Myers Industri…
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Myers Industries

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    • Manufacturing & IndustrialRetaildistributionpackagingplasticpolymers

    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(2018-12-12)
    $565.3 M

    Employee Rating

    2.3More
    TypePublic
    HQAkron, US
    Founded1933
    Size (employees)1,900 (est)
    Websitemyersindustries.com
    Myers Industries was founded in 1933 and is headquartered in Akron, US
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    Key People/Management at Myers Industries

    R. David Banyard

    R. David Banyard

    President & Chief Executive Officer, Myers Industries, Inc.
    Sarah R. Coffin

    Sarah R. Coffin

    Chairman, Compensation Committee; Audit Committee
    F. Jack Liebau

    F. Jack Liebau

    Chairman of the Board; Audit Committee; Compensation Committee; Governance & Nominating Committee
    Bruce M. Lisman

    Bruce M. Lisman

    Chairman, Governance & Nominating Committee; Compensation Committee
    Robert A. Stefanko

    Robert A. Stefanko

    Chairman, Audit Committee; Compensation Committee
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    Myers Industries Office Locations

    Myers Industries has an office in Akron
    Akron, (HQ)
    1293 S Main St
    Show all (1)
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    Myers Industries Financials and Metrics

    Myers Industries Revenue

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    Myers Industries's revenue was reported to be $547.04 m in FY, 2017 which is a 2.4% increase from the previous period.
    USD

    Revenue (Q2, 2018)

    		293.1m

    Gross profit (Q2, 2018)

    		95.1m

    Gross profit margin (Q2, 2018), %

    		32.4%

    Net income (Q2, 2018)

    		15.5m

    EBIT (Q2, 2018)

    		25.1m

    Market capitalization (12-Dec-2018)

    		565.3m

    Closing stock price (12-Dec-2018)

    		16.0

    Cash (30-Jun-2018)

    		38.9m

    EV

    		605.0m
    Myers Industries's current market capitalization is $565.3 m.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		584.7m623.6m601.5m534.4m547.0m

    Revenue growth, %

    		7%(4%)(11%)2%

    Cost of goods sold

    		415.2m462.4m423.3m372.5m389.6m

    Gross profit

    		169.6m161.3m178.3m161.9m157.5m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Revenue

    		194.9m208.8m152.8m162.1m156.3m164.3m141.7m151.2m144.1m132.7m141.7m142.3m144.1m152.6m293.1m

    Cost of goods sold

    		141.3m158.8m110.3m122.1m110.6m113.8m100.0m103.0m99.6m96.8m99.7m103.0m103.3m105.5m198.0m

    Gross profit

    		53.6m50.0m42.5m40.0m45.8m50.6m41.7m48.2m44.5m35.9m42.0m39.3m40.7m47.1m95.1m

    Gross profit Margin, %

    		28%24%28%25%29%31%29%32%31%27%30%28%28%31%32%
    show all
    Annual
    USDFY, 2013FY, 2015FY, 2016FY, 2017

    Cash

    		6.5m7.3m2.4m2.5m

    Accounts Receivable

    		64.3m76.7m

    Inventories

    		44.8m47.0m

    Current Assets

    		234.9m154.3m141.2m150.0m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash

    		5.7m35.8m8.4m3.9m5.2m5.6m6.5m5.5m7.3m4.7m4.5m3.0m38.9m

    Inventories

    		47.8m49.4m

    Current Assets

    		265.8m334.6m345.0m176.8m165.9m164.6m152.0m145.7m144.8m144.5m153.3m151.2m168.0m

    PP&E

    		146.5m95.7m134.6m131.4m129.1m128.4m124.4m118.3m105.4m94.0m91.9m79.5m73.8m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		26.0m(8.7m)17.8m1.1m(9.9m)

    Depreciation and Amortization

    		24.7m24.6m20.0m

    Inventories

    		5.3m9.7m(1.9m)

    Accounts Payable

    		98.3m77.3m(13.1m)(27.3m)18.3m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    		6.5m680.0k5.7m(2.7m)5.2m16.7m17.0m(3.4m)16.7m17.0m(3.4m)5.1m3.3m6.8m15.5m

    Depreciation and Amortization

    		16.3m6.6m13.4m

    Inventories

    		(2.1m)(796.0k)(2.5m)

    Accounts Payable

    		7.1m3.5m(8.1m)
    show all
    USDY, 2018

    EV/EBIT

    		24.1 x

    EV/CFO

    		21.5 x

    EV/FCF

    		23.4 x

    Debt/Equity

    		0.4 x

    Debt/Assets

    		0.2 x

    Financial Leverage

    		2 x
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    Myers Industries Revenue Breakdown

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    Myers Industries revenue breakdown by business segment: 28.6% from Distribution and 71.4% from Material Handling

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    Competitors

    Discount Tire
    Automotive & Transportation - Private
    Arizona Sealing Devices
    Retail - Private
    US Precision Mold
    Manufacturing & Industrial - Private
    Fruth Custom Plastics
    Manufacturing & Industrial - Private
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    Myers Industries Online and Social Media Presence

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    Myers Industries News and Updates

    July 23, 2018

    Myers Industries: Buy The Pullback?

    May 07, 2018

    Myers Industries, Inc. 2018 Q1 - Results - Earnings Call Slides

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    Myers Industries Company Life and Culture

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     Myers Industries Frequently Asked Questions

    • When was Myers Industries founded?

      Myers Industries was founded in 1933.

    • Who are Myers Industries key executives?

      Myers Industries's key executives are R. David Banyard, Sarah R. Coffin and F. Jack Liebau.

    • How many employees does Myers Industries have?

      Myers Industries has 1,900 employees.

    • What is Myers Industries revenue?

      Latest Myers Industries annual revenue is $547 m.

    • What is Myers Industries revenue per employee?

      Latest Myers Industries revenue per employee is $287.9 k.

    • Who are Myers Industries competitors?

      Competitors of Myers Industries include Discount Tire, Arizona Sealing Devices and US Precision Mold.

    • Where is Myers Industries headquarters?

      Myers Industries headquarters is located at 1293 S Main St, Akron.

    • Where are Myers Industries offices?

      Myers Industries has an office in Akron.

    • How many offices does Myers Industries have?

      Myers Industries has 1 office.