Miller Industries (MLR) Net Margin (2010 - 2026)
Miller Industries' (MLR) quarterly Net Margin came in at 3.03% in Q2 2026, down 92.0% year-over-year from 37.86% in Q2 2025, and up 887.04% quarter-over-quarter from 0.31% in Q1 2026.
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Miller Industries (MLR) Net Margin (2010 - 2026) Analysis & Trends
Miller Industries has disclosed Net Margin across 17 years of filings, most recently posting 3.03% for Q2 2026.
- In Q2 2026, Net Margin fell 92.0% year-over-year to 3.03%; the TTM figure through Jun 2026 stood at 1.66% (down 257.0% YoY), while the FY2025 annual figure was 2.72%, down 224.0% from the prior year.
- Net Margin came in at 3.03% for Q2 2026 at Miller Industries, up from 0.31% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 6.36% in Q3 2023 to a low of 0.31% in Q1 2026.
- Average Net Margin over 5 years is 3.45%, with a median of 3.76% recorded in 2025.
- Year-over-year, Net Margin soared 381 bps in 2023 and plunged 327 bps in 2026.
- Over 5 years, Net Margin stood at 4.11% in 2022, then increased by 19 bps to 4.9% in 2023, then dropped by 14 bps to 4.22% in 2024, then plunged by 74 bps to 1.1% in 2025, then soared by 175 bps to 3.03% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.03% in Q2 2026, 0.31% in Q1 2026, and 1.1% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | 17.49% |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 9.86% |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | 9.96% |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | 7.98% |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 11.56% |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | 6.26% |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | 12.85% |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 4.92% |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | -0.25% |
| 10 | Miller Industries | 617.32 Mn | 561.68 Mn | 35.94 Mn | 3.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.03% |
| Mar 31, 2026 | 0.31% |
| Dec 31, 2025 | 1.10% |
| Sep 30, 2025 | 1.72% |
| Jun 30, 2025 | 3.95% |
| Mar 31, 2025 | 3.57% |
| Dec 31, 2024 | 4.22% |
| Sep 30, 2024 | 4.91% |
| Jun 30, 2024 | 5.52% |
| Mar 31, 2024 | 4.87% |
| Dec 31, 2023 | 4.90% |
| Sep 30, 2023 | 6.36% |
| Jun 30, 2023 | 4.97% |
| Mar 31, 2023 | 3.27% |
| Dec 31, 2022 | 4.11% |
| Sep 30, 2022 | 2.55% |
| Jun 30, 2022 | 1.86% |
| Mar 31, 2022 | 0.96% |
| Dec 31, 2021 | 1.35% |
| Sep 30, 2021 | 2.33% |