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Side-by-side financial comparison of MILLER INDUSTRIES INC (MLR) and OIL STATES INTERNATIONAL, INC (OIS). Click either name above to swap in a different company.

OIL STATES INTERNATIONAL, INC is the larger business by last-quarter revenue ($178.5M vs $171.9M, roughly 1.0× MILLER INDUSTRIES INC). On growth, OIL STATES INTERNATIONAL, INC posted the faster year-over-year revenue change (8.4% vs -22.5%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $43.8M). Over the past eight quarters, OIL STATES INTERNATIONAL, INC's revenue compounded faster (3.3% CAGR vs -29.9%).

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...

Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.

MLR vs OIS — Head-to-Head

Bigger by revenue
OIS
OIS
1.0× larger
OIS
$178.5M
$171.9M
MLR
Growing faster (revenue YoY)
OIS
OIS
+31.0% gap
OIS
8.4%
-22.5%
MLR
More free cash flow
OIS
OIS
$3.4M more FCF
OIS
$47.1M
$43.8M
MLR
Faster 2-yr revenue CAGR
OIS
OIS
Annualised
OIS
3.3%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLR
MLR
OIS
OIS
Revenue
$171.9M
$178.5M
Net Profit
$-117.2M
Gross Margin
15.4%
10.9%
Operating Margin
2.9%
-63.7%
Net Margin
-65.7%
Revenue YoY
-22.5%
8.4%
Net Profit YoY
-873.2%
EPS (diluted)
$0.29
$-1.99

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
MLR
MLR
OIS
OIS
Q4 25
$171.9M
$178.5M
Q3 25
$178.7M
$165.2M
Q2 25
$214.0M
$165.4M
Q1 25
$225.7M
$159.9M
Q4 24
$221.9M
$164.6M
Q3 24
$314.3M
$174.3M
Q2 24
$371.5M
$186.4M
Q1 24
$349.9M
$167.3M
Net Profit
MLR
MLR
OIS
OIS
Q4 25
$-117.2M
Q3 25
$3.1M
$1.9M
Q2 25
$8.5M
$2.8M
Q1 25
$8.1M
$3.2M
Q4 24
$15.2M
Q3 24
$15.4M
$-14.3M
Q2 24
$20.5M
$1.3M
Q1 24
$17.0M
$-13.4M
Gross Margin
MLR
MLR
OIS
OIS
Q4 25
15.4%
10.9%
Q3 25
14.2%
22.1%
Q2 25
16.2%
24.2%
Q1 25
15.0%
23.3%
Q4 24
15.1%
23.7%
Q3 24
13.4%
21.7%
Q2 24
13.8%
23.8%
Q1 24
12.6%
21.1%
Operating Margin
MLR
MLR
OIS
OIS
Q4 25
2.9%
-63.7%
Q3 25
2.4%
2.9%
Q2 25
5.3%
3.2%
Q1 25
4.8%
3.5%
Q4 24
5.7%
11.2%
Q3 24
6.3%
-6.3%
Q2 24
7.1%
1.1%
Q1 24
6.1%
-6.7%
Net Margin
MLR
MLR
OIS
OIS
Q4 25
-65.7%
Q3 25
1.7%
1.2%
Q2 25
4.0%
1.7%
Q1 25
3.6%
2.0%
Q4 24
9.2%
Q3 24
4.9%
-8.2%
Q2 24
5.5%
0.7%
Q1 24
4.9%
-8.0%
EPS (diluted)
MLR
MLR
OIS
OIS
Q4 25
$0.29
$-1.99
Q3 25
$0.27
$0.03
Q2 25
$0.73
$0.05
Q1 25
$0.69
$0.05
Q4 24
$0.89
$0.24
Q3 24
$1.33
$-0.23
Q2 24
$1.78
$0.02
Q1 24
$1.47
$-0.21

