Myers Industries Inc MYE

MaterialsContainers & PackagingUnited States of America

Last close 28.92 USD on Nov 2, 2026, +57.0% year to date

Quant rating

Quant rating B Rank 28 of 151 in Materials

Growth B 49 of 151
Valuation B 36 of 151
Quality C 100 of 151
Revisions A 9 of 151
Momentum B 31 of 151

Wall Street consensus Buy (2.00)Average target 37.00 USD +27.9%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 1.1B
Enterprise value: 1.4B
52-week range: 16.66 – 37.44
3-year range: 9.13 – 37.44
Dividend yield: 1.83%
Beta (5 years): 0.85
Shares outstanding: 37.6M
Next earnings: Mar 3, 2027

About the company

Myers Industries Inc. is a diversified industrial company. It is a manufacturer of sustainable plastic and metal Products that Protect the world from the ground up for consumer, vehicle, food and beverage, industrial, and infrastructure end markets. It designs, manufactures, and markets a variety of plastic, metal and rubber products, including a broad selection of durable plastic reusable products that are manufactured for repeated use during the course of their service life. Its products include a selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, composite ground protection matting, tire repair and retreading products, consumer fuel containers and tanks for water, fuel and waste handling. It also manufactures and sells certain traffic markings, including reflective highway marking tape. The Company conducts its primary operations in the United States, Canada and Europe.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	826	836	813	900	761	–
Revenue growth	−1.3%	2.9%	−9.6%	18.1%	49.2%	10.1%
EPS (basic, normalized)	1.10	1.04	1.39	1.68	0.97	–
EPS growth	5.8%	−25.2%	−17.3%	73.2%	–	–
Gross margin	33.4%	32.4%	31.9%	31.6%	27.9%	31.4%
Net margin	4.2%	0.9%	6.0%	6.7%	4.4%	4.4%
ROE	12.2%	2.5%	17.8%	25.9%	16.8%	15.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	53.5
Current ratio	1.61x
Long-term debt (mil)	279
Net debt (mil)	272
Total equity (mil)	304
Net debt / equity	0.89x
Net debt / EBITDA	2.19x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	826	−1.3%	1.6x	124	+4.3%	11.0x	1.10	+5.8%	26.3x
2026	674	−18.3%	2.0x	132	+6.2%	10.3x	1.68	+52.7%	17.2x
2027	718	+6.5%	1.9x	152	+15.4%	8.9x	2.11	+25.6%	13.7x
2028	771	+7.4%	1.8x	164	+7.8%	8.3x	2.37	+12.3%	12.2x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	674	+1.1%	+1.1%	−18.2%	1.68	−9.7%	−9.7%	+37.7%
2027	718	+3.6%	+3.6%	−14.5%	2.11	+5.5%	+5.5%	+43.5%
2028	771	+6.9%	+6.9%	−9.8%	2.37	+10.2%	+10.2%	+49.1%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	207	220	205	204	207	210	205	204	165	179
Sales mean (mil)	242	241	220	203	207	221	199	202	209	166
Surprise	−14.3%	−8.7%	−6.6%	+0.4%	0.0%	−5.0%	+3.3%	+0.8%	−21.4%	+8.0%
EPS reported	0.21	0.39	0.25	0.19	0.22	0.31	0.26	0.31	0.44	0.57
EPS mean	0.32	0.31	0.29	0.10	0.19	0.32	0.25	0.23	0.28	0.36
Surprise	−34.4%	+25.8%	−13.8%	+90.0%	+15.8%	−3.1%	+4.0%	+34.8%	+57.1%	+58.3%

Peer comparison Containers & Packaging

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
MYE Myers Industries Inc	1.1B	2.19x	4.2%	3.55x	17.2x	13.7x	10.3x	8.9x
SW Smurfit WestRock PLC	22.8B	2.70x	2.2%	1.27x	20.8x	13.3x	7.5x	6.2x
PKG Packaging Corp of America	23.0B	1.82x	8.6%	4.94x	24.4x	18.5x	12.5x	10.4x
AMCRY Amcor PLC	22.7B	–	–	–	–	–	–	–
IP International Paper Co	19.4B	2.98x	−12.0%	1.48x	33.4x	13.7x	9.2x	6.7x
BALL Ball Corp	18.0B	3.16x	6.9%	3.13x	16.9x	15.1x	11.4x	10.8x
Mean		2.57x	2.0%	2.87x	22.6x	14.9x	10.2x	8.6x
Median		2.70x	4.2%	3.13x	20.8x	13.7x	10.3x	8.9x

