Myers Industries (MYE) Tax Rate (2009 - 2026)
Myers Industries' Tax Rate was 24.72% in Q2 2026, up 1.81 percentage points from 22.91% a year earlier and up 0.70 percentage points from the prior quarter.
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Analysis
Myers Industries (MYE) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Myers Industries' Tax Rate was 23.15% through Jun 30, 2026, down 14.17 percentage points year-over-year; for FY2025, it came in at 22.61%, down 24.21 percentage points from FY2024.
- Tax Rate shows a five-year change of -2.13 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 46.83% in FY2024 (+20.81 pp), 26.02% in FY2023 (+3.08 pp), 22.94% in FY2022 (-2.68 pp) and 25.62% in FY2021 (+0.88 pp).
- Quarterly Tax Rate has moved between 12.62% (Q4 2022) and 37.51% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last six quarters, with an average year-over-year change of -3.74 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 14.60 percentage points); the worst was Q4 2025 (a drop of 24.23 percentage points).
- Per Business Quant data, MYE's Tax Rate in the three quarters before Q2 2026 was 24.01% (Q1 2026), 13.27% (Q4 2025) and 30.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Myers Industries | 1.05 Bn | 866.41 Mn | 46.78 Mn | 23.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.81% |
| Jun 30, 2026 | 24.72% |
| Mar 31, 2026 | 24.01% |
| Dec 31, 2025 | 13.15% |
| Sep 30, 2025 | 31.79% |
| Jun 30, 2025 | 22.91% |
| Mar 31, 2025 | 26.77% |
| Dec 31, 2024 | 37.51% |
| Jun 30, 2024 | 30.18% |
| Mar 31, 2024 | 27.02% |
| Dec 31, 2023 | 27.22% |
| Sep 30, 2023 | 25.73% |
| Jun 30, 2023 | 26.11% |
| Mar 31, 2023 | 25.04% |
| Dec 31, 2022 | 12.62% |
| Sep 30, 2022 | 24.79% |
| Jun 30, 2022 | 26.04% |
| Mar 31, 2022 | 25.46% |
| Dec 31, 2021 | 24.36% |
| Sep 30, 2021 | 26.56% |
API Access
Myers Industries Tax Rate 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=tax-rate&ticker=MYE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MYE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();