NYSE$MTUS

Metallus Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Metallus Inc reported net sales of $304.6 million and net income of $3.7 million for Q2 2025.

Metallus posted Q2 2025 net sales of $304.6 million, up 3.4% year-over-year, driven by higher shipments and favorable surcharges partially offset by lower base prices. Gross profit rose to $32.2 million while net income was $3.7 million. The company maintained strong liquidity of $437.0 million and continued investments in defense-related capacity.

  • Q2 net sales reached $304.6 million with 167.7 thousand ship tons, up from 150.1 thousand tons in Q2 2024.
  • Gross profit increased 33.6% to $32.2 million due to higher volume and improved manufacturing performance.
  • Net income of $3.7 million reflected a $3.6 million loss on extinguishment of convertible notes.
  • Strong balance sheet with $190.8 million cash and $246.2 million undrawn credit facility; $93.9 million remaining under share repurchase authorization.

Headline financials

Total Revenue

$305M

Previous: $295M+3.4%
EPS (adj)

$0.09

Previous: $0.10-10.0%
Ship Tons

167.7K

Previous: 150.1K+11.7%
Capital Expenditures

-$45.3M

Previous: -$31.5M-43.8%
Net Income

$3.7M

Previous: $4.6M-19.6%
Operating Income

$9.3M

Previous: $3.6M+158.3%
Gross Profit

$32.2M

Previous: $24.1M+33.6%
Cash & Equivalents

$191M

Previous: $273M-30.1%

Revenue & EPS history

Metallus · Revenue · Quarterly

$305M

Q2 2025+3.4%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Metallus · $305M total across 5 segments · Q2 2025

  • Automotive
    $123M
  • Industrial
    $104M
  • Aerospace & Defense
    $42.1M
  • Energy
    $30.8M
  • Other
    $4.5M

Forward guidance

Company expects continued capital investments and defense funding milestones through 2026 while monitoring tariff impacts.

Tailwinds

  • U.S. Army funding agreement supporting new furnaces targeted for late 2025 and H1 2026 operation
  • Strong liquidity position and share repurchase capacity remaining at $93.9 million
  • Tariff actions expected to support domestic demand for Metallus products

Headwinds

  • Lower base prices across industrial, automotive and energy sectors pressured margins
  • Pension contribution requirements remain elevated

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.6%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+1.8%

Avg return

30 days after

42%

22 / 52 earnings

Positive

+80.9%

Q4 2015

Best reaction

-16.6%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+1.0%-0.6%+8.3%
Q4 2025-16.6%-18.1%-29.2%
Q3 2025-1.7%-6.8%+0.9%
Q1 2025-11.1%+2.5%+7.4%
Q4 2024-8.0%-10.6%-13.4%
Q3 2024-4.1%-3.6%+0.4%
Q2 2024-8.6%-12.6%-20.5%
Q1 2024+10.7%+11.3%+9.6%
Q4 2023-0.2%+1.3%+9.1%
Q3 2023-2.5%+0.0%+1.8%
Q2 2023-9.6%-6.3%-3.3%
Q1 2023+5.4%+6.9%+12.0%
Q4 2022+1.7%+1.0%-0.9%
Q3 2022+12.2%+14.1%+16.4%
Q2 2022-2.9%-1.1%-12.1%
Q1 2022-9.5%-13.8%+18.5%
Q4 2021+14.3%+16.2%+56.3%
Q3 2021+5.3%+10.2%+0.6%
Q2 2021+12.0%+31.8%+4.2%
Q1 2021+0.2%+11.1%+15.5%
Q4 2020-4.4%-0.7%+28.4%
Q3 2020+1.8%+15.5%+29.2%
Q2 2020+2.7%+5.9%-8.7%
Q1 2020+30.0%+26.2%+70.8%
Q4 2019-5.9%-7.8%-41.0%
Q3 2019+13.2%-13.9%+8.7%
Q2 2019-3.0%-9.9%-25.3%
Q1 2019+6.7%-1.7%-28.8%
Q4 2018+12.0%+3.1%-15.3%
Q3 2018+15.4%+5.4%+0.5%
Q2 2018-14.9%-23.8%-23.6%
Q1 2018+0.6%-2.2%+1.9%
Q4 2017-11.2%-14.3%-12.7%
Q3 2017-12.4%-22.1%-17.6%
Q2 2017-2.0%+1.1%-5.7%
Q1 2017-8.3%-9.9%-16.6%
Q4 2016+13.9%+20.0%+11.7%
Q3 2016-4.2%-7.9%+48.7%
Q2 2016-15.0%-22.7%-15.7%
Q1 2016-1.4%
Q4 2015+80.9%
Q3 2015-2.8%
Q2 2015-6.5%
Q1 2014+1.9%
Q1 2015+6.7%
Q4 2014-3.4%
Q4 2012-3.4%
Q3 2013-0.6%
Q3 2014-0.3%
Q2 2013-1.9%
Q4 2013-1.9%
Q2 2014+10.4%
Q1 2013

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