Myers Industries, Inc. (MYE) 10-Year Financial Performance & Capital Metrics

MYE • • Industrial / General

Consumer CyclicalPackagingPlastic & Flexible PackagingPlastic Containers & Closures

AboutMyers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle 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. 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. The company was founded in 1933 and is headquartered in Akron, Ohio.Show more

Revenue $836M +2.9%
EBITDA $83M -12.9%
Net Income $7M -85.3%
EPS (Diluted) 0.19 -85.6%
Gross Margin 32.38% +1.6%
EBITDA Margin 9.91% -15.4%
Operating Margin 5.32% -40.3%
Net Margin 0.86% -85.7%
ROE 2.53% -85.8%
ROIC 6.56% -56.3%
Debt/Equity 1.49 +357.3%
Interest Coverage 1.44 -87.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 80 (top 20%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 10.2%
✓Good 3Y average ROE of 15.4%
✓Healthy dividend yield of 2.7%
✓Trading near 52-week high

✗Weaknesses

✗Profits declining 21.6% over 5 years
✗Dividend payout exceeds 100% of earnings

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.98%

5Y10.15%

3Y3.17%

TTM0.26%

Profit (Net Income) CAGR

10Y-

5Y-21.61%

3Y-40.12%

TTM80.63%

EPS CAGR

10Y-

5Y-22.51%

3Y-40.89%

TTM74.36%

ROCE

10Y Avg12.47%

5Y Avg17.06%

3Y Avg16.29%

Latest8.16%

Peer Comparison

Plastic Containers & Closures

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MYEMyers Industries, Inc.	748.91M	20.02	105.37	2.86%	3.38%	9.73%	7.32%	1.49
TRSTriMas Corporation	1.42B	34.90	59.15	3.52%	4.35%	6.08%	0.9%	0.66

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	601.54M	558.06M	547.04M	566.74M	515.7M	510.37M	761.43M	899.55M	813.07M	836.28M
Revenue Growth %	-0.04%	-0.07%	-0.02%	0.04%	-0.09%	-0.01%	0.49%	0.18%	-0.1%	0.03%
Cost of Goods Sold+	423.26M	393.42M	389.59M	387.44M	344.39M	338.41M	549.11M	615.48M	553.98M	565.48M
COGS % of Revenue	0.7%	0.7%	0.71%	0.68%	0.67%	0.66%	0.72%	0.68%	0.68%	0.68%
Gross Profit+	178.28M	164.64M	157.45M	179.29M	171.31M	171.96M	212.32M	284.07M	259.09M	270.81M
Gross Margin %	0.3%	0.3%	0.29%	0.32%	0.33%	0.34%	0.28%	0.32%	0.32%	0.32%
Gross Profit Growth %	0.09%	-0.08%	-0.04%	0.14%	-0.04%	0%	0.23%	0.34%	-0.09%	0.05%
Operating Expenses+	147.42M	138.6M	135.5M	172.67M	134.05M	118.41M	163.02M	200.13M	186.68M	226.32M
OpEx % of Revenue	0.25%	0.25%	0.25%	0.3%	0.26%	0.23%	0.21%	0.22%	0.23%	0.27%
Selling, General & Admin	147.42M	138.6M	135.5M	139.34M	132.23M	130.33M	163.5M	198.49M	186.88M	198.11M
SG&A % of Revenue	0.25%	0.25%	0.25%	0.25%	0.26%	0.26%	0.21%	0.22%	0.23%	0.24%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	33.33M	1.82M	-11.92M	-482K	1.64M	-195K	28.22M
Operating Income+	30.86M	16.17M	24.89M	6.33M	37.27M	53.55M	49.3M	83.94M	72.41M	44.48M
Operating Margin %	0.05%	0.03%	0.05%	0.01%	0.07%	0.1%	0.06%	0.09%	0.09%	0.05%
Operating Income Growth %	0.23%	-0.48%	0.54%	-0.75%	4.89%	0.44%	-0.08%	0.7%	-0.14%	-0.39%
EBITDA+	65.84M	47.49M	53.22M	32.06M	60.46M	74.08M	69.72M	105.16M	95.19M	82.87M
EBITDA Margin %	0.11%	0.09%	0.1%	0.06%	0.12%	0.15%	0.09%	0.12%	0.12%	0.1%
EBITDA Growth %	0.18%	-0.28%	0.12%	-0.4%	0.89%	0.23%	-0.06%	0.51%	-0.09%	-0.13%
D&A (Non-Cash Add-back)	34.98M	31.33M	28.33M	25.74M	23.2M	20.53M	20.42M	21.22M	22.79M	38.39M
EBIT	32.18M	28.62M	24.36M	29.75M	39.08M	53.76M	48.82M	85.58M	72.41M	44.48M
Net Interest Income+	-9.01M	-8.64M	-7.29M	-4.94M	-4.08M	-4.69M	-4.21M	-5.73M	-6.35M	-30.94M
Interest Income	1.07M	1.26M	1.36M	1.22M	808K	209K	0	0	0	0
Interest Expense	10.08M	9.9M	8.65M	6.16M	4.89M	4.9M	4.21M	5.73M	6.35M	30.94M
Other Income/Expense	-9.01M	-8.64M	-9.18M	-4.94M	-4.08M	-4.69M	-4.21M	-5.73M	-6.35M	-30.94M
Pretax Income+	21.86M	8M	15.71M	1.39M	33.18M	48.86M	45.09M	78.21M	66.06M	13.54M
Pretax Margin %	0.04%	0.01%	0.03%	0%	0.06%	0.1%	0.06%	0.09%	0.08%	0.02%
Income Tax+	7.81M	6.47M	4.86M	3.04M	8.97M	12.09M	11.55M	17.94M	17.19M	6.34M
Effective Tax Rate %	0.79%	0.13%	-0.63%	-2.41%	0.73%	0.75%	0.74%	0.77%	0.74%	0.53%
Net Income+	17.17M	1.06M	-9.89M	-3.35M	24.33M	36.77M	33.54M	60.27M	48.87M	7.2M
Net Margin %	0.03%	0%	-0.02%	-0.01%	0.05%	0.07%	0.04%	0.07%	0.06%	0.01%
Net Income Growth %	3.7%	-0.94%	-10.36%	0.66%	8.27%	0.51%	-0.09%	0.8%	-0.19%	-0.85%
Net Income (Continuing)	14.05M	11.32M	10.84M	-1.65M	24.21M	36.77M	33.54M	60.27M	48.87M	7.2M
Discontinued Operations	291K	0	0	0	118K	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	0.03	-0.32	-0.10	0.68	1.02	0.92	1.64	1.32	0.19
EPS Growth %	3.89%	-0.95%	-11.67%	0.69%	7.8%	0.5%	-0.1%	0.78%	-0.2%	-0.86%
EPS (Basic)	0.56	0.03	-0.33	-0.10	0.69	1.03	0.93	1.66	1.33	0.19
Diluted Shares Outstanding	30.94M	29.97M	30.56M	33.43M	35.65M	35.92M	36.36M	35.92M	37.1M	37.4M
Basic Shares Outstanding	30.62M	29.75M	30.22M	32.96M	35.49M	35.79M	36.14M	35.92M	36.74M	37.14M
Dividend Payout Ratio	0.97%	15.35%	-	-	0.79%	0.53%	0.58%	0.33%	0.41%	2.84%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	154.31M	141.15M	150.01M	182.85M	185.04M	183.73M	219.91M	257.21M	256.62M	259.31M
Cash & Short-Term Investments	7.34M	7.89M	2.52M	58.89M	75.53M	28.3M	17.66M	23.14M	30.29M	32.22M
Cash Only	7.34M	7.89M	2.52M	58.89M	75.53M	28.3M	17.66M	23.14M	30.29M	32.22M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	77.63M	66.49M	89.6M	77.83M	62.42M	84.75M	103.21M	133.72M	128.63M	122.03M
Days Sales Outstanding	47.11	43.49	59.79	50.13	44.18	60.61	49.47	54.26	57.75	53.26
Inventory	54.74M	46.02M	47.02M	43.6M	44.26M	65.92M	93.55M	93.35M	90.84M	97M
Days Inventory Outstanding	47.2	42.7	44.06	41.07	46.91	71.1	62.18	55.36	59.85	62.61
