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Olympic Steel (ZEUS) Financials

Olympic Steel logo
$30.08 -0.15 (-0.50%)
Closing price 04/15/2025 04:00 PM Eastern
Extended Trading
$30.12 +0.04 (+0.12%)
As of 04/15/2025 05:18 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Olympic Steel

Annual Income Statements for Olympic Steel

This table shows Olympic Steel's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
123 94 43 23
Consolidated Net Income / (Loss)
121 91 45 23
Net Income / (Loss) Continuing Operations
121 91 45 23
Total Pre-Tax Income
165 124 62 31
Total Operating Income
172 134 78 48
Total Gross Profit
352 321 284 255
Total Revenue
2,312 2,560 2,158 1,942
Operating Revenue
2,312 2,560 2,158 1,942
Total Cost of Revenue
1,960 2,239 1,874 1,687
Operating Cost of Revenue
1,960 2,239 1,874 1,687
Total Operating Expenses
179 187 207 207
Selling, General & Admin Expense
159 167 180 177
Depreciation Expense
18 17 22 25
Amortization Expense
2.36 2.45 4.90 5.58
Total Other Income / (Expense), net
-7.67 -10 -16 -17
Interest Expense
7.63 10 16 16
Other Income / (Expense), net
-0.04 -0.05 -0.08 -0.09
Income Tax Expense
44 33 17 8.33
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
-2.22 -3.31 1.27 -0.15
Basic Earnings per Share
$10.53 $7.87 $3.85 $1.97
Weighted Average Basic Shares Outstanding
11.49M 11.55M 11.57M 11.68M
Diluted Earnings per Share
$10.52 $7.87 $3.85 $1.97
Weighted Average Diluted Shares Outstanding
11.50M 11.56M 11.58M 11.68M
Weighted Average Basic & Diluted Shares Outstanding
11.12M 11.13M - 11.14M
Cash Dividends to Common per Share
$0.08 $0.36 $0.50 $0.60

Quarterly Income Statements for Olympic Steel

This table shows Olympic Steel's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
14 4.01 9.57 15 12 6.99 8.66 7.66 2.33 4.49
Consolidated Net Income / (Loss)
12 3.96 9.87 15 12 7.41 8.70 7.66 2.73 3.89
Net Income / (Loss) Continuing Operations
12 3.96 9.87 15 12 7.41 8.70 7.66 2.73 3.89
Total Pre-Tax Income
16 4.86 13 22 17 9.65 12 11 3.90 4.80
Total Operating Income
19 7.67 18 26 21 13 16 15 7.81 9.00
Total Gross Profit
64 50 72 78 67 67 69 69 58 58
Total Revenue
634 520 573 569 526 489 527 526 470 419
Operating Revenue
634 520 573 569 526 489 527 526 470 419
Total Cost of Revenue
570 470 501 491 460 422 457 457 412 361
Operating Cost of Revenue
570 470 501 491 460 422 457 457 412 361
Total Operating Expenses
45 42 54 53 46 54 54 54 50 49
Selling, General & Admin Expense
41 37 48 46 40 46 46 47 43 41
Depreciation Expense
4.06 4.52 5.08 5.25 5.01 6.22 6.01 5.84 5.74 6.96
Amortization Expense
0.60 0.63 1.12 1.23 1.18 1.37 1.33 1.39 1.49 1.37
Total Other Income / (Expense), net
-3.02 -2.81 -4.23 -4.23 -3.98 -3.64 -4.03 -4.41 -3.91 -4.21
Interest Expense
3.01 2.80 4.22 4.20 3.95 3.63 4.01 4.39 3.88 4.18
Other Income / (Expense), net
-0.02 -0.01 -0.01 -0.03 -0.03 -0.01 -0.02 -0.02 -0.03 -0.03
Income Tax Expense
4.02 0.90 3.62 6.52 4.67 2.25 3.21 3.04 1.17 0.91
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
-1.72 -0.06 0.30 0.15 0.40 0.42 0.04 0.00 0.41 -0.60
Basic Earnings per Share
$1.04 $0.34 $0.85 $1.30 $1.06 $0.64 $0.75 $0.66 $0.23 $0.33
Weighted Average Basic Shares Outstanding
11.55M 11.55M 11.57M 11.57M 11.59M 11.57M 11.66M 11.66M 11.70M 11.68M
Diluted Earnings per Share
$1.04 $0.34 $0.85 $1.30 $1.06 $0.64 $0.75 $0.66 $0.23 $0.33
Weighted Average Diluted Shares Outstanding
11.56M 11.56M 11.57M 11.57M 11.59M 11.58M 11.66M 11.66M 11.70M 11.68M
Weighted Average Basic & Diluted Shares Outstanding
11.13M 11.13M 11.13M 11.13M 11.13M 0.00 11.13M 11.13M 11.13M 11.14M
Cash Dividends to Common per Share
$0.09 $0.09 $0.13 $0.13 $0.13 $0.13 $0.15 $0.15 $0.15 $0.15

