Olympic Steel (ZEUS) Financials

$30.52 -0.77 (-2.46%)

Closing price 05/28/2025 04:00 PM Eastern

Extended Trading

$30.02 -0.50 (-1.65%)

As of 05/28/2025 05:30 PM Eastern

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	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	23	43	94	123
Consolidated Net Income / (Loss)	23	45	91	121
Net Income / (Loss) Continuing Operations	23	45	91	121
Total Pre-Tax Income	31	62	124	165
Total Operating Income	48	78	134	172
Total Gross Profit	255	284	321	352
Total Revenue	1,942	2,158	2,560	2,312
Operating Revenue	1,942	2,158	2,560	2,312
Total Cost of Revenue	1,687	1,874	2,239	1,960
Operating Cost of Revenue	1,687	1,874	2,239	1,960
Total Operating Expenses	207	207	187	179
Selling, General & Admin Expense	177	180	167	159
Depreciation Expense	25	22	17	18
Amortization Expense	5.58	4.90	2.45	2.36
Total Other Income / (Expense), net	-17	-16	-10	-7.67
Interest Expense	16	16	10	7.63
Other Income / (Expense), net	-0.09	-0.08	-0.05	-0.04
Income Tax Expense	8.33	17	33	44
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-0.15	1.27	-3.31	-2.22
Basic Earnings per Share	$1.97	$3.85	$7.87	$10.53
Weighted Average Basic Shares Outstanding	11.68M	11.57M	11.55M	11.49M
Diluted Earnings per Share	$1.97	$3.85	$7.87	$10.52
Weighted Average Diluted Shares Outstanding	11.68M	11.58M	11.56M	11.50M
Weighted Average Basic & Diluted Shares Outstanding	11.14M	-	11.13M	11.12M
Cash Dividends to Common per Share	$0.60	$0.50	$0.36	$0.08

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	4.49	2.33	7.66	8.66	6.99	12	15	9.57	4.01	14
Consolidated Net Income / (Loss)	3.89	2.73	7.66	8.70	7.41	12	15	9.87	3.96	12
Net Income / (Loss) Continuing Operations	3.89	2.73	7.66	8.70	7.41	12	15	9.87	3.96	12
Total Pre-Tax Income	4.80	3.90	11	12	9.65	17	22	13	4.86	16
Total Operating Income	9.00	7.81	15	16	13	21	26	18	7.67	19
Total Gross Profit	58	58	69	69	67	67	78	72	50	64
Total Revenue	419	470	526	527	489	526	569	573	520	634
Operating Revenue	419	470	526	527	489	526	569	573	520	634
Total Cost of Revenue	361	412	457	457	422	460	491	501	470	570
Operating Cost of Revenue	361	412	457	457	422	460	491	501	470	570
Total Operating Expenses	49	50	54	54	54	46	53	54	42	45
Selling, General & Admin Expense	41	43	47	46	46	40	46	48	37	41
Depreciation Expense	6.96	5.74	5.84	6.01	6.22	5.01	5.25	5.08	4.52	4.06
Amortization Expense	1.37	1.49	1.39	1.33	1.37	1.18	1.23	1.12	0.63	0.60
Total Other Income / (Expense), net	-4.21	-3.91	-4.41	-4.03	-3.64	-3.98	-4.23	-4.23	-2.81	-3.02
Interest Expense	4.18	3.88	4.39	4.01	3.63	3.95	4.20	4.22	2.80	3.01
Other Income / (Expense), net	-0.03	-0.03	-0.02	-0.02	-0.01	-0.03	-0.03	-0.01	-0.01	-0.02
Income Tax Expense	0.91	1.17	3.04	3.21	2.25	4.67	6.52	3.62	0.90	4.02
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-0.60	0.41	0.00	0.04	0.42	0.40	0.15	0.30	-0.06	-1.72
Basic Earnings per Share	$0.33	$0.23	$0.66	$0.75	$0.64	$1.06	$1.30	$0.85	$0.34	$1.04
Weighted Average Basic Shares Outstanding	11.68M	11.70M	11.66M	11.66M	11.57M	11.59M	11.57M	11.57M	11.55M	11.55M
Diluted Earnings per Share	$0.33	$0.23	$0.66	$0.75	$0.64	$1.06	$1.30	$0.85	$0.34	$1.04
Weighted Average Diluted Shares Outstanding	11.68M	11.70M	11.66M	11.66M	11.58M	11.59M	11.57M	11.57M	11.56M	11.56M
Weighted Average Basic & Diluted Shares Outstanding	11.14M	11.13M	11.13M	11.13M	0.00	11.13M	11.13M	11.13M	11.13M	11.13M
Cash Dividends to Common per Share	$0.15	$0.15	$0.15	$0.15	$0.13	$0.13	$0.13	$0.13	$0.09	$0.09

