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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Miller Industries (MLR) Operating Margin (2016 - 2025)

Miller Industries' Operating Margin history spans 16 years, with the latest figure at 3.18% for Q4 2025.

  • For Q4 2025, Operating Margin fell 303.0% year-over-year to 3.18%; the TTM value through Dec 2025 reached 3.97%, down 274.0%, while the annual FY2025 figure was 0.84%, 50.0% down from the prior year.
  • Operating Margin for Q4 2025 was 3.18% at Miller Industries, up from 2.29% in the prior quarter.
  • Across five years, Operating Margin topped out at 8.58% in Q3 2023 and bottomed at 1.37% in Q1 2022.
  • The 5-year median for Operating Margin is 4.73% (2021), against an average of 4.82%.
  • The largest annual shift saw Operating Margin plummeted -611bps in 2021 before it soared 444bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 2.19% in 2021, then soared by 151bps to 5.49% in 2022, then surged by 37bps to 7.52% in 2023, then fell by -17bps to 6.21% in 2024, then tumbled by -49bps to 3.18% in 2025.
  • Per Business Quant, the three most recent readings for MLR's Operating Margin are 3.18% (Q4 2025), 2.29% (Q3 2025), and 5.22% (Q2 2025).