Miller Industries (MLR) Operating Leases (2019 - 2026)
Miller Industries (MLR) posted Operating Leases of $1.8 million for Q2 2026, compared with $141,000 a year earlier and up 25.4% from the prior quarter.
Miller Industries (MLR) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Miller Industries' Operating Leases came in at $100,000, down 55.9% from FY2024.
- Annual Operating Leases has declined for six consecutive years, with a five-year compound annual growth rate of -38.3% (FY2020 to FY2025).
- In prior years, Miller Industries' Operating Leases was $227,000 in FY2024 (-55.1%), $506,000 in FY2023 (-15.2%), $597,000 in FY2022 (-31.4%) and $870,000 in FY2021 (-22.0%).
- The Q2 2026 figure stands as the highest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases increased in 1 of the last seven quarters, with growth averaging 53.5%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q1 2026, with growth of 692.8%; the weakest was Q2 2025, with a decline of 59.9%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.44 million (Q1 2026), $100,000 (Q4 2025) and $121,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Mn |
| Mar 31, 2026 | 1.44 Mn |
| Dec 31, 2025 | 100,000.00 |
| Sep 30, 2025 | 121,000.00 |
| Jun 30, 2025 | 141,000.00 |
| Mar 31, 2025 | 181,000.00 |
| Dec 31, 2024 | 227,000.00 |
| Sep 30, 2024 | 286,000.00 |
| Jun 30, 2024 | 352,000.00 |
| Mar 31, 2024 | 426,000.00 |
| Dec 31, 2023 | 506,000.00 |
| Sep 30, 2023 | 422,000.00 |
| Jun 30, 2023 | 496,000.00 |
| Mar 31, 2023 | 569,000.00 |
| Dec 31, 2022 | 597,000.00 |
| Sep 30, 2022 | 628,000.00 |
| Jun 30, 2022 | 722,000.00 |
| Mar 31, 2022 | 816,000.00 |
| Dec 31, 2021 | 870,000.00 |
| Sep 30, 2021 | 881,000.00 |
Miller Industries Operating Leases 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=operating-leases&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();