Annual Cash Flow Statements for Olympic Steel

This table details how cash moves in and out of Olympic Steel's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Change in Cash & Equivalents
4.28 2.38 1.04 -1.31
Net Cash From Operating Activities
-146 186 175 34
Net Cash From Continuing Operating Activities
-146 186 176 34
Net Income / (Loss) Continuing Operations
121 91 45 23
Consolidated Net Income / (Loss)
121 91 45 23
Depreciation Expense
21 20 27 31
Non-Cash Adjustments To Reconcile Net Income
1.75 0.42 0.43 -5.73
Changes in Operating Assets and Liabilities, net
-290 74 104 -14
Net Cash From Investing Activities
-13 -17 -191 -109
Net Cash From Continuing Investing Activities
-13 -17 -191 -109
Purchase of Property, Plant & Equipment
-11 -20 -21 -29
Acquisitions
-12 0.00 -170 -80
Sale of Property, Plant & Equipment
0.15 3.29 0.25 0.06
Net Cash From Financing Activities
164 -167 17 74
Net Cash From Continuing Financing Activities
164 -167 17 74
Repayment of Debt
-591 -847 -718 -600
Payment of Dividends
-0.89 -4.01 -5.57 -6.68
Issuance of Debt
758 685 743 682
Other Financing Activities, net
-2.15 -0.80 -2.26 -1.14
Cash Interest Paid
6.84 9.64 15 15
Cash Income Taxes Paid
47 33 14 10

Quarterly Cash Flow Statements for Olympic Steel

This table details how cash moves in and out of Olympic Steel's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
1.79 1.96 6.22 -3.24 -6.08 4.13 -2.88 -0.90 1.67 0.80
Net Cash From Operating Activities
51 88 52 27 42 54 -2.61 -2.90 25 15
Net Cash From Continuing Operating Activities
51 88 52 27 42 55 -2.61 -2.90 25 15
Net Income / (Loss) Continuing Operations
12 3.96 9.87 15 12 7.41 8.70 7.66 2.73 3.89
Consolidated Net Income / (Loss)
12 3.96 9.87 15 12 7.41 8.70 7.66 2.73 3.89
Depreciation Expense
4.67 5.61 6.20 6.47 6.19 8.32 7.33 7.28 7.18 9.12
Non-Cash Adjustments To Reconcile Net Income
-0.66 0.74 -1.27 9.22 2.73 -10 -0.26 1.26 -4.28 -2.44
Changes in Operating Assets and Liabilities, net
34 78 38 -4.15 20 50 -19 -19 19 4.59
Net Cash From Investing Activities
-3.94 -5.89 -137 -7.70 -4.45 -42 -4.82 -8.39 -9.05 -87
Net Cash From Continuing Investing Activities
-3.94 -5.89 -137 -7.70 -4.45 -42 -4.82 -8.39 -9.05 -87
Purchase of Property, Plant & Equipment
-3.94 -5.89 -7.42 -7.70 -4.45 -1.76 -4.82 -8.42 -9.07 -7.18
Acquisitions
- - -129 - - -40 0.00 - - -80
Sale of Property, Plant & Equipment
- - 0.12 0.00 0.00 0.12 0.00 0.04 0.02 0.01
Net Cash From Financing Activities
-45 -80 91 -22 -43 -8.10 4.54 10 -14 73
Net Cash From Continuing Financing Activities
-45 -80 91 -22 -43 -8.10 4.54 10 -14 73
Repayment of Debt
-235 -188 -170 -176 -176 -197 -160 -151 -151 -138
Payment of Dividends
-1.00 -1.00 -1.39 -1.39 -1.39 -1.39 -1.67 -1.67 -1.67 -1.67
Issuance of Debt
191 110 263 155 134 190 167 163 139 213
Other Financing Activities, net
-0.21 -0.16 -1.16 -0.39 -0.33 -0.38 -0.39 -0.32 -0.33 -0.10
Cash Interest Paid
2.89 2.74 3.56 4.08 3.84 3.49 3.59 4.10 3.80 3.79
Cash Income Taxes Paid
4.30 10 0.12 3.70 1.78 8.00 -0.07 6.80 0.77 2.54

Annual Balance Sheets for Olympic Steel

This table presents Olympic Steel's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets
1,024 892 985 1,044
Total Current Assets
789 658 603 581
Cash & Equivalents
9.81 12 13 12
Accounts Receivable
285 220 191 166
Inventories, net
485 417 387 391
Prepaid Expenses
9.99 9.20 12 12
Plant, Property, & Equipment, net
147 148 186 204
Plant, Property & Equipment, gross
413 430 483 520
Accumulated Depreciation
266 281 297 316
Total Noncurrent Assets
87 85 196 260
Goodwill
10 10 52 84
Intangible Assets
34 32 93 118
Other Noncurrent Operating Assets
43 43 51 58
Total Liabilities & Shareholders' Equity
1,024 892 985 1,044
Total Liabilities
599 376 429 471
Total Current Liabilities
224 165 180 133
Accounts Payable
149 101 120 81
Accrued Expenses
25 17 23 22
Current Employee Benefit Liabilities
44 40 30 24
Other Current Liabilities
5.94 6.10 7.81 5.87
Total Noncurrent Liabilities
375 211 249 338
Long-Term Debt
328 166 190 272
Noncurrent Deferred & Payable Income Tax Liabilities
9.89 10 12 11
Other Noncurrent Operating Liabilities
37 35 47 54
Commitments & Contingencies
0.00 - 0.00 0.00
Total Equity & Noncontrolling Interests
424 516 555 574
Total Preferred & Common Equity
424 516 555 574
Preferred Stock
0.00 0.00 0.00 0.00
Total Common Equity
424 516 555 574
Common Stock
133 135 137 139
Retained Earnings
293 380 419 435
Accumulated Other Comprehensive Income / (Loss)
-2.00 1.31 0.04 0.19

