Miller Industries (MLR) Invested Capital (2010 - 2026)
Miller Industries (MLR) recorded Invested Capital of $423.26 million in Q2 2026, down 10.6% from $473.59 million a year earlier and down 3.9% 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.
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q1 2024.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 3.9% 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 $440.46 million (Q1 2026), $453.87 million (Q4 2025) and $465.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 51.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 7.70 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 33.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.56 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 423.26 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2020 | 270.07 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();