Myers Industries

Myers Industries, Inc. is a diversified, international plastics manufacturer of returnable packaging, storage and safety products and specialty molding. The Company is also the largest wholesale tire repair supply distributor in the United States.

Myers Industries was started in 1933, by Meyer and Louis Myers, as a tire supply storefront in Akron, Ohio. In 1946, the Company began manufacturing plastic and rubber products related to the tire industry for distribution.

In 1963, Myers Industries, Inc. was established and grew into a diversified plastics manufacturer and tire repair supply distributor. Over the last 50 years, Myers Industries has expanded to become a leading polymer manufacturer of material handling containers and wholesale distributor of tire repair and retread products for both domestic and international markets.

With over 2,500 experienced, dedicated employees, Myers Industries is committed to providing superior products that last. Trust Myers Industries to deliver the highest quality products from the most experienced team in the industry.

Myers Industries, Inc. is traded on the New York Stock Exchange under the symbol MYE and focuses on two core segments: Material Handling and Distribution.

Company Growth (employees)
Akron, US
Size (employees)
3,200 (est)+36%
Myers Industries is headquartered in Akron, US

Myers Industries Office Locations

Myers Industries has an office in Akron
Akron, US (HQ)
1293 S Main St

Myers Industries Metrics

Myers Industries Financial Metrics

Revenue (2016)

$558.1 m

Revenue growth (2015-16), %


Gross profit

$164.6 m

Gross profit margin (2016), %


Net income (2016)

$1.1 m

Market capitalization (21-Mar-2017)

$442.8 m

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$7.9 m
Myers Industries's current market capitalization is $442.8 m.
Myers Industries's revenue was reported to be $558.1 m in 2016 which is a 7.2% decrease from the previous period.
FY, 2013FY, 2014Y, 2015Y, 2016


$584.7 m$623.6 m$601.5 m$558.1 m

Revenue growth, %


Cost of goods sold

$415.2 m$462.4 m$423.3 m$393.4 m

Gross profit

$169.6 m$161.3 m$178.3 m$164.6 m

Gross profit Margin, %


Sales and marketing expense

$55.4 m$60.3 m

General and administrative expense

$69.8 m$78.4 m

Operating expense total

$125.2 m$138.7 m


$44.3 m$22.6 m$30.9 m$16.2 m

EBIT margin, %


Interest expense

$9 m$8.2 m

Interest income

($213 k)($127 k)

Pre tax profit

$21.9 m$8 m

Income tax expense

$39.8 m$14.1 m$7.8 m$6.5 m

Net Income

$26 m($8.7 m)$17.8 m$1.1 m
FY, 2013FY, 2014FY, 2015FY, 2016


$7.3 m$7.9 m

Accounts Receivable


Current Assets

$154.3 m$141.2 m


$130.8 m$111.5 m


$64 m$59.2 m

Total Assets

$429.9 m$381.7 m

Accounts Payable

$71.3 m$49 m

Current Liabilities

$116.8 m$79.3 m

Additional Paid-in Capital

$196.7 m$202 m

Retained Earnings

($77.8 m)($93.1 m)

Total Equity

$97.7 m$93 m

Financial Leverage

4.4 x4.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$26 m($8.7 m)$17.8 m$1.1 m

Depreciation and Amortization

$24.7 m$24.6 m

Accounts Receivable

$3.5 m$4.3 m


$5.3 m$9.7 m

Accounts Payable

$98.3 m$77.3 m($13.1 m)($27.3 m)

Cash From Operating Activities

$2.6 m($1.9 m)$37.7 m$33.7 m

Capital Expenditures

($23.7 m)($12.5 m)

Cash From Investing Activities

$47.7 m($16.1 m)

Dividends Paid

($16.7 m)($16.2 m)

Interest Paid

$10.1 m$8.9 m

Income Taxes Paid

$6.5 m$3.1 m$10.1 m$8.1 m

Free Cash Flow

$61.5 m$46.2 m

Myers Industries Market Value History

Myers Industries Online Presence

Myers Industries Company Life

You may also be interested in