Earnings summaries and quarterly performance for Metallus.
Executive leadership at Metallus.
Michael S. Williams
Detailed
President and Chief Executive Officer
CEO
JM
John M. Zaranec III
Detailed
Executive Vice President and Chief Financial Officer
KA
Kevin A. Raketich
Detailed
Executive Vice President and Chief Commercial Officer
KC
Kristine C. Syrvalin
Detailed
Executive Vice President, General Counsel and Chief Human Resources Officer
KR
Kristopher R. Westbrooks
Detailed
President and Chief Operating Officer
Board of directors at Metallus.
DT
Donald T. Misheff
Detailed
Director
EA
Ellis A. Jones
Detailed
Director
JP
Jamy P. Rankin
Detailed
Director
KV
Kenneth V. Garcia
Detailed
Director
ME
Mary Ellen Baker
Detailed
Director
MM
Melissa M. Miller
Detailed
Director
NJ
Nicholas J. Chirekos
Detailed
Director
RA
Randall A. Wotring
Detailed
Director
RH
Randall H. Edwards
Detailed
Director
RA
Ronald A. Rice
Detailed
Chairman of the Board
Research analysts who have asked questions during Metallus earnings calls.
Recent press releases and 8-K filings for MTUS.
Metallus Union Members Reject Second Tentative Labor Agreement
MTUS
- Members of the United Steelworkers (USW) Local 1123 voted against ratifying the second tentative labor agreement with Metallus.
- The agreement, which was reached on December 4, 2025, had the support of the union's local bargaining committee and international representatives but was rejected by the bargaining employees.
- Metallus CEO Mike Williams expressed deep disappointment with the outcome and affirmed the company's commitment to continued good-faith negotiations.
- The current labor agreement, covering approximately 1,200 bargaining employees at the company's Canton, Ohio operations, has been extended until January 29, 2026.
6 days ago
Metallus Reaches New Tentative Labor Agreement
MTUS
- Metallus and the United Steelworkers (USW) Local 1123 have reached a new tentative agreement for a four-year contract.
- This new agreement follows the non-ratification of an initial tentative agreement by USW members on October 30, 2025.
- The agreement covers approximately 1,200 bargaining employees at Metallus' Canton, Ohio operations and aims to provide competitive wages, solid benefits, and a safe working environment.
- The current agreement had been extended until January 29, 2026, and the union will announce the date for the second vote on the new agreement.
Dec 4, 2025, 9:10 PM
Metallus Reports Q3 2025 Financial Results and Provides Q4 2025 Outlook
MTUS
Earnings
Guidance Update
Share Buyback
- Metallus reported Net Sales of $306 million, Adjusted EBITDA of $29 million, Net Income of $8 million, and Adjusted EPS of $0.28 for Q3 2025.
- The company achieved its fourth consecutive sequential quarterly improvement in Adjusted EBITDA and generated $22 million in operating cash flow.
- Operational highlights included a sequential improvement in melt utilization to 72% and $28.4 million in capital expenditures, alongside the repurchase of 0.2 million common shares for $3.0 million.
- For Q4 2025, Metallus expects lower shipments and lower adjusted EBITDA compared to Q3 2025, with projected capital expenditures of approximately $45 million.
Nov 7, 2025, 2:00 PM
Metallus Reports Q3 2025 Results with Sequential Growth and Provides Q4 Outlook
MTUS
Earnings
Guidance Update
Share Buyback
- Metallus reported Q3 2025 net sales of $305.9 million and adjusted EBITDA of $29 million, marking the fourth consecutive quarter of sequential growth for both metrics.
- The company's aerospace and defense backlog increased approximately 80% year-over-year, and it remains on track to achieve a $250 million annual A&D sales run rate by mid-2026.
- For Q4 2025, shipments are expected to be 5%-10% lower than Q3, and adjusted EBITDA is projected to be lower sequentially due to normal year-end seasonality and $11 million in planned annual shutdown maintenance.
- Metallus repurchased 178,000 shares for $3 million in Q3 2025, with $90.9 million remaining under its share repurchase authorization, and reported $437 million in total liquidity.
- A tentative labor agreement with the USW was not ratified, leading to a 90-day contract extension until January 29, 2026, with operations expected to continue without disruption.
