Miller Industries, Inc. (MLR)

NYSE: MLR · Real-Time Price · USD
46.95
-1.13 (-2.35%)
At close: Apr 28, 2026, 4:00 PM EDT
46.95
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
-2.35%
Market Cap 534.93M
Revenue (ttm) 790.27M
Net Income (ttm) 23.01M
Shares Out 11.37M
EPS (ttm) 1.98
PE Ratio 23.87
Forward PE 24.74
Dividend $0.84 (1.78%)
Ex-Dividend Date Mar 16, 2026
Volume 47,866
Open 48.38
Previous Close 48.08
Day's Range 46.89 - 48.38
52-Week Range 33.81 - 49.23
Beta 1.14
Analysts Buy
Price Target 48.50 (+3.1%)
Earnings Date May 6, 2026

About MLR

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. The company also offers transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. It markets its products u... [Read more]

Industry Auto Parts
IPO Date Aug 2, 1994
Employees 1,535
Stock Exchange NYSE
Ticker Symbol MLR
Full Company Profile

Financial Performance

In 2025, Miller Industries's revenue was $790.27 million, a decrease of -37.16% compared to the previous year's $1.26 billion. Earnings were $23.01 million, a decrease of -63.75%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MLR stock is "Buy." The 12-month stock price target is $48.5, which is an increase of 3.10% from the latest price.

Price Target
$48.5
(3.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Miller Industries Earnings Call Transcript: Q4 2025

Q4 and full-year 2025 revenue met revised expectations amid industry challenges, with strong progress in European expansion and military contracts. 2026 guidance projects $850M–$900M revenue, margin normalization, and accelerating growth, supported by OMARS integration and major U.S. facility expansion.

7 weeks ago - Transcripts

MILLER INDUSTRIES REPORTS 2025 FOURTH QUARTER AND FULL YEAR RESULTS

Completed Acquisition of Omars to Expand the Company's European Footprint Ended 2025 with More Than $150 Million in Global Military Commitments Approved Significant Capacity Expansion at Ooltewah Faci...

7 weeks ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2025 RESULTS ON WEDNESDAY MARCH 4, 2026

CHATTANOOGA, Tenn., Feb. 25, 2026 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter and Full Year ended December 31, 2025, on Wednesday, March 4...

2 months ago - PRNewsWire

MILLER INDUSTRIES ANNOUNCES ACQUISITION OF OMARS

CHATTANOOGA, Tenn. , Dec. 2, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company"), the World's Largest Manufacturer of Towing and Recovery Equipment, today a...

5 months ago - PRNewsWire

Miller Industries Transcript: 17th Annual Southwest IDEAS Conference

The presentation highlighted strong North American market presence, ongoing European expansion, and a focus on innovation and employee development. Despite a recent industry slowdown, inventory levels are being normalized, and military contract activity is rising, supporting a positive outlook for 2025 and beyond.

5 months ago - Transcripts

MILLER INDUSTRIES TO PRESENT AND HOST 1X1 INVESTOR MEETINGS AT THE 17TH ANNUAL SOUTHWEST IDEAS INVESTOR CONFERENCE ON NOVEMBER 19TH & 20TH IN DALLAS, TX

CHATTANOOGA, Tenn. , Nov. 13, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, today announced that Chief Executive Officer,...

5 months ago - PRNewsWire

Miller Industries Earnings Call Transcript: Q3 2025

Q3 2025 saw a 43% revenue drop year-over-year due to lower chassis shipments, but gross margin improved on product mix. Cost controls, inventory normalization, and strong military demand position the company for a robust 2026, with guidance reaffirmed at $750–$800 million.

6 months ago - Transcripts

MILLER INDUSTRIES REPORTS 2025 THIRD QUARTER RESULTS

CHATTANOOGA, Tenn. , Nov. 5, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the third quarter ended September 30,...

6 months ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE THIRD QUARTER 2025 RESULTS ON WEDNESDAY NOVEMBER 5, 2025

CHATTANOOGA, Tenn. , Oct. 29, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Third Quarter ended September 30, 2025, on Wednesday, November 5, 2025, af...

6 months ago - PRNewsWire

MILLER INDUSTRIES TO HOST 1X1 INVESTOR MEETINGS AT THE 24TH ANNUAL D.A. DAVIDSON DIVERSIFIED INDUSTRIALS & SERVICES CONFERENCE ON SEPTEMBER 18TH IN NASHVILLE, TN

CHATTANOOGA, Tenn. , Sept. 16, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, announced today that Chief Executive Officer...

