MLR - Miller Industries, Inc.
NYSE
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Consumer Cyclical
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Auto Parts
Ooltewah,
United States
Type: Equity
MLR price evolution
MLR
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $26.81 | $29.91 | $26.85 | $30.5 |
| Short term investments | ||||
| Net receivables | $338.89 | $286.14 | $240.59 | $264.54 |
| Inventory | $184.27 | $189.81 | $176.33 | $167.46 |
| Total current assets | $558.81 | $510.47 | $449.11 | $468.89 |
| Long term investments | ||||
| Property, plant & equipment | $116.91 | $115.9 | $116.92 | $116.83 |
| Goodwill & intangible assets | $20.02 | $20.02 | $20.59 | $20.59 |
| Total noncurrent assets | $137.72 | $136.74 | $138.3 | $138.1 |
| Total investments | ||||
| Total assets | $696.53 | $647.21 | $587.41 | $607 |
| Current liabilities | ||||
| Accounts payable | $229.04 | $191.78 | $146.79 | $188.87 |
| Deferred revenue | ||||
| Short long term debt | $0.31 | $0.32 | $0.28 | $0.31 |
| Total current liabilities | $274.64 | $234.71 | $188.51 | $224.6 |
| Long term debt | $55.43 | $60.51 | $60.42 | $60.5 |
| Total noncurrent liabilities | $59.54 | $64.58 | $66.51 | $66.68 |
| Total debt | $55.74 | $60.83 | $60.7 | $60.81 |
| Total liabilities | $334.17 | $299.29 | $255.02 | $291.28 |
| Shareholders' equity | ||||
| Retained earnings | $215.01 | $200.16 | $185.54 | $170.14 |
| Other shareholder equity | -$6.51 | -$5.93 | -$6.46 | -$7.28 |
| Total shareholder equity | $362.36 | $347.92 | $332.38 | $315.72 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $29.91 | $40.15 | $54.33 | $57.52 |
| Short term investments | ||||
| Net receivables | $286.14 | $177.66 | $153.98 | $141.64 |
| Inventory | $189.81 | $153.66 | $114.91 | $83.94 |
| Total current assets | $510.47 | $376.05 | $328.97 | $286.27 |
| Long term investments | ||||
| Property, plant & equipment | $115.9 | $113.05 | $97.73 | $100.09 |
| Goodwill & intangible assets | $20.02 | $11.62 | $11.62 | $11.62 |
| Total noncurrent assets | $136.74 | $125.38 | $109.88 | $112.14 |
| Total investments | ||||
| Total assets | $647.21 | $501.43 | $438.85 | $398.41 |
| Current liabilities | ||||
| Accounts payable | $191.78 | $125.5 | $119.03 | $85.53 |
| Deferred revenue | ||||
| Short long term debt | $0.32 | $0.31 | $0.38 | $0.38 |
| Total current liabilities | $234.71 | $156.15 | $144.27 | $110.68 |
| Long term debt | $60.51 | $45 | $0.87 | $1.13 |
| Total noncurrent liabilities | $64.58 | $51.83 | $6.04 | $5.28 |
| Total debt | $60.83 | $45.91 | $1.25 | $1.51 |
| Total liabilities | $299.29 | $207.97 | $150.31 | $115.96 |
| Shareholders' equity | ||||
| Retained earnings | $200.16 | $150.12 | $141.92 | $133.88 |
| Other shareholder equity | -$5.93 | -$9.17 | -$4.95 | -$2.79 |
| Total shareholder equity | $347.92 | $293.46 | $288.54 | $282.45 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $349.87 | $296.25 | $274.57 | $300.26 |
| Cost of revenue | $305.63 | $257.61 | $231.7 | $260.33 |
| Gross Profit | $44.24 | $38.64 | $42.87 | $39.93 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $21.54 | $16.37 | $19.32 | $19.48 |
| Total operating expenses | $21.54 | $16.37 | $19.32 | $19.48 |
| Operating income | $22.7 | $22.27 | $23.55 | $20.45 |
