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| Date | Value |
|---|---|
| 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% |