Myers Industries (MYE) Financials

$12.13 -0.29 (-2.36%)

As of 03:51 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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	7.20	49	60
Consolidated Net Income / (Loss)	7.20	49	60
Net Income / (Loss) Continuing Operations	7.20	49	60
Total Pre-Tax Income	14	66	78
Total Operating Income	44	72	84
Total Gross Profit	271	259	283
Total Revenue	836	813	900
Operating Revenue	836	813	900
Total Cost of Revenue	565	554	616
Operating Cost of Revenue	565	554	616
Total Operating Expenses	226	187	199
Selling, General & Admin Expense	204	187	199
Other Operating Expenses / (Income)	0.00	0.00	0.60
Impairment Charge	22	0.00	0.00
Other Special Charges / (Income)	0.20	-0.20	-0.67
Total Other Income / (Expense), net	-31	-6.35	-5.73
Interest & Investment Income	-31	-6.35	-5.73
Income Tax Expense	6.34	17	18
Basic Earnings per Share	$0.19	$1.33	$1.66
Weighted Average Basic Shares Outstanding	37.30M	36.87M	36.56M
Diluted Earnings per Share	$0.19	$1.32	$1.64
Weighted Average Diluted Shares Outstanding	37.30M	36.87M	36.56M
Weighted Average Basic & Diluted Shares Outstanding	37.30M	36.87M	36.56M
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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	4.30	-11	10	3.50	13	13	11	13	13	14
Consolidated Net Income / (Loss)	4.30	-11	10	3.50	13	13	11	13	13	14
Net Income / (Loss) Continuing Operations	4.30	-11	10	3.50	13	13	11	13	13	14
Total Pre-Tax Income	6.88	-13	15	4.80	17	17	14	17	15	18
Total Operating Income	15	-4.76	24	11	19	19	16	19	17	20
Total Gross Profit	66	65	76	64	57	62	68	71	65	72
Total Revenue	204	205	220	207	191	198	208	216	213	228
Operating Revenue	204	205	220	207	191	198	208	216	213	228
Total Cost of Revenue	138	140	145	143	134	135	140	145	148	156
Operating Cost of Revenue	138	140	145	143	134	135	140	145	148	156
Total Operating Expenses	51	70	52	53	39	44	52	52	48	52
Selling, General & Admin Expense	51	48	52	53	39	44	52	52	47	52
Other Special Charges / (Income)	-0.05	0.19	0.13	-0.07	-0.12	-0.02	-0.08	0.03	0.03	-0.01
Total Other Income / (Expense), net	-7.76	-8.09	-9.01	-6.08	-1.37	-1.54	-1.79	-1.65	-1.65	-1.72
Interest & Investment Income	-7.76	-8.09	-9.01	-6.08	-1.37	-1.54	-1.79	-1.65	-1.65	-1.72
Income Tax Expense	2.58	-1.98	4.44	1.30	4.69	4.42	3.75	4.34	1.94	4.51
Basic Earnings per Share	$0.11	($0.29)	$0.28	$0.09	$0.34	$0.35	$0.29	$0.35	$0.38	$0.37
Weighted Average Basic Shares Outstanding	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M
Diluted Earnings per Share	$0.11	($0.29)	$0.28	$0.09	$0.34	$0.34	$0.29	$0.35	$0.37	$0.37
Weighted Average Diluted Shares Outstanding	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M
Weighted Average Basic & Diluted Shares Outstanding	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	1.93	7.15	5.48
Net Cash From Operating Activities	79	86	73
Net Cash From Continuing Operating Activities	79	86	73
Net Income / (Loss) Continuing Operations	7.20	49	60
Consolidated Net Income / (Loss)	7.20	49	60
Depreciation Expense	39	23	21
Amortization Expense	6.37	0.31	0.44
Non-Cash Adjustments To Reconcile Net Income	24	7.42	8.29
Changes in Operating Assets and Liabilities, net	3.54	6.79	-18
