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MTUS (Metallus) Gross Property, Plant and Equipment : $1,927 Mil (As of Dec. 2024)


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What is Metallus Gross Property, Plant and Equipment?

Metallus's quarterly gross PPE increased from Jun. 2024 ($501 Mil) to Sep. 2024 ($508 Mil) and increased from Sep. 2024 ($508 Mil) to Dec. 2024 ($1,927 Mil).

Metallus's annual gross PPE increased from Dec. 2022 ($1,861 Mil) to Dec. 2023 ($1,879 Mil) and increased from Dec. 2023 ($1,879 Mil) to Dec. 2024 ($1,927 Mil).


Metallus Gross Property, Plant and Equipment Historical Data

The historical data trend for Metallus's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metallus Gross Property, Plant and Equipment Chart

Metallus Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,866.50 1,842.20 1,860.60 1,878.70 1,926.50

Metallus Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,878.70 502.50 501.30 507.90 1,926.50

Metallus Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Metallus  (NYSE:MTUS) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Metallus Gross Property, Plant and Equipment Related Terms

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Metallus Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metallus Inc (NYSE:MTUS) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
1835 Dueber Avenue South West, Canton, OH, USA, 44706
Metallus Inc is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. The portfolio of the company includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture and power generation. Geographically, the company mainly serves customers in the United States.
Executives
Kevin A Raketich officer: EVP, Sales, Mktg. & Bus. Dev. 1835 DUEBER AVE. SW, CANTON OH 44706
Kristopher R Westbrooks officer: EVP, Chief Financial Officer 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Kristine C Syrvalin officer: EVP General Counsel 1835 DUEBER AVE. SW, CANTON OH 44706
Michael S Williams director, officer: President & CEO 1835 DUEBER AVE. SW, CANTON OH 44706
Nicholas A Yacobozzi officer: Corporate Controller 1835 DUEBER AVE SW, GNE-15, CANTON OH 44706
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Mary Ellen Baker director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Nicholas J. Chirekos director C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Ken V Garcia director 1835 DUEBER AVE. SW, CANTON OH 44706
Ellis Allen Jones director 1835 DUEBER AVE. SW, CANTON OH 44706
William P Bryan officer: EVP, Mfg and Supply Chain 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Thomas D Moline officer: EVP, Commercial Operations 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Leila L Vespoli director C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Marvin Riley director 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Timken Ward J Jr director, officer: President, CEO, Chairman 200 MARKET AVE N STE 210, CANTON OH 44702