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Myers Industries, Inc.

Myers Industries, Inc.

NYSE•MYE
CEO: Mr. Grant E. Fitz
Sector: Consumer Cyclical
Industry: Packaging & Containers
Listing Date: 1980-03-17
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.
Contact Information
1293 South Main Street, Akron, OH, 44301, United States
330-253-5592
www.myersindustries.com
Market Cap
$743.30M
P/E (TTM)
26.6
18.3
Dividend Yield
2.7%
52W High
$19.93
52W Low
$9.06
52W Range
99%
Rank51Top 71.3%
3.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$205.44M+0.18%
4-Quarter Trend

EPS

$0.19-165.52%
4-Quarter Trend

FCF

$21.51M+111.97%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Quarterly Net Income Rebounds Net income $7.1M for Q3 2025 versus net loss of $(10.9)M in Q3 2024; Basic EPS $0.19 versus $(0.29) reported.
Gross Margin Improves Significantly Gross profit grew 5.3% to $68.6M for the quarter; Gross margin expanded to 33.4% from 31.8% in prior year.
Operating Cash Flow Rises Cash provided by operating activities reached $64.2M for nine months, up $12.3M from $51.9M in the prior year period.
Goodwill Impairment Eliminated Q3 2025 reported zero impairment charges compared to $22.0M goodwill charge recorded in Q3 2024 Material Handling segment.

Risk Factors

SG&A Expenses Rising Quarterly SG&A expenses increased $5.9M or 15.4% due to higher incentive compensation and restructuring costs incurred.
Nine Month Sales Decline Total net sales fell 1.7% for nine months to $621.8M, driven by lower pricing and volume across segments.
Commodity Cost Exposure Operations face risk from rising plastic resin and natural gas costs; no derivative contracts currently hedge raw material pricing.
Transformation Restructuring Costs Total restructuring charges reached $8.1M for nine months 2025 related to Focused Transformation and facility consolidation plans.

Outlook

Transformation Savings Target Focused Transformation initiative targets $20M in annualized SG&A savings by year-end 2025; $0.8M incurred this quarter.
Divestiture Process Initiated Strategic review initiated sale process for Myers Tire Supply business, generating $186M revenue over last twelve months.
Capital Management Focus Board authorized $10.0M share repurchase program for 2025; $2.0M used for repurchases in the nine month period.
Liquidity Position Strong Cash on hand $48.0M and $244.7M available under Amended Loan Agreement supports capital needs and future growth.

Peer Comparison

Revenue (TTM)

Cooper-Standard Holdings Inc.CPS
$2.73B
-0.5%
MarineMax, Inc.HZO
$2.31B
-5.0%
Uxin LimitedUXIN
$1.88B
+15.6%

Gross Margin (Latest Quarter)

Oxford Industries, Inc.OXM
60.3%
-2.9pp
Stitch Fix, Inc.SFIX
43.6%
-1.8pp
Ranpak Holdings Corp.PACK
41.1%
+3.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MYE$743.30M26.69.9%45.8%
UXIN$737.60M-18.9113.7%79.1%
SFIX$719.76M-25.5-14.3%16.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.3%
Moderate Growth
4Q Net Income CAGR
18.2%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 5, 2026
|
EPS:$0.23
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $205.44M+0.2%
    |
    EPS: $0.19-165.5%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $209.58M-4.8%
    |
    EPS: $0.26-7.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 1, 2025|
    Revenue: $206.75M-0.2%
    |
    EPS: $0.18+89.7%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 6, 2025|
    Revenue: $836.28M+2.9%
    |
    EPS: $0.19-85.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 4, 2024|
    Revenue: $205.07M+3.7%
    |
    EPS: $-0.29-182.9%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 1, 2024|
    Revenue: $220.24M+5.7%
    |
    EPS: $0.28-3.4%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $207.10M-4.0%
    |
    EPS: $0.09-72.9%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 5, 2024|
    Revenue: $813.07M-9.6%
    |
    EPS: $1.33-19.9%
    Beat