Miller Industries (MLR) Operating Margin (2010 - 2026)
Miller Industries (MLR) posted Operating Margin of 0.96% for Q1 2026, down 69.82% sequentially from 3.18% in Q4 2025, and down 378.0% YoY from 0.34% in Q1 2025.
Miller Industries (MLR) Operating Margin (2010 - 2026) Analysis & Trends
Miller Industries has reported Operating Margin for 17 years, with the latest figure at 0.96% in Q1 2026.
- Quarterly Operating Margin fell 378.0% year-over-year to 0.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.01% (down 338.0% YoY) and the FY2025 annual result came in at 3.97%, down 274.0% from the prior year.
- Operating Margin declined to 0.96% in Q1 2026 per MLR's latest filing, from 3.18% in the prior quarter.
- Over five years, Operating Margin peaked at 8.58% in Q3 2023 and troughed at 0.96% in Q1 2026.
- A 5-year average of 4.95% and a median of 5.22% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2025: Operating Margin jumped 444 bps in 2023, then plunged 398 bps in 2025.
- Over 5 years, Operating Margin stood at 5.49% in 2022, then soared by 37 bps to 7.52% in 2023, then dropped by 17 bps to 6.21% in 2024, then plunged by 49 bps to 3.18% in 2025, then plunged by 70 bps to 0.96% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 0.96%, 3.18%, and 2.29% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.66 Bn | 73.40 Bn | 2.52 Bn | 20.15% |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 19.08% |
| 3 | Magna International | 20.08 Bn | 18.65 Bn | 1.61 Bn | 5.76% |
| 4 | Genuine Parts | 18.42 Bn | 17.86 Bn | 2.47 Bn | 5.15% |
| 5 | Borgwarner | 13.79 Bn | 11.34 Bn | 721.00 Mn | 10.14% |
| 6 | Allison Transmission Holdings | 11.10 Bn | 10.70 Bn | 515.00 Mn | 18.58% |
| 7 | Modine Manufacturing | 10.52 Bn | 10.44 Bn | - | - |
| 8 | Aptiv | 10.25 Bn | 9.49 Bn | 775.00 Mn | 11.21% |
| 9 | Autoliv | 9.29 Bn | 8.91 Bn | 509.00 Mn | 6.85% |
| 10 | Miller Industries | 654.41 Mn | 598.77 Mn | 35.94 Mn | 4.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.48% |
| Mar 31, 2026 | 0.96% |
| Dec 31, 2025 | 3.18% |
| Sep 30, 2025 | 2.29% |
| Jun 30, 2025 | 5.22% |
| Mar 31, 2025 | 4.73% |
| Dec 31, 2024 | 6.21% |
| Sep 30, 2024 | 6.27% |
| Jun 30, 2024 | 7.62% |
| Mar 31, 2024 | 6.49% |
| Dec 31, 2023 | 7.52% |
| Sep 30, 2023 | 8.58% |
| Jun 30, 2023 | 6.81% |
| Mar 31, 2023 | 4.43% |
| Dec 31, 2022 | 5.49% |
| Sep 30, 2022 | 4.14% |
| Jun 30, 2022 | 2.84% |
| Mar 31, 2022 | 1.37% |
| Dec 31, 2021 | 2.19% |
| Sep 30, 2021 | 3.55% |