Myers Industries, Inc.

Myers Industries, Inc.verified

MYE

Price:

$13.28

Market Cap:

$494.31M

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Ja...[Read more]

Industry

Packaging & Containers

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

MYE

The Current Ratio as of October 2024 (TTM) for Myers Industries, Inc. (MYE) is 1.81

According to Myers Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.81. This represents a change of 9.13% compared to the average of 1.65 of the last 4 quarters.

Myers Industries, Inc. (MYE) Historical Current Ratio (quarterly & annually)

How has MYE Current Ratio performed in the past?

The mean historical Current Ratio of Myers Industries, Inc. over the last ten years is 1.70. The current 1.81 Current Ratio has changed 10.55% with respect to the historical average. Over the past ten years (40 quarters), MYE's Current Ratio was at its highest in in the September 2014 quarter at 2.39. The Current Ratio was at its lowest in in the December 2020 quarter at 1.29.

Quarterly (TTM)
Annual

Average

1.70

Median

1.72

Minimum

1.29

Maximum

2.24

Myers Industries, Inc. (MYE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Myers Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 35.98%

Maximum Annual Current Ratio = 2.24

Minimum Annual Increase = -42.33%

Minimum Annual Current Ratio = 1.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.55-16.75%
20221.8712.49%
20211.6628.50%
20201.29-42.33%
20192.2419.32%
20181.8823.43%
20171.52-14.56%
20161.7835.98%
20151.31-29.52%
20141.8619.03%

Myers Industries, Inc. (MYE) Average Current Ratio

How has MYE Current Ratio performed in the past?

The current Current Ratio of Myers Industries, Inc. (MYE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.69

5-year avg

1.72

10-year avg

1.70

Myers Industries, Inc. (MYE) Current Ratio vs. Peers

How is MYE’s Current Ratio compared to its peers?

Myers Industries, Inc.’s Current Ratio is less than O-I Glass, Inc. (0), greater than Pactiv Evergreen Inc. (1.26), less than Greif, Inc. (2.04), greater than Crown Holdings, Inc. (1.70), greater than Silgan Holdings Inc. (1.05), greater than Sonoco Products Company (1.06), greater than Avery Dennison Corporation (1.30), greater than Reynolds Consumer Products Inc. (0.90), less than Sealed Air Corporation (2.13), greater than Karat Packaging Inc. (1.30), less than Graphic Packaging Holding Company (3.05), greater than null (1.24),

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