Hyster-Yale (HY) vs Miller Industries (MLR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Miller Industries (MLR) has outperformed Hyster-Yale (HY) over the past year, gaining 33.0% versus a loss of 5.9%. Over five years, MLR leads with a +54.6% price change compared with -31.6% for HY. Miller Industries is the larger company by market cap ($602.2 million vs $591.2 million), about 1.0 times the size.
On valuation, Hyster-Yale trades at a lower forward P/E (16.0x vs 19.1x for Miller Industries). Hyster-Yale offers the higher dividend yield (4.38% vs 1.55%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HY | MLR |
|---|---|---|
| Share price | $32.97 | $53.05 |
| Market cap | $591.16M | $602.23M |
| 1-day change | +2.61% | -1.98% |
| YTD return | +10.97% | +41.96% |
| 1-year return | -5.88% | +32.99% |
| 5-year return | -31.61% | +54.62% |
| P/E ratio (TTM) | — | 42.44 |
| Forward P/E | 16.00 | 19.08 |
| EPS (TTM) | $-6.58 | $1.25 |
| Dividend yield | 4.38% | 1.55% |
| Annual dividend | $1.45 | $0.82 |
| 52-week high | $41.30 | $59.70 |
| 52-week low | $26.41 | $35.72 |
| Distance from 52-week high | -20.17% | -11.14% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +51.65% | +9.33% |
| Average volume | 113.73K | 89.95K |
| Shares outstanding | 14.49M | 11.35M |
| Employees | 7,500 | 1,527 |
| Sector | Industrials | Consumer Cyclical |
| Industry | Farm & Heavy Construction Machinery | Auto Parts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MLR has outperformed HY by 38.9 percentage points over the past year.
- Hyster-Yale offers a meaningfully higher dividend yield (4.38% vs 1.55%).
- The two companies sit in different sectors: Hyster-Yale in Industrials and Miller Industries in Consumer Cyclical.
About Hyster-Yale
HY stock →Hyster-Yale, Inc., through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks.
Industrials · Farm & Heavy Construction Machinery · 7,500 employees
About Miller Industries
MLR stock →Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.
Consumer Cyclical · Auto Parts · 1,527 employees
HY vs MLR FAQ
Which is bigger, Hyster-Yale or Miller Industries?
Miller Industries (MLR) is larger, with a market capitalization of $602.23M compared with $591.16M for Hyster-Yale (HY).
Which stock has performed better over the past year, HY or MLR?
MLR returned +32.99% over the past 12 months, compared with -5.88% for HY (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Hyster-Yale or Miller Industries?
Hyster-Yale has the higher yield at 4.38%, compared with 1.55% for Miller Industries.
Are Hyster-Yale and Miller Industries in the same industry?
No. Hyster-Yale is in the Industrials sector, while Miller Industries is in Consumer Cyclical.