Myers Industries (MYE) Asset Utilization Ratio (2011 - 2026)
Myers Industries' (MYE) quarterly Asset Utilization Ratio came in at 0.9 in Q2 2026, up 6.59% year-over-year from 0.84 in Q2 2025, and up 2.62% quarter-over-quarter from 0.87 in Q1 2026.
Analysis
Myers Industries (MYE) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Myers Industries has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.9 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 6.59% year-over-year to 0.9; the TTM figure through Jun 2026 stood at 0.9 (up 6.59% YoY), while the FY2025 annual figure was 0.96, down 19.18% from the prior year.
- Asset Utilization Ratio came in at 0.9 for Q2 2026 at Myers Industries, up from 0.87 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.65 in Q4 2022 to a low of 0.84 in Q2 2025.
- Average Asset Utilization Ratio over 5 years is 1.21, with a median of 1.01 recorded in 2024.
- Year-over-year, Asset Utilization Ratio rose 18.26% in 2022 and slumped 45.4% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 1.65 in 2022, then retreated by 7.96% to 1.52 in 2023, then sank by 37.51% to 0.95 in 2024, then fell by 9.68% to 0.86 in 2025, then gained by 4.7% to 0.9 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.9 in Q2 2026, 0.87 in Q1 2026, and 0.86 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 0.72 |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 1.01 |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 0.48 |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 0.80 |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 1.13 |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 0.62 |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 0.50 |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 0.37 |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 0.38 |
| 10 | Myers Industries | 1.13 Bn | 1.08 Bn | 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 |