Metallus Inc.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
MTUS$17.47+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $156.7 | $240.7 |
| Accounts receivable, net of allowances (2025 - $1.8 million; 2024 - $1.7 million) | 126.0 | 90.8 |
| Inventories, net | 243.2 | 219.8 |
| Deferred charges and prepaid expenses | 26.4 | 29.9 |
| Other current assets | 0.9 | 6.1 |
| Total Current Assets | 553.2 | 587.3 |
| Property, plant and equipment, net | 562.5 | 507.3 |
| Operating lease right-of-use assets | 11.4 | 11.7 |
| Finance lease right-of-use assets | 3.5 | — |
| Pension assets | 5.6 | 5.5 |
| Intangible assets, net | 2.9 | 3.4 |
| Other non-current assets | 1.1 | 1.5 |
| Total Assets | 1,140.2 | 1,116.7 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | 151.1 | 119.2 |
| Salaries, wages and benefits | 29.0 | 16.8 |
| Accrued pension and postretirement costs | 26.8 | 66.5 |
| Current operating lease liabilities | 4.0 | 4.8 |
| Current finance lease liabilities | 0.8 | — |
| Current convertible notes, net | — | 5.4 |
| Government funding liabilities | 85.6 | 53.5 |
| Other current liabilities | 17.6 | 15.3 |
| Total Current Liabilities | 314.9 | 281.5 |
| Credit Agreement | — | — |
| Non-current operating lease liabilities | 7.3 | 6.9 |
| Non-current finance lease liabilities | 2.8 | — |
| Accrued pension and postretirement costs | 100.2 | 110.2 |
| Deferred income taxes | 16.9 | 14.3 |
| Other non-current liabilities | 12.1 | 13.3 |
| Total Liabilities | 454.2 | 426.2 |
| Shareholders’ Equity | ||
| Preferred shares, without par value; authorized 10.0 million shares, none issued | — | — |
| Common shares, without par value; authorized 200.0 million shares; issued 2025 - 48.2 million shares; issued 2024 - 48.2 million shares | — | — |
| Additional paid-in capital | 850.2 | 843.9 |
| Retained deficit | (53.6) | (52.4) |
| Treasury shares - 2025 - 6.5 million; 2024 - 5.9 million | (116.0) | (108.7) |
| Accumulated other comprehensive income (loss) | 5.4 | 7.7 |
| Total Shareholders’ Equity | 686.0 | 690.5 |
| Total Liabilities and Shareholders’ Equity | 1,140.2 | 1,116.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.