Miller Industries (MLR) Invested Capital (2010 - 2026)
Miller Industries (MLR) recorded Invested Capital of $425.34 million in Q3 2026, down 8.7% from $465.66 million a year earlier but up 0.5% from the prior quarter.
Miller Industries (MLR) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Miller Industries reported Invested Capital of $453.87 million, down 2.6% from FY2024.
- Annual Invested Capital has a three-year compound annual growth rate of 10.3% (FY2022 to FY2025).
- Across earlier years, Invested Capital came in at $466.03 million in FY2024 (+14.2%), $407.92 million in FY2023 (+20.5%) and $338.46 million in FY2022.
- Quarterly Invested Capital has ranged from $294.93 million in Q1 2022 to $481.51 million in Q1 2025 over the past five years.
- On a year-over-year basis, Invested Capital has declined for four consecutive quarters, with growth averaging 0.7% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 20.5% in Q4 2023, against a decline of 10.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $423.26 million (Q2 2026), $440.46 million (Q1 2026) and $453.87 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 66.68 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 35.13 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 85.74 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 41.13 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 33.55 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 19.17 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 33.51 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 12.51 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 8.43 Bn |
| 10 | Miller Industries | 523.39 Mn | 309.65 Mn | 29.78 Mn | 425.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 425.34 Mn |
| Jun 30, 2026 | 423.26 Mn |
| Mar 31, 2026 | 440.46 Mn |
| Dec 31, 2025 | 453.87 Mn |
| Sep 30, 2025 | 465.66 Mn |
| Jun 30, 2025 | 473.59 Mn |
| Mar 31, 2025 | 481.51 Mn |
| Dec 31, 2024 | 466.03 Mn |
| Sep 30, 2024 | 460.19 Mn |
| Jun 30, 2024 | 449.89 Mn |
| Mar 31, 2024 | 417.36 Mn |
| Dec 31, 2023 | 407.92 Mn |
| Sep 30, 2023 | 392.39 Mn |
| Jun 30, 2023 | 375.72 Mn |
| Mar 31, 2023 | 346.67 Mn |
| Dec 31, 2022 | 338.46 Mn |
| Sep 30, 2022 | 329.60 Mn |
| Jun 30, 2022 | 324.55 Mn |
| Mar 31, 2022 | 294.93 Mn |
| Sep 30, 2020 | 272.35 Mn |
Miller Industries Invested Capital 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=invested-capital&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();