# Miller Industries share price today (Miller Industries, Inc., MLR)

> Miller Industries, Inc.'s share price has risen faster than its earnings: +30.1% in a year, against −63.8% for earnings per share. MLR · Consumer Discretionary · Auto Parts · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mlr

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $52.24 (+30.1% in a year)
- P/E: 42.1× (higher than 86% of the last 1 year)
- Revenue (Jun 2026): $240 M (+12.1% on a year ago)
- Profit (Jun 2026): $7.3 M (−14.1% on a year ago)
- Operating margin: 4.5% (−0.7 points on a year ago)
- ROE: 6%, FY25
- ROIC: 4.0%, against a 10.9% cost of capital: −6.9 points

The main question: the share price moved +30.1% in a year while yearly earnings per share moved −63.8%. The difference came from the market paying a higher multiple. ## What is the Miller Industries share price today? Miller Industries, Inc.'s share price was $52.24 at the close on 3 November 2026. That is 6.5% 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 75% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running. Over the last 1 year the share price moved +16% while the S&P 500 moved +21%, 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 $52.24 that is a yield of 1.57%, based on dividends already paid, not a forecast. ## 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. For the full year, FY25 profit was $23.0 M (−63.8% on the year 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. FY25 revenue was $790 M, −37.2% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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 42.1×, near the high end of its own history: higher than 86% of past readings. Its usual P/E (the middle reading) is 22.4×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −63.8% while the price moved +30.1%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is high against its own past, 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. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## 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 6.9 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). 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: 4.0% − 10.9% = −6.9 percentage points. The 10.9% 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. The 4.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 5.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## 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. ## 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. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds 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. 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 3 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.](https://www.sectoralpha.in/us/stocks/smp) $1 billion
2. [Douglas Dynamics, Inc.](https://www.sectoralpha.in/us/stocks/plow) $846 million
3. [Fox Factory Holding Corp.](https://www.sectoralpha.in/us/stocks/foxf) $680 million
4. Miller Industries, Inc. $593 million
5. [Hyliion Holdings Corp.](https://www.sectoralpha.in/us/stocks/hyln) $563 million
6. [Solid Power, Inc.](https://www.sectoralpha.in/us/stocks/sldp) $463 million
7. [Cooper-Standard Holdings Inc.](https://www.sectoralpha.in/us/stocks/cps) $365 million

[All 43 Auto Parts companies, largest first](https://www.sectoralpha.in/us/sectors/auto-parts#all-companies)

### Companies close in size in other industries

1. [Invesco Mortgage Capital Inc.](https://www.sectoralpha.in/us/stocks/ivr) $583 million · REIT - Mortgage
2. [Limbach Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lmb) $577 million · Building Products & Equipment
3. Miller Industries, Inc. $577 million
4. [Unity Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/unty) $577 million · Banks - Regional
5. [Crescent Biopharma, Inc.](https://www.sectoralpha.in/us/stocks/cbio) $577 million · Biotechnology

## 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 3 November 2026). ### What is Miller Industries's market cap? Miller Industries, Inc.'s market capitalisation is $593 M at a stock price of $52.24. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 3 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 $52.24. Its P/E of 42.1× is higher than 86% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 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 3 November 2026). ### What could break the Miller Industries story? The main question: the share price moved +30.1% 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 3 November 2026). ### Is Miller Industries a stock worth studying right now? What the numbers show: Miller Industries, Inc.'s share price has risen faster than its earnings: +30.1% in a year, against −63.8% for earnings per share. 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 3 November 2026). This is research, not advice. We’re not SEBI-registered.