MLR (Miller Industries, Inc.) Stock Financials & Earnings | Market Cap Arena

MLR (Miller Industries, Inc.) Stock Financials & Earnings | Market Cap Arena

MLRMiller Industries, Inc.

Mkt Cap$515M

Consumer Cyclical·Auto - Parts·🇺🇸 United States·NYSE

Revenue (TTM)$790M

Net Income (TTM)$23M

EPS (TTM)$1.98

Free Cash Flow (TTM)$85M

Gross Margin15.2%

Op. Margin4.0%

Net Margin2.9%

FCF Margin10.8%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)22.4x

YoY Rev Growth-37.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$282M	$30M	$12M
Q2 23	$300M	$40M	$20M
Q3 23	$275M	$43M	$24M
Q4 23	$296M	$39M	$22M
Q1 24	$350M	$44M	$23M
Q2 24	$371M	$51M	$28M
Q3 24	$314M	$42M	$20M
Q4 24	$222M	$33M	$14M
Q1 25	$226M	$34M	$11M
Q2 25	$214M	$35M	$11M
Q3 25	$179M	$25M	$4M
Q4 25	$171M	$27M	$5M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.6x	18.7x
Q2 23	0.5x	13.3x
Q3 23	0.5x	10.1x
Q4 23	0.4x	8.8x
Q1 24	0.4x	7.8x
Q2 24	0.4x	7.2x
Q3 24	0.4x	7.4x
Q4 24	0.4x	8.1x
Q1 25	0.5x	9.4x
Q2 25	0.5x	12.1x
Q3 25	0.6x	17.1x
Q4 25	0.7x	22.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$7M	-$9M
Q2 23	$10M	$5M
Q3 23	$1M	-$2M
Q4 23	$7M	$4M
Q1 24	$9M	$4M
Q2 24	-$11M	-$14M
Q3 24	$30M	$24M
Q4 24	-$12M	-$13M
Q1 25	$3M	-$2M
Q2 25	$27M	$26M
Q3 25	$20M	$18M
Q4 25	$49M	$44M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$2M
Q2 23	$5M
Q3 23	$3M
Q4 23	$2M
Q1 24	$5M
Q2 24	$3M
Q3 24	$6M
Q4 24	$1M
Q1 25	$5M
Q2 25	$2M
Q3 25	$2M
Q4 25	$5M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+31.0%	+26.9%
Q2 23	+49.0%	+42.9%
Q3 23	+33.6%	+27.4%
Q4 23	+31.2%	+28.4%
Q1 24	+23.9%	+21.3%
Q2 24	+23.7%	+22.6%
Q3 24	+14.5%	+17.4%
Q4 24	-25.1%	-24.0%
Q1 25	-35.5%	-34.3%
Q2 25	-42.4%	-40.9%
Q3 25	-43.1%	-40.7%
Q4 25	-22.9%	-20.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$223K	0.1%
Q2 23	$8K	0.0%
Q3 23	$569K	0.2%
Q4 23	$259K	0.1%
Q1 24	$383K	0.1%
Q2 24	$1M	0.4%
Q3 24	$572K	0.2%
Q4 24	$969K	0.4%
Q1 25	$2M	0.9%
Q2 25	$1M	0.5%
Q3 25	$1M	0.6%
Q4 25	$1M	0.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	—	$18M
Q2 23	—	$19M
Q3 23	—	$19M
Q4 23	$6M	$10M
Q1 24	—	$22M
Q2 24	—	$23M
Q3 24	—	$22M
Q4 24	$6M	$13M
Q1 25	—	$23M
Q2 25	—	$23M
Q3 25	—	$21M
Q4 25	—	$21M

Revenue by Geography

Quarter	Foreign	North America
Q1 23	$24M	$258M
Q2 23	$28M	$272M
Q3 23	$32M	$243M
Q1 24	$31M	$319M
Q2 24	$31M	$341M
Q3 24	$28M	$287M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$30M	$0	$30M
Q2 23	$31M	$0	$31M
Q3 23	$27M	$0	$27M
Q4 23	$30M	$0	$30M
Q1 24	$27M	$0	$27M
Q2 24	$24M	$0	$24M
Q3 24	$41M	$0	$41M
Q4 24	$24M	$0	$24M
Q1 25	$27M	$0	$27M
Q2 25	$32M	$0	$32M
Q3 25	$38M	$0	$38M
Q4 25	$45M	$0	$45M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	11M	+0.1%
Q2 23	12M	+0.8%
Q3 23	12M	-0.1%
Q4 23	12M	+0.1%
Q1 24	12M	+0.3%
Q2 24	12M	-0.1%
Q3 24	12M	+0.4%
Q4 24	12M	+0.0%
Q1 25	12M	+0.1%
Q2 25	12M	-0.1%
Q3 25	12M	-0.0%
Q4 25	12M	-0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$554K	890
FY 15	$546K	990
FY 16	$545K	1K
FY 17	$549K	1K
FY 18	$574K	1K
FY 19	$625K	1K
FY 20	$509K	1K
FY 21	$495K	1K
FY 22	$585K	1K
FY 23	$633K	2K
FY 24	$735K	2K
FY 25	$515K	2K