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Side-by-side financial comparison of MILLER INDUSTRIES INC (MLR) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($226.2M vs $171.9M, roughly 1.3× MILLER INDUSTRIES INC). On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (-10.0% vs -22.5%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (3.1% 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...

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

MLR vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
1.3× larger
USNA
$226.2M
$171.9M
MLR
Growing faster (revenue YoY)
USNA
USNA
+12.5% gap
USNA
-10.0%
-22.5%
MLR
Faster 2-yr revenue CAGR
USNA
USNA
Annualised
USNA
3.1%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLR
MLR
USNA
USNA
Revenue
$171.9M
$226.2M
Net Profit
$180.0K
Gross Margin
15.4%
78.2%
Operating Margin
2.9%
1.7%
Net Margin
0.1%
Revenue YoY
-22.5%
-10.0%
Net Profit YoY
-74.0%
EPS (diluted)
$0.29
$-0.10

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
USNA
USNA
Q4 25
$171.9M
$226.2M
Q3 25
$178.7M
$213.7M
Q2 25
$214.0M
$235.8M
Q1 25
$225.7M
$249.5M
Q4 24
$221.9M
$213.6M
Q3 24
$314.3M
$200.2M
Q2 24
$371.5M
$212.9M
Q1 24
$349.9M
Net Profit
MLR
MLR
USNA
USNA
Q4 25
$180.0K
Q3 25
$3.1M
$-6.5M
Q2 25
$8.5M
$9.7M
Q1 25
$8.1M
$9.4M
Q4 24
$4.5M
Q3 24
$15.4M
$10.6M
Q2 24
$20.5M
$10.4M
Q1 24
$17.0M
Gross Margin
MLR
MLR
USNA
USNA
Q4 25
15.4%
78.2%
Q3 25
14.2%
77.2%
Q2 25
16.2%
78.7%
Q1 25
15.0%
79.0%
Q4 24
15.1%
82.0%
Q3 24
13.4%
80.4%
Q2 24
13.8%
81.1%
Q1 24
12.6%
Operating Margin
MLR
MLR
USNA
USNA
Q4 25
2.9%
1.7%
Q3 25
2.4%
0.6%
Q2 25
5.3%
7.1%
Q1 25
4.8%
6.3%
Q4 24
5.7%
3.8%
Q3 24
6.3%
7.8%
Q2 24
7.1%
8.4%
Q1 24
6.1%
Net Margin
MLR
MLR
USNA
USNA
Q4 25
0.1%
Q3 25
1.7%
-3.1%
Q2 25
4.0%
4.1%
Q1 25
3.6%
3.8%
Q4 24
2.1%
Q3 24
4.9%
5.3%
Q2 24
5.5%
4.9%
Q1 24
4.9%
EPS (diluted)
MLR
MLR
USNA
USNA
Q4 25
$0.29
$-0.10
Q3 25
$0.27
$-0.36
Q2 25
$0.73
$0.52
Q1 25
$0.69
$0.49
Q4 24
$0.89
$0.23
Q3 24
$1.33
$0.56
Q2 24
$1.78
$0.54
Q1 24
$1.47

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$158.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$420.6M
Total Assets
$589.7M
$742.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
USNA
USNA
Q4 25
$158.4M
Q3 25
$145.3M
Q2 25
$151.3M
Q1 25
$179.6M
Q4 24
$181.8M
Q3 24
$364.9M
Q2 24
$332.4M
Q1 24
Stockholders' Equity
MLR
MLR
USNA
USNA
Q4 25
$420.6M
Q3 25
$420.7M
$528.1M
Q2 25
$418.6M
$531.1M
Q1 25
$406.5M
$529.8M
Q4 24
$401.0M
$532.1M
Q3 24
$395.2M
$533.1M
Q2 24
$379.9M
$512.2M
Q1 24
$362.4M
Total Assets
MLR
MLR
USNA
USNA
Q4 25
$589.7M
$742.9M
Q3 25
$604.3M
$726.6M
Q2 25
$622.9M
$734.5M
Q1 25
$639.7M
$746.6M
Q4 24
$667.0M
$748.2M
Q3 24
$755.3M
$671.3M
Q2 24
$748.2M
$631.4M
Q1 24
$696.5M

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
USNA
USNA
Operating Cash FlowLast quarter
$48.9M
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
USNA
USNA
Q4 25
$48.9M
Q3 25
$19.9M
$-2.0M
Q2 25
$27.2M
$12.2M
Q1 25
$2.7M
$15.5M
Q4 24
$-11.7M
$5.8M
Q3 24
$30.3M
$29.5M
Q2 24
$-10.7M
$8.0M
Q1 24
$9.0M
Free Cash Flow
MLR
MLR
USNA
USNA
Q4 25
$43.8M
Q3 25
$18.1M
$-5.2M
Q2 25
$25.6M
$7.2M
Q1 25
$-2.4M
$12.7M
Q4 24
$-13.0M
$4.0M
Q3 24
$24.0M
$27.1M
Q2 24
$-13.8M
$5.3M
Q1 24
$4.3M
FCF Margin
MLR
MLR
USNA
USNA
Q4 25
25.5%
Q3 25
10.1%
-2.4%
Q2 25
11.9%
3.0%
Q1 25
-1.1%
5.1%
Q4 24
-5.9%
1.9%
Q3 24
7.6%
13.6%
Q2 24
-3.7%
2.5%
Q1 24
1.2%
Capex Intensity
MLR
MLR
USNA
USNA
Q4 25
3.0%
Q3 25
1.0%
1.5%
Q2 25
0.8%
2.1%
Q1 25
2.3%
1.1%
Q4 24
0.6%
0.8%
Q3 24
2.0%
1.2%
Q2 24
0.8%
1.3%
Q1 24
1.3%
Cash Conversion
MLR
MLR
USNA
USNA
Q4 25
Q3 25
6.46×
Q2 25
3.22×
1.27×
Q1 25
0.34×
1.65×
Q4 24
1.29×
Q3 24
1.96×
2.78×
Q2 24
-0.52×
0.77×
Q1 24
0.53×

Financial Flow Comparison

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

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