Miller Industries (MLR) Dividend Coverage Ratio (2011 - 2026)
Miller Industries' (MLR) Dividend Coverage Ratio came in at 3.03 for Q2 2026, down 17.7% from 3.69 a year earlier.
Miller Industries (MLR) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Miller Industries was 1.53, down 67.8% year-over-year; for FY2025, it was 2.51, down 65.5% from FY2024.
- In prior years, Miller Industries' Dividend Coverage Ratio was 7.28 in FY2024 (+3.0%), 7.07 in FY2023 (+185.5%), 2.48 in FY2022 (+25.1%) and 1.98 in FY2021 (-45.5%).
- Quarterly Dividend Coverage Ratio has run from a low of 0.23 in Q1 2026 to a high of 9.35 in Q2 2024 over five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined in each of the last eight quarters, with an average decline of 54.1% over the last eight quarters.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q1 2023, with growth of 345.6%; the weakest was Q1 2026, with a decline of 93.4%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 0.23 (Q1 2026), 1.49 (Q4 2025) and 1.35 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.76 |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 3.03 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.03 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 1.49 |
| Sep 30, 2025 | 1.35 |
| Jun 30, 2025 | 3.69 |
| Mar 31, 2025 | 3.52 |
| Dec 31, 2024 | 4.85 |
| Sep 30, 2024 | 7.09 |
| Jun 30, 2024 | 9.35 |
| Mar 31, 2024 | 7.81 |
| Dec 31, 2023 | 8.06 |
| Sep 30, 2023 | 8.48 |
| Jun 30, 2023 | 7.24 |
| Mar 31, 2023 | 4.48 |
| Dec 31, 2022 | 4.52 |
| Sep 30, 2022 | 2.54 |
| Jun 30, 2022 | 1.83 |
| Mar 31, 2022 | 1.00 |
| Dec 31, 2021 | 1.32 |
| Sep 30, 2021 | 1.87 |
Miller Industries Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();