Miller Industries (MLR) Change in Inventory (2010 - 2026)
Miller Industries' Change in Inventory was $6.69 million in Q3 2026, down 53.7% from $14.44 million a year earlier.
Miller Industries (MLR) Change in Inventory (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Miller Industries' Change in Inventory was -$29.29 million through Sep 30, 2026; for FY2025, it came in at -$18.92 million.
- In earlier years, Change in Inventory was -$2.18 million in FY2024, $30.42 million in FY2023 (-25.3%), $40.75 million in FY2022 (+27.1%) and $32.07 million in FY2021.
- Quarterly Change in Inventory has moved between -$21.29 million (Q1 2025) and $18.05 million (Q2 2022) over five years.
- The best year-over-year quarter for Change in Inventory over five years was Q3 2025 (growth of 815.3%); the worst was Q3 2024 (a decline of 80.9%).
- Per Business Quant data, MLR's Change in Inventory in the three quarters before Q3 2026 was -$14.56 million (Q2 2026), -$12.45 million (Q1 2026) and -$8.97 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 1.57 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | - |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | -295.00 Mn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 232.00 Mn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 212.00 Mn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 60.00 Mn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 67.00 Mn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 766.90 Mn |
| 10 | Miller Industries | 523.39 Mn | 309.65 Mn | 29.78 Mn | 6.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.69 Mn |
| Jun 30, 2026 | -14.56 Mn |
| Mar 31, 2026 | -12.45 Mn |
| Dec 31, 2025 | -8.97 Mn |
| Sep 30, 2025 | 14.44 Mn |
| Jun 30, 2025 | -3.09 Mn |
| Mar 31, 2025 | -21.29 Mn |
| Dec 31, 2024 | -1.74 Mn |
| Sep 30, 2024 | 1.58 Mn |
| Jun 30, 2024 | 2.98 Mn |
| Mar 31, 2024 | -5.00 Mn |
| Dec 31, 2023 | 12.76 Mn |
| Sep 30, 2023 | 8.25 Mn |
| Jun 30, 2023 | -913,000.00 |
| Mar 31, 2023 | 10.32 Mn |
| Dec 31, 2022 | 8.12 Mn |
| Sep 30, 2022 | 5.14 Mn |
| Jun 30, 2022 | 18.05 Mn |
| Mar 31, 2022 | 9.43 Mn |
| Dec 31, 2021 | 7.08 Mn |
Miller Industries Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "MLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();