Myers Industries (MYE) Asset Utilization Ratio (2011 - 2026)
Myers Industries' Asset Utilization Ratio came in at 0.90 for Q2 2026, up 6.6% from 0.84 a year earlier and up 2.6% from the prior quarter.
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Analysis
Myers Industries (MYE) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Myers Industries' Asset Utilization Ratio was 0.96, down 19.2% from FY2024.
- Asset Utilization Ratio has declined in each of the last three years.
- Going back by year, Asset Utilization Ratio was 1.19 in FY2024 (-20.5%), 1.50 in FY2023 (-14.4%), 1.75 in FY2022 (+1.7%) and 1.72 in FY2021 (+27.0%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q1 2025.
- Year-over-year, Asset Utilization Ratio increased in 1 of the last eight quarters, with an average decline of 13.7%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2022 (growth of 18.3%), and the weakest in Q2 2024 (a decline of 45.4%).
- Business Quant data shows MYE's Asset Utilization Ratio at 0.87 (Q1 2026), 0.86 (Q4 2025) and 0.85 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.01 |
| 10 | Myers Industries | 1.17 Bn | 993.54 Mn | 61.46 Mn | 0.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.90 |
| Mar 31, 2026 | 0.87 |
| Dec 31, 2025 | 0.86 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.84 |
| Mar 31, 2025 | 0.91 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | 1.08 |
| Dec 31, 2023 | 1.52 |
| Sep 30, 2023 | 1.55 |
| Jun 30, 2023 | 1.57 |
| Mar 31, 2023 | 1.62 |
| Dec 31, 2022 | 1.65 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.60 |
| Mar 31, 2022 | 1.62 |
| Dec 31, 2021 | 1.55 |
| Sep 30, 2021 | 1.51 |
API Access
Myers Industries Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MYE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MYE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MYE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();