Miller Operating Income from 2010 to 2024

MLR Stock

USD 74.31 0.88 1.20%

Miller Industries Operating Income yearly trend continues to be relatively stable with very little volatility. Operating Income is likely to grow to about 82.7 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Miller Industries generates from its operations. View All Fundamentals

Operating Income

First Reported

1994-06-30

Previous Quarter

28.3 M

Current Value

19.7 M

Quarterly Volatility

6.4 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Miller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 4.3 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0271 or PTB Ratio of 1.86. Miller financial statements analysis is a perfect complement when working with Miller Industries Valuation or Volatility modules.

Check out the analysis of Miller Industries Correlation against competitors.

To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Latest Miller Industries' Operating Income Growth Pattern

Below is the plot of the Operating Income of Miller Industries over the last few years. Operating Income is the amount of profit realized from Miller Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Miller Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Miller Industries' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Miller Industries' overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Operating Income

Timeline

Miller Operating Income Regression Statistics

	Arithmetic Mean	32,849,823
	Geometric Mean	26,762,893
	Coefficient Of Variation	68.33
	Mean Deviation	16,434,164
	Median	29,714,000
	Standard Deviation	22,447,612
	Sample Variance	503.9T
	Range	74.1M
	R-Value	0.60
	Mean Square Error	347.3T
	R-Squared	0.36
	Significance	0.02
	Slope	3,011,534
	Total Sum of Squares	7054.5T

