Miller Industries (MLR) Tax Rate (2010 - 2026)
Miller Industries (MLR) posted Tax Rate of 27.82% for Q2 2026, up 2.22 percentage points from 25.59% a year earlier but down 37.56 percentage points from the prior quarter.
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Analysis
Miller Industries (MLR) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Miller Industries was 31.86%, up 9.73 percentage points year-over-year; for FY2025, it came in at 26.93%, up 6.16 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +5.23 percentage points (FY2020 to FY2025).
- In prior years, Miller Industries' Tax Rate was 20.76% in FY2024 (-0.24 pp), 21.00% in FY2023 (+0.07 pp), 20.93% in FY2022 (-4.39 pp) and 25.32% in FY2021 (+3.62 pp).
- Quarterly Tax Rate has run from a low of 16.60% in Q4 2024 to a high of 65.38% in Q1 2026 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last six quarters, with an average year-over-year change of +8.76 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2026, with a gain of 40.12 percentage points; the weakest was Q4 2022, with a drop of 10.31 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 65.38% (Q1 2026), 32.25% (Q4 2025) and 28.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 27.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.82% |
| Mar 31, 2026 | 65.38% |
| Dec 31, 2025 | 32.25% |
| Sep 30, 2025 | 28.39% |
| Jun 30, 2025 | 25.59% |
| Mar 31, 2025 | 25.26% |
| Dec 31, 2024 | 16.60% |
| Sep 30, 2024 | 21.98% |
| Jun 30, 2024 | 21.83% |
| Mar 31, 2024 | 20.78% |
| Dec 31, 2023 | 20.40% |
| Sep 30, 2023 | 20.75% |
| Jun 30, 2023 | 21.41% |
| Mar 31, 2023 | 21.86% |
| Dec 31, 2022 | 20.10% |
| Sep 30, 2022 | 23.05% |
| Jun 30, 2022 | 22.05% |
| Mar 31, 2022 | 16.87% |
| Dec 31, 2021 | 30.40% |
| Sep 30, 2021 | 28.21% |
API Access
Miller Industries Tax Rate 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=tax-rate&ticker=MLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();