Universal Stainless & Alloy Products, Inc.

Universal Stainless & Alloy Products, Inc.

USAP
Universal Stainless & Alloy Products, Inc.US flagNASDAQ Global Select
44.99
USD
- -
- -
423.58MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
37
36.51
26.01
29.23
25.55
21.47
28.04
31.47
27.68
20.38
17.51
22.56
31.47
35.59
Basic EPS, GAAP
2.65
2.13
-0.58
0.58
-2.92
-0.74
1.05
1.31
0.49
-2.16
-0.09
-0.9
0.54
2.9
Free Cash Flow per Basic Share
1.59
3.2
4.16
1.83
2.71
1.17
0.15
2.04
-0.5
2.7
-2.02
-1
2.78
3.62
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
20.29
22.27
21.44
21.77
18.73
17.67
18.76
17.98
17.14
14.91
14.67
13.68
14.04
16.48
Tangible Book Value per Share
23.41
25.81
25.35
26.08
26.16
25.19
26.53
29.14
27.7
25.59
25.41
24.52
24.88
27.53
Basic Weighted Avg Shares
7
7
7
7
7
7
7
8
9
9
9
9
9
9
Sales/Revenue/Turnover
253
251
181
206
181
154
203
256
243
180
156
202
286
327
Operating Margin (%)
11.75
9.32
-2.22
5.3
-5.43
-2.57
2.09
6.28
3
-12.47
-7.87
-3.46
4.81
11.59
Depreciation Expense
9
14
16
17
19
19
19
19
19
19
19
19
19
21
Net Income, GAAP
18
15
-4
4
-21
-5
8
11
4
-19
-1
-8
5
27
Effective Tax Rate (%)
36.36
30.23
- -
43.74
- -
- -
- -
15.36
- -
- -
- -
- -
7.5
17.17
Profit Margin (%)
7.17
5.82
-2.25
1.97
-11.44
-3.46
3.76
4.17
1.76
-10.6
-0.49
-3.99
1.72
8.14
Working Capital
114
129
100
98
85
84
101
116
141
103
139
152
150
164
LT Debt
92
105
87
84
73
68
75
43
60
33
67
95
82
65
Total Equity
180
198
196
204
185
181
192
237
243
226
226
220
226
253
Return on Invested Capital (%)
8.51
5.67
- -
2.13
- -
- -
- -
4.91
- -
- -
- -
- -
4.04
9.9
Return on Capital (%)
10.43
6.66
- -
2.56
- -
- -
- -
7.01
- -
- -
- -
- -
5.84
15.27
Return on Common Equity (%)
14
10.02
-2.69
2.68
-14.48
-4.12
5.8
7.57
2.88
-13.51
-0.58
-6.37
3.93
19.28

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
4
4
4
LT Borrowings
77
74
65
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
205
251
355

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
195
207
212
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
42
45
53
Inventories
142
149
147
Total Current Liabilities
44
48
48
Payables & Accruals
32
37
35
ST Debt
4
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.75%
-0.87%
2.86%
Free Cash Flow
-12.15%
-274.94%
-382.35%
Net Income, GAAP
-98.37%
20.55%
-160.82%
Sales/Revenue/Turnover
7.14%
5.35%
41.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
48
52
46
56
202
2023
66
69
71
80
286
2024
78
83
87
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.18
-0.16
-0.14
-0.41
-0.9
2023
-0.06
0.1
0.21
0.28
0.54
2024
0.45
0.96
1.19
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Christopher M. Zimmer
Full Time Employees
678
Sector
Basic Materials
Industry
Steel
Address
600 Mayer Street Bridgeville PA United States of America 15017
IPO Date
Dec 14, 1994
Business
Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, bearing steel, gear steel, and aircraft quality low alloy steels; its offerings encompass long products such as ingots, billets, bars, rods, and wire, as well as flat-rolled products including slabs and plates, alongside customized shapes produced via cold rolling from coiled strip, flat bar, or extruded bar, and conversion services utilizing melting, remelting, forging, rolling, heat treating, machining, and cold drawing on customer-supplied materials. The company sells these products to service centers, forgers, rerollers, original equipment manufacturers, and wire redrawers serving industries such as aerospace, power generation, oil and gas, heavy equipment, and general industrial markets. Universal Stainless operates facilities in Bridgeville, Pennsylvania; North Jackson, Ohio; Titusville, Pennsylvania; and Dunkirk, New York, with sales extending to the United States and internationally. Established in 1994 and headquartered in Bridgeville, Pennsylvania, the company became a wholly-owned subsidiary of Aperam S.A. following the completion of its acquisition by the global stainless and specialty steel producer on January 23, 2025, in an all-cash transaction valued at approximately $539 million or $45.00 per share, after stockholder approval on January 15, 2025; this strategic combination enhances Aperam's presence in aerospace and industrial alloys markets across the United States and Europe, generating expected annual synergies of $30 million through complementary product portfolios, reduced lead times, and expanded customer services without asset or commercial overlap. Prior to the acquisition, Universal Stainless reported record financial performance, including Q3 2024 net sales of $87.3 million (up 22% year-over-year), net income of $11.1 million, and a backlog of $325 million driven by premium alloy demand, alongside investments such as a 2022 expansion of its North Jackson facility with an additional steel melting furnace.

Company News

APIChat
  • Universal Stainless Announces Completion of its Acquisition by Aperam

  • Universal Stainless Stockholders Approve Acquisition by Aperam

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USAP and PDCO on Behalf of Shareholders

  • USAP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Universal Stainless & Alloy Products, Inc. Is Fair to Shareholders

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and USAP on Behalf of Shareholders

  • 4 Steel Stocks That Have Gained More Than 30% in 2024 Amid Price Slump

  • UNIVERSAL STAINLESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Universal Stainless & Alloy Products, Inc. - USAP

  • USAP Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Universal Stainless & Alloy Products to Aperam

  • Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024

  • SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. - USAP

  • SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. – USAP

  • UNIVERSAL STAINLESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Universal Stainless & Alloy Products, Inc. - USAP

  • ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Universal Stainless & Alloy Products, Inc.

  • Universal Stainless & Alloy Products, Inc. (USAP) M&A Call Transcript

  • SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. - USAP

  • USAP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Universal Stainless & Alloy Products, Inc. Is Fair to Shareholders

  • Shareholder Alert: Ademi LLP Investigates Whether Universal Stainless & Alloy Products, Inc. Is Obtaining a Fair Price for Its Public Shareholders

  • Universal Stainless Signs Definitive Agreement to be Acquired by Aperam for $45.00 Per Share in All-Cash Transaction

  • Universal Stainless: Aerospace Market Growth Remains Strong

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