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Side-by-side financial comparison of Metallus Inc. (MTUS) and OSI SYSTEMS INC (OSIS). Click either name above to swap in a different company.

OSI SYSTEMS INC is the larger business by last-quarter revenue ($464.1M vs $267.3M, roughly 1.7× Metallus Inc.). OSI SYSTEMS INC runs the higher net margin — 8.3% vs -5.3%, a 13.7% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (11.1% vs 10.5%). OSI SYSTEMS INC produced more free cash flow last quarter ($55.5M vs $-37.2M). Over the past eight quarters, OSI SYSTEMS INC's revenue compounded faster (7.0% CAGR vs -8.8%).

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.

MTUS vs OSIS — Head-to-Head

Bigger by revenue
OSIS
OSIS
1.7× larger
OSIS
$464.1M
$267.3M
MTUS
Growing faster (revenue YoY)
MTUS
MTUS
+0.6% gap
MTUS
11.1%
10.5%
OSIS
Higher net margin
OSIS
OSIS
13.7% more per $
OSIS
8.3%
-5.3%
MTUS
More free cash flow
OSIS
OSIS
$92.7M more FCF
OSIS
$55.5M
$-37.2M
MTUS
Faster 2-yr revenue CAGR
OSIS
OSIS
Annualised
OSIS
7.0%
-8.8%
MTUS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MTUS
MTUS
OSIS
OSIS
Revenue
$267.3M
$464.1M
Net Profit
$-14.3M
$38.7M
Gross Margin
2.2%
32.7%
Operating Margin
-7.7%
12.7%
Net Margin
-5.3%
8.3%
Revenue YoY
11.1%
10.5%
Net Profit YoY
33.2%
2.3%
EPS (diluted)
$-0.34
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MTUS
MTUS
OSIS
OSIS
Q4 25
$267.3M
$464.1M
Q3 25
$305.9M
$384.6M
Q2 25
$304.6M
$505.0M
Q1 25
$280.5M
$444.4M
Q4 24
$240.5M
$419.8M
Q3 24
$227.2M
$344.0M
Q2 24
$294.7M
$480.9M
Q1 24
$321.6M
$405.4M
Net Profit
MTUS
MTUS
OSIS
OSIS
Q4 25
$-14.3M
$38.7M
Q3 25
$8.1M
$20.6M
Q2 25
$3.7M
$52.7M
Q1 25
$1.3M
$41.1M
Q4 24
$-21.4M
$37.8M
Q3 24
$-5.9M
$17.9M
Q2 24
$4.6M
$44.7M
Q1 24
$24.0M
$34.0M
Gross Margin
MTUS
MTUS
OSIS
OSIS
Q4 25
2.2%
32.7%
Q3 25
11.4%
32.0%
Q2 25
10.6%
33.3%
Q1 25
7.8%
33.8%
Q4 24
4.5%
35.1%
Q3 24
5.3%
35.3%
Q2 24
8.2%
32.1%
Q1 24
15.7%
33.6%
Operating Margin
MTUS
MTUS
OSIS
OSIS
Q4 25
-7.7%
12.7%
Q3 25
3.6%
8.6%
Q2 25
2.8%
14.5%
Q1 25
1.0%
12.7%
Q4 24
-10.1%
13.8%
Q3 24
-3.1%
8.8%
Q2 24
2.1%
13.1%
Q1 24
9.3%
12.7%
Net Margin
MTUS
MTUS
OSIS
OSIS
Q4 25
-5.3%
8.3%
Q3 25
2.6%
5.3%
Q2 25
1.2%
10.4%
Q1 25
0.5%
9.3%
Q4 24
-8.9%
9.0%
Q3 24
-2.6%
5.2%
Q2 24
1.6%
9.3%
Q1 24
7.5%
8.4%
EPS (diluted)
MTUS
MTUS
OSIS
OSIS
Q4 25
$-0.34
$2.22
Q3 25
$0.19
$1.18
Q2 25
$0.09
$3.04
Q1 25
$0.03
$2.40
Q4 24
$-0.46
$2.22
Q3 24
$-0.13
$1.05
Q2 24
$0.10
$2.57
Q1 24
$0.52
$1.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTUS
MTUS
OSIS
OSIS
Cash + ST InvestmentsLiquidity on hand
$156.7M
$336.7M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$686.0M
$845.5M
Total Assets
$1.1B
