MILLER INDUSTRIES INC /TN/

Listed Company

MLRCIK 0000924822NYSEAcceleratedTruck & Bus BodiesTennesseeFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$23.01M

Total Assets

$589.67M

Equity

$420.57M

Shares Out

11.40M

Op. Cash Flow

$98.72M

MLR$49.67+13.92% · past yearDBEQ Basic

Daily closing prices

Business

Miller Industries, Inc. is the world's largest manufacturer of towing and recovery equipment, designing and manufacturing car carriers, wreckers, and transport trailers installed on third-party chassis. The company operates 11 brands ranging from light-duty to heavy-duty models, distributed through approximately 76 North American distributor locations and over 30 foreign distributors, with direct sales to government entities. Manufacturing facilities in Tennessee, Pennsylvania, France, the United Kingdom, and Italy produce equipment using advanced CAD design, robotics, and composite materials.

Summary from 10-K filed 2026-03-04

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
NET SALES	790	1,258	1,153	848	717
COST OF OPERATIONS	670	1,087	1,002	766	648
GROSS PROFIT	120	171	152	82	70
Selling, general and administrative expenses	89	86	73	53	46
Interest expense, net	660,000	4	6	3	1
Other (income) expense, net	−745,000	425,000	−991,000	481,000	498,000
Total expense, net	89	91	78	57	48
INCOME BEFORE INCOME TAXES	31	80	74	26	22
INCOME TAX PROVISION	8	17	15	5	6
NET INCOME	23	63	58	20	16
Basic income per common share (in dollars per share)	2.01	5.55	5.1	1.78	1.42
Diluted income per common share (in dollars per share)	1.98	5.47	5.07	1.78	1.42
CASH DIVIDENDS DECLARED PER SHARE OF COMMON STOCK	0.8	0.76	0.72	0.72	0.72
Basic (in shares)	11	11	11	11	11
Diluted (in shares)	12	12	12	11	11

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	45	24	30	40	54
Accounts receivable, net of allowance for credit losses of $1,876 and $1,850 as of December 31, 2025 and December 31, 2024, respectively	198	313	286	178	154
Inventories, net	184	186	190	154	115
Prepaid expenses	12	6	5	5	6
Total current assets	440	530	510	376	329
Property, plant and equipment, net	124	116	115	112	95
Right-of-use assets - operating leases	276,000	545,000	826,000	909,000	1
GOODWILL	20	20	20	12	12
Other assets	6	727,000	819,000	708,000	533,000
TOTAL ASSETS	590	667	647	501	438
Current portion of long-term debt	2	—	—	—	—
Accounts payable	79	146	192	126	122
Accrued liabilities	56	52	41	28	23
Current portion of operating lease obligation	176,000	318,000	320,000	311,000	361,000
Total current liabilities	137	198	235	156	147
Long-term obligations	31	65	60	45	—
Non-current portion of operating lease obligation	100,000	227,000	506,000	597,000	870,000
Deferred income tax liabilities	1	3	4	6	5
TOTAL LIABILITIES	169	266	299	208	153
COMMITMENTS AND CONTINGENCIES (Note 7)	—	—	—	—	—
Preferred stock, $0.01 par value per share: Authorized - 5,000,000 shares, Issued - none	—	—	—	—	—
Common stock, $0.01 par value per share: Authorized - 100,000,000 shares, Issued - 11,371,730 and 11,439,292 shares as of December 31, 2025 and December 31, 2024, respectively	114,000	114,000	114,000	114,000	114,000
Additional paid-in capital	153	154	154	152	151
Retained earnings	269	255	200	150	138
Accumulated other comprehensive loss	−1	−8	−6	−9	−5
TOTAL SHAREHOLDERS' EQUITY	421	401	348	293	285
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	590	667	647	501	438

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	15	14	13	12	11
(Gain) loss on disposal of property, plant and equipment	−377,000	128,000	−251,000	−53,000	−38,000
Provision for credit losses	−111,000	325,000	203,000	174,000	−137,000
Issuance of common stock, net of shares withheld for employee taxes	1,000	−198,000	123,000	200,000	—
Stock-based compensation	5	3	1	743,000	—
Deferred tax provision	−2	−1	−2	1	1
Accounts receivable	122	−28	−106	−24	−13
Inventories	19	2	−30	−41	−32
Prepaid expenses	−6	−1	50,000	1	−3
Other assets	105,000	364,000	63,000	24,000	116,000
Accounts payable	−73	−45	65	4	34
Accrued liabilities	−5	10	11	5	400,000
Income taxes payable	1	−317,000	451,000	929,000	−118,000
Net cash flows provided by (used in) operating activities	99	17	11	−19	15
Purchases of property, plant and equipment	−14	−15	−12	−29	−9
Proceeds from sale of property, plant and equipment	2	59,000	398,000	8,000	—
Acquisition of business, net of cash	—	24,000	−17	—	—
Acquisition of business, net of cash	−19	—	−17	—	—
Net cash flows provided by (used in) investing activities	−31	−15	−29	−29	−9
Repurchase of common stock	−6	−3	—	—	—
Net (payments) borrowings under credit facility	−35	5	15	45	—
Payments of cash dividends	−9	−9	−8	−8	−8
Payments of long-term debt	−609,000	—	—	—	—
Net cash flows provided by (used in) financing activities	−51	−7	7	37	−8
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	3	−554,000	1	−3	−1
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS	20	−6	−10	−14	−3
Cash payments for interest	7	10	8	3	2
Cash payments for income taxes, net of refunds	7	24	18	2	6

Filings

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Frequently asked questions

What is MILLER INDUSTRIES INC /TN/'s CIK number?

MILLER INDUSTRIES INC /TN/'s SEC CIK number is 0000924822 (924822). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MILLER INDUSTRIES INC /TN/'s SEC filings?

All of MILLER INDUSTRIES INC /TN/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MILLER INDUSTRIES INC /TN/ last report earnings?

MILLER INDUSTRIES INC /TN/ (MLR) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-056286). This is MILLER INDUSTRIES INC /TN/'s most recent earnings filing of record — not a forecast of its next earnings date.

What is MILLER INDUSTRIES INC /TN/'s most recent earnings 8-K?

MILLER INDUSTRIES INC /TN/'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001104659-26-056286. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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