Quarterly Balance Sheets for Olympic Steel

This table presents Olympic Steel's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
1,037 1,027 1,014 993 1,012 1,006 1,012
Total Current Assets
805 669 661 642 632 623 622
Cash & Equivalents
10 18 15 9.09 10 9.44 11
Accounts Receivable
279 237 228 228 215 217 198
Inventories, net
508 408 406 392 398 386 399
Prepaid Expenses
7.45 6.26 12 13 9.30 11 14
Plant, Property, & Equipment, net
147 173 175 174 185 187 193
Plant, Property & Equipment, gross
424 456 463 466 488 496 507
Accumulated Depreciation
277 283 288 292 303 309 314
Total Noncurrent Assets
85 185 178 177 195 196 197
Goodwill
10 44 44 44 52 52 52
Intangible Assets
32 86 85 84 92 90 89
Other Noncurrent Operating Assets
42 55 50 49 52 53 55
Total Liabilities & Shareholders' Equity
1,037 1,027 1,014 993 1,012 1,006 1,012
Total Liabilities
524 502 476 443 449 437 441
Total Current Liabilities
231 188 179 186 193 165 177
Accounts Payable
167 143 124 128 149 119 125
Accrued Expenses
19 21 23 22 19 19 23
Current Employee Benefit Liabilities
38 18 25 30 16 21 23
Other Current Liabilities
6.12 6.92 6.88 7.02 7.79 6.58 5.67
Total Noncurrent Liabilities
294 314 297 257 256 272 264
Long-Term Debt
244 259 238 197 197 209 197
Noncurrent Deferred & Payable Income Tax Liabilities
16 11 14 16 11 11 12
Other Noncurrent Operating Liabilities
33 45 45 45 48 52 56
Total Equity & Noncontrolling Interests
513 525 538 549 563 569 571
Total Preferred & Common Equity
513 525 538 549 563 569 571
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
513 525 538 549 563 569 571
Common Stock
134 135 136 136 137 138 138
Retained Earnings
377 388 402 413 426 432 433
Accumulated Other Comprehensive Income / (Loss)
1.26 1.01 0.86 0.46 0.00 0.00 -0.41

Annual Metrics and Ratios for Olympic Steel

This table displays calculated financial ratios and metrics derived from Olympic Steel's official financial filings.

