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Side-by-side financial comparison of Metallus Inc. (MTUS) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($267.3M vs $153.1M, roughly 1.7× CPI Card Group Inc.). CPI Card Group Inc. runs the higher net margin — 4.8% vs -5.3%, a 10.2% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 11.1%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $-37.2M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs -8.8%).
CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.
MTUS vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $267.3M | $153.1M |
| Net Profit | $-14.3M | $7.3M |
| Gross Margin | 2.2% | 31.5% |
| Operating Margin | -7.7% | 12.0% |
| Net Margin | -5.3% | 4.8% |
| Revenue YoY | 11.1% | 22.3% |
| Net Profit YoY | 33.2% | 8.5% |
| EPS (diluted) | $-0.34 | $0.62 |
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.
| Q4 25 | $267.3M | $153.1M | ||
| Q3 25 | $305.9M | $138.0M | ||
| Q2 25 | $304.6M | $129.8M | ||
| Q1 25 | $280.5M | $122.8M | ||
| Q4 24 | $240.5M | $125.1M | ||
| Q3 24 | $227.2M | $124.8M | ||
| Q2 24 | $294.7M | $118.8M | ||
| Q1 24 | $321.6M | $111.9M |
| Q4 25 | $-14.3M | $7.3M | ||
| Q3 25 | $8.1M | $2.3M | ||
| Q2 25 | $3.7M | $518.0K | ||
| Q1 25 | $1.3M | $4.8M | ||
| Q4 24 | $-21.4M | $6.8M | ||
| Q3 24 | $-5.9M | $1.3M | ||
| Q2 24 | $4.6M | $6.0M | ||
| Q1 24 | $24.0M | $5.5M |
| Q4 25 | 2.2% | 31.5% | ||
| Q3 25 | 11.4% | 29.7% | ||
| Q2 25 | 10.6% | 30.9% | ||
| Q1 25 | 7.8% | 33.2% | ||
| Q4 24 | 4.5% | 34.1% | ||
| Q3 24 | 5.3% | 35.8% | ||
| Q2 24 | 8.2% | 35.7% | ||
| Q1 24 | 15.7% | 37.1% |
| Q4 25 | -7.7% | 12.0% | ||
| Q3 25 | 3.6% | 9.4% | ||
| Q2 25 | 2.8% | 7.3% | ||
| Q1 25 | 1.0% | 11.5% | ||
| Q4 24 | -10.1% | 12.7% | ||
| Q3 24 | -3.1% | 14.3% | ||
| Q2 24 | 2.1% | 12.5% | ||
| Q1 24 | 9.3% | 12.6% |
| Q4 25 | -5.3% | 4.8% | ||
| Q3 25 | 2.6% | 1.7% | ||
| Q2 25 | 1.2% | 0.4% | ||
| Q1 25 | 0.5% | 3.9% | ||
| Q4 24 | -8.9% | 5.4% | ||
| Q3 24 | -2.6% | 1.0% | ||
| Q2 24 | 1.6% | 5.1% | ||
| Q1 24 | 7.5% | 4.9% |
| Q4 25 | $-0.34 | $0.62 | ||
| Q3 25 | $0.19 | $0.19 | ||
| Q2 25 | $0.09 | $0.04 | ||
| Q1 25 | $0.03 | $0.40 | ||
| Q4 24 | $-0.46 | $0.56 | ||
| Q3 24 | $-0.13 | $0.11 | ||
| Q2 24 | $0.10 | $0.51 | ||
| Q1 24 | $0.52 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $156.7M | $21.7M |
| Total DebtLower is stronger | — | $286.7M |
| Stockholders' EquityBook value | $686.0M | $-17.3M |
| Total Assets | $1.1B | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.7M | $21.7M | ||
| Q3 25 | $191.5M | $16.0M | ||
| Q2 25 | $190.8M | $17.1M | ||
| Q1 25 | $180.3M | $31.5M | ||
| Q4 24 | $240.7M | $33.5M | ||
| Q3 24 | $254.6M | $14.7M | ||
