Myers Historical Income Statement

MYE Stock

USD 11.43 0.04 0.35%

Historical analysis of Myers Industries income statement accounts such as Gross Profit of 175.8 M can show how well Myers Industries performed in making a profits. Evaluating Myers Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Myers Industries's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Myers Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Myers Industries is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

About Myers Income Statement Analysis

Myers Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Myers Industries shareholders. The income statement also shows Myers investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Myers Industries Income Statement Chart

At present, Myers Industries' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 76 M, whereas Gross Profit is forecasted to decline to about 175.8 M.

Depreciation And Amortization Interest Expense Gross Profit Ebit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Myers Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Myers Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.At present, Myers Industries' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 76 M, whereas Gross Profit is forecasted to decline to about 175.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.2M	5.7M	6.3M	7.2M
Depreciation And Amortization	20.9M	21.2M	22.8M	26.0M

Interest Expense Depreciation And Amortization

Myers Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Non Operating Income Net Other
Depreciation And Amortization		0.65	0.6	0.47	0.64	0.03	0.16	0.51	0.63	0.61	-0.04	-0.41	-0.11	0.14	-0.2	0.33	-0.34	0.52	-0.19	-0.31	0.13	-0.35	0.36	-0.11
Interest Expense	0.65		0.33	0.33	0.35	0.1	0.14	0.36	0.33	0.42	0.01	-0.66	-0.11	-0.03	0.07	-0.21	-0.29	0.22	0.12	-0.06	-0.05	-0.27	0.07	0.18
Total Revenue	0.6	0.33		0.96	1.0	0.64	0.75	0.87	0.99	0.94	0.61	-0.33	0.53	0.74	0.58	-0.23	0.43	0.21	0.15	0.42	0.16	0.06	-0.2	0.2
Gross Profit	0.47	0.33	0.96		0.94	0.72	0.82	0.89	0.92	0.95	0.69	-0.35	0.63	0.79	0.69	-0.39	0.53	0.04	0.37	0.55	-0.02	0.24	-0.37	0.31
Other Operating Expenses	0.64	0.35	1.0	0.94		0.58	0.7	0.84	1.0	0.95	0.55	-0.32	0.47	0.69	0.54	-0.2	0.36	0.24	0.12	0.35	0.17	0.03	-0.15	0.17
Operating Income	0.03	0.1	0.64	0.72	0.58		0.86	0.76	0.59	0.52	1.0	-0.32	0.94	0.89	0.68	-0.63	0.85	-0.18	0.45	0.85	0.06	0.24	-0.72	0.53
Ebit	0.16	0.14	0.75	0.82	0.7	0.86		0.93	0.7	0.64	0.85	-0.35	0.8	0.91	0.73	-0.41	0.82	0.02	0.27	0.8	0.17	0.05	-0.39	0.44
Ebitda	0.51	0.36	0.87	0.89	0.84	0.76	0.93		0.84	0.78	0.73	-0.46	0.66	0.85	0.56	-0.24	0.59	0.2	0.17	0.59	0.19	-0.08	-0.21	0.34
Cost Of Revenue	0.63	0.33	0.99	0.92	1.0	0.59	0.7	0.84		0.92	0.56	-0.32	0.47	0.7	0.52	-0.17	0.38	0.27	0.06	0.36	0.23	-0.01	-0.13	0.16
Total Operating Expenses	0.61	0.42	0.94	0.95	0.95	0.52	0.64	0.78	0.92		0.48	-0.3	0.42	0.59	0.56	-0.28	0.27	0.09	0.3	0.29	-0.06	0.2	-0.23	0.22
Income Before Tax	-0.04	0.01	0.61	0.69	0.55	1.0	0.85	0.73	0.56	0.48		-0.27	0.96	0.89	0.68	-0.61	0.88	-0.19	0.45	0.86	0.07	0.26	-0.73	0.51
Total Other Income Expense Net	-0.41	-0.66	-0.33	-0.35	-0.32	-0.32	-0.35	-0.46	-0.32	-0.3	-0.27		-0.27	-0.31	-0.22	0.26	-0.06	-0.44	-0.35	-0.33	-0.14	0.17	0.14	-0.22
Net Income	-0.11	-0.11	0.53	0.63	0.47	0.94	0.8	0.66	0.47	0.42	0.96	-0.27		0.86	0.66	-0.58	0.88	-0.27	0.57	0.86	0.08	0.31	-0.75	0.48
Income Tax Expense	0.14	-0.03	0.74	0.79	0.69	0.89	0.91	0.85	0.7	0.59	0.89	-0.31	0.86		0.64	-0.35	0.83	0.09	0.29	0.76	0.16	0.13	-0.46	0.39
Selling General Administrative	-0.2	0.07	0.58	0.69	0.54	0.68	0.73	0.56	0.52	0.56	0.68	-0.22	0.66	0.64		-0.78	0.74	-0.3	0.51	0.79	-0.02	0.34	-0.57	0.52
Selling And Marketing Expenses	0.33	-0.21	-0.23	-0.39	-0.2	-0.63	-0.41	-0.24	-0.17	-0.28	-0.61	0.26	-0.58	-0.35	-0.78		-0.5	0.5	-0.69	-0.65	0.28	-0.47	0.83	-0.65
Net Income From Continuing Ops	-0.34	-0.29	0.43	0.53	0.36	0.85	0.82	0.59	0.38	0.27	0.88	-0.06	0.88	0.83	0.74	-0.5		-0.28	0.35	0.93	0.14	0.28	-0.6	0.39
Non Recurring	0.52	0.22	0.21	0.04	0.24	-0.18	0.02	0.2	0.27	0.09	-0.19	-0.44	-0.27	0.09	-0.3	0.5	-0.28		-0.55	-0.25	0.37	-0.56	0.53	-0.23
Discontinued Operations	-0.19	0.12	0.15	0.37	0.12	0.45	0.27	0.17	0.06	0.3	0.45	-0.35	0.57	0.29	0.51	-0.69	0.35	-0.55		0.5	-0.45	0.71	-0.79	0.35
Tax Provision	-0.31	-0.06	0.42	0.55	0.35	0.85	0.8	0.59	0.36	0.29	0.86	-0.33	0.86	0.76	0.79	-0.65	0.93	-0.25	0.5		0.07	0.3	-0.69	0.41
Interest Income	0.13	-0.05	0.16	-0.02	0.17	0.06	0.17	0.19	0.23	-0.06	0.07	-0.14	0.08	0.16	-0.02	0.28	0.14	0.37	-0.45	0.07		-0.71	0.43	-0.01
Net Interest Income	-0.35	-0.27	0.06	0.24	0.03	0.24	0.05	-0.08	-0.01	0.2	0.26	0.17	0.31	0.13	0.34	-0.47	0.28	-0.56	0.71	0.3	-0.71		-0.73	0.01
Reconciled Depreciation	0.36	0.07	-0.2	-0.37	-0.15	-0.72	-0.39	-0.21	-0.13	-0.23	-0.73	0.14	-0.75	-0.46	-0.57	0.83	-0.6	0.53	-0.79	-0.69	0.43	-0.73		-0.45
Non Operating Income Net Other	-0.11	0.18	0.2	0.31	0.17	0.53	0.44	0.34	0.16	0.22	0.51	-0.22	0.48	0.39	0.52	-0.65	0.39	-0.23	0.35	0.41	-0.01	0.01	-0.45

