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Side-by-side financial comparison of MILLER INDUSTRIES INC (MLR) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

SL GREEN REALTY CORP is the larger business by last-quarter revenue ($276.5M vs $171.9M, roughly 1.6× MILLER INDUSTRIES INC). On growth, SL GREEN REALTY CORP posted the faster year-over-year revenue change (12.4% vs -22.5%). Over the past eight quarters, SL GREEN REALTY CORP's revenue compounded faster (21.3% 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...

SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2024, the company owned interests in 39 properties comprising 25,297,353 square feet, primarily in Manhattan. It has been referred to as "New York City’s largest office landlord".

MLR vs SLG — Head-to-Head

Bigger by revenue
SLG
SLG
1.6× larger
SLG
$276.5M
$171.9M
MLR
Growing faster (revenue YoY)
SLG
SLG
+35.0% gap
SLG
12.4%
-22.5%
MLR
Faster 2-yr revenue CAGR
SLG
SLG
Annualised
SLG
21.3%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLR
MLR
SLG
SLG
Revenue
$171.9M
$276.5M
Net Profit
$-100.8M
Gross Margin
15.4%
Operating Margin
2.9%
64.2%
Net Margin
-36.5%
Revenue YoY
-22.5%
12.4%
Net Profit YoY
-870.0%
EPS (diluted)
$0.29
$-1.49

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
SLG
SLG
Q4 25
$171.9M
$276.5M
Q3 25
$178.7M
$244.8M
Q2 25
$214.0M
$241.9M
Q1 25
$225.7M
$239.8M
Q4 24
$221.9M
$245.9M
Q3 24
$314.3M
$229.7M
Q2 24
$371.5M
$222.8M
Q1 24
$349.9M
$187.9M
Net Profit
MLR
MLR
SLG
SLG
Q4 25
$-100.8M
Q3 25
$3.1M
$28.6M
Q2 25
$8.5M
$-7.4M
Q1 25
$8.1M
$-17.3M
Q4 24
$19.1M
Q3 24
$15.4M
$-9.5M
Q2 24
$20.5M
$1.6M
Q1 24
$17.0M
$16.9M
Gross Margin
MLR
MLR
SLG
SLG
Q4 25
15.4%
Q3 25
14.2%
Q2 25
16.2%
Q1 25
15.0%
Q4 24
15.1%
Q3 24
13.4%
Q2 24
13.8%
Q1 24
12.6%
Operating Margin
MLR
MLR
SLG
SLG
Q4 25
2.9%
64.2%
Q3 25
2.4%
85.5%
Q2 25
5.3%
53.4%
Q1 25
4.8%
56.7%
Q4 24
5.7%
59.8%
Q3 24
6.3%
65.1%
Q2 24
7.1%
79.2%
Q1 24
6.1%
Net Margin
MLR
MLR
SLG
SLG
Q4 25
-36.5%
Q3 25
1.7%
11.7%
Q2 25
4.0%
-3.0%
Q1 25
3.6%
-7.2%
Q4 24
7.8%
Q3 24
4.9%
-4.2%
Q2 24
5.5%
0.7%
Q1 24
4.9%
9.0%
EPS (diluted)
MLR
MLR
SLG
SLG
Q4 25
$0.29
$-1.49
Q3 25
$0.27
$0.34
Q2 25
$0.73
$-0.16
Q1 25
$0.69
$-0.30
Q4 24
$0.89
$0.13
Q3 24
$1.33
$-0.21
Q2 24
$1.78
$-0.04
Q1 24
$1.47
$0.20

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$155.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$420.6M
$3.7B
Total Assets
$589.7M
$11.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
SLG
SLG
Q4 25
$155.7M
Q3 25
$187.0M
Q2 25
$182.9M
Q1 25
$180.1M
Q4 24
$184.3M
Q3 24
$188.2M
Q2 24
$199.5M
Q1 24
$196.0M
Stockholders' Equity
MLR
MLR
SLG
SLG
Q4 25
$420.6M
$3.7B
Q3 25
$420.7M
$3.8B
Q2 25
$418.6M
$3.8B
Q1 25
$406.5M
$3.8B
Q4 24
$401.0M
$4.0B
Q3 24
$395.2M
$3.6B
Q2 24
$379.9M
$3.7B
Q1 24
$362.4M
$3.7B
Total Assets
MLR
MLR
SLG
SLG
Q4 25
$589.7M
$11.1B
Q3 25
$604.3M
$11.1B
Q2 25
$622.9M
$11.3B
Q1 25
$639.7M
$11.4B
Q4 24
$667.0M
$10.5B
Q3 24
$755.3M
$10.2B
Q2 24
$748.2M
$9.5B
Q1 24
$696.5M
$9.8B

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
SLG
SLG
Operating Cash FlowLast quarter
$48.9M
$82.9M
Free Cash FlowOCF − Capex
$43.8M
FCF MarginFCF / Revenue
25.5%
Capex IntensityCapex / Revenue
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
MLR
MLR
SLG
SLG
Q4 25
$48.9M
$82.9M
Q3 25
$19.9M
$-6.8M
Q2 25
$27.2M
$54.5M
Q1 25
$2.7M
$6.7M
Q4 24
$-11.7M
$129.6M
Q3 24
$30.3M
$16.7M
Q2 24
$-10.7M
$79.4M
Q1 24
$9.0M
$-24.7M
Free Cash Flow
MLR
MLR
SLG
SLG
Q4 25
$43.8M
Q3 25
$18.1M
Q2 25
$25.6M
Q1 25
$-2.4M
Q4 24
$-13.0M
Q3 24
$24.0M
Q2 24
$-13.8M
Q1 24
$4.3M
FCF Margin
MLR
MLR
SLG
SLG
Q4 25
25.5%
Q3 25
10.1%
Q2 25
11.9%
Q1 25
-1.1%
Q4 24
-5.9%
Q3 24
7.6%
Q2 24
-3.7%
Q1 24
1.2%
Capex Intensity
MLR
MLR
SLG
SLG
Q4 25
3.0%
Q3 25
1.0%
Q2 25
0.8%
Q1 25
2.3%
Q4 24
0.6%
Q3 24
2.0%
Q2 24
0.8%
Q1 24
1.3%
Cash Conversion
MLR
MLR
SLG
SLG
Q4 25
Q3 25
6.46×
-0.24×
Q2 25
3.22×
Q1 25
0.34×
Q4 24
6.77×
Q3 24
1.96×
Q2 24
-0.52×
50.33×
Q1 24
0.53×
-1.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MLR
MLR

Segment breakdown not available.

SLG
SLG

Real Estate Segment$223.1M81%
Other$35.9M13%
Debt And Preferred Equity Segment$17.4M6%

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