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

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	0.80	1.67	-0.90	-2.88	4.13	-6.08	-3.24	6.22	1.96	1.79
Net Cash From Operating Activities	15	25	-2.90	-2.61	54	42	27	52	88	51
Net Cash From Continuing Operating Activities	15	25	-2.90	-2.61	55	42	27	52	88	51
Net Income / (Loss) Continuing Operations	3.89	2.73	7.66	8.70	7.41	12	15	9.87	3.96	12
Consolidated Net Income / (Loss)	3.89	2.73	7.66	8.70	7.41	12	15	9.87	3.96	12
Depreciation Expense	9.12	7.18	7.28	7.33	8.32	6.19	6.47	6.20	5.61	4.67
Non-Cash Adjustments To Reconcile Net Income	-2.44	-4.28	1.26	-0.26	-10	2.73	9.22	-1.27	0.74	-0.66
Changes in Operating Assets and Liabilities, net	4.59	19	-19	-19	50	20	-4.15	38	78	34
Net Cash From Investing Activities	-87	-9.05	-8.39	-4.82	-42	-4.45	-7.70	-137	-5.89	-3.94
Net Cash From Continuing Investing Activities	-87	-9.05	-8.39	-4.82	-42	-4.45	-7.70	-137	-5.89	-3.94
Purchase of Property, Plant & Equipment	-7.18	-9.07	-8.42	-4.82	-1.76	-4.45	-7.70	-7.42	-5.89	-3.94
Acquisitions	-80	-	-	0.00	-40	-	-	-129	-	-
Sale of Property, Plant & Equipment	0.01	0.02	0.04	0.00	0.12	0.00	0.00	0.12	-	-
Net Cash From Financing Activities	73	-14	10	4.54	-8.10	-43	-22	91	-80	-45
Net Cash From Continuing Financing Activities	73	-14	10	4.54	-8.10	-43	-22	91	-80	-45
Repayment of Debt	-138	-151	-151	-160	-197	-176	-176	-170	-188	-235
Payment of Dividends	-1.67	-1.67	-1.67	-1.67	-1.39	-1.39	-1.39	-1.39	-1.00	-1.00
Issuance of Debt	213	139	163	167	190	134	155	263	110	191
Other Financing Activities, net	-0.10	-0.33	-0.32	-0.39	-0.38	-0.33	-0.39	-1.16	-0.16	-0.21
Cash Interest Paid	3.79	3.80	4.10	3.59	3.49	3.84	4.08	3.56	2.74	2.89
Cash Income Taxes Paid	2.54	0.77	6.80	-0.07	8.00	1.78	3.70	0.12	10	4.30

