Miller Industries MLR
NYSE MLR
$54.50 -0.26 (-0.47%)
As of: Sep 10, 2026 · 3:59 PM EDT

Miller Industries (MLR) Asset Utilization Ratio (2011 - 2026)

Miller Industries' (MLR) quarterly Asset Utilization Ratio came in at 1.29 in Q2 2026, down 16.45% year-over-year from 1.55 in Q2 2025, and up 1.8% quarter-over-quarter from 1.27 in Q1 2026.

Analysis

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 1.29 for Q2 2026.

  • In Q2 2026, Asset Utilization Ratio fell 16.45% year-over-year to 1.29; the TTM figure through Jun 2026 stood at 1.29 (down 16.45% YoY), while the FY2025 annual figure was 1.26, down 34.28% from the prior year.
  • Asset Utilization Ratio came in at 1.29 for Q2 2026 at Miller Industries, up from 1.27 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.
  • Average Asset Utilization Ratio over 5 years is 1.64, with a median of 1.73 recorded in 2022.
  • Year-over-year, Asset Utilization Ratio advanced 7.95% in 2022 and slipped 26.86% in 2026.
  • Over 5 years, 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 2.43% to 1.29 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.29 in Q2 2026, 1.27 in Q1 2026, and 1.32 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Caterpillar 370.59 Bn 363.87 Bn 7.76 Bn 0.75
2 Cummins 75.77 Bn 71.10 Bn 2.47 Bn 0.99
3 Paccar 64.57 Bn 55.91 Bn 1.56 Bn 0.64
4 Borgwarner 13.34 Bn 10.89 Bn 721.00 Mn 1.04
5 Allison Transmission Holdings 10.59 Bn 10.19 Bn 515.00 Mn 0.51
6 Oshkosh 9.21 Bn 8.80 Bn 480.30 Mn 1.06
7 Federal Signal 6.90 Bn 6.84 Bn 203.80 Mn 1.00
8 Terex 6.76 Bn 6.35 Bn 444.00 Mn 0.65
9 Dana 3.31 Bn 2.98 Bn 210.00 Mn 1.26
10 Miller Industries 617.32 Mn 561.68 Mn 35.94 Mn 1.29
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.29
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