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Side-by-side financial comparison of MILLER INDUSTRIES INC (MLR) and STAG Industrial, Inc. (STAG). Click either name above to swap in a different company.

STAG Industrial, Inc. is the larger business by last-quarter revenue ($224.2M vs $171.9M, roughly 1.3× MILLER INDUSTRIES INC). On growth, STAG Industrial, Inc. posted the faster year-over-year revenue change (9.1% vs -22.5%). Over the past eight quarters, STAG Industrial, Inc.'s revenue compounded faster (8.7% 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...

Stag Arms is a firearms manufacturer founded in May 2003 and located in Cheyenne, Wyoming. Stag Arms is a manufacturer of the AR-15 type rifle, marketed as Stag-15 rifles. Stag advertises that all their weapons and accessories are made in the United States. They are best known for their left-handed AR-15 rifles, which use a mirror imaged upper receiver and have the ejection port reversed for left-handed shooters and the safety selector control on the right side of the lower receiver.

MLR vs STAG — Head-to-Head

Bigger by revenue
STAG
STAG
1.3× larger
STAG
$224.2M
$171.9M
MLR
Growing faster (revenue YoY)
STAG
STAG
+31.6% gap
STAG
9.1%
-22.5%
MLR
Faster 2-yr revenue CAGR
STAG
STAG
Annualised
STAG
8.7%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MLR
MLR
STAG
STAG
Revenue
$171.9M
$224.2M
Net Profit
$62.0M
Gross Margin
15.4%
Operating Margin
2.9%
Net Margin
27.6%
Revenue YoY
-22.5%
9.1%
Net Profit YoY
EPS (diluted)
$0.29
$0.32

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
STAG
STAG
Q1 26
$224.2M
Q4 25
$171.9M
$220.9M
Q3 25
$178.7M
$211.1M
Q2 25
$214.0M
$207.6M
Q1 25
$225.7M
$205.6M
Q4 24
$221.9M
$199.3M
Q3 24
$314.3M
$190.7M
Q2 24
$371.5M
$189.8M
Net Profit
MLR
MLR
STAG
STAG
Q1 26
$62.0M
Q4 25
$83.5M
Q3 25
$3.1M
$48.6M
Q2 25
$8.5M
$50.0M
Q1 25
$8.1M
$91.4M
Q4 24
$51.0M
Q3 24
$15.4M
$41.9M
Q2 24
$20.5M
$59.8M
Gross Margin
MLR
MLR
STAG
STAG
Q1 26
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%
Operating Margin
MLR
MLR
STAG
STAG
Q1 26
Q4 25
2.9%
Q3 25
2.4%
Q2 25
5.3%
Q1 25
4.8%
Q4 24
5.7%
Q3 24
6.3%
Q2 24
7.1%
Net Margin
MLR
MLR
STAG
STAG
Q1 26
27.6%
Q4 25
37.8%
Q3 25
1.7%
23.0%
Q2 25
4.0%
24.1%
Q1 25
3.6%
44.5%
Q4 24
25.6%
Q3 24
4.9%
21.9%
Q2 24
5.5%
31.5%
EPS (diluted)
MLR
MLR
STAG
STAG
Q1 26
$0.32
Q4 25
$0.29
Q3 25
$0.27
Q2 25
$0.73
Q1 25
$0.69
Q4 24
$0.89
Q3 24
$1.33
Q2 24
$1.78

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
STAG
STAG
Cash + ST InvestmentsLiquidity on hand
$8.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$420.6M
$3.6B
Total Assets
$589.7M
$7.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
STAG
STAG
Q1 26
$8.9M
Q4 25
$14.9M
Q3 25
$17.3M
Q2 25
$15.4M
Q1 25
$9.3M
Q4 24
$36.3M
Q3 24
$70.0M
Q2 24
$33.3M
Total Debt
MLR
MLR
STAG
STAG
Q1 26
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
MLR
MLR
STAG
STAG
Q1 26
$3.6B
Q4 25
$420.6M
$3.6B
Q3 25
$420.7M
$3.4B
Q2 25
$418.6M
$3.4B
Q1 25
$406.5M
$3.5B
Q4 24
$401.0M
$3.5B
Q3 24
$395.2M
$3.3B
Q2 24
$379.9M
$3.3B
Total Assets
MLR
MLR
STAG
STAG
Q1 26
$7.2B
Q4 25
$589.7M
$7.2B
Q3 25
$604.3M
$6.9B
Q2 25
$622.9M
$6.8B
Q1 25
$639.7M
$6.8B
Q4 24
$667.0M
$6.8B
Q3 24
$755.3M
$6.6B
Q2 24
$748.2M
$6.4B
Debt / Equity
MLR
MLR
STAG
STAG
Q1 26
Q4 25
0.91×
Q3 25
0.91×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.88×
Q3 24
0.89×
Q2 24
0.84×

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
STAG
STAG
Operating Cash FlowLast quarter
$48.9M
Free Cash FlowOCF − Capex
$43.8M
FCF MarginFCF / Revenue
25.5%
Capex IntensityCapex / Revenue
3.0%
3.9%
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
STAG
STAG
Q1 26
Q4 25
$48.9M
$104.5M
Q3 25
$19.9M
$143.5M
Q2 25
$27.2M
$111.9M
Q1 25
$2.7M
$103.5M
Q4 24
$-11.7M
$104.9M
Q3 24
$30.3M
$128.0M
Q2 24
$-10.7M
$122.2M
Free Cash Flow
MLR
MLR
STAG
STAG
Q1 26
Q4 25
$43.8M
$43.8M
Q3 25
$18.1M
$95.5M
Q2 25
$25.6M
$62.3M
Q1 25
$-2.4M
$57.2M
Q4 24
$-13.0M
$37.6M
Q3 24
$24.0M
$86.7M
Q2 24
$-13.8M
$105.0M
FCF Margin
MLR
MLR
STAG
STAG
Q1 26
Q4 25
25.5%
19.8%
Q3 25
10.1%
45.2%
Q2 25
11.9%
30.0%
Q1 25
-1.1%
27.8%
Q4 24
-5.9%
18.8%
Q3 24
7.6%
45.5%
Q2 24
-3.7%
55.3%
Capex Intensity
MLR
MLR
STAG
STAG
Q1 26
3.9%
Q4 25
3.0%
27.4%
Q3 25
1.0%
22.7%
Q2 25
0.8%
23.9%
Q1 25
2.3%
22.5%
Q4 24
0.6%
33.8%
Q3 24
2.0%
21.6%
Q2 24
0.8%
9.1%
Cash Conversion
MLR
MLR
STAG
STAG
Q1 26
Q4 25
1.25×
Q3 25
6.46×
2.95×
Q2 25
3.22×
2.24×
Q1 25
0.34×
1.13×
Q4 24
2.06×
Q3 24
1.96×
3.06×
Q2 24
-0.52×
2.04×

Financial Flow Comparison

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

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