| Income from continuing operations | ||||
| EBIT | $22.73 | $22.42 | $23.84 | $20.68 |
| Income tax expense | $4.46 | $4.28 | $4.57 | $4.06 |
| Interest expense | $1.25 | $1.45 | $1.81 | $1.7 |
| Net income | ||||
| Net income | $17.02 | $16.7 | $17.46 | $14.91 |
| Income (for common shares) | $17.02 | $16.7 | $17.46 | $14.91 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1153.35 | $848.46 | $717.48 | $651.29 |
| Cost of revenue | $1001.5 | $766.04 | $647.62 | $572.93 |
| Gross Profit | $151.85 | $82.42 | $69.85 | $78.36 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $73.09 | $52.83 | $46.23 | $39.71 |
| Total operating expenses | $73.09 | $52.83 | $46.23 | $39.71 |
| Operating income | $78.77 | $29.59 | $23.62 | $38.64 |
| Income from continuing operations | ||||
| EBIT | $79.76 | $29.11 | $23.12 | $39.31 |
| Income tax expense | $15.49 | $5.39 | $5.51 | $8.27 |
| Interest expense | $5.97 | $3.38 | $1.35 | $1.22 |
| Net income | ||||
| Net income | $58.29 | $20.35 | $16.25 | $29.83 |
| Income (for common shares) | $58.29 | $20.35 | $16.25 | $29.83 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $17.02 | $16.7 | $17.46 | $14.91 |
| Operating activities | ||||
| Depreciation | $3.51 | $3.56 | $3.32 | $3.21 |
| Business acquisitions & disposals | $0.43 | -$17.8 | ||
| Stock-based compensation | $0.38 | $0.38 | $0.45 | $0.07 |
| Total cash flows from operations | $8.98 | $6.75 | $1.3 | $9.67 |
| Investing activities | ||||
| Capital expenditures | -$4.66 | -$1.99 | -$3.33 | -$4.62 |
| Investments | ||||
| Total cash flows from investing | -$4.66 | -$1.57 | -$3.33 | -$22.42 |
| Financing activities | ||||
| Dividends paid | -$2.18 | -$2.07 | -$2.06 | -$2.06 |
| Sale and purchase of stock | ||||
| Net borrowings | -$5 | $15 | ||
| Total cash flows from financing | -$7.18 | -$2.07 | -$2.06 | $12.94 |
| Effect of exchange rate | -$0.23 | -$0.05 | $0.44 | $0.59 |
| Change in cash and equivalents | -$3.1 | $3.06 | -$3.65 | $0.78 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $58.29 | $20.35 | $16.25 | $29.83 |
| Operating activities | ||||
| Depreciation | $13.24 | $11.76 | $11.04 | $9.6 |
| Business acquisitions & disposals | -$17.38 | |||
| Stock-based compensation | $1.18 | $0.94 | $0.2 | $0.19 |
| Total cash flows from operations | $10.96 | -$19.16 | $15.27 | $60.71 |
| Investing activities | ||||
| Capital expenditures | -$11.7 | -$28.93 | -$9.06 | -$17.22 |
| Investments | ||||
| Total cash flows from investing | -$29.07 | -$28.93 | -$9.06 | -$17.22 |
| Financing activities | ||||
| Dividends paid | -$8.25 | -$8.22 | -$8.22 | -$8.21 |
| Sale and purchase of stock | ||||
| Net borrowings | $15 | $44.98 | -$0.02 | -$5.42 |
| Total cash flows from financing | $6.75 | $36.77 | -$8.24 | -$13.63 |
| Effect of exchange rate | $1.12 | -$2.86 | -$1.16 | $1.59 |
| Change in cash and equivalents | -$10.24 | -$14.18 | -$3.19 | $31.45 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $1.22B |
|---|---|
| EBITDA | $103.28M |
| EBIT | $89.68M |
| Net Income | $66.09M |
| Revenue Q/Q | 23.95% |
| Revenue Y/Y | 33.41% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 10.42% |
| ROE | 19.46% |
| Debt/Equity | 0.86 |
|---|---|
| Net debt/EBITDA | 2.98 |
| Current ratio | 2.03 |
| Quick ratio | 1.36 |