Metric 2021 2022 2023 2024
Growth Metrics
- - - -
Revenue Growth
87.36% 10.71% -15.70% -10.03%
EBITDA Growth
842.97% -20.41% -31.93% -24.90%
EBIT Growth
34,386.00% -22.46% -41.97% -38.44%
NOPAT Growth
31,483.82% -22.34% -42.92% -37.44%
Net Income Growth
2,263.56% -24.88% -51.03% -48.39%
EPS Growth
2,246.94% -25.19% -51.08% -48.83%
Operating Cash Flow Growth
-337.42% 226.97% -5.75% -80.77%
Free Cash Flow Firm Growth
-500.56% 207.34% -104.00% -875.44%
Invested Capital Growth
62.77% -9.83% 9.41% 13.93%
Revenue Q/Q Growth
14.51% -3.92% -1.40% 0.00%
EBITDA Q/Q Growth
19.07% -15.44% 8.62% 0.00%
EBIT Q/Q Growth
21.83% -17.62% 7.80% 0.00%
NOPAT Q/Q Growth
22.69% -17.09% 7.76% 0.00%
Net Income Q/Q Growth
23.55% -18.69% 8.40% 0.00%
EPS Q/Q Growth
23.62% -18.78% 8.45% 0.00%
Operating Cash Flow Q/Q Growth
-55.82% 135.67% -16.01% 0.00%
Free Cash Flow Firm Q/Q Growth
-41.00% 220.33% -111.06% -234.20%
Invested Capital Q/Q Growth
8.94% -10.34% -0.58% 10.27%
Profitability Metrics
- - - -
Gross Margin
15.21% 12.53% 13.17% 13.13%
EBITDA Margin
8.36% 6.01% 4.85% 4.05%
Operating Margin
7.46% 5.22% 3.60% 2.46%
EBIT Margin
7.46% 5.22% 3.60% 2.46%
Profit (Net Income) Margin
5.24% 3.55% 2.06% 1.18%
Tax Burden Percent
73.45% 73.56% 72.30% 73.41%
Interest Burden Percent
95.57% 92.46% 79.37% 65.54%
Effective Tax Rate
26.55% 26.44% 27.70% 26.59%
Return on Invested Capital (ROIC)
21.14% 13.94% 8.01% 4.48%
ROIC Less NNEP Spread (ROIC-NNEP)
18.76% 10.78% 0.97% -1.07%
Return on Net Nonoperating Assets (RNNOA)
12.23% 5.40% 0.30% -0.41%
Return on Equity (ROE)
33.37% 19.34% 8.31% 4.07%
Cash Return on Invested Capital (CROIC)
-26.64% 24.27% -0.98% -8.54%
Operating Return on Assets (OROA)
20.72% 13.96% 8.27% 4.71%
Return on Assets (ROA)
14.55% 9.50% 4.75% 2.26%
Return on Common Equity (ROCE)
33.37% 19.34% 8.31% 4.07%
Return on Equity Simple (ROE_SIMPLE)
28.52% 17.62% 8.02% 4.00%
Net Operating Profit after Tax (NOPAT)
127 98 56 35
NOPAT Margin
5.48% 3.84% 2.60% 1.81%
Net Nonoperating Expense Percent (NNEP)
2.38% 3.16% 7.04% 5.55%
Return On Investment Capital (ROIC_SIMPLE)
- 14.43% 7.53% 4.15%
Cost of Revenue to Revenue
84.79% 87.47% 86.83% 86.87%
SG&A Expenses to Revenue
6.88% 6.54% 8.35% 9.11%
R&D to Revenue
0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.75% 7.31% 9.57% 10.67%
Earnings before Interest and Taxes (EBIT)
172 134 78 48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
193 154 105 79
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.60 0.71 1.32 0.64
Price to Tangible Book Value (P/TBV)
0.67 0.77 1.79 0.98
Price to Revenue (P/Rev)
0.11 0.14 0.34 0.19
Price to Earnings (P/E)
2.06 3.88 16.95 15.79
Dividend Yield
0.35% 1.10% 0.76% 1.83%
Earnings Yield
48.64% 25.79% 5.90% 6.33%
Enterprise Value to Invested Capital (EV/IC)
0.77 0.78 1.24 0.75
Enterprise Value to Revenue (EV/Rev)
0.25 0.20 0.42 0.32
Enterprise Value to EBITDA (EV/EBITDA)
2.95 3.37 8.69 7.95
Enterprise Value to EBIT (EV/EBIT)
3.31 3.88 11.73 13.10
Enterprise Value to NOPAT (EV/NOPAT)
4.51 5.27 16.21 17.81
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 2.79 5.20 18.58
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 3.03 0.00 0.00
Leverage & Solvency
- - - -
Debt to Equity
0.77 0.32 0.34 0.47
Long-Term Debt to Equity
0.77 0.32 0.34 0.47
Financial Leverage
0.65 0.50 0.31 0.39
Leverage Ratio
2.29 2.04 1.75 1.80
Compound Leverage Factor
2.19 1.88 1.39 1.18
Debt to Total Capital
43.57% 24.30% 25.51% 32.19%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
43.57% 24.30% 25.51% 32.19%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
56.43% 75.70% 74.49% 67.81%
Debt to EBITDA
1.69 1.08 1.82 3.46
Net Debt to EBITDA
1.64 1.00 1.69 3.31
Long-Term Debt to EBITDA
1.69 1.08 1.82 3.46
Debt to NOPAT
2.59 1.68 3.39 7.76
Net Debt to NOPAT
2.51 1.56 3.15 7.42
Long-Term Debt to NOPAT
2.59 1.68 3.39 7.76
Altman Z-Score
4.13 5.21 4.59 3.57
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - -
Current Ratio
3.52 4.00 3.35 4.38
Quick Ratio
1.31 1.41 1.13 1.34
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
-160 171 -6.86 -67
Operating Cash Flow to CapEx
-1,347.21% 1,122.23% 831.12% 114.45%
Free Cash Flow to Firm to Interest Expense
-20.92 17.00 -0.43 -4.06
Operating Cash Flow to Interest Expense
-19.18 18.44 10.94 2.05
Operating Cash Flow Less CapEx to Interest Expense
-20.61 16.79 9.63 0.26
Efficiency Ratios
- - - -
Asset Turnover
2.78 2.67 2.30 1.91
Accounts Receivable Turnover
10.60 10.15 10.50 10.87
Inventory Turnover
5.41 4.97 4.66 4.34
Fixed Asset Turnover
15.20 17.33 12.91 9.96
Accounts Payable Turnover
16.62 17.91 16.95 16.83
Days Sales Outstanding (DSO)
34.43 35.96 34.75 33.58
Days Inventory Outstanding (DIO)
67.49 73.51 78.25 84.09
Days Payable Outstanding (DPO)
21.96 20.38 21.54 21.69
Cash Conversion Cycle (CCC)
79.96 89.09 91.46 95.98
Capital & Investment Metrics
- - - -
Invested Capital
742 669 732 834
Invested Capital Turnover
3.86 3.63 3.08 2.48
Increase / (Decrease) in Invested Capital
286 -73 63 102
Enterprise Value (EV)
571 519 910 626
Market Capitalization
253 365 733 365
Book Value per Share
$38.32 $46.36 $49.90 $51.55
Tangible Book Value per Share
$34.33 $42.54 $36.90 $33.42
Total Capital
752 682 746 846
Total Debt
328 166 190 272
Total Long-Term Debt
328 166 190 272
Net Debt
318 153 177 261
Capital Expenditures (CapEx)
11 17 21 29
Debt-free, Cash-free Net Working Capital (DFCFNWC)
555 481 410 436
Debt-free Net Working Capital (DFNWC)
565 493 423 448
Net Working Capital (NWC)
565 493 423 448
Net Nonoperating Expense (NNE)
5.63 7.45 12 12
Net Nonoperating Obligations (NNO)
318 153 177 261
Total Depreciation and Amortization (D&A)
21 20 27 31
Debt-free, Cash-free Net Working Capital to Revenue
24.01% 18.80% 18.98% 22.46%
Debt-free Net Working Capital to Revenue
24.44% 19.27% 19.60% 23.07%
Net Working Capital to Revenue
24.44% 19.27% 19.60% 23.07%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
$10.53 $7.87 $0.00 $1.97
Adjusted Weighted Average Basic Shares Outstanding
11.49M 11.55M 0.00 11.68M
Adjusted Diluted Earnings per Share
$10.52 $7.87 $0.00 $1.97
Adjusted Weighted Average Diluted Shares Outstanding
11.50M 11.56M 0.00 11.68M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
11.12M 11.13M 0.00 11.14M
Normalized Net Operating Profit after Tax (NOPAT)
127 98 56 35
Normalized NOPAT Margin
5.48% 3.84% 2.60% 1.81%
Pre Tax Income Margin
7.13% 4.83% 2.85% 1.61%
Debt Service Ratios
- - - -
EBIT to Interest Expense
22.60 13.26 4.85 2.90
NOPAT to Interest Expense
16.60 9.76 3.51 2.13
EBIT Less CapEx to Interest Expense
21.17 11.62 3.53 1.11
NOPAT Less CapEx to Interest Expense
15.18 8.12 2.19 0.35
Payout Ratios
- - - -
Dividend Payout Ratio
0.73% 4.41% 12.50% 29.07%
Augmented Payout Ratio
0.73% 4.41% 12.50% 29.07%