Net Cash From Investing Activities	-373	-23	-50
Net Cash From Continuing Investing Activities	-373	-23	-50
Purchase of Property, Plant & Equipment	-24	-23	-24
Acquisitions	-348	-0.16	-28
Sale of Property, Plant & Equipment	0.24	0.26	1.54
Net Cash From Financing Activities	295	-57	-16
Net Cash From Continuing Financing Activities	295	-57	-16
Repayment of Debt	-552	-776	-1,262
Payment of Dividends	-20	-20	-20
Issuance of Debt	866	740	1,264
Issuance of Common Equity	3.34	2.34	2.32
Other Financing Activities, net	-2.64	-2.61	-0.95
Effect of Exchange Rate Changes	0.05	0.25	-0.44
Cash Interest Paid	32	5.98	4.57
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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	2.51	-7.64	4.62	2.44	5.52	-5.92	2.45	5.10	2.72	-2.01
Net Cash From Operating Activities	27	17	14	20	15	22	23	26	22	16
Net Cash From Continuing Operating Activities	27	17	14	20	15	22	23	26	22	16
Net Income / (Loss) Continuing Operations	4.30	-11	10	3.50	13	13	11	13	13	14
Consolidated Net Income / (Loss)	4.30	-11	10	3.50	13	13	11	13	13	14
Depreciation Expense	9.83	10	10	8.50	5.88	5.61	5.68	5.62	5.62	5.16
Amortization Expense	0.60	0.54	1.89	3.35	0.08	0.08	0.08	0.08	0.08	0.12
Non-Cash Adjustments To Reconcile Net Income	0.02	23	0.16	0.61	-0.05	0.65	5.72	1.10	3.52	0.90
Changes in Operating Assets and Liabilities, net	13	-5.32	-8.05	4.32	-3.05	3.06	0.77	6.01	-0.78	-3.39
Net Cash From Investing Activities	-7.00	-7.15	-3.83	-355	-3.45	-4.08	-6.02	-9.22	-10	-6.65
Net Cash From Continuing Investing Activities	-7.00	-7.15	-3.83	-355	-3.45	-4.08	-6.02	-9.22	-10	-6.65
Purchase of Property, Plant & Equipment	-7.13	-7.18	-4.42	-5.71	-3.56	-4.08	-6.13	-9.09	-6.68	-6.67
Sale of Property, Plant & Equipment	0.13	0.03	0.01	0.08	0.12	-	0.11	0.03	0.01	0.03
Net Cash From Financing Activities	-18	-18	-5.92	337	-6.74	-24	-15	-11	-8.96	-12
Net Cash From Continuing Financing Activities	-18	-18	-5.92	337	-7.14	-23	-15	-11	-8.96	-12
Repayment of Debt	-479	-13	-1.00	-58	-776	15	-9.80	-5.20	-1,268	-6.72
Payment of Dividends	-5.04	-5.03	-5.02	-5.35	-4.97	-4.97	-5.02	-5.27	-4.93	-4.94
Issuance of Debt	466	-	-	400	774	-34	-	0.00	-	-
Issuance of Common Equity	0.29	0.30	0.35	2.41	0.39	0.38	0.44	1.13	0.26	0.22
Other Financing Activities, net	-0.17	-0.20	-0.25	-2.02	-0.56	0.24	-0.16	-2.13	-0.13	-0.23
Effect of Exchange Rate Changes	0.09	0.12	0.02	-0.18	0.31	-0.22	0.16	0.00	-0.15	-0.16

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	861	542	543
Total Current Assets	259	257	257
Cash & Equivalents	32	30	23
Accounts Receivable	122	129	134
Inventories, net	97	91	93
Prepaid Expenses	8.06	6.85	7.00
Plant, Property, & Equipment, net	138	108	102
Total Noncurrent Assets	464	177	184
Goodwill	256	95	95
Intangible Assets	166	45	52
Noncurrent Deferred & Refundable Income Taxes	0.21	0.21	0.13
Other Noncurrent Operating Assets	42	36	37
Total Liabilities & Shareholders' Equity	861	542	543
Total Liabilities	583	249	286
Total Current Liabilities	147	165	138
Short-Term Debt	20	26	0.00
Accounts Payable	71	79	74
Accrued Expenses	27	28	26
Current Deferred & Payable Income Tax Liabilities	4.62	4.25	2.05
Current Employee Benefit Liabilities	15	17	25