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	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Total Assets	1,044	985	892	1,024
Total Current Assets	581	603	658	789
Cash & Equivalents	12	13	12	9.81
Accounts Receivable	166	191	220	285
Inventories, net	391	387	417	485
Prepaid Expenses	12	12	9.20	9.99
Plant, Property, & Equipment, net	204	186	148	147
Plant, Property & Equipment, gross	520	483	430	413
Accumulated Depreciation	316	297	281	266
Total Noncurrent Assets	260	196	85	87
Goodwill	84	52	10	10
Intangible Assets	118	93	32	34
Other Noncurrent Operating Assets	58	51	43	43
Total Liabilities & Shareholders' Equity	1,044	985	892	1,024
Total Liabilities	471	429	376	599
Total Current Liabilities	133	180	165	224
Accounts Payable	81	120	101	149
Accrued Expenses	22	23	17	25
Current Employee Benefit Liabilities	24	30	40	44
Other Current Liabilities	5.87	7.81	6.10	5.94
Total Noncurrent Liabilities	338	249	211	375
Long-Term Debt	272	190	166	328
Noncurrent Deferred & Payable Income Tax Liabilities	11	12	10	9.89
Other Noncurrent Operating Liabilities	54	47	35	37
Commitments & Contingencies	0.00	0.00	-	0.00
Total Equity & Noncontrolling Interests	574	555	516	424
Total Preferred & Common Equity	574	555	516	424
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	574	555	516	424
Common Stock	139	137	135	133
Retained Earnings	435	419	380	293
Accumulated Other Comprehensive Income / (Loss)	0.19	0.04	1.31	-2.00

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,012	1,006	1,012	993	1,014	1,027	1,037
Total Current Assets	622	623	632	642	661	669	805
Cash & Equivalents	11	9.44	10	9.09	15	18	10
Accounts Receivable	198	217	215	228	228	237	279
Inventories, net	399	386	398	392	406	408	508
Prepaid Expenses	14	11	9.30	13	12	6.26	7.45
Plant, Property, & Equipment, net	193	187	185	174	175	173	147
Plant, Property & Equipment, gross	507	496	488	466	463	456	424
Accumulated Depreciation	314	309	303	292	288	283	277
Total Noncurrent Assets	197	196	195	177	178	185	85
Goodwill	52	52	52	44	44	44	10
Intangible Assets	89	90	92	84	85	86	32
Other Noncurrent Operating Assets	55	53	52	49	50	55	42
Total Liabilities & Shareholders' Equity	1,012	1,006	1,012	993	1,014	1,027	1,037
Total Liabilities	441	437	449	443	476	502	524
Total Current Liabilities	177	165	193	186	179	188	231
Accounts Payable	125	119	149	128	124	143	167
Accrued Expenses	23	19	19	22	23	21	19
Current Employee Benefit Liabilities	23	21	16	30	25	18	38
Other Current Liabilities	5.67	6.58	7.79	7.02	6.88	6.92	6.12
Total Noncurrent Liabilities	264	272	256	257	297	314	294
Long-Term Debt	197	209	197	197	238	259	244
Noncurrent Deferred & Payable Income Tax Liabilities	12	11	11	16	14	11	16
Other Noncurrent Operating Liabilities	56	52	48	45	45	45	33
Total Equity & Noncontrolling Interests	571	569	563	549	538	525	513
Total Preferred & Common Equity	571	569	563	549	538	525	513
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	571	569	563	549	538	525	513
Common Stock	138	138	137	136	136	135	134
Retained Earnings	433	432	426	413	402	388	377
Accumulated Other Comprehensive Income / (Loss)	-0.41	0.00	0.00	0.46	0.86	1.01	1.26

