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what it is
Metallus makes specialty steel bars, tubes, billets, and related services for industrial customers.
how it gets paid
Last year Metallus made $1.2B in revenue. SBQ bars was the main engine at $420M, or 35% of sales.
why it's growing
Revenue grew 6.9% last year. Revenue was $891M. That is the number because it shows the business can still move volume even when profits stay thin.
what just happened
Metallus posted $891M in revenue and $0.30 EPS.
At a glance
B balance sheet — gets the job done, barely
15/100 earnings predictability — expect surprises
50.4x trailing p/e — you're paying up for this one
0.2% return on capital — nothing to write home about
$0.03 fy2024 eps est
xvary composite: 59/100 — below average
What they do
Metallus makes specialty steel bars, tubes, billets, and related services for industrial customers.
Metallus sells to about 350 customers across 11 end markets. That is 350 ways to avoid living or dying with one buyer. Its recycling programs feed scrap back into the melt, so you are not starting from scratch every time raw materials move.
How they make money
$1.2B
annual revenue · their business grew +6.9% last year
SBQ bars
$420M
Seamless mechanical tubing
$290M
Billets
$180M
Value-added solutions
$170M
Machining, thermal treatment, and recycling services
$140M
The products that matter
melts and processes specialty steel
specialty metals
$1.16B revenue · core business
it is effectively the whole company: $1.16B in annual revenue with a -0.1% profit margin. volume is there. earnings power still is not.
25% share
Key numbers
$1.2B
annual revenue
You are buying a company with about $1.2B in sales, not a tiny shop. The punch line is the margin, not the size.
10.0%
gross margin
Ten cents of every sales dollar stays before overhead. That is decent for steel and thin for a 50.4x stock.
0.2%
return on capital
This is the cleanest warning sign. The business barely earns anything on the money tied up in it.
50.4x
trailing p/e
You are paying 50.4 years of last year's earnings. The stock asks for patience from a business that returns almost nothing.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 2 — safer than 80% of stocks
- price stability 20 / 100
- long-term debt $11M (2% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for MTUS right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Metallus posted $891M in revenue and $0.30 EPS.
Revenue was up 191% vs. prior year, and gross margin was 10.0%. Yahoo's consensus field is blank, so the hard numbers carry the story.
$891M
revenue
$0.30
eps
10.0%
gross margin
the number that mattered
Revenue was $891M. That is the number because it shows the business can still move volume even when profits stay thin.
source: company earnings report, 2025
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What could go wrong
metallus does not need a dramatic collapse to disappoint you. at a -0.1% profit margin, small misses in pricing, volume, or execution are enough.
high
near-zero margins
$1.16B in annual revenue produced a -0.1% profit margin. that leaves almost no room for weaker pricing, lower shipments, or higher costs.
$1.16B in annual revenue produced a -0.1% profit margin. that leaves almost no room for weaker pricing, lower shipments, or higher costs.
high
auto demand exposure
the business sells heavily into autos. if that demand slows, volumes can fall quickly in a company that already failed to turn 25% share into durable profit.
the business sells heavily into autos. if that demand slows, volumes can fall quickly in a company that already failed to turn 25% share into durable profit.
med
forecast instability
earnings predictability is 15/100. in human-speak, the market does not have a clean model for this business because the business has not produced a clean pattern.
earnings predictability is 15/100. in human-speak, the market does not have a clean model for this business because the business has not produced a clean pattern.
med
turnaround execution
a new chief commercial officer may help if operating decisions improve. right now, the latest quarter showed a $0.18 loss per share instead of the expected $0.04 profit, so you are still being asked to wait for proof.
a new chief commercial officer may help if operating decisions improve. right now, the latest quarter showed a $0.18 loss per share instead of the expected $0.04 profit, so you are still being asked to wait for proof.
with $1.16B in revenue and a -0.1% margin, this story does not break because of one disaster. it breaks because too many small things go wrong at once.
source: institutional data · regulatory filings · risk analysis
Pay attention to
risk
next earnings need to stop the bleeding
april 30, 2026 is the next hard checkpoint. if MTUS cannot improve on a $0.18 per-share loss, the repair story gets much harder to defend.
calendar
q1 2026 earnings report
april 30, 2026. this is where you find out whether the latest quarter was a stumble or a warning.
trend
sales direction after $305.9M in q4 net sales
revenue slipped from the prior quarter. you want stabilization here, because lower volume and weak margins are a bad pairing.
metric
profit margin above the current -0.1%
this is the cleanest scoreboard on the page. market share matters less until the company keeps more than almost nothing from each revenue dollar.
Analyst rankings
earnings predictability
15 / 100
in human-speak, analysts do not trust this earnings stream to behave consistently.
risk rank
2
this score says the balance sheet and business profile look safer than many stocks, even if the earnings picture is messy.
price stability
20 / 100
the stock itself has not been stable. you may get a decent balance sheet and a jumpy chart at the same time.
source: institutional data
Institutional activity
institutional ownership data for MTUS is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$18
current price
n/a
target midpoint · n/a from current
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