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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |