Miller Industries (MLR) Dividend Coverage Ratio (2011 - 2026)
Miller Industries' (MLR) Dividend Coverage Ratio came in at 2.53 for Q3 2026, up 87.5% from 1.35 a year earlier but down 16.7% from the prior quarter.
Miller Industries (MLR) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Dividend Coverage Ratio at Miller Industries was 1.83, down 45.2% 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 increased in 1 of the last eight quarters, with an average decline of 41.1%.
- 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 3.03 (Q2 2026), 0.23 (Q1 2026) and 1.49 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 4.39 |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 6.60 |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | - |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 3.41 |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 2.31 |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 1.87 |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | - |
| 10 | Miller Industries | 523.39 Mn | 309.65 Mn | 29.78 Mn | 2.53 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.53 |
| 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 |
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();