MYERS INDUSTRIES (MYE) Company Report

Myers Industries reported Q3 2025 net sales of $205.4 million and adjusted EPS of $0.26, marking a year-over-year increase.
The company generated $21.5 million in free cash flow for Q3 2025, doubling compared to the prior year, attributed to effective working capital management and disciplined capital spending.
As part of its Focus Transformation Program, Myers Industries decided to sell its MTS business to optimize its portfolio and is on track to deliver $20 million in annualized cost savings by the end of 2025.
The 2025 market outlook was updated, projecting moderate growth in Industrials (with military sales up 119% year-to-date) and strong growth in Infrastructure, while anticipating declines in the Vehicle and Consumer end markets.

Oct 30, 2025, 12:30 PM

Myers Industries Announces Q3 2025 Results

MYE

Earnings

Share Buyback

Demand Weakening

Myers Industries reported Net Sales of $205.4 million and Adjusted Diluted EPS of $0.26 for Q3 2025, marking a 0.2% and 4.0% increase year-over-year, respectively.
Profitability improved with Adjusted Gross Profit up 5.0% to $69.7 million and Adjusted Operating Income up 1.8% to $20.9 million, driven by higher volume, favorable mix, cost productivity, and lower material costs.
The company generated $21.5 million in free cash flow in Q3 2025, more than doubling year-over-year, and reduced total debt by $10 million, bringing the net leverage ratio to 2.6x.
Strategic initiatives include being on track for $20 million in targeted cost reductions by year-end 2025, the intent to sell Myers Tire Supply, and repurchasing $0.5 million in shares during the quarter as part of a $10 million share buyback program.
Growth in the Infrastructure and Industrial segments was partially offset by soft demand in the Vehicle, Consumer, and Automotive Aftermarket sectors.

Oct 30, 2025, 12:30 PM

Myers Industries Announces Strong Q3 2025 Results and Initiates Sale of Myers Tire Supply

MYE

Earnings

Guidance Update

M&A

Myers Industries Inc. reported Q3 2025 net sales of $205.4 million, a slight increase from $205.1 million in Q3 2024, driven by higher demand in Infrastructure and Industrial end markets.
The company achieved net income of $7.1 million or $0.19 per diluted share in Q3 2025, a significant improvement from a net loss of $(10.9) million or $(0.29) per diluted share in Q3 2024. Adjusted earnings per diluted share increased to $0.26 from $0.25 year-over-year.
Gross profit increased by 5.3% to $68.6 million (gross margin of 33.4%) in Q3 2025, up from $65.1 million (gross margin of 31.8%) in Q3 2024, attributed to favorable product mix, higher volume, and lower material costs.
Myers Industries generated $21.5 million in free cash flow during Q3 2025, an increase from $10.1 million in Q3 2024, and announced the initiation of a sale process for its Myers Tire Supply business with KeyBanc as financial advisor. The company also identified $19 million in structural cost reductions and is on track to deliver $20 million in annualized cost savings by the end of 2025.

Oct 30, 2025, 11:05 AM

Myers Industries Announces Third Quarter 2025 Results and Initiates Divestiture

MYE

Earnings

M&A

Guidance Update

Myers Industries reported net sales of $205,435 thousand and adjusted earnings per diluted share of $0.26 for the third quarter ended September 30, 2025.
The company achieved a 5.3% increase in gross profit to $68,570 thousand and significantly improved free cash flow to $21.5 million in Q3 2025, up from $10.1 million in Q3 2024.
Myers Industries has initiated a sale process for its Myers Tire Supply business, partnering with KeyBanc as a financial advisor.
The company identified $19 million in structural cost reductions and is on track to deliver $20 million in annualized cost savings by the end of 2025.
Total debt was reduced by $10.0 million, resulting in a net leverage ratio of 2.6x, and $0.5 million in shares were repurchased during the quarter.

Oct 30, 2025, 11:00 AM

Myers Industries Reports Q2 2025 Financial Results and Strategic Initiatives

MYE

Earnings

Guidance Update

Demand Weakening

Myers Industries Inc. reported a decline in Q2 2025 financial results, with Net Sales of $209.6 million, down 4.8%, and Adjusted Diluted EPS of $0.31, down 20.5% compared to Q2 2024. This was primarily due to soft demand in Vehicle and Automotive Aftermarket, partially offset by strong military sales in Industrial, and impacted by lower pricing and volume.
Despite the revenue decline, the company generated strong free cash flow of $24.7 million in Q2 2025, an increase of $14.8 million from the prior year.
As part of its 'Focused Transformation' efforts, Myers Industries is launching a strategic review of Myers Tire Supply, which represents $189 million in sales over the last twelve months, and is consolidating rotational molding production capacity to achieve at least $3 million in annual savings.
The company is on track to achieve $20 million in annualized cost savings by the end of 2025, primarily through SG&A optimization, with a clear line of sight to $18 million. The full-year market outlook remains unchanged.

Jul 31, 2025, 12:30 PM

Earnings Transcripts

Quarterly earnings call transcripts for MYERS INDUSTRIES.

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