Myers Industries Financials
| MYE Stock | USD 12.52 0.25 1.96% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 1.57 | 1.4914 |
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| Operating Income | 36.5 M | 44.5 M |
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| Current Ratio | 2.38 | 1.7627 |
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The financial analysis of Myers Industries is a critical element in measuring its lifeblood. Investors should not minimize Myers Industries' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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Myers | Select Account or Indicator |
Please note, the presentation of Myers Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Myers Industries' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Myers Industries' management manipulating its earnings.
Myers Industries Stock Summary
Myers Industries competes with O I, Pactiv Evergreen, Greif Bros, Crown Holdings, and Silgan Holdings. Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company was founded in 1933 and is headquartered in Akron, Ohio. Myers Industries operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 2725 people.Specialization | Consumer Cyclical, Packaging & Containers |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US6284641098 |
| CUSIP | 628464109 |
| Location | Ohio; U.S.A |
| Business Address | 1293 South Main |
| Sector | Containers & Packaging |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.myersindustries.com |
| Phone | 330 253 5592 |
| Currency | USD - US Dollar |
Myers Industries Key Financial Ratios
| Return On Equity | 0.0253 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.10 % | |||
| Price To Sales | 0.57 X | |||
| Revenue | 836.28 M |
Myers Industries Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 400.0M | 484.5M | 542.6M | 541.6M | 860.8M | 444.2M | |
| Other Current Liab | 29.9M | 36.4M | 45.6M | 42.8M | 30.6M | 32.4M | |
| Net Debt | 67.4M | 112.4M | 109.2M | 65.2M | 381.6M | 400.7M | |
| Retained Earnings | (117.9M) | (104.2M) | (64.0M) | (35.5M) | (48.5M) | (46.0M) | |
| Cash | 28.3M | 17.7M | 23.1M | 30.3M | 32.2M | 33.8M | |
| Net Receivables | 84.8M | 103.2M | 133.7M | 128.6M | 122.0M | 90.6M | |
| Inventory | 65.9M | 93.6M | 93.4M | 90.8M | 97.0M | 73.4M | |
| Other Current Assets | 4.8M | 5.5M | 7.0M | 6.9M | 8.1M | 8.8M | |
| Total Liab | 210.9M | 275.2M | 286.2M | 248.8M | 583.3M | 612.5M | |
| Total Current Assets | 183.7M | 219.9M | 257.2M | 256.6M | 259.3M | 189.7M | |
| Short Term Debt | 48.7M | 11.7M | 13.4M | 32.5M | 34.1M | 17.8M | |
| Intangible Assets | 41.0M | 50.2M | 51.8M | 45.1M | 166.3M | 174.6M | |
| Accounts Payable | 61.2M | 81.7M | 73.5M | 79.1M | 71.0M | 54.5M | |
| Good Will | 79.3M | 88.8M | 95.2M | 95.4M | 255.5M | 242.8M | |
| Common Stock | 21.9M | 22.2M | 22.3M | 22.6M | 22.9M | 21.8M | |
| Other Assets | 22.0M | 143.3M | 8.0M | 1.0 | 1.15 | 1.09 | |
| Long Term Debt | 37.6M | 90.9M | 94.0M | 32.0M | 355.3M | 373.1M | |
| Other Liab | 22.6M | 17.3M | 18.5M | 22.8M | 26.2M | 16.3M | |
| Net Tangible Assets | 73.2M | 82.6M | 70.4M | 256.4M | 294.9M | 309.6M | |
| Long Term Debt Total | 77.2M | 37.6M | 100.4M | 102.9M | 92.6M | 82.9M | |
| Capital Surpluse | 296.4M | 300.9M | 306.7M | 315.9M | 363.2M | 291.8M |
Myers Industries Key Income Statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 4.7M | 4.2M | 5.7M | 6.3M | 30.9M | 32.5M | |
| Total Revenue | 510.4M | 761.4M | 899.5M | 813.1M | 836.3M | 594.4M | |
| Gross Profit | 172.0M | 211.4M | 283.4M | 259.1M | 270.8M | 178.9M | |
| Operating Income | 53.6M | 49.3M | 83.9M | 72.4M | 44.5M | 36.5M | |
| Ebit | 32.6M | 28.4M | 83.9M | 72.4M | 83.3M | 87.4M | |
| Ebitda | 53.6M | 49.3M | 105.2M | 95.2M | 44.5M | 63.9M | |
