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Miller Industries MLR Change in Prepaids

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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 ratio-0.3×

Where this comes from

Reported directly by Miller Industries in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidExpense.

The official record: Miller Industries’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Miller Industries's change in prepaids?
Miller Industries (MLR) reported change in prepaids of $5.66M in Q1 2026.
How has Miller Industries's change in prepaids changed year-over-year?
Miller Industries's change in prepaids decreased by 44.9% year-over-year, from $10.27M to $5.66M.
What does change in prepaids mean?
This metric measures the net change in cash outflows for goods or services that have been paid for in advance but not yet consumed or recognized as expenses. An increase in prepaid expenses represents a use of cash, while a decrease indicates the consumption of previously paid assets. Monitoring this helps investors understand the timing differences between cash payments and the recognition of operating expenses.