8 months ago - PRNewsWire

Miller Industries Transcript: 16th Annual Midwest Ideas Conference

The company leads the global towing and recovery market, emphasizing innovation, diversified products, and a robust distribution network. 2024 was a record year, but 2025 guidance is lower due to inventory and retail headwinds, with normalization expected by early 2026.

8 months ago - Transcripts

MILLER INDUSTRIES TO PRESENT AND HOST 1X1 INVESTOR MEETINGS AT THE 16TH ANNUAL MIDWEST IDEAS INVESTOR CONFERENCE ON AUGUST 26TH & 27TH IN CHICAGO, IL

CHATTANOOGA, Tenn. , Aug. 21, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, today announced that Chief Executive Officer,...

8 months ago - PRNewsWire

MILLER INDUSTRIES ANNOUNCES WORKFORCE REDUCTION

CHATTANOOGA, Tenn. , Aug. 14, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") announced today that it will reduce its workforce by approximately 150 positions across three man...

9 months ago - PRNewsWire

Miller Industries Earnings Call Transcript: Q2 2025

Q2 2025 saw a 42% revenue drop and lower net income amid industry demand headwinds, but gross margin improved due to product mix. Management revised revenue guidance, suspended EPS outlook, and is implementing cost reductions while maintaining strong cash flow and capital returns.

9 months ago - Transcripts

MILLER INDUSTRIES REPORTS 2025 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn. , Aug. 6, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the second quarter ended June 30, 202...

9 months ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE SECOND QUARTER 2025 RESULTS ON WEDNESDAY AUGUST 6, 2025

CHATTANOOGA, Tenn. , July 30, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Second Quarter ended June 30, 2025, on Wednesday, August 6, 2025, after ma...

9 months ago - PRNewsWire

Miller Industries Transcript: The 15th Annual East Coast IDEAS Conference

The company reported 9% revenue growth in 2024, strong margins, and continued shareholder returns, while navigating tariff and emissions headwinds. Expansion in Europe and military contracts are key growth drivers, with a focus on innovation and exclusive distribution.

11 months ago - Transcripts

MILLER INDUSTRIES TO PRESENT AND HOST 1X1 INVESTOR MEETINGS AT THE 15TH ANNUAL EAST COAST IDEAS INVESTOR CONFERENCE ON JUNE 11TH & 12TH IN NEW YORK, NY

CHATTANOOGA, Tenn. , June 6, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, today announced that Chief Executive Officer, ...

11 months ago - PRNewsWire

Miller Industries Earnings Call Transcript: Q1 2025

Q1 2025 saw a 35.5% sales decline year-over-year, but gross margin improved to 15% due to favorable product mix. Guidance for 2025 is reaffirmed, with strong free cash flow and growth expected as inventory and regulatory challenges are managed.

1 year ago - Transcripts

MILLER INDUSTRIES REPORTS 2025 FIRST QUARTER RESULTS

CHATTANOOGA, Tenn. , May 7, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the first quarter ended March 31, 2025...

1 year ago - PRNewsWire

MILLER INDUSTRIES TO ANNOUNCE FIRST QUARTER 2025 RESULTS ON WEDNESDAY MAY 7, 2025

CHATTANOOGA, Tenn. , April 30, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the First Quarter ended March 31, 2025, on Wednesday, May 7, 2025, after mark...

1 year ago - PRNewsWire

Miller Industries Earnings Call Transcript: Q4 2024

Record 2024 results with 9% revenue growth and improved margins, but Q4 saw a sales dip due to chassis shipment timing. 2025 guidance anticipates a slow first half and stronger second half as inventory and supply chain normalize, with regulatory and tariff risks ongoing.

1 year ago - Transcripts

MILLER INDUSTRIES REPORTS 2024 FOURTH QUARTER AND FULL YEAR RESULTS

CHATTANOOGA, Tenn. , March 5, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the fourth quarter and full year end...

1 year ago - PRNewsWire

Nutritional Therapeutics: New Research Shows Restoring Cell Membranes Boosts Energy, Reduces Fatigue, and Slows Aging

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--A groundbreaking Nature Cell Science article highlights how Membrane Lipid Replacement (MLR) using Nutritional Therapeutics' NTFactor® Lipids repairs mitocho...

Other symbols: H
1 year ago - Business Wire

MILLER INDUSTRIES TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2024 RESULTS ON WEDNESDAY MARCH 5, 2025

CHATTANOOGA, Tenn. , Feb. 26, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter and Full Year ended December 31, 2024, on Wednesday, March ...

1 year ago - PRNewsWire