Miller Industries MLR
NYSE MLR
$54.50 -0.26 (-0.47%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Miller Industries' (MLR) quarterly Gross Margin came in at 14.97% in Q2 2026, down 119.0% year-over-year from 78.81% in Q2 2025, and up 5.45% quarter-over-quarter from 14.2% in Q1 2026.

Analysis

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

Miller Industries has disclosed Gross Margin across 17 years of filings, most recently posting 14.97% for Q2 2026.

  • In Q2 2026, Gross Margin fell 119.0% year-over-year to 14.97%; the TTM figure through Jun 2026 stood at 14.71% (down 5.0% YoY), while the FY2025 annual figure was 15.23%, up 165.0% from the prior year.
  • Gross Margin came in at 14.97% for Q2 2026 at Miller Industries, up from 14.2% 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.
  • Average Gross Margin over 5 years is 13.13%, with a median of 13.56% recorded in 2024.
  • Year-over-year, Gross Margin slumped 225 bps in 2022 and surged 434 bps in 2023.
  • Over 5 years, Gross Margin stood at 11.3% in 2022, then increased by 15 bps to 13.04% in 2023, then grew by 16 bps to 15.08% in 2024, then grew by 2 bps to 15.43% in 2025, then retreated by 3 bps to 14.97% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 14.97% in Q2 2026, 14.2% in Q1 2026, and 15.43% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caterpillar 370.59 Bn 363.87 Bn 7.76 Bn 37.78%
2 Cummins 75.77 Bn 71.10 Bn 2.47 Bn 26.07%
3 Paccar 64.57 Bn 55.91 Bn 1.56 Bn 20.64%
4 Borgwarner 13.34 Bn 10.89 Bn 721.00 Mn 19.76%
5 Allison Transmission Holdings 10.59 Bn 10.19 Bn 515.00 Mn 32.89%
6 Oshkosh 9.21 Bn 8.80 Bn 480.30 Mn 16.48%
7 Federal Signal 6.90 Bn 6.84 Bn 203.80 Mn 30.41%
8 Terex 6.76 Bn 6.35 Bn 444.00 Mn 19.84%
9 Dana 3.31 Bn 2.98 Bn 210.00 Mn 10.45%
10 Miller Industries 617.32 Mn 561.68 Mn 35.94 Mn 14.97%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.97%
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%