Metallus Inc. Reports Strong Q1 2025 Performance

Metallus Inc. ( (MTUS) ) has released its Q1 earnings. Here is a breakdown of the information Metallus Inc. presented to its investors.

Metallus Inc., a prominent player in the specialty metals industry, is known for manufacturing high-performance metals from recycled scrap metal, catering to industrial, automotive, aerospace & defense, and energy markets. The company, based in Canton, Ohio, has a rich history of over 100 years in producing high-quality steel.

In its first-quarter 2025 earnings report, Metallus Inc. announced net sales of $280.5 million, marking a 17% increase from the previous quarter, though a 13% decline from the same period last year. The company reported a net income of $1.3 million, a significant improvement from the net loss of $21.4 million in the fourth quarter of 2024.

Key financial highlights include an adjusted EBITDA of $17.7 million, up from $8.3 million in the previous quarter, driven by higher shipments and increased raw material surcharge revenue. The company invested $27.5 million in capital expenditures and repurchased $5.6 million worth of common shares. Despite a cash outflow of $38.9 million due to pension contributions, Metallus maintained a strong liquidity position with $432.0 million.

The company is optimistic about the future, expecting higher adjusted EBITDA in the second quarter of 2025, supported by increased shipments in aerospace & defense and improved operational performance. Metallus plans to continue its strategic investments and share repurchase program while focusing on safety and customer service.

Looking ahead, Metallus Inc. remains confident in navigating potential macroeconomic challenges, with plans to enhance profitability and cash flow, supported by a robust order book and favorable market conditions.