MILLER INDUSTRIES INC MLR 67.02
Industrials · NYSE · Data as of 2026-08-05
MILLER INDUSTRIES INC (MLR) has delivered +6.3% annualized revenue growth, +5.3% earnings growth, and +1.2% dividend growth over 10 years of data. Ranked #345 of 1968 stocks overall and #81 of 442 in the Industrials sector by Steady Score.
About MILLER INDUSTRIES INC
Company Overview
Miller Industries manufactures towing and vehicle-recovery equipment. Its brands offer wreckers, car carriers, rotators and specialized recovery bodies mounted on commercial truck chassis. Independent towing operators, fleet owners, municipalities and government agencies use the equipment to transport disabled vehicles and recover heavy trucks or machinery. Products are sold through a network of independent distributors worldwide.
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Business Model & Revenue
Revenue comes from completed towing and recovery units, bodies, options and replacement parts. Miller purchases truck chassis and components, manufactures recovery equipment and sells through distributors that serve end users. Unit demand, product mix, chassis availability and dealer inventory drive sales. Steel, labor, tariffs and production efficiency affect margins, while distributors often arrange customer financing.
Key Facts & Market Position
The company covers light-duty carriers through heavy rotators under several established brands. Specialized engineering, vehicle certification and distributor service support the installed fleet. Demand can be delayed by financing costs or chassis shortages, and dealer inventory creates order volatility even though towing services remain essential.