Miller Industries MLR
NYSE MLR
$54.26 -0.50 (-0.91%)
As of: Sep 10, 2026 · 2:11 PM EDT

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

Historic Data

Download Data
DateValue
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%