Miller Industries (MLR) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for Miller Industries (MLR) over the last 15 years, with Q3 2025 value amounting to 1.37.
- Miller Industries' Asset Utilization Ratio fell 2270.94% to 1.37 in Q3 2025 from the same period last year, while for Sep 2025 it was 1.37, marking a year-over-year decrease of 2270.94%. This contributed to the annual value of 1.91 for FY2024, which is 470.74% down from last year.
- Latest data reveals that Miller Industries reported Asset Utilization Ratio of 1.37 as of Q3 2025, which was down 2270.94% from 1.55 recorded in Q2 2025.
- In the past 5 years, Miller Industries' Asset Utilization Ratio registered a high of 1.87 during Q4 2023, and its lowest value of 1.37 during Q3 2025.
- Moreover, its 5-year median value for Asset Utilization Ratio was 1.73 (2023), whereas its average is 1.7.
- Per our database at Business Quant, Miller Industries' Asset Utilization Ratio soared by 795.39% in 2022 and then tumbled by 2270.94% in 2025.
- Miller Industries' Asset Utilization Ratio (Quarter) stood at 1.7 in 2021, then grew by 2.25% to 1.73 in 2022, then increased by 7.76% to 1.87 in 2023, then fell by 5.36% to 1.77 in 2024, then fell by 22.56% to 1.37 in 2025.
- Its Asset Utilization Ratio was 1.37 in Q3 2025, compared to 1.55 in Q2 2025 and 1.73 in Q1 2025.