17 Oct 2025$40.16$41.04–
24 Oct 2025$40.86$40.93–
31 Oct 2025$40.14$40.65–
7 Nov 2025$39.37$40.20–
14 Nov 2025$37.77$39.88–
21 Nov 2025$37.18$39.48–
28 Nov 2025$38.74$39.37–
5 Dec 2025$38.18$39.28–
12 Dec 2025$39.11$39.09–
19 Dec 2025$37.20$38.89–
26 Dec 2025$38.15$38.68–
2 Jan 2026$37.44$38.44–
9 Jan 2026$39.59$38.27–
16 Jan 2026$41.00$38.29–
23 Jan 2026$40.53$38.42–
30 Jan 2026$40.97$38.72–
6 Feb 2026$44.60$39.38–
13 Feb 2026$44.43$39.98–
20 Feb 2026$43.50$40.41–
27 Feb 2026$42.03$40.79–
6 Mar 2026$45.96$41.50–
13 Mar 2026$43.88$42.14–
20 Mar 2026$43.15$42.70–
27 Mar 2026$45.20$43.22–
2 Apr 2026$45.69$43.62–
10 Apr 2026$48.90$44.28–
17 Apr 2026$47.53$44.81–
24 Apr 2026$47.59$45.14$41.59
1 May 2026$47.83$45.52$41.67
8 May 2026$48.07$46.11$41.81
15 May 2026$46.74$46.40$41.92
22 May 2026$46.56$46.57$42.06
29 May 2026$47.91$46.92$42.21
5 Jun 2026$47.48$47.28$42.33
12 Jun 2026$48.61$47.58$42.44
18 Jun 2026$49.77$47.83$42.58
26 Jun 2026$52.93$48.11$42.83
2 Jul 2026$49.01$48.39$43.04
10 Jul 2026$48.99$48.50$43.27
17 Jul 2026$49.64$48.65$43.52
24 Jul 2026$51.39$48.92$43.78
31 Jul 2026$50.30$49.30$44.05
7 Aug 2026$54.54$49.82$44.33
14 Aug 2026$56.86$50.56$44.71
21 Aug 2026$57.20$51.41$45.11
28 Aug 2026$56.73$52.24$45.56
4 Sep 2026$56.06$52.73$46.00
11 Sep 2026$54.72$52.98$46.37
18 Sep 2026$53.89$53.59$46.78
25 Sep 2026$54.04$54.07$47.18
2 Oct 2026$54.39$54.39$47.56
9 Oct 2026$52.46$54.64$47.95
16 Oct 2026$51.47$54.72$48.30
23 Oct 2026$51.47$54.41$48.65
30 Oct 2026$50.83$53.92$48.94
4 Nov 2026$52.07$53.62$49.11
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 30 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−16.9%
17 Oct 2025−11.0%
24 Oct 2025−12.7%
31 Oct 2025−9.8%
7 Nov 2025−6.3%
14 Nov 2025−16.6%
21 Nov 2025−19.2%
28 Nov 2025−13.9%
5 Dec 2025−14.6%
12 Dec 2025−5.3%
19 Dec 2025−5.1%
26 Dec 2025−7.6%
2 Jan 2026−9.6%
9 Jan 2026−6.2%
16 Jan 2026−2.0%
23 Jan 2026−2.6%
30 Jan 2026+0.6%
6 Feb 2026+10.4%
13 Feb 2026+16.2%
20 Feb 2026+12.4%
27 Feb 2026+8.1%
6 Mar 2026+22.3%
13 Mar 2026+15.1%
20 Mar 2026+20.7%
27 Mar 2026+26.6%
2 Apr 2026+26.0%
10 Apr 2026+25.6%
17 Apr 2026+13.3%
24 Apr 2026+13.8%
1 May 2026+12.6%
8 May 2026+1.0%
15 May 2026−3.2%
22 May 2026−1.1%
29 May 2026+3.7%
5 Jun 2026−6.4%
12 Jun 2026−1.2%
18 Jun 2026+0.2%
26 Jun 2026+2.1%
2 Jul 2026−6.3%
10 Jul 2026−10.9%
17 Jul 2026−0.2%
24 Jul 2026+4.5%
31 Jul 2026+1.5%
7 Aug 2026+8.6%
14 Aug 2026+16.6%
21 Aug 2026+20.2%
28 Aug 2026+16.7%
4 Sep 2026+13.6%
11 Sep 2026+9.5%
18 Sep 2026+6.3%
25 Sep 2026−3.7%
2 Oct 2026+7.6%
9 Oct 2026+4.0%
16 Oct 2026+1.0%
23 Oct 2026−2.7%
30 Oct 2026−0.1%
4 Nov 2026−3.7%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +16% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Miller Industries pay?

