Welcome to our dedicated page for Metallus SEC filings (Ticker: MTUS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Metallus Inc. (NYSE: MTUS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Metallus, an Ohio corporation that manufactures high-performance specialty metals from recycled scrap metal in Canton, Ohio, reports its financial condition, risk factors and material events through periodic and current reports.
Investors can review annual reports on Form 10-K and quarterly reports on Form 10-Q to understand Metallus’ performance in its specialty metals business, including alloy steel bars, seamless mechanical tubing and manufactured components serving industrial, automotive, aerospace & defense and energy end-markets. These filings typically discuss operating results, liquidity, capital expenditures, pension obligations and other matters the company highlights in its public communications.
Current reports on Form 8-K, such as the filing dated November 6, 2025, document material events including the release of quarterly earnings and the posting of related investor materials. Users can also access exhibits like press releases furnished with these 8-Ks for additional detail on sales, profitability and outlook commentary.
Where applicable, proxy statements and Section 16 filings (such as Forms 3, 4 and 5) provide information on governance, executive and director share transactions, and compensation structures. Stock Titan enhances these documents with AI-powered summaries that highlight key points, helping users interpret complex disclosures without reading every page. Real-time updates from EDGAR ensure that new Metallus filings, including 10-K, 10-Q, 8-K and Form 4 submissions, appear promptly so investors can track developments in the company’s specialty metals operations and risk profile.
Metallus Inc. (MTUS) announced a planned CEO transition and related leadership changes. Michael S. Williams will retire as Chief Executive Officer and director effective December 31, 2026, and is expected to serve as Special Advisor to the CEO and Board through June 30, 2027.
The Board appointed Kristopher R. Westbrooks, currently President and Chief Operating Officer, as President and Chief Executive Officer and director effective January 1, 2027. His compensation package includes a base salary of $800,000, a target annual bonus equal to 100% of base salary, and a target annual long-term equity incentive of $2,400,000, with 60% in performance-based restricted stock units and 40% in time-based restricted stock units. Williams will receive a Special Advisor monthly base salary of $39,375. The company also reported 2025 sales of $1.2 billion and approximately 1,905 employees.
Metallus Inc. reported higher sales and earnings for the quarter and six months ended June 30, 2026. For the quarter, net sales were $341.0 million, up 12.0% from 2025, and net income was $8.9 million versus $3.7 million, with diluted EPS of $0.21. For the first half, net sales were $649.3 million, up 11.0%, and net income rose to $14.3 million from $5.0 million, as gross profit improved and SG&A declined slightly.
Growth was supported by higher shipments and pricing, particularly in aerospace & defense and industrial markets. First-half net sales by end market were $228.4 million industrial, $240.8 million automotive, $112.0 million aerospace & defense and $57.0 million energy. Operating cash flow was a use of $14.1 million, mainly from higher receivables, inventories and $25.2 million of pension contributions, while capital expenditures totaled $39.9 million, including U.S. government–funded projects.
Liquidity remained sizable with $108.6 million of cash and total liquidity of $394.8 million, including $286.2 million of undrawn availability under a newly amended $300.0 million asset-based credit facility maturing in 2031. Through June 30, 2026, Metallus had received $102.8 million of government funding toward major furnace investments and repurchased 0.5 million shares for $7.9 million, with $81.8 million remaining under its authorization.
Metallus Inc. reported a strong second quarter of 2026, with net sales of $341.0 million, up 11% sequentially and 12% year over year. Net income was $8.9 million, or $0.21 per diluted share, compared with $5.4 million in the first quarter and $3.7 million a year earlier. On an adjusted basis, net income was $11.1 million, or $0.26 per diluted share, and adjusted EBITDA was $29.0 million, up 18% sequentially and 9% year over year.
Shipments rose to 174.2 thousand tons, driven by higher volumes across most end-markets, improved pricing, and better product mix. Melt utilization increased to 74%, although manufacturing cost performance declined sequentially due to lower-than-planned fixed-cost absorption and higher maintenance. As of June 30, 2026, Metallus held $108.6 million in cash and cash equivalents and total liquidity of $394.8 million, with its $300.0 million asset-based revolving credit facility undrawn and refinanced to mature in June 2031. Second-quarter operating cash flow was $12.8 million and free cash flow was $7.1 million. The company invested $15.2 million in capital expenditures (including $9.5 million for U.S. government-funded projects) and repurchased 0.2 million shares for $3.6 million.
