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 has reported Asset Utilization Ratio for 16 years, with the latest figure 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.
- Over five years, Asset Utilization Ratio peaked at 1.87 in Q4 2023 and troughed at 1.27 in Q1 2026.
- A 5-year average of 1.66 and a median of 1.73 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio climbed 7.95% in 2022, then dropped 26.86% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 1.73 in 2022, then rose by 7.76% to 1.87 in 2023, then retreated by 5.36% to 1.77 in 2024, then retreated by 25.14% to 1.32 in 2025, then retreated by 4.16% to 1.27 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.27, 1.32, and 1.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 1.08 |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 1.19 |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 1.04 |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 0.51 |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 0.87 |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 1.31 |
| 10 | Miller Industries | 652.76 Mn | 597.12 Mn | 35.94 Mn | 1.29 |
Historic Data
Download 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 |