Myers Industries (MYE)
Market Price (6/20/2026): $27.39 | Market Cap: $1.0 BilSector: Materials | Industry: Metal, Glass & Plastic Containers
Myers Industries (MYE)
Market Price (6/20/2026): $27.39Market Cap: $1.0 BilSector: MaterialsIndustry: Metal, Glass & Plastic Containers
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% Attractive yieldFCF Yield is 8.6% Low stock price volatilityVol 12M is 33% Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Automation & Robotics, and Advanced Materials. Themes include Sustainable Packaging Materials, Show more. | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% Weak multi-year price returns3Y Excs Rtn is -19% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 39x Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1% Key risksMYE key risks include [1] a significant unhedged exposure to volatile plastic resin costs and [2] execution risk associated with its "Focused Transformation" initiative aimed at improving underperforming businesses. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Attractive yieldFCF Yield is 8.6% |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Automation & Robotics, and Advanced Materials. Themes include Sustainable Packaging Materials, Show more. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak multi-year price returns3Y Excs Rtn is -19% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 39x |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1% |
| Key risksMYE key risks include [1] a significant unhedged exposure to volatile plastic resin costs and [2] execution risk associated with its "Focused Transformation" initiative aimed at improving underperforming businesses. |
Qualitative Assessment
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Myers Industries (MYE) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Strong financial performance in fiscal Q4 2025 and fiscal Q1 2026 from continuing operations.
Myers Industries reported a 63% year-over-year improvement in adjusted EPS for fiscal Q4 2025. This momentum continued into fiscal Q1 2026 (which ended March 31, 2026), with adjusted EPS increasing by 57.1% year-over-year to $0.44, surpassing consensus estimates. The company's adjusted EBITDA also saw a 27% year-over-year increase in fiscal Q1 2026, with the adjusted EBITDA margin expanding by 420 basis points to 21.3%.
2. Significant margin expansion driven by operational efficiencies.
The improved profitability was largely due to margin expansion initiatives. In fiscal Q1 2026, Myers Industries' adjusted gross margin improved to 34.7% and adjusted operating margin to 15.7%, attributed to a favorable product mix, lower material costs, and reduced manufacturing expenses.
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Myers Industries (MYE) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Strong financial performance in fiscal Q4 2025 and fiscal Q1 2026 from continuing operations.
Myers Industries reported a 63% year-over-year improvement in adjusted EPS for fiscal Q4 2025. This momentum continued into fiscal Q1 2026 (which ended March 31, 2026), with adjusted EPS increasing by 57.1% year-over-year to $0.44, surpassing consensus estimates. The company's adjusted EBITDA also saw a 27% year-over-year increase in fiscal Q1 2026, with the adjusted EBITDA margin expanding by 420 basis points to 21.3%.
2. Significant margin expansion driven by operational efficiencies.
The improved profitability was largely due to margin expansion initiatives. In fiscal Q1 2026, Myers Industries' adjusted gross margin improved to 34.7% and adjusted operating margin to 15.7%, attributed to a favorable product mix, lower material costs, and reduced manufacturing expenses.
3. Successful portfolio transformation and strategic focus on core businesses.
Myers Industries progressed with its portfolio realignment, including the planned divestiture of Myers Tire Supply, which was reported as discontinued operations starting fiscal Q1 2026. This strategic move to focus on core businesses is expected to enhance the company's long-term earnings profile and improve operating efficiency, despite a $15.6 million loss from discontinued operations in fiscal Q1 2026.
4. Robust growth in key end markets, particularly Infrastructure.
The company experienced strong demand in its Infrastructure segment during fiscal Q1 2026, marked by a more than 130% increase in MegaDeck orders compared to the prior year. This growth in a core market contributed positively to the overall performance, with management expressing cautious optimism for gradual improvement in end-market demand throughout the remainder of fiscal 2026.
5. Enhanced financial health and positive analyst sentiment.
Myers Industries strengthened its balance sheet by reducing net debt by $18.3 million in fiscal Q1 2026, achieving a net leverage ratio of 2.2x, which is within its target range. The company also generated strong free cash flow of $23.9 million in fiscal Q1 2026, representing a 28.5% sequential increase. Analyst sentiment remained positive, with an average price target of $26.00 and a "Moderate Buy" consensus rating as of June 2026.
