Miller Industries (MLR) Tax Rate (2010 - 2026)
Miller Industries' (MLR) quarterly Tax Rate came in at 27.82% in Q2 2026, up 222.0% year-over-year from 8.64% in Q2 2025, and down 57.45% quarter-over-quarter from 65.38% in Q1 2026.
Analysis
Miller Industries (MLR) Tax Rate (2010 - 2026) Analysis & Trends
Miller Industries has disclosed Tax Rate across 17 years of filings, most recently posting 27.82% for Q2 2026.
- In Q2 2026, Tax Rate rose 222.0% year-over-year to 27.82%; the TTM figure through Jun 2026 stood at 39.07% (up 1479.0% YoY), while the FY2025 annual figure was 31.74%, up 951.0% from the prior year.
- Tax Rate came in at 27.82% for Q2 2026 at Miller Industries, down from 65.38% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 65.38% in Q1 2026 to a low of 16.87% in Q1 2022.
- Average Tax Rate over 5 years is 27.9%, with a median of 22.55% recorded in 2022.
- Year-over-year, Tax Rate plunged 1031 bps in 2022 and jumped 4012 bps in 2026.
- Over 5 years, Tax Rate stood at 20.1% in 2022, then jumped by 53 bps to 30.8% in 2023, then decreased by 16 bps to 25.86% in 2024, then surged by 141 bps to 62.36% in 2025, then slumped by 55 bps to 27.82% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 27.82% in Q2 2026, 65.38% in Q1 2026, and 62.36% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.39 Bn | 363.68 Bn | 7.76 Bn | 23.15% |
| 2 | Cummins | 75.63 Bn | 70.96 Bn | 2.47 Bn | 25.14% |
| 3 | Paccar | 64.63 Bn | 55.97 Bn | 1.56 Bn | 23.38% |
| 4 | Borgwarner | 13.31 Bn | 10.87 Bn | 721.00 Mn | 21.77% |
| 5 | Allison Transmission Holdings | 10.47 Bn | 10.07 Bn | 515.00 Mn | 20.61% |
| 6 | Oshkosh | 9.21 Bn | 8.81 Bn | 480.30 Mn | 16.93% |
| 7 | Federal Signal | 6.92 Bn | 6.85 Bn | 203.80 Mn | 22.71% |
| 8 | Terex | 6.85 Bn | 6.44 Bn | 444.00 Mn | 20.86% |
| 9 | Dana | 3.29 Bn | 2.96 Bn | 210.00 Mn | 91.53% |
| 10 | Miller Industries | 617.32 Mn | 561.68 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 | 62.36% |
| Sep 30, 2025 | 28.39% |
| Jun 30, 2025 | 25.59% |
| Mar 31, 2025 | 25.26% |
| Dec 31, 2024 | 25.86% |
| Sep 30, 2024 | 21.98% |
| Jun 30, 2024 | 21.83% |
| Mar 31, 2024 | 20.78% |
| Dec 31, 2023 | 30.80% |
| 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% |