Myers Industries Inc. announced results for the fourth quarter and full year ended Dec. 31, 2025.
Myers Industries President and CEO Aaron Schapper commented, “2025 was a great year for Myers as the team performed well and we made significant progress on Focused Transformation. As part of our portfolio realignment, we are focusing on our core businesses that protect from the ground up, while progressing with the sale of Myers Tire Supply. We streamlined our manufacturing operations to rationalize capacity and improved our cost structure, delivering on our commitment to reduce annualized costs by $20 million. We improved free cash flow, further strengthened our balance sheet and continued to deliver on debt and leverage reduction. We enter 2026 with momentum and confidence and are on the right track to deliver consistent, reliable results and create sustainable shareholder value.”
Fourth Quarter 2025 Financial Summary
- Net sales: Essentially flat year-over-year as we exited low-margin products with the idling of two rotational molding facilities. Excluding the impact from idling the Alliance, Ohio, facilities, net sales increased 3% year-over-year as higher volume was partially offset by lower price. By end market, Food & Beverage, Infrastructure, and Industrial growth was offset by soft Consumer and Vehicle demand.
- Gross profit and Operating income: Increased due to favorable mix, higher volume and reduced SG&A, partially offset by unfavorable price.
Full Year 2025 Financial Summary
- Net sales: Growth in Industrial and Infrastructure was more than offset by lower demand in Consumer, Vehicle and Automotive Aftermarket. Excluding the impact from idling the Alliance, Ohio, facilities and the decision to exit certain unprofitable products, net sales decreased 0.6% year-over-year.
- Gross profit and Operating income: Increased due to lower material cost, favorable cost productivity, favorable mix and benefits from its Focused Transformation program.
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