| Cost Of Revenue | 338.4M | 550.0M | 616.2M | 554.0M | 565.5M | 415.5M | |
| Income Before Tax | 48.9M | 45.1M | 78.2M | 66.1M | 13.5M | 12.9M | |
| Net Income | 36.8M | 33.5M | 60.3M | 48.9M | 7.2M | 6.8M | |
| Income Tax Expense | 12.1M | 11.6M | 17.9M | 17.2M | 6.3M | 11.1M | |
| Tax Provision | 12.1M | 11.6M | 17.9M | 14.4M | 6.3M | 10.3M | |
| Interest Income | 808K | 209K | 4.2M | 5.7M | 5.2M | 5.4M | |
| Net Interest Income | (4.7M) | (4.2M) | (5.7M) | (6.6M) | (30.9M) | (29.4M) |
Myers Industries Key Cash Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (47.2M) | (10.6M) | 5.5M | 7.2M | 1.9M | 2.0M | |
| Free Cash Flow | 33.1M | 27.0M | 48.3M | 63.3M | 54.9M | 57.6M | |
| Depreciation | 20.9M | 20.9M | 21.2M | 22.8M | 38.6M | 27.0M | |
| Other Non Cash Items | (10.5M) | (2.8M) | 1.3M | 1.1M | 28.3M | 29.7M | |
| Capital Expenditures | 13.4M | 17.9M | 24.3M | 22.9M | 24.4M | 19.7M | |
| Net Income | 36.8M | 33.5M | 60.3M | 48.9M | 7.2M | 6.8M | |
| End Period Cash Flow | 28.3M | 17.7M | 23.1M | 30.3M | 32.2M | 33.8M | |
| Change To Inventory | (7.9M) | (24.9M) | 8.0M | 2.6M | 6.2M | 6.5M | |
| Dividends Paid | 19.4M | 19.6M | 19.8M | 20.2M | 20.4M | 13.0M | |
| Change Receivables | 12.5M | (11.6M) | (15.3M) | (23.6M) | (21.3M) | (20.2M) | |
| Change To Netincome | 9.6M | 1.8M | 3.2M | 10.4M | 11.9M | 12.5M | |
| Investments | 1.2M | (50.3M) | (50.4M) | (22.8M) | (372.5M) | (353.9M) |
Myers Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Myers Industries's current stock value. Our valuation model uses many indicators to compare Myers Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Myers Industries competition to find correlations between indicators driving Myers Industries's intrinsic value. More Info.Myers Industries is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers reporting about 2.72 of Return On Asset per Return On Equity. At present, Myers Industries' Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Myers Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Myers Industries Systematic Risk
Myers Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Myers Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Myers Industries correlated with the market. If Beta is less than 0 Myers Industries generally moves in the opposite direction as compared to the market. If Myers Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Myers Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Myers Industries is generally in the same direction as the market. If Beta > 1 Myers Industries moves generally in the same direction as, but more than the movement of the benchmark.
Myers Industries Thematic Clasifications
Myers Industries is part of Rubber and Plastic Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Rubber and Plastic Products | View |
Today, most investors in Myers Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myers Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Myers Industries growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Myers Industries March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Myers Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Myers Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Myers Industries based on widely used predictive technical indicators. In general, we focus on analyzing Myers Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Myers Industries's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.04 | |||
| Information Ratio | 0.0447 | |||
| Maximum Drawdown | 30.65 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 3.7 |
Complementary Tools for Myers Stock analysis
When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
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