Metallus Inc. (MTUS)
Metallus Inc. specializes in the creation and global distribution of diverse steel products, including alloy, carbon, and micro-alloy varieties, serving both domestic and international markets. The company's extensive product portfolio features special bar quality (SBQ) material, seamless mechanical tubing, high-precision steel components, and raw billets. These are critical inputs for a vast range of applications, such as gears, hubs, axles, crankshafts, motor shafts, oil country drilling equipment (pipes, bits, and collars), bearing races and rolling elements, bushings, fuel injectors, wind turbine shafts, anti-friction bearings, artillery and mortar bodies, among others. Additionally, Metallus Inc. provides custom-engineered precision steel components tailored to client specifications. Its offerings cater to a broad spectrum of industries, including the automotive, energy, industrial equipment, mining, construction, rail, aerospace and defense, heavy truck, agriculture, and power generation sectors. Formerly operating as TimkenSteel Corporation, the company officially rebranded to Metallus Inc. in February 2024. Metallus Inc. was established in 1899 and its headquarters are located in Canton, Ohio.
Sector: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Industry: Steel
Metallus Inc.
NYSE:MTUSBasic Materials · Steel
-0.15%$20.38
AH Close$20.38+0.00%vs close
AH Close$20.38+0.00%vs close
Mkt Cap$844.74M
Float35.63M
O/S41.45M
Inst Own85.5%
SI5.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.16B
Net Income-$1.2M
Total Assets$1.14B
Free Cash Flow-$93M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$14.9M
Total Equity$686M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MTUS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.14B
Liabilities$454.2M
Accounts Receivable$126M
Accounts Payable$151.1M
Inventory$243.2M
PP&E (Net)$577.4M
Goodwill$0
Intangible Assets$2.9M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $1.16B | $1.08B | $1.36B | $1.33B | $1.28B | $830.7M | $1.21B | $1.61B | $1.33B | $869.5M | $1.11B | $1.67B | $1.38B |
| YoY Growth | 6.9% | -20.4% | 2.4% | 3.7% | 54.4% | -31.3% | -24.9% | 21.2% | 52.9% | -21.4% | -33.9% | 21.2% | - |
| Cost of Revenue | $1.06B | $986.3M | $1.18B | $1.2B | $1.06B | $815.1M | $1.19B | $1.48B | $1.26B | $841.6M | $1.09B | $1.47B | $1.16B |
| Gross Profit | $95.1M | $97.7M | $186.5M | $126.7M | $220M | $15.6M | $22.6M | $126.6M | $67.8M | $27.9M | $14.7M | $201.1M | $223.2M |
| Gross Margin | 8.2% | 9.0% | 13.7% | 9.5% | 17.1% | 1.9% | 1.9% | 7.9% | 5.1% | 3.2% | 1.3% | 12.0% | 16.2% |
| Research and Development | $0 | $0 | $0 | $800K | $0 | $1.8M | $4.1M | $8.1M | $8M | $8M | $8.6M | $8.5M | $9.4M |
| Selling, General, and Administrative | $94M | $87.7M | $84.6M | $73M | $77.2M | $0 | $0 | $90.1M | $81.5M | $80.7M | $99M | $120.4M | $82.4M |
| Other | $0 | $0 | $0 | $0 | -$2.5M | $64.8M | $110.8M | $0 | $1M | $1.5M | $0 | $0 | $0 |
| Total Operating Expenses | $94M | $87.7M | $84.6M | $73.8M | $74.7M | $66.6M | $114.9M | $98.2M | $90.5M | $90.2M | $83M | $131.5M | $95.4M |
| Operating Income (EBIT) | $1.1M | $10M | $101.9M | $52.9M | $145.3M | -$51M | -$92.3M | $28.4M | -$22.7M | -$62.3M | -$92.9M | $72.2M | $131.4M |
