Miller Industries, Inc.

Miller Industries, Inc.verified

MLR

Price:

$61.5

Market Cap:

$704.41M

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. sells its p...[Read more]

Industry

Auto - Parts

IPO Date

1994-08-02

Stock Exchange

NYSE

Ticker

MLR

The Current Ratio as of September 2024 (TTM) for Miller Industries, Inc. (MLR) is 2.08

According to Miller Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.08. This represents a change of -4.06% compared to the average of 2.17 of the last 4 quarters.

Miller Industries, Inc. (MLR) Historical Current Ratio (quarterly & annually)

How has MLR Current Ratio performed in the past?

The mean historical Current Ratio of Miller Industries, Inc. over the last ten years is 2.30. The current 2.08 Current Ratio has changed 8.92% with respect to the historical average. Over the past ten years (40 quarters), MLR's Current Ratio was at its highest in in the June 2020 quarter at 2.87. The Current Ratio was at its lowest in in the March 2024 quarter at 2.03.

Quarterly (TTM)
Annual

Average

2.30

Median

2.30

Minimum

2.13

Maximum

2.59

Miller Industries, Inc. (MLR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Miller Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 11.83%

Maximum Annual Current Ratio = 2.59

Minimum Annual Increase = -18.28%

Minimum Annual Current Ratio = 2.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.17-9.69%
20222.415.62%
20212.28-11.84%
20202.5911.83%
20192.314.45%
20182.21-0.99%
20172.244.90%
20162.13-8.13%
20152.32-2.57%
20142.38-18.28%

Miller Industries, Inc. (MLR) Average Current Ratio

How has MLR Current Ratio performed in the past?

The current Current Ratio of Miller Industries, Inc. (MLR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.29

5-year avg

2.35

10-year avg

2.30

Miller Industries, Inc. (MLR) Current Ratio vs. Peers

How is MLR’s Current Ratio compared to its peers?

Miller Industries, Inc.’s Current Ratio is less than Dorman Products, Inc. (2.40), less than Standard Motor Products, Inc. (2.46), greater than Motorcar Parts of America, Inc. (1.38), greater than Douglas Dynamics, Inc. (2.03), less than Stoneridge, Inc. (2.27), less than Gentex Corporation (0), less than Adient plc (3.56), greater than Autoliv, Inc. (1.08), greater than Fox Factory Holding Corp. (0.98), less than Dana Incorporated (3.13), greater than Monro, Inc. (1.48), greater than Cooper-Standard Holdings Inc. (0.59), greater than null (1.35),

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