CoverageForm 410-K10-Q8-K13D13G13F

MLR · Miller Industries Inc /Tn/ - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue$669.88M$1.09B$1.00B$766.04M$647.62M$572.93M
Gross Profit$120.39M$170.81M$151.85M$82.42M$69.85M$78.36M
R&D$8.20M$6.20M$6.00M$4.03M$3.56M$4.72M
SG&A$88.98M$86.32M$73.09M$52.83M$46.23M$39.71M
Total Operating Expenses------
D&A$14.69M$14.07M$13.24M$11.76M$11.04M$9.60M
Operating Income$31.49M$80.13M$73.78M$25.73M$21.77M$38.10M
Interest Expense$660.0K$3.93M$5.97M$3.38M$1.35M$1.22M
Income Tax$8.48M$16.64M$15.49M$5.39M$5.51M$8.27M
Net Income$23.01M$63.49M$58.29M$20.35M$16.25M$29.83M
EPS - Basic$2.01$5.55$5.10$1.78$1.42$2.62
EPS - Diluted$1.98$5.47$5.07$1.78$1.42$2.62

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$44.68M$24.34M$29.91M$40.15M$54.33M$57.52M
Accounts Receivable------
Inventory$184.23M$186.17M$189.81M$153.66M$114.91M$83.94M
Accounts Payable$78.55M$145.85M$191.78M$125.50M$119.03M$85.53M
Current Assets$439.58M$529.77M$510.47M$376.05M$328.97M$286.27M
Total Assets$589.67M$667.01M$647.21M$501.43M$438.85M$398.41M
Current Liabilities$136.57M$197.87M$234.71M$156.15M$144.27M$110.68M
Long-term Debt$31.05M$65.00M$60.00M$45.00M--
Total Liabilities$169.10M$265.99M$299.29M$207.97M$150.31M$115.96M
Stockholders' Equity$420.57M$401.03M$347.92M$293.46M$288.54M$282.45M
Retained Earnings$268.80M$254.94M$200.16M$150.12M$141.92M$133.88M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$98.72M$16.87M$10.96M($19.16M)$15.27M$60.71M
Investing Cash Flow($30.78M)($15.27M)($29.07M)($28.93M)($9.06M)($17.22M)
Financing Cash Flow($50.75M)($6.62M)$6.75M$36.77M($8.24M)($13.63M)
CapEx$13.71M$15.35M$12.10M$28.94M$9.15M$17.50M
Free Cash Flow$85.01M$1.52M($1.13M)($48.09M)$6.12M$43.21M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income3.690.02-0.02-2.360.381.45
R&D / Revenue------
SG&A / Revenue------
Effective tax rate26.9%20.8%21.0%20.9%25.3%21.7%
Return on assets3.9%9.5%9.0%4.1%3.7%7.5%
Return on equity5.5%15.8%16.8%6.9%5.6%10.6%
Return on invested capital5.1%13.6%14.3%6.0%--
Liquidity
Current ratio3.222.682.172.412.282.59
Quick ratio1.871.741.371.421.481.83
Cash ratio0.330.120.130.260.380.52
Leverage
Debt / Equity0.070.160.170.15--
Debt / Assets0.050.100.090.09--
Debt / EBITDA0.670.690.691.20--
Interest coverage47.7x20.4x12.4x7.6x16.1x31.4x
Equity multiplier1.401.661.861.711.521.41
Liabilities / Assets0.290.400.460.410.340.29
Efficiency
Asset turnover------
Inventory turnover3.645.845.284.995.646.83
Days sales outstanding------
Days inventory outstanding100d63d69d73d65d53d
Days payable outstanding43d49d70d60d67d54d
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)-29.5%12.5%84.2%18.0%-10.9%-18.8%
Operating income growth (YoY)-60.7%8.6%186.7%18.2%-42.9%-24.4%
Net income growth (YoY)-63.8%8.9%186.5%25.2%-45.5%-23.7%
EPS growth (YoY)-63.8%7.9%184.8%25.4%-45.8%-23.6%
EPS CAGR (3y)3.6%56.8%24.6%-19.6%-21.7%9.1%
EPS CAGR (5y)-5.4%9.8%11.4%-2.5%-4.1%13.2%
FCF growth (YoY)5500.3%-97.6%--85.8%143.6%
FCF CAGR (5y)14.5%-38.8%---39.6%
Book value growth (YoY)4.9%15.3%18.6%1.7%2.2%9.5%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Truck & Bus Bodies

CompanyRevenue (last FY)Net marginROE
HYLN$3.48M-1645.7%-29.8%
BLBD$1.48B8.6%50.0%
NXU---
GPV$39.27M-46.7%-857.9%
PEV---

Comparing MILLER INDUSTRIES INC /TN/ against the 5 most active filers in the same SIC group.