Miller Industries (MLR) Work In Process (2018 - 2026)
Miller Industries' (MLR) quarterly Work In Process came in at $47.5 million in Q2 2026, up 12.34% year-over-year from $42.3 million in Q2 2025, and down 3.3% quarter-over-quarter from $49.1 million in Q1 2026.
Analysis
Miller Industries (MLR) Work In Process (2018 - 2026) Analysis & Trends
Miller Industries has disclosed Work In Process across 9 years of filings, most recently posting $47.5 million for Q2 2026.
- In Q2 2026, Work In Process rose 12.34% year-over-year to $47.5 million; the TTM figure through Jun 2026 stood at $47.5 million (up 12.34% YoY), while the FY2025 annual figure was $51.5 million, up 6.68% from the prior year.
- Work In Process came in at $47.5 million for Q2 2026 at Miller Industries, down from $49.1 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $69.3 million in Q1 2025 to a low of $38.4 million in Q1 2022.
- Average Work In Process over 5 years is $46.5 million, with a median of $45.2 million recorded in 2024.
- Year-over-year, Work In Process soared 55.47% in 2025 and decreased 29.12% in 2026.
- Over 5 years, Work In Process stood at $40.7 million in 2022, then grew by 17.9% to $47.9 million in 2023, then increased by 0.66% to $48.3 million in 2024, then climbed by 6.68% to $51.5 million in 2025, then decreased by 7.71% to $47.5 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $47.5 million in Q2 2026, $49.1 million in Q1 2026, and $51.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn |
| 10 | Miller Industries | 617.32 Mn | 561.68 Mn | 35.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.51 Mn |
| Mar 31, 2026 | 49.13 Mn |
| Dec 31, 2025 | 51.48 Mn |
| Sep 30, 2025 | 45.27 Mn |
| Jun 30, 2025 | 42.29 Mn |
| Mar 31, 2025 | 69.32 Mn |
| Dec 31, 2024 | 48.25 Mn |
| Sep 30, 2024 | 49.10 Mn |
| Jun 30, 2024 | 45.15 Mn |
| Mar 31, 2024 | 44.59 Mn |
| Dec 31, 2023 | 47.93 Mn |
| Sep 30, 2023 | 45.52 Mn |
| Jun 30, 2023 | 43.13 Mn |
| Mar 31, 2023 | 42.59 Mn |
| Dec 31, 2022 | 40.66 Mn |
| Sep 30, 2022 | 44.33 Mn |
| Jun 30, 2022 | 43.23 Mn |
| Mar 31, 2022 | 38.40 Mn |
| Dec 31, 2021 | 33.99 Mn |
| Sep 30, 2021 | 33.93 Mn |