Other Current Assets	8.63M	25.04M	8.66M	0	0	0	0	7M	6.85M	8.06M
Total Non-Current Assets+	275.79M	240.53M	205.93M	165.79M	168.1M	216.28M	264.63M	285.43M	285.01M	601.51M
Property, Plant & Equipment	130.77M	111.48M	83.9M	65.46M	60.87M	92.34M	121.33M	130.47M	135.92M	168.13M
Fixed Asset Turnover	4.60x	5.01x	6.52x	8.66x	8.47x	5.53x	6.28x	6.89x	5.98x	4.97x
Goodwill	64.03M	59.22M	59.97M	59.07M	66.77M	79.26M	88.78M	95.16M	95.39M	255.53M
Intangible Assets	58.53M	47.99M	39.05M	30.28M	30.75M	41.04M	50.18M	51.75M	45.13M	166.32M
Long-Term Investments	-123.41M	-107.43M	-99.14M	-89.35M	0	-120.29M	0	0	0	0
Other Non-Current Assets	145.02M	129.05M	122.03M	95.06M	3.9M	123.86M	4.24M	7.92M	8.36M	11.32M
Total Assets+	430.1M	381.68M	355.94M	348.64M	353.14M	400.01M	484.55M	542.63M	541.63M	860.82M
Asset Turnover	1.40x	1.46x	1.54x	1.63x	1.46x	1.28x	1.57x	1.66x	1.50x	0.97x
Asset Growth %	-0.24%	-0.11%	-0.07%	-0.02%	0.01%	0.13%	0.21%	0.12%	-0%	0.59%
Total Current Liabilities+	117.9M	79.31M	98.65M	97.42M	82.63M	142.25M	132.5M	137.76M	165.11M	147.11M
Accounts Payable	71.31M	47.57M	63.58M	60.85M	46.87M	61.15M	81.69M	73.54M	79.05M	71.05M
Days Payables Outstanding	61.49	44.14	59.57	57.32	49.67	65.95	54.3	43.61	52.08	45.86
Short-Term Debt	0	0	0	0	0	39.99M	0	0	26M	19.65M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	13.85M	10.02M	8M	9.09M	14.02M	2.85M	23.05M	27.95M	38.04M	30.48M
Current Ratio	1.31x	1.78x	1.52x	1.88x	2.24x	1.29x	1.66x	1.87x	1.55x	1.76x
Quick Ratio	0.84x	1.20x	1.04x	1.43x	1.70x	0.83x	0.95x	1.19x	1.00x	1.10x
Cash Conversion Cycle	32.82	42.05	44.27	33.87	41.42	65.75	57.36	66.01	65.52	70.01
Total Non-Current Liabilities+	215.08M	209.34M	163.54M	96.58M	103.83M	68.67M	142.72M	148.44M	83.72M	436.19M
Long-Term Debt	193.01M	189.52M	151.04M	76.79M	77.18M	37.58M	90.94M	93.96M	31.99M	355.31M
Capital Lease Obligations	0	0	0	0	14.8M	13.76M	33.25M	31.7M	30.97M	31.69M
Deferred Tax Liabilities	9.72M	10.58M	4.26M	-1.24M	0	2.96M	5.44M	7.51M	8.66M	33.88M
Other Non-Current Liabilities	11.55M	19.82M	8.24M	18.56M	11.86M	14.37M	13.09M	15.27M	12.11M	15.3M
Total Liabilities	332.99M	288.65M	262.19M	194.01M	186.46M	210.91M	275.22M	286.21M	248.83M	583.3M
Total Debt+	193.01M	189.52M	151.04M	76.79M	94.03M	95.69M	130.04M	132.36M	95.49M	413.87M
Net Debt	185.66M	181.63M	148.52M	17.9M	18.5M	67.39M	112.38M	109.22M	65.2M	381.65M
Debt / Equity	1.99x	2.04x	1.61x	0.50x	0.56x	0.51x	0.62x	0.52x	0.33x	1.49x
Debt / EBITDA	2.93x	3.99x	2.84x	2.39x	1.56x	1.29x	1.87x	1.26x	1.00x	4.99x
Net Debt / EBITDA	2.82x	3.82x	2.79x	0.56x	0.31x	0.91x	1.61x	1.04x	0.68x	4.61x
Interest Coverage	3.06x	1.63x	2.88x	1.03x	7.62x	10.94x	11.72x	14.65x	11.40x	1.44x
Total Equity+	97.11M	93.03M	93.75M	154.64M	166.68M	189.1M	209.32M	256.43M	292.8M	277.51M
Equity Growth %	-0.35%	-0.04%	0.01%	0.65%	0.08%	0.13%	0.11%	0.23%	0.14%	-0.05%
Book Value per Share	3.14	3.10	3.07	4.63	4.68	5.26	5.76	7.14	7.89	7.42
Total Shareholders' Equity	97.11M	93.03M	93.75M	154.64M	166.68M	189.1M	209.32M	256.43M	292.8M	277.51M
Common Stock	17.89M	18.23M	18.55M	21.55M	21.79M	21.94M	22.17M	22.33M	22.61M	22.92M
Retained Earnings	-77.83M	-93.06M	-119.51M	-141.19M	-135.12M	-117.92M	-104.17M	-63.98M	-35.52M	-48.46M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-39.11M	-34.17M	-14.54M	-18.28M	-16.35M	-15.77M	-15.4M	-17.79M	-16.82M	-22.11M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	37.73M	33.72M	44.44M	61.25M	54.32M	46.51M	44.91M	72.62M	86.17M	79.29M
Operating CF Margin %	0.06%	0.06%	0.08%	0.11%	0.11%	0.09%	0.06%	0.08%	0.11%	0.09%
Operating CF Growth %	-0.03%	-0.11%	0.32%	0.38%	-0.11%	-0.14%	-0.03%	0.62%	0.19%	-0.08%
Net Income	17.17M	1.06M	-9.89M	-3.35M	24.33M	36.77M	33.54M	60.27M	48.87M	7.2M
Depreciation & Amortization	34.98M	34.47M	28.84M	26.12M	23.58M	20.93M	20.42M	21.22M	22.79M	38.59M
Stock-Based Compensation	4.93M	3.36M	3.63M	4.26M	1.72M	3.53M	3.2M	7.44M	6.67M	1.66M
Deferred Taxes	-1.7M	-243K	-5.66M	-9.45M	-922K	8.73M	2.83M	2.07M	1.04M	-6.05M
