Myers Industries (MYE) Financials

$9.55 -0.11 (-1.10%)

Closing price 03:59 PM Eastern

Extended Trading

$9.34 -0.21 (-2.24%)

As of 06:38 PM Eastern

Annual Income Statements for Myers Industries

This table shows Myers Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	60	49	7.20
Consolidated Net Income / (Loss)	60	49	7.20
Net Income / (Loss) Continuing Operations	60	49	7.20
Total Pre-Tax Income	78	66	14
Total Operating Income	84	72	44
Total Gross Profit	283	259	271
Total Revenue	900	813	836
Operating Revenue	900	813	836
Total Cost of Revenue	616	554	565
Operating Cost of Revenue	616	554	565
Total Operating Expenses	199	187	226
Selling, General & Admin Expense	199	187	204
Other Operating Expenses / (Income)	0.60	0.00	0.00
Impairment Charge	0.00	0.00	22
Other Special Charges / (Income)	-0.67	-0.20	0.20
Total Other Income / (Expense), net	-5.73	-6.35	-31
Interest & Investment Income	-5.73	-6.35	-31
Income Tax Expense	18	17	6.34
Basic Earnings per Share	$1.66	$1.33	$0.19
Weighted Average Basic Shares Outstanding	36.56M	36.87M	37.30M
Diluted Earnings per Share	$1.64	$1.32	$0.19
Weighted Average Diluted Shares Outstanding	36.56M	36.87M	37.30M
Weighted Average Basic & Diluted Shares Outstanding	36.56M	36.87M	37.30M
Cash Dividends to Common per Share	$0.54	$0.54	$0.54

This table shows Myers Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	14	13	13	11	13	13	3.50	10	-11	4.30
Consolidated Net Income / (Loss)	14	13	13	11	13	13	3.50	10	-11	4.30
Net Income / (Loss) Continuing Operations	14	13	13	11	13	13	3.50	10	-11	4.30
Total Pre-Tax Income	18	15	17	14	17	17	4.80	15	-13	6.88
Total Operating Income	20	17	19	16	19	19	11	24	-4.76	15
Total Gross Profit	72	65	71	68	62	57	64	76	65	66
Total Revenue	228	213	216	208	198	191	207	220	205	204
Operating Revenue	228	213	216	208	198	191	207	220	205	204
Total Cost of Revenue	156	148	145	140	135	134	143	145	140	138
Operating Cost of Revenue	156	148	145	140	135	134	143	145	140	138
Total Operating Expenses	52	48	52	52	44	39	53	52	70	51
Selling, General & Admin Expense	52	47	52	52	44	39	53	52	48	51
Other Special Charges / (Income)	-0.01	0.03	0.03	-0.08	-0.02	-0.12	-0.07	0.13	0.19	-0.05
Total Other Income / (Expense), net	-1.72	-1.65	-1.65	-1.79	-1.54	-1.37	-6.08	-9.01	-8.09	-7.76
Interest & Investment Income	-1.72	-1.65	-1.65	-1.79	-1.54	-1.37	-6.08	-9.01	-8.09	-7.76
Income Tax Expense	4.51	1.94	4.34	3.75	4.42	4.69	1.30	4.44	-1.98	2.58
Basic Earnings per Share	$0.37	$0.38	$0.35	$0.29	$0.35	$0.34	$0.09	$0.28	($0.29)	$0.11
Weighted Average Basic Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M
Diluted Earnings per Share	$0.37	$0.37	$0.35	$0.29	$0.34	$0.34	$0.09	$0.28	($0.29)	$0.11
Weighted Average Diluted Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M
Weighted Average Basic & Diluted Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M

This table details how cash moves in and out of Myers Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	5.48	7.15	1.93
Net Cash From Operating Activities	73	86	79
Net Cash From Continuing Operating Activities	73	86	79
Net Income / (Loss) Continuing Operations	60	49	7.20
Consolidated Net Income / (Loss)	60	49	7.20
Depreciation Expense	21	23	39
Amortization Expense	0.44	0.31	6.37
Non-Cash Adjustments To Reconcile Net Income	8.29	7.42	24
Changes in Operating Assets and Liabilities, net	-18	6.79	3.54
Net Cash From Investing Activities	-50	-23	-373
Net Cash From Continuing Investing Activities	-50	-23	-373
Purchase of Property, Plant & Equipment	-24	-23	-24
Acquisitions	-28	-0.16	-348
Sale of Property, Plant & Equipment	1.54	0.26	0.24
Net Cash From Financing Activities	-16	-57	295
Net Cash From Continuing Financing Activities	-16	-57	295
Repayment of Debt	-1,262	-776	-552
Payment of Dividends	-20	-20	-20
Issuance of Debt	1,264	740	866
Issuance of Common Equity	2.32	2.34	3.34
Other Financing Activities, net	-0.95	-2.61	-2.64
Effect of Exchange Rate Changes	-0.44	0.25	0.05
Cash Interest Paid	4.57	5.98	32
Cash Income Taxes Paid	13	13	13

