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MYE

Myers Industries, Inc.

MYE

Myers Industries, Inc. • NYSE
$18.06 ▲ 0.11% (+0.02)
Market Cap $675.59 M
52w High $18.29
52w Low $9.06
Dividend Yield 0.54%
P/E 24.41
Volume 98.24K
Outstanding Shares 37.41M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $205.435M ▼ $50.881M ▲ $7.088M ▼ 3.45% ▼ $0.19 ▼ $27.377M ▼
Q2-2025 $209.583M ▲ $50.683M ▼ $9.705M ▲ 4.631% ▲ $0.26 ▲ $30.048M ▲
Q1-2025 $206.75M ▲ $52.428M ▼ $6.805M ▲ 3.291% ▲ $0.18 ▲ $21.108M ▼
Q4-2024 $203.876M ▼ $55.709M ▼ $4.297M ▲ 2.108% ▲ $0.12 ▲ $31.118M ▲
Q3-2024 $205.067M $69.894M $-10.878M -5.305% $-0.29 $5.432M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $47.965M ▲ $864.071M ▲ $577.448M ▼ $286.623M ▲
Q2-2025 $41.29M ▲ $862.714M ▼ $578.074M ▼ $284.64M ▲
Q1-2025 $35.302M ▲ $883.842M ▲ $606.419M ▲ $277.423M ▼
Q4-2024 $32.222M ▲ $860.815M ▼ $583.303M ▼ $277.512M ▲
Q3-2024 $29.71M $904.999M $629.36M $275.639M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $7.088M ▼ $25.758M ▼ $-3.745M ▼ $-15.468M ▲ $6.675M ▲ $21.513M ▼
Q2-2025 $9.705M ▲ $28.311M ▲ $-3.522M ▲ $-18.507M ▼ $5.988M ▲ $24.704M ▲
Q1-2025 $6.805M ▲ $10.131M ▼ $-8.007M ▼ $988K ▲ $3.08M ▲ $2.048M ▼
Q4-2024 $4.297M ▲ $27.348M ▲ $-7.003M ▲ $-17.925M ▲ $2.512M ▲ $20.215M ▲
Q3-2024 $-10.878M $17.327M $-7.15M $-17.933M $-7.635M $10.149M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Auto Aftermarket
Auto Aftermarket
 $50.00M ▲$50.00M ▲$50.00M ▲$50.00M ▲
Consumer
Consumer
 $20.00M ▲$20.00M ▲$30.00M ▲$20.00M ▼
Food and Beverage
Food and Beverage
 $10.00M ▲$20.00M ▲$10.00M ▼$20.00M ▲
Industrial
Industrial
 $60.00M ▲$60.00M ▲$60.00M ▲$70.00M ▲
Infrastructure
Infrastructure
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲
Vehicle
Vehicle
 $20.00M ▲$30.00M ▲$20.00M ▼$20.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past five years Myers has grown its sales meaningfully from early-pandemic levels, with revenue now near its recent peak. Gross profit has generally kept pace, suggesting the core product economics remain sound. The pressure shows further down the income statement: operating profit has slipped from earlier highs, and net earnings in the most recent year are much weaker than in the prior two years despite solid sales. That pattern points to higher overhead, integration or restructuring costs, and a heavier interest burden rather than a demand problem. Overall, the business is clearly profitable, but recent results show margin compression and earnings volatility while the company is in the middle of its strategic transformation.

Balance Sheet

Balance Sheet The balance sheet shows a business that has bulked up through acquisitions. Total assets have stepped up sharply in the latest year, but this comes alongside a sizable jump in debt, so the company is now more leveraged than it was a few years ago. Equity has been growing steadily, which is a positive sign of accumulated value over time. Cash on hand is modest but fairly stable, so liquidity does not appear strained, yet the higher debt load reduces flexibility if conditions weaken. In short, Myers has traded a stronger growth platform and larger scale for a more leveraged capital structure, making balance‑sheet discipline increasingly important.

Cash Flow

Cash Flow Cash flow is a relative bright spot. Operating cash generation has been consistently positive and has generally trended upward, even as earnings have moved around, which suggests a reasonably healthy underlying business. Capital spending is steady and moderate, leaving room for positive free cash flow year after year. That recurring free cash flow helps support the higher debt and provides funds for dividends, buybacks, or further investment, though the cushion is not unlimited. The key question going forward is whether the company can maintain or improve this cash performance as it integrates acquisitions and pursues its transformation program.

Competitive Edge

Competitive Edge Myers operates in specialized corners of the packaging and materials world, with strength in material handling, rotational molding, and engineered plastic solutions. Its portfolio includes long‑standing brands in storage, reusable packaging, containers, and automotive service distribution, which gives it strong relationships and reputation with industrial and commercial customers. The company’s focus on niche, higher-specification products and custom solutions creates switching costs and reduces direct commodity-style competition. A largely domestic manufacturing footprint and broad distribution network support reliability and service responsiveness, which matter in these markets. On the risk side, many of Myers’ end markets—industrial, construction, RV, automotive—are cyclical, and the company must execute well on integrating acquisitions like Signature Systems to fully realize its competitive advantages.

Innovation and R&D

Innovation and R&D Innovation at Myers is tightly tied to manufacturing know‑how and product engineering rather than classic lab-heavy R&D. The company has built deep expertise in advanced polymers and rotational molding, enabling complex, durable parts and specialized containers that are hard to replicate. Recent moves, such as acquiring Signature Systems for its composite mat technology and investing in recycled and sustainable materials, show a clear push toward higher-value, differentiated offerings and environmental positioning. Digital tools in its distribution arm and integrated planning software for its supply chain further strengthen service levels and operational efficiency. The opportunity is to keep turning this technical and process innovation into premium products and cost advantages, while the main risk is execution: integrating new technologies, aligning product roadmaps, and sustaining innovation momentum across a more complex portfolio.

Summary

Myers Industries is in the midst of a strategic shift from a more traditional, mixed portfolio toward a focused, higher-value polymer and material-handling platform. Financially, the story is one of solid revenue growth and reliable cash generation, offset by weaker recent earnings and a higher debt burden tied to acquisitions and transformation efforts. Competitively, the company benefits from niche market leadership, strong brands, and specialized manufacturing capabilities that create a real, if not unassailable, moat. Its emphasis on composite materials, sustainable polymers, and digital tools suggests a forward-looking innovation agenda aligned with infrastructure and industrial trends. The main things to monitor are margin recovery, integration of recent deals, management of leverage, and how effectively Myers streamlines its portfolio to concentrate on its strongest, most profitable segments.

NEWS

November 13, 2025 · 1:00 PM UTC

Myers Industries Appoints Kari Brashear as Chief Legal Officer, Corporate Secretary, and Senior VP of Business Development

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October 30, 2025 · 7:00 AM UTC

Myers Industries Announces Third Quarter 2025 Results

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October 24, 2025 · 8:30 AM UTC

Myers Industries Announces Quarterly Dividend

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October 2, 2025 · 4:30 PM UTC

Myers Industries Announces Reporting Date and Conference Call for 2025 Third Quarter Results

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September 22, 2025 · 9:14 AM UTC

Myers Industries Appoints Helmuth Ludwig to Its Board of Directors

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