Miller Industries, Inc. paid $0.82 per share over the last four reported quarters. The most recent declaration was $0.21 for Jun 2026. At today's price of $52.07 that is a yield of 1.57%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.21 (Jun 2026)

  • Dividend per share $0.21
Dividend per share each quarter: latest $0.21 (Jun 2026)
QuarterDividend per share
Sep 2023$0.18
Dec 2023$0.18
Mar 2024$0.19
Jun 2024$0.19
Sep 2024$0.19
Dec 2024$0.19
Mar 2025$0.20
Jun 2025$0.20
Sep 2025$0.20
Dec 2025$0.20
Mar 2026$0.21
Jun 2026$0.21
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Miller Industries on?

Miller Industries is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Miller Industries profitable?

Miller Industries, Inc. earned $7.3 M of net profit in the Jun 2026 quarter, −14.1% on the same quarter a year earlier. Full-year FY25 profit was $23.0 M. Over 4 years profit has grown 9.1% a year on average. That is 3.0% of the quarter's revenue. The same quarter a year earlier earned $8.5 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was $23.0 M (−63.8% on the year before).

FY25 profit $23.0 M (−63.8% on the year before), 9.1% a year over 4 years

  • Net profit $23.0 M
FY25 profit $23.0 M (−63.8% on the year before), 9.1% a year over 4 years
QuarterNet profit
FY21$16.3 M
FY22$20.3 M
FY23$58.3 M
FY24$63.5 M
FY25$23.0 M

Growth on a year earlier

  • Growth on a year earlier −63.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2225.2%
FY23186.5%
FY248.9%
FY25−63.8%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $7.3 M (−14.1% on a year earlier)

  • Net profit (quarterly) $7.3 M
Jun 2026: $7.3 M (−14.1% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$17.5 M
Dec 2023$16.7 M
Mar 2024$17.0 M
Jun 2024$20.5 M
Sep 2024$15.4 M
Dec 2024$10.5 M
Mar 2025$8.1 M
Jun 2025$8.5 M
Sep 2025$3.1 M
Dec 2025$3.4 M
Mar 2026$0.6 M
Jun 2026$7.3 M

Growth on a year earlier

  • Growth on a year earlier −14.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023233.7%
Dec 202379.7%
Mar 202484.6%
Jun 202437.5%
Sep 2024−11.7%
Dec 2024−36.9%
Mar 2025−52.6%
Jun 2025−58.8%
Sep 2025−80%
Dec 2025−67.6%
Mar 2026−93.1%
Jun 2026−14.1%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +12.1% on a year earlier and the margin moved −0.7 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −63.7% and revenue −18.3%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Miller Industries make, and is it growing?

Miller Industries, Inc. reported $240 M of revenue in the Jun 2026 quarter, +12.1% on the same quarter a year earlier. Over 4 years it has grown 2.4% a year on average. The last full year, FY25, came in at $790 M. The last four reported quarters add to $771 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $790 M, −37.2% on the year before.

FY25 revenue $790 M (−37.2% on the year before), 2.4% a year over 4 years

  • Revenue $790 M
FY25 revenue $790 M (−37.2% on the year before), 2.4% a year over 4 years
QuarterRevenue
FY21$717 M
FY22$848 M
FY23$1.2 B
FY24$1.3 B
FY25$790 M

Growth on a year earlier

  • Growth on a year earlier −37.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2218.3%
FY2335.9%
FY249%
FY25−37.2%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $240 M (+12.1% on a year earlier)

  • Revenue (quarterly) $240 M
Jun 2026: $240 M (+12.1% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$275 M
Dec 2023$296 M
Mar 2024$350 M
Jun 2024$371 M
Sep 2024$314 M
Dec 2024$222 M
Mar 2025$226 M
Jun 2025$214 M
Sep 2025$179 M
Dec 2025$172 M
Mar 2026$181 M
Jun 2026$240 M

Growth on a year earlier

  • Growth on a year earlier 12.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202333.6%
Dec 202331.2%
Mar 202423.9%
Jun 202423.7%
Sep 202414.5%
Dec 2024−25.1%
Mar 2025−35.5%
Jun 2025−42.4%
Sep 2025−43.1%
Dec 2025−22.5%
Mar 2026−19.8%
Jun 202612.1%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −18.3% on average, against 2.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −20.9%, against −22.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −66.3%, against −55.3% a year (rolling over).