This table details how cash moves in and out of Myers Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-2.01	2.72	5.10	2.45	-5.92	5.52	2.44	4.62	-7.64	2.51
Net Cash From Operating Activities	16	22	26	23	22	15	20	14	17	27
Net Cash From Continuing Operating Activities	16	22	26	23	22	15	20	14	17	27
Net Income / (Loss) Continuing Operations	14	13	13	11	13	13	3.50	10	-11	4.30
Consolidated Net Income / (Loss)	14	13	13	11	13	13	3.50	10	-11	4.30
Depreciation Expense	5.16	5.62	5.62	5.68	5.61	5.88	8.50	10	10	9.83
Amortization Expense	0.12	0.08	0.08	0.08	0.08	0.08	3.35	1.89	0.54	0.60
Non-Cash Adjustments To Reconcile Net Income	0.90	3.52	1.10	5.72	0.65	-0.05	0.61	0.16	23	0.02
Changes in Operating Assets and Liabilities, net	-3.39	-0.78	6.01	0.77	3.06	-3.05	4.32	-8.05	-5.32	13
Net Cash From Investing Activities	-6.65	-10	-9.22	-6.02	-4.08	-3.45	-355	-3.83	-7.15	-7.00
Net Cash From Continuing Investing Activities	-6.65	-10	-9.22	-6.02	-4.08	-3.45	-355	-3.83	-7.15	-7.00
Purchase of Property, Plant & Equipment	-6.67	-6.68	-9.09	-6.13	-4.08	-3.56	-5.71	-4.42	-7.18	-7.13
Sale of Property, Plant & Equipment	0.03	0.01	0.03	0.11	-	0.12	0.08	0.01	0.03	0.13
Net Cash From Financing Activities	-12	-8.96	-11	-15	-24	-6.74	337	-5.92	-18	-18
Net Cash From Continuing Financing Activities	-12	-8.96	-11	-15	-23	-7.14	337	-5.92	-18	-18
Repayment of Debt	-6.72	-1,268	-5.20	-9.80	15	-776	-58	-1.00	-13	-479
Payment of Dividends	-4.94	-4.93	-5.27	-5.02	-4.97	-4.97	-5.35	-5.02	-5.03	-5.04
Issuance of Debt	-	-	0.00	-	-34	774	400	-	-	466
Issuance of Common Equity	0.22	0.26	1.13	0.44	0.38	0.39	2.41	0.35	0.30	0.29
Other Financing Activities, net	-0.23	-0.13	-2.13	-0.16	0.24	-0.56	-2.02	-0.25	-0.20	-0.17
Effect of Exchange Rate Changes	-0.16	-0.15	0.00	0.16	-0.22	0.31	-0.18	0.02	0.12	0.09

This table presents Myers Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	543	542	861
Total Current Assets	257	257	259
Cash & Equivalents	23	30	32
Accounts Receivable	134	129	122
Inventories, net	93	91	97
Prepaid Expenses	7.00	6.85	8.06
Plant, Property, & Equipment, net	102	108	138
Total Noncurrent Assets	184	177	464
Goodwill	95	95	256
Intangible Assets	52	45	166
Noncurrent Deferred & Refundable Income Taxes	0.13	0.21	0.21
Other Noncurrent Operating Assets	37	36	42
Total Liabilities & Shareholders' Equity	543	542	861
Total Liabilities	286	249	583
Total Current Liabilities	138	165	147
Short-Term Debt	0.00	26	20
Accounts Payable	74	79	71
Accrued Expenses	26	28	27
Current Deferred & Payable Income Tax Liabilities	2.05	4.25	4.62
Current Employee Benefit Liabilities	25	17	15
Other Taxes Payable	3.17	2.58	2.78
Other Current Liabilities	6.70	6.54	7.22
Other Current Nonoperating Liabilities	1.26	1.11	0.27
Total Noncurrent Liabilities	148	84	436
Long-Term Debt	94	32	355
Noncurrent Deferred & Payable Income Tax Liabilities	7.51	8.66	34
Other Noncurrent Operating Liabilities	47	43	47
Total Equity & Noncontrolling Interests	256	293	278
Total Preferred & Common Equity	256	293	278
Preferred Stock	0.00	0.00	0.00
Total Common Equity	256	293	278
Common Stock	338	345	348
Retained Earnings	-64	-36	-48
Accumulated Other Comprehensive Income / (Loss)	-18	-17	-22