Technical analysis

1M−8.6%
3M−15.0%
1Y+70.8%
3Y+83.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Myers Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	826	836	813	900	761	510
Cost of revenue	550	565	554	615	549	338
Gross profit	276	271	259	284	212	172
Selling, general & administrative expenses	183	200	187	199	163	128
Research & development	–	–	–	–	–	–
Depreciation/amortization	17.4	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	0.6	26.8	−0.2	0.6	0.3	−9.5
Other operating expenses	0	0	0	0	0	0
Operating income	74.6	44.5	72.4	83.9	49.3	53.5
Net interest income (expense)	−29.4	−30.9	−6.3	−5.7	−4.2	−4.7
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	45.1	13.5	66.1	78.2	45.1	48.9
Provision for taxes	10.2	6.3	17.2	17.9	11.6	12.1
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	34.9	7.2	48.9	60.3	33.5	36.8
Extraordinary items	–	–	–	–	0	0
Net income	34.9	7.2	48.9	60.3	33.5	36.8
EBIT, normalized	72.2	78.8	73.2	84.6	49.6	44.0
EBITDA, normalized	111	117	96.0	106	70.5	65.0
Basic EPS, normalized	1.10	1.04	1.39	1.68	0.97	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Myers Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	45.0	32.2	30.3	23.1	17.7	28.3
Receivables	144	122	129	134	103	84.8
Total inventory	86.1	97.0	90.8	93.4	93.6	65.9
Prepaid expenses	6.8	8.1	6.9	7.0	5.5	4.8
Other current assets	0	0	0	0	0	0
Total current assets	281	259	257	257	220	184
Property, plant & equipment	154	168	136	130	121	92.3
Goodwill	256	256	95.4	95.2	88.8	79.3
Intangibles	151	166	45.1	51.8	50.2	41.0
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	8.5	11.5	8.6	8.0	4.3	3.6
Total assets	851	861	542	543	485	400
Liabilities
Accounts payable	71.2	71.0	79.0	73.5	81.7	61.1
Payable/accrued	–	–	–	–	–	–
Accrued expenses	38.7	31.4	34.6	42.0	38.2	31.5
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	35.2	20.3	26.6	0.5	0.5	40.0
Other current liabilities	23.9	24.4	24.8	21.7	12.1	9.6
Total current liabilities	169	147	165	138	132	142
Long-term debt	319	363	40.6	103	100	37.6
Minority interest	–	–	–	–	–	–
Other liabilities	69.5	72.9	43.1	45.6	42.3	31.1
Total liabilities	557	583	249	286	275	211
Shareholders' equity
Preferred stock	0	0	–	–	–	0
Common stock	23.0	22.9	22.6	22.3	22.2	21.9
Additional paid-in capital	326	325	323	316	307	301
Retained earnings (accumulated deficit)	−33.9	−48.5	−35.5	−64.0	−104	−118
Treasury stock	–	–	–	–	–	–
Other equity	−21.1	−22.1	−16.8	−17.8	−15.4	−15.8
Total equity	294	278	293	256	209	189
Total liabilities & shareholders' equity	851	861	542	543	485	400

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Myers Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	34.9	7.2	48.9	60.3	33.5	36.8
Depreciation, depletion & amortization	39.3	38.6	22.8	21.2	20.9	20.9
Deferred taxes	3.2	−6.0	1.0	2.1	2.8	8.7
Non-cash items	4.4	30.0	7.7	8.7	0.4	−7.0
Changes in working capital	5.0	9.6	5.7	−19.7	−12.7	−13.0
Cash from operations	86.8	79.3	86.2	72.6	44.9	46.5
Investing activities
Capital expenditures	−19.6	−24.4	−22.9	−24.3	−17.9	−13.4
Other investing cash flows	0.6	−348	0.1	−26.1	−32.4	−62.1
Cash from investing	−18.9	−373	−22.8	−50.4	−50.3	−75.6
Financing activities
Financing cash flow items	−1.0	−11.2	−2.1	−1.3	−2.0	−0.6
Cash dividends paid	−20.5	−20.4	−20.2	−19.8	−19.6	−19.4
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−33.0	327	−34.2	4.8	16.4	1.7
Cash from financing	−54.5	295	−56.5	−16.3	−5.2	−18.3
Foreign exchange effects	−0.5	0.1	0.3	−0.4	−0.1	0.1
Net change in cash	12.8	1.9	7.2	5.5	−10.6	−47.2
Free cash flow	67.2	54.9	63.3	48.3	27.0	33.1

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.