Nov 7, 2025, 2:00 PM
Metallus Announces Third-Quarter 2025 Results
MTUS
Earnings
Guidance Update
Share Buyback
- Metallus reported Q3 2025 net sales of $305.9 million and net income of $8.1 million ($0.19 per diluted share), with adjusted EBITDA of $29.0 million.
- The company generated $22.0 million in operating cash flow and ended Q3 2025 with $191.5 million in cash and cash equivalents, contributing to total liquidity of $436.9 million as of September 30, 2025.
- During Q3 2025, Metallus repurchased $3.0 million of common shares and has $90.9 million remaining under its authorized share repurchase program as of September 30, 2025.
- Metallus expects fourth-quarter adjusted EBITDA to be lower than Q3 2025, attributing this to normal year-end seasonality, lower shipments, less favorable product mix, and approximately $11 million in annual shutdown maintenance costs.
- A tentative four-year labor agreement with United Steelworkers was rejected on October 30, 2025, leading to an extension of the current contract through January 29, 2026, for ongoing negotiations.
Nov 6, 2025, 9:20 PM
Metallus Announces Third-Quarter 2025 Results
MTUS
Earnings
Guidance Update
Share Buyback
- Metallus reported net sales of $305.9 million for the third quarter of 2025, an increase from $304.6 million in the sequential second quarter of 2025 and $227.2 million in the same quarter last year.
- Net income for Q3 2025 was $8.1 million, or $0.19 per diluted share, with adjusted net income at $12.0 million, or $0.28 per diluted share. Adjusted EBITDA for the quarter was $29.0 million, marking its fourth consecutive sequential quarterly improvement.
- The company generated $22.0 million in operating cash flow during Q3 2025, ending the quarter with $191.5 million in cash and cash equivalents and $436.9 million in total liquidity as of September 30, 2025.
- Metallus invested $28.4 million in capital expenditures and deployed $3.0 million to repurchase common shares in the third quarter of 2025.
- For the fourth quarter of 2025, the company expects adjusted EBITDA to be lower than the third quarter due to normal seasonality, anticipated lower shipments, a less favorable product mix, and approximately $11 million in planned annual shutdown maintenance costs.
Nov 6, 2025, 9:10 PM
Metallus Labor Contract Not Ratified, Extended for 90 Days
MTUS
- Members of the United Steelworkers (USW) Local 1123 have voted not to ratify the tentative labor agreement that was reached with Metallus on October 3, 2025.
- The current labor contract has been extended for an additional 90 days until January 29, 2026, to allow for further negotiations, with operations continuing as normal during this period.
- The contract covers approximately 1,200 Canton-based bargaining employees.
Oct 31, 2025, 12:50 AM
Metallus and United Steelworkers Local 1123 Reach Tentative Contract Agreement
MTUS
- Metallus and the United Steelworkers (USW) Local 1123 have reached a tentative agreement for a new four-year contract.
- The agreement covers approximately 1,200 bargaining employees at Metallus's Canton, Ohio operations.
- Metallus CEO Mike Williams stated that the agreement ensures competitive wages and benefits for employees while supporting the company's long-term strategy and growth objectives.
Oct 3, 2025, 9:07 PM
Metallus Provides Business Update and Financial Outlook
MTUS
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Metallus reported strong Q2 2025 financial results with net sales over $300 million and the highest adjusted EBITDA in over a year, driven by higher shipments.
- The company is strategically expanding into aerospace and defense, having received over $80 million in government funding from a $100 million contract to increase capacity for 155mm shells, targeting $250 million in sales to this market by 2026. Additionally, Metallus is targeting $30 million in sales in 2025 from its new vacuum arc remelt steel products.
- For Q3 2025, shipments are expected to be similar to Q2, but the company anticipates cost headwinds including $5 million in planned shutdown costs and $2-3 million in higher electricity costs, alongside non-recurring labor negotiation costs of $3-5 million in H2 2025.
- Metallus maintains a strong balance sheet with $250-300 million in liquidity and has an active share buyback authorization with over $93 million remaining.
Aug 26, 2025, 9:30 PM
Quarterly earnings call transcripts for Metallus.
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