earnings
confidence high
sentiment positive
materiality 0.75
Metallus Q2 2026: net sales $341M (+12% YoY), net income $8.9M, adj. EBITDA $29M
Metallus Inc.
- Net sales $341.0M, up 11% sequentially and 12% YoY; net income $8.9M ($0.21 diluted EPS).
- Adjusted net income $11.1M ($0.26 diluted EPS); adjusted EBITDA $29.0M, up 18% sequentially and 9% YoY.
- Ship tons 174,200, up 6% sequentially; melt utilization 74% (up from 72% Q1, 71% Q2 2025).
- Refinanced credit facility to June 2031, $300M capacity, undrawn; cash $108.6M, total liquidity $394.8M.
- Q3 outlook: adjusted EBITDA slightly higher than Q2 2026 and Q3 2025; shipments similar; price increases announced.