Myers Net Income from 2010 to 2024

MYE Stock  USD 22.04  0.01  0.05%   
Myers Industries' Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 51.3 M this year. During the period from 2010 to 2024 Myers Industries Net Income annual values regression line had coefficient of variation of  97.61 and r-squared of  0.34. View All Fundamentals
 
Net Income  
First Reported
1989-06-30
Previous Quarter
12.7 M
Current Value
12.5 M
Quarterly Volatility
12.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Myers Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Myers main balance sheet or income statement drivers, such as Depreciation And Amortization of 26 M, Interest Expense of 7.2 M or Total Revenue of 586 M, as well as many exotic indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0191 or PTB Ratio of 1.84. Myers financial statements analysis is a perfect complement when working with Myers Industries Valuation or Volatility modules.
  
This module can also supplement Myers Industries' financial leverage analysis and stock options assessment as well as various Myers Industries Technical models . Check out the analysis of Myers Industries Correlation against competitors.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

Latest Myers Industries' Net Income Growth Pattern

Below is the plot of the Net Income of Myers Industries over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Myers Industries financial statement analysis. It represents the amount of money remaining after all of Myers Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Myers Industries' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Myers Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 48.87 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Myers Net Income Regression Statistics

Arithmetic Mean22,504,823
Coefficient Of Variation97.61
Mean Deviation17,734,659
Median24,505,000
Standard Deviation21,967,722
Sample Variance482.6T
Range70.2M
R-Value0.58
Mean Square Error342.8T
R-Squared0.34
Significance0.02
Slope2,866,255
Total Sum of Squares6756.1T

Myers Net Income History

202451.3 M
202348.9 M
202260.3 M
202133.5 M
202036.8 M
201924.3 M
2018-3.3 M

Other Fundumenentals of Myers Industries

Myers Industries Net Income component correlations

About Myers Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Myers Industries income statement, its balance sheet, and the statement of cash flows. Myers Industries investors use historical funamental indicators, such as Myers Industries's Net Income, to determine how well the company is positioned to perform in the future. Although Myers Industries investors may use each financial statement separately, they are all related. The changes in Myers Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Myers Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Myers Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Myers Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income48.9 M51.3 M
Net Income Applicable To Common Shares69.3 M72.8 M
Net Income From Continuing Ops49.8 M27 M
Net Income Per Share 1.33  1.40 
Net Income Per E B T 0.74  0.47 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Myers Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Myers Industries' short interest history, or implied volatility extrapolated from Myers Industries options trading.

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When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
Check out the analysis of Myers Industries Correlation against competitors.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
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Is Myers Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.54
Earnings Share
1.32
Revenue Per Share
22.128
Quarterly Revenue Growth
(0.10)
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.