Other Non-Cash Items	-16.34M	7.87M	14.93M	35.05M	11.84M	-10.5M	-2.32M	1.29M	1.06M	28.29M
Working Capital Changes	-1.31M	-12.78M	12.6M	8.62M	-6.23M	-12.96M	-12.75M	-19.66M	5.75M	9.59M
Change in Receivables	4.85M	4.31M	-6.76M	4.93M	12.48M	-11.59M	-15.27M	-23.63M	2.66M	26.82M
Change in Inventory	5.27M	9.72M	-1.88M	3.15M	2.22M	-7.87M	-24.89M	7.96M	2.63M	6.23M
Change in Payables	-12.53M	-27.32M	18.3M	713K	0	-20.69M	0	0	310K	-22.93M
Cash from Investing+	47.72M	-16.09M	4.14M	-2.49M	-20.76M	-75.55M	-50.29M	-50.38M	-22.76M	-372.5M
Capital Expenditures	-23.73M	-12.52M	-5.81M	-5.12M	-10.29M	-13.42M	-17.87M	-24.29M	-22.86M	-24.43M
CapEx % of Revenue	0.04%	0.02%	0.01%	0.01%	0.02%	0.03%	0.02%	0.03%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	680K	468K	9.95M	2.63M	7.54M	1.2M	3.34M	1.54M	258K	242K
Cash from Financing+	-81.82M	-17.75M	-53.74M	-10.76M	-16.99M	-18.32M	-5.19M	-16.32M	-56.52M	295.1M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-16.68M	-16.22M	-16.34M	-17.86M	-19.32M	-19.43M	-19.6M	-19.8M	-20.24M	-20.43M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-937K	-1.1M	-1.65M	-714K	-1.01M	-623K	-888K	-451K	-2.07M	-11.22M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	14.01M	21.2M	38.63M	56.13M	44.03M	33.09M	27.05M	48.33M	63.32M	54.86M
FCF Margin %	0.02%	0.04%	0.07%	0.1%	0.09%	0.06%	0.04%	0.05%	0.08%	0.07%
FCF Growth %	-0.06%	0.51%	0.82%	0.45%	-0.22%	-0.25%	-0.18%	0.79%	0.31%	-0.13%
FCF per Share	0.45	0.71	1.26	1.68	1.23	0.92	0.74	1.35	1.71	1.47
FCF Conversion (FCF/Net Income)	2.20x	31.90x	-4.49x	-18.29x	2.23x	1.26x	1.34x	1.20x	1.76x	11.01x
Interest Paid	10.13M	8.92M	8.91M	6.24M	4.66M	4.5M	4.28M	4.57M	5.98M	31.65M
Taxes Paid	10.14M	8.14M	5.65M	5.54M	11.44M	5.36M	10.94M	13.02M	13.45M	13.04M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.96%	1.11%	-10.59%	-2.7%	15.15%	20.67%	16.84%	25.88%	17.79%	2.53%
Return on Invested Capital (ROIC)	6.98%	4.35%	7.22%	2.29%	15.63%	18.19%	12.79%	18.32%	15.01%	6.56%
Gross Margin	29.64%	29.5%	28.78%	31.64%	33.22%	33.69%	27.88%	31.58%	31.87%	32.38%
Net Margin	2.85%	0.19%	-1.81%	-0.59%	4.72%	7.2%	4.4%	6.7%	6.01%	0.86%
Debt / Equity	1.99x	2.04x	1.61x	0.50x	0.56x	0.51x	0.62x	0.52x	0.33x	1.49x
Interest Coverage	3.06x	1.63x	2.88x	1.03x	7.62x	10.94x	11.72x	14.65x	11.40x	1.44x
FCF Conversion	2.20x	31.90x	-4.49x	-18.29x	2.23x	1.26x	1.34x	1.20x	1.76x	11.01x
Revenue Growth	-3.55%	-7.23%	-1.97%	3.6%	-9.01%	-1.03%	49.19%	18.14%	-9.61%	2.86%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Industrial	-	-	-	142.07M	133.89M	119.69M	193.16M	243.99M	221.59M	240.77M
Industrial Growth	-	-	-	-	-5.75%	-10.61%	61.39%	26.31%	-9.18%	8.65%
Auto Aftermarket	-	-	-	149.64M	159.35M	166.54M	197.43M	251.97M	257.88M	214.77M
Auto Aftermarket Growth	-	-	-	-	6.49%	4.52%	18.54%	27.62%	2.35%	-16.72%
Vehicle	-	-	-	95.25M	82.77M	77.08M	170.32M	165.14M	123.16M	107.18M
Vehicle Growth	-	-	-	-	-13.10%	-6.87%	120.95%	-3.04%	-25.42%	-12.97%
Infrastructure	-	-	-	-	-	-	-	-	-	102.69M
Infrastructure Growth	-	-	-	-	-	-	-	-	-	-
Consumer	-	-	-	78.17M	71.27M	92.3M	116.71M	113.34M	92.38M	96.17M
Consumer Growth	-	-	-	-	-8.83%	29.51%	26.44%	-2.89%	-18.49%	4.11%
Food and Beverage	-	-	-	-	-	-	83.82M	125.11M	118.06M	74.7M
Food and Beverage Growth	-	-	-	-	-	-	-	49.27%	-5.63%	-36.73%
Food And Beverage	-	-	-	101.61M	68.42M	54.75M	-	-	-	-
Food And Beverage Growth	-	-	-	-	-32.67%	-19.97%	-	-	-	-
Material Handling	414.03M	387.51M	391.31M	-	-	-	-	-	-	-
Material Handling Growth	-	-6.40%	0.98%	-	-	-	-	-	-	-
Distribution	187.64M	170.66M	156.43M	-	-	-	-	-	-	-
Distribution Growth	-	-9.05%	-8.34%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Non-US	-	-	-	-	-	-	-	-	46.1M	46.3M
Non-US Growth	-	-	-	-	-	-	-	-	-	0.43%
Non Us	105.6M	87.8M	53.9M	-	-	-	-	-	-	-
Non Us Growth	-	-16.86%	-38.61%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Myers Industries, Inc. (MYE) has a price-to-earnings (P/E) ratio of 105.4x. This suggests investors expect higher future growth.

