Myers Gross Profit from 2010 to 2025
MYE Stock | USD 12.05 0.47 3.75% |
Gross Profit | First Reported 1985-09-30 | Previous Quarter 65.1 M | Current Value 65.9 M | Quarterly Volatility 15.8 M |
Check Myers Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Myers Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26 M, Interest Expense of 32.5 M or Total Revenue of 594.4 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0523 or PTB Ratio of 1.82. Myers financial statements analysis is a perfect complement when working with Myers Industries Valuation or Volatility modules.
Myers | Gross Profit |
Latest Myers Industries' Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Myers Industries over the last few years. Gross profit is a required income statement account that reflects total revenue of Myers Industries minus its cost of goods sold. It is profit before Myers Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Myers Industries' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Myers Industries' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 275.26 M | 10 Years Trend |
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Gross Profit |
Timeline |
Myers Gross Profit Regression Statistics
Arithmetic Mean | 190,660,044 | |
Geometric Mean | 175,567,441 | |
Coefficient Of Variation | 30.66 | |
Mean Deviation | 40,154,461 | |
Median | 179,293,000 | |
Standard Deviation | 58,448,370 | |
Sample Variance | 3416.2T | |
Range | 254.2M | |
R-Value | 0.55 | |
Mean Square Error | 2546.2T | |
R-Squared | 0.30 | |
Significance | 0.03 | |
Slope | 6,772,763 | |
Total Sum of Squares | 51243.2T |
Myers Gross Profit History
Other Fundumenentals of Myers Industries
Myers Industries Gross Profit component correlations
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About Myers Industries Financial Statements
Myers Industries stakeholders use historical fundamental indicators, such as Myers Industries' Gross Profit, to determine how well the company is positioned to perform in the future. Although Myers Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Myers Industries' assets and liabilities are reflected in the revenues and expenses on Myers Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Myers Industries. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Gross Profit | 270.8 M | 178.9 M | |
Gross Profit Margin | 0.32 | 0.34 |
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Check out the analysis of Myers Industries Correlation against competitors. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 0.54 | Earnings Share 0.19 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.