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Stock Movement Drivers
Fundamental Drivers
The 23.9% change in MYE stock from 2/28/2026 to 6/19/2026 was primarily driven by a 31.5% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6192026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.11 | 27.41 | 23.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 781 | 784 | 0.4% |
| Net Income Margin (%) | 3.6% | 3.4% | -6.1% |
| P/E Multiple | 29.6 | 39.0 | 31.5% |
| Shares Outstanding (Mil) | 37 | 37 | 0.0% |
| Cumulative Contribution | 23.9% |
Market Drivers
2/28/2026 to 6/19/2026| Return | Correlation | |
|---|---|---|
| MYE | 23.9% | |
| Market (SPY) | 9.2% | 46.6% |
| Sector (XLB) | -2.6% | 51.7% |
Fundamental Drivers
The 54.7% change in MYE stock from 11/30/2025 to 6/19/2026 was primarily driven by a 64.2% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6192026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.72 | 27.41 | 54.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 781 | 784 | 0.4% |
| Net Income Margin (%) | 3.6% | 3.4% | -6.1% |
| P/E Multiple | 23.8 | 39.0 | 64.2% |
| Shares Outstanding (Mil) | 37 | 37 | 0.0% |
| Cumulative Contribution | 54.7% |
Market Drivers
11/30/2025 to 6/19/2026| Return | Correlation | |
|---|---|---|
| MYE | 54.7% | |
| Market (SPY) | 9.9% | 47.6% |
| Sector (XLB) | 17.0% | 49.8% |
Fundamental Drivers
The 124.0% change in MYE stock from 5/31/2025 to 6/19/2026 was primarily driven by a 152.7% change in the company's Net Income Margin (%).| (LTM values as of) | 5312025 | 6192026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.24 | 27.41 | 124.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 791 | 784 | -0.9% |
| Net Income Margin (%) | 1.3% | 3.4% | 152.7% |
| P/E Multiple | 43.5 | 39.0 | -10.3% |
| Shares Outstanding (Mil) | 37 | 37 | -0.3% |
| Cumulative Contribution | 124.0% |
Market Drivers
5/31/2025 to 6/19/2026| Return | Correlation | |
|---|---|---|
| MYE | 124.0% | |
| Market (SPY) | 28.1% | 49.1% |
| Sector (XLB) | 22.4% | 51.1% |
Fundamental Drivers
The 63.0% change in MYE stock from 5/31/2023 to 6/19/2026 was primarily driven by a 254.6% change in the company's P/E Multiple.| (LTM values as of) | 5312023 | 6192026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.81 | 27.41 | 63.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 890 | 784 | -11.9% |
| Net Income Margin (%) | 6.3% | 3.4% | -46.6% |
| P/E Multiple | 11.0 | 39.0 | 254.6% |
| Shares Outstanding (Mil) | 37 | 37 | -2.3% |
| Cumulative Contribution | 63.0% |
Market Drivers
5/31/2023 to 6/19/2026| Return | Correlation | |
|---|---|---|
| MYE | 63.0% | |
| Market (SPY) | 85.7% | 38.9% |
| Sector (XLB) | 46.5% | 43.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MYE Return | -1% | 14% | -9% | -41% | 76% | 46% | 53% |
| Peers Return | 14% | 5% | -3% | -0% | 1% | 6% | 23% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 98% |
Monthly Win Rates [3] | |||||||
| MYE Win Rate | 50% | 50% | 50% | 33% | 83% | 67% | |
| Peers Win Rate | 63% | 43% | 45% | 50% | 53% | 57% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MYE Max Drawdown | -20% | -35% | -35% | -52% | -30% | -12% | |
| Peers Max Drawdown | -16% | -25% | -23% | -19% | -22% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GEF, SON, SLGN, AMCR, CCK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)
How Low Can It Go
| Event | MYE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -23.7% | -18.8% |
| % Gain to Breakeven | 31.0% | 23.1% |
| Time to Breakeven | 17 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -18.5% | -9.5% |
| % Gain to Breakeven | 22.8% | 10.5% |
| Time to Breakeven | 48 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.2% | -6.7% |
| % Gain to Breakeven | 28.6% | 7.1% |
| Time to Breakeven | 323 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -19.4% | -24.5% |
| % Gain to Breakeven | 24.1% | 32.4% |
| Time to Breakeven | 16 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.2% | -33.7% |
| % Gain to Breakeven | 113.5% | 50.9% |
| Time to Breakeven | 134 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -35.8% | -19.2% |
| % Gain to Breakeven | 55.7% | 23.8% |
| Time to Breakeven | 743 days | 105 days |
In The Past
Myers Industries's stock fell -23.7% during the 2025 US Tariff Shock. Such a loss loss requires a 31.0% gain to breakeven.
