Miller Financial Statements From 2010 to 2024

MLR Stock  USD 49.14  0.06  0.12%   
Miller Industries financial statements provide useful quarterly and yearly information to potential Miller Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Miller Industries financial statements helps investors assess Miller Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Miller Industries' valuation are summarized below:
Gross Profit
82.4 M
Profit Margin
0.0505
Market Capitalization
561.8 M
Enterprise Value Revenue
0.5258
Revenue
1.2 B
There are over one hundred nineteen available fundamental ratios for Miller Industries, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check Miller Industries' last-minute fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/29/2024, Market Cap is likely to drop to about 262.6 M. In addition to that, Enterprise Value is likely to drop to about 307.4 M

Miller Industries Total Revenue

1.21 Billion

Check Miller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 4.3 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0268 or PTB Ratio of 1.86. Miller financial statements analysis is a perfect complement when working with Miller Industries Valuation or Volatility modules.
  
This module can also supplement Miller Industries' financial leverage analysis and stock options assessment as well as various Miller Industries Technical models . Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Miller Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets686.8 M654.1 M351.9 M
Slightly volatile
Short and Long Term Debt Total63.9 M60.8 M15.6 M
Slightly volatile
Other Current Liabilities22.3 M36.5 M21.7 M
Slightly volatile
Total Current Liabilities246.4 M234.7 M114.6 M
Slightly volatile
Total Stockholder Equity365.3 M347.9 M219.5 M
Slightly volatile
Property Plant And Equipment Net121.7 M115.9 M68.9 M
Slightly volatile
Retained Earnings210.2 M200.2 M80.2 M
Slightly volatile
Accounts Payable201.4 M191.8 M90.7 M
Slightly volatile
Cash27.4 M29.9 M35.8 M
Very volatile
Non Current Assets Total82.4 M143.6 M78.1 M
Slightly volatile
Cash And Short Term Investments25.8 M29.9 M32.9 M
Slightly volatile
Net Receivables300.4 M286.1 M138.7 M
Slightly volatile
Common Stock Shares Outstanding11.5 M11.5 M11 M
Slightly volatile
Liabilities And Stockholders Equity686.8 M654.1 M351.9 M
Slightly volatile
Non Current Liabilities Total75 M71.5 M17.8 M
Slightly volatile
Inventory199.3 M189.8 M89.6 M
Slightly volatile
Other Stockholder Equity156.9 M153.6 M142.6 M
Slightly volatile
Total Liabilities321.5 M306.2 M132.4 M
Slightly volatile
Property Plant And Equipment Gross229.3 M218.4 M82.9 M
Slightly volatile
Total Current Assets536 M510.5 M269.2 M
Slightly volatile
Short Term Debt304 K320 KM
Slightly volatile
Intangible Assets16.7 M10.5 M11.3 M
Slightly volatile
Good Will17.7 M20 M14.3 M
Pretty Stable
Other Assets605.3 K637.2 K1.2 M
Slightly volatile
Common Stock Total Equity112.5 K102.6 K136 K
Slightly volatile
Common Stock123.6 K102.6 K136.7 K
Slightly volatile
Property Plant Equipment135.4 M129 M74.7 M
Slightly volatile
Other LiabilitiesM7.2 M3.2 M
Slightly volatile
Current Deferred Revenue3.3 M6.1 M1.3 M
Very volatile
Net Tangible Assets221.2 M324.1 M206.6 M
Slightly volatile
Retained Earnings Total Equity181.3 M172.6 M76.6 M
Slightly volatile
Capital Surpluse165.3 M175.3 M152.8 M
Slightly volatile
Deferred Long Term Liabilities7.5 M7.2 M3.4 M
Slightly volatile
Short and Long Term Debt314.6 K331.2 K2.5 M
Slightly volatile
Cash And Equivalents40.6 M46.2 M35.4 M
Slightly volatile
Net Invested Capital320.2 M407.9 M256.9 M
Slightly volatile
Net Working Capital203.4 M275.8 M158.6 M
Slightly volatile
Capital Stock91.2 K102.6 K111.7 K
Slightly volatile
Capital Lease Obligations989 K826 K1.5 M
Slightly volatile