Quarterly Metrics and Ratios for Olympic Steel

This table displays calculated financial ratios and metrics derived from Olympic Steel's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-5.09% -16.74% -17.70% -19.73% -17.03% -5.89% -8.10% -7.56% -10.72% -14.43%
EBITDA Growth
-64.44% -67.91% -58.69% -44.98% 14.21% 62.64% -2.49% -30.54% -44.16% -16.22%
EBIT Growth
-69.32% -78.86% -66.65% -52.19% 9.38% 73.21% -10.12% -41.39% -62.68% -32.42%
NOPAT Growth
-68.87% -76.27% -66.54% -54.27% 5.56% 63.27% -10.26% -39.78% -63.80% -28.45%
Net Income Growth
-72.95% -84.08% -73.53% -60.08% 1.53% 87.12% -11.90% -49.00% -77.65% -47.50%
EPS Growth
-73.13% -84.26% -73.68% -60.12% 1.92% 88.24% -11.76% -49.23% -78.30% -48.44%
Operating Cash Flow Growth
262.26% 550.45% 252.35% -18.44% -17.41% -38.14% -104.97% -110.85% -41.09% -73.11%
Free Cash Flow Firm Growth
70.17% 130.47% 106.38% 127.56% 149.11% -166.68% 93.14% -91.09% -158.23% -79.34%
Invested Capital Growth
9.56% -9.83% -0.14% -2.24% -1.32% 9.41% -2.02% 1.01% 2.72% 13.93%
Revenue Q/Q Growth
-10.54% -18.03% 10.20% -0.66% -7.53% -7.03% 0.00% -0.07% -10.69% -10.90%
EBITDA Q/Q Growth
-59.52% -44.32% 81.08% 34.79% -15.96% -20.71% 0.00% -3.99% -32.43% 18.95%
EBIT Q/Q Growth
-64.59% -59.79% 131.02% 45.35% -18.98% -36.33% 0.00% -5.21% -48.42% 15.32%
NOPAT Q/Q Growth
-63.57% -56.35% 107.62% 38.54% -15.91% -32.50% 0.00% -7.03% -49.45% 33.42%
Net Income Q/Q Growth
-67.98% -67.13% 149.36% 52.14% -18.57% -39.43% 0.00% -11.92% -64.31% 42.25%
EPS Q/Q Growth
-68.10% -67.31% 150.00% 52.94% -18.46% -39.62% 0.00% -12.00% -65.15% 43.48%
Operating Cash Flow Q/Q Growth
54.29% 72.99% -40.10% -48.98% 56.24% 29.56% 0.00% -11.35% 948.00% -40.86%
Free Cash Flow Firm Q/Q Growth
60.44% 255.73% -82.29% 152.53% -29.50% -311.46% 0.00% -88.35% -560.49% -551.30%
Invested Capital Q/Q Growth
-4.16% -10.34% 14.26% -0.44% -3.25% -0.58% 0.00% 2.64% -1.62% 10.27%
Profitability Metrics
- - - - - - - - - -
Gross Margin
10.16% 9.56% 12.57% 13.78% 12.66% 13.73% 13.19% 13.11% 12.39% 13.91%
EBITDA Margin
3.76% 2.55% 4.20% 5.69% 5.17% 4.41% 4.45% 4.28% 3.24% 4.32%
Operating Margin
3.01% 1.48% 3.09% 4.53% 3.97% 2.72% 3.03% 2.87% 1.66% 2.15%
EBIT Margin
3.01% 1.47% 3.09% 4.52% 3.96% 2.71% 3.02% 2.87% 1.66% 2.14%
Profit (Net Income) Margin
1.90% 0.76% 1.72% 2.64% 2.32% 1.51% 1.65% 1.46% 0.58% 0.93%
Tax Burden Percent
75.00% 81.41% 73.19% 69.72% 72.35% 76.74% 73.03% 71.62% 70.05% 81.07%
Interest Burden Percent
84.23% 63.43% 76.16% 83.67% 81.05% 72.69% 74.81% 70.89% 50.15% 53.45%
Effective Tax Rate
25.00% 18.59% 26.81% 30.28% 27.65% 23.26% 26.97% 28.38% 29.95% 18.93%
Return on Invested Capital (ROIC)
8.42% 4.36% 7.21% 9.41% 8.47% 6.42% 0.00% 0.00% 0.00% 4.32%
ROIC Less NNEP Spread (ROIC-NNEP)
7.54% 3.39% 6.07% 8.24% 7.10% 4.73% 0.00% 0.00% 0.00% 2.76%
Return on Net Nonoperating Assets (RNNOA)
4.28% 1.70% 3.34% 3.99% 2.82% 1.46% 0.00% 0.00% 0.00% 1.07%
Return on Equity (ROE)
12.69% 6.05% 10.54% 13.40% 11.29% 7.87% 0.00% 0.00% 0.00% 5.39%
Cash Return on Invested Capital (CROIC)
7.49% 24.27% 9.63% 8.93% 8.36% -0.98% 2.04% -1.00% -2.68% -8.54%
Operating Return on Assets (OROA)
7.98% 3.94% 7.27% 9.89% 8.55% 6.24% 0.00% 0.00% 0.00% 4.10%
Return on Assets (ROA)
5.04% 2.04% 4.05% 5.77% 5.01% 3.48% 0.00% 0.00% 0.00% 1.78%
Return on Common Equity (ROCE)
12.69% 6.05% 10.54% 13.40% 11.29% 7.87% 0.00% 0.00% 0.00% 5.39%
Return on Equity Simple (ROE_SIMPLE)
21.81% 0.00% 12.11% 7.60% 7.48% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
14 6.25 13 18 15 10 12 11 5.47 7.30
NOPAT Margin
2.26% 1.20% 2.26% 3.16% 2.87% 2.08% 2.21% 2.06% 1.16% 1.74%
Net Nonoperating Expense Percent (NNEP)
0.88% 0.97% 1.14% 1.17% 1.37% 1.69% 1.38% 1.50% 1.46% 1.56%
