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Myers Industries Inc

myersindustries.com

Myers Industries Inc (NYSE: MYE) is a plastics manufacturing company that produces durable reusable containers, pallets, bulk shipping containers, fuel and water tanks, composite ground protection matting, storage and organizational products, and custom plastic components. Revenue comes from transactional product sales across its Material Handling segment, which generated $622.1 million in net sales for the fiscal year ended December 31, 2025, representing 75% of the company's total segment contribution. Founded in 1933 and headquartered in Akron, Ohio, Myers operates primarily in the United States and Canada with additional facilities in the United Kingdom and Guatemala. The company serves end markets including industrial manufacturing, food processing, agriculture, automotive, recreational vehicles, marine, healthcare, military, retail and wholesale distribution, and infrastructure and construction. Brands include Akro-Mils, Buckhorn, Scepter, Jamco, Signature Systems, Ameri-Kart, Elkhart Plastics, and Trilogy Plastics. The company carries variable-rate debt hedged partially through an interest rate swap, with a net leverage ratio of 2.45 to 1 and interest coverage ratio of 4.29 to 1 as of fiscal year ended December 31, 2025.

Products & Services

Plastic reusable containers and pallets, intermediate bulk containers, small parts bins, fuel and water containers, military ammunition containers, composite ground protection matting, plastic and metal carts, metal cabinets, storage and organizational products, and custom molded plastic components. Manufacturing processes include injection molding, rotational molding, blow molding, compression molding, structural foam molding, and plastic thermoforming.

Revenue Model

Transactional product sales of manufactured plastic and composite goods across industrial, commercial, consumer, and military channels. Products are sold through industrial distributors and direct channels.

Customers & Markets

End markets include industrial manufacturing, food processing, food distribution, agriculture, automotive, recreational vehicles, marine, healthcare, military, appliance, bakery, electronics, textiles, infrastructure and construction, retail distribution, and wholesale distribution. Customers include industrial distributors and direct buyers across these sectors.

Geographic Exposure

Primary operations in the United States and Canada. Additional facilities in Darlington, United Kingdom and Mixco, Guatemala as of the 10-K filed 2026-03-05. Exports globally from North American manufacturing base.

Financial Snapshot

Revenue
TTM
$1.740B
Gross Margin
TTM
26.49%
Net Income
TTM
$50.38M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
160.83%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
306.4M
Cash
2026 Q2
P/E
TTM
25.47
Free Cash Flow
TTM
$450.8M

Stock Price

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Market Cap: $1.283 Billion

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