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Miller Industries MLR Operating Lease Liabilities (Total)

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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$619.15M+29.1%
Enterprise value$569.23M+12.8%
P/E43.3×+32.0×
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:OperatingLeaseLiability.

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)Operating Lease Obligations
2027656
2028490
2029363
2030300
Thereafter649
TOTAL LEASE PAYMENTS2,866
Less imputed interest(322)
LEASE OBLIGATION AS OF JUNE 30, 2026$2,544

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Miller Industries's operating lease liabilities (total)?
Miller Industries (MLR) reported operating lease liabilities (total) of $2.54M in Q2 2026.
How has Miller Industries's operating lease liabilities (total) changed year-over-year?
Miller Industries's operating lease liabilities (total) increased by 467.9% year-over-year, from $448K to $2.54M.
What is the long-term trend for Miller Industries's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Miller Industries's operating lease liabilities (total) has grown at a -28.4% compound annual growth rate (CAGR), from $1.47M to $276K.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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