What is Miller Industries's inventories?

Miller Industries (MLR) reported inventories of $172.49M in Q1 2026.

How has Miller Industries's inventories changed year-over-year?

Miller Industries's inventories increased by 4.6% year-over-year, from $164.9M to $172.49M.

What is the long-term trend for Miller Industries's inventories?

Over 5 years (2020 to 2025), Miller Industries's inventories has grown at a 17.0% compound annual growth rate (CAGR), from $83.94M to $184.23M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Miller Industries MLR Inventories

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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 ratio3×-0.3×

Where this comes from

Reported directly by Miller Industries in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

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 inventories?: Miller Industries (MLR) reported inventories of $172.49M in Q1 2026.
How has Miller Industries's inventories changed year-over-year?: Miller Industries's inventories increased by 4.6% year-over-year, from $164.9M to $172.49M.
What is the long-term trend for Miller Industries's inventories?: Over 5 years (2020 to 2025), Miller Industries's inventories has grown at a 17.0% compound annual growth rate (CAGR), from $83.94M to $184.23M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.