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

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

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.43%	-10.72%	-7.56%	-8.10%	-5.89%	-17.03%	-19.73%	-17.70%	-16.74%	-5.09%
EBITDA Growth	-16.22%	-44.16%	-30.54%	-2.49%	62.64%	14.21%	-44.98%	-58.69%	-67.91%	-64.44%
EBIT Growth	-32.42%	-62.68%	-41.39%	-10.12%	73.21%	9.38%	-52.19%	-66.65%	-78.86%	-69.32%
NOPAT Growth	-28.45%	-63.80%	-39.78%	-10.26%	63.27%	5.56%	-54.27%	-66.54%	-76.27%	-68.87%
Net Income Growth	-47.50%	-77.65%	-49.00%	-11.90%	87.12%	1.53%	-60.08%	-73.53%	-84.08%	-72.95%
EPS Growth	-48.44%	-78.30%	-49.23%	-11.76%	88.24%	1.92%	-60.12%	-73.68%	-84.26%	-73.13%
Operating Cash Flow Growth	-73.11%	-41.09%	-110.85%	-104.97%	-38.14%	-17.41%	-18.44%	252.35%	550.45%	262.26%
Free Cash Flow Firm Growth	-79.34%	-158.23%	-91.09%	93.14%	-166.68%	149.11%	127.56%	106.38%	130.47%	70.17%
Invested Capital Growth	13.93%	2.72%	1.01%	-2.02%	9.41%	-1.32%	-2.24%	-0.14%	-9.83%	9.56%
Revenue Q/Q Growth	-10.90%	-10.69%	-0.07%	0.00%	-7.03%	-7.53%	-0.66%	10.20%	-18.03%	-10.54%
EBITDA Q/Q Growth	18.95%	-32.43%	-3.99%	0.00%	-20.71%	-15.96%	34.79%	81.08%	-44.32%	-59.52%
EBIT Q/Q Growth	15.32%	-48.42%	-5.21%	0.00%	-36.33%	-18.98%	45.35%	131.02%	-59.79%	-64.59%
NOPAT Q/Q Growth	33.42%	-49.45%	-7.03%	0.00%	-32.50%	-15.91%	38.54%	107.62%	-56.35%	-63.57%
Net Income Q/Q Growth	42.25%	-64.31%	-11.92%	0.00%	-39.43%	-18.57%	52.14%	149.36%	-67.13%	-67.98%
EPS Q/Q Growth	43.48%	-65.15%	-12.00%	0.00%	-39.62%	-18.46%	52.94%	150.00%	-67.31%	-68.10%
Operating Cash Flow Q/Q Growth	-40.86%	948.00%	-11.35%	0.00%	29.56%	56.24%	-48.98%	-40.10%	72.99%	54.29%
Free Cash Flow Firm Q/Q Growth	-551.30%	-560.49%	-88.35%	0.00%	-311.46%	-29.50%	152.53%	-82.29%	255.73%	60.44%
Invested Capital Q/Q Growth	10.27%	-1.62%	2.64%	0.00%	-0.58%	-3.25%	-0.44%	14.26%	-10.34%	-4.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	13.91%	12.39%	13.11%	13.19%	13.73%	12.66%	13.78%	12.57%	9.56%	10.16%
EBITDA Margin	4.32%	3.24%	4.28%	4.45%	4.41%	5.17%	5.69%	4.20%	2.55%	3.76%
Operating Margin	2.15%	1.66%	2.87%	3.03%	2.72%	3.97%	4.53%	3.09%	1.48%	3.01%
EBIT Margin	2.14%	1.66%	2.87%	3.02%	2.71%	3.96%	4.52%	3.09%	1.47%	3.01%
Profit (Net Income) Margin	0.93%	0.58%	1.46%	1.65%	1.51%	2.32%	2.64%	1.72%	0.76%	1.90%
Tax Burden Percent	81.07%	70.05%	71.62%	73.03%	76.74%	72.35%	69.72%	73.19%	81.41%	75.00%
Interest Burden Percent	53.45%	50.15%	70.89%	74.81%	72.69%	81.05%	83.67%	76.16%	63.43%	84.23%
Effective Tax Rate	18.93%	29.95%	28.38%	26.97%	23.26%	27.65%	30.28%	26.81%	18.59%	25.00%