Other Taxes Payable	2.78	2.58	3.17
Other Current Liabilities	7.22	6.54	6.70
Other Current Nonoperating Liabilities	0.27	1.11	1.26
Total Noncurrent Liabilities	436	84	148
Long-Term Debt	355	32	94
Noncurrent Deferred & Payable Income Tax Liabilities	34	8.66	7.51
Other Noncurrent Operating Liabilities	47	43	47
Total Equity & Noncontrolling Interests	278	293	256
Total Preferred & Common Equity	278	293	256
Preferred Stock	0.00	0.00	0.00
Total Common Equity	278	293	256
Common Stock	348	345	338
Retained Earnings	-48	-36	-64
Accumulated Other Comprehensive Income / (Loss)	-22	-17	-18

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	905	952	947	531	543	556	550
Total Current Assets	275	296	284	247	257	267	268
Cash & Equivalents	30	37	33	25	31	28	20
Accounts Receivable	131	139	139	117	117	131	129
Inventories, net	105	106	105	96	98	102	108
Prepaid Expenses	9.22	13	6.68	9.05	11	5.78	10
Plant, Property, & Equipment, net	135	135	135	107	107	106	98
Total Noncurrent Assets	495	521	528	177	179	184	184
Goodwill	281	310	310	95	95	95	95
Intangible Assets	170	165	169	47	48	50	53
Noncurrent Deferred & Refundable Income Taxes	0.21	0.21	0.21	0.13	0.13	0.13	0.11
Other Noncurrent Operating Assets	44	46	49	35	35	38	35
Total Liabilities & Shareholders' Equity	905	952	947	531	543	556	550
Total Liabilities	629	657	655	249	268	291	305
Total Current Liabilities	153	164	162	164	164	175	153
Short-Term Debt	20	20	20	26	26	26	-
Accounts Payable	79	93	81	81	82	93	97
Accrued Expenses	27	26	26	29	31	27	20
Current Deferred & Payable Income Tax Liabilities	2.58	0.00	5.61	0.32	0.00	4.89	2.29
Current Employee Benefit Liabilities	15	15	15	18	16	14	23
Other Taxes Payable	3.41	2.65	2.41	3.02	2.33	2.94	3.70
Other Current Liabilities	7.04	6.83	7.31	6.19	6.23	6.60	6.67
Other Current Nonoperating Liabilities	0.33	0.42	4.88	0.45	1.13	0.66	0.44
Total Noncurrent Liabilities	476	493	493	85	104	116	151
Long-Term Debt	368	380	381	34	53	63	98
Noncurrent Deferred & Payable Income Tax Liabilities	57	62	63	9.96	8.95	8.08	7.05
Other Noncurrent Operating Liabilities	51	51	49	41	42	45	46
Total Equity & Noncontrolling Interests	276	295	292	282	274	265	245
Total Preferred & Common Equity	276	295	292	282	274	265	245
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	276	295	292	282	274	265	245
Common Stock	347	346	346	343	342	339	336
Retained Earnings	-48	-32	-37	-43	-51	-56	-72
Accumulated Other Comprehensive Income / (Loss)	-24	-20	-18	-18	-17	-18	-18

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	2.86%	-9.61%	18.14%
EBITDA Growth	-6.34%	-9.56%	50.45%
EBIT Growth	-38.57%	-13.74%	70.26%
NOPAT Growth	-55.85%	-17.19%	76.40%
Net Income Growth	-85.26%	-18.92%	79.70%
EPS Growth	-85.61%	-19.51%	78.26%
Operating Cash Flow Growth	-7.98%	18.66%	61.69%
Free Cash Flow Firm Growth	-555.20%	206.17%	392.45%
Invested Capital Growth	92.94%	-2.10%	15.84%
Revenue Q/Q Growth	1.55%	-2.61%	1.50%
EBITDA Q/Q Growth	0.57%	1.97%	7.69%
EBIT Q/Q Growth	-8.19%	2.23%	8.08%
NOPAT Q/Q Growth	-24.46%	-2.42%	11.52%
Net Income Q/Q Growth	-53.37%	-1.79%	11.41%
EPS Q/Q Growth	-54.76%	-2.22%	11.56%
Operating Cash Flow Q/Q Growth	17.74%	-6.98%	-11.58%
Free Cash Flow Firm Q/Q Growth	3.26%	0.86%	-47.36%
