Miller Industries profit margin MLR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 1.9%
- Operating margin, 12 months
- 2.9%
- Net margin on a year earlier
- −2.5 pts
- Peer median
- 6.8%
Over the twelve months to Jun 30, 2026, Miller Industries kept 1.9% of its revenue as net profit, with an operating margin of 2.9% and a gross margin of 14.7%.
Five years earlier its net margin was 4.1%.
The median for 8 agricultural machinery stocks of a similar size is 6.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 2.9% | 4.0% | 15.2% |
| FY2024 | 5.0% | 6.7% | 13.6% |
| FY2023 | 5.1% | 6.8% | 13.2% |
| FY2022 | 2.4% | 3.5% | 9.7% |
| FY2021 | 2.3% | 3.3% | 9.7% |
| FY2020 | 4.6% | 5.9% | 12.0% |
| FY2019 | 4.8% | 6.5% | 11.8% |
| FY2018 | 4.7% | 6.2% | 11.7% |
| FY2017 | 3.7% | 5.1% | 10.9% |
| FY2016 | 3.3% | 5.3% | 10.7% |
| FY2015 | 3.0% | 4.8% | 10.7% |
| FY2014 | 3.0% | 5.0% | 10.8% |
| FY2013 | 2.3% | 3.5% | 10.5% |
| FY2012 | 2.7% | 3.7% | 11.7% |
| FY2011 | 5.6% | 9.4% | 17.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.9% | −2.5 pts | 2.9% | |
| Q1 FY26 | 2.1% | −2.7 pts | 3.0% | |
| Q4 FY25 | 2.9% | −2.1 pts | 4.0% | |
| Q3 FY25 | 3.6% | −1.6 pts | 4.7% | |
| Q2 FY25 | 4.4% | −1.2 pts | 5.7% | |
| Q1 FY25 | 4.8% | −0.6 pts | 6.4% | |
| Q4 FY24 | 5.0% | −0.0 pts | 6.7% | |
| Q3 FY24 | 5.2% | +0.5 pts | 7.0% | |
| Q2 FY24 | 5.5% | +1.7 pts | 7.5% | |
| Q1 FY24 | 5.4% | +2.4 pts | 7.3% | |
| Q4 FY23 | 5.1% | +2.7 pts | 6.8% | |
| Q3 FY23 | 4.7% | +3.0 pts | 6.4% |
Against its peers
Companies in Agricultural - Machinery nearest Miller Industries' size, closest first, today.
| Company | Profit margin |
|---|---|
| MLRMiller Industries | 1.9% |
| MTWManitowoc | 0.9% |
| AEBIAebi Schmidt | 1.1% |
| ASTEAstec Industries | 1.3% |
| PLOWDouglas Dynamics | 7.5% |
| LNNLindsay | 8.8% |
| GENCGencor Industries | 13.5% |
| ALGAlamo | 6.1% |
| BLBDBlue Bird | 17.5% |
| Peer median | 6.8% |
Where Miller Industries ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Miller Industries
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.