Miller Operating Income History

	2024	82.7 M
	2023	78.8 M
	2022	17.3 M
	2021	12.1 M
	2020	29.7 M
	2019	43.6 M
	2018	43.5 M

Other Fundumenentals of Miller Industries

Non Operating Income Net Other

Miller Industries Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Long Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.59	0.96	0.98	0.98	0.97	1.0	-0.47	0.62	-0.21	0.11	-0.49	0.84	0.54	0.82	0.79	0.83	0.88	0.79	-0.77	0.51	0.88	0.87	-0.72
Total Stockholder Equity	0.98		0.42	0.94	0.92	0.93	0.9	0.96	-0.47	0.68	-0.36	-0.07	-0.6	0.8	0.38	0.85	0.85	0.73	0.82	0.66	-0.8	0.57	0.83	0.82	-0.61
Net Debt	0.59	0.42		0.59	0.67	0.67	0.74	0.61	-0.38	0.04	0.47	0.74	0.2	0.71	0.8	0.39	0.29	0.73	0.58	0.87	-0.45	-0.05	0.62	0.62	-0.71
Retained Earnings	0.96	0.94	0.59		0.93	0.92	0.92	0.94	-0.59	0.44	-0.03	0.25	-0.29	0.94	0.56	0.9	0.82	0.77	0.92	0.73	-0.85	0.63	0.92	0.91	-0.67
Accounts Payable	0.98	0.92	0.67	0.93		0.99	0.99	0.98	-0.43	0.55	-0.08	0.22	-0.38	0.85	0.63	0.77	0.72	0.87	0.87	0.81	-0.72	0.46	0.86	0.85	-0.78
Net Receivables	0.98	0.93	0.67	0.92	0.99		0.98	0.98	-0.41	0.59	-0.13	0.17	-0.43	0.83	0.62	0.75	0.75	0.87	0.83	0.8	-0.73	0.4	0.84	0.83	-0.78
Total Liab	0.97	0.9	0.74	0.92	0.99	0.98		0.98	-0.44	0.53	-0.04	0.29	-0.35	0.85	0.68	0.75	0.68	0.89	0.88	0.88	-0.7	0.42	0.88	0.87	-0.8
Total Current Assets	1.0	0.96	0.61	0.94	0.98	0.98	0.98		-0.42	0.63	-0.19	0.13	-0.48	0.82	0.58	0.78	0.75	0.85	0.88	0.81	-0.72	0.49	0.87	0.87	-0.76
Short Term Debt	-0.47	-0.47	-0.38	-0.59	-0.43	-0.41	-0.44	-0.42		-0.03	-0.15	-0.3	-0.05	-0.7	-0.28	-0.6	-0.4	-0.29	-0.45	-0.36	0.78	-0.3	-0.52	-0.52	0.26
Intangible Assets	0.62	0.68	0.04	0.44	0.55	0.59	0.53	0.63	-0.03		-0.72	-0.5	-0.83	0.22	0.03	0.22	0.49	0.31	0.35	0.34	-0.33	0.13	0.23	0.22	-0.49
Good Will	-0.21	-0.36	0.47	-0.03	-0.08	-0.13	-0.04	-0.19	-0.15	-0.72		0.91	0.93	0.2	0.61	-0.11	-0.34	0.16	0.11	0.17	0.14	0.01	0.09	0.09	-0.23
Long Term Debt	0.11	-0.07	0.74	0.25	0.22	0.17	0.29	0.13	-0.3	-0.5	0.91		0.77	0.47	0.74	0.12	-0.11	0.37	0.38	0.52	-0.11	0.06	0.36	0.36	-0.44
Common Stock	-0.49	-0.6	0.2	-0.29	-0.38	-0.43	-0.35	-0.48	-0.05	-0.83	0.93	0.77		-0.03	0.28	-0.31	-0.47	-0.22	-0.16	-0.13	0.28	-0.12	-0.21	-0.21	0.08
Property Plant Equipment	0.84	0.8	0.71	0.94	0.85	0.83	0.85	0.82	-0.7	0.22	0.2	0.47	-0.03		0.61	0.85	0.72	0.71	0.84	0.72	-0.87	0.53	0.86	0.85	-0.62
Current Deferred Revenue	0.54	0.38	0.8	0.56	0.63	0.62	0.68	0.58	-0.28	0.03	0.61	0.74	0.28	0.61		0.3	0.15	0.83	0.66	0.74	-0.25	0.25	0.61	0.61	-0.88
Net Tangible Assets	0.82	0.85	0.39	0.9	0.77	0.75	0.75	0.78	-0.6	0.22	-0.11	0.12	-0.31	0.85	0.3		0.82	0.64	0.78	0.53	-0.86	0.67	0.9	0.9	-0.31
Short Term Investments	0.79	0.85	0.29	0.82	0.72	0.75	0.68	0.75	-0.4	0.49	-0.34	-0.11	-0.47	0.72	0.15	0.82		0.49	0.6	0.41	-0.83	0.46	0.67	0.66	-0.33
Capital Surpluse	0.83	0.73	0.73	0.77	0.87	0.87	0.89	0.85	-0.29	0.31	0.16	0.37	-0.22	0.71	0.83	0.64	0.49		0.78	0.82	-0.49	0.39	0.84	0.84	-0.81
Deferred Long Term Liab	0.88	0.82	0.58	0.92	0.87	0.83	0.88	0.88	-0.45	0.35	0.11	0.38	-0.16	0.84	0.66	0.78	0.6	0.78		0.79	-0.6	0.68	0.93	0.92	-0.72
Long Term Debt Total	0.79	0.66	0.87	0.73	0.81	0.8	0.88	0.81	-0.36	0.34	0.17	0.52	-0.13	0.72	0.74	0.53	0.41	0.82	0.79		-0.49	0.21	0.8	0.79	-0.78
Short Long Term Debt	-0.77	-0.8	-0.45	-0.85	-0.72	-0.73	-0.7	-0.72	0.78	-0.33	0.14	-0.11	0.28	-0.87	-0.25	-0.86	-0.83	-0.49	-0.6	-0.49		-0.41	-0.7	-0.7	0.35
Cash And Equivalents	0.51	0.57	-0.05	0.63	0.46	0.4	0.42	0.49	-0.3	0.13	0.01	0.06	-0.12	0.53	0.25	0.67	0.46	0.39	0.68	0.21	-0.41		0.63	0.63	-0.26
Net Invested Capital	0.88	0.83	0.62	0.92	0.86	0.84	0.88	0.87	-0.52	0.23	0.09	0.36	-0.21	0.86	0.61	0.9	0.67	0.84	0.93	0.8	-0.7	0.63		1.0	-0.59
Net Working Capital	0.87	0.82	0.62	0.91	0.85	0.83	0.87	0.87	-0.52	0.22	0.09	0.36	-0.21	0.85	0.61	0.9	0.66	0.84	0.92	0.79	-0.7	0.63	1.0		-0.58
Capital Stock	-0.72	-0.61	-0.71	-0.67	-0.78	-0.78	-0.8	-0.76	0.26	-0.49	-0.23	-0.44	0.08	-0.62	-0.88	-0.31	-0.33	-0.81	-0.72	-0.78	0.35	-0.26	-0.59	-0.58

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About Miller Industries Financial Statements

Miller Industries shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Miller Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Miller Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Miller Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Operating Income	78.8 M	82.7 M
Non Operating Income Net Other	-227.7 K	-216.3 K

Pair Trading with Miller Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miller Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miller Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Miller Stock

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0.68	EFSH	1847 Holdings LLC	Pair Corr
0.68	SLDP	Solid Power	Pair Corr
0.63	WPRT	Westport Fuel Systems	Pair Corr
0.47	EMAX	Ecomax Inc	Pair Corr

The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miller Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miller Industries to buy it.

The correlation of Miller Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Miller Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.

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Miller Operating Income from 2010 to 2024

Latest Miller Industries' Operating Income Growth Pattern

Miller Operating Income Regression Statistics

Miller Operating Income History

Other Fundumenentals of Miller Industries

Miller Industries Operating Income component correlations

About Miller Industries Financial Statements

Pair Trading with Miller Industries

Moving against Miller Stock

Additional Tools for Miller Stock Analysis

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