What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

Miller Industries MLR Return on equity

Discontinued — last reported Q4 '18

Return on equity at other companies

OshkoshOSK

13.3%-2.0pp

Wabash NationalWNC

-17.9%+4.2pp

Aebi Schmidt Holding AG Common StockAEBI

1.4%-5.3pp

Alamo GroupALG

9.1%-2.4pp

International Seaways, Inc.INSW

26.9%+9.3pp

Skyline ChampionSKY

13.3%-0.1pp

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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Debt / equity0.1×—

Current ratio3×-0.3×

Where this comes from

Calculated from Miller Industries’s reported figures.

net income/total stockholders equity=15.7%

Based on trailing twelve months.

The official record: Miller Industries’s 10-K, filed March 9, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does return on equity mean?: Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.