Miller Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization7.2 M13.2 M6.7 M
Slightly volatile
Interest Expense4.3 MM1.8 M
Slightly volatile
Total Revenue1.2 B1.2 B641 M
Slightly volatile
Gross Profit82.2 M151.9 M70.4 M
Slightly volatile
Other Operating Expenses1.1 B1.1 B605.1 M
Slightly volatile
Operating Income82.7 M78.8 M32.8 M
Slightly volatile
EBIT82.7 M78.8 M31.6 M
Slightly volatile
EBITDA96.6 M92 M38.7 M
Slightly volatile
Cost Of Revenue1.1 BB565.5 M
Slightly volatile
Total Operating Expenses40.2 M73.1 M37.1 M
Slightly volatile
Income Before Tax77.5 M73.8 M34.1 M
Slightly volatile
Net Income61.2 M58.3 M25.3 M
Slightly volatile
Income Tax Expense16.3 M15.5 M8.9 M
Slightly volatile
Selling General Administrative1.1 M1.2 M24.8 M
Slightly volatile
Net Income Applicable To Common Shares18.4 M23.4 M20 M
Slightly volatile
Net Income From Continuing Ops25.8 M50.9 M23.6 M
Slightly volatile
Non Recurring825.8 K1.3 M882.5 K
Slightly volatile
Tax ProvisionM13.6 M8.7 M
Pretty Stable
Reconciled Depreciation10.7 M12.8 M8.1 M
Slightly volatile
Interest Income3.3 M4.7 M2.3 M
Slightly volatile
Selling And Marketing Expenses62.3 M71.9 M49.2 M
Slightly volatile

Miller Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow25.8 M40.2 M36.7 M
Pretty Stable
Depreciation7.2 M13.2 M6.7 M
Slightly volatile
Capital Expenditures12.7 M12.1 M12.6 M
Slightly volatile
Net Income61.2 M58.3 M25.3 M
Slightly volatile
End Period Cash Flow27.5 M29.9 M35.8 M
Very volatile
Other Cashflows From Investing Activities6.8 K7.2 K221.8 K
Pretty Stable
Dividends Paid7.7 M8.2 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.640.41940.5367
Slightly volatile
Dividend Yield0.02680.01710.0242
Pretty Stable
PTB Ratio1.861.39041.5731
Slightly volatile
Days Sales Outstanding56.5690.553673.7589
Slightly volatile
Book Value Per Share31.9430.415319.471
Slightly volatile
Invested Capital0.330.17340.0681
Slightly volatile
Stock Based Compensation To Revenue7.0E-49.0E-45.0E-4
Pretty Stable
PB Ratio1.861.39041.5731
Slightly volatile
EV To Sales0.640.44620.4863
Pretty Stable
ROIC0.110.15240.1026
Pretty Stable
Inventory Turnover5.145.27646.6132
Pretty Stable
Net Income Per Share5.355.09582.2601
Slightly volatile
Days Of Inventory On Hand65.5769.175856.8746
Pretty Stable
Payables Turnover7.995.22216.815
Pretty Stable
Sales General And Administrative To Revenue6.0E-40.0014.0E-4
Slightly volatile
Research And Ddevelopement To Revenue0.00340.00520.0042
Slightly volatile
Cash Per Share1.842.61473.1244
Slightly volatile
Payout Ratio0.130.14150.3454
Slightly volatile
Days Payables Outstanding42.6769.895655.2683
Pretty Stable
ROE0.180.16750.1174
Very volatile
PE Ratio7.888.298914.3905
Slightly volatile
Return On Tangible Assets0.09650.09190.0759
Pretty Stable
Earnings Yield0.130.12050.0788
Slightly volatile
Intangibles To Total Assets0.02910.03060.0398
Slightly volatile
Current Ratio1.942.17492.417
Slightly volatile
Tangible Book Value Per Share30.128.66518.2964
Slightly volatile
Receivables Turnover5.824.03084.9998
Slightly volatile
Graham Number62.0159.053430.8779
Slightly volatile
Shareholders Equity Per Share31.9430.415319.471
Slightly volatile
Debt To Equity0.330.17340.0681
Slightly volatile
Graham Net Net3.052.90544.622
Slightly volatile
Revenue Per Share10610156.9686
Slightly volatile
Interest Debt Per Share3.565.79551.2466
Slightly volatile
Debt To Assets0.120.09220.035
Slightly volatile
Enterprise Value Over EBITDA8.55.59368.6637
Pretty Stable
Price Earnings Ratio7.888.298914.3905
Slightly volatile
Operating Cycle144160132
Slightly volatile
Price Book Value Ratio1.861.39041.5731
Slightly volatile
Days Of Payables Outstanding42.6769.895655.2683
Pretty Stable
Dividend Payout Ratio0.130.14150.3454
Slightly volatile
Pretax Profit Margin0.03390.0640.0525
Slightly volatile
Ebt Per Ebit0.980.93671.0906
Slightly volatile
Operating Profit Margin0.05740.06830.0517
Slightly volatile
Effective Tax Rate0.340.210.2932
Slightly volatile
Company Equity Multiplier2.11.881.5987
Slightly volatile
Long Term Debt To Capitalization0.170.14710.0504
Slightly volatile
Total Debt To Capitalization0.190.14780.0546
Slightly volatile
Return On Capital Employed0.150.18780.1463
Slightly volatile
Debt Equity Ratio0.330.17340.0681
Slightly volatile
Ebit Per Revenue0.05740.06830.0517
Slightly volatile
Quick Ratio1.181.34651.5498
Pretty Stable
Net Income Per E B T0.830.790.7232
Slightly volatile
Cash Ratio0.120.12740.3986
Slightly volatile
Cash Conversion Cycle85.5389.833875.77
Slightly volatile
Days Of Inventory Outstanding65.5769.175856.8746
Pretty Stable
Days Of Sales Outstanding56.5690.553673.7589
Slightly volatile
Price To Book Ratio1.861.39041.5731
Slightly volatile
Fixed Asset Turnover11.239.951510.7
Slightly volatile
Enterprise Value Multiple8.55.59368.6637
Pretty Stable
Debt Ratio0.120.09220.035
Slightly volatile
Price Sales Ratio0.640.41940.5367
Slightly volatile
Return On Assets0.09360.08910.0728
Very volatile
Asset Turnover1.41.76331.8215
Slightly volatile
Net Profit Margin0.05310.05050.0391
Very volatile
Gross Profit Margin0.150.13170.122
Slightly volatile
Price Fair Value1.861.39041.5731
Slightly volatile
Return On Equity0.180.16750.1174
Very volatile

