Miller Industries (MLR) Asset Utilization Ratio (2011 - 2026)
Miller Industries (MLR) posted Asset Utilization Ratio of 1.27 for Q1 2026, down 4.16% sequentially from 1.32 in Q4 2025, and down 26.86% YoY from 1.73 in Q1 2025.
Miller Industries (MLR) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Miller Industries (MLR) has 16 years of Asset Utilization Ratio data on file, last reported at 1.27 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 26.86% year-over-year to 1.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.27 (down 26.86% YoY) and the FY2025 annual result came in at 1.26, down 34.28% from the prior year.
- Asset Utilization Ratio fell to 1.27 in Q1 2026 per MLR's latest filing, from 1.32 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.87 in Q4 2023, with the low at 1.27 in Q1 2026.
- Average Asset Utilization Ratio over 5 years is 1.66, with a median of 1.73 recorded in 2022.
- Year-over-year, Asset Utilization Ratio increased 7.95% in 2022 and fell 26.86% in 2026.
- Miller Industries' Asset Utilization Ratio stood at 1.73 in 2022, then gained by 7.76% to 1.87 in 2023, then decreased by 5.36% to 1.77 in 2024, then decreased by 25.14% to 1.32 in 2025, then decreased by 4.16% to 1.27 in 2026.
- Business Quant data shows MLR's Asset Utilization Ratio at 1.27 in Q1 2026, 1.32 in Q4 2025, and 1.37 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 0.72 |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 0.99 |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 1.18 |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 0.00 |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 1.05 |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 0.85 |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 1.28 |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 1.18 |
| 10 | Miller Industries | 578.46 Mn | 525.49 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 |