This table presents Myers Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	550	556	543	531	947	952	905
Total Current Assets	268	267	257	247	284	296	275
Cash & Equivalents	20	28	31	25	33	37	30
Accounts Receivable	129	131	117	117	139	139	131
Inventories, net	108	102	98	96	105	106	105
Prepaid Expenses	10	5.78	11	9.05	6.68	13	9.22
Plant, Property, & Equipment, net	98	106	107	107	135	135	135
Total Noncurrent Assets	184	184	179	177	528	521	495
Goodwill	95	95	95	95	310	310	281
Intangible Assets	53	50	48	47	169	165	170
Noncurrent Deferred & Refundable Income Taxes	0.11	0.13	0.13	0.13	0.21	0.21	0.21
Other Noncurrent Operating Assets	35	38	35	35	49	46	44
Total Liabilities & Shareholders' Equity	550	556	543	531	947	952	905
Total Liabilities	305	291	268	249	655	657	629
Total Current Liabilities	153	175	164	164	162	164	153
Short-Term Debt	-	26	26	26	20	20	20
Accounts Payable	97	93	82	81	81	93	79
Accrued Expenses	20	27	31	29	26	26	27
Current Deferred & Payable Income Tax Liabilities	2.29	4.89	0.00	0.32	5.61	0.00	2.58
Current Employee Benefit Liabilities	23	14	16	18	15	15	15
Other Taxes Payable	3.70	2.94	2.33	3.02	2.41	2.65	3.41
Other Current Liabilities	6.67	6.60	6.23	6.19	7.31	6.83	7.04
Other Current Nonoperating Liabilities	0.44	0.66	1.13	0.45	4.88	0.42	0.33
Total Noncurrent Liabilities	151	116	104	85	493	493	476
Long-Term Debt	98	63	53	34	381	380	368
Noncurrent Deferred & Payable Income Tax Liabilities	7.05	8.08	8.95	9.96	63	62	57
Other Noncurrent Operating Liabilities	46	45	42	41	49	51	51
Total Equity & Noncontrolling Interests	245	265	274	282	292	295	276
Total Preferred & Common Equity	245	265	274	282	292	295	276
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	245	265	274	282	292	295	276
Common Stock	336	339	342	343	346	346	347
Retained Earnings	-72	-56	-51	-43	-37	-32	-48
Accumulated Other Comprehensive Income / (Loss)	-18	-18	-17	-18	-18	-20	-24