$2.5B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTUS
MTUS
OSIS
OSIS
Q4 25
$156.7M
$336.7M
Q3 25
$191.5M
$124.4M
Q2 25
$190.8M
$106.4M
Q1 25
$180.3M
$95.8M
Q4 24
$240.7M
$101.6M
Q3 24
$254.6M
$85.1M
Q2 24
$272.8M
$95.4M
Q1 24
$278.1M
$101.4M
Total Debt
MTUS
MTUS
OSIS
OSIS
Q4 25
$1.0B
Q3 25
$0
$442.2M
Q2 25
$0
$471.6M
Q1 25
$5.4M
$473.2M
Q4 24
$5.4M
$474.8M
Q3 24
$13.2M
$476.3M
Q2 24
$13.2M
$137.6M
Q1 24
$13.2M
Stockholders' Equity
MTUS
MTUS
OSIS
OSIS
Q4 25
$686.0M
$845.5M
Q3 25
$697.7M
$946.0M
Q2 25
$690.0M
$951.1M
Q1 25
$686.1M
$879.3M
Q4 24
$690.5M
$825.8M
Q3 24
$712.7M
$786.5M
Q2 24
$736.3M
$863.5M
Q1 24
$739.3M
$813.4M
Total Assets
MTUS
MTUS
OSIS
OSIS
Q4 25
$1.1B
$2.5B
Q3 25
$1.2B
$2.3B
Q2 25
$1.1B
$2.2B
Q1 25
$1.1B
$2.1B
Q4 24
$1.1B
$2.1B
Q3 24
$1.1B
$2.1B
Q2 24
$1.1B
$1.9B
Q1 24
$1.2B
$1.8B
Debt / Equity
MTUS
MTUS
OSIS
OSIS
Q4 25
1.19×
Q3 25
0.00×
0.47×
Q2 25
0.00×
0.50×
Q1 25
0.01×
0.54×
Q4 24
0.01×
0.57×
Q3 24
0.02×
0.61×
Q2 24
0.02×
0.16×
Q1 24
0.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTUS
MTUS
OSIS
OSIS
Operating Cash FlowLast quarter
$-1.9M
$62.2M
Free Cash FlowOCF − Capex
$-37.2M
$55.5M
FCF MarginFCF / Revenue
-13.9%
12.0%
Capex IntensityCapex / Revenue
13.2%
1.4%
Cash ConversionOCF / Net Profit
1.61×
TTM Free Cash FlowTrailing 4 quarters
$-93.0M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTUS
MTUS
OSIS
OSIS
Q4 25
$-1.9M
$62.2M
Q3 25
$22.0M
$17.1M
Q2 25
$34.8M
$562.0K
Q1 25
$-38.9M
$81.6M
Q4 24
$13.9M
$52.5M
Q3 24
$-15.3M
$-37.2M
Q2 24
$8.3M
$-29.0M
Q1 24
$33.4M
$-52.1M
Free Cash Flow
MTUS
MTUS
OSIS
OSIS
Q4 25
$-37.2M
$55.5M
Q3 25
$-6.4M
$10.1M
Q2 25
$17.0M
$-5.6M
Q1 25
$-66.4M
$77.1M
Q4 24
$-1.3M
$47.1M
Q3 24
$-32.9M
$-44.9M
Q2 24
$-5.8M
$-37.5M
Q1 24
$16.0M
$-57.0M
FCF Margin
MTUS
MTUS
OSIS
OSIS
Q4 25
-13.9%
12.0%
Q3 25
-2.1%
2.6%
Q2 25
5.6%
-1.1%
Q1 25
-23.7%
17.4%
Q4 24
-0.5%
11.2%
Q3 24
-14.5%
-13.0%
Q2 24
-2.0%
-7.8%
Q1 24
5.0%
-14.1%
Capex Intensity
MTUS
MTUS
OSIS
OSIS
Q4 25
13.2%
1.4%
Q3 25
9.3%
1.8%
Q2 25
5.8%
1.2%
Q1 25
9.8%
1.0%
Q4 24
6.3%
1.3%
Q3 24
7.7%
2.2%
Q2 24
4.8%
1.8%
Q1 24
5.4%
1.2%
Cash Conversion
MTUS
MTUS
OSIS
OSIS
Q4 25
1.61×
Q3 25
2.72×
0.83×
Q2 25
9.41×
0.01×
Q1 25
-29.92×
1.98×
Q4 24
1.39×
Q3 24
-2.07×
Q2 24
1.80×
-0.65×
Q1 24
1.39×
-1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MTUS
MTUS

Industrial Market Sector$95.3M36%
Manufactured Components$67.8M25%
Aerospace And Defense$39.6M15%
Seamless Mechanical Tubing$31.3M12%
Energy Market Sector$18.3M7%
Other$11.3M4%
Other Market Sector$3.7M1%

OSIS
OSIS

Security Division$334.7M72%
Optoelectronics And Manufacturing Division$92.8M20%
Healthcare Division$36.5M8%

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