Myers Industries Reports Q1 Revenue of $164.6M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2026
0mins
Reports Q1 revenue $164.6M vs. $161.7M last year. Myers Industries President and CEO Aaron Schapper commented, "We began 2026 on a positive trajectory, delivering improved earnings and strong cash flow as our teams performed well and we benefited from recent actions to improve margins. Our decision to sell Myers Tire Supply better positions us to focus on our mission of providing our customers with Products that Protect. I am pleased with our performance and confident that we are well on our way to deliver consistent, reliable results and create sustainable shareholder value."
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Analyst Views on MYE
Wall Street analysts forecast MYE stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 21.990
Low
21.00
Averages
21.00
High
21.00
Current: 21.990
Low
21.00
Averages
21.00
High
21.00
About MYE
Myers Industries, Inc. is a manufacturer of sustainable plastic and metal products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also a distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the United States. Its Material Handling segment manufactures a selection of durable plastic reusable containers that are used repeatedly. Its products include pallets, small parts bins, bulk shipping containers, storage and organization products, custom plastic products, consumer fuel containers, and tanks for water, fuel and waste handling. Its Distribution Segment is engaged in the distribution of tools, equipment and supplies used for tire servicing, wheel, and automotive under-vehicle service on passenger, heavy truck, and off-road vehicles and the manufacturing of tire repair materials and custom rubber. It also manufactures composite matting ground protection for industrial applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Myers Industries Q1 2026 Earnings Call Insights
- Strong Financial Performance: In Q1 2026, Myers Industries reported a 57.1% year-over-year increase in adjusted EPS and a 27% rise in adjusted EBITDA, indicating positive momentum in revenue growth, improved earnings, and strong cash flow, reflecting the effectiveness of its transformation strategy.
- Strategic Restructuring Progress: The decision to sell MTS aims to simplify the product portfolio, expected to eliminate a fragmented customer base with limited overlap with other business segments, thereby optimizing market pathways and enhancing operational efficiency to strengthen the company's competitive position.
- Robust Infrastructure Demand: New customers accounted for 24% of Infrastructure revenue, and orders for the MegaDeck product surged over 130% year-over-year, providing confidence in the 2026 outlook and indicating a recovery in market demand.
- Cost Pressure Warning: Despite a strong first quarter, management cautioned that rising resin prices due to Middle East conflicts may pressure gross margins in Q2, and they are implementing measures to address future cost challenges.
See More
Myers Industries Q1 Earnings Beat Expectations
- Earnings Beat: Myers Industries reported a Q1 non-GAAP EPS of $0.44, exceeding expectations by $0.16, indicating strong profitability growth that boosts investor confidence.
- Revenue Miss: The revenue of $164.58 million, while up 1.8% year-over-year, fell short of expectations by $44.72 million, reflecting challenges from increased market competition and demand fluctuations.
- Strong Cash Flow: Free cash flow reached $23.9 million, up 28.5% from the previous quarter, demonstrating improvements in operational efficiency and capital management that support future investments and expansion.
- Debt Reduction: Net debt was reduced by $18.3 million, with a net leverage ratio of 2.2x, showcasing positive progress in financial stability that helps lower financing costs and enhance financial flexibility.
See More
Valtris Appoints Clint Shephard as Chief Human Resources Officer
- Executive Appointment: Valtris announces the appointment of Clint Shephard as the new Chief Human Resources Officer, responsible for leading the global talent strategy, marking a significant step in the company's transformation.
- Extensive Experience: Shephard previously served as Senior Director of Human Resources at Myers Industries, where he led HR strategy for a manufacturer of sustainable plastic and metal products, showcasing his deep industry background.
- Leadership Skills: During his 15 years at The Dow Chemical Company, Shephard held the position of Global HR Leader, focusing on talent strategy and organizational effectiveness, demonstrating a successful track record in driving growth and profitability.
- Strategic Vision: Shephard expressed his eagerness to collaborate with the team to further develop Valtris' corporate culture and drive the company's strategic ambitions, reflecting his confidence in the company's future growth.
See More
Myers Industries Elects New Board Member
- New Board Member: At yesterday's annual meeting, Myers Industries shareholders elected Patricia 'Tribby' Warfield to the Board of Directors, increasing the board to eight members, seven of whom are independent, thereby enhancing the company's governance structure.
- Extensive Leadership Experience: Warfield brings over three decades of global business leadership experience, having held executive roles at notable companies, most recently as CEO of APC Automotive Technologies, and her addition is expected to drive strategic value for the company.
- International Background: Having worked in the United States, United Kingdom, Germany, Belgium, and Italy, Warfield has successfully led various strategic initiatives, indicating her global perspective and cross-cultural management skills that will aid Myers in expanding its international market presence.
- Academic and Industry Engagement: She currently serves on the boards of several companies and advises at the University of Colorado Denver Business School, demonstrating her extensive influence in the industry and deep understanding of corporate governance.
See More
Myers Industries (MYE) Q4 2025 Earnings Transcript
See More
Myers Reports Q4 2025 Earnings with Positive EPS Beat
- Earnings Highlights: Myers reported a Q4 2025 non-GAAP EPS of $0.31, beating expectations by $0.08, indicating improved profitability, while revenue remained flat at $203.97 million, reflecting stable market demand.
