MILLER INDUSTRIES, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $790.3M | $1.26B | $1.15B | $848.5M | $717.5M | $651.3M | $818.2M |
| Cost of Revenue | — | $669.9M | $1.09B | $1.00B | $766.0M | $647.6M | $572.9M | $721.7M |
| Gross Profit | — | $120.4M | $170.8M | $151.9M | $82.4M | $69.9M | $78.4M | $96.5M |
| Gross Margin | — | 15.2% | 13.6% | 13.2% | 9.7% | 9.7% | 12.0% | 11.8% |
| Operating Expenses | ||||||||
| Research & Development | — | $8.2M | $6.2M | $6.0M | $4.0M | $3.6M | $4.7M | $3.7M |
| SG&A Expense | — | $89.0M | $86.3M | $73.1M | $52.8M | $46.2M | $39.7M | $43.4M |
| Operating Income | — | $32.2M | $84.1M | $79.8M | $29.1M | $23.1M | $39.3M | $52.8M |
| Operating Margin | — | 4.1% | 6.7% | 6.9% | 3.4% | 3.2% | 6.0% | 6.4% |
| Interest Expense | — | $660.0K | $3.9M | $6.0M | $3.4M | $1.4M | $1.2M | $2.4M |
| Pretax Income | — | $31.5M | $80.1M | $73.8M | $25.7M | $21.8M | $38.1M | $50.4M |
| Income Tax Expense | — | $8.5M | $16.6M | $15.5M | $5.4M | $5.5M | $8.3M | $11.3M |
| Net Income | — | $23.0M | $63.5M | $58.3M | $20.3M | $16.3M | $29.8M | $39.1M |
| Net Margin | — | 2.9% | 5.0% | 5.1% | 2.4% | 2.3% | 4.6% | 4.8% |
| EPS (Basic) | — | $2.01 | $5.55 | $5.10 | $1.78 | $1.42 | $2.62 | $3.43 |
| EPS (Diluted) | — | $1.98 | $5.47 | $5.07 | $1.78 | $1.42 | $2.62 | $3.43 |
| Shares Outstanding (Basic) | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M |
| Shares Outstanding (Diluted) | 11.4M | 11.6M | 11.6M | 11.5M | 11.4M | 11.4M | 11.4M | 11.4M |
| Dividends Per Share | — | $0.80 | $0.76 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 |