Myers Industries (MYE) Tax Rate (2010 - 2026)

Myers Industries (MYE) posted Tax Rate of 24.72% for Q2 2026, up 2.93% sequentially from 24.01% in Q1 2026, and up 181.0% YoY from 8.8% in Q2 2025.

Myers Industries (MYE) Tax Rate (2010 - 2026) Analysis & Trends

Myers Industries has reported Tax Rate for 17 years, with the latest figure at 24.72% in Q2 2026.

Quarterly Tax Rate rose 181.0% year-over-year to 24.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.15% (down 5125.0% YoY) and the FY2025 annual result came in at 22.61%, down 6887.0% from the prior year.
Tax Rate climbed to 24.72% in Q2 2026 per MYE's latest filing, from 24.01% in the prior quarter.
Over five years, Tax Rate peaked at 125.47% in Q4 2024 and troughed at 12.62% in Q4 2022.
A 5-year average of 29.62% and a median of 25.6% in 2022 frame the typical range for Tax Rate.
The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 9824 bps in 2024, then tumbled 11219 bps in 2025.
Over 5 years, Tax Rate stood at 12.62% in 2022, then surged by 116 bps to 27.22% in 2023, then surged by 361 bps to 125.47% in 2024, then sank by 89 bps to 13.27% in 2025, then surged by 86 bps to 24.72% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 24.72%, 24.01%, and 13.27% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Smurfit Westrock	25.90 Bn	25.22 Bn	1.40 Bn	31.25%
2	Amcor	22.53 Bn	21.41 Bn	1.34 Bn	20.00%
3	Packaging Corp Of America	22.42 Bn	21.83 Bn	512.50 Mn	25.83%
4	International Paper	22.01 Bn	21.29 Bn	1.66 Bn	57.69%
5	Ball	16.88 Bn	16.20 Bn	697.00 Mn	23.38%
6	Avery Dennison	14.03 Bn	13.80 Bn	729.40 Mn	27.80%
7	Crown Holdings	13.03 Bn	12.38 Bn	748.00 Mn	24.38%
8	Sonoco Products	5.91 Bn	5.74 Bn	392.38 Mn	27.79%
9	Reynolds Consumer Products	5.36 Bn	5.29 Bn	245.00 Mn	23.28%
10	Myers Industries	1.26 Bn	1.21 Bn	61.46 Mn	24.72%

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