- Cash Flow Performance: The company generated $22.6 million in cash flow from operations and $18.9 million in free cash flow with capital expenditures of $3.6 million, showcasing effective cost management and investment strategies that enhance future growth potential.
- Market Outlook: The 2026 outlook indicates moderate growth for the industrial segment, accounting for 41% of sales, while the infrastructure segment is expected to see strong growth at 19%, highlighting strategic positioning in key sectors, particularly construction and industrial applications.
- Product Portfolio Adjustment: The planned divestment of Myers Tire Supply means no outlook is provided for the automotive aftermarket, a strategic move aimed at reallocating resources to high-growth areas, thereby improving overall business efficiency and profitability.
See More
Myers Industries Q1 2026 Earnings Call Insights
- Strong Financial Performance: In Q1 2026, Myers Industries reported a 57.1% year-over-year increase in adjusted EPS and a 27% rise in adjusted EBITDA, indicating positive momentum in revenue growth, improved earnings, and strong cash flow, reflecting the effectiveness of its transformation strategy.
- Strategic Restructuring Progress: The decision to sell MTS aims to simplify the product portfolio, expected to eliminate a fragmented customer base with limited overlap with other business segments, thereby optimizing market pathways and enhancing operational efficiency to strengthen the company's competitive position.
- Robust Infrastructure Demand: New customers accounted for 24% of Infrastructure revenue, and orders for the MegaDeck product surged over 130% year-over-year, providing confidence in the 2026 outlook and indicating a recovery in market demand.
- Cost Pressure Warning: Despite a strong first quarter, management cautioned that rising resin prices due to Middle East conflicts may pressure gross margins in Q2, and they are implementing measures to address future cost challenges.
See More
Myers Industries Q1 Earnings Beat Expectations
- Earnings Beat: Myers Industries reported a Q1 non-GAAP EPS of $0.44, exceeding expectations by $0.16, indicating strong profitability growth that boosts investor confidence.
- Revenue Miss: The revenue of $164.58 million, while up 1.8% year-over-year, fell short of expectations by $44.72 million, reflecting challenges from increased market competition and demand fluctuations.
- Strong Cash Flow: Free cash flow reached $23.9 million, up 28.5% from the previous quarter, demonstrating improvements in operational efficiency and capital management that support future investments and expansion.
- Debt Reduction: Net debt was reduced by $18.3 million, with a net leverage ratio of 2.2x, showcasing positive progress in financial stability that helps lower financing costs and enhance financial flexibility.
See More
Valtris Appoints Clint Shephard as Chief Human Resources Officer
- Executive Appointment: Valtris announces the appointment of Clint Shephard as the new Chief Human Resources Officer, responsible for leading the global talent strategy, marking a significant step in the company's transformation.
- Extensive Experience: Shephard previously served as Senior Director of Human Resources at Myers Industries, where he led HR strategy for a manufacturer of sustainable plastic and metal products, showcasing his deep industry background.
- Leadership Skills: During his 15 years at The Dow Chemical Company, Shephard held the position of Global HR Leader, focusing on talent strategy and organizational effectiveness, demonstrating a successful track record in driving growth and profitability.
- Strategic Vision: Shephard expressed his eagerness to collaborate with the team to further develop Valtris' corporate culture and drive the company's strategic ambitions, reflecting his confidence in the company's future growth.
See More
Myers Industries Elects New Board Member
- New Board Member: At yesterday's annual meeting, Myers Industries shareholders elected Patricia 'Tribby' Warfield to the Board of Directors, increasing the board to eight members, seven of whom are independent, thereby enhancing the company's governance structure.
- Extensive Leadership Experience: Warfield brings over three decades of global business leadership experience, having held executive roles at notable companies, most recently as CEO of APC Automotive Technologies, and her addition is expected to drive strategic value for the company.
- International Background: Having worked in the United States, United Kingdom, Germany, Belgium, and Italy, Warfield has successfully led various strategic initiatives, indicating her global perspective and cross-cultural management skills that will aid Myers in expanding its international market presence.
- Academic and Industry Engagement: She currently serves on the boards of several companies and advises at the University of Colorado Denver Business School, demonstrating her extensive influence in the industry and deep understanding of corporate governance.
See More
Myers Industries (MYE) Q4 2025 Earnings Transcript
See More
Myers Reports Q4 2025 Earnings with Positive EPS Beat
- Earnings Highlights: Myers reported a Q4 2025 non-GAAP EPS of $0.31, beating expectations by $0.08, indicating improved profitability, while revenue remained flat at $203.97 million, reflecting stable market demand.
- Cash Flow Performance: The company generated $22.6 million in cash flow from operations and $18.9 million in free cash flow with capital expenditures of $3.6 million, showcasing effective cost management and investment strategies that enhance future growth potential.
- Market Outlook: The 2026 outlook indicates moderate growth for the industrial segment, accounting for 41% of sales, while the infrastructure segment is expected to see strong growth at 19%, highlighting strategic positioning in key sectors, particularly construction and industrial applications.
- Product Portfolio Adjustment: The planned divestment of Myers Tire Supply means no outlook is provided for the automotive aftermarket, a strategic move aimed at reallocating resources to high-growth areas, thereby improving overall business efficiency and profitability.
See More
