Metallus, Inc (MTUS)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	1,300	69,400	65,100	171,000	-61,900
Total stockholders’ equity	US$ in thousands	690,500	731,600	686,500	664,600	507,500
ROE		0.19%	9.49%	9.48%	25.73%	-12.20%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $1,300K ÷ $690,500K
= 0.19%

Based on the provided data, Metallus, Inc's return on equity (ROE) has shown significant variability over the years:

1. In December 31, 2020, the ROE was negative at -12.20%, indicating that the company's net income was insufficient to cover its shareholders' equity.

2. By December 31, 2021, the ROE had improved significantly to 25.73%, suggesting that the company was able to generate a substantial return for its shareholders relative to their equity investments.

3. In December 31, 2022, the ROE decreased to 9.48%, indicating a slight decline in the company's ability to generate profit from its equity base compared to the previous year.

4. The ROE remained relatively stable in December 31, 2023, at 9.49%, showing consistency in the company's ability to generate returns for its shareholders.

5. However, by December 31, 2024, there was a sharp decline in ROE to 0.19%, indicating a significant decrease in the company's profitability relative to its shareholders' equity investment.

Overall, the analysis of Metallus, Inc's ROE reveals fluctuations in the company's ability to generate returns for its shareholders over the years, with notable improvements in some periods and declines in others. It is important for the company to further examine the factors contributing to these fluctuations to ensure sustainable and positive returns for its investors.