Highest-materiality recent filing
Metallus enters into $300M asset-based revolving credit facility maturing 2031
$300M ABL facility with $15M LC sublimit and $40M swingline sublimit.
Metallus Q1 net sales up 10% YoY to $308.3M; adj. EBITDA $24.6M (+39% YoY)
Net sales $308.3M (up 10% YoY, 15% sequentially); net income $5.4M ($0.13 diluted) vs $1.3M in Q1 2025.
Metallus shareholders elect three directors, ratify auditor, approve say-on-pay
Elected directors Chirekos, Edwards, Wotring to three-year terms expiring 2029; broker non-votes 5.57M.
Metallus Q4 net loss $14.3M; order book up >50% YoY; new USW contract
Q4 net sales $267.3M (-13% QoQ); net loss $14.3M ($0.34 loss/share); adjusted EBITDA $2.4M.
Net income $8.1M ($0.19 diluted EPS); adjusted net income $12.0M ($0.28 adjusted EPS).
Metallus Q2 net sales $304.6M, adj. EBITDA $26.5M; Q3 guidance modestly lower
Net sales $304.6M, up 9% seq; net income $3.7M ($0.09 GAAP EPS); adjusted net income $8.4M ($0.20 adj. EPS).
Metallus promotes Westbrooks to President & COO, appoints Zaranec as CFO
Kristopher Westbrooks promoted from EVP & CFO to President & COO effective June 16, 2025.
Net sales $280.5M (+17% seq, -13% YoY); net income $1.3M ($0.03 EPS) vs Q1 2024 net income $24.0M ($0.52).
Elected four Class I directors (Garcia, Jones, Miller, Misheff) each to three-year terms; votes ranged from 29.9M to 31.8M for.
Metallus Q4 net loss $21.4M, adjusted EBITDA $8.3M; sees Q1 EBITDA higher
Net sales Q4 $240.5M (down 27% YoY); full-year net income $1.3M vs $69.4M in 2023.
Metallus Q3 net sales $227.2M, net loss $5.9M; expects modest Q4 EBITDA increase
Net sales $227.2M, down 23% sequentially and 36% YoY; diluted EPS loss $0.13.
Metallus Q2 net sales down 8% QoQ; adjusted EBITDA slides to $19.9M; guides Q3 lower
Net sales $294.7M, net income $4.6M ($0.10 diluted EPS); adjusted net income $6.7M ($0.15).
Metallus settles $121M in pension obligations via Prudential annuity; expects $3M Q2 gain
Agreement with Prudential to purchase group annuity covering ~$121M of remaining U.S. pension obligations.
Metallus Q1 net income $24M; adjusted EBITDA $43.4M; new $100M buyback
Net sales $321.6M, net income $24.0M ($0.52 EPS); adjusted net income $26.1M ($0.56), adjusted EBITDA $43.4M.
Four Class I directors elected to three-year terms: Mary Ellen Baker, Jamy P. Rankin, Ronald A. Rice, Michael S. Williams.
Metallus Q4 net income falls to $1.3M from $24.8M sequentially; full-year adj EBITDA $169.0M
Net sales Q4 $328.1M, down 7.4% from Q3 $354.2M; full-year sales $1.4B.
Director Diane C. Creel to retire from TimkenSteel Board effective May 7, 2024
Diane C. Creel notified the Board of her retirement on January 30, 2024.
TimkenSteel grants performance-based stock units tied to share price targets of $35-$50 through 2026
CEO Williams received 80,000 target PRSUs; three other NEOs each received 40,000 target PRSUs.
TimkenSteel Q3 net income $24.8M ($0.51 EPS); adjusted EBITDA $46.8M
Net sales $354.2M, down 1% sequentially, up 12% YoY; net income $24.8M vs loss $13.3M YoY.
TimkenSteel Q2 net sales $356.6M, adj. EBITDA $50.5M; sequential improvement but YoY decline
Net sales $356.6M (+10% seq); net income $28.9M ($0.62 diluted EPS).
TimkenSteel appoints Jamy P. Rankin to board, increasing size to 11
Board expanded from 10 to 11 directors; Rankin appointed effective August 2, 2023.
TimkenSteel Q1 net sales $323.5M (+32% QoQ); adj. EBITDA $36.0M
Net income $14.4M ($0.30 diluted EPS); adjusted net income $20.8M ($0.44).
TimkenSteel reports annual meeting voting results; directors elected, auditor ratified.
Shareholders elected Nicholas J. Chirekos, Randall H. Edwards, Randall A. Wotring (Class III, three-year terms) and Mary Ellen Baker (Class I, one-year term).
TimkenSteel Q4 2022 earnings press release issued; no specific results in 8-K
Press release for Q4 2022 results was issued on Feb 23, 2023, but the exhibit text is not provided in this filing.
TimkenSteel amends annual incentive plan and approves performance RSU agreement for 2023-2025
APA Plan amended effective 2023; metrics and weightings updated for executive and key employee annual cash incentives.