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| Event | MYE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -23.7% | -18.8% |
| % Gain to Breakeven | 31.0% | 23.1% |
| Time to Breakeven | 17 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.2% | -6.7% |
| % Gain to Breakeven | 28.6% | 7.1% |
| Time to Breakeven | 323 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.2% | -33.7% |
| % Gain to Breakeven | 113.5% | 50.9% |
| Time to Breakeven | 134 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -35.8% | -19.2% |
| % Gain to Breakeven | 55.7% | 23.8% |
| Time to Breakeven | 743 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -29.2% | -12.2% |
| % Gain to Breakeven | 41.3% | 13.9% |
| Time to Breakeven | 94 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -44.7% | -6.8% |
| % Gain to Breakeven | 80.8% | 7.3% |
| Time to Breakeven | 481 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -20.6% | -17.9% |
| % Gain to Breakeven | 25.9% | 21.8% |
| Time to Breakeven | 53 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -32.1% | -15.4% |
| % Gain to Breakeven | 47.2% | 18.2% |
| Time to Breakeven | 393 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -80.0% | -53.4% |
| % Gain to Breakeven | 399.3% | 114.4% |
| Time to Breakeven | 985 days | 1085 days |
In The Past
Myers Industries's stock fell -23.7% during the 2025 US Tariff Shock. Such a loss loss requires a 31.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Myers Industries (MYE)
Myers Industries, Inc. (MYE) is a diversified manufacturing and distribution company based in Ohio, primarily operating through two segments: Material Handling and Distribution. Founded in 1933, the company provides essential products and services across a wide array of industries, focusing on durable goods and critical supplies for various operational needs.
The Material Handling segment specializes in manufacturing a comprehensive range of plastic-based products crucial for storage, organization, and transport. This includes pallets, small parts bins, bulk shipping containers, and custom plastic solutions, alongside consumer fuel containers and tanks for water, fuel, and waste handling. These products serve an extensive customer base spanning industrial manufacturing, food processing, retail, agriculture, automotive, healthcare, and general consumer markets under well-known brands such as Akro-Mils, Buckhorn, and Scepter.
Complementing its manufacturing operations, the Distribution segment focuses on providing tools, equipment, and supplies for tire, wheel, and undervehicle service for passenger, heavy truck, and off-road vehicles. This segment also manufactures tire repair materials, custom rubber products, and reflective highway marking tapes. Its primary customers include retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, and government agencies, ensuring the smooth operation and maintenance of vehicles.
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Myers Industries is like a Grainger for industrial storage and tire repair equipment.
Alternatively, Myers Industries is like a B2B version of Rubbermaid that also distributes supplies to auto repair shops.
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- Material Handling Products: A variety of plastic products including pallets, storage bins, bulk shipping containers, and custom plastic solutions for industrial and commercial use.
- Specialized Plastic Containers: Consumer fuel containers and tanks designed for water, fuel, and waste handling.
- Tire Service Tools & Supplies: Distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service across various vehicle types.
- Tire Repair Materials: Manufactured materials specifically used for repairing tires.
- Custom Rubber Products: Custom-designed and manufactured rubber products for various applications.
- Reflective Highway Marking Tapes: Tapes produced for use in highway marking and safety applications.