Miller Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap262.6 M435.4 M407.2 M
Pretty Stable
Enterprise Value307.4 M463.2 M378.8 M
Slightly volatile

Miller Fundamental Market Drivers

Cash And Short Term Investments29.9 M

Miller Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Miller Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Miller Industries income statement, its balance sheet, and the statement of cash flows. Miller Industries investors use historical funamental indicators, such as Miller Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Miller Industries investors may use each financial statement separately, they are all related. The changes in Miller Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Miller Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Miller Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Miller Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue6.1 M3.3 M
Total Revenue1.2 B1.2 B
Cost Of RevenueB1.1 B
Stock Based Compensation To Revenue 0.0009  0.0007 
Sales General And Administrative To Revenue 0  0.0006 
Research And Ddevelopement To Revenue 0.01  0 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 100.83  105.87 
Ebit Per Revenue 0.07  0.06 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Miller Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Miller Industries' short interest history, or implied volatility extrapolated from Miller Industries options trading.

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When determining whether Miller Industries is a strong investment it is important to analyze Miller Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Miller Industries' future performance. For an informed investment choice regarding Miller Stock, refer to the following important reports:
Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Miller Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Miller Industries. If investors know Miller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Miller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.793
Dividend Share
0.72
Earnings Share
5.07
Revenue Per Share
100.827
Quarterly Revenue Growth
0.312
The market value of Miller Industries is measured differently than its book value, which is the value of Miller that is recorded on the company's balance sheet. Investors also form their own opinion of Miller Industries' value that differs from its market value or its book value, called intrinsic value, which is Miller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Miller Industries' market value can be influenced by many factors that don't directly affect Miller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Miller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.