This table displays calculated financial ratios and metrics derived from Myers Industries' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	18.14%	-9.61%	2.86%
EBITDA Growth	50.45%	-9.56%	-6.34%
EBIT Growth	70.26%	-13.74%	-38.57%
NOPAT Growth	76.40%	-17.19%	-55.85%
Net Income Growth	79.70%	-18.92%	-85.26%
EPS Growth	78.26%	-19.51%	-85.61%
Operating Cash Flow Growth	61.69%	18.66%	-7.98%
Free Cash Flow Firm Growth	392.45%	206.17%	-555.20%
Invested Capital Growth	15.84%	-2.10%	92.94%
Revenue Q/Q Growth	1.50%	-2.61%	1.55%
EBITDA Q/Q Growth	7.69%	1.97%	0.57%
EBIT Q/Q Growth	8.08%	2.23%	-8.19%
NOPAT Q/Q Growth	11.52%	-2.42%	-24.46%
Net Income Q/Q Growth	11.41%	-1.79%	-53.37%
EPS Q/Q Growth	11.56%	-2.22%	-54.76%
Operating Cash Flow Q/Q Growth	-11.58%	-6.98%	17.74%
Free Cash Flow Firm Q/Q Growth	-47.36%	0.86%	3.26%
Invested Capital Q/Q Growth	1.72%	1.17%	-2.09%
Profitability Metrics	-	-	-
Gross Margin	31.50%	31.87%	32.38%
EBITDA Margin	11.74%	11.75%	10.70%
Operating Margin	9.33%	8.91%	5.32%
EBIT Margin	9.33%	8.91%	5.32%
Profit (Net Income) Margin	6.70%	6.01%	0.86%
Tax Burden Percent	77.06%	73.98%	53.17%
Interest Burden Percent	93.17%	91.23%	30.45%
Effective Tax Rate	22.94%	26.02%	46.83%
Return on Invested Capital (ROIC)	21.14%	16.48%	5.02%
ROIC Less NNEP Spread (ROIC-NNEP)	15.10%	7.17%	-3.83%
Return on Net Nonoperating Assets (RNNOA)	4.74%	1.32%	-2.50%
Return on Equity (ROE)	25.88%	17.79%	2.53%
Cash Return on Invested Capital (CROIC)	6.45%	18.60%	-58.43%
Operating Return on Assets (OROA)	16.34%	13.36%	6.34%
Return on Assets (ROA)	11.73%	9.01%	1.03%
Return on Common Equity (ROCE)	25.88%	17.79%	2.53%
Return on Equity Simple (ROE_SIMPLE)	23.50%	16.69%	2.59%
Net Operating Profit after Tax (NOPAT)	65	54	24
NOPAT Margin	7.19%	6.59%	2.83%
Net Nonoperating Expense Percent (NNEP)	6.04%	9.31%	8.85%
Return On Investment Capital (ROIC_SIMPLE)	18.46%	15.27%	3.62%
Cost of Revenue to Revenue	68.50%	68.13%	67.62%
SG&A Expenses to Revenue	22.18%	22.98%	24.41%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.17%	22.96%	27.06%
Earnings before Interest and Taxes (EBIT)	84	72	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	106	96	89
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.96	2.37	1.48
Price to Tangible Book Value (P/TBV)	6.94	4.56	0.00
Price to Revenue (P/Rev)	0.84	0.85	0.49
Price to Earnings (P/E)	12.60	14.20	57.12
Dividend Yield	2.59%	2.87%	4.89%
Earnings Yield	7.93%	7.04%	1.75%
Enterprise Value to Invested Capital (EV/IC)	2.53	2.24	1.22
Enterprise Value to Revenue (EV/Rev)	0.92	0.89	0.90
Enterprise Value to EBITDA (EV/EBITDA)	7.86	7.56	8.43
Enterprise Value to EBIT (EV/EBIT)	9.89	9.97	16.95
Enterprise Value to NOPAT (EV/NOPAT)	12.84	13.48	31.88
Enterprise Value to Operating Cash Flow (EV/OCF)	11.44	8.38	9.51
Enterprise Value to Free Cash Flow (EV/FCFF)	42.05	11.94	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.37	0.20	1.35
Long-Term Debt to Equity	0.37	0.11	1.28
Financial Leverage	0.31	0.18	0.65
Leverage Ratio	2.21	1.97	2.46
Compound Leverage Factor	2.05	1.80	0.75
Debt to Total Capital	26.82%	16.53%	57.47%
Short-Term Debt to Total Capital	0.00%	7.41%	3.01%
Long-Term Debt to Total Capital	26.82%	9.12%	54.46%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.18%	83.47%	42.53%
Debt to EBITDA	0.89	0.61	4.19
Net Debt to EBITDA	0.67	0.29	3.83
Long-Term Debt to EBITDA	0.89	0.33	3.97
Debt to NOPAT	1.45	1.08	15.85
Net Debt to NOPAT	1.09	0.52	14.49
Long-Term Debt to NOPAT	1.45	0.60	15.02
Altman Z-Score	3.86	3.73	1.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	1.87	1.55	1.76
Quick Ratio	1.14	0.96	1.05
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	20	60	-275
Operating Cash Flow to CapEx	319.14%	381.34%	327.75%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.75	1.50	1.19
Accounts Receivable Turnover	7.68	6.20	6.67
Inventory Turnover	6.59	6.02	6.02
Fixed Asset Turnover	9.29	7.76	6.81
Accounts Payable Turnover	7.94	7.26	7.53
Days Sales Outstanding (DSO)	47.56	58.89	54.70
Days Inventory Outstanding (DIO)	55.36	60.68	60.62
Days Payable Outstanding (DPO)	45.97	50.27	48.44
Cash Conversion Cycle (CCC)	56.94	69.30	66.88
Capital & Investment Metrics	-	-	-
Invested Capital	329	322	621
Invested Capital Turnover	2.94	2.50	1.78
Increase / (Decrease) in Invested Capital	45	-6.91	299
Enterprise Value (EV)	830	722	754
Market Capitalization	760	694	411
Book Value per Share	$7.03	$7.95	$7.45
Tangible Book Value per Share	$3.00	$4.13	($3.87)
Total Capital	350	351	652
Total Debt	94	58	375
Total Long-Term Debt	94	32	355
Net Debt	71	28	343
Capital Expenditures (CapEx)	23	23	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	96	87	100
Debt-free Net Working Capital (DFNWC)	119	118	132
Net Working Capital (NWC)	119	92	112
Net Nonoperating Expense (NNE)	4.42	4.70	16
Net Nonoperating Obligations (NNO)	72	29	343
Total Depreciation and Amortization (D&A)	22	23	45
Debt-free, Cash-free Net Working Capital to Revenue	10.71%	10.73%	11.91%
Debt-free Net Working Capital to Revenue	13.28%	14.45%	15.77%
Net Working Capital to Revenue	13.28%	11.26%	13.42%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$1.66	$1.33	$0.19
Adjusted Weighted Average Basic Shares Outstanding	36.56M	36.87M	37.30M
Adjusted Diluted Earnings per Share	$1.64	$1.32	$0.19
Adjusted Weighted Average Diluted Shares Outstanding	36.56M	36.87M	37.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	36.56M	36.87M	37.30M
Normalized Net Operating Profit after Tax (NOPAT)	64	53	35
Normalized NOPAT Margin	7.13%	6.57%	4.24%
Pre Tax Income Margin	8.69%	8.12%	1.62%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	32.85%	41.42%	283.74%
Augmented Payout Ratio	32.85%	41.42%	283.74%

