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Metallus MTUS Government grants

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$91.5M+37.8%
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Other financials

Income statement

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Revenue$308.3M+9.9%
Gross profit$25.1M+14.6%
Net income$5.4M+315%
EPS (diluted)$0.13+333%

Balance sheet

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Cash & equivalents$104.0M-42.3%
Total debt$13.2M-15.4%
Total equity$683.0M-0.5%
Total assets$1.1B+3.3%

Cash flow

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Operating cash flow-$26.9M+30.8%
CapEx$24.7M-10.2%
Free cash flow-$51.6M+22.3%

Valuation

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Market cap$898.21M+40.4%
Enterprise value$807.41M+73.7%
P/E309.7×
P/S0.8×+0.2×

Profitability

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Gross margin8.3%+1.7pp
Operating margin0.9%
Net margin0.2%
FCF margin-10.2%-16.9pp

Returns & leverage

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Return on equity0.4%
Debt / equity0.0×
Current ratio1.7×-0.3×

Where this comes from

Reported directly by Metallus in its filing.

Tagged under the XBRL concept us-gaap:GovernmentAssistanceLiabilityCurrent.

The source filing: Metallus’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-205648
Line itemMarch 31,2026December 31,2025
Accrued pension and postretirement costs12.126.8
Current operating lease liabilities3.74.0
Current finance lease liabilities0.80.8
Government funding liabilities91.585.6
Other current liabilities16.417.6
Total Current Liabilities319.0314.9
Credit Agreement
Non-current operating lease liabilities6.77.3

Item 1. Financial Statements

FAQ

What is Metallus's government grants?
Metallus (MTUS) reported government grants of $91.5M in Q1 2026.
How has Metallus's government grants changed year-over-year?
Metallus's government grants increased by 37.8% year-over-year, from $66.4M to $91.5M.
What does government grants mean?
This reflects the current portion of liabilities arising from government grants or financial assistance programs that must be repaid or recognized as revenue over time. It highlights the company's reliance on public sector support and the associated short-term obligations tied to these funding arrangements.

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