vs

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

Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $171.9M, roughly 2.0× MILLER INDUSTRIES INC). On growth, Utz Brands, Inc. posted the faster year-over-year revenue change (-3.1% vs -22.5%). MILLER INDUSTRIES INC produced more free cash flow last quarter ($43.8M vs $16.5M). Over the past eight quarters, Utz Brands, Inc.'s revenue compounded faster (-1.5% 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...

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

MLR vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
2.0× larger
UTZ
$341.0M
$171.9M
MLR
Growing faster (revenue YoY)
UTZ
UTZ
+19.4% gap
UTZ
-3.1%
-22.5%
MLR
More free cash flow
MLR
MLR
$27.3M more FCF
MLR
$43.8M
$16.5M
UTZ
Faster 2-yr revenue CAGR
UTZ
UTZ
Annualised
UTZ
-1.5%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
MLR
MLR
UTZ
UTZ
Revenue
$171.9M
$341.0M
Net Profit
$2.3M
Gross Margin
15.4%
25.5%
Operating Margin
2.9%
2.1%
Net Margin
0.7%
Revenue YoY
-22.5%
-3.1%
Net Profit YoY
108.3%
EPS (diluted)
$0.29
$0.04

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
UTZ
UTZ
Q4 25
$171.9M
Q3 25
$178.7M
Q2 25
$214.0M
Q1 25
$225.7M
Q4 24
$221.9M
$341.0M
Q3 24
$314.3M
$365.5M
Q2 24
$371.5M
$356.2M
Q1 24
$349.9M
$346.5M
Net Profit
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
$3.1M
Q2 25
$8.5M
Q1 25
$8.1M
Q4 24
$2.3M
Q3 24
$15.4M
$-2.2M
Q2 24
$20.5M
$19.8M
Q1 24
$17.0M
$-4.0M
Gross Margin
MLR
MLR
UTZ
UTZ
Q4 25
15.4%
Q3 25
14.2%
Q2 25
16.2%
Q1 25
15.0%
Q4 24
15.1%
25.5%
Q3 24
13.4%
26.9%
Q2 24
13.8%
26.7%
Q1 24
12.6%
25.5%
Operating Margin
MLR
MLR
UTZ
UTZ
Q4 25
2.9%
Q3 25
2.4%
Q2 25
5.3%
Q1 25
4.8%
Q4 24
5.7%
2.1%
Q3 24
6.3%
5.3%
Q2 24
7.1%
6.3%
Q1 24
6.1%
2.8%
Net Margin
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
1.7%
Q2 25
4.0%
Q1 25
3.6%
Q4 24
0.7%
Q3 24
4.9%
-0.6%
Q2 24
5.5%
5.6%
Q1 24
4.9%
-1.2%
EPS (diluted)
MLR
MLR
UTZ
UTZ
Q4 25
$0.29
Q3 25
$0.27
Q2 25
$0.73
Q1 25
$0.69
Q4 24
$0.89
$0.04
Q3 24
$1.33
$-0.03
Q2 24
$1.78
$0.23
Q1 24
$1.47
$-0.05

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$56.1M
Total DebtLower is stronger
$768.6M
Stockholders' EquityBook value
$420.6M
$696.9M
Total Assets
$589.7M
$2.7B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$56.1M
Q3 24
$64.9M
Q2 24
$66.6M
Q1 24
$47.0M
Total Debt
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Q1 24
$756.9M
Stockholders' Equity
MLR
MLR
UTZ
UTZ
Q4 25
$420.6M
Q3 25
$420.7M
Q2 25
$418.6M
Q1 25
$406.5M
Q4 24
$401.0M
$696.9M
Q3 24
$395.2M
$685.7M
Q2 24
$379.9M
$686.0M
Q1 24
$362.4M
$671.1M
Total Assets
MLR
MLR
UTZ
UTZ
Q4 25
$589.7M
Q3 25
$604.3M
Q2 25
$622.9M
Q1 25
$639.7M
Q4 24
$667.0M
$2.7B
Q3 24
$755.3M
$2.6B
Q2 24
$748.2M
$2.7B
Q1 24
$696.5M
$2.6B
Debt / Equity
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
1.13×

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
UTZ
UTZ
Operating Cash FlowLast quarter
$48.9M
$54.2M
Free Cash FlowOCF − Capex
$43.8M
$16.5M
FCF MarginFCF / Revenue
25.5%
4.8%
Capex IntensityCapex / Revenue
3.0%
11.1%
Cash ConversionOCF / Net Profit
23.67×
TTM Free Cash FlowTrailing 4 quarters
$85.0M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLR
MLR
UTZ
UTZ
Q4 25
$48.9M
Q3 25
$19.9M
Q2 25
$27.2M
Q1 25
$2.7M
Q4 24
$-11.7M
$54.2M
Q3 24
$30.3M
$52.2M
Q2 24
$-10.7M
$8.9M
Q1 24
$9.0M
$-9.1M
Free Cash Flow
MLR
MLR
UTZ
UTZ
Q4 25
$43.8M
Q3 25
$18.1M
Q2 25
$25.6M
Q1 25
$-2.4M
Q4 24
$-13.0M
$16.5M
Q3 24
$24.0M
$29.1M
Q2 24
$-13.8M
$-15.3M
Q1 24
$4.3M
$-22.7M
FCF Margin
MLR
MLR
UTZ
UTZ
Q4 25
25.5%
Q3 25
10.1%
Q2 25
11.9%
Q1 25
-1.1%
Q4 24
-5.9%
4.8%
Q3 24
7.6%
8.0%
Q2 24
-3.7%
-4.3%
Q1 24
1.2%
-6.5%
Capex Intensity
MLR
MLR
UTZ
UTZ
Q4 25
3.0%
Q3 25
1.0%
Q2 25
0.8%
Q1 25
2.3%
Q4 24
0.6%
11.1%
Q3 24
2.0%
6.3%
Q2 24
0.8%
6.8%
Q1 24
1.3%
3.9%
Cash Conversion
MLR
MLR
UTZ
UTZ
Q4 25
Q3 25
6.46×
Q2 25
3.22×
Q1 25
0.34×
Q4 24
23.67×
Q3 24
1.96×
Q2 24
-0.52×
0.45×
Q1 24
0.53×

Financial Flow Comparison

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

Related Comparisons