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Myers Industries (MYE) primarily sells to other companies and organizations. The provided background information does not explicitly name specific major customer companies. However, it describes the various industries and types of businesses that constitute its customer base across its two segments:
Material Handling Segment Customers:
- Industrial manufacturing companies
- Food processing companies
- Retail/wholesale product distributors
- Agriculture businesses
- Automotive, recreational, and marine vehicle manufacturers and related businesses
- Healthcare organizations
- Appliance, bakery, electronics, and textiles businesses
- Consumer markets (indirectly, through other businesses)
Distribution Segment Customers:
- Retail and truck tire dealers
- Commercial auto and truck fleets
- Auto dealers
- General service and repair centers
- Tire re-treaders
- Truck stop operations
- Government agencies
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Aaron Schapper - President, Chief Executive Officer, and Director
Aaron Schapper was appointed President and Chief Executive Officer of Myers Industries in January 2025. Before joining Myers Industries, he spent eight years at Valmont Industries Inc. (NYSE: VMI), where he held various senior leadership roles, including Group President of Agriculture and Chief Strategy Officer. He brings extensive experience leading global industrial businesses.
Samantha Rutty - Executive Vice President and Chief Financial Officer
Samantha Rutty was appointed Executive Vice President and Chief Financial Officer, effective September 22, 2025. She has over two decades of finance leadership experience across global services and manufacturing companies. Prior to Myers Industries, Ms. Rutty served as Vice President and Chief Financial Officer of Brink's North America starting in November 2022. She also spent 20 years at Eaton Corporation in various senior finance positions, including Director of Finance, eMobility; Division Controller, Fluid and Electrical Distribution; and Division Controller, Fuel and Motion Controls Aerospace.
Kari Brashear - Chief Legal Officer, Corporate Secretary, & Senior Vice President
Kari Brashear serves as the Chief Legal Officer, Corporate Secretary, and Senior Vice President at Myers Industries.
Lorelei Evans - Senior Vice President, Chief Human Resources Officer
Lorelei Evans holds the position of Senior Vice President and Chief Human Resources Officer at Myers Industries.
Jeff Baker - President, Distribution
Jeff Baker is the President of the Distribution segment at Myers Industries. He took over this role effective October 1, 2024.
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Myers Industries faces several key risks inherent to its business segments:
- Economic Downturn and Fluctuations in Industrial Production: Myers Industries' Material Handling segment is heavily reliant on industrial manufacturing, food processing, retail, agriculture, and the automotive sector. Similarly, its Distribution segment, which supplies tire and under-vehicle service products, is dependent on the overall health of commercial fleets, retail auto dealers, and general vehicle usage. A significant economic downturn, reduced industrial output, or decreased consumer spending on vehicles and related services could directly impact demand for their products across both segments.
- Raw Material Price Volatility: As a manufacturer of plastic and rubber products, Myers Industries is susceptible to significant fluctuations in the cost of raw materials such as resins, polymers, and various rubber compounds. Unfavorable changes in these commodity prices, driven by supply chain disruptions, geopolitical events, or increased demand, could lead to higher production costs and potentially erode profit margins if these costs cannot be fully passed on to customers.
- Intense Competition and Pricing Pressures: Both the Material Handling and Distribution segments operate in highly competitive markets. The Material Handling segment competes with various manufacturers offering similar plastic products and alternative material solutions. The Distribution segment faces competition from other suppliers of tire service tools, equipment, and supplies. This intense competition can lead to pricing pressures, demands for product innovation, and increased marketing expenses, which could negatively impact the company's market share and profitability.
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The transition to Electric Vehicles (EVs) poses an emerging threat to Myers Industries' Distribution segment. As the automotive industry shifts towards EVs, the demand for traditional "undervehicle service" tools and supplies for internal combustion engine vehicles is expected to decline significantly due to fewer moving parts and different maintenance requirements in EVs.
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Myers Industries, Inc. operates in various addressable markets through its Material Handling and Distribution segments. The market sizes for its main products and services are outlined below:
Material Handling Segment
- Material Handling Equipment: The global material handling equipment market was estimated at USD 227.5 billion in 2024 and is projected to increase to USD 392.1 billion by 2035, with a compound annual growth rate (CAGR) of 5.07% from 2025 to 2035. North America accounts for 29% of this market. The U.S. market alone for material handling equipment was valued at USD 35 billion in 2025 and is projected to grow at a CAGR of 6.4% from 2026 to 2035.
