MILLER INDUSTRIES INCMLREarnings & 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...
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
MILLER INDUSTRIES INC Q3 FY2025 Financial Summary
MILLER INDUSTRIES INC reported revenue of $178.7M (down 43.1% YoY) for Q3 FY2025, with a net profit of $3.1M (down 80.0% YoY) (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 FY2025 |
MILLER INDUSTRIES INC Annual Revenue by Year
MILLER INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $790.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $790.3M |
| 2024 | $1.3B |
| 2023 | $1.2B |
| 2022 | $848.5M |
MILLER INDUSTRIES INC Quarterly Revenue & Net Profit History
MILLER INDUSTRIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $171.9M | -22.5% | N/A | N/A |
| Q3 FY2025 | $178.7M | -43.1% | $3.1M | 1.7% |
| Q2 FY2025 | $214.0M | -42.4% | $8.5M | 4.0% |
| Q1 FY2025 | $225.7M | -35.5% | $8.1M | 3.6% |
| Q4 FY2024 | $221.9M | -25.1% | N/A | N/A |
| Q3 FY2024 | $314.3M | +14.5% | $15.4M | 4.9% |
| Q2 FY2024 | $371.5M | +23.7% | $20.5M | 5.5% |
| Q1 FY2024 | $349.9M | +23.9% | $17.0M | 4.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $349.9M | $371.5M | $314.3M | $221.9M | $225.7M | $214.0M | $178.7M | $171.9M |
| YoY Growth | 23.9% | 23.7% | 14.5% | -25.1% | -35.5% | -42.4% | -43.1% | -22.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $696.5M | $748.2M | $755.3M | $667.0M | $639.7M | $622.9M | $604.3M | $589.7M |
| Liabilities | $334.2M | $368.3M | $360.2M | $266.0M | $233.2M | $204.3M | $183.7M | $169.1M |
| Equity | $362.4M | $379.9M | $395.2M | $401.0M | $406.5M | $418.6M | $420.7M | $420.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $9.0M | $-10.7M | $30.3M | $-11.7M | $2.7M | $27.2M | $19.9M | $48.9M |