MTUS Q2 2024 Earnings — Metallus Inc. Revenue & Financial Results | Market Cap Arena

MTUSMetallus Inc.

$686M

Q2 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$295M-17.4% YoY

Gross Profit

$24M8.2% margin

Operating Income

$3M1.2% margin

Net Income

$5M1.6% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

-8.4%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$384M

Stockholders' Equity

$736M

Cash & Equivalents

$273M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$295M	$357M	-17.4%
Gross Profit	$24M	$54M	-55.1%
Operating Income	$3M	$34M	-90.0%
Net Income	$5M	$29M	-84.1%

Revenue Segments

Special Bar Quality Bars

$180M61%

Manufactured Components

$75M25%

Seamless Mechanical Tubing

$35M12%

Other Products

$5M2%