RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Miller Industries Stock

Miller Industries Market capitalization 2024

Miller Industries Market capitalization

659.7 M USD

Ticker

MLR

ISIN

US6005512040

WKN

899083

In 2024, Miller Industries's market cap stood at 659.7 M USD, a 46.74% increase from the 449.58 M USD market cap in the previous year.

The Miller Industries Market capitalization history

YEARMarket Capitalization (undefined USD)
2023408.91
2022298.82
2021457.38
2020353.57
2019367.5
2018298.06
2017294.07
2016248.92
2015242.42
2014216.97
2013186.94
2012178.2
2011202.6
2010163.82
2009101.62
2008107.32
2007240.48
2006251.86
2005175.28
2004102.64

Miller Industries Aktienanalyse

What does Miller Industries do?

Miller Industries Inc is a US company specializing in the manufacturing of tow trucks and other specialized vehicles. The company is headquartered in Ooltewah, Tennessee and was initially known as Miller Industries Towing Equipment Inc. The company was founded in 1990 by Bill and Carol Miller. Founder Bill Miller had previously worked in the towing industry and recognized the need to produce vehicles specifically tailored to the needs of this industry. Miller Industries' first product was the "Century 10 Series" tow truck. Since its founding, the company has continuously evolved and is now one of the world's leading manufacturers of tow trucks and specialized vehicles. The company employs over 1000 employees and operates manufacturing facilities in the USA and Europe. Miller Industries' business model is based on the development and production of high-quality and reliable tow trucks and other specialized vehicles. The company specializes in the production of rollbacks, heavy-duty trucks, and heavy-duty tow trucks. Miller Industries works closely with its customers to develop customized solutions for their needs. The company also offers repair and maintenance services. Miller Industries' product range includes various models of tow trucks and specialized vehicles. These include platform tow trucks, carrier vehicles, and rollbacks. In addition, the company also produces specialized vehicles for the transportation of airplanes and boats, as well as truck bodies. Each vehicle is individually configured according to the customer's requirements and can be equipped with a variety of special features. A significant sector of Miller Industries is the sale of its products to government agencies and military organizations worldwide. The company has a long tradition of working with law enforcement and rescue services. Sales to these organizations account for a significant portion of Miller Industries' revenue. Miller Industries is also a major player in the field of environmental technology. The company produces tow trucks with hybrid and electric drives and has taken a pioneering role in this area. The company has also developed a range of products specifically tailored to the needs of environmental and waste management companies. In recent times, Miller Industries has also announced a series of acquisitions and partnerships aimed at further strengthening and expanding the company. This includes the acquisition of TruBilt, a manufacturer of heavy-duty trucks and rollbacks. The company has also announced a partnership with BAE Systems to develop and produce hybrid drives for tow trucks. In summary, Miller Industries is a leading manufacturer of tow trucks and specialized vehicles that focuses on the needs of its customers. The company has a long tradition of working with government and military organizations and is also a leader in areas such as environmental technology and hybrid-electric drives. Miller Industries is committed to developing innovative solutions that meet the needs of its customers and strives to maintain and expand its position as a market leader. Miller Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Miller Industries's Market Capitalization

Miller Industries's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Miller Industries's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Miller Industries's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Miller Industries’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Miller Industries stock

What is the current Miller Industries market capitalization?

The current market capitalization of Miller Industries is 659.7 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Miller Industries.

How has the market capitalization of Miller Industries developed in recent years?

The market capitalization of Miller Industries has increased/decreased by 46.74% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Miller Industries?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Miller Industries?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Miller Industries have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Miller Industries pay?

Over the past 12 months, Miller Industries paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.26 %. For the coming 12 months, Miller Industries is expected to pay a dividend of 0.75 USD.

What is the dividend yield of Miller Industries?

The current dividend yield of Miller Industries is 1.26 %.

When does Miller Industries pay dividends?

Miller Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Miller Industries?

Miller Industries paid dividends every year for the past 17 years.

What is the dividend of Miller Industries?

For the upcoming 12 months, dividends amounting to 0.75 USD are expected. This corresponds to a dividend yield of 1.31 %.

In which sector is Miller Industries located?

Miller Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Miller Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Miller Industries from 9/16/2024 amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Miller Industries pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Miller Industries in the year 2023?

In the year 2023, Miller Industries distributed 0.72 USD as dividends.

In which currency does Miller Industries pay out the dividend?

The dividends of Miller Industries are distributed in USD.

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Andere Kennzahlen von Miller Industries

Our stock analysis for Miller Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Miller Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.