Miller Industries (MLR) Net Margin (2010 - 2026)
Miller Industries' Net Margin came in at 3.03% for Q2 2026, down 0.92 percentage points from 3.95% a year earlier but up 2.72 percentage points from the prior quarter.
Miller Industries (MLR) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Miller Industries reported Net Margin of 1.86%, down 1.93 percentage points year-over-year; for FY2025, it was 2.91%, down 2.14 percentage points from FY2024.
- Net Margin carries a five-year change of -1.67 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 5.05% in FY2024 (unchanged), 5.05% in FY2023 (+2.66 pp), 2.40% in FY2022 (+0.13 pp) and 2.27% in FY2021 (-2.31 pp).
- The five-year range for quarterly Net Margin is 0.31% (Q1 2026) to 6.36% (Q3 2023).
- The fastest year-over-year change in Net Margin over five years came in Q3 2023 (a gain of 3.81 percentage points), and the weakest in Q4 2021 (a drop of 5.39 percentage points).
- Business Quant data shows MLR's Net Margin at 0.31% (Q1 2026), 1.98% (Q4 2025) and 1.72% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 18.95% |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 3.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.03% |
| Mar 31, 2026 | 0.31% |
| Dec 31, 2025 | 1.98% |
| Sep 30, 2025 | 1.72% |
| Jun 30, 2025 | 3.95% |
| Dec 31, 2024 | 4.75% |
| Sep 30, 2024 | 4.91% |
| Jun 30, 2024 | 5.52% |
| Dec 31, 2023 | 5.64% |
| 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% |
| Jun 30, 2021 | 3.60% |
| Mar 31, 2021 | 1.87% |
Miller Industries Net Margin 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=net-margin&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();