Company research
Metallus Inc.
CIK 1598428Updated Sep 27, 2026
SecurityMTUS · NYSE · equity
Name history
TimkenSteel Corp · through Feb 14, 2024
MTUS price & chart
Loading TradingView…
NYSE:MTUS on TradingView ↗About the company
Metallus (NYSE: MTUS) manufactures high-performance specialty metals from recycled scrap metal in Canton, OH, serving demanding applications in industrial, automotive, aerospace & defense and energy end-markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and manufactured components. In the business of making high-quality steel for more than 100 years, Metallus' proven expertise contributes to the performance of our customers' products. The company employs approximately 1,905 people and had sales of $1.2 billion in 2025. For more information, please visit us at www.metallus.com.
In the news
Metallus Announces Third-Quarter 2025 Earnings Webcast Details News provided by Metallus Inc. Oct 17, 2025, 08:22 ET Share this article Share to X Share this article Share to X CANTON, Ohio , Oct. 17, 2025 /PRNewswire-PRWeb/ -- Metallus (NYSE: MTUS ), a leader in high-quality specialty metals, manuf ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,140,200,000Source | 1,116,700,000Source | 1,175,300,000Source | 1,082,000,000Source |
| Property, Plant and Equipment, NetUSD | 562,500,000Source | 507,300,000Source | 492,500,000Source | 486,100,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,900,000Source | 3,400,000Source | 2,700,000Source | 5,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 156,700,000Source | 240,700,000Source | 280,600,000Source | 257,200,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 126,000,000Source | 90,800,000Source | 113,200,000Source | 79,400,000Source |
| Inventory, NetUSD | 243,200,000Source | 219,800,000Source | 228,000,000Source | 192,400,000Source |
| Assets, CurrentUSD | 553,200,000Source | 587,300,000Source | 656,800,000Source | 556,600,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 26,400,000Source | 29,900,000Source | 10,300,000Source | 6,400,000Source |
| Operating Lease, Right-of-Use AssetUSD | 11,400,000Source | 11,700,000Source | 11,400,000Source | 12,500,000Source |
| Other Assets, NoncurrentUSD | 1,100,000Source | 1,500,000Source | 2,000,000Source | 2,400,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 454,200,000Source | 426,200,000Source | 443,700,000Source | 395,500,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | -53,600,000Source | -52,400,000Source | -53,700,000Source | -123,100,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 5,400,000Source | 7,700,000Source | 12,400,000Source | 14,700,000Source |
| Stockholders' Equity Attributable to ParentUSD | 686,000,000Source | 690,500,000Source | 731,600,000Source | 686,500,000Source |
| Additional Paid in Capital, Common StockUSD | 850,200,000Source | 843,900,000Source | 844,200,000Source | 847,000,000Source |
| Liabilities and EquityUSD | 1,140,200,000Source | 1,116,700,000Source | 1,175,300,000Source | 1,082,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 314,900,000Source | 281,500,000Source | 248,400,000Source | 186,700,000Source |
| Operating Lease, Liability, CurrentUSD | 4,000,000Source | 4,800,000Source | 5,000,000Source | 6,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 7,300,000Source | 6,900,000Source | 6,400,000Source | 6,500,000Source |
| Deferred Income Tax Liabilities, NetUSD | 16,900,000Source | 14,300,000Source | 15,000,000Source | 25,900,000Source |
| Other Liabilities, NoncurrentUSD | 12,100,000Source | 13,300,000Source | 13,400,000Source | 13,500,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 16,900,000Source | 14,300,000Source | 15,000,000Source | 25,900,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 0Source | 0Source | 0Source |
| Long-term Debt, Current MaturitiesUSD | — | 5,400,000Source | 13,200,000Source | 20,400,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 0Source | 0Source | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 56,600,000Source | 54,100,000Source | 56,900,000Source | 58,300,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 14,700,000Source | 14,000,000Source | 11,500,000Source | 8,800,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 34,700,000Source | -21,700,000Source | 33,400,000Source | -21,300,000Source |
