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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and MILLER INDUSTRIES INC (MLR). Click either name above to swap in a different company.

MILLER INDUSTRIES INC is the larger business by last-quarter revenue ($171.9M vs $98.7M, roughly 1.7× GCL Global Holdings Ltd). MILLER INDUSTRIES INC produced more free cash flow last quarter ($43.8M vs $-5.2M).

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

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...

GCL vs MLR — Head-to-Head

Bigger by revenue
MLR
MLR
1.7× larger
MLR
$171.9M
$98.7M
GCL
More free cash flow
MLR
MLR
$49.0M more FCF
MLR
$43.8M
$-5.2M
GCL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GCL
GCL
MLR
MLR
Revenue
$98.7M
$171.9M
Net Profit
$-5.1M
Gross Margin
11.0%
15.4%
Operating Margin
-6.7%
2.9%
Net Margin
-5.2%
Revenue YoY
-22.5%
Net Profit YoY
EPS (diluted)
$-0.04
$0.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GCL
GCL
MLR
MLR
Q4 25
$171.9M
Q3 25
$98.7M
$178.7M
Q2 25
$142.1M
$214.0M
Q1 25
$225.7M
Q4 24
$221.9M
Q3 24
$36.1M
$314.3M
Q2 24
$371.5M
Q1 24
$349.9M
Net Profit
GCL
GCL
MLR
MLR
Q4 25
Q3 25
$-5.1M
$3.1M
Q2 25
$5.6M
$8.5M
Q1 25
$8.1M
Q4 24
Q3 24
$-1.9M
$15.4M
Q2 24
$20.5M
Q1 24
$17.0M
Gross Margin
GCL
GCL
MLR
MLR
Q4 25
15.4%
Q3 25
11.0%
14.2%
Q2 25
15.0%
16.2%
Q1 25
15.0%
Q4 24
15.1%
Q3 24
16.2%
13.4%
Q2 24
13.8%
Q1 24
12.6%
Operating Margin
GCL
GCL
MLR
MLR
Q4 25
2.9%
Q3 25
-6.7%
2.4%
Q2 25
2.3%
5.3%
Q1 25
4.8%
Q4 24
5.7%
Q3 24
-5.6%
6.3%
Q2 24
7.1%
Q1 24
6.1%
Net Margin
GCL
GCL
MLR
MLR
Q4 25
Q3 25
-5.2%
1.7%
Q2 25
3.9%
4.0%
Q1 25
3.6%
Q4 24
Q3 24
-5.2%
4.9%
Q2 24
5.5%
Q1 24
4.9%
EPS (diluted)
GCL
GCL
MLR
MLR
Q4 25
$0.29
Q3 25
$-0.04
$0.27
Q2 25
$0.05
$0.73
Q1 25
$0.69
Q4 24
$0.89
Q3 24
$1.33
Q2 24
$1.78
Q1 24
$1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GCL
GCL
MLR
MLR
Cash + ST InvestmentsLiquidity on hand
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$420.6M
Total Assets
$159.9M
$589.7M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
MLR
MLR
Q4 25
Q3 25
$16.6M
Q2 25
$18.2M
Q1 25
Q4 24
Q3 24
$2.7M
Q2 24
Q1 24
Total Debt
GCL
GCL
MLR
MLR
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GCL
GCL
MLR
MLR
Q4 25
$420.6M
Q3 25
$33.1M
$420.7M
Q2 25
$35.9M
$418.6M
Q1 25
$406.5M
Q4 24
$401.0M
Q3 24
$15.9M
$395.2M
Q2 24
$379.9M
Q1 24
$362.4M
Total Assets
GCL
GCL
MLR
MLR
Q4 25
$589.7M
Q3 25
$159.9M
$604.3M
Q2 25
$101.6M
$622.9M
Q1 25
$639.7M
Q4 24
$667.0M
Q3 24
$49.6M
$755.3M
Q2 24
$748.2M
Q1 24
$696.5M
Debt / Equity
GCL
GCL
MLR
MLR
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GCL
GCL
MLR
MLR
Operating Cash FlowLast quarter
$-4.8M
$48.9M
Free Cash FlowOCF − Capex
$-5.2M
$43.8M
FCF MarginFCF / Revenue
-5.3%
25.5%
Capex IntensityCapex / Revenue
0.4%
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$85.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
MLR
MLR
Q4 25
$48.9M
Q3 25
$-4.8M
$19.9M
Q2 25
$-10.3M
$27.2M
Q1 25
$2.7M
Q4 24
$-11.7M
Q3 24
$6.1M
$30.3M
Q2 24
$-10.7M
Q1 24
$9.0M
Free Cash Flow
GCL
GCL
MLR
MLR
Q4 25
$43.8M
Q3 25
$-5.2M
$18.1M
Q2 25
$-10.5M
$25.6M
Q1 25
$-2.4M
Q4 24
$-13.0M
Q3 24
$24.0M
Q2 24
$-13.8M
Q1 24
$4.3M
FCF Margin
GCL
GCL
MLR
MLR
Q4 25
25.5%
Q3 25
-5.3%
10.1%
Q2 25
-7.4%
11.9%
Q1 25
-1.1%
Q4 24
-5.9%
Q3 24
7.6%
Q2 24
-3.7%
Q1 24
1.2%
Capex Intensity
GCL
GCL
MLR
MLR
Q4 25
3.0%
Q3 25
0.4%
1.0%
Q2 25
0.1%
0.8%
Q1 25
2.3%
Q4 24
0.6%
Q3 24
2.0%
Q2 24
0.8%
Q1 24
1.3%
Cash Conversion
GCL
GCL
MLR
MLR
Q4 25
Q3 25
6.46×
Q2 25
-1.84×
3.22×
Q1 25
0.34×
Q4 24
Q3 24
1.96×
Q2 24
-0.52×
Q1 24
0.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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