Miller Industries (MLR) Gross Margin (2010 - 2026)

Miller Industries (MLR) posted Gross Margin of 14.2% for Q1 2026, down 7.98% sequentially from 15.43% in Q4 2025, and down 84.0% YoY from 88.75% in Q1 2025.

Miller Industries (MLR) Gross Margin (2010 - 2026) Analysis & Trends

Miller Industries (MLR) has 17 years of Gross Margin data on file, last reported at 14.2% in Q1 2026.

  • Quarterly Gross Margin fell 84.0% year-over-year to 14.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.04% (up 88.0% YoY) and the FY2025 annual result came in at 15.23%, up 165.0% from the prior year.
  • Gross Margin declined to 14.2% in Q1 2026 per MLR's latest filing, from 15.43% in the prior quarter.
  • The five-year high for Gross Margin was 16.16% in Q2 2025, with the low at 7.12% in Q1 2022.
  • Average Gross Margin over 5 years is 13.02%, with a median of 13.37% recorded in 2024.
  • Year-over-year, Gross Margin sank 225 bps in 2022 and surged 434 bps in 2023.
  • Miller Industries' Gross Margin stood at 11.3% in 2022, then advanced by 15 bps to 13.04% in 2023, then gained by 16 bps to 15.08% in 2024, then gained by 2 bps to 15.43% in 2025, then decreased by 8 bps to 14.2% in 2026.
  • Business Quant data shows MLR's Gross Margin at 14.2% in Q1 2026, 15.43% in Q4 2025, and 14.18% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 44.04%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 52.15%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 13.71%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 37.33%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -500.00%
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 19.16%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 18.09%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 19.11%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 23.12%
10 Miller Industries 578.46 Mn 525.49 Mn 25.68 Mn 14.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.20%
Dec 31, 2025 15.43%
Sep 30, 2025 14.18%
Jun 30, 2025 16.16%
Mar 31, 2025 15.04%
Dec 31, 2024 15.08%
Sep 30, 2024 13.37%
Jun 30, 2024 13.75%
Mar 31, 2024 12.65%
Dec 31, 2023 13.04%
Sep 30, 2023 15.61%
Jun 30, 2023 13.30%
Mar 31, 2023 10.78%
Dec 31, 2022 11.30%
Sep 30, 2022 11.28%
Jun 30, 2022 9.12%
Mar 31, 2022 7.12%
Dec 31, 2021 7.73%
Sep 30, 2021 10.83%
Jun 30, 2021 11.37%