Invested Capital Q/Q Growth	-2.09%	1.17%	1.72%
Profitability Metrics	-	-	-
Gross Margin	32.38%	31.87%	31.50%
EBITDA Margin	10.70%	11.75%	11.74%
Operating Margin	5.32%	8.91%	9.33%
EBIT Margin	5.32%	8.91%	9.33%
Profit (Net Income) Margin	0.86%	6.01%	6.70%
Tax Burden Percent	53.17%	73.98%	77.06%
Interest Burden Percent	30.45%	91.23%	93.17%
Effective Tax Rate	46.83%	26.02%	22.94%
Return on Invested Capital (ROIC)	5.02%	16.48%	21.14%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.83%	7.17%	15.10%
Return on Net Nonoperating Assets (RNNOA)	-2.50%	1.32%	4.74%
Return on Equity (ROE)	2.53%	17.79%	25.88%
Cash Return on Invested Capital (CROIC)	-58.43%	18.60%	6.45%
Operating Return on Assets (OROA)	6.34%	13.36%	16.34%
Return on Assets (ROA)	1.03%	9.01%	11.73%
Return on Common Equity (ROCE)	2.53%	17.79%	25.88%
Return on Equity Simple (ROE_SIMPLE)	2.59%	16.69%	23.50%
Net Operating Profit after Tax (NOPAT)	24	54	65
NOPAT Margin	2.83%	6.59%	7.19%
Net Nonoperating Expense Percent (NNEP)	8.85%	9.31%	6.04%
Return On Investment Capital (ROIC_SIMPLE)	3.62%	15.27%	18.46%
Cost of Revenue to Revenue	67.62%	68.13%	68.50%
SG&A Expenses to Revenue	24.41%	22.98%	22.18%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.06%	22.96%	22.17%
Earnings before Interest and Taxes (EBIT)	44	72	84
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	89	96	106
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.48	2.37	2.96
Price to Tangible Book Value (P/TBV)	0.00	4.56	6.94
Price to Revenue (P/Rev)	0.49	0.85	0.84
Price to Earnings (P/E)	57.12	14.20	12.60
Dividend Yield	4.89%	2.87%	2.59%
Earnings Yield	1.75%	7.04%	7.93%
Enterprise Value to Invested Capital (EV/IC)	1.22	2.24	2.53
Enterprise Value to Revenue (EV/Rev)	0.90	0.89	0.92
Enterprise Value to EBITDA (EV/EBITDA)	8.43	7.56	7.86
Enterprise Value to EBIT (EV/EBIT)	16.95	9.97	9.89
Enterprise Value to NOPAT (EV/NOPAT)	31.88	13.48	12.84
Enterprise Value to Operating Cash Flow (EV/OCF)	9.51	8.38	11.44
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	11.94	42.05
Leverage & Solvency	-	-	-
Debt to Equity	1.35	0.20	0.37
Long-Term Debt to Equity	1.28	0.11	0.37
Financial Leverage	0.65	0.18	0.31
Leverage Ratio	2.46	1.97	2.21
Compound Leverage Factor	0.75	1.80	2.05
Debt to Total Capital	57.47%	16.53%	26.82%
Short-Term Debt to Total Capital	3.01%	7.41%	0.00%
Long-Term Debt to Total Capital	54.46%	9.12%	26.82%
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	42.53%	83.47%	73.18%
Debt to EBITDA	4.19	0.61	0.89
Net Debt to EBITDA	3.83	0.29	0.67
Long-Term Debt to EBITDA	3.97	0.33	0.89
Debt to NOPAT	15.85	1.08	1.45
Net Debt to NOPAT	14.49	0.52	1.09
Long-Term Debt to NOPAT	15.02	0.60	1.45
Altman Z-Score	1.64	3.73	3.86
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	1.76	1.55	1.87
Quick Ratio	1.05	0.96	1.14
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-275	60	20
Operating Cash Flow to CapEx	327.75%	381.34%	319.14%
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	1.19	1.50	1.75
Accounts Receivable Turnover	6.67	6.20	7.68
Inventory Turnover	6.02	6.02	6.59
Fixed Asset Turnover	6.81	7.76	9.29
Accounts Payable Turnover	7.53	7.26	7.94