For the third quarter of 2026, Metallus expects shipments similar to the second quarter, slightly better pricing and mix, a modest increase in melt utilization, and adjusted EBITDA slightly higher than both the second quarter of 2026 and the third quarter of 2025. Planned 2026 capital expenditures remain about $70 million, including $35 million partially funded by the U.S. government, with no additional pension contributions anticipated for the rest of 2026 and an expected full-year adjusted effective tax rate between 27% and 30%.
Garcia Ken V reported acquisition or exercise transactions in this Form 4 filing.
Metallus Inc. director Ken V. Garcia received a grant of 1,471 phantom shares on this Form 4. Each phantom share is economically equivalent to one common share and was valued at $18.69 per share for this award. These phantom shares are payable in cash and/or common shares when his Board service ends, under the Metallus Inc. Director Deferred Compensation Plan. Following this grant, he holds 27,776 phantom shares in total.
Metallus Inc. entered into a Fifth Amended and Restated Credit Agreement providing a new $300 million asset-based revolving credit facility with a syndicate of lenders led by JPMorgan Chase. This facility is secured by substantially all personal property of Metallus and key domestic subsidiaries and is guaranteed by those subsidiaries.
The facility includes a $15 million letter-of-credit sublimit and a $40 million swingline loan sublimit, with options to increase lender commitments by up to $200 million plus a separate $30 million first-in, last-out tranche if conditions are met. Borrowing availability is tied to a borrowing base of eligible receivables, inventory, and equipment, and the facility carries variable interest based on either an Alternate Base Rate or Adjusted Term SOFR plus a margin, plus a 0.25% fee on unused commitments.
The credit facility matures on June 30, 2031, and requires mandatory prepayments from certain asset sales or capital raises before then. As of June 30, 2026, Metallus had $5.3 million outstanding in letters of credit under this facility, which is intended to support working capital, capital spending, permitted acquisitions, and general corporate purposes.
Metallus Inc. executive vice president and chief financial officer John M. Zaranec reported a tax-related share disposition. On June 16, 2026, 5,198 Common Shares were delivered at $20.00 per share to satisfy an exercise price or tax liability. Following this transaction, he directly owns 45,862 Common Shares of Metallus Inc.
State Street Corporation reports beneficial ownership of 2,799,274 shares of Metallus Inc common stock, representing 6.7% of the class as of 03/31/2026. The filing shows shared voting power of 2,727,940 shares and lists affiliated investment-advisor subsidiaries as holders.
The schedule is a passive ownership disclosure under a Schedule 13G filing and identifies SSGA Funds Management and State Street Global Advisors entities as related parties. Signature on the form is by a senior officer on 05/12/2026.
Metallus Inc. reported stronger first-quarter 2026 results, with net sales of $308.3 million, up 9.9% from $280.5 million a year earlier. Net income rose to $5.4 million from $1.3 million, and diluted earnings per share increased to $0.13 from $0.03.
Gross profit improved to $25.1 million, helped by higher shipments, better price/mix and raw material spread, partly offset by increased manufacturing costs. Aerospace & defense and industrial demand were key contributors, while energy softened.
Cash and cash equivalents were $104.0 million, with total liquidity of $374.7 million and no debt outstanding under the $400 million credit facility. Operating cash outflow of $26.9 million reflected higher working capital and pension contributions. Metallus continued investing, with $24.7 million of capital expenditures and ongoing U.S. Army–funded projects, and repurchased 0.3 million shares for $4.3 million.
Metallus Inc. reported stronger first-quarter 2026 results, with net sales of $308.3 million and net income of $5.4 million, or $0.13 per diluted share. Adjusted net income was $7.7 million, or $0.18 per diluted share, and adjusted EBITDA rose to $24.6 million.
Sales increased 15 percent sequentially and 10 percent year over year, driven by higher shipments across most end markets and higher surcharge revenue. Melt utilization improved to 72 percent, while cash and cash equivalents were $104.0 million and total liquidity was $374.7 million as of March 31, 2026.
Operating cash flow was a use of $26.9 million, reflecting working capital needs and front-loaded pension contributions. The company invested $24.7 million in capital expenditures, repurchased $4.3 million of common shares, and continues to receive U.S. government funding for its capacity expansion project.
Metallus Inc. reported results of its Annual Meeting of Shareholders held on April 30, 2026. Shareholders elected three Class I directors—Nicholas J. Chirekos, Randall H. Edwards, and Randall A. Wotring—to three-year terms expiring at the 2029 annual meeting.
Shareholders also ratified the selection of Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2026, with 38,714,271 votes for, 260,980 against, and 17,156 abstentions. In addition, they approved, on an advisory basis, the compensation of the company’s named executive officers, with 32,457,415 votes for, 890,751 against, 72,795 abstentions, and 5,571,446 broker non-votes.