Here are the DEF 14A proxy statements from Metallus Inc. (MTUS) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow MTUS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTUS filings page.
Metallus Inc. is asking shareholders to vote at its virtual 2026 annual meeting on April 30, 2026, including electing three Class III directors, ratifying Ernst & Young as auditor for 2026, and approving executive pay on an advisory basis.
For 2025, Metallus generated net sales of $1,158.3 million, a net loss of $1.2 million, adjusted EBITDA of $75.6 million and operating cash flow of $16.0 million, with liquidity of $389.2 million. The company repurchased 0.9 million shares for $13.1 million and has reduced diluted shares outstanding by about 13.5 million (approximately 25%) since early 2022.
Management highlights commercial recovery in 2025, including about $28 million of VAR steel revenue, zero serious injuries, and ongoing investment in automation and sustainability. 2025 annual incentives for named executives paid at 102.5% of target, while 2023–2025 performance shares paid out at 41.1% of target based on relative total shareholder return.