| Increase (Decrease) in InventoriesUSD | 22,900,000Source | -7,300,000Source | 34,900,000Source | -18,800,000Source |
| Increase (Decrease) in Accounts PayableUSD | 29,100,000Source | -19,200,000Source | 15,300,000Source | -33,200,000Source |
| Deferred Income Tax Expense (Benefit)USD | 3,700,000Source | 500,000Source | -9,700,000Source | 24,900,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 16,000,000Source | 40,300,000Source | 125,300,000Source | 134,500,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -75,200,000Source | -10,800,000Source | -49,900,000Source | -21,700,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 2,600,000Source | 15,500,000Source | 3,400,000Source | 2,000,000Source |
| Payments for Repurchase of Common StockUSD | 13,100,000Source | 37,600,000Source | 32,600,000Source | 52,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -25,200,000Source | -68,900,000Source | -51,900,000Source | -114,600,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -84,400,000Source | -39,400,000Source | 23,500,000Source | -1,800,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 157,500,000Source | 241,900,000Source | 281,300,000Source | 257,800,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | -7,100,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 14,700,000Source | 14,000,000Source | 11,500,000Source | 8,800,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 400,000Source | 500,000Source | 500,000Source | 700,000Source |
| Amortization of Intangible AssetsUSD | 900,000Source | 1,700,000Source | 2,300,000Source | 2,800,000Source |
| DepreciationUSD | 55,700,000Source | 52,400,000Source | 54,600,000Source | 55,500,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 200,000Source | -400,000Source | 0Source | 200,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 1,300,000Source | 600,000Source | 2,500,000Source | 1,900,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 1,300,000Source | -600,000Source | 2,500,000Source | -1,900,000Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | -3,600,000Source | -9,400,000Source | -11,400,000Source | -43,100,000Source |
| Income Tax Expense (Benefit)USD | 3,100,000Source | 3,300,000Source | 27,000,000Source | 32,000,000Source |
| Investment Income, InterestUSD | 6,700,000Source | 12,100,000Source | 9,800,000Source | 3,300,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,200,000Source | 1,300,000Source | 69,400,000Source | 65,100,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,200,000Source | 1,300,000Source | 69,400,000Source | 65,100,000Source |
| Other Nonoperating Income (Expense)USD | 900,000Source | -5,000,000Source | -3,700,000Source | 90,600,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 1,400,000Source | 2,800,000Source | 8,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,158,300,000Source | 1,084,000,000Source | 1,362,400,000Source | 1,329,900,000Source |
| Cost of RevenueUSD | 1,063,200,000Source | 986,300,000Source | 1,175,900,000Source | 1,203,200,000Source |
| Selling, General and Administrative ExpenseUSD | 94,000,000Source | 87,700,000Source | 84,600,000Source | 73,800,000Source |
| Other Nonoperating Income (Expense)USD | 900,000Source | -5,000,000Source | -3,700,000Source | 90,600,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,900,000Source | 4,600,000Source | 96,400,000Source | 97,100,000Source |
| Income Tax Expense (Benefit)USD | 3,100,000Source | 3,300,000Source | 27,000,000Source | 32,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,200,000Source | 1,300,000Source | 69,400,000Source | 65,100,000Source |
| Earnings Per Share, BasicUSD per share | -0.03Source | 0.03Source | 1.58Source | 1.42Source |
| Earnings Per Share, DilutedUSD per share | -0.03Source | 0.03Source | 1.47Source | 1.3Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 41,900,000Source | 43,200,000Source | 43,800,000Source | 45,800,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 41,900,000Source | 44,300,000Source | 47,800,000Source | 51,500,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 900,000Source | 1,700,000Source | 2,300,000Source | 2,800,000Source |
