Metallus Inc. MTUS

Basic materials SIC 3312 - Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) NAICS Manufacturing › Primary Metal Manufacturing › Iron and Steel Mills and Ferroalloy Manufacturing derived NYSE

Metallus Inc., ("we", "us", "our", the "Company" or "Metallus") was incorporated in Ohio on October 24, 2013, and became an independent, publicly traded company as the result of a spinoff from The Timken Company ("Timken") on June 30, 2014. In the spinoff, Timken transferred to us all of the assets and generally all of the liabilities related to Timken's steel business.

We manufacture alloy steel, as well as carbon and micro-alloy steel, using electric arc furnace ("EAF") technology. Our portfolio includes special bar quality ("SBQ") bars, seamless mechanical tubing ("tubes"), manufactured components such as precision steel components, and billets. Additionally, we manage raw material recycling programs, which are used internally as a feeder system for our melt operations and allow us to sell scrap not used in our operations to third parties. Our products and solutions are used in a diverse range of demanding applications in the following end-markets: industrial; automotive; aerospace & defense; and energy.

Last close 20.41 2026-10-23
Market cap $846.0M 2026-06-30 share count
52-week range 14.19 - 22.58

Valuation FY2025 figures against the last close

P/S0.7x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.03

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Foreign
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 1B (89.7%) 90% United States Foreign, FY2025: 118.8M (10.3%) 10% Foreign FY2024 United States, FY2024: 951M (87.7%) 88% Foreign, FY2024: 133M (12.3%) 12% FY2023 United States, FY2023: 1.2B (91.0%) 91% Foreign, FY2023: 123M (9.0%) 9%
Region FY2025FY2024FY2023
United States $1.04B $951.0M $1.24B
Foreign $118.8M $133.0M $123.0M

