OverviewSuggest Edit

Universal Stainless is a company manufacturing semi-finished and finished specialty steel long products, including nickel alloy, stainless steel, tool steel, and aircraft quality low alloy steels. Its products are sold to service centers, forgers, rerollers and original equipment manufacturers and further processed for use in the aerospace, power generation, oil and gas and heavy equipment manufacturing industries. 

TypePublic
Founded1994
HQBridgeville, US
Websiteunivstainless.com
Employee Ratings2.2

Latest Updates

Employees (est.) (Dec 2018)781(+12%)
Job Openings14
Revenue (FY, 2018)$255.9 M(+27%)
Share Price (Jan 2020)$14

Key People/Management at Universal Stainless

Dennis Oates

Dennis Oates

Chairman, President, CEO
Graham McIntosh

Graham McIntosh

CTO, EVP
Christopher Zimmer

Christopher Zimmer

Chief Commercial Officer, EVP
Paul McGrath

Paul McGrath

Vice President of Administration, General Counsel and Secretary
Christopher Scanlon

Christopher Scanlon

CFO, Treasurer, VP of Finance
Alyssa Snider

Alyssa Snider

Chief Human Resource Officer, VP of HR
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Universal Stainless Office Locations

Universal Stainless has offices in Bridgeville, Dunkirk, North Jackson and Titusville
Bridgeville, US (HQ)
600 Mayer St
Dunkirk, US
830 Brigham Rd
North Jackson, US
2058 S Bailey Rd
Titusville, US
121 Caldwell St
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Universal Stainless Financials and Metrics

Universal Stainless Revenue

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Universal Stainless's revenue was reported to be $255.93 m in FY, 2018 which is a 26.3% increase from the previous period.
USD

Revenue (Q3, 2019)

56.6m

Gross profit (Q3, 2019)

5.3m

Gross profit margin (Q3, 2019), %

9.4%

Net income (Q3, 2019)

767.0k

EBIT (Q3, 2019)

783.0k

Market capitalization (21-Jan-2020)

123.0m

Closing stock price (21-Jan-2020)

14.0

Cash (30-Sept-2019)

1.2m

EV

187.9m
Universal Stainless's current market capitalization is $123 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

154.4m202.6m255.9m

Revenue growth, %

(15%)31%26%

Cost of goods sold

140.9m179.6m218.1m

Gross profit

13.5m23.0m37.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

48.9m52.6m50.9m63.7m66.1m69.1m60.3m71.0m56.6m

Cost of goods sold

44.6m45.4m45.4m54.5m54.4m58.6m52.9m61.9m51.3m

Gross profit

4.2m7.2m5.5m9.3m11.7m10.4m7.4m9.1m5.3m

Gross profit Margin, %

9%14%11%15%18%15%12%13%9%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

75.0k207.0k3.7m

Accounts Receivable

19.4m25.0m32.6m

Inventories

91.3m116.7m134.7m

Current Assets

113.6m146.3m174.8m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(5.3m)7.6m10.7m

Depreciation and Amortization

18.5m18.8m18.9m

Inventories

(9.2m)(27.4m)(20.4m)

Accounts Payable

7.1m14.2m5.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(1.2m)9.0k(250.0k)2.1m6.2m10.1m1.2m3.3m4.1m

Depreciation and Amortization

4.7m9.4m14.0m4.8m9.6m14.5m4.6m9.4m14.2m

Inventories

(4.5m)(9.8m)(16.7m)(3.8m)(10.1m)(7.9m)(13.0m)(6.5m)(7.6m)

Accounts Payable

9.4m8.7m10.7m(7.7m)643.0k(4.0m)(1.3m)(8.1m)(9.7m)
USDY, 2019

EV/EBIT

240 x

EV/CFO

-20.7 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x

P/E Ratio

155.2
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Universal Stainless Operating Metrics

Universal Stainless's Backlog was reported to be $118.3m in Q3, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Backlog

$43.80 m$57.10 m$63.50 m$66.20 m$77.70 m$90.60 m$104.20 m$111.40 m$126.20 m$130.10 m$116.90 m$118.30 m

Facilities

4 4 4

Land Owned, acres

275 275 275

Floor Space, square feet

1.96 m1.96 m1.96 m
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Universal Stainless Acquisitions / Subsidiaries

Company NameDateDeal Size
Dunkirk Specialty Steel LLC
North Jackson Specialty Steel LLC

Universal Stainless Revenue Breakdown

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Universal Stainless revenue breakdown by business segment: 15.7% from Tool Steel, 8.4% from High-Strength Low Alloy Steel, 69.1% from Stainless Steel and 6.7% from Other

