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.

Miller Industries MLR Acquisitions

Acquisitions at other companies

Wabash NationalWNC

$2.87M+72.4%

Alamo GroupALG

$166.51M—

International Seaways, Inc.INSW

$4.49M—

Skyline ChampionSKY

$2.7M—

Other financials

Income statement

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Revenue$180.9M-19.8%

Gross profit$25.7M-24.3%

Net income$555.0K-93.1%

EPS (diluted)$0.05-92.8%

Balance sheet

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Cash & equivalents$53.0M+93.6%

Total debt$25.0M-66.9%

Total assets$585.6M-8.5%

Cash flow

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Operating cash flow$30.7M+1,033%

CapEx$7.9M+54.5%

Free cash flow$22.8M+1,045%

Valuation

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Market cap$596.34M+19.1%

Enterprise value$568.35M+3.5%

P/E38.5×+29.3×

P/S0.8×+0.4×

Profitability

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Gross margin15%+0.9pp

Net margin2.1%-2.7pp

FCF margin14.8%—

Returns & leverage

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Return on equity15.7%—

Debt / equity0.1×—

Current ratio3×-0.3×

Where this comes from

Reported directly by Miller Industries in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesGross.

The official record: Miller Industries’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.