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Stock research / United States / MTUS · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · NYSE

Metallus Inc. (MTUS)

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Metallus Inc. (MTUS) reported revenue of $341 million for Q2 FY2026, the quarter ended 30 June 2026, up 12.0% on the same quarter a year earlier. Net income was $9 million, up 140.5% on the year, and diluted earnings per share $0.21. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$341 millionup 12.0%
Net income$9 millionup 140.5%
Diluted EPS$0.21
QuarterQ2 FY2026ended 30 June 2026

Metallus (MTUS) in brief

Metallus (MTUS) reported revenue of $1.2 billion for fiscal 2025, the year ended 31 December 2025, up 6.9% on the year before.
Read moreNet loss was $1 million and the diluted loss per share $0.03. Revenue was $1.1 billion in fiscal 2024, $1.4 billion in fiscal 2023, $1.3 billion in fiscal 2022 and $1.3 billion in fiscal 2021. Net income in the same years was $1 million, $69 million, $65 million and $171 million. Over the twelve months to 30 June 2026, Metallus reported revenue of $1.2 billion and net income of $8 million. Revenue grew 6.9% a year, compounded, over the five years to fiscal 2025. Metallus had 41 million shares outstanding at the latest filed count. At 30 June 2026 it carried $0 million of debt and $109 million of cash. At the close of 9 October 2026 the market cap of Metallus was $828 million, 105.2 times its earnings over the last twelve months.

Ratios

From the filings

ROE1.2%
ROCEn/a
Operating marginn/a
Net margin0.7%
FCF margin-8.0%
Interest covern/a
Debt to equity0.00
Cash conversion0.74
Share count, 1 year-0.9%
Sales CAGR, 3 years-4.5%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.19

At the close of 9 October 2026

Price$19.98
Market cap$828 million
Stock P/E105.16
Price to book1.20
EV / EBITDAn/a
Dividend yield0.0%
Market cap / sales0.68
52-week high$22.03
52-week low$14.56
Price, 1 year21.1%
Price CAGR, 3 years-2.3%
Price CAGR, 5 years7.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Metallus Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
MTUSgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MTUS

