Private company

UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

UNIVERSAL STAINLESS & ALLOY PRODUCTS INC is an American steel works based in Bridgeville, incorporated in Delaware.2

Last updated Oct 20, 2026.

Overview

  • IndustrySteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)2
  • HeadquartersBridgeville, United States2
  • Incorporated inDE3
  • Business address600 Mayer St, Bridgeville, Pa 150173
  • Filer categoryAccelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI5493001OEIZDUGXZDE092
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 24141932

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Universal Stainless & Alloy Products, Inc., which was incorporated in 1994, and its wholly owned subsidiaries, manufacture and market semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other premium alloyed steels. Our manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. Our products are sold to service centers, forgers, rerollers and original equipment manufacturers (“OEMs”). Our customers further process our products for use in a variety of industries, including the aerospace, power generation, oil and gas, heavy equipment and general industrial markets. We also perform conversion services on materials supplied by customers.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

14.5%Gross margin6
4.8%Operating margin6
1.7%Net margin6
41.5%Revenue growth, 20236
2.2%Return on equity6
0.35×Debt to equity6
$12.2MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue85¢$244.4M
  • Selling, general and admin10¢$27.8M
  • Interest3¢$8.4M
  • Income tax0¢$398.0K
  • Profit2¢$4.9M

Out of $285.9M in revenue.6

Where each dollar of operating cash went, fiscal 2023

  • Capital spending52¢$13.0M
  • Kept or used elsewhere48¢$12.2M

Out of $25.2M of cash from operations.6

Financial statements

Revenue789106$285.9M in 2023+41% since 2017
0$100.0M$200.0M$300.0M2017: $202.6M$202.6M20172018: $255.9M$255.9M2018+26%2019: $243.0M$243.0M2019−5%2020: $179.7M$179.7M2020−26%2021: $155.9M$155.9M2021−13%2022: $202.1M$202.1M2022+30%2023: $285.9M$285.9M2023+41%
Gross profit789106$41.5M in 2023+80% since 2017
-$20.0M0$20.0M$40.0M$60.0M2017: $23.0M$23.0M20172018: $37.8M$37.8M2018+64%2019: $27.6M$27.6M2019−27%2020: -$2.7M-$2.7M20202021: $8.0M$8.0M20212022: $14.2M$14.2M2022+78%2023: $41.5M$41.5M2023+193%
Operating income789106$13.8M in 2023+225% since 2017
-$30.0M-$20.0M-$10.0M0$10.0M$20.0M2017: $4.2M$4.2M20172018: $16.1M$16.1M2018+279%2019: $7.3M$7.3M2019−55%2020: -$22.4M-$22.4M20202021: -$12.3M-$12.3M2021−45%2022: -$7.0M-$7.0M2022−43%2023: $13.8M$13.8M2023
Net income789106$4.9M in 2023−35% since 2017
-$20.0M-$10.0M0$10.0M$20.0M2017: $7.6M$7.6M20172018: $10.7M$10.7M2018+40%2019: $4.3M$4.3M2019−60%2020: -$19.0M-$19.0M20202021: -$758.0K-$758.0K2021−96%2022: -$8.1M-$8.1M2022+965%2023: $4.9M$4.9M2023
Fiscal year2017201820192020202120222023
Revenue$202.6M7$255.9M8$243.0M9$179.7M10$155.9M6$202.1M6$285.9M6
Cost of revenue$179.6M7$218.1M8$215.4M9$182.4M10$148.0M6$187.9M6$244.4M6
Gross profit$23.0M7$37.8M8$27.6M9-$2.7M10$8.0M6$14.2M6$41.5M6
Selling, general and admin$18.8M7$21.7M8$20.3M9$19.8M10$20.2M6$21.2M6$27.8M6
Operating income$4.2M7$16.1M8$7.3M9-$22.4M10-$12.3M6-$7.0M6$13.8M6
Interest$4.3M7$4.3M8$4.0M9$3.0M10$2.2M6$4.4M6$8.4M6
Income before tax-$4.0M6-$10.7M6$5.3M6
Income tax-$7.6M7$1.9M8-$502.0K9-$5.2M10-$3.3M6-$2.6M6$398.0K6
Net income$7.6M7$10.7M8$4.3M9-$19.0M10-$758.0K6-$8.1M6$4.9M6
Earnings per share$1.057$1.318$0.499-$2.1610-$0.096-$0.906$0.546
Earnings per share (diluted)$1.037$1.288$0.489-$2.1610-$0.096-$0.906$0.536
Shares (weighted, basic)8.9M shares69.0M shares69.1M shares6
Shares (weighted, diluted)8.9M shares69.0M shares69.3M shares6

