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
DateValue
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