MLR (Miller Industries) Debt-to-EBITDA : 1.05 (As of Mar. 2026) — 262% Above Median


MLR Miller Industries Inc MLR
87 GF Score
Price $48.99
GF Value $33.96
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Miller Industries Debt-to-EBITDA?

Miller Industries MLR +1.53% 87 Debt-to-EBITDA is 1.05 as of Mar. 2026, which is 262% above its 10-year median of 0.29. GuruFocus rates MLR with a GF Score™ of 87/100 and a GF Value™ of $33.96 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,097 Vehicles & Parts companies, Miller Industries ranks better than 79.03% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Miller Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.5 Mil. Miller Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $22.5 Mil. Miller Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was $23.9 Mil. Miller Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.05.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Miller Industries's Debt-to-EBITDA or its related term are showing as below:

MLR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.29   Max: 1.12
Current: 0.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Miller Industries was 1.12. The lowest was 0.03. And the median was 0.29.

MLR's Debt-to-EBITDA is ranked better than
79.03% of 1097 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs MLR: 0.65

Miller Industries  (NYSE:MLR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Miller Industries Debt-to-EBITDA Related Terms


Miller Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Miller Industries's Debt-to-EBITDA 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.

Miller Industries Debt-to-EBITDA Chart

Miller Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 1.12 0.65 0.67 0.72

Miller Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 0.90 1.43 0.93 1.05

MLR vs SLDP, MNRO, CPS: Debt-to-EBITDA Comparison

For the Auto Parts subindustry, Miller Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Vehicles & Parts Industry

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

* The bar in red indicates where Miller Industries's Debt-to-EBITDA falls into.


MLR
87GF Score
Miller Industries Inc MLR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Miller Industries Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Miller Industries's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.422 + 31.155) / 46.839
=0.72

Miller Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.524 + 22.465) / 23.88
=1.05

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.05 mean?
Miller Industries (MLR) has a Debt-to-EBITDA of 1.05 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Miller Industries. This is 262% above median its historical median of 0.29. Over the past decade, Miller Industries' Debt-to-EBITDA has ranged from 0.03 to 1.12. According to the industry distribution chart, Miller Industries ranks #230 out of 1097 companies in the Vehicles & Parts industry, placing it in the top 21%.
Is Miller Industries' Debt-to-EBITDA too high?
Miller Industries' current Debt-to-EBITDA of 1.05 is 262% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.12. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Miller Industries' value of 1.05 is 53.3% below this industry median. Based on the distribution chart, Miller Industries ranks #230 out of 1097 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Miller Industries has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miller Industries' Debt-to-EBITDA compare to SLDP and MNRO?
According to the Vehicles & Parts industry distribution chart, Miller Industries ranks #230 out of 1097 companies for Debt-to-EBITDA. This places Miller Industries in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.25. Miller Industries' value of 1.05 is 53.3% below this benchmark. Historically, Miller Industries' own Debt-to-EBITDA has ranged from 0.03 to 1.12 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 2.25, Miller Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miller Industries's current Debt-to-EBITDA of 1.05 is 53.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Miller Industries. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miller Industries's current Debt-to-EBITDA is 1.05, which is 262% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miller Industries stock overvalued right now?
Based on GuruFocus' analysis, Miller Industries (MLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.96, compared to a current price of $48.99 — trading 44.3% above its estimated fair value. The current Debt-to-EBITDA is 1.05, which is 262% above median its 10-year median of 0.29 and 53.3% below the Vehicles & Parts industry median of 2.25. Miller Industries' overall GF Score™ is 87/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Miller Industries (MLR), the current Debt-to-EBITDA is 1.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Miller Industries (MLR) Overvalued in 2026?

Based on GuruFocus' analysis, Miller Industries stock appears to be overvalued. The current stock price of $48.99 is trading 44.3% above its estimated GF Value™ of $33.96. GuruFocus considers Miller Industries to be Significantly Overvalued.

Key valuation signals for MLR:

  • Debt-to-EBITDA: 1.05 (262% above median its 10-year median of 0.29)
  • GF Value™: $33.96 vs. price of $48.99 (44.3% above fair value)
  • GF Score™: 87/100 with 9 warning signs
  • Industry Position: 53.3% below the Vehicles & Parts median (#230 of 1097)

No single metric tells the full story. See the MLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miller Industries Business Description

Address 8503 Hilltop Drive, Ooltewah, TN, USA, 37363
Miller Industries Inc is a manufacturer of Towing and Recovery Equipment. The company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to customers. Its product lines include car carriers, light duty, heavy duty, rotators, special transport, military, wreckers, and transport trailers. It sells products under various brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle.
87GF Score

Get the complete analysis for MLR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.99
Price
$33.96
GF Value