Myers Industries Inc
NYSE:MYE
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Operating Margin
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Peer Comparison
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Myers Industries Inc
NYSE:MYE
|
772.8m USD |
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|
|
| US |
B
|
Ball Corp
NYSE:BALL
|
15.3B USD |
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|
|
| US |
|
Crown Holdings Inc
NYSE:CCK
|
11.8B USD |
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|
|
| CA |
C
|
CCL Industries Inc
TSX:CCL.B
|
14.3B CAD |
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|
|
| US |
|
Aptargroup Inc
NYSE:ATR
|
8.2B USD |
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|
|
| US |
|
Berry Global Group Inc
NYSE:BERY
|
7.8B USD |
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|
|
| US |
S
|
Silgan Holdings Inc
NYSE:SLGN
|
4.5B USD |
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|
|
| JP |
|
Toyo Seikan Group Holdings Ltd
TSE:5901
|
580.9B JPY |
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|
|
| ES |
|
Vidrala SA
MAD:VID
|
3.1B EUR |
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|
|
| US |
|
Greif Inc
NYSE:GEF
|
3.4B USD |
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|
|
| CN |
|
Jiamei Food Packaging Chuzhou Co Ltd
SZSE:002969
|
22.1B CNY |
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|
Market Distribution
| Min | -4 087 900% |
| 30th Percentile | -5.1% |
| Median | 6% |
| 70th Percentile | 14.8% |
| Max | 1 032 600% |
Other Profitability Ratios
Myers Industries Inc
Glance View
Myers Industries, Inc. engages in the manufacture and trade of polymer products. The company is headquartered in Akron, Ohio and currently employs 2,725 full-time employees. The Company’s segments include Material Handling and Distribution. The Material Handling Segment manufactures a broad selection of durable plastic reusable containers that are used repeatedly during the course of their service life. Its products include pallets, small parts bins, bulk shipping containers, storage and organization products, original equipment manufacturer (OEM) parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. The Distribution Segment is engaged in the distribution of tools, equipment and supplies used for tire, wheel and under-vehicle service on passenger, heavy truck and off-road vehicles and the manufacturing of tire repair materials and custom rubber products. The company serves retail and truck tire dealers, commercial auto and truck fleets, truck stop operations, auto dealers, general service and repair centers and government agencies.
See Also
Operating Margin is calculated by dividing the Operating Income by the Revenue.
The current Operating Margin for Myers Industries Inc is 9.3%, which is above its 3-year median of 9%.
Over the last 3 years, Myers Industries Inc’s Operating Margin has increased from 8.8% to 9.3%. During this period, it reached a low of 8.5% on Jun 30, 2023 and a high of 9.5% on Jun 30, 2024.