Compare UNIVERSAL STAINLESS & ALLOY PRODUCTS INC with another company

Corporate structure

UNIVERSAL STAINLESS & ALLOY PRODUCTS INC sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

  • AEGIS FINANCIAL CORP Filed SCHEDULE 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest May 2, 2025 (4 filings since Feb 10, 2023)
  • NEXT CENTURY GROWTH INVESTORS LLC Filed SCHEDULE 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Feb 13, 2025 (2 filings since Nov 14, 2024)
  • Minerva Advisors LLC Filed SCHEDULE 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Feb 5, 2025 (4 filings since Feb 14, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Jan 31, 2025 (3 filings since Nov 4, 2024)
  • Magnetar Financial LLC Filed SCHEDULE 13D/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Jan 27, 2025 (2 filings since Nov 12, 2024)
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Jan 23, 2025 (5 filings since Feb 8, 2022)
  • BlackRock Filed SC 13G on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Nov 8, 2024 (2 filings since Oct 22, 2024)
  • ROYCE & ASSOCIATES LP Filed SC 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Jan 30, 2024 (3 filings since Jan 25, 2022)
  • 22NW Fund, LP Filed SC 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Feb 13, 2023
  • 22NW, LP Filed SC 13G/A on UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, latest Feb 14, 2022
  • UNIVERSAL STAINLESS & ALLOY PRODUCTS INC Bridgeville, Pennsylvania, United States
    • Dunkirk Specialty Steel, LLC Subsidiary · Delaware, United States
    • North Jackson Specialty Steel, LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What UNIVERSAL STAINLESS & ALLOY PRODUCTS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$402.6M6 Dec 31, 2023$389.2M6 Dec 31, 2022+3.4%
Accumulated depreciation$243.0M6 Dec 31, 2023$225.7M6 Dec 31, 2022+7.7%
Property and equipment, net$159.6M6 Dec 31, 2023$163.5M6 Dec 31, 2022−2.4%
Finance-lease assets$500.0K6 Dec 31, 2023$200.0K6 Dec 31, 2022+150.0%
Operating-lease assets (leased space)$500.0K10 Dec 31, 2022$700.0K10 Dec 31, 2021−28.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$394.0K6 Dec 31, 2023$2.0M6 Dec 31, 2022−80.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$144.7M6 Dec 31, 2023$154.2M6 Dec 31, 2022−6.2%

Leadership

Who has led UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Clarence M. McAninch2007
  2. Dennis M. Oates2008–2023
  3. Christopher M. Zimmer2024–2025

Chair

  1. Clarence M. McAninch2007
  2. Dennis M. Oates2012–2020

President

  1. Clarence M. McAninch2006–2007
  2. Kenneth W. Matz2007
  3. Dennis M. Oates2008–2023
  4. Christopher M. Zimmer2024–2025

Chief financial officer

  1. Richard M. Ubinger2006–2009
  2. Douglas M. McSorley2010–2012
  3. Michael D. Bornak2013–2014
  4. Ross C. Wilkin2015–2017
  5. Christopher Thomas Scanlon2018–2020
  6. Steven Ditommaso2022–2025
2010201520202025
Board members and other officers (22)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Dunkirk Specialty Steel, LLC Delaware4
  • North Jackson Specialty Steel, LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Jan 23, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer51
  2. Jan 15, 20258-K Shareholder vote; Other events52
  3. Oct 30, 20248-K Results of operations53
  4. Oct 17, 20248-K Entered a material agreement; Other events54
  5. Jul 31, 20248-K New debt or obligation55
  6. Jul 25, 20248-K Other events56
  7. Jul 3, 20248-K Other events57
  8. May 14, 20248-K Shareholder vote58
  9. May 1, 20248-K Results of operations59
  10. Mar 28, 20248-K Results of operations60
  11. Feb 6, 20248-K Executive or director change61
  12. Jan 24, 20248-K Results of operations62
  13. Jan 8, 2024New chief executive Christopher M. Zimmer becomes CEO16
  14. Jan 3, 2008New chief executive Dennis M. Oates becomes CEO17
  15. Jan 17, 2007New chief executive Clarence M. McAninch becomes CEO18
  16. Jun 27, 1994Founded UNIVERSAL STAINLESS & ALLOY PRODUCTS INC is founded2

