Miller Industries (MLR) Total Debt (2010 - 2026)
Miller Industries (MLR) reported Total Debt of $3.17 million for Q2 2026, down 94.2% from $55 million a year earlier and down 86.3% from the prior quarter.
Miller Industries (MLR) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Miller Industries posted Total Debt of $33.3 million, down 48.8% from FY2024.
- Total Debt has a three-year compound annual growth rate of -9.5% (FY2022 to FY2025).
- By year, Total Debt came in at $65 million in FY2024 (+8.3%), $60 million in FY2023 (+33.3%) and $45 million in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Total Debt since Q3 2020.
- Year over year, Total Debt has now declined in each of the last five quarters, with an average decline of 26.4% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q1 2023 (growth of 350.0%); the low point was Q2 2026 (a decline of 94.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $23.21 million (Q1 2026), $33.3 million (Q4 2025) and $45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 45.15 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 18.81 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 23.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 20.61 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 8.52 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 13.11 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 12.55 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 9.69 Bn |
| 10 | Miller Industries | 594.51 Mn | 402.78 Mn | 35.94 Mn | 3.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.17 Mn |
| Mar 31, 2026 | 23.21 Mn |
| Dec 31, 2025 | 33.30 Mn |
| Sep 30, 2025 | 45.00 Mn |
| Jun 30, 2025 | 55.00 Mn |
| Mar 31, 2025 | 75.00 Mn |
| Dec 31, 2024 | 65.00 Mn |
| Sep 30, 2024 | 65.00 Mn |
| Jun 30, 2024 | 70.00 Mn |
| Mar 31, 2024 | 55.00 Mn |
| Dec 31, 2023 | 60.00 Mn |
| Sep 30, 2023 | 60.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Mar 31, 2023 | 45.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Sep 30, 2022 | 45.00 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Sep 30, 2020 | 100,000.00 |
| Jun 30, 2020 | 5.19 Mn |
Miller Industries Total Debt 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=total-debt&ticker=MLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();