Miller Industries, Inc.

NYSE:MLR Stock Report

Market Cap: US$779.1m

Miller Industries Management

Management criteria checks 4/4

Miller Industries' CEO is William Miller, appointed in Mar 2011, has a tenure of 13.83 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 $1.24M. The average tenure of the management team and the board of directors is 8 years and 4.9 years respectively.

Key information

William Miller

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage24.9%
CEO tenure13.8yrs
CEO ownership0.2%
Management average tenure8yrs
Board average tenure4.9yrs

Recent management updates

We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

May 23
We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

Recent updates

We Think Miller Industries (NYSE:MLR) Can Stay On Top Of Its Debt

Jan 18
We Think Miller Industries (NYSE:MLR) Can Stay On Top Of Its Debt

Miller Industries: The Meteoric Rise Continues

Nov 22

Capital Investment Trends At Miller Industries (NYSE:MLR) Look Strong

Nov 12
Capital Investment Trends At Miller Industries (NYSE:MLR) Look Strong

Miller Industries: Shares Can Keep Moving Higher

Aug 16

Does Miller Industries (NYSE:MLR) Have A Healthy Balance Sheet?

Jul 16
Does Miller Industries (NYSE:MLR) Have A Healthy Balance Sheet?

Miller Industries Can Keep Pulling Itself Higher As Conditions Stabilize

May 06

Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now

Jan 30

Miller Industries: Remains Underfollowed And Undervalued

Jan 24

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Nov 17
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation

Oct 09

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Aug 28
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Aug 13
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: The Market Is Missing This Operating Leverage Story

Jul 22

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Jun 01
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

May 07
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries Still Has Room To Ride

Feb 08

Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Nov 13
Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Miller declares $0.18 dividend

Nov 09

Miller Industries: Bulls Looking For Momentum To Continue (Technical Analysis)

Sep 13

Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 11
Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Miller declares $0.18 dividend

Aug 03

Is Miller Industries A Buy Yet?

Jul 05

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

May 12
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Palm Valley Capital Fund - Miller Industries: A Solid Balance Sheet

Apr 15

Miller Industries: The Risk To Reward Here Is Favorable

Mar 22

Miller Industries: A Move Above $34.50 Confirms The Bottom

Jan 04

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Nov 07
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Miller Industries: Close To Confirming An Intermediate Bottom

Aug 20

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

Aug 08
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

May 23
We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

Temporary Blip For Miller Industries: Keep Buying This Compounder

May 09

Miller reports Q1 results

May 05

Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Mar 29
Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

Mar 07
Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

CEO Compensation Analysis

How has William Miller's remuneration changed compared to Miller Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$70m

Jun 30 2024n/an/a

US$72m

Mar 31 2024n/an/a

US$66m

Dec 31 2023US$3mUS$763k

US$58m

Sep 30 2023n/an/a

US$51m

Jun 30 2023n/an/a

US$39m

Mar 31 2023n/an/a

US$28m

Dec 31 2022US$3mUS$608k

US$20m

Sep 30 2022n/an/a

US$14m

Jun 30 2022n/an/a

US$12m

Mar 31 2022n/an/a

US$15m

Dec 31 2021US$689kUS$569k

US$16m

Sep 30 2021n/an/a

US$26m

Jun 30 2021n/an/a

US$28m

Mar 31 2021n/an/a

US$28m

Dec 31 2020US$760kUS$504k

US$30m

Sep 30 2020n/an/a

US$30m

Jun 30 2020n/an/a

US$31m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$930kUS$489k

US$39m

Sep 30 2019n/an/a

US$38m

Jun 30 2019n/an/a

US$39m

Mar 31 2019n/an/a

US$36m

Dec 31 2018US$785kUS$476k

US$34m

Compensation vs Market: William's total compensation ($USD3.06M) is about average for companies of similar size in the US market ($USD3.22M).

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

NamePositionTenureCompensationOwnership
William Miller
Founder & Executive Chairman30.8yrsUS$1.84m2.66%
$ 20.8m
William Miller
President13.8yrsUS$3.06m0.16%
$ 1.2m
Deborah Whitmire
Executive VP8yrsUS$1.14m0.080%
$ 621.2k
Josias Reyneke
VP & Chief Information Officer8yrsUS$751.64k0.027%
$ 207.1k
Jeffrey Badgley
President of International & Military2.8yrsUS$1.01m0.080%
$ 621.2k
Vincent Tiano
VP & Chief Revenue Officer4yrsUS$751.64k0.027%
$ 207.1k
Frank Madonia
Executive VP30.8yrsUS$374.75k0.027%
$ 207.1k
Jamison Linden
VP & Chief Manufacturing Officer4yrsUS$725.91k0.027%
$ 207.1k

8.0yrs

Average Tenure

63yo

Average Age

Experienced Management: MLR's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Miller
Founder & Executive Chairman30.8yrsUS$1.84m2.66%
$ 20.8m
William Miller
President10.7yrsUS$3.06m0.16%
$ 1.2m
A. Chandler
Independent Director30.8yrsUS$211.27k0.65%
$ 5.1m
Leigh Walton
Independent Director4.9yrsUS$206.27k0.063%
$ 493.2k
Theodore Ashford
Lead Independent Director14.8yrsUS$204.27k0.14%
$ 1.1m
Jill Sutton
Independent Director1.8yrsUS$168.00k0.024%
$ 187.6k
Susan Sweeney
Independent Director1.8yrsUS$168.00k0.024%
$ 187.6k
Javier Reyes
Independent Director1.8yrsUS$168.00k0.024%
$ 187.6k
Peter Jackson
Independent Director1.8yrsUS$168.00k0.024%
$ 187.6k

4.9yrs

Average Tenure

60yo

Average Age

Experienced Board: MLR's board of directors are considered experienced (4.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:00
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Michael ShliskyD.A. Davidson & Co.
Vadim MerkulovFreedom Broker
Dmitriy PozdnyakovFreedom Broker