Myers Industries (MYE) Tax Rate (2010 - 2026)
Myers Industries (MYE) posted Tax Rate of 24.01% for Q1 2026, down 95.17% sequentially from 497.3% in Q4 2025, and down 275.0% YoY from 13.72% in Q1 2025.
Myers Industries (MYE) Tax Rate (2010 - 2026) Analysis & Trends
Myers Industries (MYE) has 17 years of Tax Rate data on file, last reported at 24.01% in Q1 2026.
- Quarterly Tax Rate fell 275.0% year-over-year to 24.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.89% (down 5204.0% YoY) and the FY2025 annual result came in at 22.03%, down 6945.0% from the prior year.
- Tax Rate declined to 24.01% in Q1 2026 per MYE's latest filing, from 497.3% in the prior quarter.
- The five-year high for Tax Rate was 497.3% in Q4 2025, with the low at 12.24% in Q4 2023.
- Average Tax Rate over 5 years is 55.11%, with a median of 25.73% recorded in 2023.
- Year-over-year, Tax Rate plunged 1035 bps in 2024 and surged 37183 bps in 2025.
- Myers Industries' Tax Rate stood at 3.78% in 2022, then sank by 223 bps to 12.24% in 2023, then soared by 1125 bps to 125.47% in 2024, then jumped by 296 bps to 497.3% in 2025, then slumped by 95 bps to 24.01% in 2026.
- Business Quant data shows MYE's Tax Rate at 24.01% in Q1 2026, 497.3% in Q4 2025, and 30.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 24.03% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 18.28% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 30.07% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 25.45% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.38% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 12.44% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 26.51% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 4.44% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 25.00% |
| 10 | Myers Industries | 789.27 Mn | 744.68 Mn | 56.55 Mn | 24.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.01 |
| Mar 31, 2026 | 24.01 |
| Dec 31, 2025 | 497.30 |
| Dec 31, 2025 | 497.30 |
| Sep 30, 2025 | 30.46 |
| Sep 30, 2025 | 30.46 |
| Jun 30, 2025 | 23.07 |
| Jun 30, 2025 | 23.07 |
| Mar 31, 2025 | 26.77 |
| Mar 31, 2025 | 26.77 |
| Dec 31, 2024 | 125.47 |
| Dec 31, 2024 | 125.47 |
| Sep 30, 2024 | 15.38 |
| Sep 30, 2024 | 15.38 |
| Jun 30, 2024 | 30.18 |
| Jun 30, 2024 | 30.18 |
| Mar 31, 2024 | 27.02 |
| Mar 31, 2024 | 27.02 |
| Dec 31, 2023 | -12.24 |
| Dec 31, 2023 | -12.24 |