Miller Industries Management
Management criteria checks 4/4
Miller Industries' CEO is William Miller, appointed in Mar 2011, has a tenure of 13.75 years. total yearly compensation is $3.06M, comprised of 24.9% salary and 75.1% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $1.20M. The average tenure of the management team and the board of directors is 7.9 years and 4.8 years respectively.
Key information
William Miller
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 24.9% |
| CEO tenure | 13.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7.9yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Miller Industries: The Meteoric Rise Continues
Nov 22Capital Investment Trends At Miller Industries (NYSE:MLR) Look Strong
Nov 12
Miller Industries: Shares Can Keep Moving Higher
Aug 16Does Miller Industries (NYSE:MLR) Have A Healthy Balance Sheet?
Jul 16Miller Industries Can Keep Pulling Itself Higher As Conditions Stabilize
May 06Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now
Jan 30Miller Industries: Remains Underfollowed And Undervalued
Jan 24Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18
Nov 17Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation
Oct 09Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
Aug 28Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18
Aug 13Miller Industries: The Market Is Missing This Operating Leverage Story
Jul 22Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
Jun 01Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
May 07Miller Industries Still Has Room To Ride
Feb 08Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18
Nov 13Miller declares $0.18 dividend
Nov 09Miller Industries: Bulls Looking For Momentum To Continue (Technical Analysis)
Sep 13Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 11Miller declares $0.18 dividend
Aug 03Is Miller Industries A Buy Yet?
Jul 05Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18
May 12Palm Valley Capital Fund - Miller Industries: A Solid Balance Sheet
Apr 15Miller Industries: The Risk To Reward Here Is Favorable
Mar 22Miller Industries: A Move Above $34.50 Confirms The Bottom
Jan 04Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18
Nov 07Miller Industries: Close To Confirming An Intermediate Bottom
Aug 20Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18
Aug 08We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet
May 23Temporary Blip For Miller Industries: Keep Buying This Compounder
May 09Miller reports Q1 results
May 05Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?
Mar 29Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend
Mar 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$70m |
| Jun 30 2024 | n/a | n/a | US$72m |
| Mar 31 2024 | n/a | n/a | US$66m |
| Dec 31 2023 | US$3m | US$763k | US$58m |
| Sep 30 2023 | n/a | n/a | US$51m |
| Jun 30 2023 | n/a | n/a | US$39m |
| Mar 31 2023 | n/a | n/a | US$28m |
| Dec 31 2022 | US$3m | US$608k | US$20m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$12m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$689k | US$569k | US$16m |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$28m |
| Mar 31 2021 | n/a | n/a | US$28m |
| Dec 31 2020 | US$760k | US$504k | US$30m |
| Sep 30 2020 | n/a | n/a | US$30m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$36m |
| Dec 31 2019 | US$930k | US$489k | US$39m |
| Sep 30 2019 | n/a | n/a | US$38m |
| Jun 30 2019 | n/a | n/a | US$39m |
| Mar 31 2019 | n/a | n/a | US$36m |
| Dec 31 2018 | US$785k | US$476k | US$34m |
| Sep 30 2018 | n/a | n/a | US$32m |
| Jun 30 2018 | n/a | n/a | US$28m |
| Mar 31 2018 | n/a | n/a | US$26m |
| Dec 31 2017 | US$587k | US$424k | US$23m |
Compensation vs Market: William's total compensation ($USD3.06M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
CEO
William Miller (45 yo)
13.8yrs
Tenure
US$3,057,145
Compensation
Mr. William G. Miller, II had been President of Miller Industries Inc. since March 2011 until March 2022 and had been its Co-Chief Executive Officer since December 2013 until March 7, 2022. He serves as Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 30.7yrs | US$1.84m | 2.66% $ 20.0m | |
| President | 13.8yrs | US$3.06m | 0.16% $ 1.2m | |
| Executive VP | 7.9yrs | US$1.14m | 0.080% $ 599.2k | |
| VP & Chief Information Officer | 7.9yrs | US$751.64k | 0.027% $ 199.8k | |
| President of International & Military | 2.8yrs | US$1.01m | 0.080% $ 599.2k | |
| VP & Chief Revenue Officer | 3.9yrs | US$751.64k | 0.027% $ 199.8k | |
| Executive VP | 30.7yrs | US$374.75k | 0.027% $ 199.8k | |
| VP & Chief Manufacturing Officer | 3.9yrs | US$725.91k | 0.027% $ 199.8k |
7.9yrs
Average Tenure
63yo
Average Age
Experienced Management: MLR's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 30.7yrs | US$1.84m | 2.66% $ 20.0m | |
| President | 10.6yrs | US$3.06m | 0.16% $ 1.2m | |
| Independent Director | 30.7yrs | US$211.27k | 0.65% $ 4.9m | |
| Independent Director | 4.8yrs | US$206.27k | 0.063% $ 475.7k | |
| Lead Independent Director | 14.7yrs | US$204.27k | 0.14% $ 1.1m | |
| Independent Director | 1.8yrs | US$168.00k | 0.024% $ 181.0k | |
| Independent Director | 1.8yrs | US$168.00k | 0.024% $ 181.0k | |
| Independent Director | 1.8yrs | US$168.00k | 0.024% $ 181.0k | |
| Independent Director | 1.8yrs | US$168.00k | 0.024% $ 181.0k |
4.8yrs
Average Tenure
60yo
Average Age
Experienced Board: MLR's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:34 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Miller Industries, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Shlisky | D.A. Davidson & Co. |
| Vadim Merkulov | Freedom Broker |
| Dmitriy Pozdnyakov | Freedom Broker |