MLRMILLER INDUSTRIES INC /TN/
Truck & Bus Bodies
- Revenue
- $790M
- 37% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$19M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear429% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear15% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $717M | $848M | $1.2B | $1.3B | $790M | 37% |
| Net income | $16M | $20M | $58M | $63M | $23M | 64% |
| Operating cash flow | $15M | −$19M | $11M | $17M | $99M | 485% |
| Capex | $9M | $29M | $12M | $15M | $14M | 11% |
| Stock-based comp | $200K | $743K | $1M | $3M | $5M | 65% |
| Buybacks | — | — | — | $3M | $6M | 107% |
| Dividends | $8M | $8M | $8M | $9M | $9M | 5.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 108 | 91 |
| FY2024 | — | — | 194 | 82 |
| FY2023 | — | — | 124 | 83 |
| FY2022 | — | — | 77 | 70 |
| FY2021 | — | — | 94 | 93 |