How much of every $100 of sales does Miller Industries keep?

Miller Industries, Inc.'s operating margin was 4.5% in the Jun 2026 quarter, 0.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 3.3% and 6.8%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.7 percentage points on the year while gross margin changed −1.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY25: 4.0%, within a range of 3.3% to 6.8% over 5 years

  • Operating margin 4.0%
FY25: 4.0%, within a range of 3.3% to 6.8% over 5 years
QuarterOperating margin
FY213.3%
FY223.5%
FY236.8%
FY246.7%
FY254%

Change on the year before (points)

  • Change on the year before (points) −2.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+0.2 pts
FY23+3.3 pts
FY24−0.1 pts
FY25−2.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 4.5% (−0.7 points on a year earlier)

  • Operating margin 4.5%
Jun 2026: operating margin 4.5% (−0.7 points on a year earlier)
QuarterOperating margin
Sep 20238.6%
Dec 20237.5%
Mar 20246.5%
Jun 20247.6%
Sep 20246.3%
Dec 20246.2%
Mar 20254.7%
Jun 20255.2%
Sep 20252.8%
Dec 20252.7%
Mar 20261%
Jun 20264.5%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.7 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+4.5 pts
Dec 2023+2.0 pts
Mar 2024+2.1 pts
Jun 2024+0.8 pts
Sep 2024−2.3 pts
Dec 2024−1.3 pts
Mar 2025−1.8 pts
Jun 2025−2.4 pts
Sep 2025−3.5 pts
Dec 2025−3.5 pts
Mar 2026−3.7 pts
Jun 2026−0.7 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Miller Industries' profit turning into cash?

Over the last 3 years, 87% of Miller Industries, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $98.7 M of operating cash against $23.0 M of profit. After $13.7 M of spending on assets, $85.0 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $98.7 M against profit $23.0 M; 87% of 3 years' profit came in as cash

  • Operating cash $98.7 M
  • Net profit $23.0 M
  • Free cash $85.0 M
FY25: operating cash $98.7 M against profit $23.0 M; 87% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$15.3 M$16.3 M$6.1 M
FY22−$19.2 M$20.3 M−$48.1 M
FY23$11.0 M$58.3 M−$1.1 M
FY24$16.9 M$63.5 M$1.5 M
FY25$98.7 M$23.0 M$85.0 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $32.2 M = 443% of the quarter's profit

  • Operating cash (quarterly) $32.2 M
Jun 2026: operating cash $32.2 M = 443% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$1.3 M
Dec 2023$6.8 M
Mar 2024$9.0 M
Jun 2024−$10.7 M
Sep 2024$30.3 M
Dec 2024−$11.7 M
Mar 2025$2.7 M
Jun 2025$27.2 M
Sep 2025$19.9 M
Dec 2025$48.9 M
Mar 2026$30.7 M
Jun 2026$32.2 M

Operating cash as % of profit

  • Operating cash as % of profit 443%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 20237%
Dec 202340%
Mar 202453%
Jun 2024−52%
Sep 2024196%
Dec 2024−111%
Mar 202534%
Jun 2025322%
Sep 2025646%
Dec 20251,433%
Mar 20265,540%
Jun 2026443%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Miller Industries' cash go?

Miller Industries, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $41.2 M on assets over the last 3 years. Averaged over those years that is 1.7% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $41.2 M over the last 3 years.

FY25: capex $13.7 M, steady spending

  • Capex $13.7 M
FY25: capex $13.7 M, steady spending
QuarterCapex
FY21$9.2 M
FY22$28.9 M
FY23$12.1 M
FY24$15.4 M
FY25$13.7 M
Capital spending each year, $ M.

Jun 2026: capex $4.2 M in the quarter

  • Capex (quarterly) $4.2 M
Jun 2026: capex $4.2 M in the quarter
QuarterCapex (quarterly)
Sep 2023$3.1 M
Dec 2023$2.4 M
Mar 2024$4.7 M
Jun 2024$3.1 M
Sep 2024$6.3 M
Dec 2024$1.3 M
Mar 2025$5.1 M
Jun 2025$1.7 M
Sep 2025$1.8 M
Dec 2025$5.1 M
Mar 2026$7.9 M
Jun 2026$4.2 M

Free cash

  • Free cash $28.0 M
Free cash
QuarterFree cash
Sep 2023−$1.8 M
Dec 2023$4.4 M
Mar 2024$4.3 M
Jun 2024−$13.8 M
Sep 2024$24.0 M
Dec 2024−$13.0 M
Mar 2025−$2.4 M
Jun 2025$25.6 M
Sep 2025$18.1 M
Dec 2025$43.8 M
Mar 2026$22.8 M
Jun 2026$28.0 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Miller Industries' P/E ratio, and how does it compare with its own history?

Miller Industries, Inc.'s P/E is 34.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 34.5× against a usual —: with too little history to compare

  • P/E 41.8×
P/E 34.5× against a usual —: with too little history to compare
WeekP/E
11 Jul 202512.3×
18 Jul 202511.6×
25 Jul 202511.9×
1 Aug 202511.0×
8 Aug 202510.9×
15 Aug 202511.8×
22 Aug 202512.3×
29 Aug 202511.5×
5 Sep 202511.4×
12 Sep 202510.9×
19 Sep 202510.4×
26 Sep 202510.8×
3 Oct 202515.6×
10 Oct 202515.3×
17 Oct 202515.5×
24 Oct 202515.8×
31 Oct 202515.5×
7 Nov 202515.2×
14 Nov 202514.6×
21 Nov 202514.3×
28 Nov 202514.9×
5 Dec 202514.7×
12 Dec 202515.1×
19 Dec 202514.3×
26 Dec 202514.7×
2 Jan 202618.8×
9 Jan 202619.9×
16 Jan 202620.6×
23 Jan 202620.4×
30 Jan 202620.6×
6 Feb 202622.4×
13 Feb 202622.4×
20 Feb 202621.9×
27 Feb 202621.1×
6 Mar 202623.1×
13 Mar 202622.1×
20 Mar 202621.7×
27 Mar 202622.8×
2 Apr 202634.0×
10 Apr 202636.4×
17 Apr 202635.3×
24 Apr 202635.4×
1 May 202635.6×
8 May 202635.7×
15 May 202634.8×
22 May 202634.6×
29 May 202635.6×
5 Jun 202635.3×
12 Jun 202636.1×
18 Jun 202637.0×
26 Jun 202639.4×
2 Jul 202639.4×
10 Jul 202639.4×
17 Jul 202639.9×
24 Jul 202641.3×
31 Jul 202640.4×
7 Aug 202643.8×
14 Aug 202645.7×
21 Aug 202645.7×
28 Aug 202645.6×
4 Sep 202645.0×
11 Sep 202644.0×
18 Sep 202643.3×
25 Sep 202643.4×
2 Oct 202643.7×
9 Oct 202642.1×
16 Oct 202641.3×
23 Oct 202641.3×
30 Oct 202640.8×
4 Nov 202641.8×

Earnings per share, 12 months

  • Earnings per share, 12 months $1.25
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$3.65
3 Oct 2025$3.65
10 Oct 2025$3.65
17 Oct 2025$3.65
24 Oct 2025$3.65
31 Oct 2025$3.65
7 Nov 2025$3.65
14 Nov 2025$3.65
21 Nov 2025$3.65
28 Nov 2025$3.65
5 Dec 2025$3.65
12 Dec 2025$3.65
19 Dec 2025$3.65
26 Dec 2025$2.59
2 Jan 2026$2.59
9 Jan 2026$2.59
16 Jan 2026$2.59
23 Jan 2026$2.59
30 Jan 2026$2.59
6 Feb 2026$2.59
13 Feb 2026$2.59
20 Feb 2026$2.59
27 Feb 2026$2.59
6 Mar 2026$2.59
13 Mar 2026$2.59
20 Mar 2026$2.59
27 Mar 2026$1.99
2 Apr 2026$1.99
10 Apr 2026$1.99
17 Apr 2026$1.99
24 Apr 2026$1.99
1 May 2026$1.99
8 May 2026$1.99
15 May 2026$1.99
22 May 2026$1.99
29 May 2026$1.99
5 Jun 2026$1.99
12 Jun 2026$1.99
18 Jun 2026$1.99
26 Jun 2026$1.34
2 Jul 2026$1.34
10 Jul 2026$1.34
17 Jul 2026$1.34
24 Jul 2026$1.34
31 Jul 2026$1.34
7 Aug 2026$1.34
14 Aug 2026$1.34
21 Aug 2026$1.34
28 Aug 2026$1.34
4 Sep 2026$1.34
11 Sep 2026$1.34
18 Sep 2026$1.34
25 Sep 2026$1.25
2 Oct 2026$1.25
9 Oct 2026$1.25
16 Oct 2026$1.25
23 Oct 2026$1.25
30 Oct 2026$1.25
4 Nov 2026$1.25
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 46× are drawn at the top edge.

PEG 0.92 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.92×
  • PEG = 1.0 1.00×
PEG 0.92 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Dec 20240.68×1.00×
Mar 20252.41×1.00×
Jun 20252.23×1.00×
Sep 20256.00×1.00×
Dec 20256.00×1.00×
Mar 20261.45×1.00×
Jun 20260.92×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 7 quarters; values above 6 are drawn at the top edge.
34.5×P/E · too little history to compare
0.97PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −63.8% while the price moved +32.3%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Miller Industries business getting better or worse?

Miller Industries, Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −20.9% in the latest quarter, against +35.9% at its best in 12 quarters, with ROCE falling at 4.9%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −37.2% in FY25, profit −63.8%

  • Revenue growth −37.2%
Growth year by year: revenue −37.2% in FY25, profit −63.8%
QuarterRevenue growth
FY21–
FY2218.3%
FY2335.9%
FY249%
FY25−37.2%

Profit growth, EPS growth

  • Profit growth −63.8%
  • EPS growth −63.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY2225.2%25.4%
FY23186.5%184.8%
FY248.9%7.9%
FY25−63.8%−63.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue −20.9%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 202331.4%
Dec 202335.9%
Mar 202433.4%
Jun 202427.4%
Sep 202423%
Dec 20249%
Mar 2025−7.2%
Jun 2025−24.5%
Sep 2025−36.9%
Dec 2025−37.2%
Mar 2026−34.2%
Jun 2026−20.9%

Profit, EPS

  • Profit −66.3%
  • EPS −65.9%
Profit, EPS
QuarterProfitEPS
Sep 2023269.6%269.7%
Dec 2023186.5%185.2%
Mar 2024140.3%138.4%
Jun 202485.4%84.9%
Sep 202436.9%36.3%
Dec 20248.9%8.2%
Mar 2025−17.5%−17.9%
Jun 2025−40.7%−41.3%
Sep 2025−56.7%−57%
Dec 2025−63.8%−63.8%
Mar 2026−71.6%−71.4%
Jun 2026−66.3%−65.9%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 4.9%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 202421.5%
Dec 202419.2%
Mar 202516%
Jun 202511.9%
Sep 20258.7%
Dec 20256.8%
Mar 20264.9%
Jun 20264.9%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RecoveringRevenue growth · latest −20.9%, range −37.2% to +35.9%
FallingProfit growth · latest −66.3%, range −71.6% to +269.6%
FlatEPS growth · latest −65.9%, range −71.4% to +269.7%
FallingROCE · latest 4.9%, range 4.9% to 21.5%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−37.2%−2.3%——
Profit−63.8%+4.2%——
EPS−63.8%+3.6%——
Stock price+32.3%———
+12.1%Revenue growth (Jun 2026) · latest quarter against a year ago
−14.1%Profit growth (Jun 2026) · latest quarter against a year ago
2.4%Revenue, 4 years · yearly growth over the long run

How much does Miller Industries earn on its capital?

Miller Industries, Inc. earned a ROE of 6% in FY25. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.9% net margin and 1.34× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 2.9% net margin × 1.34× asset turnover × 1.40× leverage (assets divided by equity) ≈ 5.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 5.0% − 11.2% = −6.2 percentage points. The 11.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY25: ROE 6%, the full history

  • ROE 5.5%
  • ROIC (annual) 5.4%
  • Cost of capital 11.2%
FY25: ROE 6%, the full history
QuarterROEROIC (annual)Cost of capital
FY215.7%7.7%11.2%
FY226.9%8.8%11.2%
FY2316.8%18.4%11.2%
FY2415.8%16.3%11.2%
FY255.5%5.4%11.2%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 11.2% cost of capital used on this page.

Jun 2026: ROIC 3.5% (last 12 months) against a 11.2% cost of capital

  • ROIC (12 months) 3.5%
  • ROE (12 months) 0.5%
  • Cost of capital 11.2%
Jun 2026: ROIC 3.5% (last 12 months) against a 11.2% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 202313.5%19.3%11.2%
Dec 202316.5%21.6%11.2%
Mar 202418%19.6%11.2%
Jun 202419.5%19.2%11.2%
Sep 202420.1%22.1%11.2%
Dec 202418.5%15.9%11.2%
Mar 202516.4%10.6%11.2%
Jun 202513.5%8%11.2%
Sep 202510%8.2%11.2%
Dec 20257.2%2.9%11.2%
Mar 20265.2%3.2%11.2%
Jun 20263.5%0.5%11.2%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Miller Industries have too much debt?

