Miller Industries, Inc.

NYSE:MLR Stock Report

Market Cap: US$760.2m

Miller Industries Past Earnings Performance

Past criteria checks 4/6

Miller Industries has been growing earnings at an average annual rate of 11.5%, while the Machinery industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 11% per year. Miller Industries's return on equity is 18.9%, and it has net margins of 5.5%.

Key information

11.5%

Earnings growth rate

11.4%

EPS growth rate

Machinery Industry Growth8.8%
Revenue growth rate11.0%
Return on equity18.9%
Net Margin5.5%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

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

Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 17
Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Jan 27
Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Miller Industries: Market Leader With 60% Upside, 12.4x P/E Is A Large Discount To The Market

Jan 11

Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Jan 06
Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Revenue & Expenses Breakdown

How Miller Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:MLR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 241,29272800
31 Mar 241,22166770
31 Dec 231,15358730
30 Sep 231,08351700
30 Jun 231,01439650
31 Mar 2391528580
31 Dec 2284820530
30 Sep 2282414510
30 Jun 2278312480
31 Mar 2276315480
31 Dec 2171716460
30 Sep 2169426405
30 Jun 2169828375
31 Mar 2164528355
31 Dec 2065130400
30 Sep 2067630384
30 Jun 2070331404
31 Mar 2079736404
31 Dec 1981839404
30 Sep 1979538393
30 Jun 1979539383
31 Mar 1975036373
31 Dec 1871234363
30 Sep 1869132362
30 Jun 1864928352
31 Mar 1862526342
31 Dec 1761523342
30 Sep 1760418340
30 Jun 1759819340
31 Mar 1760120330
31 Dec 1660120312
30 Sep 1658919340
30 Jun 1656817330
31 Mar 1656316320
31 Dec 1554116310
30 Sep 1555218300
30 Jun 1554518290
31 Mar 1551516290
31 Dec 1449315280
30 Sep 1445312290
30 Jun 1444011290
31 Mar 1442310290
31 Dec 134049280

Quality Earnings: MLR has a high level of non-cash earnings.

Growing Profit Margin: MLR's current net profit margins (5.5%) are higher than last year (3.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MLR's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: MLR's earnings growth over the past year (85.4%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: MLR earnings growth over the past year (85.4%) exceeded the Machinery industry 9.5%.


Return on Equity

High ROE: MLR's Return on Equity (18.9%) is considered low.


Return on Assets


Return on Capital Employed


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