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Miller Industries MLR Business Segments — Interest Expense

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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$579.24M+21.7%
Enterprise value$529.32M+5.9%
P/E40.5×+29.3×
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:InterestExpense.

The source filing: Miller Industries’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091141
(in thousands, except share and per share amounts)Three Months Ended / June 30 / 2026Three Months Ended / June 30 / 2025Six Months Ended / June 30 / 2026Six Months Ended / June 30 / 2025
OPERATING EXPENSES:
Selling, general and administrative expenses25,17623,40449,12546,664
NON-OPERATING (INCOME) EXPENSES:
Interest expense, net352294498389
Other (income) expense, net338(479)324(682)
Total expense, net25,86623,21949,94746,371
INCOME BEFORE INCOME TAXES10,07011,36711,67022,158
INCOME TAX PROVISION2,8012,9093,8485,635

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Miller Industries's business segments — interest expense?
Miller Industries (MLR) reported business segments — interest expense of $352K in Q2 2026.
How has Miller Industries's business segments — interest expense changed year-over-year?
Miller Industries's business segments — interest expense increased by 19.7% year-over-year, from $294K to $352K.
What is the long-term trend for Miller Industries's business segments — interest expense?
Over 3 years (2022 to 2025), Miller Industries's business segments — interest expense has grown at a -42.0% compound annual growth rate (CAGR), from $3.38M to $660K.
What does business segments — interest expense mean?
This metric represents the cost incurred by the company for borrowed funds used to finance operations or capital expenditures. It reflects the financial burden of the company's debt structure and its sensitivity to interest rate fluctuations. A lower interest expense indicates a healthier balance sheet and reduced financial risk.

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