Growth & Financials

Myers Industries, Inc. (MYE) reported $825.6M in revenue for fiscal year 2024. This represents a 9% increase from $755.7M in 2011.

Myers Industries, Inc. (MYE) grew revenue by 2.9% over the past year. Growth has been modest.

Yes, Myers Industries, Inc. (MYE) is profitable, generating $27.9M in net income for fiscal year 2024 (0.9% net margin).

Dividend & Returns

Yes, Myers Industries, Inc. (MYE) pays a dividend with a yield of 2.73%. This makes it attractive for income-focused investors.

Myers Industries, Inc. (MYE) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.

Myers Industries, Inc. (MYE) generated $68.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Myers Industries, Inc. (MYE) 10-Year Financial Performance & Capital Metrics

MYE • • Industrial / General

Consumer CyclicalPackagingPlastic & Flexible PackagingPlastic Containers & Closures

Revenue $836M +2.9%
EBITDA $83M -12.9%
Net Income $7M -85.3%
EPS (Diluted) 0.19 -85.6%
Gross Margin 32.38% +1.6%
EBITDA Margin 9.91% -15.4%
Operating Margin 5.32% -40.3%
Net Margin 0.86% -85.7%
ROE 2.53% -85.8%
ROIC 6.56% -56.3%
Debt/Equity 1.49 +357.3%
Interest Coverage 1.44 -87.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 80 (top 20%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 10.2%
✓Good 3Y average ROE of 15.4%
✓Healthy dividend yield of 2.7%
✓Trading near 52-week high

✗Weaknesses

✗Profits declining 21.6% over 5 years
✗Dividend payout exceeds 100% of earnings

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.98%

5Y10.15%

3Y3.17%

TTM0.26%

Profit (Net Income) CAGR

10Y-

5Y-21.61%

3Y-40.12%

TTM80.63%

EPS CAGR

10Y-

5Y-22.51%

3Y-40.89%

TTM74.36%

ROCE

10Y Avg12.47%

5Y Avg17.06%

3Y Avg16.29%

Latest8.16%

Peer Comparison

Plastic Containers & Closures

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MYEMyers Industries, Inc.	748.91M	20.02	105.37	2.86%	3.38%	9.73%	7.32%	1.49
TRSTriMas Corporation	1.42B	34.90	59.15	3.52%	4.35%	6.08%	0.9%	0.66

