Miller Industries (MLR) Inventory Average (2011 - 2026)
Miller Industries' (MLR) quarterly Inventory Average came in at $164.9 million in Q2 2026, little changed year-over-year from $165.2 million in Q2 2025, and down 7.55% quarter-over-quarter from $178.4 million in Q1 2026.
Analysis
Miller Industries (MLR) Inventory Average (2011 - 2026) Analysis & Trends
Miller Industries has disclosed Inventory Average across 16 years of filings, most recently posting $164.9 million for Q2 2026.
- In Q2 2026, Inventory Average changed 0.17% year-over-year to $164.9 million; the TTM figure through Jun 2026 stood at $164.9 million (changed 0.17% YoY), while the FY2025 annual figure was $185.2 million, down 1.48% from the prior year.
- Inventory Average came in at $164.9 million for Q2 2026 at Miller Industries, down from $178.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $188.8 million in Q3 2024 to a low of $119.6 million in Q1 2022.
- Average Inventory Average over 5 years is $167.4 million, with a median of $172.5 million recorded in 2023.
- Year-over-year, Inventory Average jumped 50.08% in 2022 and declined 11.09% in 2025.
- Over 5 years, Inventory Average stood at $149.0 million in 2022, then gained by 22.85% to $183.1 million in 2023, then climbed by 2.83% to $188.3 million in 2024, then dropped by 3.07% to $182.5 million in 2025, then retreated by 9.63% to $164.9 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $164.9 million in Q2 2026, $178.4 million in Q1 2026, and $182.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | 20.13 Bn |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 6.26 Bn |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | 2.30 Bn |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | 1.22 Bn |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 837.50 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | 2.41 Bn |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | 478.80 Mn |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 1.66 Bn |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | 987.00 Mn |
| 10 | Miller Industries | 617.32 Mn | 561.68 Mn | 35.94 Mn | 164.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 164.90 Mn |
| Mar 31, 2026 | 178.36 Mn |
| Dec 31, 2025 | 182.47 Mn |
| Sep 30, 2025 | 173.09 Mn |
| Jun 30, 2025 | 165.18 Mn |
| Mar 31, 2025 | 175.53 Mn |
| Dec 31, 2024 | 188.26 Mn |
| Sep 30, 2024 | 188.82 Mn |
| Jun 30, 2024 | 185.78 Mn |
| Mar 31, 2024 | 187.04 Mn |
| Dec 31, 2023 | 183.07 Mn |
| Sep 30, 2023 | 171.89 Mn |
| Jun 30, 2023 | 165.94 Mn |
| Mar 31, 2023 | 159.04 Mn |
| Dec 31, 2022 | 149.02 Mn |
| Sep 30, 2022 | 142.79 Mn |
| Jun 30, 2022 | 132.77 Mn |
| Mar 31, 2022 | 119.63 Mn |
| Dec 31, 2021 | 111.87 Mn |
| Sep 30, 2021 | 100.42 Mn |