MTUS Q2 2023 Earnings — Metallus Inc. Revenue & Financial Results | Market Cap Arena

MTUSMetallus Inc.

$686M

Q2 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$357M-14.2% YoY

Gross Profit

$54M15.1% margin

Operating Income

$34M9.6% margin

Net Income

$29M8.1% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$437M

Stockholders' Equity

$712M

Cash & Equivalents

$222M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$357M	$416M	-14.2%
Gross Profit	$54M	$81M	-34.0%
Operating Income	$34M	$60M	-42.7%
Net Income	$29M	$75M	-61.2%

Revenue Segments

Special Bar Quality Bars

$254M71%

Manufactured Components

$59M17%

Seamless Mechanical Tubing

$39M11%

Other Products

$5M1%