Return On Investment Capital (ROIC_SIMPLE)
- 0.92% - - - 1.37% - - - 0.86%
Cost of Revenue to Revenue
89.84% 90.44% 87.43% 86.22% 87.34% 86.27% 86.81% 86.89% 87.61% 86.09%
SG&A Expenses to Revenue
6.41% 7.10% 8.40% 8.11% 7.52% 9.47% 8.77% 8.87% 9.19% 9.77%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.15% 8.08% 9.48% 9.25% 8.69% 11.01% 10.16% 10.24% 10.73% 11.76%
Earnings before Interest and Taxes (EBIT)
19 7.67 18 26 21 13 16 15 7.78 8.98
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
24 13 24 32 27 22 23 23 15 18
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.49 0.71 1.09 1.00 1.13 1.32 1.40 0.88 0.76 0.64
Price to Tangible Book Value (P/TBV)
0.53 0.77 1.45 1.32 1.47 1.79 1.88 1.17 1.01 0.98
Price to Revenue (P/Rev)
0.09 0.14 0.24 0.24 0.28 0.34 0.00 0.00 0.00 0.19
Price to Earnings (P/E)
2.15 3.88 8.86 12.80 15.36 16.95 0.00 0.00 0.00 15.79
Dividend Yield
1.29% 1.10% 0.77% 0.89% 0.84% 0.76% 0.74% 1.23% 1.47% 1.83%
Earnings Yield
46.49% 25.79% 11.29% 7.81% 6.51% 5.90% 0.00% 0.00% 0.00% 6.33%
Enterprise Value to Invested Capital (EV/IC)
0.65 0.78 1.06 1.00 1.09 1.24 1.30 0.91 0.82 0.75
Enterprise Value to Revenue (EV/Rev)
0.18 0.20 0.33 0.33 0.37 0.42 0.00 0.00 0.00 0.32
Enterprise Value to EBITDA (EV/EBITDA)
2.66 3.37 6.80 8.19 8.36 8.69 0.00 0.00 0.00 7.95
Enterprise Value to EBIT (EV/EBIT)
2.98 3.88 8.28 10.87 11.20 11.73 0.00 0.00 0.00 13.10
Enterprise Value to NOPAT (EV/NOPAT)
4.07 5.27 11.21 14.87 15.47 16.21 0.00 0.00 0.00 17.81
Enterprise Value to Operating Cash Flow (EV/OCF)
6.13 2.79 3.64 3.51 3.87 5.20 0.00 0.00 0.00 18.58
Enterprise Value to Free Cash Flow (EV/FCFF)
9.04 3.03 11.05 11.09 13.01 0.00 62.96 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.48 0.32 0.49 0.44 0.36 0.34 0.35 0.37 0.35 0.47
Long-Term Debt to Equity
0.48 0.32 0.49 0.44 0.36 0.34 0.35 0.37 0.35 0.47
Financial Leverage
0.57 0.50 0.55 0.48 0.40 0.31 0.39 0.38 0.33 0.39
Leverage Ratio
2.20 2.04 2.10 2.02 1.91 1.75 1.87 1.82 1.79 1.80
Compound Leverage Factor
1.86 1.29 1.60 1.69 1.55 1.27 1.40 1.29 0.90 0.96
Debt to Total Capital
32.27% 24.30% 33.03% 30.67% 26.35% 25.51% 25.90% 26.87% 25.69% 32.19%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
32.27% 24.30% 33.03% 30.67% 26.35% 25.51% 25.90% 26.87% 25.69% 32.19%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
67.73% 75.70% 66.97% 69.33% 73.65% 74.49% 74.10% 73.13% 74.31% 67.81%
Debt to EBITDA
1.34 1.08 2.16 2.56 2.04 1.82 0.00 0.00 0.00 3.46
Net Debt to EBITDA
1.29 1.00 2.01 2.39 1.94 1.69 0.00 0.00 0.00 3.31
Long-Term Debt to EBITDA
1.34 1.08 2.16 2.56 2.04 1.82 0.00 0.00 0.00 3.46
Debt to NOPAT
2.06 1.68 3.56 4.64 3.77 3.39 0.00 0.00 0.00 7.76
Net Debt to NOPAT
1.97 1.56 3.31 4.34 3.60 3.15 0.00 0.00 0.00 7.42
Long-Term Debt to NOPAT
2.06 1.68 3.56 4.64 3.77 3.39 0.00 0.00 0.00 7.76
Altman Z-Score
4.09 4.74 4.21 4.16 4.24 4.37 2.21 1.88 1.74 3.45
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
3.49 4.00 3.56 3.69 3.44 3.35 3.28 3.77 3.52 4.38
Quick Ratio
1.26 1.41 1.36 1.36 1.27 1.13 1.17 1.37 1.18 1.34
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-51 79 14 35 25 -53 27 3.16 -15 -95
Operating Cash Flow to CapEx
1,284.27% 1,486.22% 719.24% 347.57% 940.24% 3,302.44% -54.13% -34.62% 272.23% 203.02%
Free Cash Flow to Firm to Interest Expense
-16.91 28.25 3.32 8.43 6.32 -14.56 6.76 0.72 -3.75 -22.67
Operating Cash Flow to Interest Expense
16.83 31.22 12.42 6.37 10.58 14.93 -0.65 -0.66 6.35 3.49
Operating Cash Flow Less CapEx to Interest Expense
15.52 29.12 10.69 4.53 9.45 14.48 -1.85 -2.57 4.02 1.77
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
2.65 2.67 2.35 2.19 2.16 2.30 0.00 0.00 0.00 1.91
Accounts Receivable Turnover
