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
Market Cap
$1.02B
P/E (TTM)
24.2
24.5
Dividend Yield
2.0%
52W High
$27.23
52W Low
$12.96
52W Range
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
Q1 2026 Data
Revenue
$164.58M+0.00%
4-Quarter Trend
EPS
$0.37+0.00%
4-Quarter Trend
FCF
$23.43M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Surge Net income reached $34.9 M in 2025, sharply up from $7.2 M in 2024, benefiting from prior year adjustments.
Margin Expansion Achieved Gross margin improved 1.0 point to 33.4% driven by Signature acquisition benefits and favorable cost productivity.
Tax Rate Normalization Effective tax rate dropped significantly to 22.6% from 46.8% in the prior year following prior year impairment charges.
Backlog Shows Strength Order backlog increased to $105 M by year-end 2025, indicating sustained customer demand across segments.
Risk Factors
Raw Material Cost Volatility Raw material cost increases, especially plastic resins, risk limiting ability to raise selling prices effectively and maintain margins.
Tire Supply Sale Uncertainty Strategic review to sell Myers Tire Supply business may not result in a successful transaction or may disrupt operations.
Litigation and Liability Exposure Future claims, litigation, and regulatory actions, including environmental liabilities like New Idria Mine, could adversely affect finances.
IT Security Vulnerabilities IT systems remain vulnerable to breaches; increased use of AI heightens risk of unauthorized disclosure of confidential information.
Outlook
Strategic Growth Initiatives Strategy focuses on organic growth, innovation, strengthening customer relationships, and expanding high-growth niche market positions.
Cost Control Through Rationalization Consolidation and rationalization activities target cost reduction and improved productivity across manufacturing and distribution.
Debt Hedging Strategy Variable rate debt exposure is partially mitigated by an interest rate swap agreement effective through January 2029.
Liquidity Position Maintained Cash on hand and credit facility availability are deemed sufficient to meet expected capital expenditures and future growth.
Peer Comparison
Revenue (TTM)
$3.34B
$2.76B
$2.24B
Gross Margin (Latest Quarter)
82.4%
69.8%
63.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LQDT | $1.18B | 38.7 | 14.2% | 3.6% |
| BJRI | $1.11B | 25.1 | 12.0% | 46.3% |
| PLOW | $1.09B | 20.5 | 0.1% | 15.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-7.7%
Growth Under Pressure
4Q Net Income CAGR
12.4%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data