MLR official logo MLR
MLR 1-star rating from Upturn Advisory
Miller Industries Inc (MLR) company logo

Miller Industries Inc (MLR)

Miller Industries Inc (MLR) 1-star rating from Upturn Advisory
$40.35
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Upturn Advisory Summary

11/05/2025: MLR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $57

1 Year Target Price $57

Analysts Price Target For last 52 week
$57 Target price
52w Low $33.65
Current$40.35
52w High $76.99

Analysis of Past Performance

Type Stock
Historic Profit 4.33%
Avg. Invested days 42
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 450.05M USD
Price to earnings Ratio 14.97
1Y Target Price 57
Price to earnings Ratio 14.97
1Y Target Price 57
Volume (30-day avg) 2
Beta 1.26
52 Weeks Range 33.65 - 76.99
Updated Date 11/7/2025
52 Weeks Range 33.65 - 76.99
Updated Date 11/7/2025
Dividends yield (FY) 2.05%
Basic EPS (TTM) 2.63

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate 0.8
Actual 0.3214

Profitability

Profit Margin 3.59%
Operating Margin (TTM) 2.79%

Management Effectiveness

Return on Assets (TTM) 3.74%
Return on Equity (TTM) 7.39%

Valuation

Trailing PE 14.97
Forward PE -
Enterprise Value 484931031
Price to Sales(TTM) 0.54
Enterprise Value 484931031
Price to Sales(TTM) 0.54
Enterprise Value to Revenue 0.5
Enterprise Value to EBITDA 6.92
Shares Outstanding 11431416
Shares Floating 10879393
Shares Outstanding 11431416
Shares Floating 10879393
Percent Insiders 4.81
Percent Institutions 94.07

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Miller Industries Inc

Miller Industries Inc(MLR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Miller Industries, Inc. was founded in 1990. It has grown through acquisitions and organic growth to become a leading provider of towing and recovery equipment.

Company business area logo Core Business Areas

  • Domestic Towing Equipment: Manufactures and markets towing and recovery equipment in the United States.
  • International Towing Equipment: Manufactures and markets towing and recovery equipment internationally.
  • Transportation Equipment: Manufactures car carriers and trailers.

leadership logo Leadership and Structure

William F. Miller, II is the CEO and Chairman of the Board. The company has a typical corporate structure with various departments reporting to executive management.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Wreckers: Heavy-duty tow trucks used for recovering disabled vehicles. Miller Industries is a leading manufacturer in this segment. The competitors are Jerr-Dan (Oshkosh Corporation) and Century (also Miller Industries).
  • Car Carriers: Trucks designed to transport multiple vehicles. Competitors include Cottrell and Boydstun.
  • Rotators: Specialized heavy-duty tow trucks with rotating booms for complex recovery operations. Miller Industries dominates this category. Competitors include NRC Industries.

Market Dynamics

industry overview logo Industry Overview

The towing and recovery equipment industry is influenced by factors such as vehicle sales, traffic accidents, and infrastructure development. Demand is cyclical and affected by economic conditions.

Positioning

Miller Industries is the largest manufacturer of towing and recovery equipment globally, with a strong brand reputation and extensive distribution network.

Total Addressable Market (TAM)

Estimated at several billion dollars annually, encompassing the global market for towing and recovery equipment. Miller Industries, with its leading market share, is well-positioned to capture a significant portion of this TAM.

Upturn SWOT Analysis

Strengths

  • Leading market share
  • Strong brand recognition
  • Extensive distribution network
  • Diverse product portfolio
  • Experienced management team

Weaknesses

  • Cyclical business
  • Dependence on economic conditions
  • Exposure to commodity price fluctuations
  • High debt levels

Opportunities

  • Expanding into emerging markets
  • Developing new and innovative products
  • Acquiring smaller competitors
  • Increasing demand for electric towing equipment
  • Government infrastructure spending

Threats

  • Economic downturns
  • Increased competition
  • Fluctuations in raw material costs
  • Changes in government regulations
  • Supply chain disruptions

Competitors and Market Share

Key competitor logo Key Competitors

  • OSK
  • TEXA.MI
  • NRC Industries

Competitive Landscape

Miller Industries benefits from its scale and brand reputation. However, it faces competition from other manufacturers and smaller regional players. Technological innovation and price competition are key factors.

Major Acquisitions

Chevron and Vulcan Towing Equipment Brands

  • Year: 1995
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expanded Miller Industries' product line and market share in the towing and recovery equipment industry.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by acquisitions and organic sales increases. Specific growth rates need to be calculated based on historical financial data.

Future Projections: Analyst estimates for future growth need to be gathered from financial analysis platforms.

Recent Initiatives: Needs to be researched from company press releases and investor presentations (e.g., new product launches, acquisitions, or expansion plans).

Summary

Miller Industries is a leader in the towing and recovery equipment industry, benefiting from its large market share and established brand. However, its cyclical nature and reliance on economic conditions pose risks. The company's ability to innovate and expand into new markets will be crucial for future growth. Monitoring competitor actions and managing raw material costs are also essential.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company reports, financial news websites, industry analysis reports.

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial professional.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Miller Industries Inc

Exchange NYSE
Headquaters Ooltewah, TN, United States
IPO Launch date 1994-08-02
President, CEO & Director Mr. William G. Miller II
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 1690
Full time employees 1690

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. It sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.