Days Sales Outstanding (DSO)	54.70	58.89	47.56
Days Inventory Outstanding (DIO)	60.62	60.68	55.36
Days Payable Outstanding (DPO)	48.44	50.27	45.97
Cash Conversion Cycle (CCC)	66.88	69.30	56.94
Capital & Investment Metrics	-	-	-
Invested Capital	621	322	329
Invested Capital Turnover	1.78	2.50	2.94
Increase / (Decrease) in Invested Capital	299	-6.91	45
Enterprise Value (EV)	754	722	830
Market Capitalization	411	694	760
Book Value per Share	$7.45	$7.95	$7.03
Tangible Book Value per Share	($3.87)	$4.13	$3.00
Total Capital	652	351	350
Total Debt	375	58	94
Total Long-Term Debt	355	32	94
Net Debt	343	28	71
Capital Expenditures (CapEx)	24	23	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	100	87	96
Debt-free Net Working Capital (DFNWC)	132	118	119
Net Working Capital (NWC)	112	92	119
Net Nonoperating Expense (NNE)	16	4.70	4.42
Net Nonoperating Obligations (NNO)	343	29	72
Total Depreciation and Amortization (D&A)	45	23	22
Debt-free, Cash-free Net Working Capital to Revenue	11.91%	10.73%	10.71%
Debt-free Net Working Capital to Revenue	15.77%	14.45%	13.28%
Net Working Capital to Revenue	13.42%	11.26%	13.28%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.19	$1.33	$1.66
Adjusted Weighted Average Basic Shares Outstanding	37.30M	36.87M	36.56M
Adjusted Diluted Earnings per Share	$0.19	$1.32	$1.64
Adjusted Weighted Average Diluted Shares Outstanding	37.30M	36.87M	36.56M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	37.30M	36.87M	36.56M
Normalized Net Operating Profit after Tax (NOPAT)	35	53	64
Normalized NOPAT Margin	4.24%	6.57%	7.13%
Pre Tax Income Margin	1.62%	8.12%	8.69%
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	283.74%	41.42%	32.85%
Augmented Payout Ratio	283.74%	41.42%	32.85%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.70%	3.68%	5.65%	-4.00%	-10.23%	-13.27%	-10.60%	-4.32%	6.64%	14.00%
EBITDA Growth	2.06%	-75.50%	62.95%	-7.83%	8.14%	-3.13%	-21.74%	-17.07%	46.17%	50.80%
EBIT Growth	-21.32%	-125.47%	47.00%	-42.61%	9.29%	-6.00%	-28.63%	-22.32%	58.34%	68.38%
NOPAT Growth	-32.44%	-124.01%	38.90%	-44.13%	-8.97%	-7.18%	-28.69%	-21.89%	82.92%	72.42%
Net Income Growth	-65.73%	-185.34%	-3.07%	-73.00%	-6.62%	-6.76%	-33.01%	-25.15%	85.09%	72.98%
EPS Growth	-67.65%	-185.29%	-3.45%	-74.29%	-8.11%	-8.11%	-32.56%	-25.53%	85.00%	68.18%
Operating Cash Flow Growth	77.58%	-21.72%	-37.22%	-21.39%	-29.56%	34.47%	-15.38%	253.62%	-30.31%	312.20%
Free Cash Flow Firm Growth	-1,517.34%	-1,784.17%	-4,165.79%	-2,487.01%	168.01%	443.51%	113.99%	60.48%	14.82%	95.05%
Invested Capital Growth	92.94%	99.36%	103.09%	103.54%	-2.10%	-1.57%	1.29%	9.01%	15.84%	6.77%
Revenue Q/Q Growth	-0.58%	-6.89%	6.34%	8.39%	-3.40%	-5.11%	-3.38%	1.36%	-6.68%	-2.18%
EBITDA Q/Q Growth	319.56%	-83.25%	57.03%	-7.50%	0.71%	11.39%	-11.18%	8.53%	-9.77%	-10.01%
EBIT Q/Q Growth	407.24%	-120.08%	118.11%	-41.52%	-0.53%	15.87%	-14.85%	11.37%	-14.45%	-12.03%
NOPAT Q/Q Growth	374.29%	-120.13%	108.67%	-41.36%	-2.53%	16.45%	-16.06%	-4.46%	-0.61%	-10.54%
Net Income Q/Q Growth	139.50%	-205.83%	193.43%	-72.06%	-1.63%	20.20%	-18.27%	-3.37%	-1.78%	-13.64%
EPS Q/Q Growth	137.93%	-203.57%	211.11%	-73.53%	0.00%	17.24%	-17.14%	-5.41%	0.00%	-13.95%