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	601.54M	558.06M	547.04M	566.74M	515.7M	510.37M	761.43M	899.55M	813.07M	836.28M
Revenue Growth %	-0.04%	-0.07%	-0.02%	0.04%	-0.09%	-0.01%	0.49%	0.18%	-0.1%	0.03%
Cost of Goods Sold+	423.26M	393.42M	389.59M	387.44M	344.39M	338.41M	549.11M	615.48M	553.98M	565.48M
COGS % of Revenue	0.7%	0.7%	0.71%	0.68%	0.67%	0.66%	0.72%	0.68%	0.68%	0.68%
Gross Profit+	178.28M	164.64M	157.45M	179.29M	171.31M	171.96M	212.32M	284.07M	259.09M	270.81M
Gross Margin %	0.3%	0.3%	0.29%	0.32%	0.33%	0.34%	0.28%	0.32%	0.32%	0.32%
Gross Profit Growth %	0.09%	-0.08%	-0.04%	0.14%	-0.04%	0%	0.23%	0.34%	-0.09%	0.05%
Operating Expenses+	147.42M	138.6M	135.5M	172.67M	134.05M	118.41M	163.02M	200.13M	186.68M	226.32M
OpEx % of Revenue	0.25%	0.25%	0.25%	0.3%	0.26%	0.23%	0.21%	0.22%	0.23%	0.27%
Selling, General & Admin	147.42M	138.6M	135.5M	139.34M	132.23M	130.33M	163.5M	198.49M	186.88M	198.11M
SG&A % of Revenue	0.25%	0.25%	0.25%	0.25%	0.26%	0.26%	0.21%	0.22%	0.23%	0.24%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	33.33M	1.82M	-11.92M	-482K	1.64M	-195K	28.22M
Operating Income+	30.86M	16.17M	24.89M	6.33M	37.27M	53.55M	49.3M	83.94M	72.41M	44.48M
Operating Margin %	0.05%	0.03%	0.05%	0.01%	0.07%	0.1%	0.06%	0.09%	0.09%	0.05%
Operating Income Growth %	0.23%	-0.48%	0.54%	-0.75%	4.89%	0.44%	-0.08%	0.7%	-0.14%	-0.39%
EBITDA+	65.84M	47.49M	53.22M	32.06M	60.46M	74.08M	69.72M	105.16M	95.19M	82.87M
EBITDA Margin %	0.11%	0.09%	0.1%	0.06%	0.12%	0.15%	0.09%	0.12%	0.12%	0.1%
EBITDA Growth %	0.18%	-0.28%	0.12%	-0.4%	0.89%	0.23%	-0.06%	0.51%	-0.09%	-0.13%
D&A (Non-Cash Add-back)	34.98M	31.33M	28.33M	25.74M	23.2M	20.53M	20.42M	21.22M	22.79M	38.39M
EBIT	32.18M	28.62M	24.36M	29.75M	39.08M	53.76M	48.82M	85.58M	72.41M	44.48M
Net Interest Income+	-9.01M	-8.64M	-7.29M	-4.94M	-4.08M	-4.69M	-4.21M	-5.73M	-6.35M	-30.94M
Interest Income	1.07M	1.26M	1.36M	1.22M	808K	209K	0	0	0	0
Interest Expense	10.08M	9.9M	8.65M	6.16M	4.89M	4.9M	4.21M	5.73M	6.35M	30.94M
Other Income/Expense	-9.01M	-8.64M	-9.18M	-4.94M	-4.08M	-4.69M	-4.21M	-5.73M	-6.35M	-30.94M
Pretax Income+	21.86M	8M	15.71M	1.39M	33.18M	48.86M	45.09M	78.21M	66.06M	13.54M
Pretax Margin %	0.04%	0.01%	0.03%	0%	0.06%	0.1%	0.06%	0.09%	0.08%	0.02%
Income Tax+	7.81M	6.47M	4.86M	3.04M	8.97M	12.09M	11.55M	17.94M	17.19M	6.34M
Effective Tax Rate %	0.79%	0.13%	-0.63%	-2.41%	0.73%	0.75%	0.74%	0.77%	0.74%	0.53%
Net Income+	17.17M	1.06M	-9.89M	-3.35M	24.33M	36.77M	33.54M	60.27M	48.87M	7.2M
Net Margin %	0.03%	0%	-0.02%	-0.01%	0.05%	0.07%	0.04%	0.07%	0.06%	0.01%
Net Income Growth %	3.7%	-0.94%	-10.36%	0.66%	8.27%	0.51%	-0.09%	0.8%	-0.19%	-0.85%
Net Income (Continuing)	14.05M	11.32M	10.84M	-1.65M	24.21M	36.77M	33.54M	60.27M	48.87M	7.2M
Discontinued Operations	291K	0	0	0	118K	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	0.03	-0.32	-0.10	0.68	1.02	0.92	1.64	1.32	0.19
EPS Growth %	3.89%	-0.95%	-11.67%	0.69%	7.8%	0.5%	-0.1%	0.78%	-0.2%	-0.86%
EPS (Basic)	0.56	0.03	-0.33	-0.10	0.69	1.03	0.93	1.66	1.33	0.19
Diluted Shares Outstanding	30.94M	29.97M	30.56M	33.43M	35.65M	35.92M	36.36M	35.92M	37.1M	37.4M
Basic Shares Outstanding	30.62M	29.75M	30.22M	32.96M	35.49M	35.79M	36.14M	35.92M	36.74M	37.14M
Dividend Payout Ratio	0.97%	15.35%	-	-	0.79%	0.53%	0.58%	0.33%	0.41%	2.84%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	154.31M	141.15M	150.01M	182.85M	185.04M	183.73M	219.91M	257.21M	256.62M	259.31M
Cash & Short-Term Investments	7.34M	7.89M	2.52M	58.89M	75.53M	28.3M	17.66M	23.14M	30.29M	32.22M
Cash Only	7.34M	7.89M	2.52M	58.89M	75.53M	28.3M	17.66M	23.14M	30.29M	32.22M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	77.63M	66.49M	89.6M	77.83M	62.42M	84.75M	103.21M	133.72M	128.63M	122.03M
Days Sales Outstanding	47.11	43.49	59.79	50.13	44.18	60.61	49.47	54.26	57.75	53.26
Inventory	54.74M	46.02M	47.02M	43.6M	44.26M	65.92M	93.55M	93.35M	90.84M	97M
Days Inventory Outstanding	47.2	42.7	44.06	41.07	46.91	71.1	62.18	55.36	59.85	62.61
Other Current Assets	8.63M	25.04M	8.66M	0	0	0	0	7M	6.85M	8.06M
Total Non-Current Assets+	275.79M	240.53M	205.93M	165.79M	168.1M	216.28M	264.63M	285.43M	285.01M	601.51M
Property, Plant & Equipment	130.77M	111.48M	83.9M	65.46M	60.87M	92.34M	121.33M	130.47M	135.92M	168.13M
