Miller Industries (MLR) Asset Utilization Ratio (2011 - 2026)
Miller Industries' (MLR) quarterly Asset Utilization Ratio came in at 1.27 in Q1 2026, down 26.86% year-on-year from 1.73 in Q1 2025, and down 4.16% quarter-over-quarter from 1.32 in Q4 2025.
Miller Industries (MLR) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Miller Industries has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 1.27 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.27, down 26.86% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.27 (down 26.86% YoY), and the FY2025 annual result was 1.26, down 34.28% from the prior year.
- Asset Utilization Ratio came in at 1.27 for Q1 2026 at Miller Industries, down from 1.32 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.87 in Q4 2023 to a low of 1.27 in Q1 2026.
- The 5-year median for Asset Utilization Ratio is 1.73 (2022), against an average of 1.66.
- Across the five-year window, Asset Utilization Ratio gained 7.95% in 2022 and decreased 26.86% in 2026, its largest moves.
- Miller Industries' Asset Utilization Ratio stood at 1.73 in 2022, then grew by 7.76% to 1.87 in 2023, then declined by 5.36% to 1.77 in 2024, then declined by 25.14% to 1.32 in 2025, then declined by 4.16% to 1.27 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.27 (Q1 2026), 1.32 (Q4 2025), and 1.37 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 75.10 Bn | 74.85 Bn | 2.35 Bn | 1.09 |
| 2 | Autozone | 51.89 Bn | 51.61 Bn | 2.24 Bn | 0.98 |
| 3 | Borgwarner | 15.04 Bn | 15.20 Bn | 677.00 Mn | 1.05 |
| 4 | Modine Manufacturing | 14.67 Bn | 14.58 Bn | 186.10 Mn | 1.18 |
| 5 | Aptiv | 14.58 Bn | 11.51 Bn | 920.00 Mn | 0.85 |
| 6 | Genuine Parts | 13.66 Bn | 13.18 Bn | 2.34 Bn | 1.18 |
| 7 | Aurora Innovation | 11.95 Bn | 10.73 Bn | -5.00 Mn | 0.00 |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 1.33 |
| 9 | Allison Transmission Holdings | 9.76 Bn | 9.45 Bn | 406.00 Mn | 0.49 |
| 10 | Miller Industries | 550.45 Mn | 497.47 Mn | 25.68 Mn | 1.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27 |
| Dec 31, 2025 | 1.32 |
| Sep 30, 2025 | 1.37 |
| Jun 30, 2025 | 1.55 |
| Mar 31, 2025 | 1.73 |
| Dec 31, 2024 | 1.77 |
| Sep 30, 2024 | 1.77 |
| Jun 30, 2024 | 1.79 |
| Mar 31, 2024 | 1.82 |
| Dec 31, 2023 | 1.87 |
| Sep 30, 2023 | 1.81 |
| Jun 30, 2023 | 1.74 |
| Mar 31, 2023 | 1.73 |
| Dec 31, 2022 | 1.73 |
| Sep 30, 2022 | 1.69 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 1.69 |
| Dec 31, 2021 | 1.70 |
| Sep 30, 2021 | 1.66 |
| Jun 30, 2021 | 1.63 |