Return on Invested Capital (ROIC)	4.32%	0.00%	0.00%	0.00%	6.42%	8.47%	9.41%	7.21%	4.36%	8.42%
ROIC Less NNEP Spread (ROIC-NNEP)	2.76%	0.00%	0.00%	0.00%	4.73%	7.10%	8.24%	6.07%	3.39%	7.54%
Return on Net Nonoperating Assets (RNNOA)	1.07%	0.00%	0.00%	0.00%	1.46%	2.82%	3.99%	3.34%	1.70%	4.28%
Return on Equity (ROE)	5.39%	0.00%	0.00%	0.00%	7.87%	11.29%	13.40%	10.54%	6.05%	12.69%
Cash Return on Invested Capital (CROIC)	-8.54%	-2.68%	-1.00%	2.04%	-0.98%	8.36%	8.93%	9.63%	24.27%	7.49%
Operating Return on Assets (OROA)	4.10%	0.00%	0.00%	0.00%	6.24%	8.55%	9.89%	7.27%	3.94%	7.98%
Return on Assets (ROA)	1.78%	0.00%	0.00%	0.00%	3.48%	5.01%	5.77%	4.05%	2.04%	5.04%
Return on Common Equity (ROCE)	5.39%	0.00%	0.00%	0.00%	7.87%	11.29%	13.40%	10.54%	6.05%	12.69%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	7.48%	7.60%	12.11%	0.00%	21.81%
Net Operating Profit after Tax (NOPAT)	7.30	5.47	11	12	10	15	18	13	6.25	14
NOPAT Margin	1.74%	1.16%	2.06%	2.21%	2.08%	2.87%	3.16%	2.26%	1.20%	2.26%
Net Nonoperating Expense Percent (NNEP)	1.56%	1.46%	1.50%	1.38%	1.69%	1.37%	1.17%	1.14%	0.97%	0.88%
Return On Investment Capital (ROIC_SIMPLE)	0.86%	-	-	-	1.37%	-	-	-	0.92%	-
Cost of Revenue to Revenue	86.09%	87.61%	86.89%	86.81%	86.27%	87.34%	86.22%	87.43%	90.44%	89.84%
SG&A Expenses to Revenue	9.77%	9.19%	8.87%	8.77%	9.47%	7.52%	8.11%	8.40%	7.10%	6.41%
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	11.76%	10.73%	10.24%	10.16%	11.01%	8.69%	9.25%	9.48%	8.08%	7.15%
Earnings before Interest and Taxes (EBIT)	8.98	7.78	15	16	13	21	26	18	7.67	19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	18	15	23	23	22	27	32	24	13	24
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.64	0.76	0.88	1.40	1.32	1.13	1.00	1.09	0.71	0.49
Price to Tangible Book Value (P/TBV)	0.98	1.01	1.17	1.88	1.79	1.47	1.32	1.45	0.77	0.53
Price to Revenue (P/Rev)	0.19	0.00	0.00	0.00	0.34	0.28	0.24	0.24	0.14	0.09
Price to Earnings (P/E)	15.79	0.00	0.00	0.00	16.95	15.36	12.80	8.86	3.88	2.15
Dividend Yield	1.83%	1.47%	1.23%	0.74%	0.76%	0.84%	0.89%	0.77%	1.10%	1.29%
Earnings Yield	6.33%	0.00%	0.00%	0.00%	5.90%	6.51%	7.81%	11.29%	25.79%	46.49%
Enterprise Value to Invested Capital (EV/IC)	0.75	0.82	0.91	1.30	1.24	1.09	1.00	1.06	0.78	0.65
Enterprise Value to Revenue (EV/Rev)	0.32	0.00	0.00	0.00	0.42	0.37	0.33	0.33	0.20	0.18
Enterprise Value to EBITDA (EV/EBITDA)	7.95	0.00	0.00	0.00	8.69	8.36	8.19	6.80	3.37	2.66
Enterprise Value to EBIT (EV/EBIT)	13.10	0.00	0.00	0.00	11.73	11.20	10.87	8.28	3.88	2.98
Enterprise Value to NOPAT (EV/NOPAT)	17.81	0.00	0.00	0.00	16.21	15.47	14.87	11.21	5.27	4.07
