Myers Industries

Manufacturing & Industrial Retail distribution packaging plastic polymers supplies

Myers Industries manufactures a diverse range of polymer products for industrial, agricultural, automotive, commercial and consumer markets. The Company is engaged in the manufacturing of plastic reusable material handling containers and pallets, and plastic fuel tanks. Other principal product lines include plastic storage and organization containers, rubber tire repair products and custom plastic and rubber products. Myers Industries is also the wholesale distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry. The distribution products range from tire balancers and alignment systems to valve caps, tire repair tools, and other consumable service supplies.

Revenue(FY, 2017)

$547 M

Market capitalization(2018-07-11)

$570.5 M

Type

Public

Akron, US

Founded

1933

Size (employees)

3,200 (est)

Website

myersindustries.com

Myers Industries was founded in 1933 and is headquartered in Akron, US

Report incorrect company information

Myers Industries Office Locations

Open Map View

Myers Industries has an office in Akron

Akron, US (HQ)

1293 S Main St

Show all (1)

Report incorrect company information

Myers Industries Financials and Metrics

Myers Industries Revenue

Embed Graph

Myers Industries's revenue was reported to be $547.04 m in FY, 2017

Summary

USD
Revenue (Q1, 2018)	152.6 m
Gross profit (Q1, 2018)	47.1 m
Gross profit margin (Q1, 2018), %	30.9%
Net income (Q1, 2018)	6.8 m
EBIT (Q1, 2018)	12 m
Market capitalization (11-Jul-2018)	570.5 m
Closing share price (11-Jul-2018)	18.7
Cash (31-Mar-2018)	3 m
EV	711.8 m

Myers Industries's current market capitalization is $570.5 m.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	584.7 m	623.6 m	601.5 m	558.1 m	547 m
Revenue growth, %		7%	(4%)	(7%)
Cost of goods sold	415.2 m	462.4 m	423.3 m	393.4 m	389.6 m
Gross profit	169.6 m	161.3 m	178.3 m	164.6 m	157.5 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018
Revenue	194.9 m	208.8 m	152.8 m	162.1 m	156.3 m	164.3 m	141.7 m	151.2 m	144.1 m	132.7 m	141.7 m	142.3 m	144.1 m	152.6 m
Cost of goods sold	141.3 m	158.8 m	110.3 m	122.1 m	110.6 m	113.8 m	100 m	103 m	99.6 m	96.8 m	99.7 m	103 m	103.3 m	105.5 m
Gross profit	53.6 m	50 m	42.5 m	40 m	45.8 m	50.6 m	41.7 m	48.2 m	44.5 m	35.9 m	42 m	39.3 m	40.7 m	47.1 m
Gross profit Margin, %	28%	24%	28%	25%	29%	31%	29%	32%	31%	27%	30%	28%	28%	31%

show all

Balance Sheet

Annual

USD	FY, 2015	FY, 2016	FY, 2017
Cash	7.3 m	7.9 m	2.5 m
Accounts Receivable
Inventories			47 m
Current Assets	154.3 m	141.2 m	150 m

Quarterly

USD	Q1, 2018
Cash	3 m
Inventories	47.8 m
Current Assets	151.2 m
PP&E	79.5 m

show all

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	26 m	(8.7 m)	17.8 m	1.1 m	(9.9 m)
Depreciation and Amortization			24.7 m	24.6 m	20 m
Inventories			5.3 m	9.7 m	(1.9 m)
Accounts Payable	98.3 m	77.3 m	(13.1 m)	(27.3 m)	18.3 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q3, 2017	Q1, 2018
Net Income	6.5 m	680 k	5.7 m	(2.7 m)	5.2 m	16.7 m	17 m	(3.4 m)	16.7 m	17 m	(3.4 m)	3.3 m	6.8 m
Depreciation and Amortization													6.6 m
Inventories													(796 k)
Accounts Payable													3.5 m