MLR (Miller Industries) Interest Expense: $-0.7 Mil (TTM As of Mar. 2026)

What is Miller Industries Interest Expense?

Miller Industries MLR +1.15% 86 Interest Expense is $-0.7 Mil as of Mar. 2026. GuruFocus rates MLR with a GF Score™ of 86/100 and a GF Value™ of $33.53 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miller Industries's interest expense for the three months ended in Mar. 2026 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Miller Industries's Operating Income for the three months ended in Mar. 2026 was $ 1.7 Mil. Miller Industries's Interest Expense for the three months ended in Mar. 2026 was $ -0.1 Mil. Miller Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 11.95. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Miller Industries (NYSE:MLR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Miller Industries's Interest Expense for the three months ended in Mar. 2026 was $-0.1 Mil. Its Operating Income for the three months ended in Mar. 2026 was $1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $22.5 Mil.

Miller Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	1.733	/	-0.145
	=	11.95

* 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.

The higher the ratio, the stronger the company's financial strength is.

Miller Industries Interest Expense Historical Data

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The historical data trend for Miller Industries's Interest Expense can be seen below:

Miller Industries Interest Expense Chart

Miller Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-1.36

-3.38

-5.97

-3.93

-0.66

Miller Industries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.29	-0.09	-0.18	-0.15

86GF Score

Miller Industries Inc MLR

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Miller Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.7 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.7 Mil mean?

Miller Industries (MLR) has a Interest Expense of $-0.7 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Miller Industries and its competitors.

Is Miller Industries' Interest Expense too high?

Miller Industries' current Interest Expense is $-0.7 Mil. Overall, Miller Industries has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Miller Industries' Interest Expense compare to CPS and MVST?

Miller Industries' Interest Expense of $-0.7 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Vehicles & Parts company?

A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Miller Industries and its competitors. Miller Industries's current Interest Expense is $-0.7 Mil. 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 $33.53, compared to a current price of $52.93 — trading 57.9% above its estimated fair value. The current Interest Expense is $-0.7 Mil. Miller Industries' overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Miller Industries (MLR), the current Interest Expense is $-0.7 Mil 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 $52.93 is trading 57.9% above its estimated GF Value™ of $33.53. GuruFocus considers Miller Industries to be Significantly Overvalued.

Key valuation signals for MLR:

Interest Expense: $-0.7 Mil
GF Value™: $33.53 vs. price of $52.93 (57.9% above fair value)
GF Score™: 86/100 with 9 warning signs

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

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies CPS MVST MNRO SES ECX SLDP STRT FOXF HLLY SMP ORLY TSE:5802 AZO XKRX:012330 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG

Address 8503 Hilltop Drive, Ooltewah, TN, USA, 37363

Website https://www.millerind.com

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.

86GF Score

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$52.93

Price

$33.53

GF Value

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