Fixed Asset Turnover	4.60x	5.01x	6.52x	8.66x	8.47x	5.53x	6.28x	6.89x	5.98x	4.97x
Goodwill	64.03M	59.22M	59.97M	59.07M	66.77M	79.26M	88.78M	95.16M	95.39M	255.53M
Intangible Assets	58.53M	47.99M	39.05M	30.28M	30.75M	41.04M	50.18M	51.75M	45.13M	166.32M
Long-Term Investments	-123.41M	-107.43M	-99.14M	-89.35M	0	-120.29M	0	0	0	0
Other Non-Current Assets	145.02M	129.05M	122.03M	95.06M	3.9M	123.86M	4.24M	7.92M	8.36M	11.32M
Total Assets+	430.1M	381.68M	355.94M	348.64M	353.14M	400.01M	484.55M	542.63M	541.63M	860.82M
Asset Turnover	1.40x	1.46x	1.54x	1.63x	1.46x	1.28x	1.57x	1.66x	1.50x	0.97x
Asset Growth %	-0.24%	-0.11%	-0.07%	-0.02%	0.01%	0.13%	0.21%	0.12%	-0%	0.59%
Total Current Liabilities+	117.9M	79.31M	98.65M	97.42M	82.63M	142.25M	132.5M	137.76M	165.11M	147.11M
Accounts Payable	71.31M	47.57M	63.58M	60.85M	46.87M	61.15M	81.69M	73.54M	79.05M	71.05M
Days Payables Outstanding	61.49	44.14	59.57	57.32	49.67	65.95	54.3	43.61	52.08	45.86
Short-Term Debt	0	0	0	0	0	39.99M	0	0	26M	19.65M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	13.85M	10.02M	8M	9.09M	14.02M	2.85M	23.05M	27.95M	38.04M	30.48M
Current Ratio	1.31x	1.78x	1.52x	1.88x	2.24x	1.29x	1.66x	1.87x	1.55x	1.76x
Quick Ratio	0.84x	1.20x	1.04x	1.43x	1.70x	0.83x	0.95x	1.19x	1.00x	1.10x
Cash Conversion Cycle	32.82	42.05	44.27	33.87	41.42	65.75	57.36	66.01	65.52	70.01
Total Non-Current Liabilities+	215.08M	209.34M	163.54M	96.58M	103.83M	68.67M	142.72M	148.44M	83.72M	436.19M
Long-Term Debt	193.01M	189.52M	151.04M	76.79M	77.18M	37.58M	90.94M	93.96M	31.99M	355.31M
Capital Lease Obligations	0	0	0	0	14.8M	13.76M	33.25M	31.7M	30.97M	31.69M
Deferred Tax Liabilities	9.72M	10.58M	4.26M	-1.24M	0	2.96M	5.44M	7.51M	8.66M	33.88M
Other Non-Current Liabilities	11.55M	19.82M	8.24M	18.56M	11.86M	14.37M	13.09M	15.27M	12.11M	15.3M
Total Liabilities	332.99M	288.65M	262.19M	194.01M	186.46M	210.91M	275.22M	286.21M	248.83M	583.3M
Total Debt+	193.01M	189.52M	151.04M	76.79M	94.03M	95.69M	130.04M	132.36M	95.49M	413.87M
Net Debt	185.66M	181.63M	148.52M	17.9M	18.5M	67.39M	112.38M	109.22M	65.2M	381.65M
Debt / Equity	1.99x	2.04x	1.61x	0.50x	0.56x	0.51x	0.62x	0.52x	0.33x	1.49x
Debt / EBITDA	2.93x	3.99x	2.84x	2.39x	1.56x	1.29x	1.87x	1.26x	1.00x	4.99x
Net Debt / EBITDA	2.82x	3.82x	2.79x	0.56x	0.31x	0.91x	1.61x	1.04x	0.68x	4.61x
Interest Coverage	3.06x	1.63x	2.88x	1.03x	7.62x	10.94x	11.72x	14.65x	11.40x	1.44x
Total Equity+	97.11M	93.03M	93.75M	154.64M	166.68M	189.1M	209.32M	256.43M	292.8M	277.51M
Equity Growth %	-0.35%	-0.04%	0.01%	0.65%	0.08%	0.13%	0.11%	0.23%	0.14%	-0.05%
Book Value per Share	3.14	3.10	3.07	4.63	4.68	5.26	5.76	7.14	7.89	7.42
Total Shareholders' Equity	97.11M	93.03M	93.75M	154.64M	166.68M	189.1M	209.32M	256.43M	292.8M	277.51M
Common Stock	17.89M	18.23M	18.55M	21.55M	21.79M	21.94M	22.17M	22.33M	22.61M	22.92M
Retained Earnings	-77.83M	-93.06M	-119.51M	-141.19M	-135.12M	-117.92M	-104.17M	-63.98M	-35.52M	-48.46M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-39.11M	-34.17M	-14.54M	-18.28M	-16.35M	-15.77M	-15.4M	-17.79M	-16.82M	-22.11M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	37.73M	33.72M	44.44M	61.25M	54.32M	46.51M	44.91M	72.62M	86.17M	79.29M
Operating CF Margin %	0.06%	0.06%	0.08%	0.11%	0.11%	0.09%	0.06%	0.08%	0.11%	0.09%
Operating CF Growth %	-0.03%	-0.11%	0.32%	0.38%	-0.11%	-0.14%	-0.03%	0.62%	0.19%	-0.08%
Net Income	17.17M	1.06M	-9.89M	-3.35M	24.33M	36.77M	33.54M	60.27M	48.87M	7.2M
Depreciation & Amortization	34.98M	34.47M	28.84M	26.12M	23.58M	20.93M	20.42M	21.22M	22.79M	38.59M
Stock-Based Compensation	4.93M	3.36M	3.63M	4.26M	1.72M	3.53M	3.2M	7.44M	6.67M	1.66M
Deferred Taxes	-1.7M	-243K	-5.66M	-9.45M	-922K	8.73M	2.83M	2.07M	1.04M	-6.05M
Other Non-Cash Items	-16.34M	7.87M	14.93M	35.05M	11.84M	-10.5M	-2.32M	1.29M	1.06M	28.29M
Working Capital Changes	-1.31M	-12.78M	12.6M	8.62M	-6.23M	-12.96M	-12.75M	-19.66M	5.75M	9.59M
Change in Receivables	4.85M	4.31M	-6.76M	4.93M	12.48M	-11.59M	-15.27M	-23.63M	2.66M	26.82M
Change in Inventory	5.27M	9.72M	-1.88M	3.15M	2.22M	-7.87M	-24.89M	7.96M	2.63M	6.23M
Change in Payables	-12.53M	-27.32M	18.3M	713K	0	-20.69M	0	0	310K	-22.93M