As the company reported it, from the “Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.16B$1.08B$1.36B$1.33B$1.28B$830.7M$1.21B$1.61B$1.33B$869.5M
Cost of revenue $1.06B$986.3M$1.18B$1.20B$1.06B$815.1M$1.19B$1.48B$1.25B$841.6M
Gross profit $95.1M$97.7M$186.5M$126.7M$220.0M$15.6M$22.6M$126.6M$80.3M$27.9M
R&D ———$800.0K$1.7M$1.8M$4.1M$8.1M$8.0M$8.0M
SG&A $94.0M$87.7M$84.6M$73.8M$77.2M$76.7M$91.8M$98.2M$90.5M$90.2M
Operating income ———————$5.8M-$23.4M-$62.6M
Interest expense $4.9M$9.6M$7.1M$600.0K$6.2M$12.6M$15.7M$17.1M$14.8M$11.4M
Pre-tax income $1.9M$4.6M$96.4M$97.1M$176.7M-$60.7M-$126.1M-$8.2M-$29.8M-$142.0M
Income tax $3.1M$3.3M$27.0M$32.0M$5.7M$1.2M$16.1M$1.8M$1.5M$36.5M
Net income -$1.2M$1.3M$69.4M$65.1M$171.0M-$61.9M-$110.0M-$10.0M-$31.3M-$105.5M
EPS, basic -0.030.031.581.423.73-1.38-2.46-0.22-0.70-2.39
EPS, diluted -0.030.031.471.303.18-1.38-2.46-0.22-0.70-2.39
Shares, diluted (wtd. avg.) 41.9M44.3M47.8M51.5M55.0M45.0M44.8M44.6M44.4M44.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $156.7M$240.7M$280.6M$257.8M$259.6M$102.8M$27.1M$21.6M$24.5M$25.6M
Receivables $126.0M$90.8M$113.2M$79.4M$100.5M$63.3M$77.5M$163.4M$149.8M$91.6M
Inventory $243.2M$219.8M$228.0M$192.4M$210.9M$178.4M$281.9M$374.5M$224.0M$164.2M
Total current assets $553.2M$587.3M$656.8M$556.6M$582.3M$357.6M$401.7M$569.1M$410.2M$290.4M
Property, plant and equipment $562.5M$507.3M$492.5M$486.1M$510.2M$569.8M$626.4M$674.4M$706.7M$741.9M
Other intangibles $2.9M$3.4M$2.7M$5.0M$6.7M$9.3M$14.3M$17.8M$19.9M$25.0M
Total assets $1.14B$1.12B$1.18B$1.08B$1.16B$994.0M$1.09B$1.28B$1.16B$1.07B
Short-term debt —$5.4M$13.2M$20.4M$44.9M$38.9M————
Total current liabilities $314.9M$281.5M$248.4M$186.7M$250.8M$181.0M$112.3M$220.8M$206.8M$130.7M
Long-term debt —$0$0$0$0$39.3M$168.6M$74.1M—$70.2M
Total liabilities $454.2M$426.2M$443.7M$395.5M$494.3M$486.5M$522.1M$662.4M——
Retained earnings -$53.6M-$52.4M-$53.7M-$123.1M-$188.2M-$363.4M-$301.5M-$191.5M-$238.0M$150.4M
Total equity $686.0M$690.5M$731.6M$686.5M$664.6M$507.5M$563.1M$612.9M$616.7M$597.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $16.0M$40.3M$125.3M$134.5M$196.9M$173.5M$70.3M$18.5M$8.1M$74.4M
Depreciation and amortisation $56.6M$54.1M$56.9M$58.3M$63.1M$70.0M$73.5M$73.0M$74.9M$74.9M
Stock-based compensation $14.7M$14.0M$11.5M$8.8M$7.3M$6.6M$7.4M$7.3M$6.5M$6.7M
Capital expenditure $109.0M$64.3M$51.6M$27.1M$12.2M$16.9M$38.0M$40.0M$33.0M$42.7M
Investing cash flow -$75.2M-$10.8M-$49.9M-$21.7M-$4.8M-$6.0M-$38.0M-$39.0M-$33.0M-$42.7M
Financing cash flow -$25.2M-$68.9M-$51.9M-$114.6M-$35.3M-$91.8M-$26.8M$17.6M$23.8M-$48.5M
Dividends paid ————————$0$0
Buybacks $13.1M$37.6M$32.6M$52.0M$0$0$1.0M$700.0K$1.4M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-061042.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B 2B Revenue, FY2016: 869.5M Gross profit, FY2016: 27.9M Net income, FY2016: -105.5M Revenue, FY2017: 1.3B Gross profit, FY2017: 80.3M Net income, FY2017: -31.3M Revenue, FY2018: 1.6B Gross profit, FY2018: 126.6M Net income, FY2018: -10M Revenue, FY2019: 1.2B Gross profit, FY2019: 22.6M Net income, FY2019: -110M Revenue, FY2020: 830.7M Gross profit, FY2020: 15.6M Net income, FY2020: -61.9M Revenue, FY2021: 1.3B Gross profit, FY2021: 220M Net income, FY2021: 171M Revenue, FY2022: 1.3B Gross profit, FY2022: 126.7M Net income, FY2022: 65.1M Revenue, FY2023: 1.4B Gross profit, FY2023: 186.5M Net income, FY2023: 69.4M Revenue, FY2024: 1.1B Gross profit, FY2024: 97.7M Net income, FY2024: 1.3M Revenue, FY2025: 1.2B Gross profit, FY2025: 95.1M Net income, FY2025: -1.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $869.5M $1.33B $1.61B $1.21B $830.7M $1.28B $1.33B $1.36B $1.08B $1.16B
Gross profit $27.9M $80.3M $126.6M $22.6M $15.6M $220.0M $126.7M $186.5M $97.7M $95.1M
Net income -$105.5M -$31.3M -$10.0M -$110.0M -$61.9M $171.0M $65.1M $69.4M $1.3M -$1.2M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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