Operating Cash Flow Q/Q Growth	57.83%	20.77%	-29.22%	31.62%	-30.42%	-3.14%	-11.38%	17.95%	32.82%	-39.05%
Free Cash Flow Firm Q/Q Growth	9.22%	-0.60%	3.87%	-1,714.44%	7.87%	142.86%	161.17%	57.56%	-444.84%	90.11%
Invested Capital Q/Q Growth	-2.09%	-3.64%	-1.02%	106.60%	1.17%	-1.84%	-0.80%	-0.63%	1.72%	1.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.32%	31.76%	34.29%	31.03%	29.95%	31.54%	32.82%	32.94%	30.57%	31.42%
EBITDA Margin	12.30%	2.91%	16.20%	10.97%	12.86%	12.33%	10.50%	11.43%	10.67%	11.04%
Operating Margin	7.18%	-2.32%	10.77%	5.25%	9.74%	9.46%	7.74%	8.79%	8.00%	8.72%
EBIT Margin	7.18%	-2.32%	10.77%	5.25%	9.74%	9.46%	7.74%	8.79%	8.00%	8.72%
Profit (Net Income) Margin	2.11%	-5.30%	4.67%	1.69%	6.56%	6.44%	5.09%	6.01%	6.31%	5.99%
Tax Burden Percent	62.49%	84.62%	69.82%	72.98%	72.78%	74.27%	73.89%	74.96%	87.38%	75.21%
Interest Burden Percent	46.98%	269.84%	62.04%	44.12%	92.61%	91.77%	88.91%	91.32%	90.28%	91.36%
Effective Tax Rate	37.51%	0.00%	30.18%	27.02%	27.22%	25.73%	26.11%	25.04%	12.62%	24.79%
Return on Invested Capital (ROIC)	7.97%	-2.81%	12.51%	6.22%	17.72%	18.30%	15.38%	18.73%	20.54%	18.60%
ROIC Less NNEP Spread (ROIC-NNEP)	5.36%	-6.65%	9.46%	4.18%	15.74%	16.28%	13.38%	16.92%	18.56%	17.12%
Return on Net Nonoperating Assets (RNNOA)	3.49%	-4.69%	6.86%	3.26%	2.89%	3.51%	3.45%	4.72%	5.83%	6.65%
Return on Equity (ROE)	11.46%	-7.51%	19.37%	9.48%	20.61%	21.81%	18.83%	23.45%	26.37%	25.24%
Cash Return on Invested Capital (CROIC)	-58.43%	-59.80%	-57.41%	-58.67%	18.60%	18.71%	16.11%	10.79%	6.45%	12.00%
Operating Return on Assets (OROA)	8.56%	-2.66%	11.77%	5.62%	14.60%	14.61%	12.22%	14.57%	14.01%	14.81%
Return on Assets (ROA)	2.51%	-6.08%	5.10%	1.81%	9.84%	9.96%	8.03%	9.97%	11.05%	10.17%
Return on Common Equity (ROCE)	11.46%	-7.51%	19.37%	9.48%	20.61%	21.81%	18.83%	23.45%	26.37%	25.24%
Return on Equity Simple (ROE_SIMPLE)	0.00%	5.60%	13.26%	13.51%	0.00%	17.63%	18.47%	21.08%	0.00%	22.08%
Net Operating Profit after Tax (NOPAT)	9.15	-3.33	17	7.94	14	14	12	14	15	15
NOPAT Margin	4.49%	-1.63%	7.52%	3.83%	7.09%	7.02%	5.72%	6.59%	6.99%	6.56%
Net Nonoperating Expense Percent (NNEP)	2.61%	3.83%	3.05%	2.04%	1.98%	2.01%	2.01%	1.81%	1.98%	1.48%
Return On Investment Capital (ROIC_SIMPLE)	1.40%	-	-	-	3.86%	-	-	-	4.24%	-
Cost of Revenue to Revenue	67.68%	68.24%	65.71%	68.97%	70.05%	68.46%	67.18%	67.06%	69.43%	68.58%
SG&A Expenses to Revenue	25.16%	23.25%	23.46%	25.81%	20.28%	22.09%	25.11%	24.14%	22.28%	22.69%
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	25.14%	34.08%	23.52%	25.78%	20.22%	22.08%	25.07%	24.15%	22.58%	22.69%
Earnings before Interest and Taxes (EBIT)	15	-4.76	24	11	19	19	16	19	17	20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	5.98	36	23	25	24	22	25	23	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.48	1.87	1.69	2.90	2.37	2.26	2.52	2.84	2.96	2.33
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	4.56	4.55	5.30	6.29	6.94	5.93
Price to Revenue (P/Rev)	0.49	0.62	0.61	1.05	0.85	0.76	0.80	0.85	0.84	0.64
Price to Earnings (P/E)	57.12	33.31	12.73	21.49	14.20	12.83	13.66	13.50	12.60	10.56
Dividend Yield	4.89%	3.91%	4.04%	2.35%	2.87%	3.11%	2.87%	2.62%	2.59%	3.45%
Earnings Yield	1.75%	3.00%	7.85%	4.65%	7.04%	7.79%	7.32%	7.41%	7.93%	9.47%
