MLRMiller Industries, Inc.

$52.82+34% 1Y

Is the business good?

Mixed

The checks split: margins steady and returns not propped up by debt.

2 neutral, 2 without data
Margin direction, 3 years+0.8 pts

Margins have held roughly steady, a stable cost structure.

Where ROE comes from3% ROA

Efficiency-driven, thin margins turned over fast (the retail model). ROE 5% = margin × turnover × leverage.

All from derived.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is MLR?

Miller Industries, Inc. keeps 1.9% of every revenue dollar as profit after everything, against 2.8% for the median Auto Parts name.

1.9%

Net margin · Auto Parts median 2.8% · 12 months to Q2 2026

Share count, year on year
−0.68%

Share count, year on year · flat: no meaningful dilution

Gross margin
15%

Gross margin

Details›
Gross margin12 months to Q2 2026
15%
Net margin12 months to Q2 2026
1.9%
Free cash flow margin
15%
Revenue, trailing twelve months
$771M
Free cash flow, trailing twelve months
$113M
Net income, trailing twelve months
$14M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.