Myers Industries (MYE) Tax Rate (2010 - 2026)
Myers Industries' (MYE) quarterly Tax Rate came in at 24.01% in Q1 2026, down 275.0% year-on-year from 13.72% in Q1 2025, and down 95.17% quarter-over-quarter from 497.3% in Q4 2025.
Myers Industries (MYE) Tax Rate (2010 - 2026) Analysis & Trends
Myers Industries has disclosed Tax Rate across 17 years of filings, most recently posting 24.01% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.01%, down 275.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.89% (down 5204.0% YoY), and the FY2025 annual result was 22.03%, down 6945.0% from the prior year.
- Tax Rate came in at 24.01% for Q1 2026 at Myers Industries, down from 497.3% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 497.3% in Q4 2025 to a low of 12.24% in Q4 2023.
- The 5-year median for Tax Rate is 25.73% (2023), against an average of 55.11%.
- Across the five-year window, Tax Rate slumped 1035 bps in 2024 and jumped 37183 bps in 2025, its largest moves.
- Myers Industries' Tax Rate stood at 3.78% in 2022, then plunged 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 sank by 95 bps to 24.01% in 2026.
- The last three Tax Rate figures came in at 24.01% (Q1 2026), 497.3% (Q4 2025), and 30.46% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 25.00% |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 22.25% |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 18.28% |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 10.32% |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 24.03% |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 30.07% |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 25.45% |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 12.44% |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 23.38% |
| 10 | Myers Industries | 973.38 Mn | 928.79 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% |