Metallus (MTUS) Operating Expenses (2013 - 2026)
Metallus (MTUS) reported Operating Expenses of $22.2 million for Q1 2026, down 8.64% on a YoY basis from $24.3 million in Q1 2025, and little changed quarter-over-quarter from $22.3 million in Q4 2025.
Metallus (MTUS) Operating Expenses (2013 - 2026) Analysis & Trends
Metallus has reported Operating Expenses for 14 years, with the latest figure at $22.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.64% year-over-year to $22.2 million; the trailing twelve-month figure through Mar 2026 stood at $94.6 million (up 7.62% YoY), and the FY2025 full-year result was $96.7 million, up 10.26% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.2 million, roughly flat from $22.3 million in the prior quarter.
- The five-year high for Operating Expenses was $27.2 million in Q3 2025, with the low at $16.2 million in Q3 2022.
- Historically, Operating Expenses has averaged $21.5 million across 5 years, with a median of $22.1 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses decreased 20.2% — and 2023, when it surged 30.46%.
- Metallus' Operating Expenses stood at $17.4 million in 2022, then jumped by 30.46% to $22.7 million in 2023, then slipped by 10.13% to $20.4 million in 2024, then increased by 9.31% to $22.3 million in 2025, then dropped by 0.45% to $22.2 million in 2026.
- The last three Operating Expenses figures came in at $22.2 million (Q1 2026), $22.3 million (Q4 2025), and $27.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -390.27 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 378.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 175.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 3.66 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 5.14 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -423.40 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 71.50 Mn |
| 10 | Metallus | 819.82 Mn | 715.82 Mn | 25.10 Mn | 22.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.20 Mn |
| Dec 31, 2025 | 22.30 Mn |
| Sep 30, 2025 | 27.20 Mn |
| Jun 30, 2025 | 22.90 Mn |
| Mar 31, 2025 | 24.30 Mn |
| Dec 31, 2024 | 20.40 Mn |
| Sep 30, 2024 | 22.50 Mn |
| Jun 30, 2024 | 20.70 Mn |
| Mar 31, 2024 | 24.10 Mn |
| Dec 31, 2023 | 22.70 Mn |
| Sep 30, 2023 | 20.50 Mn |
| Jun 30, 2023 | 20.40 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | 17.40 Mn |
| Sep 30, 2022 | 16.20 Mn |
| Jun 30, 2022 | 22.10 Mn |
| Mar 31, 2022 | 18.90 Mn |
| Dec 31, 2021 | 20.80 Mn |
| Sep 30, 2021 | 20.30 Mn |
| Jun 30, 2021 | 22.00 Mn |