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
OIS
OIS
Cash + ST InvestmentsLiquidity on hand
$69.9M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$420.6M
$573.2M
Total Assets
$589.7M
$883.4M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
OIS
OIS
Q4 25
$69.9M
Q3 25
$67.1M
Q2 25
$53.9M
Q1 25
$66.8M
Q4 24
$65.4M
Q3 24
$46.0M
Q2 24
$25.2M
Q1 24
$24.1M
Total Debt
MLR
MLR
OIS
OIS
Q4 25
$1.7M
Q3 25
$1.9M
Q2 25
$1.9M
Q1 25
$124.7M
Q4 24
$124.7M
Q3 24
$124.6M
Q2 24
$124.3M
Q1 24
$135.6M
Stockholders' Equity
MLR
MLR
OIS
OIS
Q4 25
$420.6M
$573.2M
Q3 25
$420.7M
$689.0M
Q2 25
$418.6M
$690.6M
Q1 25
$406.5M
$683.4M
Q4 24
$401.0M
$680.7M
Q3 24
$395.2M
$684.8M
Q2 24
$379.9M
$690.4M
Q1 24
$362.4M
$692.3M
Total Assets
MLR
MLR
OIS
OIS
Q4 25
$589.7M
$883.4M
Q3 25
$604.3M
$1.0B
Q2 25
$622.9M
$993.7M
Q1 25
$639.7M
$990.7M
Q4 24
$667.0M
$1.0B
Q3 24
$755.3M
$994.1M
Q2 24
$748.2M
$1.0B
Q1 24
$696.5M
$1.0B
Debt / Equity
MLR
MLR
OIS
OIS
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.18×
Q1 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
MLR
MLR
OIS
OIS
Operating Cash FlowLast quarter
$48.9M
$50.1M
Free Cash FlowOCF − Capex
$43.8M
$47.1M
FCF MarginFCF / Revenue
25.5%
26.4%
Capex IntensityCapex / Revenue
3.0%
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$85.0M
$73.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLR
MLR
OIS
OIS
Q4 25
$48.9M
$50.1M
Q3 25
$19.9M
$30.7M
Q2 25
$27.2M
$15.0M
Q1 25
$2.7M
$9.3M
Q4 24
$-11.7M
$18.2M
Q3 24
$30.3M
$28.8M
Q2 24
$-10.7M
$10.2M
Q1 24
$9.0M
$-11.4M
Free Cash Flow
MLR
MLR
OIS
OIS
Q4 25
$43.8M
$47.1M
Q3 25
$18.1M
$22.0M
Q2 25
$25.6M
$4.7M
Q1 25
$-2.4M
$137.0K
Q4 24
$-13.0M
$4.0M
Q3 24
$24.0M
$21.4M
Q2 24
$-13.8M
$4.5M
Q1 24
$4.3M
$-21.5M
FCF Margin
MLR
MLR
OIS
OIS
Q4 25
25.5%
26.4%
Q3 25
10.1%
13.3%
Q2 25
11.9%
2.8%
Q1 25
-1.1%
0.1%
Q4 24
-5.9%
2.4%
Q3 24
7.6%
12.3%
Q2 24
-3.7%
2.4%
Q1 24
1.2%
-12.8%
Capex Intensity
MLR
MLR
OIS
OIS
Q4 25
3.0%
1.7%
Q3 25
1.0%
5.3%
Q2 25
0.8%
6.2%
Q1 25
2.3%
5.7%
Q4 24
0.6%
8.6%
Q3 24
2.0%
4.3%
Q2 24
0.8%
3.1%
Q1 24
1.3%
6.0%
Cash Conversion
MLR
MLR
OIS
OIS
Q4 25
Q3 25
6.46×
16.15×
Q2 25
3.22×
5.33×
Q1 25
0.34×
2.94×
Q4 24
1.20×
Q3 24
1.96×
Q2 24
-0.52×
7.87×
Q1 24
0.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MLR
MLR

Segment breakdown not available.

OIS
OIS

Project Driven$112.6M63%
Downhole Technologies$32.1M18%
Completion And Production Services$23.1M13%
Military And Other Products$10.7M6%

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