MILLER INDUSTRIES INC /TN/
MLR · Truck & Bus Bodies · 11.4M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $2M (gross $3M, SBC $1M)
Grade
C62Market-leading towing-equipment maker with a strong balance sheet but a sharp earnings decline and demand headwinds.
Strengths
- Healthy liquidity (current ratio 3.2) and strong FCF ($85M, 64th pct); ROA 3.9% (74.7th pct)
- Dominant towing/recovery brand portfolio with a loyal distributor network
Risks
- Net income fell ~64% (20.9th pct) on supply-chain, tariff, and channel-inventory headwinds
- Chassis-supply dependence and softening retail demand amid high equipment-ownership costs
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on assets
3.9%
Revenue growth (QoQ)
-0.3%
Net-income growth
-63.8%
Current ratio
3.2×
Free cash flow
$85M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-21 | Ashford Theodore H. III | Option exercise | 1.8K | — |
| 2026-05-21 | Walton Leigh | Option exercise | 1.8K | — |
| 2026-05-21 | Sweeney Susan E | Option exercise | 1.8K | — |
| 2026-05-21 | Reyes Javier A | Option exercise | 1.8K | — |
| 2026-05-21 | Jackson Peter Lee | Option exercise | 1.8K | — |
| 2026-03-15 | BADGLEY JEFFREY I | Option exercise | 3.3K | — |
| 2026-03-15 | BADGLEY JEFFREY I | Tax withheld | 778 | $43.88 |
| 2026-03-15 | WHITMIRE DEBORAH L | Option exercise | 5.8K | — |
| 2026-03-15 | WHITMIRE DEBORAH L | Tax withheld | 2.0K | $43.88 |
| 2026-03-15 | Tiano Vincent J. | Option exercise | 3.3K | — |
| 2026-03-15 | Tiano Vincent J. | Tax withheld | 778 | $43.88 |
| 2026-03-15 | Reyneke Josias W. | Option exercise | 3.3K | — |
| 2026-03-15 | Reyneke Josias W. | Tax withheld | 778 | $43.88 |
| 2026-03-15 | Miller William G. II | Option exercise | 19K | — |
| 2026-03-15 | Miller William G. II | Tax withheld | 7.3K | $43.88 |
| 2026-03-15 | MADONIA FRANK | Option exercise | 3.3K | — |
| 2026-03-15 | MADONIA FRANK | Tax withheld | 778 | $43.88 |
| 2026-03-06 | WHITMIRE DEBORAH L | Option exercise | 5.1K | — |
| 2026-03-06 | WHITMIRE DEBORAH L | Tax withheld | 1.2K | $45.96 |
| 2026-03-06 | Tiano Vincent J. | Option exercise | 2.9K | — |
| 2026-03-06 | Tiano Vincent J. | Tax withheld | 678 | $45.96 |
| 2026-03-06 | Reyneke Josias W. | Option exercise | 2.9K | — |
| 2026-03-06 | Reyneke Josias W. | Tax withheld | 678 | $45.96 |
| 2026-03-06 | Miller William G. II | Option exercise | 17K | — |
| 2026-03-06 | Miller William G. II | Tax withheld | 4.8K | $45.96 |
| 2026-03-06 | MADONIA FRANK | Option exercise | 2.9K | — |
| 2026-03-06 | MADONIA FRANK | Tax withheld | 678 | $45.96 |
| 2026-03-06 | BADGLEY JEFFREY I | Option exercise | 2.9K | — |
| 2026-03-06 | BADGLEY JEFFREY I | Tax withheld | 678 | $45.96 |
| 2026-03-01 | BADGLEY JEFFREY I | Option exercise | 6.0K | — |
| 2026-03-01 | BADGLEY JEFFREY I | Tax withheld | 1.4K | $42.03 |
| 2026-03-01 | WHITMIRE DEBORAH L | Option exercise | 6.0K | — |
| 2026-03-01 | WHITMIRE DEBORAH L | Tax withheld | 1.4K | $42.03 |
| 2026-03-01 | Miller William G. II | Option exercise | 12K | — |
| 2026-03-01 | Miller William G. II | Tax withheld | 2.9K | $42.03 |
| 2026-03-01 | Tiano Vincent J. | Option exercise | 2.0K | — |
| 2026-03-01 | Tiano Vincent J. | Tax withheld | 480 | $42.03 |
| 2026-03-01 | Reyneke Josias W. | Option exercise | 2.0K | — |
| 2026-03-01 | Reyneke Josias W. | Tax withheld | 480 | $42.03 |
