Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company operates through two segments, The Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets plastic, metal and rubber products, including plastic reusable containers, pallets, small parts bins, bulk shipping containers, OEM parts, storage and organization, custom plastic products, composite ground protection matting, consumer fuel containers and tanks for water, and fuel and waste handling, as well as offers injection molded, rotationally molded, compression molded or blow molded products. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, construction, infrastructure, 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, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, MTS Xpress, 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $826M | $114M | $35M | $67M | 11.9% | -1.3% | 385.0% |
| 2024 | $836M | $83M | $7M | $55M | 2.6% | 2.9% | -85.3% |
| 2023 | $813M | $95M | $49M | $63M | 16.7% | -9.6% | -18.9% |
| 2022 | $900M | $105M | $60M | $48M | 23.5% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 899.55 | 813.07 | 836.28 | 825.74 |
| Operating Revenue | - | 899.55 | 813.07 | 836.28 | 825.74 |
| Cost Of Revenue | - | 616.18 | 553.98 | 565.48 | 549.69 |
| Gross Profit | - | 283.37 | 259.09 | 270.80 | 276.05 |
| Operating Expense | - | 200.09 | 186.88 | 204.11 | 200.89 |
| Selling General And Administration | - | 199.49 | 178.13 | 186.03 | 183.45 |
| Total Expenses | - | 816.27 | 740.86 | 769.58 | 750.58 |
| Operating Income | - | 83.27 | 72.21 | 66.70 | 75.16 |
| Total Operating Income As Reported | - | 83.94 | 72.40 | 44.48 | 74.56 |
| EBITDA | - | 105.16 | 95.19 | 83.07 | 113.83 |
| Normalized EBITDA | - | 104.49 | 95 | 105.29 | 114.44 |
| EBIT | - | 83.94 | 72.40 | 44.48 | 74.56 |
| Interest Expense | - | 5.73 | 6.35 | 30.94 | 29.42 |
| Net Interest Income | - | -5.73 | -6.35 | -30.94 | -29.42 |
| Other Income Expense | - | 0.67 | 0.20 | -22.22 | -0.60 |
| Interest Expense Non Operating | - | 5.73 | 6.35 | 30.94 | 29.42 |
| Net Non Operating Interest Income Expense | - | -5.73 | -6.35 | -30.94 | -29.42 |
| Pretax Income | - | 78.21 | 66.06 | 13.54 | 45.14 |
| Tax Provision | - | 17.94 | 17.19 | 6.34 | 10.21 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.15 | 0.05 | -4.67 | -0.14 |
| Net Income Continuous Operations | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Net Income From Continuing And Discontinued Operation | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Net Income From Continuing Operation Net Minority Interest | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Net Income | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Net Income Common Stockholders | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Net Income Including Noncontrolling Interests | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Normalized Income | - | 59.75 | 48.72 | 24.75 | 35.40 |
| Diluted NI Availto Com Stockholders | - | 60.27 | 48.87 | 7.20 | 34.93 |
| Basic Average Shares | - | 36.41 | 36.74 | 37.14 | 37.37 |
| Diluted Average Shares | - | 36.79 | 37.10 | 37.40 | 37.56 |
| Reconciled Depreciation | - | 21.22 | 22.79 | 38.59 | 39.28 |
| Reconciled Cost Of Revenue | - | 616.18 | 539.94 | 544.96 | 527.86 |
| Total Unusual Items | - | 0.67 | 0.20 | -22.22 | -0.60 |
| Total Unusual Items Excluding Goodwill | - | 0.67 | 0.20 | -22.22 | -0.60 |
| Net Income Discontinuous Operations | 0 | - | - | - | - |
| Special Income Charges | - | 0.67 | 0.20 | -22.22 | -0.60 |
| Write Off | - | 0 | 0 | 22.02 | 0 |
| Depreciation Amortization Depletion Income Statement | - | - | 8.75 | 18.08 | 17.45 |
| Depreciation And Amortization In Income Statement | - | - | 8.75 | 18.08 | 17.45 |
| General And Administrative Expense | - | - | 167.28 | 174.03 | 172.40 |
| Other Gand A | - | - | 167.28 | 174.03 | 172.40 |
| Gain On Sale Of Ppe | - | 0.67 | 0.20 | -0.20 | -0.60 |
| Other Operating Expenses | - | 0.60 | - | - | - |
| Selling And Marketing Expense | - | - | 10.85 | 12 | 11.05 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Myers Industries, Inc.this co. | MYE | $893M | 25.56β premium | 3.03 | 11.9% | 10.77 |
| Arhaus, Inc. | ARHS | $940M | 13.97 | 2.25 | 16.1% | 7.10 |
| Biglari Holdings Inc. | BH | $930M | -24.80 | 1.78 | -7.2% | 151.51 |
| Petco Health and Wellness Company, Inc. | WOOF | $926M | 102.17 | 0.80 | 0.8% | 10.95 |
| BJ's Restaurants, Inc. | BJRI | $902M |
| - |
| - |
| - |
| - |
| - |
| 18.47 |
| 2.46 |
| 13.3% |
| 10.59 |
| Sweetgreen, Inc. | SG | $876M | -6.53 | 2.46 | -37.6% | -18.57 |
| Standard Motor Products, Inc. | SMP | $875M | 21.17 | 1.28 | 6.0% | 8.16 |
| Arko Corp. | ARKO | $871M | 38.28 | 3.26 | 8.5% | 12.26 |
| Movado Group, Inc. | MOV | $834M | 31.40 | 1.64 | 5.2% | 15.40 |
| Peer Median | - | 19.82 | 2.01 | 5.6% | 10.77 | |