Filings14 in twelve months: 7 current reports (8-K), about 5 regulation FD disclosure; 4 results of operations; 1 officer or director change; 1 material agreement; 1 new financial obligation
Planned insider sales6 Form 144 notices in twelve months, $4.0 million; latest 5 October 2026
Options tapeput/call 0.47 by open interest at the 9 October 2026 close; the straddle prices a 5.1% move to 16 October 2026
13F holders6 of the followed funds hold it; largest Geode Capital Management; 4 Schedule 13D or 13G filings in twelve months
Insider trading14 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.0 million shares short, 5.86 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue354328322295227240280305306267308341
Cost of revenue303287271271215230259272271261283307
Gross profit51.041.450.624.112.110.921.932.235.06.025.134.1
Gross margin14%13%16%8%5%5%8%11%11%2%8%10%
SG&A20.522.724.120.722.520.424.322.924.522.322.223.7
Interest expense0.60.80.60.7n/an/a0.5n/an/an/an/an/a
Pre-tax income34.63.730.06.1-7.1-24.42.98.610.9-20.58.011.9
Tax rate28%65%20%25%n/an/a55%57%26%n/a32%25%
Net income24.81.324.04.6-5.9-21.41.33.78.1-14.35.48.9
Net margin7%0%7%2%-3%-9%0%1%3%-5%2%3%
Diluted EPS$0.51$0.03$0.52$0.10-$0.13-$0.50$0.03$0.09$0.19-$0.34$0.13$0.21
Operating cash flow28.174.133.48.3-15.313.9-38.934.822.0-1.9-26.912.8
Capital expenditure17.515.417.414.117.615.227.517.828.435.324.715.2
Free cash flow10.658.716.0-5.8-32.9-1.3-66.417.0-6.4-37.2-51.6-2.4
Buybacks7.74.14.49.620.13.55.63.33.01.24.33.6
Shares outstanding43m44m44m43m42m42m42m42m42m42m42m41m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Revenue1,6741,1068701,3291,6111,2098311,2831,3301,3621,0841,1581,222
Cost of revenue1,4731,0928421,2491,4841,1868151,0631,2031,1769861,0631,122
Gross profit20114.727.980.312722.615.622012718697.795.1100
Gross margin12.0%1.3%3.2%6.0%7.9%1.9%1.9%17.1%9.5%13.7%9.0%8.2%8.2%
Research and development8.58.68.08.08.14.11.81.70.8n/an/an/an/a
Selling, general and administrative12910890.290.598.291.876.777.273.884.687.794.092.7
Operating income71.0-99.4-62.6-23.45.8n/an/an/an/an/an/an/an/a
Operating margin4.2%-9.0%-7.2%-1.8%0.4%n/an/an/an/an/an/an/an/a
Interest expense0.93.411.414.817.115.712.66.23.92.7n/an/an/a
Pre-tax income158-115-142-29.8-8.2-126-60.717797.196.44.61.910.3
Income tax22.6-26.7-36.51.51.8-16.11.25.732.027.03.33.12.2
Effective tax rate14.3%n/an/an/an/an/an/a3.2%33.0%28.0%71.7%163.2%21.4%
Net income46.1-45.0-106-31.3-10.0-110-61.917165.169.41.3-1.28.1
Net margin2.8%-4.1%-12.1%-2.4%-0.6%-9.1%-7.5%13.3%4.9%5.1%0.1%-0.1%0.7%
Diluted EPS$1.00-$1.01-$2.39-$0.70-$0.22-$2.46-$1.38$3.18$1.30$1.47$0.03-$0.03$0.19
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Bar91764270360.7%
Manufactured Components25328431227.0%
Tube17013912610.9%
Other21.819.017.11.5%
BarManufactured ComponentsTubeOther
1,362FY20231,084FY20241,158FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States1,2399511,04089.7%
Foreign12313311910.3%
United StatesForeign
1,362FY20231,084FY20241,158FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Operating cash flow93.910774.48.118.570.317419713412540.316.06.0
Capital expenditure13078.242.733.040.038.016.912.227.151.664.3109104
Free cash flow-35.728.931.7-24.9-21.532.315718510773.7-24.0-93.0-97.6
Free cash flow margin-2.1%2.6%3.6%-1.9%-1.3%2.7%18.9%14.4%8.1%5.4%-2.2%-8.0%-8.0%
Cash from investing-130-77.8-42.7-33.0-39.0-38.0-6.0-4.8-21.7-49.9-10.8-75.2-72.3
Cash from financing70.2-21.4-48.523.817.6-26.8-91.8-35.3-115-51.9-68.9-25.2-16.7
Depreciation and amortisation58.073.474.974.973.073.570.063.158.356.954.156.655.9
Share-based compensation6.07.06.76.57.37.46.67.38.811.514.014.714.2
Buybacks34.715.20.00.0n/an/a0.00.052.032.637.613.112.1
Dividends paid12.718.70.00.0n/an/an/an/an/an/an/an/an/a
Dividend per share$0.28$0.42$0.00$0.00n/an/an/an/an/an/an/an/an/a
Diluted shares, weighted46m44m44m44m45m45m45m55m52m48m44m42m43m
Shares outstanding at period end45mn/an/an/an/an/an/an/an/an/an/an/a41m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equityn/an/a597617613563508665686732690686692
Non-controlling interest750682n/an/an/an/an/an/an/an/an/an/an/a
Debt18520070.2n/a74.116978.244.920.413.25.40.00.0
Operating lease liabilitiesn/an/an/an/an/a8.213.58.86.56.46.97.38.0
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/a0.02.81.8
Other liabilities429260402540588345395441369424414444441
Total liabilities and equity1,3641,1421,0701,1571,2751,0859941,1591,0821,1751,1171,1401,143
Owned
Fixed assets772769742707674626570510486492507562565
Intangible assets30.330.625.019.917.814.39.36.75.02.73.42.92.6
Cash and equivalents34.542.425.624.521.627.1103260257281241157109
Receivables16780.991.615016377.563.310079.411390.8126153
Inventory294174164224374282178211192228220243276
Other assets66.544.721.631.723.658.070.471.061.958.354.748.938.6
Total assets1,3641,1421,0701,1571,2751,0859941,1591,0821,1751,1171,1401,143
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded0.5%6.9%-4.5%16.1%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-1.1%8.9%3.2%-0.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Metallus' revenue in fiscal 2025?

