---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-058218"
form_type: "8-K"
ticker: "MTUS"
cik: "0001598428"
company_name: "Metallus Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:22:52.277288+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TimkenSteel Q3 net income $24.8M ($0.51 EPS); adjusted EBITDA $46.8M

## Summary
- Net sales $354.2M, down 1% sequentially, up 12% YoY; net income $24.8M vs loss $13.3M YoY.
- Adjusted net income $24.9M ($0.52 EPS); adjusted EBITDA $46.8M, down from $50.5M Q2 but up from $10.8M YoY.
- Operating cash flow $28.1M; cash $225.4M; capex $17.5M; share repurchases $7.7M in Q3.
- Ship tons 175,800 (+11% YoY); melt utilization 76% (vs 40% Q3 2022).
- Management cites automotive work stoppages as headwinds but remains confident in cycle navigation.

## SEC filing metadata
- accession: 0000950170-23-058218
- form_type: 8-K
- ticker: MTUS
- cik: 0001598428
- company_name: Metallus Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598428/000095017023058218/0000950170-23-058218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598428/000095017023058218/tmst-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-058218
- JSON: https://secwatch.observer/filing/0000950170-23-058218.json
- Plain text: https://secwatch.observer/filing/0000950170-23-058218.txt

## Key facts
- Earnings Releases
  Metallus Inc. reported third quarter 2023 results: revenue $354.2 million, net income $24.8 million, EPS $0.51 per diluted share.
  - Period: third quarter 2023
  - Revenue: $354.2 million
  - Net income: $24.8 million
  - EPS: $0.51 per diluted share
  - Result: reported results
  source text: TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported third-quarter 2023 net sales of $354.2 million and net income of $24.8 million, or $0.51 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598428/000095017023058218/0000950170-23-058218-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.