Cash from Investing+	47.72M	-16.09M	4.14M	-2.49M	-20.76M	-75.55M	-50.29M	-50.38M	-22.76M	-372.5M
Capital Expenditures	-23.73M	-12.52M	-5.81M	-5.12M	-10.29M	-13.42M	-17.87M	-24.29M	-22.86M	-24.43M
CapEx % of Revenue	0.04%	0.02%	0.01%	0.01%	0.02%	0.03%	0.02%	0.03%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	680K	468K	9.95M	2.63M	7.54M	1.2M	3.34M	1.54M	258K	242K
Cash from Financing+	-81.82M	-17.75M	-53.74M	-10.76M	-16.99M	-18.32M	-5.19M	-16.32M	-56.52M	295.1M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-16.68M	-16.22M	-16.34M	-17.86M	-19.32M	-19.43M	-19.6M	-19.8M	-20.24M	-20.43M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-937K	-1.1M	-1.65M	-714K	-1.01M	-623K	-888K	-451K	-2.07M	-11.22M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	14.01M	21.2M	38.63M	56.13M	44.03M	33.09M	27.05M	48.33M	63.32M	54.86M
FCF Margin %	0.02%	0.04%	0.07%	0.1%	0.09%	0.06%	0.04%	0.05%	0.08%	0.07%
FCF Growth %	-0.06%	0.51%	0.82%	0.45%	-0.22%	-0.25%	-0.18%	0.79%	0.31%	-0.13%
FCF per Share	0.45	0.71	1.26	1.68	1.23	0.92	0.74	1.35	1.71	1.47
FCF Conversion (FCF/Net Income)	2.20x	31.90x	-4.49x	-18.29x	2.23x	1.26x	1.34x	1.20x	1.76x	11.01x
Interest Paid	10.13M	8.92M	8.91M	6.24M	4.66M	4.5M	4.28M	4.57M	5.98M	31.65M
Taxes Paid	10.14M	8.14M	5.65M	5.54M	11.44M	5.36M	10.94M	13.02M	13.45M	13.04M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.96%	1.11%	-10.59%	-2.7%	15.15%	20.67%	16.84%	25.88%	17.79%	2.53%
Return on Invested Capital (ROIC)	6.98%	4.35%	7.22%	2.29%	15.63%	18.19%	12.79%	18.32%	15.01%	6.56%
Gross Margin	29.64%	29.5%	28.78%	31.64%	33.22%	33.69%	27.88%	31.58%	31.87%	32.38%
Net Margin	2.85%	0.19%	-1.81%	-0.59%	4.72%	7.2%	4.4%	6.7%	6.01%	0.86%
Debt / Equity	1.99x	2.04x	1.61x	0.50x	0.56x	0.51x	0.62x	0.52x	0.33x	1.49x
Interest Coverage	3.06x	1.63x	2.88x	1.03x	7.62x	10.94x	11.72x	14.65x	11.40x	1.44x
FCF Conversion	2.20x	31.90x	-4.49x	-18.29x	2.23x	1.26x	1.34x	1.20x	1.76x	11.01x
Revenue Growth	-3.55%	-7.23%	-1.97%	3.6%	-9.01%	-1.03%	49.19%	18.14%	-9.61%	2.86%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Industrial	-	-	-	142.07M	133.89M	119.69M	193.16M	243.99M	221.59M	240.77M
Industrial Growth	-	-	-	-	-5.75%	-10.61%	61.39%	26.31%	-9.18%	8.65%
Auto Aftermarket	-	-	-	149.64M	159.35M	166.54M	197.43M	251.97M	257.88M	214.77M
Auto Aftermarket Growth	-	-	-	-	6.49%	4.52%	18.54%	27.62%	2.35%	-16.72%
Vehicle	-	-	-	95.25M	82.77M	77.08M	170.32M	165.14M	123.16M	107.18M
Vehicle Growth	-	-	-	-	-13.10%	-6.87%	120.95%	-3.04%	-25.42%	-12.97%
Infrastructure	-	-	-	-	-	-	-	-	-	102.69M
Infrastructure Growth	-	-	-	-	-	-	-	-	-	-
Consumer	-	-	-	78.17M	71.27M	92.3M	116.71M	113.34M	92.38M	96.17M
Consumer Growth	-	-	-	-	-8.83%	29.51%	26.44%	-2.89%	-18.49%	4.11%
Food and Beverage	-	-	-	-	-	-	83.82M	125.11M	118.06M	74.7M
Food and Beverage Growth	-	-	-	-	-	-	-	49.27%	-5.63%	-36.73%
Food And Beverage	-	-	-	101.61M	68.42M	54.75M	-	-	-	-
Food And Beverage Growth	-	-	-	-	-32.67%	-19.97%	-	-	-	-
Material Handling	414.03M	387.51M	391.31M	-	-	-	-	-	-	-
Material Handling Growth	-	-6.40%	0.98%	-	-	-	-	-	-	-
Distribution	187.64M	170.66M	156.43M	-	-	-	-	-	-	-
Distribution Growth	-	-9.05%	-8.34%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Non-US	-	-	-	-	-	-	-	-	46.1M	46.3M
Non-US Growth	-	-	-	-	-	-	-	-	-	0.43%
Non Us	105.6M	87.8M	53.9M	-	-	-	-	-	-	-
Non Us Growth	-	-16.86%	-38.61%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Myers Industries, Inc. (MYE) has a price-to-earnings (P/E) ratio of 105.4x. This suggests investors expect higher future growth.

Growth & Financials

Myers Industries, Inc. (MYE) reported $825.6M in revenue for fiscal year 2024. This represents a 9% increase from $755.7M in 2011.

Myers Industries, Inc. (MYE) grew revenue by 2.9% over the past year. Growth has been modest.

Yes, Myers Industries, Inc. (MYE) is profitable, generating $27.9M in net income for fiscal year 2024 (0.9% net margin).

Dividend & Returns

Yes, Myers Industries, Inc. (MYE) pays a dividend with a yield of 2.73%. This makes it attractive for income-focused investors.

Myers Industries, Inc. (MYE) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.

Myers Industries, Inc. (MYE) generated $68.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.