MYE
MYE
Myers Industries, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $205.44M ▼ | $50.88M ▲ | $7.09M ▼ | 3.45% ▼ | $0.19 ▼ | $27.38M ▼ |
| Q2-2025 | $209.58M ▲ | $50.68M ▼ | $9.71M ▲ | 4.63% ▲ | $0.26 ▲ | $30.05M ▲ |
| Q1-2025 | $206.75M ▲ | $52.43M ▼ | $6.8M ▲ | 3.29% ▲ | $0.18 ▲ | $21.11M ▼ |
| Q4-2024 | $203.88M ▼ | $55.71M ▼ | $4.3M ▲ | 2.11% ▲ | $0.12 ▲ | $31.12M ▲ |
| Q3-2024 | $205.07M | $69.89M | $-10.88M | -5.3% | $-0.29 | $5.43M |
What's going well?
The company remains profitable, with steady revenue and no unusual charges. Overhead is being managed, and there is no sign of dilution hurting shareholders.
What's concerning?
Profits are down sharply, margins are being squeezed, and costs are rising faster than sales. Interest expense is a significant drag, and efficiency is slipping.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $47.97M ▲ | $864.07M ▲ | $577.45M ▼ | $286.62M ▲ |
| Q2-2025 | $41.29M ▲ | $862.71M ▼ | $578.07M ▼ | $284.64M ▲ |
| Q1-2025 | $35.3M ▲ | $883.84M ▲ | $606.42M ▲ | $277.42M ▼ |
| Q4-2024 | $32.22M ▲ | $860.82M ▼ | $583.3M ▼ | $277.51M ▲ |
| Q3-2024 | $29.71M | $905M | $629.36M | $275.64M |
What's financially strong about this company?
MYE has increased its cash position and paid down some debt this quarter. Current assets comfortably cover near-term bills, and equity remains positive.
What are the financial risks or weaknesses?
Nearly half of assets are tied up in goodwill and intangibles, which could be written down if acquisitions underperform. Retained earnings are negative, and payables are rising faster than assets.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $7.09M ▼ | $25.76M ▼ | $-3.75M ▼ | $-15.47M ▲ | $6.67M ▲ | $21.51M ▼ |
| Q2-2025 | $9.71M ▲ | $28.31M ▲ | $-3.52M ▲ | $-18.51M ▼ | $5.99M ▲ | $24.7M ▲ |
| Q1-2025 | $6.8M ▲ | $10.13M ▼ | $-8.01M ▼ | $988K ▲ | $3.08M ▲ | $2.05M ▼ |
| Q4-2024 | $4.3M ▲ | $27.35M ▲ | $-7M ▲ | $-17.93M ▲ | $2.51M ▲ | $20.21M ▲ |
| Q3-2024 | $-10.88M | $17.33M | $-7.15M | $-17.93M | $-7.63M | $10.15M |
What's strong about this company's cash flow?
MYE consistently generates more cash than it spends, pays down debt, and returns cash to shareholders. Cash flow quality is high, and the company is self-funding with a strong cash balance.
What are the cash flow concerns?
Operating and free cash flow both declined this quarter, and rising receivables tied up more cash. If these trends continue, cash generation could weaken.
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Auto Aftermarket | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
Consumer | $20.00M ▲ | $20.00M ▲ | $30.00M ▲ | $20.00M ▼ |
Food and Beverage | $10.00M ▲ | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ |
Industrial | $60.00M ▲ | $60.00M ▲ | $60.00M ▲ | $70.00M ▲ |
Infrastructure | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ |
Vehicle | $20.00M ▲ | $30.00M ▲ | $20.00M ▼ | $20.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
NonUS | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ | $10.00M ▼ |
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Myers Industries, Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include a diversified revenue base, leading niches within material handling and tire service distribution, and strong underlying cash generation from operations. The company has deep expertise in polymer conversion technologies and a portfolio of recognizable brands that support customer loyalty and premium positioning in certain segments. Liquidity for day‑to‑day needs appears sound, and management has shown a willingness to invest for growth through both internal product development and strategic acquisitions.
The most notable risks center on profitability and leverage. Earnings have deteriorated sharply in the most recent year despite reasonably stable revenue, suggesting cost pressures, integration challenges, or weaker pricing power. The large, debt‑funded acquisition has significantly raised leverage and increased exposure to interest rates and refinancing conditions. A growing share of assets is now tied up in goodwill and intangibles, which could be vulnerable to impairment if acquired businesses underperform. Cyclical end markets and strong competition from larger players further heighten uncertainty.
The outlook hinges on whether Myers can successfully integrate recent acquisitions, restore margins, and use its innovation and niche leadership to drive profitable growth. If the company can translate its expanded scale and product portfolio into higher-value sales and tighter cost control, the combination of solid cash generation and a broader market footprint could support gradual improvement. Conversely, if margin pressure persists or acquired operations fail to deliver expected benefits, the elevated debt and softer profitability could weigh on flexibility and long‑term performance. Overall, the company stands at an inflection point where execution over the next few years will be especially important.