Calendar

When it reported results

  1. Oct 30, 2024Reported quarterly or annual results53
  2. May 1, 2024Reported quarterly or annual results59
  3. Mar 28, 2024Reported quarterly or annual results60
  4. Jan 24, 2024Reported quarterly or annual results62
  5. Oct 25, 2023Reported quarterly or annual results63
  6. Jul 26, 2023Reported quarterly or annual results64
  7. Apr 26, 2023Reported quarterly or annual results65
  8. Jan 25, 2023Reported quarterly or annual results66

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

195 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 34 major events, 86 insider forms, 27 large holders, 35 other. The latest 20:

  1. May 2, 2025SCHEDULE 13G/A EDGAR
  2. Feb 13, 2025SCHEDULE 13G/A EDGAR
  3. Feb 5, 2025SCHEDULE 13G/A EDGAR
  4. Feb 3, 202515-12G EDGAR
  5. Jan 31, 2025SCHEDULE 13G/A EDGAR
  6. Jan 27, 2025SCHEDULE 13D/A EDGAR
  7. Jan 23, 202525-NSE EDGAR
  8. Jan 23, 2025S-8 POS EDGAR
  9. Jan 23, 2025S-8 POS EDGAR
  10. Jan 23, 2025S-8 POS EDGAR
  11. Jan 23, 2025S-8 POS EDGAR
  12. Jan 23, 2025S-8 POS EDGAR
  13. Jan 23, 2025S-8 POS EDGAR
  14. Jan 23, 2025S-8 POS EDGAR
  15. Jan 23, 2025S-8 POS EDGAR
  16. Jan 23, 2025S-8 POS EDGAR
  17. Jan 23, 2025S-8 POS EDGAR
  18. Jan 23, 2025S-8 POS EDGAR
  19. Jan 23, 2025S-8 POS EDGAR
  20. Jan 23, 2025S-8 POS EDGAR

The 195 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 8 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 6, 2024McIntosh GrahamExecutive VP & Chief TechnologSale5,000$44.27$221.3KForm 4
Nov 5, 2024Crosby WendelV.P. of ManufacturingSale24,047$44.23$1.1MForm 4
May 3, 2023Bacchus Judith LDirectorBuy536$8.39$4.5KForm 4
May 3, 2023TOLEDANO UDIDirectorBuy500$8.39$4.2KForm 4
May 3, 2023Kornblatt M. DavidDirectorBuy500$8.39$4.2KForm 4
May 3, 2023AYERS CHRISTOPHER LDirectorBuy500$8.39$4.2KForm 4
Feb 15, 2023DiTommaso StevenV.P. and CFOBuy4,095$7.33$30.0KForm 4
Feb 15, 2023DiTommaso StevenV.P. and CFOBuy4,095$7.33$30.0KForm 4
Feb 15, 2023OATES DENNIS MDirectorBuy6,825$7.33$50.0KForm 4
Feb 22, 2022OATES DENNIS MDirectorBuy8,194$9.15$75.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How UNIVERSAL STAINLESS & ALLOY PRODUCTS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARUNIVERSAL STAINLESS & ALLOY PRODUCTS INC1
  • CIK0000931584
  • Employer ID (EIN)25-17245401
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3312 Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address600 Mayer St, Bridgeville, PA 150171
  • Phone41225776001
  • Shares outstanding9,310,069 as of Oct 21, 202412
  • Public float$121.0M as of Jun 30, 20236
  • On EDGAR sinceMay 15, 19961
  • Filings1,493 in all: 4 (720), 8-K (213), SC 13G/A (153), 10-Q (87), SC 13G (56), 4/A (29), 10-K (28), DEF 14A (28)1
    All 41 form types

    11-K (23), SC 13D/A (22), 3 (21), S-8 POS (19), S-8 (13), UPLOAD (13), CORRESP (12), SD (11), ARS (5), DEFA14A (5), SC 13D (5), SCHEDULE 13G/A (5), 15-12G (2), 424B5 (2), PRE 14A (2), S-3/A (2), 10-K/A (1), 10-Q/A (1), 11-K/A (1), 144 (1), 25-NSE (1), 425 (1), 8-A12B (1), DEFM14A (1), DEFR14A (1), DEL AM (1), DFAN14A (1), EFFECT (1), NT 10-K (1), PREM14A (1), S-3 (1), S-3MEF (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 29, 2024
    Quarterly report (10-Q) Oct 30, 2024
    Proxy statement (DEF 14A) Apr 10, 2024
    Latest 8-K (8-K) Jan 23, 2025

Sources

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