| 2026-03-01 | MADONIA FRANK | Option exercise | 2.0K | — |
| 2026-03-01 | MADONIA FRANK | Tax withheld | 480 | $42.03 |
| 2025-05-22 | Ashford Theodore H. III | Option exercise | 1.4K | — |
| 2025-05-22 | CHANDLER A RUSSELL III | Option exercise | 1.4K | — |
| 2025-05-22 | Reyes Javier A | Option exercise | 1.4K | — |
| 2025-05-22 | Jackson Peter Lee | Option exercise | 1.4K | — |
| 2025-05-22 | Sutton Jill | Option exercise | 1.4K | — |
| 2025-05-22 | Sweeney Susan E | Option exercise | 1.4K | — |
| 2025-05-22 | Walton Leigh | Option exercise | 1.4K | — |
| 2025-03-24 | WHITMIRE DEBORAH L | L | 43 | $43.20 |
| 2025-03-06 | WHITMIRE DEBORAH L | Option exercise | 5.1K | — |
| 2025-03-06 | WHITMIRE DEBORAH L | Tax withheld | 1.2K | $46.47 |
| 2025-03-06 | Tiano Vincent J. | Option exercise | 2.9K | — |
| 2025-03-06 | Tiano Vincent J. | Tax withheld | 694 | $46.47 |
| 2025-03-06 | Reyneke Josias W. | Option exercise | 2.9K | — |
| 2025-03-06 | Reyneke Josias W. | Tax withheld | 694 | $46.47 |
| 2025-03-06 | Miller William G. II | Option exercise | 17K | — |
| 2025-03-06 | Miller William G. II | Tax withheld | 4.0K | $46.47 |
| 2025-03-06 | MADONIA FRANK | Option exercise | 2.9K | — |
| 2025-03-06 | MADONIA FRANK | Tax withheld | 694 | $46.47 |
| 2025-03-06 | BADGLEY JEFFREY I | Option exercise | 2.9K | — |
| 2025-03-06 | BADGLEY JEFFREY I | Tax withheld | 694 | $46.47 |
| 2025-03-01 | Tiano Vincent J. | Option exercise | 2.0K | — |
| 2025-03-01 | Tiano Vincent J. | Tax withheld | 480 | $57.92 |
| 2025-03-01 | MADONIA FRANK | Option exercise | 2.0K | — |
| 2025-03-01 | MADONIA FRANK | Tax withheld | 480 | $57.92 |
| 2025-03-01 | WHITMIRE DEBORAH L | Option exercise | 6.0K | — |
| 2025-03-01 | WHITMIRE DEBORAH L | Tax withheld | 1.4K | $57.92 |
| 2025-03-01 | Reyneke Josias W. | Option exercise | 2.0K | — |
| 2025-03-01 | Reyneke Josias W. | Tax withheld | 480 | $57.92 |
| 2025-03-01 | Miller William G. II | Option exercise | 12K | — |
| 2025-03-01 | Miller William G. II | Tax withheld | 2.9K | $57.92 |
| 2025-03-01 | BADGLEY JEFFREY I | Option exercise | 6.0K | — |
| 2025-03-01 | BADGLEY JEFFREY I | Tax withheld | 1.4K | $57.92 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-26 | Shareholder vote | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-04-08 | Exec/director changeExhibits | filing ↗ |
| 2026-03-06 | Exec/director changeExhibits | filing ↗ |
| 2026-03-04 | ResultsExhibits | filing ↗ |
| 2025-12-02 | Material agreementReg FDExhibits | filing ↗ |
| 2025-11-05 | ResultsExhibits | filing ↗ |
| 2025-08-06 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-26 | 2026-05-22 | 0001104659-26-066278 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001104659-26-056286 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001104659-26-056290 ↗ |
| 8-K | 2026-04-08 | 2026-04-07 | 0001104659-26-040892 ↗ |
| 8-K | 2026-03-06 | 2026-03-02 | 0001104659-26-024716 ↗ |
| 8-K | 2026-03-04 | 2026-03-04 | 0001104659-26-023483 ↗ |
| 10-K | 2026-03-04 | 2025-12-31 | 0001104659-26-023486 ↗ |
| 8-K | 2025-12-02 | 2025-12-02 | 0001104659-25-117534 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001104659-25-107048 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001104659-25-107065 ↗ |
| 10-Q | 2025-08-06 | 2025-06-30 | 0001558370-25-010540 ↗ |
| 8-K | 2025-08-06 | 2025-08-06 | 0001558370-25-010537 ↗ |