Miller Industries, Inc. (MLR)
Miller Industries, Inc. operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Ooltewah, TN, US. The stock last traded at $55.28, up 1.26% on the session, giving a market capitalisation of $630.0M. On trailing twelve-month figures it carries a trailing P/E of 43.87, a net margin of 1.9%. Its beta of 1.12 implies it has historically moved more than the broad market.
Miller Industries, Inc., alongside its affiliated companies, is a leading producer and vendor of specialized equipment for vehicle towing and recovery. Their diverse product lineup features heavy-duty wreckers, essential for the salvage and transport of disabled vehicles and machinery. They also manufacture advanced car carriers – flatbed trucks equipped with hydraulic tilt capabilities – designed for the efficient movement of both new and non-operational automobiles and other equipment. Additionally, the company supplies various transport trailers, which are utilized for relocating vehicles to auto auctions, car dealerships, leasing agencies, and similar applications. These products are distributed under well-known brands such as Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron. Miller Industries' distribution network is extensive, operating through independent dealers across the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa. They also supply governmental entities through primary contractors. The corporation was founded in 1990 and maintains its principal operational base in Ooltewah, Tennessee.
Miller Industries, Inc. is most often compared with the following Consumer Cyclical names: