Myers Industries Inc
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consum… Read more
Myers Industries Inc (MYE) - Net Assets
Latest net assets as of September 2025: $286.62 Million USD
Based on the latest financial reports, Myers Industries Inc (MYE) has net assets worth $286.62 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($864.07 Million) and total liabilities ($577.45 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $286.62 Million |
| % of Total Assets | 33.17% |
| Annual Growth Rate | 5.81% |
| 5-Year Change | 46.75% |
| 10-Year Change | 185.76% |
| Growth Volatility | 17.48 |
Myers Industries Inc - Net Assets Trend (1985–2024)
This chart illustrates how Myers Industries Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Myers Industries Inc (1985–2024)
The table below shows the annual net assets of Myers Industries Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $277.51 Million | -5.22% |
| 2023-12-31 | $292.80 Million | +14.18% |
| 2022-12-31 | $256.43 Million | +22.50% |
| 2021-12-31 | $209.32 Million | +10.70% |
| 2020-12-31 | $189.10 Million | +13.45% |
| 2019-12-31 | $166.68 Million | +7.79% |
| 2018-12-31 | $154.64 Million | +64.94% |
| 2017-12-31 | $93.75 Million | +0.77% |
| 2016-12-31 | $93.03 Million | -4.20% |
| 2015-12-31 | $97.11 Million | -34.77% |
| 2014-12-31 | $148.87 Million | -36.79% |
| 2013-12-31 | $235.51 Million | +2.38% |
| 2012-12-31 | $230.02 Million | +11.59% |
| 2011-12-31 | $206.14 Million | -2.67% |
| 2010-12-31 | $211.81 Million | -17.90% |
| 2009-12-31 | $258.00 Million | +2.04% |
| 2008-12-31 | $252.84 Million | -20.31% |
| 2007-12-31 | $317.27 Million | +13.04% |
| 2006-12-31 | $280.66 Million | -17.31% |
| 2005-12-31 | $339.40 Million | -1.91% |
| 2004-12-31 | $346.00 Million | +17.48% |
| 2003-12-31 | $294.52 Million | +15.19% |
| 2002-12-31 | $255.69 Million | +17.54% |
| 2001-12-31 | $217.53 Million | +1.69% |
| 2000-12-31 | $213.90 Million | +2.99% |
| 1999-12-31 | $207.70 Million | +2.47% |
| 1998-12-31 | $202.70 Million | +14.71% |
| 1997-12-31 | $176.70 Million | +8.81% |
| 1996-12-31 | $162.40 Million | +11.85% |
| 1995-12-31 | $145.20 Million | +10.92% |
| 1994-12-31 | $130.90 Million | +13.53% |
| 1993-12-31 | $115.30 Million | +37.43% |
| 1992-12-31 | $83.90 Million | +15.72% |
| 1991-12-31 | $72.50 Million | +14.72% |
| 1990-12-31 | $63.20 Million | +18.57% |
| 1989-12-31 | $53.30 Million | +18.97% |
| 1988-12-31 | $44.80 Million | +17.89% |
| 1987-12-31 | $38.00 Million | +13.43% |
| 1986-12-31 | $33.50 Million | +9.12% |
| 1985-12-31 | $30.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Myers Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 310.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.92 Million | 8.26% |
| Other Comprehensive Income | $-22.11 Million | -7.97% |
| Other Components | $325.16 Million | 117.17% |
| Total Equity | $277.51 Million | 100.00% |
Myers Industries Inc Competitors by Market Cap
The table below lists competitors of Myers Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paul Hartmann AG
F:PHH2
|
$776.29 Million |
|
Lafarge Malayan Cement Bhd
KLSE:3794
|
$776.34 Million |
|
EMPLOYERS HLDGS DL -01
F:YGB
|
$776.36 Million |
|
Generation Development Group Ltd
AU:GDG
|
$776.64 Million |
|
Hangzhou Zhongtai Cryogenic Technology Corp
SHE:300435
|
$775.01 Million |
|
Levima Advanced Materials Corp
SHE:003022
|
$774.90 Million |
|
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd
SHG:600307
|
$774.08 Million |
|
DTS Corporation
F:DA9
|
$773.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Myers Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 292,800,000 to 277,512,000, a change of -15,288,000 (-5.2%).
- Net income of 7,201,000 contributed positively to equity growth.
- Dividend payments of 20,432,000 reduced retained earnings.
- Share repurchases of 3,342,000 reduced equity.
- New share issuances of 3,342,000 increased equity.
- Other comprehensive income decreased equity by 5,295,000.
- Other factors increased equity by 3,238,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.20 Million | +2.59% |
| Dividends Paid | $20.43 Million | -7.36% |
| Share Repurchases | $3.34 Million | -1.2% |
| Share Issuances | $3.34 Million | +1.2% |
| Other Comprehensive Income | $-5.29 Million | -1.91% |
| Other Changes | $3.24 Million | +1.17% |
| Total Change | $- | -5.22% |
Book Value vs Market Value Analysis
This analysis compares Myers Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.68x to 2.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.02 | $21.16 | x |
| 1986-12-31 | $1.11 | $21.16 | x |
| 1987-12-31 | $1.26 | $21.16 | x |
| 1988-12-31 | $1.47 | $21.16 | x |
| 1989-12-31 | $1.74 | $21.16 | x |
| 1990-12-31 | $2.06 | $21.16 | x |
| 1991-12-31 | $2.36 | $21.16 | x |
| 1992-12-31 | $2.69 | $21.16 | x |
| 1993-12-31 | $3.41 | $21.16 | x |
| 1994-12-31 | $3.89 | $21.16 | x |
| 1995-12-31 | $4.27 | $21.16 | x |
| 1996-12-31 | $4.79 | $21.16 | x |
| 1997-12-31 | $5.24 | $21.16 | x |
| 1998-12-31 | $6.06 | $21.16 | x |
| 1999-12-31 | $6.20 | $21.16 | x |
| 2000-12-31 | $5.95 | $21.16 | x |
| 2001-12-31 | $6.67 | $21.16 | x |
| 2002-12-31 | $7.76 | $21.16 | x |
| 2003-12-31 | $8.89 | $21.16 | x |
| 2004-12-31 | $10.17 | $21.16 | x |
| 2005-12-31 | $9.71 | $21.16 | x |
| 2006-12-31 | $8.01 | $21.16 | x |
| 2007-12-31 | $8.98 | $21.16 | x |
| 2008-12-31 | $7.18 | $21.16 | x |
| 2009-12-31 | $7.32 | $21.16 | x |
| 2010-12-31 | $6.00 | $21.16 | x |
| 2011-12-31 | $5.93 | $21.16 | x |
| 2012-12-31 | $6.74 | $21.16 | x |
| 2013-12-31 | $6.92 | $21.16 | x |
| 2014-12-31 | $4.55 | $21.16 | x |
| 2015-12-31 | $3.14 | $21.16 | x |
| 2016-12-31 | $3.10 | $21.16 | x |
| 2017-12-31 | $3.07 | $21.16 | x |
| 2018-12-31 | $4.63 | $21.16 | x |
| 2019-12-31 | $4.68 | $21.16 | x |
| 2020-12-31 | $5.26 | $21.16 | x |
| 2021-12-31 | $5.76 | $21.16 | x |
| 2022-12-31 | $7.14 | $21.16 | x |
| 2023-12-31 | $7.89 | $21.16 | x |
| 2024-12-31 | $7.42 | $21.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Myers Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.86%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 3.10x
- Recent ROE (2.59%) is below the historical average (8.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.07% | 3.99% | 1.66x | 1.67x | $330.00K |
| 1986 | 11.04% | 4.13% | 1.70x | 1.57x | $350.00K |
| 1987 | 13.68% | 3.95% | 1.27x | 2.72x | $1.40 Million |
| 1988 | 18.08% | 4.41% | 1.68x | 2.45x | $3.62 Million |
| 1989 | 18.01% | 4.93% | 1.75x | 2.08x | $4.27 Million |
| 1990 | 17.09% | 5.34% | 1.74x | 1.84x | $4.48 Million |
| 1991 | 14.48% | 5.37% | 1.73x | 1.56x | $3.25 Million |
| 1992 | 15.61% | 5.71% | 1.61x | 1.69x | $4.71 Million |
| 1993 | 13.53% | 6.36% | 1.61x | 1.32x | $4.07 Million |
| 1994 | 13.60% | 6.49% | 1.59x | 1.31x | $4.71 Million |
| 1995 | 11.02% | 5.32% | 1.55x | 1.33x | $1.48 Million |
| 1996 | 12.93% | 6.54% | 1.55x | 1.28x | $4.76 Million |
| 1997 | 12.62% | 6.57% | 1.52x | 1.27x | $4.63 Million |
| 1998 | 14.16% | 7.32% | 1.28x | 1.51x | $8.43 Million |
| 1999 | 15.02% | 5.37% | 0.97x | 2.89x | $10.43 Million |
| 2000 | 11.22% | 3.68% | 1.04x | 2.92x | $2.61 Million |
| 2001 | 6.98% | 2.50% | 1.04x | 2.68x | $-6.56 Million |
| 2002 | 9.37% | 3.94% | 1.01x | 2.36x | $-1.61 Million |
| 2003 | 5.54% | 2.47% | 1.06x | 2.11x | $-13.13 Million |
| 2004 | 7.43% | 3.20% | 1.02x | 2.27x | $-8.89 Million |
| 2005 | 7.82% | 2.94% | 1.19x | 2.24x | $-7.38 Million |
| 2006 | -24.59% | -8.85% | 1.18x | 2.36x | $-97.09 Million |
| 2007 | 17.25% | 5.96% | 1.32x | 2.20x | $23.01 Million |
| 2008 | -17.60% | -5.13% | 1.53x | 2.25x | $-69.78 Million |
| 2009 | -0.26% | -0.10% | 1.38x | 1.98x | $-26.48 Million |
| 2010 | -20.22% | -5.81% | 1.71x | 2.04x | $-64.01 Million |
| 2011 | 11.89% | 3.24% | 1.76x | 2.08x | $3.89 Million |
| 2012 | 13.03% | 3.79% | 1.63x | 2.11x | $6.96 Million |
| 2013 | 11.04% | 3.15% | 1.76x | 1.99x | $2.45 Million |
| 2014 | -4.28% | -1.02% | 1.10x | 3.82x | $-21.26 Million |
| 2015 | 17.68% | 2.85% | 1.40x | 4.43x | $7.46 Million |
| 2016 | 1.14% | 0.19% | 1.46x | 4.10x | $-8.25 Million |
| 2017 | -10.55% | -1.81% | 1.54x | 3.80x | $-19.26 Million |
| 2018 | -2.17% | -0.59% | 1.63x | 2.25x | $-18.81 Million |
| 2019 | 14.60% | 4.72% | 1.46x | 2.12x | $7.66 Million |
| 2020 | 19.44% | 7.20% | 1.28x | 2.12x | $17.86 Million |
| 2021 | 16.02% | 4.40% | 1.57x | 2.31x | $12.61 Million |
| 2022 | 23.50% | 6.70% | 1.66x | 2.12x | $34.62 Million |
| 2023 | 16.69% | 6.01% | 1.50x | 1.85x | $19.59 Million |
| 2024 | 2.59% | 0.86% | 0.97x | 3.10x | $-20.55 Million |
Industry Comparison
This section compares Myers Industries Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Myers Industries Inc (MYE) | $286.62 Million | 11.07% | 2.01x | $776.12 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |