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Miller Industries MLR Provision for Credit Losses

Provision for Credit Losses at other companies

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-$376K-1,174%

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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Miller Industries (MLR) reported provision for credit losses of $49K in Q1 2026.
How has Miller Industries's provision for credit losses changed year-over-year?
Miller Industries's provision for credit losses decreased by 9.3% year-over-year, from $54K to $49K.
What is the long-term trend for Miller Industries's provision for credit losses?
Over 4 years (2021 to 2025), Miller Industries's provision for credit losses has grown at a -5.1% compound annual growth rate (CAGR), from -$137K to -$111K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.