This table displays calculated financial ratios and metrics derived from Myers Industries' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.00%	6.64%	-4.32%	-10.60%	-13.27%	-10.23%	-4.00%	5.65%	3.68%	6.70%
EBITDA Growth	50.80%	46.17%	-17.07%	-21.74%	-3.13%	8.14%	-7.83%	62.95%	-75.50%	2.06%
EBIT Growth	68.38%	58.34%	-22.32%	-28.63%	-6.00%	9.29%	-42.61%	47.00%	-125.47%	-21.32%
NOPAT Growth	72.42%	82.92%	-21.89%	-28.69%	-7.18%	-8.97%	-44.13%	38.90%	-124.01%	-32.44%
Net Income Growth	72.98%	85.09%	-25.15%	-33.01%	-6.76%	-6.62%	-73.00%	-3.07%	-185.34%	-65.73%
EPS Growth	68.18%	85.00%	-25.53%	-32.56%	-8.11%	-8.11%	-74.29%	-3.45%	-185.29%	-67.65%
Operating Cash Flow Growth	312.20%	-30.31%	253.62%	-15.38%	34.47%	-29.56%	-21.39%	-37.22%	-21.72%	77.58%
Free Cash Flow Firm Growth	95.05%	14.82%	60.48%	113.99%	443.51%	168.01%	-2,487.01%	-4,165.79%	-1,784.17%	-1,517.34%
Invested Capital Growth	6.77%	15.84%	9.01%	1.29%	-1.57%	-2.10%	103.54%	103.09%	99.36%	92.94%
Revenue Q/Q Growth	-2.18%	-6.68%	1.36%	-3.38%	-5.11%	-3.40%	8.39%	6.34%	-6.89%	-0.58%
EBITDA Q/Q Growth	-10.01%	-9.77%	8.53%	-11.18%	11.39%	0.71%	-7.50%	57.03%	-83.25%	319.56%
EBIT Q/Q Growth	-12.03%	-14.45%	11.37%	-14.85%	15.87%	-0.53%	-41.52%	118.11%	-120.08%	407.24%
NOPAT Q/Q Growth	-10.54%	-0.61%	-4.46%	-16.06%	16.45%	-2.53%	-41.36%	108.67%	-120.13%	374.29%
Net Income Q/Q Growth	-13.64%	-1.78%	-3.37%	-18.27%	20.20%	-1.63%	-72.06%	193.43%	-205.83%	139.50%
EPS Q/Q Growth	-13.95%	0.00%	-5.41%	-17.14%	17.24%	0.00%	-73.53%	211.11%	-203.57%	137.93%
Operating Cash Flow Q/Q Growth	-39.05%	32.82%	17.95%	-11.38%	-3.14%	-30.42%	31.62%	-29.22%	20.77%	57.83%
Free Cash Flow Firm Q/Q Growth	90.11%	-444.84%	57.56%	161.17%	142.86%	7.87%	-1,714.44%	3.87%	-0.60%	9.22%
Invested Capital Q/Q Growth	1.01%	1.72%	-0.63%	-0.80%	-1.84%	1.17%	106.60%	-1.02%	-3.64%	-2.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.42%	30.57%	32.94%	32.82%	31.54%	29.95%	31.03%	34.29%	31.76%	32.32%
EBITDA Margin	11.04%	10.67%	11.43%	10.50%	12.33%	12.86%	10.97%	16.20%	2.91%	12.30%
Operating Margin	8.72%	8.00%	8.79%	7.74%	9.46%	9.74%	5.25%	10.77%	-2.32%	7.18%
EBIT Margin	8.72%	8.00%	8.79%	7.74%	9.46%	9.74%	5.25%	10.77%	-2.32%	7.18%
Profit (Net Income) Margin	5.99%	6.31%	6.01%	5.09%	6.44%	6.56%	1.69%	4.67%	-5.30%	2.11%
Tax Burden Percent	75.21%	87.38%	74.96%	73.89%	74.27%	72.78%	72.98%	69.82%	84.62%	62.49%
Interest Burden Percent	91.36%	90.28%	91.32%	88.91%	91.77%	92.61%	44.12%	62.04%	269.84%	46.98%
Effective Tax Rate	24.79%	12.62%	25.04%	26.11%	25.73%	27.22%	27.02%	30.18%	0.00%	37.51%
Return on Invested Capital (ROIC)	18.60%	20.54%	18.73%	15.38%	18.30%	17.72%	6.22%	12.51%	-2.81%	7.97%
ROIC Less NNEP Spread (ROIC-NNEP)	17.12%	18.56%	16.92%	13.38%	16.28%	15.74%	4.18%	9.46%	-6.65%	5.36%
Return on Net Nonoperating Assets (RNNOA)	6.65%	5.83%	4.72%	3.45%	3.51%	2.89%	3.26%	6.86%	-4.69%	3.49%
Return on Equity (ROE)	25.24%	26.37%	23.45%	18.83%	21.81%	20.61%	9.48%	19.37%	-7.51%	11.46%
Cash Return on Invested Capital (CROIC)	12.00%	6.45%	10.79%	16.11%	18.71%	18.60%	-58.67%	-57.41%	-59.80%	-58.43%
Operating Return on Assets (OROA)	14.81%	14.01%	14.57%	12.22%	14.61%	14.60%	5.62%	11.77%	-2.66%	8.56%
Return on Assets (ROA)	10.17%	11.05%	9.97%	8.03%	9.96%	9.84%	1.81%	5.10%	-6.08%	2.51%
Return on Common Equity (ROCE)	25.24%	26.37%	23.45%	18.83%	21.81%	20.61%	9.48%	19.37%	-7.51%	11.46%
Return on Equity Simple (ROE_SIMPLE)	22.08%	0.00%	21.08%	18.47%	17.63%	0.00%	13.51%	13.26%	5.60%	0.00%
