Miller Industries (Miller Industries) Capex-to-Operating-Income : 0.11 (As of Dec. 2023)

Miller Industries Capex-to-Operating-Income Chart

Miller Industries Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Capex-to-Operating-Income		Get a 7-Day Free Trial					0.33	0.45	0.39	0.98	0.15

Miller Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial															0.31	0.14	0.24	0.13	0.11

Competitive Comparison of Miller Industries's Capex-to-Operating-Income

For the Auto Parts subindustry, Miller Industries's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Miller Industries's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Miller Industries's Capex-to-Operating-Income falls into.

Miller Industries Capex-to-Operating-Income Calculation

Miller Industries's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Miller Industries's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Miller Industries  (NYSE:MLR) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Miller Industries Capex-to-Operating-Income Related Terms

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Miller Industries (Miller Industries) Business Description