Metallus Inc. (MTUS) Form 8-K — May 4, 2026
Metallus reported first-quarter 2026 net sales of $308.3 million, a 10% increase compared to the prior-year quarter, with net income of $5.4 million or $0.13 per diluted share. Adjusted EBITDA increased 39% year-over-year to $24.6 million, driven by higher shipments across all end markets and improved fixed-cost leverage. Operationally, the company achieved a key milestone by successfully reheating and rolling the first blooms from its new bloom reheat furnace. Melt utilization improved to 72% in the first quarter, up from 65% in the same quarter last year, and the order book continued to grow year-over-year.
Key figures
- Eps
- $0.13
- Revenue
- $308.3 million
- Net Income
- $5.4 million
- Revenue Yoy
- 10%
- Cash Position
- $104.0 million
- Total Liquidity
- $374.7 million
- Ship Tons
- 163,800 tons
- Adjusted EBITDA
- $24.6 million
- Melt Utilization
- 72%
- Share Repurchases
- $4.3 million
- Capital Expenditures
- $24.7 million
- Adjusted EBITDAIncrease
- 39%
Price after filing
Close on the filing date to close N calendar days later (from $18.62). Historical, not a forecast.
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