Net Operating Profit after Tax (NOPAT)	15	15	14	12	14	14	7.94	17	-3.33	9.15
NOPAT Margin	6.56%	6.99%	6.59%	5.72%	7.02%	7.09%	3.83%	7.52%	-1.63%	4.49%
Net Nonoperating Expense Percent (NNEP)	1.48%	1.98%	1.81%	2.01%	2.01%	1.98%	2.04%	3.05%	3.83%	2.61%
Return On Investment Capital (ROIC_SIMPLE)	-	4.24%	-	-	-	3.86%	-	-	-	1.40%
Cost of Revenue to Revenue	68.58%	69.43%	67.06%	67.18%	68.46%	70.05%	68.97%	65.71%	68.24%	67.68%
SG&A Expenses to Revenue	22.69%	22.28%	24.14%	25.11%	22.09%	20.28%	25.81%	23.46%	23.25%	25.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.69%	22.58%	24.15%	25.07%	22.08%	20.22%	25.78%	23.52%	34.08%	25.14%
Earnings before Interest and Taxes (EBIT)	20	17	19	16	19	19	11	24	-4.76	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	23	25	22	24	25	23	36	5.98	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.33	2.96	2.84	2.52	2.26	2.37	2.90	1.69	1.87	1.48
Price to Tangible Book Value (P/TBV)	5.93	6.94	6.29	5.30	4.55	4.56	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.64	0.84	0.85	0.80	0.76	0.85	1.05	0.61	0.62	0.49
Price to Earnings (P/E)	10.56	12.60	13.50	13.66	12.83	14.20	21.49	12.73	33.31	57.12
Dividend Yield	3.45%	2.59%	2.62%	2.87%	3.11%	2.87%	2.35%	4.04%	3.91%	4.89%
Earnings Yield	9.47%	7.93%	7.41%	7.32%	7.79%	7.04%	4.65%	7.85%	3.00%	1.75%
Enterprise Value to Invested Capital (EV/IC)	2.01	2.53	2.50	2.29	2.12	2.24	1.83	1.31	1.38	1.22
Enterprise Value to Revenue (EV/Rev)	0.73	0.92	0.92	0.86	0.81	0.89	1.51	1.05	1.06	0.90
Enterprise Value to EBITDA (EV/EBITDA)	6.62	7.86	8.11	7.84	7.19	7.56	12.98	8.01	9.81	8.43
Enterprise Value to EBIT (EV/EBIT)	8.35	9.89	10.38	10.28	9.51	9.97	18.88	11.96	18.00	16.95
Enterprise Value to NOPAT (EV/NOPAT)	11.18	12.84	13.42	13.23	12.27	13.48	25.66	16.51	27.86	31.88
Enterprise Value to Operating Cash Flow (EV/OCF)	7.90	11.44	8.94	8.51	7.27	8.38	15.06	11.92	12.95	9.51
Enterprise Value to Free Cash Flow (EV/FCFF)	17.29	42.05	24.14	14.28	11.23	11.94	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.40	0.37	0.33	0.29	0.21	0.20	1.37	1.36	1.41	1.35
Long-Term Debt to Equity	0.40	0.37	0.24	0.19	0.12	0.11	1.31	1.29	1.33	1.28
Financial Leverage	0.39	0.31	0.28	0.26	0.22	0.18	0.78	0.73	0.71	0.65
Leverage Ratio	2.32	2.21	2.19	2.14	2.05	1.97	2.70	2.63	2.57	2.46
Compound Leverage Factor	2.12	1.99	2.00	1.91	1.88	1.83	1.19	1.63	6.95	1.16
Debt to Total Capital	28.57%	26.82%	25.07%	22.35%	17.53%	16.53%	57.87%	57.59%	58.43%	57.47%
Short-Term Debt to Total Capital	0.00%	0.00%	7.34%	7.35%	7.60%	7.41%	2.83%	2.82%	2.96%	3.01%
Long-Term Debt to Total Capital	28.57%	26.82%	17.73%	14.99%	9.93%	9.12%	55.04%	54.77%	55.47%	54.46%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	71.43%	73.18%	74.93%	77.65%	82.47%	83.47%	42.13%	42.41%	41.57%	42.53%
Debt to EBITDA	1.00	0.89	0.88	0.84	0.64	0.61	4.28	3.73	4.36	4.19
Net Debt to EBITDA	0.79	0.67	0.60	0.51	0.38	0.29	3.93	3.38	4.02	3.83
Long-Term Debt to EBITDA	1.00	0.89	0.62	0.56	0.36	0.33	4.07	3.54	4.14	3.97
Debt to NOPAT	1.69	1.45	1.46	1.41	1.09	1.08	8.47	7.68	12.38	15.85
Net Debt to NOPAT	1.34	1.09	1.00	0.86	0.64	0.52	7.77	6.96	11.43	14.49
Long-Term Debt to NOPAT	1.69	1.45	1.03	0.95	0.62	0.60	8.05	7.30	11.75	15.02
Altman Z-Score	2.92	3.45	3.32	3.31	3.30	3.40	1.76	1.51	1.47	1.53
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.75	1.87	1.52	1.56	1.51	1.55	1.75	1.81	1.80	1.76
Quick Ratio	0.97	1.14	0.91	0.90	0.87	0.96	1.06	1.08	1.05	1.05
