Miller Industries price to free cash flow MLR
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 5.2×
- 9-year median
- 18.0×
- Against its 9-year history
- 3rd
- percentile: 0 is its lowest day, 100 its highest
- 9-year range
- 4.8× to 360×
- Peer median
- 18.8×
Miller Industries' price to free cash flow is 5.2× as of Oct 23, 2026.
That is below its 9-year median of 18.0×, lower than on 97% of days in the last 9 years.
Over that time it ranged from 4.8× in May 2026 to 360× in Mar 2025.
The median for 8 agricultural machinery stocks of a similar size is 18.8×.
Price to free cash flow over time
The dashed line is the 9-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 5.2× | 4.8× | 18.0× |
| 2025 | 15.4× | 12.8× | 360× |
| 2024 | 39.8× | 39.8× | 166× |
| 2023 | 155× | 69.6× | 159× |
| 2022 | 50.0× | 31.0× | 52.8× |
| 2021 | 34.8× | 8.7× | 38.6× |
| 2020 | 11.9× | 9.3× | 22.6× |
| 2019 | 23.0× | 21.7× | 23.0× |
| 2018 | 56.2× | 56.2× | 60.6× |
| 2017 | 58.3× | 34.4× | 62.5× |
| 2016 | 29.6× | 15.8× | 30.4× |
| 2015 | 18.0× | 17.0× | 218× |
| 2014 | 200× | 137× | 407× |
| 2013 | 150× | 8.5× | 151× |
| 2012 | 8.3× | 7.7× | 17.5× |
Against its peers
Companies in Agricultural - Machinery nearest Miller Industries' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| MLRMiller Industries | 5.2× |
| MTWManitowoc | 11.6× |
| AEBIAebi Schmidt | 144× |
| ASTEAstec Industries | 27.3× |
| PLOWDouglas Dynamics | 18.8× |
| LNNLindsay | 30.9× |
| GENCGencor Industries | n/m |
| ALGAlamo | 13.1× |
| BLBDBlue Bird | 11.9× |
| Peer median | 18.8× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Miller Industries
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.