Miller Industries, Inc. · NYSE:MLR
Miller Industries — Q3 2026 Earnings Presentation
15 slides from Miller Industries's earnings presentation, November 2026
Slide 1: Q3 2026 IR Presentation
Q3 2026 IR PRESENTATION THE WORLD’S LARGEST MANUFACTURER OF TOWING AND RECOVERY EQUIPMENT
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 de ned in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identi ed by the use of words such as “may”,
Slide 3: Overview: The World's Largest Manufacturer of Towing and Recovery Equipment
MILLER INDUSTRIES OVERVIEW THE WORLD’S LARGEST MANUFACTURER OF LIGHT-DUTY RECOVERY CAR CARRIER TOWING AND RECOVERY EQUIPMENT COMPANY PROFILE SPECIALTY TRANSPORT MEDIUM- & HEAVY-DUTY RECOVERY NYSE: MLR FOUNDED IN 1990 HEADQUARTERS - OOLTEWAH, TN OPERATIONS IN TN, PA, ENGLAND, FRANCE, AND ITALY 1,500+
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: Thank You to Our Global 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 $212.2M $29.8M $6.1M REVENUE GROSS PROFIT - 14.0% NET INCOME - 3.0% Q3 YOY - Increased 18.8% Q3 YOY - Increased 17.6% Q3 YOY - Increased 97.2% Q3 ’26 vs Q2 ’26 - Decreased 11.6% Q3 ’26 vs Q2 ’26 - Decreased 17.1% Q3 ’26 vs Q2 ’26 - Decreased
Slide 7: 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: 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 Activity
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 RFQS 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 ■ QUARTERLY DIVIDEND ■ INNOVATION CAPITAL ALLOCATION STRATEGY ■ SHARE REPURCHASE ■ AUTOMATION ■ WORKING CAPITAL ■ HUMAN CAPITAL ■ M&A OPPORTUNITIES ■ CAPACITY EXPANSION
Slide 12: 2026 Guidance
MILLER INDUSTRIES GUIDANCE ■ REVENUE $850 - $900M FOR FY2026 2026 GUIDANCE ■ 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 [email protected] FOR MORE INFORMATION
Slide 14: Question & Answer
MILLER INDUSTRIES QUESTION & ANSWER Q&A
Slide 15: Thank You
CENTU Whiner !NDUS TRIES