Click cells to compare fundamentals

Myers Industries Account Relationship Matchups

Myers Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	24.5M	20.9M	20.9M	21.2M	22.8M	26.0M
Interest Expense	4.1M	4.7M	4.2M	5.7M	6.3M	7.2M
Total Revenue	515.7M	510.4M	761.4M	899.5M	813.1M	586.0M
Gross Profit	171.3M	172.0M	211.4M	283.4M	259.1M	175.8M
Other Operating Expenses	477.5M	456.8M	713.5M	816.3M	740.9M	547.5M
Operating Income	37.3M	53.6M	49.3M	83.9M	72.4M	76.0M
Ebit	37.3M	32.6M	28.4M	83.9M	72.4M	38.3M
Ebitda	61.8M	53.6M	49.3M	105.2M	95.2M	64.3M
Cost Of Revenue	344.4M	338.4M	550.0M	616.2M	554.0M	410.2M
Total Operating Expenses	133.1M	118.4M	163.5M	200.1M	186.9M	137.3M
Income Before Tax	33.2M	48.9M	45.1M	78.2M	66.1M	69.4M
Total Other Income Expense Net	(4.1M)	(4.7M)	(4.2M)	(5.7M)	(6.3M)	(6.7M)
Net Income	24.3M	36.8M	33.5M	60.3M	48.9M	51.3M
Income Tax Expense	9.0M	12.1M	11.6M	17.9M	17.2M	11.2M
Selling General Administrative	76.8M	74.0M	153.1M	186.4M	186.1M	93.9M
Net Income Applicable To Common Shares	24.3M	36.8M	33.5M	60.3M	69.3M	72.8M
Selling And Marketing Expenses	56.4M	56.3M	10.4M	13.1M	800K	760K
Net Income From Continuing Ops	24.2M	36.8M	33.5M	60.3M	49.8M	27.0M
Tax Provision	9.0M	12.1M	11.6M	17.9M	14.4M	10.7M
Interest Income	808K	209K	4.2M	5.7M	5.2M	5.4M
Net Interest Income	(4.1M)	(4.7M)	(4.2M)	(5.7M)	(6.6M)	(7.0M)
Reconciled Depreciation	23.6M	20.9M	20.9M	21.2M	22.5M	18.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:

How To Invest In Myers

Details

Is Myers Stock a good investment?

Details

What is Myers Industries' Net Worth?

Details

Largest Metal, Glass & Plastic Containers Companies

View

Largest Packaging & Containers Companies

View

For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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

(0.04)

Dividend Share

0.54

Earnings Share

0.42

Revenue Per Share

22.234

Quarterly Revenue Growth

0.037

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Myers Historical Income Statement

About Myers Income Statement Analysis

Myers Industries Income Statement Chart

Depreciation And Amortization

Interest Expense

Gross Profit

Myers Industries income statement Correlations

Myers Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Myers Industries income statement Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Operating Income
Cost Of Revenue	+ 0.99	Total Revenue
Gross Profit	+ 0.96	Total Revenue
Net Income	+ 0.96	Income Before Tax

Reconciled Depreciation	- 0.79	Discontinued Operations
Selling And Marketing Expenses	- 0.78	Selling General Administrative
Reconciled Depreciation	- 0.75	Net Income
Reconciled Depreciation	- 0.73	Net Interest Income
Reconciled Depreciation	- 0.73	Income Before Tax
Reconciled Depreciation	- 0.72	Operating Income