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-5.52	-30	-13	7.80	19	20	-330	-317	-319	-290
Operating Cash Flow to CapEx	247.67%	328.01%	284.68%	379.85%	543.03%	446.77%	359.91%	325.48%	242.34%	390.52%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.70	1.75	1.66	1.58	1.54	1.50	1.07	1.09	1.15	1.19
Accounts Receivable Turnover	7.24	7.68	6.76	6.95	6.78	6.20	5.96	6.39	6.63	6.67
Inventory Turnover	6.21	6.59	6.02	5.69	5.56	6.02	5.33	5.46	5.58	6.02
Fixed Asset Turnover	9.41	9.29	8.99	8.58	8.15	7.76	6.68	6.75	6.82	6.81
Accounts Payable Turnover	7.01	7.94	6.24	6.33	6.38	7.26	6.31	6.37	7.02	7.53
Days Sales Outstanding (DSO)	50.45	47.56	54.00	52.48	53.82	58.89	61.22	57.15	55.09	54.70
Days Inventory Outstanding (DIO)	58.80	55.36	60.64	64.19	65.68	60.68	68.48	66.87	65.46	60.62
Days Payable Outstanding (DPO)	52.03	45.97	58.53	57.66	57.17	50.27	57.83	57.31	52.03	48.44
Cash Conversion Cycle (CCC)	57.22	56.94	56.12	59.01	62.34	69.30	71.87	66.72	68.52	66.88
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	323	329	326	324	318	322	664	658	634	621
Invested Capital Turnover	2.83	2.94	2.84	2.69	2.61	2.50	1.62	1.66	1.73	1.78
Increase / (Decrease) in Invested Capital	20	45	27	4.12	-5.06	-6.91	338	334	316	299
Enterprise Value (EV)	649	830	815	740	674	722	1,214	860	872	754
Market Capitalization	571	760	754	692	638	694	846	498	514	411
Book Value per Share	$6.72	$7.03	$7.25	$7.47	$7.67	$7.95	$7.91	$7.92	$7.41	$7.45
Tangible Book Value per Share	$2.64	$3.00	$3.28	$3.55	$3.81	$4.13	($5.08)	($4.84)	($4.71)	($3.87)
Total Capital	343	350	354	353	342	351	692	695	663	652
Total Debt	98	94	89	79	60	58	401	400	387	375
Total Long-Term Debt	98	94	63	53	34	32	381	380	368	355
Net Debt	78	71	61	48	35	28	368	363	358	343
Capital Expenditures (CapEx)	6.65	6.67	9.06	6.02	4.08	3.45	5.63	4.41	7.15	7.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	94	96	89	88	85	87	108	114	112	100
Debt-free Net Working Capital (DFNWC)	115	119	118	118	110	118	141	151	142	132
Net Working Capital (NWC)	115	119	92	92	84	92	121	132	122	112
Net Nonoperating Expense (NNE)	1.29	1.45	1.23	1.32	1.14	1.00	4.44	6.29	7.54	4.85
Net Nonoperating Obligations (NNO)	78	72	61	49	36	29	373	363	358	343
Total Depreciation and Amortization (D&A)	5.28	5.69	5.70	5.76	5.69	5.96	12	12	11	10
Debt-free, Cash-free Net Working Capital to Revenue	10.62%	10.71%	10.04%	10.13%	10.15%	10.73%	13.47%	13.98%	13.58%	11.91%
Debt-free Net Working Capital to Revenue	12.93%	13.28%	13.21%	13.68%	13.12%	14.45%	17.54%	18.56%	17.19%	15.77%
Net Working Capital to Revenue	12.93%	13.28%	10.29%	10.67%	10.01%	11.26%	15.10%	16.16%	14.80%	13.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	$0.38	$0.35	$0.29	$0.35	$0.34	$0.09	$0.28	($0.29)	$0.11
Adjusted Weighted Average Basic Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M
Adjusted Diluted Earnings per Share	$0.37	$0.37	$0.35	$0.29	$0.34	$0.34	$0.09	$0.28	($0.29)	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	36.50M	36.56M	36.74M	36.81M	36.84M	36.87M	37.18M	37.22M	37.26M	37.30M
Normalized Net Operating Profit after Tax (NOPAT)	15	15	14	12	14	13	7.89	17	12	9.11
Normalized NOPAT Margin	6.56%	7.00%	6.60%	5.69%	7.01%	7.04%	3.81%	7.56%	5.95%	4.47%
Pre Tax Income Margin	7.97%	7.22%	8.02%	6.89%	8.68%	9.02%	2.32%	6.68%	-6.27%	3.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.54%	32.85%	36.01%	39.78%	40.58%	41.42%	51.56%	51.99%	131.88%	283.74%
Augmented Payout Ratio	36.54%	32.85%	36.01%	39.78%	40.58%	41.42%	51.56%	51.99%	131.88%	283.74%