Enterprise Value to Invested Capital (EV/IC)	1.22	1.38	1.31	1.83	2.24	2.12	2.29	2.50	2.53	2.01
Enterprise Value to Revenue (EV/Rev)	0.90	1.06	1.05	1.51	0.89	0.81	0.86	0.92	0.92	0.73
Enterprise Value to EBITDA (EV/EBITDA)	8.43	9.81	8.01	12.98	7.56	7.19	7.84	8.11	7.86	6.62
Enterprise Value to EBIT (EV/EBIT)	16.95	18.00	11.96	18.88	9.97	9.51	10.28	10.38	9.89	8.35
Enterprise Value to NOPAT (EV/NOPAT)	31.88	27.86	16.51	25.66	13.48	12.27	13.23	13.42	12.84	11.18
Enterprise Value to Operating Cash Flow (EV/OCF)	9.51	12.95	11.92	15.06	8.38	7.27	8.51	8.94	11.44	7.90
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	11.94	11.23	14.28	24.14	42.05	17.29
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.35	1.41	1.36	1.37	0.20	0.21	0.29	0.33	0.37	0.40
Long-Term Debt to Equity	1.28	1.33	1.29	1.31	0.11	0.12	0.19	0.24	0.37	0.40
Financial Leverage	0.65	0.71	0.73	0.78	0.18	0.22	0.26	0.28	0.31	0.39
Leverage Ratio	2.46	2.57	2.63	2.70	1.97	2.05	2.14	2.19	2.21	2.32
Compound Leverage Factor	1.16	6.95	1.63	1.19	1.83	1.88	1.91	2.00	1.99	2.12
Debt to Total Capital	57.47%	58.43%	57.59%	57.87%	16.53%	17.53%	22.35%	25.07%	26.82%	28.57%
Short-Term Debt to Total Capital	3.01%	2.96%	2.82%	2.83%	7.41%	7.60%	7.35%	7.34%	0.00%	0.00%
Long-Term Debt to Total Capital	54.46%	55.47%	54.77%	55.04%	9.12%	9.93%	14.99%	17.73%	26.82%	28.57%
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	42.53%	41.57%	42.41%	42.13%	83.47%	82.47%	77.65%	74.93%	73.18%	71.43%
Debt to EBITDA	4.19	4.36	3.73	4.28	0.61	0.64	0.84	0.88	0.89	1.00
Net Debt to EBITDA	3.83	4.02	3.38	3.93	0.29	0.38	0.51	0.60	0.67	0.79
Long-Term Debt to EBITDA	3.97	4.14	3.54	4.07	0.33	0.36	0.56	0.62	0.89	1.00
Debt to NOPAT	15.85	12.38	7.68	8.47	1.08	1.09	1.41	1.46	1.45	1.69
Net Debt to NOPAT	14.49	11.43	6.96	7.77	0.52	0.64	0.86	1.00	1.09	1.34
Long-Term Debt to NOPAT	15.02	11.75	7.30	8.05	0.60	0.62	0.95	1.03	1.45	1.69
Altman Z-Score	1.53	1.47	1.51	1.76	3.40	3.30	3.31	3.32	3.45	2.92
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	1.76	1.80	1.81	1.75	1.55	1.51	1.56	1.52	1.87	1.75
Quick Ratio	1.05	1.05	1.08	1.06	0.96	0.87	0.90	0.91	1.14	0.97
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-290	-319	-317	-330	20	19	7.80	-13	-30	-5.52
Operating Cash Flow to CapEx	390.52%	242.34%	325.48%	359.91%	446.77%	543.03%	379.85%	284.68%	328.01%	247.67%
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	1.19	1.15	1.09	1.07	1.50	1.54	1.58	1.66	1.75	1.70
Accounts Receivable Turnover	6.67	6.63	6.39	5.96	6.20	6.78	6.95	6.76	7.68	7.24
Inventory Turnover	6.02	5.58	5.46	5.33	6.02	5.56	5.69	6.02	6.59	6.21
Fixed Asset Turnover	6.81	6.82	6.75	6.68	7.76	8.15	8.58	8.99	9.29	9.41
Accounts Payable Turnover	7.53	7.02	6.37	6.31	7.26	6.38	6.33	6.24	7.94	7.01
Days Sales Outstanding (DSO)	54.70	55.09	57.15	61.22	58.89	53.82	52.48	54.00	47.56	50.45
Days Inventory Outstanding (DIO)	60.62	65.46	66.87	68.48	60.68	65.68	64.19	60.64	55.36	58.80
Days Payable Outstanding (DPO)	48.44	52.03	57.31	57.83	50.27	57.17	57.66	58.53	45.97	52.03
Cash Conversion Cycle (CCC)	66.88	68.52	66.72	71.87	69.30	62.34	59.01	56.12	56.94	57.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	621	634	658	664	322	318	324	326	329	323
Invested Capital Turnover	1.78	1.73	1.66	1.62	2.50	2.61	2.69	2.84	2.94	2.83
Increase / (Decrease) in Invested Capital	299	316	334	338	-6.91	-5.06	4.12	27	45	20
Enterprise Value (EV)	754	872	860	1,214	722	674	740	815	830	649
Market Capitalization	411	514	498	846	694	638	692	754	760	571
Book Value per Share	$7.45	$7.41	$7.92	$7.91	$7.95	$7.67	$7.47	$7.25	$7.03	$6.72
Tangible Book Value per Share	($3.87)	($4.71)	($4.84)	($5.08)	$4.13	$3.81	$3.55	$3.28	$3.00	$2.64
Total Capital	652	663	695	692	351	342	353	354	350	343
Total Debt	375	387	400	401	58	60	79	89	94	98
Total Long-Term Debt	355	368	380	381	32	34	53	63	94	98
Net Debt	343	358	363	368	28	35	48	61	71	78
Capital Expenditures (CapEx)	7.00	7.15	4.41	5.63	3.45	4.08	6.02	9.06	6.67	6.65
Debt-free, Cash-free Net Working Capital (DFCFNWC)	100	112	114	108	87	85	88	89	96	94
Debt-free Net Working Capital (DFNWC)	132	142	151	141	118	110	118	118	119	115
Net Working Capital (NWC)	112	122	132	121	92	84	92	92	119	115
Net Nonoperating Expense (NNE)	4.85	7.54	6.29	4.44	1.00	1.14	1.32	1.23	1.45	1.29
Net Nonoperating Obligations (NNO)	343	358	363	373	29	36	49	61	72	78
Total Depreciation and Amortization (D&A)	10	11	12	12	5.96	5.69	5.76	5.70	5.69	5.28
Debt-free, Cash-free Net Working Capital to Revenue	11.91%	13.58%	13.98%	13.47%	10.73%	10.15%	10.13%	10.04%	10.71%	10.62%
Debt-free Net Working Capital to Revenue	15.77%	17.19%	18.56%	17.54%	14.45%	13.12%	13.68%	13.21%	13.28%	12.93%
Net Working Capital to Revenue	13.42%	14.80%	16.16%	15.10%	11.26%	10.01%	10.67%	10.29%	13.28%	12.93%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.11	($0.29)	$0.28	$0.09	$0.34	$0.35	$0.29	$0.35	$0.38	$0.37
Adjusted Weighted Average Basic Shares Outstanding	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M
Adjusted Diluted Earnings per Share	$0.11	($0.29)	$0.28	$0.09	$0.34	$0.34	$0.29	$0.35	$0.37	$0.37
Adjusted Weighted Average Diluted Shares Outstanding	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M
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	37.30M	37.26M	37.22M	37.18M	36.87M	36.84M	36.81M	36.74M	36.56M	36.50M
Normalized Net Operating Profit after Tax (NOPAT)	9.11	12	17	7.89	13	14	12	14	15	15
Normalized NOPAT Margin	4.47%	5.95%	7.56%	3.81%	7.04%	7.01%	5.69%	6.60%	7.00%	6.56%
Pre Tax Income Margin	3.37%	-6.27%	6.68%	2.32%	9.02%	8.68%	6.89%	8.02%	7.22%	7.97%
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	283.74%	131.88%	51.99%	51.56%	41.42%	40.58%	39.78%	36.01%	32.85%	36.54%
Augmented Payout Ratio	283.74%	131.88%	51.99%	51.56%	41.42%	40.58%	39.78%	36.01%	32.85%	36.54%

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. See where experts think Myers Industries is headed by visiting Myers Industries' forecast page.

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%.

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This page (NYSE:MYE) was last updated on 5/21/2025 by MarketBeat.com Staff

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Myers Industries (MYE) Financials

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Myers Industries (MYE) Financials

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