Enterprise Value to Operating Cash Flow (EV/OCF)	18.58	0.00	0.00	0.00	5.20	3.87	3.51	3.64	2.79	6.13
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	62.96	0.00	13.01	11.09	11.05	3.03	9.04
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.47	0.35	0.37	0.35	0.34	0.36	0.44	0.49	0.32	0.48
Long-Term Debt to Equity	0.47	0.35	0.37	0.35	0.34	0.36	0.44	0.49	0.32	0.48
Financial Leverage	0.39	0.33	0.38	0.39	0.31	0.40	0.48	0.55	0.50	0.57
Leverage Ratio	1.80	1.79	1.82	1.87	1.75	1.91	2.02	2.10	2.04	2.20
Compound Leverage Factor	0.96	0.90	1.29	1.40	1.27	1.55	1.69	1.60	1.29	1.86
Debt to Total Capital	32.19%	25.69%	26.87%	25.90%	25.51%	26.35%	30.67%	33.03%	24.30%	32.27%
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	32.19%	25.69%	26.87%	25.90%	25.51%	26.35%	30.67%	33.03%	24.30%	32.27%
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	67.81%	74.31%	73.13%	74.10%	74.49%	73.65%	69.33%	66.97%	75.70%	67.73%
Debt to EBITDA	3.46	0.00	0.00	0.00	1.82	2.04	2.56	2.16	1.08	1.34
Net Debt to EBITDA	3.31	0.00	0.00	0.00	1.69	1.94	2.39	2.01	1.00	1.29
Long-Term Debt to EBITDA	3.46	0.00	0.00	0.00	1.82	2.04	2.56	2.16	1.08	1.34
Debt to NOPAT	7.76	0.00	0.00	0.00	3.39	3.77	4.64	3.56	1.68	2.06
Net Debt to NOPAT	7.42	0.00	0.00	0.00	3.15	3.60	4.34	3.31	1.56	1.97
Long-Term Debt to NOPAT	7.76	0.00	0.00	0.00	3.39	3.77	4.64	3.56	1.68	2.06
Altman Z-Score	3.45	1.74	1.88	2.21	4.37	4.24	4.16	4.21	4.74	4.09
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	4.38	3.52	3.77	3.28	3.35	3.44	3.69	3.56	4.00	3.49
Quick Ratio	1.34	1.18	1.37	1.17	1.13	1.27	1.36	1.36	1.41	1.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-95	-15	3.16	27	-53	25	35	14	79	-51
Operating Cash Flow to CapEx	203.02%	272.23%	-34.62%	-54.13%	3,302.44%	940.24%	347.57%	719.24%	1,486.22%	1,284.27%
Free Cash Flow to Firm to Interest Expense	-22.67	-3.75	0.72	6.76	-14.56	6.32	8.43	3.32	28.25	-16.91
Operating Cash Flow to Interest Expense	3.49	6.35	-0.66	-0.65	14.93	10.58	6.37	12.42	31.22	16.83
Operating Cash Flow Less CapEx to Interest Expense	1.77	4.02	-2.57	-1.85	14.48	9.45	4.53	10.69	29.12	15.52
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.91	0.00	0.00	0.00	2.30	2.16	2.19	2.35	2.67	2.65
Accounts Receivable Turnover	10.87	0.00	0.00	0.00	10.50	8.63	8.37	8.76	10.15	9.15
Inventory Turnover	4.34	0.00	0.00	0.00	4.66	4.27	4.43	4.86	4.97	4.98
Fixed Asset Turnover	9.96	0.00	0.00	0.00	12.91	13.62	14.27	15.41	17.33	18.10
Accounts Payable Turnover	16.83	0.00	0.00	0.00	16.95	13.04	13.26	14.02	17.91	14.10