- Pallets: The global pallets market size was valued at USD 76.70 billion in 2025 and is predicted to reach USD 122.08 billion by 2034, expanding at a CAGR of 5.30% from 2025 to 2034. The pallets market in the U.S. is projected to reach an estimated value of USD 37.34 billion by 2032.
- Small Parts Bins, Storage, and Organization Products: The global home storage and organization market size was approximately USD 50 billion in 2023 and is expected to reach around USD 80 billion by 2032, growing at a CAGR of 5.2% during the forecast period of 2025-2033. The United States home organizers and storage market is expected to reach USD 12.05 billion in 2025 and grow to USD 15.21 billion by 2030, at a CAGR of 4.78%. The global small parts storage market is projected to grow at a 4.8% CAGR over 2026-2035.
- Bulk Shipping Containers (Intermediate Bulk Containers - IBCs): The global intermediate bulk container market size was valued at USD 15.1 billion in 2024 and is projected to reach USD 21.1 billion by 2030, growing at a CAGR of 5.8% from 2025 to 2030. Another estimate places the global intermediate bulk container market size at USD 16.03 billion in 2025, increasing to approximately USD 25.64 billion by 2034, with a CAGR of 5.36% from 2025 to 2034.
- OEM Parts and Custom Plastic Products (Plastic Injection Molding): The global plastic injection molding market was valued at USD 191.0 billion in 2023 and is estimated to grow to USD 235.7 billion by 2029, with a CAGR of 4.1% from 2024 to 2029. Other data indicates the global injection molded plastics market size was valued at USD 337.50 billion in 2025 and is projected to reach USD 647.90 billion by 2034 at a CAGR of 7.50%. The U.S. market for injection molded plastics is projected to reach USD 43.8 billion by 2026.
- Consumer Fuel Containers and Tanks: The global fuel storage containers market is expected to reach USD 47.3 billion by 2035, increasing from USD 28.6 billion in 2024, at a CAGR of 4.7% from 2025 to 2035. The global fuel storage tank market size was USD 15,400 million in 2024 and is expected to exceed USD 24,610 million by 2034, growing at a CAGR of 4.8% from 2024 to 2034.
Distribution Segment
- Tools, Equipment, and Supplies for Tire, Wheel, and Undervehicle Service: The global wheel and tire service equipment market is estimated to reach USD 5,893.9 million by 2033, growing with a CAGR of approximately 3.8% from 2023-2033. Another projection shows this market reaching USD 11.19 billion at a 4.15% CAGR by 2035. The global wheel and tire equipment market size was valued at USD 3.32 billion in 2024 and is expected to reach USD 4.55 billion by 2032, at a CAGR of 4.00%. North America's wheel and tire service equipment market was valued at USD 2.32 billion in 2023. The tire changers market in the U.S. is projected to grow significantly, reaching an estimated value of USD 123.60 billion by 2032.
- Tire Repair Materials: The global tire repair patch market is projected to reach USD 648.3 million in 2025 and is expected to grow to nearly USD 950.4 million by 2035, reflecting a CAGR of 3.9%. North America remains the largest market for tire repair patches, with a valuation of USD 0.54 billion in 2023, projected to reach USD 0.88 billion by 2032. The global repair tire sealant market size is expected to grow from USD 1.27 billion in 2023 to USD 2.48 billion by 2033, growing at a CAGR of 6.92%. The global tire repair kits market size was valued at USD 2,128.7 million in 2024 and is expected to grow to USD 3,500 million by 2035, at a CAGR of 4.6% during the forecast period of 2025-2035.
- Reflective Highway Marking Tapes: The global road marking materials market size was valued at USD 6.88 billion in 2024 and is projected to reach USD 10.87 billion by 2032, with a CAGR of 5.88% from 2025 to 2032. Specifically, the global preformed polymer tape traffic road marking coatings market size was valued at US$ 1,034.9 million in 2023 and is estimated to grow at a CAGR of 5.6% from 2023 to 2030. The global traffic road marking coatings market size is expected to be worth around USD 8.3 billion by 2034, from USD 4.8 billion in 2024, growing at a CAGR of 5.7% from 2025 to 2034.