| Q2 24 | $272.8M | $7.5M | ||
| Q1 24 | $278.1M | $17.1M |
| Q4 25 | — | $286.7M | ||
| Q3 25 | $0 | $308.4M | ||
| Q2 25 | $0 | $310.9M | ||
| Q1 25 | $5.4M | $280.7M | ||
| Q4 24 | $5.4M | $280.4M | ||
| Q3 24 | $13.2M | $280.2M | ||
| Q2 24 | $13.2M | $269.7M | ||
| Q1 24 | $13.2M | $265.3M |
| Q4 25 | $686.0M | $-17.3M | ||
| Q3 25 | $697.7M | $-25.7M | ||
| Q2 25 | $690.0M | $-29.0M | ||
| Q1 25 | $686.1M | $-29.7M | ||
| Q4 24 | $690.5M | $-35.6M | ||
| Q3 24 | $712.7M | $-42.8M | ||
| Q2 24 | $736.3M | $-44.6M | ||
| Q1 24 | $739.3M | $-48.5M |
| Q4 25 | $1.1B | $403.2M | ||
| Q3 25 | $1.2B | $407.1M | ||
| Q2 25 | $1.1B | $399.8M | ||
| Q1 25 | $1.1B | $351.9M | ||
| Q4 24 | $1.1B | $349.7M | ||
| Q3 24 | $1.1B | $342.3M | ||
| Q2 24 | $1.1B | $321.4M | ||
| Q1 24 | $1.2B | $319.8M |
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.02× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.9M | $39.6M |
| Free Cash FlowOCF − Capex | $-37.2M | $35.2M |
| FCF MarginFCF / Revenue | -13.9% | 23.0% |
| Capex IntensityCapex / Revenue | 13.2% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-93.0M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.9M | $39.6M | ||
| Q3 25 | $22.0M | $10.0M | ||
| Q2 25 | $34.8M | $4.3M | ||
| Q1 25 | $-38.9M | $5.6M | ||
| Q4 24 | $13.9M | $26.7M | ||
| Q3 24 | $-15.3M | $12.5M | ||
| Q2 24 | $8.3M | $-4.8M | ||
| Q1 24 | $33.4M | $8.9M |
| Q4 25 | $-37.2M | $35.2M | ||
| Q3 25 | $-6.4M | $5.3M | ||
| Q2 25 | $17.0M | $533.0K | ||
| Q1 25 | $-66.4M | $292.0K | ||
| Q4 24 | $-1.3M | $21.6M | ||
| Q3 24 | $-32.9M | $11.1M | ||
| Q2 24 | $-5.8M | $-6.0M | ||
| Q1 24 | $16.0M | $7.4M |
| Q4 25 | -13.9% | 23.0% | ||
| Q3 25 | -2.1% | 3.8% | ||
| Q2 25 | 5.6% | 0.4% | ||
| Q1 25 | -23.7% | 0.2% | ||
| Q4 24 | -0.5% | 17.3% | ||
| Q3 24 | -14.5% | 8.9% | ||
| Q2 24 | -2.0% | -5.0% | ||
| Q1 24 | 5.0% | 6.6% |
| Q4 25 | 13.2% | 2.9% | ||
| Q3 25 | 9.3% | 3.4% | ||
| Q2 25 | 5.8% | 2.9% | ||
| Q1 25 | 9.8% | 4.3% | ||
| Q4 24 | 6.3% | 4.0% | ||
| Q3 24 | 7.7% | 1.2% | ||
| Q2 24 | 4.8% | 1.0% | ||
| Q1 24 | 5.4% | 1.3% |
| Q4 25 | — | 5.39× | ||
| Q3 25 | 2.72× | 4.32× | ||
| Q2 25 | 9.41× | 8.39× | ||
| Q1 25 | -29.92× | 1.17× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 9.70× | ||
| Q2 24 | 1.80× | -0.79× | ||
| Q1 24 | 1.39× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MTUS
| Industrial Market Sector | $95.3M | 36% |
| Manufactured Components | $67.8M | 25% |
| Aerospace And Defense | $39.6M | 15% |
| Seamless Mechanical Tubing | $31.3M | 12% |
| Energy Market Sector | $18.3M | 7% |
| Other | $11.3M | 4% |
| Other Market Sector | $3.7M | 1% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
