Valuation, from the filing
| Public float | $487.56M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $42.88 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 21.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
21.2× earnings today, against a median of 9.2× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $487.56M | 21.2× | |
| 2024-06-30 | $604.32M | 9.5× | |
| 2023-06-30 | $389.95M | 6.7× | |
| 2022-06-30 | $249.23M | 12.2× | |
| 2021-06-30 | $379.92M | 23.4× | |
| 2020-06-30 | $287.43M | 9.6× | |
| 2019-06-28 | $296.97M | 7.6× | |
| 2018-06-29 | $279.52M | 8.3× | |
| 2017-06-30 | $203.92M | 8.9× | |
| 2016-06-30 | $159.20M | 8.0× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
MILLER INDUSTRIES INC /TN/ (MLR) reported revenue of $771.44M and net income of $14.32M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from MILLER INDUSTRIES INC /TN/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Truck & Bus Bodies.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $771.44M |
| Cost of revenue | $657.96M |
| Gross profit | $113.48M |
| Operating income | Unavailable |
| Net income | $14.32M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $21.01M |
| Income tax expense | $6.69M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $91.44M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | Unavailable |
| Total assets | $609.05M |
| Current assets | $453.70M |
| Total liabilities | $188.96M |
| Current liabilities | $184.53M |
| Total equity incl. NCI | $420.09M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $157.31M |
| Accounts receivable | Unavailable |
| Goodwill | $20.26M |
| Long-term debt | $1.02M |
| Accounts payable | $127.38M |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $131.74M |
| Capital expenditures | $19.02M |
| Investing cash flow | -$36.09M |
| Financing cash flow | -$73.00M |
| Net change in cash | $23.81M |
| Stock-based compensation | $3.59M |
| Common dividends paid | $9.36M |
| Common share repurchases | $8.03M |
| Depreciation & amortization | $15.51M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $112.73M |
| Gross margin | 14.7% |
| Operating margin | Unavailable |
| FCF margin | 14.6% |
| SBC / revenue | 0.5% |
| Current ratio | 2.46x |
| Revenue YoY growth | -20.9% |
| Net margin | 1.9% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 2.5% |
| Long-term debt / equity | 0.00x |
| Effective tax rate | 31.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MLR in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.