9.15 10.15 8.76 8.37 8.63 10.50 0.00 0.00 0.00 10.87
Inventory Turnover
4.98 4.97 4.86 4.43 4.27 4.66 0.00 0.00 0.00 4.34
Fixed Asset Turnover
18.10 17.33 15.41 14.27 13.62 12.91 0.00 0.00 0.00 9.96
Accounts Payable Turnover
14.10 17.91 14.02 13.26 13.04 16.95 0.00 0.00 0.00 16.83
Days Sales Outstanding (DSO)
39.90 35.96 41.67 43.61 42.29 34.75 0.00 0.00 0.00 33.58
Days Inventory Outstanding (DIO)
73.27 73.51 75.13 82.36 85.50 78.25 0.00 0.00 0.00 84.09
Days Payable Outstanding (DPO)
25.88 20.38 26.03 27.52 27.99 21.54 0.00 0.00 0.00 21.69
Cash Conversion Cycle (CCC)
87.29 89.09 90.77 98.45 99.80 91.46 0.00 0.00 0.00 95.98
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
747 669 765 762 737 732 749 769 757 834
Invested Capital Turnover
3.73 3.63 3.18 2.98 2.95 3.08 0.00 0.00 0.00 2.48
Increase / (Decrease) in Invested Capital
65 -73 -1.06 -17 -9.87 63 -15 7.66 20 102
Enterprise Value (EV)
483 519 814 763 806 910 973 699 620 626
Market Capitalization
249 365 574 540 619 733 787 499 434 365
Book Value per Share
$46.07 $46.36 $47.13 $48.37 $49.34 $49.90 $48.27 $51.15 $51.26 $51.55
Tangible Book Value per Share
$42.21 $42.54 $35.49 $36.81 $37.87 $36.90 $35.95 $38.35 $38.55 $33.42
Total Capital
757 682 783 777 746 746 760 779 768 846
Total Debt
244 166 259 238 197 190 197 209 197 272
Total Long-Term Debt
244 166 259 238 197 190 197 209 197 272
Net Debt
234 153 240 223 187 177 186 200 186 261
Capital Expenditures (CapEx)
3.94 5.89 7.29 7.70 4.45 1.64 4.82 8.39 9.05 7.17
Debt-free, Cash-free Net Working Capital (DFCFNWC)
564 481 463 467 446 410 429 448 434 436
Debt-free Net Working Capital (DFNWC)
574 493 481 482 456 423 439 458 445 448
Net Working Capital (NWC)
574 493 481 482 456 423 439 458 445 448
Net Nonoperating Expense (NNE)
2.27 2.29 3.10 2.95 2.88 2.79 2.94 3.16 2.74 3.41
Net Nonoperating Obligations (NNO)
234 153 240 223 187 177 186 200 186 261
Total Depreciation and Amortization (D&A)
4.78 5.61 6.33 6.67 6.38 8.32 7.53 7.42 7.43 9.12
Debt-free, Cash-free Net Working Capital to Revenue
21.17% 18.80% 19.00% 20.32% 20.40% 18.98% 0.00% 0.00% 0.00% 22.46%
Debt-free Net Working Capital to Revenue
21.56% 19.27% 19.76% 20.98% 20.81% 19.60% 0.00% 0.00% 0.00% 23.07%
Net Working Capital to Revenue
21.56% 19.27% 19.76% 20.98% 20.81% 19.60% 0.00% 0.00% 0.00% 23.07%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.04 $0.34 $0.85 $1.30 $1.06 $0.64 $0.75 $0.66 $0.23 $0.33
Adjusted Weighted Average Basic Shares Outstanding
11.55M 11.55M 11.57M 11.57M 11.59M 11.57M 11.66M 11.66M 11.70M 11.68M
Adjusted Diluted Earnings per Share
$1.04 $0.34 $0.85 $1.30 $1.06 $0.64 $0.75 $0.66 $0.23 $0.33
Adjusted Weighted Average Diluted Shares Outstanding
11.56M 11.56M 11.57M 11.57M 11.59M 11.58M 11.66M 11.66M 11.70M 11.68M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
11.13M 11.13M 11.13M 11.13M 11.13M 0.00 11.13M 11.13M 11.13M 11.14M
Normalized Net Operating Profit after Tax (NOPAT)
14 6.25 13 18 15 10 12 11 5.47 7.30
Normalized NOPAT Margin
2.26% 1.20% 2.26% 3.16% 2.87% 2.08% 2.21% 2.06% 1.16% 1.74%
Pre Tax Income Margin
2.53% 0.94% 2.35% 3.78% 3.21% 1.97% 2.26% 2.03% 0.83% 1.15%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
6.34 2.73 4.19 6.13 5.28 3.66 3.97 3.43 2.01 2.15
NOPAT to Interest Expense
4.76 2.23 3.07 4.28 3.82 2.81 2.90 2.46 1.41 1.75
EBIT Less CapEx to Interest Expense
5.03 0.63 2.47 4.29 4.15 3.21 2.77 1.53 -0.33 0.43
NOPAT Less CapEx to Interest Expense
3.45 0.13 1.34 2.44 2.70 2.36 1.70 0.55 -0.92 0.03
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
2.88% 4.41% 6.92% 11.70% 12.60% 12.50% 0.00% 0.00% 0.00% 29.07%
Augmented Payout Ratio
2.88% 4.41% 6.92% 11.70% 12.60% 12.50% 0.00% 0.00% 0.00% 29.07%