About Myers Industries, Inc.
https://www.myersindustries.comMyers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $205.44M ▼ | $50.88M ▲ | $7.09M ▼ | 3.45% ▼ | $0.19 ▼ | $27.38M ▼ |
| Q2-2025 | $209.58M ▲ | $50.68M ▼ | $9.71M ▲ | 4.63% ▲ | $0.26 ▲ | $30.05M ▲ |
| Q1-2025 | $206.75M ▲ | $52.43M ▼ | $6.8M ▲ | 3.29% ▲ | $0.18 ▲ | $21.11M ▼ |
| Q4-2024 | $203.88M ▼ | $55.71M ▼ | $4.3M ▲ | 2.11% ▲ | $0.12 ▲ | $31.12M ▲ |
| Q3-2024 | $205.07M | $69.89M | $-10.88M | -5.3% | $-0.29 | $5.43M |
What's going well?
The company remains profitable, with steady revenue and no unusual charges. Overhead is being managed, and there is no sign of dilution hurting shareholders.
What's concerning?
Profits are down sharply, margins are being squeezed, and costs are rising faster than sales. Interest expense is a significant drag, and efficiency is slipping.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $47.97M ▲ | $864.07M ▲ | $577.45M ▼ | $286.62M ▲ |
| Q2-2025 | $41.29M ▲ | $862.71M ▼ | $578.07M ▼ | $284.64M ▲ |
| Q1-2025 | $35.3M ▲ | $883.84M ▲ | $606.42M ▲ | $277.42M ▼ |
| Q4-2024 | $32.22M ▲ | $860.82M ▼ | $583.3M ▼ | $277.51M ▲ |
| Q3-2024 | $29.71M | $905M | $629.36M | $275.64M |
What's financially strong about this company?
MYE has increased its cash position and paid down some debt this quarter. Current assets comfortably cover near-term bills, and equity remains positive.
What are the financial risks or weaknesses?
Nearly half of assets are tied up in goodwill and intangibles, which could be written down if acquisitions underperform. Retained earnings are negative, and payables are rising faster than assets.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $7.09M ▼ | $25.76M ▼ | $-3.75M ▼ | $-15.47M ▲ | $6.67M ▲ | $21.51M ▼ |
| Q2-2025 | $9.71M ▲ | $28.31M ▲ | $-3.52M ▲ | $-18.51M ▼ | $5.99M ▲ | $24.7M ▲ |
| Q1-2025 | $6.8M ▲ | $10.13M ▼ | $-8.01M ▼ | $988K ▲ | $3.08M ▲ | $2.05M ▼ |
| Q4-2024 | $4.3M ▲ | $27.35M ▲ | $-7M ▲ | $-17.93M ▲ | $2.51M ▲ | $20.21M ▲ |
| Q3-2024 | $-10.88M | $17.33M | $-7.15M | $-17.93M | $-7.63M | $10.15M |
What's strong about this company's cash flow?
MYE consistently generates more cash than it spends, pays down debt, and returns cash to shareholders. Cash flow quality is high, and the company is self-funding with a strong cash balance.
What are the cash flow concerns?
Operating and free cash flow both declined this quarter, and rising receivables tied up more cash. If these trends continue, cash generation could weaken.
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Auto Aftermarket | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
Consumer | $20.00M ▲ | $20.00M ▲ | $30.00M ▲ | $20.00M ▼ |
Food and Beverage | $10.00M ▲ | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ |
Industrial | $60.00M ▲ | $60.00M ▲ | $60.00M ▲ | $70.00M ▲ |
Infrastructure | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ |
Vehicle | $20.00M ▲ | $30.00M ▲ | $20.00M ▼ | $20.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
NonUS | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ | $10.00M ▼ |
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Myers Industries, Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include a diversified revenue base, leading niches within material handling and tire service distribution, and strong underlying cash generation from operations. The company has deep expertise in polymer conversion technologies and a portfolio of recognizable brands that support customer loyalty and premium positioning in certain segments. Liquidity for day‑to‑day needs appears sound, and management has shown a willingness to invest for growth through both internal product development and strategic acquisitions.
The most notable risks center on profitability and leverage. Earnings have deteriorated sharply in the most recent year despite reasonably stable revenue, suggesting cost pressures, integration challenges, or weaker pricing power. The large, debt‑funded acquisition has significantly raised leverage and increased exposure to interest rates and refinancing conditions. A growing share of assets is now tied up in goodwill and intangibles, which could be vulnerable to impairment if acquired businesses underperform. Cyclical end markets and strong competition from larger players further heighten uncertainty.
The outlook hinges on whether Myers can successfully integrate recent acquisitions, restore margins, and use its innovation and niche leadership to drive profitable growth. If the company can translate its expanded scale and product portfolio into higher-value sales and tighter cost control, the combination of solid cash generation and a broader market footprint could support gradual improvement. Conversely, if margin pressure persists or acquired operations fail to deliver expected benefits, the elevated debt and softer profitability could weigh on flexibility and long‑term performance. Overall, the company stands at an inflection point where execution over the next few years will be especially important.

CEO
Aaron M. Schapper
Compensation Summary
(Year 2024)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2004-08-11 | Forward | 11:10 |
| 2002-09-03 | Forward | 5:4 |
ETFs Holding This Stock
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Ratings Snapshot
Rating : B-
Most Recent Analyst Grades
Grade Summary
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Price Target
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