Total assets reported in FY2025.
Total liabilities reported in FY2025.
Shareholders' equity reported in FY2025.
Equity as a share of the latest capital base.
Review the reported balance sheet and jump directly to the source filing for any fiscal year.
Myers Industries’ balance sheet expanded meaningfully over the five-year period, with total assets rising from $484.5 million in 2021 to $851.3 million in 2025, although the path was not linear. The biggest step-up occurred in 2023, when assets jumped to $541.6 million from $542.6 million in 2022 and then surged again in 2024 and 2025. This suggests a material increase in operating scale, acquisitions, or capital deployment. In an industrial/plastics-related business like Myers, asset growth can reflect inventory build, working-capital needs, and investment in equipment or acquired businesses. Liabilities also increased over the period, moving from $275.2 million in 2021 to $557.1 million in 2025, with a particularly sharp rise in 2024 and 2025 after a lower level in 2023. Equity was more stable, though it improved overall from $209.3 million in 2021 to $294.2 million in 2025, peaking near $292.8 million in 2023 before dipping in 2024 and recovering in 2025. Overall, the company appears to have grown its balance sheet while taking on substantially more leverage; the liability increase has outpaced equity growth, which may imply higher financial risk even as the business scale has expanded.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.