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Side-by-side financial comparison of Metallus Inc. (MTUS) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.

Metallus Inc. is the larger business by last-quarter revenue ($308.3M vs $219.2M, roughly 1.4× Perella Weinberg Partners). Perella Weinberg Partners runs the higher net margin — 6.3% vs 1.8%, a 4.5% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (9.9% vs -2.9%). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 2.3%).

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

MTUS vs PWP — Head-to-Head

Bigger by revenue
MTUS
MTUS
1.4× larger
MTUS
$308.3M
$219.2M
PWP
Growing faster (revenue YoY)
MTUS
MTUS
+12.8% gap
MTUS
9.9%
-2.9%
PWP
Higher net margin
PWP
PWP
4.5% more per $
PWP
6.3%
1.8%
MTUS
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
2.3%
MTUS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTUS
MTUS
PWP
PWP
Revenue
$308.3M
$219.2M
Net Profit
$5.4M
$13.8M
Gross Margin
8.1%
Operating Margin
8.5%
Net Margin
1.8%
6.3%
Revenue YoY
9.9%
-2.9%
Net Profit YoY
315.4%
EPS (diluted)
$0.13
$0.11

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
PWP
PWP
Q1 26
$308.3M
Q4 25
$267.3M
$219.2M
Q3 25
$305.9M
$164.6M
Q2 25
$304.6M
$155.3M
Q1 25
$280.5M
$211.8M
Q4 24
$240.5M
$225.7M
Q3 24
$227.2M
$278.2M
Q2 24
$294.7M
$272.0M
Net Profit
MTUS
MTUS
PWP
PWP
Q1 26
$5.4M
Q4 25
$-14.3M
$13.8M
Q3 25
$8.1M
$6.0M
Q2 25
$3.7M
$2.7M
Q1 25
$1.3M
$17.3M
Q4 24
$-21.4M
Q3 24
$-5.9M
$16.4M
Q2 24
$4.6M
$-66.0M
Gross Margin
MTUS
MTUS
PWP
PWP
Q1 26
8.1%
Q4 25
2.2%
Q3 25
11.4%
Q2 25
10.6%
Q1 25
7.8%
Q4 24
4.5%
Q3 24
5.3%
Q2 24
8.2%
Operating Margin
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
-7.7%
8.5%
Q3 25
3.6%
5.4%
Q2 25
2.8%
5.8%
Q1 25
1.0%
5.5%
Q4 24
-10.1%
Q3 24
-3.1%
12.9%
Q2 24
2.1%
-30.2%
Net Margin
MTUS
MTUS
PWP
PWP
Q1 26
1.8%
Q4 25
-5.3%
6.3%
Q3 25
2.6%
3.6%
Q2 25
1.2%
1.8%
Q1 25
0.5%
8.2%
Q4 24
-8.9%
Q3 24
-2.6%
5.9%
Q2 24
1.6%
-24.3%
EPS (diluted)
MTUS
MTUS
PWP
PWP
Q1 26
$0.13
Q4 25
$-0.34
$0.11
Q3 25
$0.19
$0.08
Q2 25
$0.09
$0.04
Q1 25
$0.03
$0.24
Q4 24
$-0.46
Q3 24
$-0.13
$0.24
Q2 24
$0.10
$-1.21

Balance Sheet & Financial Strength

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

Metric
MTUS
MTUS
PWP
PWP
Cash + ST InvestmentsLiquidity on hand
$104.0M
$255.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$683.0M
$-127.4M
Total Assets
$1.1B
$797.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTUS
MTUS
PWP
PWP
Q1 26
$104.0M
Q4 25
$156.7M
$255.9M
Q3 25
$191.5M
$185.5M
Q2 25
$190.8M
$145.0M
Q1 25
$180.3M
$111.2M
Q4 24
$240.7M
$407.4M
Q3 24
$254.6M
$335.1M
Q2 24
$272.8M
$185.3M
Total Debt
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$5.4M
Q4 24
$5.4M
Q3 24
$13.2M
Q2 24
$13.2M
Stockholders' Equity
MTUS
MTUS
PWP
PWP
Q1 26
$683.0M
Q4 25
$686.0M
$-127.4M
Q3 25
$697.7M
$-302.4M
Q2 25
$690.0M
$-318.4M
Q1 25
$686.1M
$-323.1M
Q4 24
$690.5M
$-421.4M
Q3 24
$712.7M
$-360.8M
Q2 24
$736.3M
$-283.0M
Total Assets
MTUS
MTUS
PWP
PWP
Q1 26
$1.1B
Q4 25
$1.1B
$797.6M
Q3 25
$1.2B
$650.2M
Q2 25
$1.1B
$606.7M
Q1 25
$1.1B
$570.5M
Q4 24
$1.1B
$876.8M
Q3 24
$1.1B
$810.9M
Q2 24
$1.1B
$645.5M
Debt / Equity
MTUS
MTUS
PWP
PWP
Q1 26
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×

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
PWP
PWP
Operating Cash FlowLast quarter
$34.8M
Free Cash FlowOCF − Capex
$30.5M
FCF MarginFCF / Revenue
13.9%
Capex IntensityCapex / Revenue
0.0%
2.0%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$-34.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
$-1.9M
$34.8M
Q3 25
$22.0M
$59.2M
Q2 25
$34.8M
$56.1M
Q1 25
$-38.9M
$-176.5M
Q4 24
$13.9M
$223.4M
Q3 24
$-15.3M
$200.3M
Q2 24
$8.3M
$90.0M
Free Cash Flow
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
$-37.2M
$30.5M
Q3 25
$-6.4M
$57.6M
Q2 25
$17.0M
$55.3M
Q1 25
$-66.4M
$-177.6M
Q4 24
$-1.3M
$207.0M
Q3 24
$-32.9M
$199.3M
Q2 24
$-5.8M
$83.7M
FCF Margin
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
-13.9%
13.9%
Q3 25
-2.1%
35.0%
Q2 25
5.6%
35.6%
Q1 25
-23.7%
-83.8%
Q4 24
-0.5%
91.7%
Q3 24
-14.5%
71.6%
Q2 24
-2.0%
30.8%
Capex Intensity
MTUS
MTUS
PWP
PWP
Q1 26
0.0%
Q4 25
13.2%
2.0%
Q3 25
9.3%
0.9%
Q2 25
5.8%
0.5%
Q1 25
9.8%
0.5%
Q4 24
6.3%
7.3%
Q3 24
7.7%
0.4%
Q2 24
4.8%
2.3%
Cash Conversion
MTUS
MTUS
PWP
PWP
Q1 26
Q4 25
2.52×
Q3 25
2.72×
9.85×
Q2 25
9.41×
20.50×
Q1 25
-29.92×
-10.18×
Q4 24
Q3 24
12.23×
Q2 24
1.80×

Financial Flow Comparison

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

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