| Current Income Tax Expense (Benefit)USD | -600,000Source | 2,800,000Source | 36,700,000Source | 7,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 200,000Source | -400,000Source | 0Source | 200,000Source |
| Gross ProfitUSD | 95,100,000Source | 97,700,000Source | 186,500,000Source | 126,700,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 3,600,000Source | 4,500,000Source | 103,200,000Source | 108,500,000Source |
| Interest ExpenseUSD | — | — | 2,700,000Source | 3,900,000Source |
| InterestExpenseOperatingUSD | 1,800,000Source | 2,500,000Source | — | — |
| Interest Income (Expense), NetUSD | 4,900,000Source | 9,600,000Source | 7,100,000Source | -600,000Source |
| Investment Income, InterestUSD | 6,700,000Source | 12,100,000Source | 9,800,000Source | 3,300,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,200,000Source | 1,300,000Source | 69,400,000Source | 65,100,000Source |
| Reclassification from AOCI, Current Period, before Tax, Attributable to ParentUSD | 3,600,000Source | 3,600,000Source | 4,600,000Source | 4,700,000Source |
| Research and Development ExpenseUSD | — | — | — | 800,000Source |
Filing attachments
mtus-ex99_1.htm · 8-K · 2026-08-31
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces Planned Retirement of Chief Executive Officer Michael Williams; Kristopher Westbrooks Named Successor CANTON, Ohio: August 31, 2026 - Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, today announced that Michael (Mike) S. Williams has notified the company’s board of directors of his intention to retire from his position as chief executive officer…
Read attachment ↗mtus-ex99_1.htm · 8-K · 2026-08-03
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces Second-Quarter 2026 Results • Net sales of $341.0 million, up 11% sequentially and 12% year over year, while net income increased to $8.9 million from $5.4 million in the first quarter and $3.7 million in the prior-year quarter • Adjusted EBITDA of $29.0 million, an increase of 18% sequentially and 9% year over year • Invested $15.2 million in strategic capital expenditures and $3.6 million to repurchase common sh…
Read attachment ↗mtus-ex99_1.htm · 8-K · 2026-05-04
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces First-Quarter 2026 Results • Net sales of $308.3 million, up 10% compared to prior-year first quarter, and net income of $5.4 million • Adjusted EBITDA of $24.6 million, an increase of 39% compared to prior-year first quarter • Invested $24.7 million in strategic capital expenditures and $4.3 million to repurchase common shares • Continued year‑over‑year growth in the order book underscores stronger demand • Fir…
Read attachment ↗mtus-ex99_1.htm · 8-K · 2026-02-19
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces Fourth-Quarter and Full-Year 2025 Results • Delivered net sales of $1.2 billion in 2025, a 7% increase over 2024, driven by improved market demand • Full-year operating cash flow of $16.0 million; ending cash and cash equivalents of $156.7 million • Invested $109.0 million in capital expenditures to advance strategic and operational priorities, and deployed $22.2 million to repurchase common shares and settle conv…
Read attachment ↗mtus-ex99_1.htm · 8-K · 2025-11-06
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces Third-Quarter 2025 Results • Net sales of $305.9 million with net income of $8.1 million and adjusted EBITDA(1) of $29.0 million • Operating cash flow of $22.0 million with ending cash and cash equivalents of $191.5 million • Invested $28.4 million in capital expenditures and deployed $3.0 million to repurchase common shares • Total liquidity(2) of $436.9 million as of September 30, 2025 CANTON, Ohio: November 6…
Read attachment ↗mtus-ex99_1.htm · 8-K · 2025-08-07
EX-99.1 2 mtus-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Metallus Announces Second-Quarter 2025 Results • Net sales of $304.6 million with net income of $3.7 million and adjusted EBITDA(1) of $26.5 million • Operating cash flow of $34.8 million with ending cash and cash equivalents of $190.8 million • Invested $17.8 million in capital expenditures and deployed $3.3 million to repurchase common shares • During the quarter, the company settled its remaining convertible notes; total liquidi…
Read attachment ↗