Miller Industries (MLR) Interest Coverage Ratio (2010 - 2026)
Miller Industries' (MLR) Interest Coverage Ratio came in at 30.57 for Q2 2026, down 19.6% from 38.03 a year earlier but up 155.8% from the prior quarter.
Miller Industries (MLR) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Miller Industries was 28.69, down 46.9% year-over-year; for FY2025, it was 47.59, up 121.3% from FY2024.
- Annual Interest Coverage Ratio has increased for three consecutive years.
- In prior years, Miller Industries' Interest Coverage Ratio was 21.51 in FY2024 (+63.1%), 13.18 in FY2023 (+50.6%), 8.76 in FY2022 (-49.8%) and 17.43 in FY2021 (-45.2%).
- Quarterly Interest Coverage Ratio has run from a low of 7.07 in Q1 2022 to a high of 112.46 in Q1 2025 over five years.
- On a year-over-year basis, Interest Coverage Ratio has declined in each of the last four quarters, with growth averaging 145.3% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2025, with growth of 516.8%; the weakest was Q1 2026, with a decline of 89.4%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 11.95 (Q1 2026), 30.67 (Q4 2025) and 43.92 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 30.57 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.57 |
| Mar 31, 2026 | 11.95 |
| Dec 31, 2025 | 30.67 |
| Sep 30, 2025 | 43.92 |
| Jun 30, 2025 | 38.03 |
| Mar 31, 2025 | 112.46 |
| Dec 31, 2024 | 35.88 |
| Sep 30, 2024 | 78.49 |
| Jun 30, 2024 | 13.82 |
| Mar 31, 2024 | 18.23 |
| Dec 31, 2023 | 15.37 |
| Sep 30, 2023 | 12.99 |
| Jun 30, 2023 | 12.03 |
| Mar 31, 2023 | 12.34 |
| Dec 31, 2022 | 9.61 |
| Sep 30, 2022 | 8.16 |
| Jun 30, 2022 | 9.11 |
| Mar 31, 2022 | 7.07 |
| Dec 31, 2021 | 9.73 |
| Sep 30, 2021 | 20.45 |
Miller Industries Interest 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=interest-coverage-ratio&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();