Earnings summaries and quarterly performance for Metallus.
Executive leadership at Metallus.
Michael S. Williams
President and Chief Executive Officer
John M. Zaranec III
Executive Vice President and Chief Financial Officer
Kevin A. Raketich
Executive Vice President and Chief Commercial Officer
Kristine C. Syrvalin
Executive Vice President, General Counsel and Chief Human Resources Officer
Kristopher R. Westbrooks
President and Chief Operating Officer
Board of directors at Metallus.
Donald T. Misheff
Director
Ellis A. Jones
Director
Jamy P. Rankin
Director
Kenneth V. Garcia
Director
Mary Ellen Baker
Director
Melissa M. Miller
Director
Nicholas J. Chirekos
Director
Randall A. Wotring
Director
Randall H. Edwards
Director
Ronald A. Rice
Chairman of the Board
Research analysts who have asked questions during Metallus earnings calls.
John Franzreb
Sidoti & Company
3 questions for MTUS
Dave Storms
Stonegate
2 questions for MTUS
Phil Gibbs
Keybanc Capital Markets
2 questions for MTUS
Chris Olin
Northcoast Research
1 question for MTUS
David Storms
Stonegate Capital Partners
1 question for MTUS
Recent press releases and 8-K filings for MTUS.
- Metallus reported Q4 2025 net sales of $267.3 million, an adjusted net loss of $7.7 million, and Adjusted EBITDA of $2.4 million, with shipments declining 9% sequentially.
- For Q1 2026, the company projects shipments to increase by approximately 10% sequentially and expects Adjusted EBITDA to be above Q4 levels, with full-year 2026 Adjusted EBITDA growth anticipated in each quarter.
- The company's order book has increased more than 50% year-over-year, and it expects to achieve a $250 million run rate for Aerospace and Defense sales by mid-2026.
- Metallus plans approximately $70 million in capital expenditures for full year 2026 and expects new assets, including a bloom reheat furnace and roller hearth furnace, to be ramped up by late Q2/early Q3 2026.
- Metallus reported Q4 2025 net sales of $267.3 million, a GAAP net loss of $14.3 million, and Adjusted EBITDA of $2.4 million. For the full year 2025, the company generated $80 million in operating cash flow excluding pension contributions.
- The company's order book increased more than 50% year-over-year, with Q1 2026 shipments expected to increase by approximately 10% sequentially. Metallus anticipates year-over-year Adjusted EBITDA growth in each quarter of 2026 and expects positive free cash flow for the remainder of 2026 after Q1.
- Metallus is on track to commission new assets, including a bloom reheat furnace and roller hearth furnace, in the first half of 2026, with both expected to be ramped up by late Q2 or early Q3 2026. VAR sales totaled approximately $28 million in 2025, almost doubling from 2024.
- In Q4 2025, the company repurchased approximately 71,000 shares of common stock for $1.2 million, with $89.7 million remaining under its share repurchase authorization.
- For Q4 2025, Metallus reported Net Sales of $267 million, a Net Loss of $14 million, Adjusted EBITDA of $2 million, and Adjusted EPS of $(0.18), with liquidity at $389 million.
- The company's order book increased more than 50% year-over-year.
- The United Steelworkers ratified a new four-year labor agreement on February 5, 2026, which includes a one-time payment of approximately $2.0 million to be paid in Q1 2026.
- Commissioning of the Bloom Reheat Furnace has begun and is on schedule for full commissioning in the first half of 2026.
- For Q1 2026, Metallus expects shipments to increase approximately 10% compared to Q4 2025, with Adjusted EBITDA expected to be higher than Q4 2025, and manufacturing costs anticipated to improve by approximately $10 million sequentially. Adjusted EBITDA is also expected to ramp throughout 2026, supporting stronger performance in each quarter compared to 2025.
- Metallus reported Q4 2025 Adjusted EBITDA of $2.4 million and a GAAP net loss of $14.3 million, attributing the performance to lower volumes, compressed raw material spread, and a slower ramp-up following annual maintenance shutdown.
- The company anticipates a strong 2026, with Q1 2026 shipments expected to increase by approximately 10% sequentially and the order book up more than 50% year-over-year. Metallus expects to deliver year-over-year Adjusted EBITDA growth in each quarter of 2026.
- Strategic capital investments are progressing, with the new bloom reheat furnace and roller hearth furnace expected to be fully operational by late Q2/early Q3 2026. The Aerospace and Defense (A&D) segment shows a robust outlook, targeting a $250 million run rate on A&D sales by mid-2026.
- Metallus maintains strong liquidity of $389 million as of December 31, 2025, with no outstanding borrowings, and continues its share repurchase program, having repurchased 71,000 shares for $1.2 million in Q4 2025.
- Metallus reported full-year 2025 net sales of $1.2 billion, a 7% increase over 2024, resulting in a net loss of $1.2 million or $0.03 per diluted share, and adjusted net income of $15.3 million or $0.37 per diluted share.
- For Q4 2025, the company recorded net sales of $267.3 million and a net loss of $14.3 million, or $0.34 per diluted share, with adjusted EBITDA of $2.4 million. This performance reflects a sequential decrease in net sales and adjusted EBITDA compared to Q3 2025.
- The company ended 2025 with $156.7 million in cash and cash equivalents and $389.2 million in total liquidity, having repurchased $13.1 million of common shares during the year.
- Looking ahead, Metallus anticipates first-quarter 2026 adjusted EBITDA to increase sequentially and expects stronger performance in each quarter of 2026 compared to the same periods in 2025, supported by an order book that is up more than 50% year-over-year.
- A four-year USW labor agreement was ratified on February 5, 2026, and planned capital expenditures for 2026 are approximately $70 million.
- Metallus (MTUS) reported full-year 2025 net sales of $1.2 billion, a 7% increase over 2024, with an adjusted net income of $15.3 million, or $0.37 per diluted share, and adjusted EBITDA of $75.6 million.
- For the fourth quarter of 2025, net sales were $267.3 million, and the company reported an adjusted net loss of $7.7 million, or $0.18 per diluted share, with adjusted EBITDA of $2.4 million.
- The company ended 2025 with total liquidity of $389.2 million and repurchased $13.1 million in common shares during the year.
- Metallus anticipates first-quarter 2026 adjusted EBITDA to increase sequentially and expects stronger performance in each quarter of 2026 compared to the same periods in 2025, driven by an order book up more than 50% year-over-year.
- Metallus (MTUS) and the United Steelworkers (USW) Local 1123 have reached a new tentative agreement for a four-year contract.
- This agreement follows the rejection of previous proposals on October 30 and December 18, 2025.
- The current labor contract has been extended for 14 days until February 12, 2026, to allow the union to schedule a vote, with operations continuing as normal.
- The contract covers approximately 1,200 bargaining employees at the company's Canton, Ohio operations.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for Metallus.
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