| Operating Margin | 0.1% | 0.9% | 7.5% | 4.0% | 11.3% | -6.1% | -7.6% | 1.8% | -1.7% | -7.2% | -8.4% | 4.3% | 9.5% |
| Interest Expense | $1.8M | $2.5M | $2.7M | $3.9M | $6.2M | $12.6M | $15.7M | $17.1M | $14.8M | $8.5M | $3.4M | $900K | $200K |
| Interest Income | $6.7M | $12.1M | $9.8M | $3.3M | $300K | $400K | $0 | $0 | $0 | $11.4M | $0 | $0 | $0 |
| Other Income (Expense) | $800K | -$5.4M | -$5.5M | $44.2M | $31.4M | -$9.7M | -$1.6M | -$36.6M | -$19.6M | -$79.7M | $21.2M | -$3.5M | -$3.8M |
| Income Before Tax (EBT) | $1.9M | $4.6M | $96.4M | $97.1M | $176.7M | -$60.7M | -$93.9M | -$8.2M | -$42.3M | -$142M | -$71.7M | $68.7M | $127.6M |
| Income Tax Expense | $3.1M | $3.3M | $27M | $32M | $5.7M | $1.2M | $16.1M | $1.8M | $1.5M | -$36.5M | -$26.7M | $22.6M | $38.1M |
| Net Income | -$1.2M | $1.3M | $69.4M | $65.1M | $171M | -$61.9M | -$110M | -$10M | -$43.8M | -$105.5M | -$45M | $46.1M | $89.5M |
| Net Income Margin | -0.1% | 0.1% | 5.1% | 4.9% | 13.3% | -7.5% | -9.1% | -0.6% | -3.3% | -12.1% | -4.1% | 2.8% | 6.5% |
| Supplementary Data | |||||||||||||
| EPS | -0.03 | 0.03 | 1.58 | 1.42 | 3.73 | -1.38 | -2.46 | -0.22 | -0.99 | -2.39 | -1.01 | 1.00 | 1.94 |
| Diluted EPS | -0.03 | 0.03 | 1.47 | 1.30 | 3.18 | -1.38 | -2.46 | -0.22 | -0.99 | -2.39 | -1.01 | 1.00 | 1.94 |
| Weighted Average OS | 41.90M | 43.20M | 43.80M | 45.80M | 45.90M | 45.00M | 44.80M | 44.60M | 44.40M | 44.20M | 44.50M | 46.04M | 46.13M |
| EBITDA | $60.3M | $58.7M | $153.3M | $156M | $246M | $20.8M | -$21.6M | $81.9M | $47.4M | -$55.7M | $5.1M | $216.4M | $177.8M |
| EBITDA Margin | 5.2% | 5.4% | 11.3% | 11.7% | 19.2% | 2.5% | -1.8% | 5.1% | 3.6% | -6.4% | 0.5% | 12.9% | 12.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $156.7M | $240.7M | $280.6M | $257.2M | $259.6M | $102.8M | $27.1M | $21.6M | $24.5M | $25.6M | $42.4M | $34.5M | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $156.7M | $240.7M | $280.6M | $257.2M | $259.6M | $102.8M | $27.1M | $21.6M | $24.5M | $25.6M | $42.4M | $34.5M | $0 |
| Accounts Receivable | $126M | $90.8M | $113.2M | $79.4M | $100.5M | $63.3M | $77.5M | $163.4M | $149.8M | $91.6M | $80.9M | $167.1M | $149.4M |
| Inventory | $243.2M | $219.8M | $228M | $192.4M | $210.9M | $178.4M | $281.9M | $374.5M | $224M | $164.2M | $173.9M | $293.8M | $227M |
| Other Current Assets | $27.3M | $36M | $35M | $27.6M | $11.3M | $13.1M | $15.2M | $9.6M | $11.9M | $9M | $20.6M | $27.9M | $6.7M |
| Total Current Assets | $553.2M | $587.3M | $656.8M | $556.6M | $582.3M | $357.6M | $401.7M | $569.1M | $410.2M | $290.4M | $317.8M | $551.3M | $383.1M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $577.4M | $519M | $503.9M | $498.6M | $524.7M | $590.8M | $640.7M | $674.4M | $706.7M | $741.9M | $769.3M | $771.9M | $664.8M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $2.9M | $3.4M | $2.7M | $5M | $6.7M | $9.3M | $14.3M | $17.8M | $19.9M | $25M | $30.6M | $30.3M | $29M |
| Long-Term Investments | $0 | $0 | $300K | $0 | $0 | -$119.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $119.6M | $0 | $113.8M | $400K | $300K | $0 | $0 | $0 |
| Other Long-Term Assets | $6.7M | $7M | $11.6M | $21.8M | $45.2M | $36.3M | $28.5M | $14M | $19.4M | $12.3M | $24.8M | $10.6M | $1.9M |
