Miller Industries (MLR) Gross Margin (2010 - 2026)
Miller Industries recorded quarterly Gross Margin of 14.2% in Q1 2026, down 7.98% quarter-over-quarter from 15.43% in Q4 2025, and down 84.0% year-over-year from 88.75% in Q1 2025.
Miller Industries' Gross Margin history runs 17 years deep, the most recent figure standing at 14.2% for Q1 2026.
- In Q1 2026, Gross Margin fell 84.0% year-over-year to 14.2%; the TTM figure through Mar 2026 stood at 15.04% (up 88.0% YoY), while the FY2025 annual figure was 15.23%, up 165.0% from the prior year.
- Gross Margin came in at 14.2% for Q1 2026 at Miller Industries, down from 15.43% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 16.16% in Q2 2025 to a low of 7.12% in Q1 2022.
- A 5-year average of 13.02% and a median of 13.37% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 225 bps in 2022 and surged 434 bps in 2023, its largest moves.
- Miller Industries' Gross Margin stood at 11.3% in 2022, then rose by 15 bps to 13.04% in 2023, then increased by 16 bps to 15.08% in 2024, then increased by 2 bps to 15.43% in 2025, then fell by 8 bps to 14.2% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 14.2%, 15.43%, and 14.18% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 52.49% |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 37.33% |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 23.12% |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 19.16% |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 18.09% |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 28.88% |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 19.11% |
| 10 | Miller Industries | 527.79 Mn | 474.81 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% |
| Mar 31, 2021 | 9.32% |
| Dec 31, 2020 | 13.60% |
| Sep 30, 2020 | 10.60% |
| Jun 30, 2020 | 13.79% |
| Mar 31, 2020 | 10.53% |
| Dec 31, 2019 | 13.26% |
| Sep 30, 2019 | 11.13% |
| Jun 30, 2019 | 11.34% |
| Mar 31, 2019 | 11.46% |
| Dec 31, 2018 | 12.31% |
| Sep 30, 2018 | 10.97% |
| Jun 30, 2018 | 12.03% |
| Mar 31, 2018 | 11.58% |
| Dec 31, 2017 | 11.55% |
| Sep 30, 2017 | 10.20% |
| Jun 30, 2017 | 11.50% |
| Mar 31, 2017 | 10.34% |
| Dec 31, 2016 | 10.20% |
| Sep 30, 2016 | 11.60% |
| Jun 30, 2016 | 12.19% |
| Mar 31, 2016 | 8.72% |
| Dec 31, 2015 | 11.23% |
| Sep 30, 2015 | 10.14% |
| Jun 30, 2015 | 11.58% |
| Mar 31, 2015 | 9.43% |
| Dec 31, 2014 | 11.21% |
| Sep 30, 2014 | 10.95% |
| Jun 30, 2014 | 10.22% |
| Mar 31, 2014 | 10.50% |
| Dec 31, 2013 | 10.38% |
| Sep 30, 2013 | 10.30% |
| Jun 30, 2013 | 11.08% |
| Mar 31, 2013 | 10.16% |
| Dec 31, 2012 | 11.40% |
| Sep 30, 2012 | 11.82% |
| Jun 30, 2012 | 12.10% |
| Mar 31, 2012 | 11.46% |
| Dec 31, 2011 | 14.88% |
| Sep 30, 2011 | 16.14% |
| Jun 30, 2011 | 17.91% |
| Mar 31, 2011 | 19.03% |
| Dec 31, 2010 | 16.40% |
| Sep 30, 2010 | 15.49% |
| Jun 30, 2010 | 14.80% |