Login
Companies $MYE
$32.37 +$0.31 (0.97%) Close
Myers Industries Inc logo

Myers Industries Inc

myersindustries.com

What Do They Do?

Manufactures reusable plastic containers and custom plastic products for industrial and consumer markets, and distributes tire-service tools and supplies to tire dealers.

How Do They Make Money?

Customers pay for products when they ship from a Myers facility or arrive at a designated customer location; orders are generally fulfilled within 90 days.

revenue
SegmentShareRevenue
Industrial
Sold outright

31%
FY2022: 27%
Infrastructure
Sold outright

14%
FY2022: 0.0%
Vehicle
Sold outright

11%
FY2022: 18%
Consumer
Sold outright

9.7%
FY2022: 13%
Food and Beverage
Sold outright
9.2%
FY2022: 14%
Auto Aftermarket
Sold outright

25%
FY2022: 28%

Who Are Their Customers?

Industrial and commercial customers buy molded products directly or through distributors; tire dealers and vehicle-service businesses buy equipment and supplies through Myers' sales and distribution network.

Do Revenues Turn Into Profits?

Yes. It kept 4 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.

Operating income, FY2025
9% of revenue
▲ +68% vs FY2024 ($44.5M, 5%)
Net income, FY2025
4% of revenue
▲ +385% vs FY2024 ($7.2M, 1%)
Free cash flow, FY2025
8% of revenue
▲ +23% vs FY2024 ($54.9M, 7%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +10%
vs $163.2M in Q2 FY2025
Net income
▲ +106%
vs $9.7M in Q2 FY2025
Industrial share of revenue vs 40.0% in Q2 FY2025
  • Aug 31, 2026 Sells North American Myers Tire Supply business Sold the tire-supply division for $30,000,000, subject to post-closing adjustments.
  • May 7, 2026 Plans to sell Myers Tire Supply The company said Myers Tire Supply was reported as discontinued operations and cited its decision to sell the business.

Growing. Revenue grew 8% in 4 years, from $761.4M in FY2021 to $825.7M in FY2025, about 2% a year.

Ground-protection products The latest report identifies composite ground-protection matting as a Material Handling product, following the Signature Systems acquisition; the older description centered on reusable containers and molded products.

Revenue over time
Industrial Infrastructure Vehicle Consumer Food and Beverage Auto Aftermarket
$1B$500M$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support