Director Leila Vespoli will not stand for re-election at TimkenSteel's 2023 Annual Meeting
Leila L. Vespoli notified the board on Jan 23, 2023, of her decision not to stand for re-election.
TimkenSteel announces Q3 2022 results; no specifics in filing body
Filing reports issuance of a press release for Q3 2022 results on Nov 3, 2022.
TimkenSteel expands board to 11, appoints Baker and Chirekos as independent directors
Mary Ellen Baker, former EVP at Citizens Bank and PNC, brings technology and cybersecurity expertise.
TimkenSteel expects Q3 adjusted EBITDA of $9M-$12M after melt shop incident
Melt shop incident in July caused ~1 month downtime; Q3 melt utilization 40% vs 84% Q2.
TimkenSteel enters $400M asset-based revolving credit facility due 2027
$400M asset-based revolving credit facility, maturing Sept 30, 2027.
TimkenSteel Q2 net sales $415.7M, record adj. EBITDA $84.2M
Net sales $415.7M (+18% QoQ, +27% YoY); net income $74.5M ($1.42 diluted EPS).
TimkenSteel agrees to purchase group annuity from Prudential to settle $250M pension obligations
Agreement to transfer ~$250M of ~$800M U.S. pension obligations to Prudential via group annuity contract.
TimkenSteel shareholders re-elect all four directors, ratify auditor, approve executive pay
Diane Creel, Kenneth Garcia, Ellis Jones, Donald Misheff each elected to 3-year term expiring 2025.
TimkenSteel Q1 net sales $352M (+29% YoY); adjusted EPS $0.92 vs $0.43 YoY
Net sales $352M (up 29% YoY); net income $37.1M ($0.70 diluted EPS) vs $9.8M ($0.20) YoY.
TimkenSteel reports Q4 and FY2021 results; specific figures not available in filing text
Issued press release on Feb 24, 2022 covering fourth quarter and full-year 2021 results.
TimkenSteel board authorizes $50M share repurchase; director Dunlap resigns
Board authorized up to $50M repurchase of common shares; methods include open market and 10b5-1 plans.
TimkenSteel Q3 2021 net sales $343.7M, net income $50.1M, record adjusted EBITDA $72.0M
Net sales $343.7M (+5% sequentially, +67% YoY); net income $50.1M ($0.94 diluted EPS); adjusted net income $55.2M ($1.04 adjusted EPS).
TimkenSteel appoints Kenneth Garcia and Ellis Jones to board, effective Aug 12, 2021
Board expands to ten members; both appointees fill vacancies and join Audit Committee.
TimkenSteel Q2 2021 net sales $327.3M, net income $54.0M, record adjusted EBITDA $71.0M
Net sales $327.3M, up 20% sequential and 113% YoY; net income $54.0M vs loss of $15.3M in Q2 2020.
the Board appointed and elected John M. Zaranec III as Executive Vice President and Chief Financial Officer, also effective June 16, 2025.
Diane C. Creel notified the Company’s Board of Directors that she intends to retire from her position as a Director of TimkenSteel Corporation immediately prior to the Annual Meeting of Shareholders on May 7, 2024.
On August 2, 2023, the Board of Directors (the "Board") of TimkenSteel Corporation (the “Company”) voted to increase the size of the Board from ten directors to eleven directors and appointed Jamy P. Rankin as a director of the Company, effective immediately, filling the vacancy on the Board.
On January 23, 2023, Leila L. Vespoli notified the Board of Directors of TimkenSteel Corporation (the “Company”) of her decision not to stand for re-election as a director at the Company’s 2023 Annual Meeting of Shareholders.
On November 2, 2022, the Board of Directors (the "Board") of TimkenSteel Corporation (the “Company”) voted to increase the size of the Board from ten directors to eleven directors and appointed Mary Ellen Baker and Nicholas J. Chirekos as directors of the Company, effective immediately, filling the vacancies on the Board.
On November 2, 2022, the Board of Directors (the "Board") of TimkenSteel Corporation (the “Company”) voted to increase the size of the Board from ten directors to eleven directors and appointed Mary Ellen Baker and Nicholas J. Chirekos as directors of the Company, effective immediately, filling the vacancies on the Board.
On December 17, 2021, Terry L. Dunlap notified the Board of Directors (the “Board”) of TimkenSteel Corporation (the “Company”) of his intention to resign as a director effective December 31, 2021.
On August 12, 2021, the Board of Directors (the “Board”) of TimkenSteel Corporation (the “Company”) appointed Kenneth V. Garcia and Ellis A. Jones as directors of the Company, effective immediately
On August 12, 2021, the Board of Directors (the “Board”) of TimkenSteel Corporation (the “Company”) appointed Kenneth V. Garcia and Ellis A. Jones as directors of the Company, effective immediately
Max materiality 0.85 · Median 0.60 · Most common event earnings