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Myers Industries (MYE) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Strategic Acquisitions, particularly within Material Handling: The acquisition of Signature Systems in early 2024 for approximately $350 million is a significant driver, strengthening the Material Handling segment and diversifying revenue streams. This acquisition is anticipated to contribute to the Material Handling segment's growth and is expected to generate annualized run-rate synergies.
- Growth in the Material Handling Segment, specifically in Industrial and Infrastructure End Markets: The Material Handling segment is identified as the "growth engine" for Myers Industries. The company anticipates strong performance in its Industrial and Infrastructure markets, including military applications through its Scepter brand, which is expected to support revenue expansion.
- New Product Innovation and Expansion within the Material Handling Segment: Myers Industries is actively pursuing organic growth through product innovation and expansion. For instance, its Elkhart Plastics company is introducing new products, such as the modular dock accessory Schwig's Garden Box, and expanding its TUFF line for secure liquid handling.
- Portfolio Optimization and Focus on Core Polymer Manufacturing: The strategic divestiture of the Myers Tire Supply business is aimed at streamlining the company's portfolio, allowing for a sharper focus on its core polymer manufacturing operations. This strategic shift enables Myers Industries to allocate resources more effectively to higher-growth and higher-margin businesses, thereby supporting overall revenue growth from its core operations in the long term.
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Share Repurchases
- Myers Industries returned $23 million to shareholders in 2025 through a combination of dividends and share repurchases.
- In the third quarter of 2025, the company repurchased $0.5 million in shares.
- As of the third quarter of 2025, $8.0 million remained authorized under the 2025 Share Repurchase Program.
Share Issuance
- Myers Industries offers a Dividend Reinvestment and Stock Purchase Plan, allowing shareholders to automatically reinvest cash dividends and make voluntary cash investments in the company's stock.
Outbound Investments
- Myers Industries acquired Signature Systems in early 2024 for approximately $350 million. This acquisition significantly strengthened the Material Handling segment and aimed to diversify revenue by tapping into the infrastructure market.
- The company initiated a sale process for its Myers Tire Supply business in the third quarter of 2025, planning to classify it for discontinued operations accounting starting in the first quarter of 2026.
Capital Expenditures
- Capital expenditures for the full year 2025 totaled $19.6 million, representing approximately 2.4% of sales.
- Myers Industries aims for capital expenditures to be approximately 3% of sales for organic growth investments in upcoming years, including 2026.
- The focus of these capital expenditures is on investments in innovation and growth platforms that offer the highest returns.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Myers Industries Earnings Notes | 12/16/2025 | |
| With Myers Industries Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 46.16 |
| Mkt Cap | 4.7 |
| Rev LTM | 7,032 |
| Op Inc LTM | 682 |
| FCF LTM | 286 |
| FCF 3Y Avg | 318 |
| CFO LTM | 572 |
| CFO 3Y Avg | 647 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.3% |
