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Acquisitions at other companies

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Wabash NationalWNC
$2.87M+72.4%
Alamo Group logo
Alamo GroupALG
$166.51M
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FreightCar AmericaRAIL
$1.59M
International Seaways, Inc. logo
International Seaways, Inc.INSW
$4.49M
Skyline Champion logo
Skyline ChampionSKY
$2M-91.9%

Other financials

Income statement

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Revenue$240.0M+12.1%
Gross profit$35.9M+3.9%
Net income$7.3M-14.1%
EPS (diluted)$0.63-13.7%

Balance sheet

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Cash & equivalents$55.6M+74.8%
Total debt$5.7M-89.7%
Total assets$609.1M-2.2%

Cash flow

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Operating cash flow$32.2M+18.3%
CapEx$4.2M+150%
Free cash flow$28.0M+9.7%

Valuation

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Market cap$619.15M+32.0%
Enterprise value$569.23M+15.5%
P/E43.3×+32.2×
P/S0.8×+0.3×

Profitability

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Gross margin14.7%0.0pp
Net margin1.9%-2.5pp
FCF margin14.6%

Returns & leverage

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Return on equity15.7%
Debt / equity0.1×
Current ratio2.5×-0.9×

Where this comes from

Reported directly by Miller Industries in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesGross.

The source filing: Miller Industries’s 10-K, filed March 4, 2026.

Filed
Mar 4, 2026, 4:25 PM EST
Fiscal year
FY2025
Accession
0001104659-26-023486
(in thousands)Years Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment(13,707)(15,352)(12,097)
Proceeds from sale of property, plant and equipment1,53759398
Acquisition of business, net of cash(18,614)24(17,376)
Net cash flows provided by (used in) investing activities(30,784)(15,269)(29,075)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase of common stock(5,986)(2,898)
Net (payments) borrowings under credit facility(35,000)5,00015,000

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Miller Industries's acquisitions?
Miller Industries (MLR) reported acquisitions of $4.65M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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