Metallus, Inc (MTUS)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,300 | 24,000 | 54,700 | 79,000 | 69,400 | 34,900 | -3,200 | 42,400 | 65,100 | 155,400 | 218,800 | 198,300 | 171,000 | 101,100 | 37,100 | -32,200 | -61,900 | -133,700 | -136,800 | -133,400 |
| Total stockholders’ equity | US$ in thousands | 690,500 | 712,700 | 736,300 | 739,300 | 731,600 | 730,300 | 711,800 | 691,400 | 686,500 | 735,100 | 768,900 | 703,200 | 664,600 | 620,600 | 570,000 | 513,300 | 507,500 | 514,400 | 527,000 | 542,100 |
| ROE | 0.19% | 3.37% | 7.43% | 10.69% | 9.49% | 4.78% | -0.45% | 6.13% | 9.48% | 21.14% | 28.46% | 28.20% | 25.73% | 16.29% | 6.51% | -6.27% | -12.20% | -25.99% | -25.96% | -24.61% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,300K ÷ $690,500K
= 0.19%
Metallus, Inc's return on equity (ROE) has shown a significant improvement over the past few years. The company experienced negative ROE figures in the early quarters of 2020 and 2021, indicating financial challenges and inefficiencies in generating profit from shareholders' equity. However, starting from the third quarter of 2021, there was a noticeable turnaround in the company's performance, with ROE turning positive and gradually increasing.
By December 2022, Metallus, Inc achieved an ROE of 9.48%, signifying a successful profitability growth compared to the negative figures recorded earlier. The positive trend continued into the first half of 2023, reaching double-digit ROE percentages by March 2024.
While there was a slight decline in ROE in the second half of 2024, with figures dropping to single digits, the company maintained positive returns indicating a stable financial performance.
Overall, the upward trajectory of Metallus, Inc's ROE over the analyzed period signals improved efficiency in utilizing shareholders' equity to generate profits, highlighting positive developments in the company's financial health and management.
Peer comparison
Dec 31, 2024