| Rev Chg 3Y Avg | 0.7% |
| Rev Chg Q | 4.1% |
| QoQ Delta Rev Chg LTM | 0.9% |
| Op Inc Chg LTM | 11.8% |
| Op Inc Chg 3Y Avg | 6.1% |
| Op Mgn LTM | 9.7% |
| Op Mgn 3Y Avg | 9.3% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 9.3% |
| CFO/Rev 3Y Avg | 10.6% |
| FCF/Rev LTM | 5.2% |
| FCF/Rev 3Y Avg | 5.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Material Handling | 622 | 622 | 555 | 648 | 564 |
| Distribution | 204 | 215 | 258 | 252 | 197 |
| Corporate | 0 | 0 | 0 | ||
| Inter-company | -0 | -0 | -0 | -0 | -0 |
| Total | 826 | 836 | 813 | 900 | 761 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Material Handling | 112 | 78 | 100 | 104 | 62 |
| Inter-company | 0 | 0 | 0 | ||
| Distribution | -1 | 3 | 11 | 16 | 15 |
| Corporate | -37 | -37 | -39 | -36 | -28 |
| Total | 75 | 44 | 72 | 84 | 49 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Material Handling | 698 | 712 | 384 | 386 | 370 |
| Distribution | 89 | 99 | 112 | 120 | 89 |
| Corporate | 64 | 50 | 46 | 37 | 25 |
| Inter-company | 0 | 0 | 0 | ||
| Total | 851 | 861 | 542 | 543 | 485 |
Price Behavior
| Market Price | $27.41 | |
| Market Cap ($ Bil) | 1.0 | |
| First Trading Date | 09/08/1987 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $22.67 | $19.74 |
| DMA Trend | up | up |
| Distance from DMA | 20.9% | 38.8% |
| 3M | 1YR | |
| Volatility | 42.7% | 32.6% |
| Downside Capture | 99.49 | 113.83 |
| Upside Capture | 162.65 | 160.02 |
| Correlation (SPY) | 44.6% | 49.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.91 | 1.87 | 1.50 | 1.35 | 1.37 | 1.05 |
| Up Beta | 3.14 | 1.89 | 1.52 | 1.39 | 1.60 | 1.06 |
| Down Beta | 4.30 | 1.94 | 1.57 | 1.38 | 1.08 | 1.07 |
| Up Capture | 245% | 117% | 127% | 163% | 205% | 90% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 21 | 32 | 67 | 138 | 374 |
| Down Capture | 290% | 317% | 169% | 115% | 113% | 103% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 19 | 30 | 53 | 106 | 362 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MYE | |
|---|---|---|---|---|
| MYE | 94.7% | 32.5% | 2.08 | - |
| Sector ETF (XLB) | 21.2% | 17.5% | 0.94 | 52.1% |
| Equity (SPY) | 26.5% | 12.4% | 1.61 | 49.6% |
| Gold (GLD) | 24.2% | 27.5% | 0.77 | 18.1% |
| Commodities (DBC) | 19.8% | 18.8% | 0.83 | -20.6% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.52 | 35.9% |
| Bitcoin (BTCUSD) | -40.0% | 42.5% | -1.08 | 18.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MYE | |
|---|---|---|---|---|
| MYE | 8.5% | 37.7% | 0.31 | - |
| Sector ETF (XLB) | 5.9% | 19.0% | 0.20 | 45.6% |
| Equity (SPY) | 13.5% | 17.1% | 0.62 | 41.5% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 5.3% |
| Commodities (DBC) | 7.5% | 19.4% | 0.29 | 7.5% |
| Real Estate (VNQ) | 1.9% | 18.9% | 0.00 | 33.5% |
| Bitcoin (BTCUSD) | 11.0% | 54.2% | 0.40 | 12.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MYE | |
|---|---|---|---|---|
| MYE | 9.2% | 42.4% | 0.36 | - |
| Sector ETF (XLB) | 10.2% | 20.7% | 0.44 | 50.0% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 45.2% |
| Gold (GLD) | 12.3% | 16.1% | 0.63 | 3.4% |
| Commodities (DBC) | 5.9% | 18.0% | 0.26 | 14.5% |
| Real Estate (VNQ) | 5.3% | 20.7% | 0.22 | 41.3% |
| Bitcoin (BTCUSD) | 60.0% | 66.8% | 1.00 | 10.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/10/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | 8.1% | 9.8% | 14.5% |
| 3/5/2026 | 4.6% | -1.7% | -2.5% |
| 10/30/2025 | -3.0% | 2.5% | 3.9% |
| 7/31/2025 | 0.1% | 7.7% | 14.8% |
| 5/1/2025 | 5.3% | 10.4% | 20.9% |
| 3/6/2025 | 28.1% | 31.4% | 10.9% |
| 11/4/2024 | -2.7% | 5.2% | 7.3% |