Miller Industries, Inc. has total debt of $5.7 M against shareholder equity of $420 M as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.00 in FY21 to 0.08 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $33.6 M, 0.08× equity

  • Total debt $33.6 M
FY25: debt $33.6 M, 0.08× equity
QuarterTotal debt
FY21$1.2 M
FY22$45.9 M
FY23$60.8 M
FY24$65.5 M
FY25$33.6 M

Debt-to-equity

  • Debt-to-equity 0.08×
Debt-to-equity
QuarterDebt-to-equity
FY210.00×
FY220.16×
FY230.17×
FY240.16×
FY250.08×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $5.7 M, debt-to-equity 0.01

  • Total debt (quarterly) $5.7 M
Jun 2026: debt $5.7 M, debt-to-equity 0.01
QuarterTotal debt (quarterly)
Sep 2023$60.7 M
Dec 2023$60.8 M
Mar 2024$55.7 M
Jun 2024$70.7 M
Sep 2024$65.6 M
Dec 2024$65.5 M
Mar 2025$75.5 M
Jun 2025$55.4 M
Sep 2025$45.4 M
Dec 2025$33.6 M
Mar 2026$25.0 M
Jun 2026$5.7 M

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.18×
Dec 20230.17×
Mar 20240.15×
Jun 20240.19×
Sep 20240.17×
Dec 20240.16×
Mar 20250.19×
Jun 20250.13×
Sep 20250.11×
Dec 20250.08×
Mar 20260.06×
Jun 20260.01×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Miller Industries shareholding pattern?

4.0% of Miller Industries, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

4.0%Short interest · of the tradable float
5.8Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Miller Industries from balance-sheet trouble?

For Miller Industries, Inc., the Z-score is 4.10. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 4.10 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Miller Industries rank in its industry?

There is no score against its industry: Miller Industries, Inc. is not among the largest members shown in this industry comparison for Auto Parts.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Miller Industries compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Miller Industries in size?

Miller Industries is the 32nd largest of 43 Auto Parts companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Standard Motor Products, Inc., Douglas Dynamics, Inc. and Fox Factory Holding Corp. Just below it: Hyliion Holdings Corp., Solid Power, Inc. and Cooper-Standard Holdings Inc.

Auto Parts companies close in size

  1. Standard Motor Products, Inc. $1 billion
  2. Douglas Dynamics, Inc. $880 million
  3. Fox Factory Holding Corp. $730 million
  4. Miller Industries, Inc. $591 million
  5. Hyliion Holdings Corp. $536 million
  6. Solid Power, Inc. $514 million
  7. Cooper-Standard Holdings Inc. $392 million

All 43 Auto Parts companies, largest first

Companies close in size in other industries

  1. Weave Communications, Inc. $592 million · Health Information Services
  2. Crescent Biopharma, Inc. $592 million · Biotechnology
  3. Miller Industries, Inc. $591 million
  4. Kearny Financial Corp. $589 million · Banks - Regional
  5. BlueLinx Holdings Inc. $586 million · Industrial Distribution

What else do people ask about Miller Industries?

What were Miller Industries's latest quarterly results?

Miller Industries, Inc. reported revenue of $240 M and net profit of $7.3 M for the Jun 2026 quarter. Revenue rose 12.1% and profit fell 14.1% compared with a year earlier. Earnings per share were $0.63.

The operating margin was 4.5%, 0.7 percentage points lower than a year earlier (as of 4 November 2026).

What is Miller Industries's market cap?

Miller Industries, Inc.'s market capitalisation is $591 M at a stock price of $52.07. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Miller Industries performing?

Miller Industries, Inc.'s latest readings are below. In its latest quarter, revenue rose 12.1% and profit fell 14.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 3 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Miller Industries's stock price go up?

This page does not forecast Miller Industries, Inc.'s stock price. What it shows instead: the stock price is $52.07. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Miller Industries in its business cycle?

Miller Industries, Inc.'s FY25 operating margin was 4.0%, against a 5-year range of 3.3% to 6.8%: the low end of its own range, which is often where recoveries start. The latest quarter was 4.5%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Miller Industries story?

The main question: the share price moved +32.3% in a year while yearly earnings per share moved −63.8%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Miller Industries a stock worth studying right now?

What the numbers show: Miller Industries, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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