Metallus (MTUS) reported revenue of $1.2 billion for fiscal 2025, the year ended 31 December 2025, up 6.9% on the year before.

How much did Metallus earn in fiscal 2025?

Net loss was $1 million for fiscal 2025, and the diluted loss per share $0.03.

What is Metallus' P/E ratio?

At the close of 9 October 2026, Metallus traded at 105.2 times its earnings over the twelve months to 30 June 2026.

What is Metallus' market cap?

The market cap of Metallus was $828 million at the close of 9 October 2026.

How much debt does Metallus have?

At 30 June 2026 Metallus carried $0 million of debt and $109 million of cash.

Peers: Steel Works Etc

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Nucor Corp. NUE$56.8 billion19.9713.0%n/a17.2%0.290.9%
Steel Dynamics Inc. STLD$34.2 billion21.6217.1%10.0%19.8%0.450.8%
Carpenter Technology Corp. CRS$19.1 billion36.6623.8%22.5%8.6%0.310.2%
POSCO Holdings Inc. PKX *$17.4 billion33.871.2%2.1%-6.1%0.513.7%
Commercial Metals Co. CMC$7.1 billion12.0313.1%7.6%15.2%0.711.1%
Worthington Enterprises, Inc. WOR$3.1 billion18.8515.6%5.6%18.4%0.291.2%
Kaiser Aluminum Corp. KALU$2.5 billionn/an/a8.2%32.8%1.102.0%
Worthington Steel, Inc. WS$1.8 billion212.180.8%-0.0%11.3%0.241.8%
Gibraltar Industries, Inc. ROCK$1.3 billionn/an/an/an/a1.37n/a
Quanex Building Products Corp. NX$838 million18.476.1%6.0%1.3%0.851.7%
Metallus Inc. MTUS$828 million105.161.2%n/a16.1%0.000.0%
Matthews International Corp. MATW$581 millionn/a-6.0%6.3%-31.8%1.155.4%
All 19 in Steel Works Etc
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Corning Inc. GLW$134.9 billion71.5215.1%15.3%19.4%0.620.7%
Howmet Aerospace Inc. HWM$90.1 billion48.5432.6%27.4%18.1%0.790.3%
Nucor Corp. NUE$56.8 billion19.9713.0%n/a17.2%0.290.9%
Steel Dynamics Inc. STLD$34.2 billion21.6217.1%10.0%19.8%0.450.8%
ATI Inc. ATI$26.1 billion56.2225.4%15.2%4.6%0.960.0%
Carpenter Technology Corp. CRS$19.1 billion36.6623.8%22.5%8.6%0.310.2%
POSCO Holdings Inc. PKX *$17.4 billion33.871.2%2.1%-6.1%0.513.7%
Mueller Industries Inc. MLI$13.4 billion15.8024.0%23.0%14.8%0.000.8%
Alcoa Corp. AA$11.1 billion8.7717.3%n/a6.5%0.300.2%
Commercial Metals Co. CMC$7.1 billion12.0313.1%7.6%15.2%0.711.1%
Belden Inc. BDC$4.3 billion17.7617.6%11.9%9.4%0.890.2%
Century Aluminum Co. CENX$3.6 billion6.3543.0%n/a9.7%0.34n/a
Worthington Enterprises, Inc. WOR$3.1 billion18.8515.6%5.6%18.4%0.291.2%
Kaiser Aluminum Corp. KALU$2.5 billionn/an/a8.2%32.8%1.102.0%
Worthington Steel, Inc. WS$1.8 billion212.180.8%-0.0%11.3%0.241.8%
Gibraltar Industries, Inc. ROCK$1.3 billionn/an/an/an/a1.37n/a
Quanex Building Products Corp. NX$838 million18.476.1%6.0%1.3%0.851.7%
Metallus Inc. MTUS$828 million105.161.2%n/a16.1%0.000.0%
Matthews International Corp. MATW$581 millionn/a-6.0%6.3%-31.8%1.155.4%
5 companies share its SEC industry code (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)); the rest are the names nearest in size in its wider industry, Steel Works Etc, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR

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