MTUS vs. FRD

Last updated Apr 1, 2026

Compare and contrast key facts about Metallus, Inc (MTUS) and Friedman Industries, Incorporated (FRD).

Performance

MTUS vs. FRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Metallus, Inc (MTUS) and Friedman Industries, Incorporated (FRD). The values are adjusted to include any dividend payments, if applicable.

MTUS vs. FRD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MTUS Metallus, Inc	-4.78%	21.44%	-39.74%	29.06%	10.12%	253.32%	-40.59%	-10.07%	-42.46%	-1.87%
FRD Friedman Industries, Incorporated	-13.35%	35.33%	-0.26%	58.98%	5.34%	37.91%	15.73%	-12.71%	26.02%	-14.17%

Fundamentals

EPS MTUS : -$0.03 FRD : $3.57
PS Ratio MTUS : 0.60 FRD : 0.14
Total Revenue (TTM) MTUS : $1.16B FRD : $584.35M
Gross Profit (TTM) MTUS : $95.10M FRD : $38.95M
EBITDA (TTM) MTUS : $50.50M FRD : $26.21M

Returns By Period

In the year-to-date period, MTUS achieves a -4.78% return, which is significantly higher than FRD's -13.35% return. Over the past 10 years, MTUS has underperformed FRD with an annualized return of 5.90%, while FRD has yielded a comparatively higher 13.54% annualized return.

MTUS

• 1D: 0.86%
• 1M: -3.88%
• YTD: -4.78%
• 6M: -1.15%
• 1Y: 22.31%
• 3Y*: -3.78%
• 5Y*: 7.30%
• 10Y*: 5.90%

FRD

• 1D: -0.39%
• 1M: -4.78%
• YTD: -13.35%
• 6M: -18.75%
• 1Y: 20.07%
• 3Y*: 17.01%
• 5Y*: 17.76%
• 10Y*: 13.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MTUS vs. FRD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MTUS

MTUS Risk / Return Rank: 56
MTUS Sharpe Ratio Rank: 58
MTUS Sortino Ratio Rank: 54
MTUS Omega Ratio Rank: 53
MTUS Calmar Ratio Rank: 55
MTUS Martin Ratio Rank: 60

FRD

FRD Risk / Return Rank: 56
FRD Sharpe Ratio Rank: 57
FRD Sortino Ratio Rank: 54
FRD Omega Ratio Rank: 52
FRD Calmar Ratio Rank: 58
FRD Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MTUS vs. FRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Metallus, Inc (MTUS) and Friedman Industries, Incorporated (FRD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MTUS	FRD	Difference
Sharpe ratio Return per unit of total volatility	0.49	0.44	+0.05
Sortino ratio Return per unit of downside risk	0.94	0.94	0.00
Omega ratio Gain probability vs. loss probability	1.13	1.12	+0.01
Calmar ratio Return relative to maximum drawdown	0.63	0.75	-0.12
Martin ratio Return relative to average drawdown	1.97	1.71	+0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTUS vs. FRD - Sharpe Ratio Comparison

The current MTUS Sharpe Ratio is 0.49, which is comparable to the FRD Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of MTUS and FRD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MTUS	FRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	0.44	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.33	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.28	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.21	-0.31

Correlation

The correlation between MTUS and FRD is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MTUS vs. FRD - Dividend Comparison

MTUS has not paid dividends to shareholders, while FRD's dividend yield for the trailing twelve months is around 0.90%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MTUS Metallus, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.01%
FRD Friedman Industries, Incorporated	0.90%	0.78%	0.92%	0.52%	0.82%	0.85%	1.17%	2.66%	1.70%	0.70%	0.60%	0.90%

Drawdowns

MTUS vs. FRD - Drawdown Comparison

The maximum MTUS drawdown since its inception was -95.38%, which is greater than FRD's maximum drawdown of -71.00%. Use the drawdown chart below to compare losses from any high point for MTUS and FRD.

Drawdown Indicators

	MTUS	FRD	Difference
Max Drawdown Largest peak-to-trough decline	-95.38%	-71.00%	-24.38%
Max Drawdown (1Y) Largest decline over 1 year	-32.31%	-24.77%	-7.54%
Max Drawdown (5Y) Largest decline over 5 years	-56.26%	-53.55%	-2.71%
Max Drawdown (10Y) Largest decline over 10 years	-90.11%	-65.09%	-25.02%
Current Drawdown Current decline from peak	-66.57%	-21.63%	-44.94%
Average Drawdown Average peak-to-trough decline	-67.47%	-34.86%	-32.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	10.85%	-0.59%

Volatility

MTUS vs. FRD - Volatility Comparison

Metallus, Inc (MTUS) has a higher volatility of 12.46% compared to Friedman Industries, Incorporated (FRD) at 9.64%. This indicates that MTUS's price experiences larger fluctuations and is considered to be riskier than FRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTUS	FRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.46%	9.64%	+2.82%
Volatility (6M) Calculated over the trailing 6-month period	32.00%	32.28%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	46.06%	45.75%	+0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.53%	54.26%	-3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.99%	48.42%	+12.57%

Financials

MTUS vs. FRD - Profitability Comparison

The chart below illustrates the profitability comparison between Metallus, Inc and Friedman Industries, Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MTUS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Metallus, Inc reported a gross profit of 6.00M and revenue of 267.30M. Therefore, the gross margin over that period was 2.2%.

FRD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Friedman Industries, Incorporated reported a gross profit of 0.00 and revenue of 167.97M. Therefore, the gross margin over that period was 0.0%.

MTUS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Metallus, Inc reported an operating income of -18.60M and revenue of 267.30M, resulting in an operating margin of -7.0%.

FRD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Friedman Industries, Incorporated reported an operating income of 3.90M and revenue of 167.97M, resulting in an operating margin of 2.3%.

MTUS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Metallus, Inc reported a net income of -14.30M and revenue of 267.30M, resulting in a net margin of -5.4%.

FRD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Friedman Industries, Incorporated reported a net income of 4.00M and revenue of 167.97M, resulting in a net margin of 2.4%.