Frequently Asked Questions About Myers Industries' Financials

When does Myers Industries's financial year end?

According to the most recent income statement we have on file, Myers Industries' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Myers Industries' net income changed over the last 2 years?

Myers Industries' net income appears to be on a downward trend, with a most recent value of $7.20 million in 2024, falling from $60.27 million in 2022. The previous period was $48.87 million in 2023.

What is Myers Industries's operating income?

Myers Industries's total operating income in 2024 was $44.48 million, based on the following breakdown:

Total Gross Profit: $270.81 million
Total Operating Expenses: $226.33 million

How has Myers Industries revenue changed over the last 2 years?

Over the last 2 years, Myers Industries' total revenue changed from $899.55 million in 2022 to $836.28 million in 2024, a change of -7.0%.

How much debt does Myers Industries have?

Myers Industries' total liabilities were at $583.30 million at the end of 2024, a 134.4% increase from 2023, and a 103.8% increase since 2022.

How much cash does Myers Industries have?

In the past 2 years, Myers Industries' cash and equivalents has ranged from $23.14 million in 2022 to $32.22 million in 2024, and is currently $32.22 million as of their latest financial filing in 2024.

How has Myers Industries' book value per share changed over the last 2 years?

Over the last 2 years, Myers Industries' book value per share changed from 7.03 in 2022 to 7.45 in 2024, a change of 6.0%.

Remove Ads

Related Companies

This page (NYSE:MYE) was last updated on 4/15/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Myers Industries (MYE) Financials

Frequently Asked Questions About Myers Industries' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Myers Industries (MYE) Financials

Annual Income Statements for Myers Industries

Quarterly Income Statements for Myers Industries

Annual Cash Flow Statements for Myers Industries

Quarterly Cash Flow Statements for Myers Industries

Annual Balance Sheets for Myers Industries

Quarterly Balance Sheets for Myers Industries

Annual Metrics and Ratios for Myers Industries

Quarterly Metrics and Ratios for Myers Industries

Frequently Asked Questions About Myers Industries' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools