Key Insights

• Metallus will host its Annual General Meeting on 7th of May

• CEO Mike Williams' total compensation includes salary of US$827.7k

• Total compensation is 165% above industry average

• Metallus' EPS grew by 14% over the past three years while total shareholder return over the past three years was 56%

Under the guidance of CEO Mike Williams, Metallus Inc. (NYSE:MTUS) has performed reasonably well recently. As shareholders go into the upcoming AGM on 7th of May, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

See our latest analysis for Metallus

Comparing Metallus Inc.'s CEO Compensation With The Industry

At the time of writing, our data shows that Metallus Inc. has a market capitalization of US$902m, and reported total annual CEO compensation of US$7.0m for the year to December 2023. Notably, that's an increase of 51% over the year before. We think total compensation is more important but our data shows that the CEO salary is lower, at US$828k.

For comparison, other companies in the American Metals and Mining industry with market capitalizations ranging between US$400m and US$1.6b had a median total CEO compensation of US$2.6m. Hence, we can conclude that Mike Williams is remunerated higher than the industry median. What's more, Mike Williams holds US$10m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

On an industry level, around 27% of total compensation represents salary and 73% is other remuneration. Metallus sets aside a smaller share of compensation for salary, in comparison to the overall industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at Metallus Inc.'s Growth Numbers

Metallus Inc.'s earnings per share (EPS) grew 14% per year over the last three years. Its revenue is up 2.4% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.

Has Metallus Inc. Been A Good Investment?

Boasting a total shareholder return of 56% over three years, Metallus Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. That's why we did some digging and identified 1 warning sign for Metallus that investors should think about before committing capital to this stock.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.