| Total Long-Term Assets | $587M | $529.4M | $518.5M | $525.4M | $576.6M | $636.4M | $683.5M | $820M | $746.4M | $779.5M | $824.7M | $812.8M | $695.7M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.14B | $1.12B | $1.18B | $1.08B | $1.16B | $994M | $1.09B | $1.39B | $1.16B | $1.07B | $1.14B | $1.36B | $1.08B |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $151.1M | $119.2M | $133.3M | $113.2M | $141.9M | $89.5M | $69.3M | $160.6M | $135.3M | $87M | $49.5M | $120.2M | $104.1M |
| Short-Term Debt | $0 | $5.4M | $13.2M | $20.4M | $44.9M | $38.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $31.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $103.2M | $68.8M | $26.6M | $25.9M | $20.4M | -$16M | $22.9M | $23.4M | $39.1M | $20.4M | $33.3M | $56.2M | $13.2M |
| Total Current Liabilities | $314.9M | $281.5M | $248.4M | $186.7M | $250.8M | $181M | $112.3M | $220.8M | $206.8M | $130.7M | $104.2M | $225.5M | $154.9M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $10.1M | $0 | $0 | $0 | $0 | $39.3M | $168.6M | $189.1M | $165.3M | $136.6M | $200.2M | $185.2M | $30.2M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$173.3M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $16.9M | $14.3M | $15M | $25.9M | $2.2M | $1M | $900K | $114.6M | $300K | $173.3M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $112.3M | $123.5M | $173.9M | $176.4M | $232.5M | $251.7M | $232.1M | $251.7M | $223.5M | $205.2M | $156.1M | $205.3M | $92.9M |
| Total Long-Term Liabilities | $139.3M | $144.7M | $195.3M | $208.8M | $243.5M | $305.5M | $409.8M | $555.4M | $389.1M | $341.8M | $356.3M | $390.5M | $123.1M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $454.2M | $426.2M | $443.7M | $395.5M | $494.3M | $486.5M | $522.1M | $776.2M | $595.9M | $472.5M | $460.5M | $616M | $278M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $801.2M |
| Retained Earnings | -$53.6M | -$52.4M | -$53.7M | -$123.1M | -$188.2M | -$363.4M | -$301.5M | -$191.5M | -$238M | -$193.9M | -$92.6M | $29.4M | $0 |
| Comprehensive Income & Other | $5.4M | $7.7M | $12.4M | $14.7M | $20.7M | $40.4M | $44.7M | -$8.9M | -$7.6M | -$9.4M | -$7.9M | -$297.3M | -$400K |
| Other Stockholders' Equity | $739.6M | $742.9M | $785.3M | $809.6M | $852.8M | $870.9M | $864.6M | $804.4M | $798.7M | $791.3M | $774.6M | $718.7M | -$400K |
| Total Equity | $686M | $690.5M | $731.6M | $686.5M | $664.6M | $507.5M | $563.1M | $612.9M | $560.7M | $597.4M | $682M | $748.1M | $800.8M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.14B | $1.12B | $1.18B | $1.08B | $1.16B | $994M | $1.09B | $1.39B | $1.16B | $1.07B | $1.14B | $1.36B | $1.08B |
| Supplementary Data | |||||||||||||
| Total Debt | $14.9M | $17.1M | $24.6M | $32.9M | $59.4M | $99.2M | $183M | $189.1M | $165.3M | $136.6M | $200.2M | $185.2M | $30.2M |
| Net Debt | -$141.8M | -$223.6M | -$256M | -$224.3M | -$200.2M | -$3.6M | $155.9M | $167.5M | $140.8M | $111M | $157.8M | $150.7M | $30.2M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$1.2M | $1.3M | $69.4M | $65.1M | $171M | -$61.9M | -$84.6M | -$10M | -$43.8M | -$105.5M | -$45M | $46.1M | $89.5M |
| Depreciation & Amortization | $56.6M | $54.1M | $56.9M | $58.3M | $63.1M | $70M | $70.7M | $73M | $74.9M | $74.9M | $73.4M | $58M | $50M |
| Deferred Income Tax | $3.7M | $500K | -$9.7M | $24.9M | $1.2M | $0 | -$16.6M | $800K | -$300K | -$36.8M | $0 | $0 | $0 |