| 8/1/2024 | 4.3% | -7.6% | 1.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 15 | 16 |
| # Negative | 11 | 9 | 8 |
| Median Positive | 4.6% | 7.4% | 12.3% |
| Median Negative | -4.3% | -7.6% | -11.6% |
| Max Positive | 28.1% | 31.4% | 28.6% |
| Max Negative | -20.7% | -30.1% | -30.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | 8.1% | 9.8% | 14.5% |
| 3/5/2026 | 4.6% | -1.7% | -2.5% |
| 10/30/2025 | -3.0% | 2.5% | 3.9% |
| 7/31/2025 | 0.1% | 7.7% | 14.8% |
| 5/1/2025 | 5.3% | 10.4% | 20.9% |
| 3/6/2025 | 28.1% | 31.4% | 10.9% |
| 11/4/2024 | -2.7% | 5.2% | 7.3% |
| 8/1/2024 | 4.3% | -7.6% | 1.8% |
| 5/7/2024 | -20.7% | -30.1% | -30.5% |
| 3/5/2024 | 6.7% | 7.9% | 17.3% |
| 11/1/2023 | -2.6% | 1.1% | 5.1% |
| 8/3/2023 | -4.3% | -2.7% | -4.1% |
| 5/4/2023 | -2.2% | 0.4% | 5.6% |
| 3/1/2023 | -15.4% | -16.3% | -17.2% |
| 10/27/2022 | 8.9% | 12.2% | 24.9% |
| 8/2/2022 | -10.6% | -12.3% | -19.5% |
| 5/5/2022 | 1.0% | 4.5% | 13.6% |
| 3/10/2022 | 5.3% | 17.4% | 28.6% |
| 11/4/2021 | -6.1% | -4.3% | -9.6% |
| 8/5/2021 | 1.1% | 3.2% | 6.8% |
| 5/6/2021 | -1.0% | -4.7% | -1.5% |
| 3/11/2021 | -16.0% | -16.2% | -13.6% |
| 10/29/2020 | 4.5% | 7.4% | 28.0% |
| 7/30/2020 | 4.6% | 6.4% | 5.0% |
| SUMMARY STATS | |||
| # Positive | 13 | 15 | 16 |
| # Negative | 11 | 9 | 8 |
| Median Positive | 4.6% | 7.4% | 12.3% |
| Median Negative | -4.3% | -7.6% | -11.6% |
| Max Positive | 28.1% | 31.4% | 28.6% |
| Max Negative | -20.7% | -30.1% | -30.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 03/05/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/03/2023 | 10-K |
| 09/30/2022 | 10/27/2022 | 10-Q |
| 06/30/2022 | 08/02/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 03/05/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/03/2023 | 10-K |
| 09/30/2022 | 10/27/2022 | 10-Q |
| 06/30/2022 | 08/02/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 03/10/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 03/11/2021 | 10-K |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 07/30/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 03/06/2020 | 10-K |
| 09/30/2019 | 11/05/2019 | 10-Q |
| 06/30/2019 | 08/02/2019 | 10-Q |
Insider Activity
Updated 5/11/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rutty, Samantha | EVP and CFO | Direct | Buy | 11182025 | 17.50 | 3,000 | 52,500 | 52,500 | Form |
| 2 | Bright, Yvette Dapremont | Direct | Buy | 11042025 | 17.45 | 1,000 | 17,450 | 501,007 | Form | |
| 3 | Ludwig, Helmuth | Direct | Buy | 11032025 | 17.21 | 5,000 | 86,050 | 231,234 | Form | |
| 4 | Bright, Yvette Dapremont | Direct | Buy | 5072025 | 11.44 | 500 | 5,720 | 317,014 | Form | |
| 5 | Kramer, Jeffrey | Direct | Buy | 5062025 | 11.63 | 1,000 | 11,630 | 271,305 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rutty, Samantha | EVP and CFO | Direct | Buy | 11182025 | 17.50 | 3,000 | 52,500 | 52,500 | Form |
| 2 | Bright, Yvette Dapremont | Direct | Buy | 11042025 | 17.45 | 1,000 | 17,450 | 501,007 | Form | |
| 3 | Ludwig, Helmuth | Direct | Buy | 11032025 | 17.21 | 5,000 | 86,050 | 231,234 | Form | |
| 4 | Bright, Yvette Dapremont | Direct | Buy | 5072025 | 11.44 | 500 | 5,720 | 317,014 | Form | |
| 5 | Kramer, Jeffrey | Direct | Buy | 5062025 | 11.63 | 1,000 | 11,630 | 271,305 | Form |
Industry Resources
| Materials Resources |
| Chemical & Engineering News (C&EN) |
| Mining.com |
| Plastics News |
| Metal, Glass & Plastic Containers Resources |
| Packaging Digest |
| Packaging World |
| Plastics Today |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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