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

MILLER INDUSTRIES INC is the larger business by last-quarter revenue ($171.9M vs $140.6M, roughly 1.2× VERACYTE, INC.). On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs -22.5%). VERACYTE, INC. produced more free cash flow last quarter ($48.8M vs $43.8M). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% 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...

Veracyte Inc. is a leading molecular diagnostics company that develops and commercializes proprietary genomic testing solutions for early, accurate detection of cancer and other complex diseases. Its offerings help healthcare providers make better clinical decisions to improve patient outcomes, with core operations in the U.S. and expanding global market presence across key clinical segments.

MLR vs VCYT — Head-to-Head

Bigger by revenue
MLR
MLR
1.2× larger
MLR
$171.9M
$140.6M
VCYT
Growing faster (revenue YoY)
VCYT
VCYT
+41.1% gap
VCYT
18.5%
-22.5%
MLR
More free cash flow
VCYT
VCYT
$5.0M more FCF
VCYT
$48.8M
$43.8M
MLR
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLR
MLR
VCYT
VCYT
Revenue
$171.9M
$140.6M
Net Profit
$41.1M
Gross Margin
15.4%
72.5%
Operating Margin
2.9%
26.4%
Net Margin
29.3%
Revenue YoY
-22.5%
18.5%
Net Profit YoY
704.8%
EPS (diluted)
$0.29
$0.50

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
VCYT
VCYT
Q4 25
$171.9M
$140.6M
Q3 25
$178.7M
$131.9M
Q2 25
$214.0M
$130.2M
Q1 25
$225.7M
$114.5M
Q4 24
$221.9M
$118.6M
Q3 24
$314.3M
$115.9M
Q2 24
$371.5M
$114.4M
Q1 24
$349.9M
$96.8M
Net Profit
MLR
MLR
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$3.1M
$19.1M
Q2 25
$8.5M
$-980.0K
Q1 25
$8.1M
$7.0M
Q4 24
$5.1M
Q3 24
$15.4M
$15.2M
Q2 24
$20.5M
$5.7M
Q1 24
$17.0M
$-1.9M
Gross Margin
MLR
MLR
VCYT
VCYT
Q4 25
15.4%
72.5%
Q3 25
14.2%
69.2%
Q2 25
16.2%
69.0%
Q1 25
15.0%
69.5%
Q4 24
15.1%
66.4%
Q3 24
13.4%
68.2%
Q2 24
13.8%
68.1%
Q1 24
12.6%
64.5%
Operating Margin
MLR
MLR
VCYT
VCYT
Q4 25
2.9%
26.4%
Q3 25
2.4%
17.4%
Q2 25
5.3%
-4.0%
Q1 25
4.8%
2.5%
Q4 24
5.7%
3.5%
Q3 24
6.3%
10.4%
Q2 24
7.1%
4.0%
Q1 24
6.1%
-4.8%
Net Margin
MLR
MLR
VCYT
VCYT
Q4 25
29.3%
Q3 25
1.7%
14.5%
Q2 25
4.0%
-0.8%
Q1 25
3.6%
6.2%
Q4 24
4.3%
Q3 24
4.9%
13.1%
Q2 24
5.5%
5.0%
Q1 24
4.9%
-1.9%
EPS (diluted)
MLR
MLR
VCYT
VCYT
Q4 25
$0.29
$0.50
Q3 25
$0.27
$0.24
Q2 25
$0.73
$-0.01
Q1 25
$0.69
$0.09
Q4 24
$0.89
$0.07
Q3 24
$1.33
$0.19
Q2 24
$1.78
$0.07
Q1 24
$1.47
$-0.02

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$420.6M
$1.3B
Total Assets
$589.7M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
VCYT
VCYT
Q4 25
$362.6M
Q3 25
$315.6M
Q2 25
$219.5M
Q1 25
$186.1M
Q4 24
$239.1M
Q3 24
$274.1M
Q2 24
$235.9M
Q1 24
$209.2M
Stockholders' Equity
MLR
MLR
VCYT
VCYT
Q4 25
$420.6M
$1.3B
Q3 25
$420.7M
$1.3B
Q2 25
$418.6M
$1.2B
Q1 25
$406.5M
$1.2B
Q4 24
$401.0M
$1.2B
Q3 24
$395.2M
$1.2B
Q2 24
$379.9M
$1.1B
Q1 24
$362.4M
$1.1B
Total Assets
MLR
MLR
VCYT
VCYT
Q4 25
$589.7M
$1.4B
Q3 25
$604.3M
$1.4B
Q2 25
$622.9M
$1.3B
Q1 25
$639.7M
$1.3B
Q4 24
$667.0M
$1.3B
Q3 24
$755.3M
$1.3B
Q2 24
$748.2M
$1.2B
Q1 24
$696.5M
$1.2B

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
VCYT
VCYT
Operating Cash FlowLast quarter
$48.9M
$52.6M
Free Cash FlowOCF − Capex
$43.8M
$48.8M
FCF MarginFCF / Revenue
25.5%
34.7%
Capex IntensityCapex / Revenue
3.0%
2.7%
Cash ConversionOCF / Net Profit
1.28×
TTM Free Cash FlowTrailing 4 quarters
$85.0M
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLR
MLR
VCYT
VCYT
Q4 25
$48.9M
$52.6M
Q3 25
$19.9M
$44.8M
Q2 25
$27.2M
$33.6M
Q1 25
$2.7M
$5.4M
Q4 24
$-11.7M
$24.5M
Q3 24
$30.3M
$30.0M
Q2 24
$-10.7M
$29.6M
Q1 24
$9.0M
$-9.0M
Free Cash Flow
MLR
MLR
VCYT
VCYT
Q4 25
$43.8M
$48.8M
Q3 25
$18.1M
$42.0M
Q2 25
$25.6M
$32.3M
Q1 25
$-2.4M
$3.5M
Q4 24
$-13.0M
$20.4M
Q3 24
$24.0M
$27.7M
Q2 24
$-13.8M
$26.8M
Q1 24
$4.3M
$-11.1M
FCF Margin
MLR
MLR
VCYT
VCYT
Q4 25
25.5%
34.7%
Q3 25
10.1%
31.8%
Q2 25
11.9%
24.8%
Q1 25
-1.1%
3.1%
Q4 24
-5.9%
17.2%
Q3 24
7.6%
23.9%
Q2 24
-3.7%
23.4%
Q1 24
1.2%
-11.5%
Capex Intensity
MLR
MLR
VCYT
VCYT
Q4 25
3.0%
2.7%
Q3 25
1.0%
2.1%
Q2 25
0.8%
1.0%
Q1 25
2.3%
1.6%
Q4 24
0.6%
3.5%
Q3 24
2.0%
1.9%
Q2 24
0.8%
2.4%
Q1 24
1.3%
2.2%
Cash Conversion
MLR
MLR
VCYT
VCYT
Q4 25
1.28×
Q3 25
6.46×
2.34×
Q2 25
3.22×
Q1 25
0.34×
0.76×
Q4 24
4.80×
Q3 24
1.96×
1.98×
Q2 24
-0.52×
5.16×
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.

VCYT
VCYT

Testing$135.8M97%
Products$3.8M3%
Biopharmaceutical And Other$686.0K0%

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