📊 MYE Key Takeaways
Is Myers Industries Inc. (MYE) a Good Investment?
Myers Industries generates strong free cash flow ($23.4M annually) and maintains healthy liquidity, but is dragged into unprofitability (-$1.8M net income) by excessive debt burden ($331.4M with 1.15x D/E ratio). Declining revenue, negative ROE/ROA, and debt service consuming operating profits present material risks despite impressive EPS improvement trend.
MYE generates strong free cash flow and maintains healthy liquidity with robust interest coverage, indicating resilient operations despite a modest revenue decline. Margins are solid for the industry, supporting ongoing debt service and optionality for reinvestment or deleveraging. However, flat net income and negative top-line growth temper near-term upside until demand and pricing/mix re-accelerate.
Myers Industries Inc. Key Strengths (MYE)
- Strong free cash flow generation of $23.4M (14.2% FCF margin) demonstrates underlying business cash generation capability
- Healthy liquidity position with 1.65x current ratio and 1.29x quick ratio provides financial cushion
- Adequate interest coverage ratio of 5.1x and positive operating cash flow of $26.2M show near-term debt service capacity
- Dramatic EPS improvement of 389.5% YoY signals potential path to profitability recovery
- Low capital intensity (CapEx only $2.8M) enables maximum cash conversion from operations
- Strong FCF generation and conversion (8.1% margin, ~2x NI)
- Healthy liquidity and coverage (1.67x current, 15.2x interest coverage)
- Solid operating discipline (33.4% gross, 9.0% operating margin)
MYE Stock Risks: Myers Industries Inc. Investment Risks
- Currently unprofitable on net income basis (-$1.8M) with negative ROE (-0.6%) and ROA (-0.2%) destroying shareholder value
- Excessive debt burden ($331.4M long-term debt) with 1.15x debt/equity ratio consuming profitability through interest expense
- Declining revenue (-1.3% YoY) pressures operating leverage and jeopardizes free cash flow sustainability
- Operating cash flow of $26.2M must cover significant debt service, leaving minimal margin for error or business deterioration
- Negative net margins indicate structural profitability problem beyond temporary cyclicality
- Top-line contraction (-1.3% YoY) and thin 4.2% net margin
- Input cost volatility (resins, freight) could compress margins
- Moderate leverage (1.18x D/E) poses refinancing/interest-rate risk
Key Metrics to Watch
- Net income trajectory and path to sustained profitability
- Debt reduction progress and leverage ratio improvement toward <1.0x D/E
- Revenue stabilization and return to positive growth
- Operating cash flow maintenance and coverage of debt service obligations
- Operating margin sustainability under revenue pressure
- Revenue growth (YoY)
- Operating margin
Myers Industries Inc. (MYE) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Myers Industries Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
MYE Profit Margin, ROE & Profitability Analysis
MYE vs Materials Sector: How Myers Industries Inc. Compares
How Myers Industries Inc. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Myers Industries Inc. Stock Overvalued? MYE Valuation Analysis 2026
Based on fundamental analysis, Myers Industries Inc. shows some fundamental concerns relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Myers Industries Inc. Balance Sheet: MYE Debt, Cash & Liquidity
MYE Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Myers Industries Inc.'s revenue has shown modest growth of 10% over the 5-year period. The most recent EPS of $1.32 reflects profitable operations.
MYE Revenue Growth, EPS Growth & YoY Performance
MYE Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $161.7M | -$1.8M | $-0.05 |
| Q3 2025 | $205.1M | $2.9M | $0.08 |
| Q2 2025 | $209.6M | $9.7M | $0.26 |
| Q1 2025 | $206.8M | $3.5M | $0.09 |
| Q3 2024 | $197.8M | $2.9M | $0.08 |
| Q2 2024 | $208.5M | $10.3M | $0.28 |
| Q1 2024 | $207.1M | $3.5M | $0.09 |
| Q3 2023 | $197.8M | $12.7M | $0.34 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Myers Industries Inc. Dividends, Buybacks & Capital Allocation
MYE SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Myers Industries Inc. (CIK: 0000069488)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MYE
What is the AI rating for MYE?
Myers Industries Inc. (MYE) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 67% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MYE's key strengths?
Claude: Strong free cash flow generation of $23.4M (14.2% FCF margin) demonstrates underlying business cash generation capability. Healthy liquidity position with 1.65x current ratio and 1.29x quick ratio provides financial cushion. ChatGPT: Strong FCF generation and conversion (8.1% margin, ~2x NI). Healthy liquidity and coverage (1.67x current, 15.2x interest coverage).
What are the risks of investing in MYE?
Claude: Currently unprofitable on net income basis (-$1.8M) with negative ROE (-0.6%) and ROA (-0.2%) destroying shareholder value. Excessive debt burden ($331.4M long-term debt) with 1.15x debt/equity ratio consuming profitability through interest expense. ChatGPT: Top-line contraction (-1.3% YoY) and thin 4.2% net margin. Input cost volatility (resins, freight) could compress margins.
What is MYE's revenue and growth?
Myers Industries Inc. reported revenue of $164.6M.
Does MYE pay dividends?
Myers Industries Inc. pays dividends, with $5.1M distributed to shareholders in the trailing twelve months.
Where can I find MYE SEC filings?
Official SEC filings for Myers Industries Inc. (CIK: 0000069488) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MYE's EPS?
Myers Industries Inc. has a diluted EPS of $-0.05.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is MYE's fundamental grade?
Based on our AI fundamental analysis in May 2026, Myers Industries Inc. has a C grade with 67% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is MYE stock overvalued or undervalued?
Valuation metrics for MYE: ROE of -0.6% (sector avg: 14%), net margin of -1.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is MYE's AI grade for 2026?
Our dual AI analysis gives Myers Industries Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MYE's free cash flow?
Myers Industries Inc.'s operating cash flow is $26.2M, with capital expenditures of $2.8M. FCF margin is 14.2%.
How does MYE compare to other Materials stocks?
Vs Materials sector averages: Net margin -1.1% (avg: 10%), ROE -0.6% (avg: 14%), current ratio 1.65 (avg: 1.6).