Universal Stainless Online and Social Media Presence

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Universal Stainless News and Updates

Universal Stainless Reports Fourth Quarter 2019 Results

BRIDGEVILLE, Pa., Jan. 22, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the fourth quarter of 2019 were $55.2 million, compared with $56.6 million in the third quarter of 2019, and $57.1 million in the fourth quarter of 20…

Universal Stainless Reports Third Quarter 2019 Results

BRIDGEVILLE, Pa., Oct. 23, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the third quarter of 2019 were $56.6 million, compared with $69.1 million in the third quarter of 2018, and $71.0 million in the second quarter of 201…

Universal Stainless to Webcast Third Quarter 2019 Conference Call on October 23rd

BRIDGEVILLE, Pa., Oct. 18, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the third quarter of 2019 on Wednesday, October 23, 2019.  In conjunction with the earnings release, the Company will host a c…

Universal Stainless to Webcast Second Quarter 2019 Conference Call on July 24th

BRIDGEVILLE, Pa., July 12, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2019 on Wednesday, July 24, 2019.  In conjunction with the earnings release, the Company will host a con…

Universal Stainless Reports First Quarter 2019 Results

BRIDGEVILLE, Pa., April 24, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2019 were $60.3 million, an increase of 5.6% from $57.1 million in the fourth quarter of 2018, although 5.4% below 2018 first qu…

Universal Stainless Reports Fourth Quarter 2018 Results

BRIDGEVILLE, Pa., Jan. 23, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the fourth quarter of 2018 were $57.1 million, an increase of 13.5% from $50.3 million in the fourth quarter of 2017, although below 2018 third quarte…
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Universal Stainless Blogs

Universal Stainless to Webcast Fourth Quarter 2019 Conference Call on January 22nd

Universal Stainless to Webcast Fourth Quarter 2019 Conference Call on January 22nd Content Import Fri, 01/17/2020 - 13:22 Universal Stainless to Webcast Fourth Quarter 2019 Conference Call on January 22nd Jan 17, 2020 This release is a backfill from a News Wire …

Universal Stainless to Present at Jefferies 2019 Global Industrials Conference on August 6ᵗʰ

Presentation to be Webcast and Archived BRIDGEVILLE, Pa. , Aug. 02, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates , Chairman, President and Chief Executive Officer, and Christopher T.

Universal Stainless Reports Second Quarter 2019 Results

Q2 2019 Sales of $71.0 million , up 17.8% from Q1 2019 and 7.5% from Q2 2018, and highest since first quarter of 2012  Q2 2019 Net Income of $2.1 million , or $0.24 per diluted share; Diluted EPS of $0.27 , excluding North Jackson fire related expenses of $0.03 per diluted share EBITDA totals $8.2

Universal Stainless Reports That the North Jackson, Ohio, Forge Is Back in Full Operation

Universal Stainless Reports That the North Jackson, Ohio, Forge Is Back in Full Operation Content Import Thu, 06/27/2019 - 07:01 Universal Stainless Reports That the North Jackson, Ohio, Forge Is Back in Full Operation Jun 27, 2019 This release is a backfill fro…

Universal Stainless Experiences Fire at Its North Jackson Facility

Universal Stainless Experiences Fire at Its North Jackson Facility Content Import Mon, 06/17/2019 - 07:01 Universal Stainless Experiences Fire at Its North Jackson Facility Jun 17, 2019 This release is a backfill from a News Wire General …

Universal Stainless to Webcast First Quarter 2019 Conference Call on April 24th

BRIDGEVILLE, PA. , April 12, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2019 on Wednesday, April 24 , 2019.  In conjunction with the earnings release, the Company will host a
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Universal Stainless Frequently Asked Questions

  • When was Universal Stainless founded?

    Universal Stainless was founded in 1994.

  • Who are Universal Stainless key executives?

    Universal Stainless's key executives are Dennis Oates, Graham McIntosh and Christopher Zimmer.

  • How many employees does Universal Stainless have?

    Universal Stainless has 781 employees.

  • What is Universal Stainless revenue?

    Latest Universal Stainless annual revenue is $255.9 m.

  • What is Universal Stainless revenue per employee?

    Latest Universal Stainless revenue per employee is $327.7 k.

  • Who are Universal Stainless competitors?

    Competitors of Universal Stainless include William Cook, Carpenter Technology and Allegheny Technologies.

  • Where is Universal Stainless headquarters?

    Universal Stainless headquarters is located at 600 Mayer St, Bridgeville.

  • Where are Universal Stainless offices?

    Universal Stainless has offices in Bridgeville, Dunkirk, North Jackson and Titusville.

  • How many offices does Universal Stainless have?

    Universal Stainless has 4 offices.