MILLER INDUSTRIES INC /TN/MLREarnings & Financial Report
Miller Industries is an American tow truck and towing equipment manufacturing company based in the Chattanooga suburb of Ooltewah, Tennessee. Its primary subsidiary, Miller Industries Towing Equipment Inc., manufactures a variety of light- to heavy-duty wreckers, car carriers, and rotators under several brand names, including Century, Vulcan, Chevron, and Holmes. Miller Industries also operates international brands with Boniface (U.K.) and Jige (France). It is listed on the New York Stock Exc...
MLR Q3 2025 Key Financial Metrics
Revenue
$178.7M
Gross Profit
$25.3M
Operating Profit
$4.3M
Net Profit
$3.1M
Gross Margin
14.2%
Operating Margin
2.4%
Net Margin
1.7%
YoY Growth
-43.1%
EPS
$0.27
Financial Flow
MILLER INDUSTRIES INC /TN/ Q3 2025 Financial Summary
MILLER INDUSTRIES INC /TN/ reported revenue of $178.7M for Q3 2025, with a net profit of $3.1M (1.7% margin). Cost of goods sold was $153.3M, operating expenses totaled $21.0M.
Key Financial Metrics
| Total Revenue | $178.7M |
|---|---|
| Net Profit | $3.1M |
| Gross Margin | 14.2% |
| Operating Margin | 2.4% |
| Report Period | Q3 2025 |
MILLER INDUSTRIES INC /TN/ Annual Revenue by Year
MILLER INDUSTRIES INC /TN/ annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.3B |
| 2023 | $1.2B |
| 2022 | $848.5M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $296.2M | $349.9M | $371.5M | $314.3M | $221.9M | $225.7M | $214.0M | $178.7M |
| YoY Growth | 31.2% | 23.9% | 23.7% | 14.5% | -25.1% | -35.5% | -42.4% | -43.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $647.2M | $696.5M | $748.2M | $755.3M | $667.0M | $639.7M | $622.9M | $604.3M |
| Liabilities | $299.3M | $334.2M | $368.3M | $360.2M | $266.0M | $233.2M | $204.3M | $183.7M |
| Equity | $347.9M | $362.4M | $379.9M | $395.2M | $401.0M | $406.5M | $418.6M | $420.7M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.8M | $9.0M | $-10.7M | $30.3M | $-11.7M | $2.7M | $27.2M | $19.9M |