| Stock-Based Compensation | $14.7M | $14M | $11.5M | $8.8M | $7.3M | $6.6M | $7.4M | $7.3M | $6.5M | $6.7M | $7M | $6M | $2.8M |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$34.7M | $21.7M | -$33.4M | $21.3M | -$37.2M | $14.2M | $85.9M | -$13.6M | -$58.2M | -$10.7M | $86.2M | -$17.7M | -$11.8M |
| Inventory | -$22.9M | $7.3M | -$34.9M | $18.8M | -$41.6M | $103.5M | $92.6M | -$94.5M | -$59.8M | $9.7M | $122.7M | -$69.6M | $29.2M |
| Accounts Payable | $29.1M | -$19.2M | $15.3M | -$33.2M | $53.5M | $23.1M | -$87.7M | $24.4M | $45.7M | $37.5M | $0 | $0 | $0 |
| Other Working Capital | -$42.1M | -$18.8M | -$3.5M | -$29.3M | $11.2M | $9.7M | -$27M | $400K | $17.1M | $2.7M | -$12M | -$4.4M | $3.7M |
| Total Working Capital Change | -$70.6M | -$9M | -$56.5M | -$22.4M | -$14.1M | $150.5M | $63.8M | -$83.3M | -$55.2M | $39.2M | $196.9M | -$91.7M | $21.1M |
| Other Non-Cash Items | $12.8M | -$20.6M | $53.7M | -$200K | -$31.6M | $8.3M | $29.6M | $267.7M | $254.6M | $215.9M | -$125.2M | $75.5M | $11.7M |
| Net Cash from Operating | $16M | $40.3M | $125.3M | $134.5M | $196.9M | $173.5M | $70.3M | $18.5M | $8.1M | $74.4M | $107.1M | $93.9M | $175.1M |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$109M | -$64.3M | -$51.6M | -$27.1M | -$12.2M | -$16.9M | -$38M | -$40M | -$33M | -$42.7M | -$78.2M | -$129.6M | -$182.8M |
| Acquisitions | $0 | $0 | $0 | $5.4M | $6.2M | $0 | $0 | $1M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $33.8M | $53.5M | $1.7M | $0 | $1.2M | $10.9M | $0 | $1M | $0 | $0 | $400K | $0 | -$800K |
| Net Cash from Investing | -$75.2M | -$10.8M | -$49.9M | -$21.7M | -$4.8M | -$6M | -$38M | -$39M | -$33M | -$42.7M | -$77.8M | -$129.6M | -$183.6M |
| Financing Activities | |||||||||||||
| Debt Repaid | $9.5M | $17.2M | $18.7M | $67.6M | $38.9M | - | $1M | -$124.8M | -$30M | $43.7M | -$15M | -$155M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$13.1M | -$53.1M | -$36M | -$54M | -$500K | -$600K | -$1M | -$700K | -$1.4M | $0 | -$17.3M | -$34.7M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$18.7M | -$62.7M | $0 |
| Other Financing Activities | -$2.6M | $1.4M | $2.8M | $7M | $4.1M | -$1.2M | $200K | $200K | $200K | -$4.8M | -$400K | $12.6M | $8.5M |
| Net Cash from Financing | -$25.2M | -$68.9M | -$51.9M | -$114.6M | -$35.3M | -$91.8M | -$26.8M | $17.6M | $23.8M | -$48.5M | -$21.4M | $70.2M | $8.5M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$84.4M | -$39.4M | $23.5M | -$1.8M | $156.8M | $75.7M | $5.5M | -$2.9M | -$1.1M | -$16.8M | $7.9M | $34.5M | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $16M | $40.3M | $125.3M | $134.5M | $196.9M | $173.5M | $70.3M | $18.5M | $8.1M | $74.4M | $107.1M | $93.9M | $175.1M |
| Capital Expenditure | -$109M | -$64.3M | -$51.6M | -$27.1M | -$12.2M | -$16.9M | -$38M | -$40M | -$33M | -$42.7M | -$78.2M | -$129.6M | -$182.8M |
| Free Cash Flow | -$93M | -$24M | $73.7M | $107.4M | $184.7M | $156.6M | $32.3M | -$21.5M | -$24.9M | $31.7M | $28.9M | -$35.7M | -$7.7M |
| Cash at Beginning | $241.9M | $281.3M | $257.8M | $259.6M | $102.8M | $27.1M | $21.6M | $24.5M | $25.6M | $42.4M | $34.5M | $0 | $0 |
| Cash at End | $157.5M | $241.9M | $281.3M | $257.8M | $259.6M | $102.8M | $27.1M | $21.6M | $24.5M | $25.6M | $42.4M | $34.5M | $0 |