Frequently Asked Questions About Olympic Steel's Financials

When does Olympic Steel's financial year end?

According to the most recent income statement we have on file, Olympic Steel's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Olympic Steel's net income changed over the last 3 years?

Olympic Steel's net income appears to be on a downward trend, with a most recent value of $22.98 million in 2024, falling from $121.05 million in 2021. The previous period was $44.53 million in 2023.

What is Olympic Steel's operating income?
Olympic Steel's total operating income in 2024 was $47.86 million, based on the following breakdown:
  • Total Gross Profit: $254.94 million
  • Total Operating Expenses: $207.09 million
How has Olympic Steel revenue changed over the last 3 years?

Over the last 3 years, Olympic Steel's total revenue changed from $2.31 billion in 2021 to $1.94 billion in 2024, a change of -16.0%.

How much debt does Olympic Steel have?

Olympic Steel's total liabilities were at $470.57 million at the end of 2024, a 9.6% increase from 2023, and a 21.5% decrease since 2021.

How much cash does Olympic Steel have?

In the past 3 years, Olympic Steel's cash and equivalents has ranged from $9.81 million in 2021 to $13.22 million in 2023, and is currently $11.91 million as of their latest financial filing in 2024.

How has Olympic Steel's book value per share changed over the last 3 years?

Over the last 3 years, Olympic Steel's book value per share changed from 38.32 in 2021 to 51.55 in 2024, a change of 34.5%.

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This page (NASDAQ:ZEUS) was last updated on 4/16/2025 by MarketBeat.com Staff
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