The historical rank and industry rank for Miller Industries's Pretax Margin % or its related term are showing as below:
MLR'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.03 Med: 5.05 Max: 6.4
Current: 6.4
MLR's Pretax Margin % is ranked better than 62.31% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 4.475
vs MLR: 6.40
Miller Industries Pretax Margin % Historical Data
The historical data trend for Miller Industries's Pretax Margin % can be seen below:
* 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.
Competitive Comparison of Miller Industries's Pretax Margin %
For the Auto Parts subindustry, Miller Industries's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Miller Industries's Pretax Margin % falls into.
Miller Industries Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Miller Industries's Pretax Margin for the fiscal year 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) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Miller Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Miller Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Miller Industries (Miller Industries) Business Description
Miller Industries Inc is engaged in the manufacturing of vehicle towing and recovery equipment. The company produces wreckers, car carriers, and trailer bodies under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The products are sold primarily in North America, Canada, and Mexico through independent distributors.
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