Miller Industries, Inc.
Miller Industries, Inc. (MLR) Financial Performance & Income Statement Overview
Explore the financials of Miller Industries, Inc. (MLR), including yearly and quarterly data on income, cash flow, and balance sheets.
Miller Industries, Inc. (MLR) Income Statement & Financial Overview
View the income breakdown for Miller Industries, Inc. MLR across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $225.65M | $221.91M | $314.27M | $371.45M |
| Cost of Revenue | $191.71M | $188.45M | $272.25M | $320.37M |
| Gross Profit | $33.94M | $33.46M | $42.03M | $51.08M |
| Gross Profit Ratio | $0.15 | $0.15 | $0.13 | $0.14 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $23.26M | $19.68M | $22.33M | $22.77M |
| Operating Expenses | $23.26M | $19.68M | $22.33M | $22.77M |
| Total Costs & Expenses | $214.97M | $208.13M | $294.57M | $343.15M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $95000.00 | $384000.00 | $251000.00 | $2.05M |
| Depreciation & Amortization | $3.66M | $3.44M | $3.66M | $3.46M |
| EBITDA | $14.54M | $16.45M | $23.68M | $31.77M |
| EBITDA Ratio | $0.06 | $0.07 | $0.08 | $0.09 |
| Operating Income | $10.68M | $13.78M | $19.70M | $28.30M |
| Operating Income Ratio | $0.05 | $0.06 | $0.06 | $0.08 |
| Other Income/Expenses (Net) | $107000.00 | -$1.15M | $70000.00 | -$2.06M |
| Income Before Tax | $10.79M | $12.63M | $19.77M | $26.24M |
| Income Before Tax Ratio | $0.05 | $0.06 | $0.06 | $0.07 |
| Income Tax Expense | $2.73M | $2.10M | $4.34M | $5.73M |
| Net Income | $8.06M | $10.53M | $15.43M | $20.51M |
| Net Income Ratio | $0.04 | $0.05 | $0.05 | $0.06 |
| EPS | $0.70 | $0.92 | $1.35 | $1.79 |
| Diluted EPS | $0.69 | $0.91 | $1.33 | $1.78 |
| Weighted Avg Shares Outstanding | $11.45M | $11.44M | $11.45M | $11.46M |
| Weighted Avg Shares Outstanding (Diluted) | $11.61M | $11.60M | $11.60M | $11.55M |
The company's financials show resilient growth, with revenue advancing from $371.45M in Q2 2024 to $225.65M in Q1 2025. Gross profit remained healthy with margins at 15% in Q1 2025 compared to 14% in Q2 2024. Operating income hit $10.68M last quarter, sustaining a consistent 5% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $14.54M. Net income dropped to $8.06M, while earnings per share reached $0.70. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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