Miller Industries, Inc. · NYSE:MLR
Miller Industries — Q3 2026 Earnings Presentation
15 slides from Miller Industries's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 IR Presentation
THE WORLD’S LARGEST MANUFACTURER OF TOWING AND RECOVERY EQUIPMENT Q3 2026 IR PRESENTATION
Slide 2: Forward Looking Statements Safe Harbor Statement
MILLER INDUSTRIES FORWARD LOOKING STATEMENTS SAFE HARBOR STATEMENT Certain statements in this presentation may be deemed to be forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “may
Slide 3: Overview: Company Profile
MILLER INDUSTRIES OVERVIEW THE WORLD’S LARGEST MANUFACTURER OF TOWING AND RECOVERY EQUIPMENT LIGHT-DUTY RECOVERY CAR CARRIER SPECIALTY TRANSPORT MEDIUM- & HEAVY-DUTY RECOVERY ROTATORS MILITARY RECOVERY NYSE: MLR FOUNDED IN 1990 HEADQUARTERS - OOLTEWAH, TN OPERATIONS IN TN, PA, ENGLAND, FRANCE, AND I
Slide 4: Core Philosophy
“ MILLER INDUSTRIES CORE PHILOSOPHY WE HAVE THE BEST PEOPLE, THE BEST PRODUCTS, AND THE BEST DISTRIBUTION NETWORK IN THE TOWING AND RECOVERY INDUSTRY.” - BILL MILLER - 1990
Slide 5: Our Team
“ MILLER INDUSTRIES OUR TEAM THANK YOU TO OUR GLOBAL TEAM
Slide 6: Third Quarter 2026 Quarterly Key Metrics
MILLER INDUSTRIES THIRD QUARTER 2026 QUARTERLY KEY METRICS Q3 YOY - Increased 18.8% Q3 ’26 vs Q2 ’26 - Decreased 11.6% REVENUE GROSS PROFIT - 14.0% $212.2M $29.8M NET INCOME - 3.0% $6.1M EPS, DILUTED $0.53 $5.1M CASH RETURNED TO SHAREHOLDERS Q3 YOY - Increased 17.6% Q3 ’26 vs Q2 ’26 - Decreased 17.1
Slide 7: Domestic Overview: 2026 Domestic Market Outlook
MILLER INDUSTRIES DOMESTIC OVERVIEW 2026 DOMESTIC MARKET OUTLOOK ■ NEW PRODUCT LAUNCH ■ CHASSIS UPDATE ■ RETAIL ACTIVITY ■ PRODUCTION LEVELS ■ PRODUCT MIX
Slide 8: Export Overview: 2026 Export Outlook
MILLER INDUSTRIES EXPORT OVERVIEW 2026 EXPORT OUTLOOK ■ STRONG BACKLOG ■ JIGE EXPANSION Q1 2027 ■ BONIFACE FACILITY EFFICIENCY IMPROVEMENTS ■ OMARS INTEGRATION
Slide 9: Military
MILLER INDUSTRIES MILITARY MILITARY ACTIVITY ■ PRE-PRODUCTION AND TEST UNITS CURRENTLY IN PRODUCTION ■ MAJORITY OF REVENUE TO BE RECOGNIZED IN 2028 & 2029 ■ SIGNIFICANT VALUE OF OUTSTANDING RFQ S IN PROCESS
Slide 10: Ooltewah Expansion Update
MILLER INDUSTRIES EXPANSION OOLTEWAH EXPANSION UPDATE ■ BUILDING CONSTRUCTION BEGAN IN SEPTEMBER 2026 ■ BUILDING STEEL SCHEDULED TO ARRIVE IN JANUARY 2027 ■ CAPITAL EXPENDITURES TO INCREASE THROUGHOUT 2026 & 2027, VAST MAJORITY FUNDED THROUGH OPERATING CASH FLOW
Slide 11: Capital Allocation Strategy
MILLER INDUSTRIES CAPITAL ALLOCATION CAPITAL ALLOCATION STRATEGY ■QUARTERLY DIVIDEND ■SHARE REPURCHASE ■WORKING CAPITAL ■M&A OPPORTUNITIES ■INNOVATION ■AUTOMATION ■HUMAN CAPITAL ■CAPACITY EXPANSION
Slide 12: 2026 Guidance
MILLER INDUSTRIES GUIDANCE 2026 GUIDANCE ■ REVENUE $850 - $900M FOR FY2026 ■ FY2026 EPS IN LINE WITH FY2025 ■ FY2026 GROSS MARGIN APPROX. 14%
Slide 13: Investor Relations Schedule 2026
MILLER INDUSTRIES INVESTOR RELATIONS INVESTOR RELATIONS SCHEDULE 2026 ■ THREE PART ADVISORS SOUTHWEST IDEAS CONFERENCE 11/18 ■ ROADSHOWS TBD ■ REACH OUT TO INVESTOR.RELATIONS@MILLERIND.COM FOR MORE INFORMATION
Slide 14: Question & Answer
MILLER INDUSTRIES QUESTION & ANSWER Q&A
Slide 15: Thank You
THANK YOU Winer