Miller Operating Margin from 2010 to 2024

MLR Stock  USD 48.99  0.29  0.59%   
Miller Industries Operating Profit Margin yearly trend continues to be relatively stable with very little volatility. Operating Profit Margin is likely to drop to 0.06.
Check Miller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 4.3 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0271 or PTB Ratio of 1.86. Miller financial statements analysis is a perfect complement when working with Miller Industries Valuation or Volatility modules.
  
This module can also supplement Miller Industries' financial leverage analysis and stock options assessment as well as various Miller Industries Technical models . Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Latest Miller Industries' Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Miller Industries over the last few years. It is Miller Industries' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Miller Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.08 %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Miller Operating Margin Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.05
Coefficient Of Variation41.76
Mean Deviation0.02
Median0.05
Standard Deviation0.02
Sample Variance0.0005
Range0.0773
R-Value(0.39)
Mean Square Error0.0004
R-Squared0.15
Significance0.15
Slope(0)
Total Sum of Squares0.01

Miller Operating Margin History

2024 0.0574
2023 0.0683
2022 0.0204
2021 0.0168
2020 0.0456
2019 0.0533
2018 0.0612

About Miller Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Miller Industries income statement, its balance sheet, and the statement of cash flows. Miller Industries investors use historical funamental indicators, such as Miller Industries's Operating Margin, to determine how well the company is positioned to perform in the future. Although Miller Industries investors may use each financial statement separately, they are all related. The changes in Miller Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Miller Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Miller Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Miller Industries. Please read more on our technical analysis and fundamental analysis pages.
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company was incorporated in 1990 and is based in Ooltewah, Tennessee. Miller Industries operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 1421 people.

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When determining whether Miller Industries is a strong investment it is important to analyze Miller Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Miller Industries' future performance. For an informed investment choice regarding Miller Stock, refer to the following important reports:
Check out the analysis of Miller Industries Correlation against competitors.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.
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Is Miller Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Miller Industries. If investors know Miller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Miller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.793
Dividend Share
0.72
Earnings Share
5.07
Revenue Per Share
100.827
Quarterly Revenue Growth
0.312
The market value of Miller Industries is measured differently than its book value, which is the value of Miller that is recorded on the company's balance sheet. Investors also form their own opinion of Miller Industries' value that differs from its market value or its book value, called intrinsic value, which is Miller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Miller Industries' market value can be influenced by many factors that don't directly affect Miller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Miller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.