Days Sales Outstanding (DSO)	33.58	0.00	0.00	0.00	34.75	42.29	43.61	41.67	35.96	39.90
Days Inventory Outstanding (DIO)	84.09	0.00	0.00	0.00	78.25	85.50	82.36	75.13	73.51	73.27
Days Payable Outstanding (DPO)	21.69	0.00	0.00	0.00	21.54	27.99	27.52	26.03	20.38	25.88
Cash Conversion Cycle (CCC)	95.98	0.00	0.00	0.00	91.46	99.80	98.45	90.77	89.09	87.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	834	757	769	749	732	737	762	765	669	747
Invested Capital Turnover	2.48	0.00	0.00	0.00	3.08	2.95	2.98	3.18	3.63	3.73
Increase / (Decrease) in Invested Capital	102	20	7.66	-15	63	-9.87	-17	-1.06	-73	65
Enterprise Value (EV)	626	620	699	973	910	806	763	814	519	483
Market Capitalization	365	434	499	787	733	619	540	574	365	249
Book Value per Share	$51.55	$51.26	$51.15	$48.27	$49.90	$49.34	$48.37	$47.13	$46.36	$46.07
Tangible Book Value per Share	$33.42	$38.55	$38.35	$35.95	$36.90	$37.87	$36.81	$35.49	$42.54	$42.21
Total Capital	846	768	779	760	746	746	777	783	682	757
Total Debt	272	197	209	197	190	197	238	259	166	244
Total Long-Term Debt	272	197	209	197	190	197	238	259	166	244
Net Debt	261	186	200	186	177	187	223	240	153	234
Capital Expenditures (CapEx)	7.17	9.05	8.39	4.82	1.64	4.45	7.70	7.29	5.89	3.94
Debt-free, Cash-free Net Working Capital (DFCFNWC)	436	434	448	429	410	446	467	463	481	564
Debt-free Net Working Capital (DFNWC)	448	445	458	439	423	456	482	481	493	574
Net Working Capital (NWC)	448	445	458	439	423	456	482	481	493	574
Net Nonoperating Expense (NNE)	3.41	2.74	3.16	2.94	2.79	2.88	2.95	3.10	2.29	2.27
Net Nonoperating Obligations (NNO)	261	186	200	186	177	187	223	240	153	234
Total Depreciation and Amortization (D&A)	9.12	7.43	7.42	7.53	8.32	6.38	6.67	6.33	5.61	4.78
Debt-free, Cash-free Net Working Capital to Revenue	22.46%	0.00%	0.00%	0.00%	18.98%	20.40%	20.32%	19.00%	18.80%	21.17%
Debt-free Net Working Capital to Revenue	23.07%	0.00%	0.00%	0.00%	19.60%	20.81%	20.98%	19.76%	19.27%	21.56%
Net Working Capital to Revenue	23.07%	0.00%	0.00%	0.00%	19.60%	20.81%	20.98%	19.76%	19.27%	21.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.33	$0.23	$0.66	$0.75	$0.64	$1.06	$1.30	$0.85	$0.34	$1.04
Adjusted Weighted Average Basic Shares Outstanding	11.68M	11.70M	11.66M	11.66M	11.57M	11.59M	11.57M	11.57M	11.55M	11.55M
Adjusted Diluted Earnings per Share	$0.33	$0.23	$0.66	$0.75	$0.64	$1.06	$1.30	$0.85	$0.34	$1.04
Adjusted Weighted Average Diluted Shares Outstanding	11.68M	11.70M	11.66M	11.66M	11.58M	11.59M	11.57M	11.57M	11.56M	11.56M
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	11.14M	11.13M	11.13M	11.13M	0.00	11.13M	11.13M	11.13M	11.13M	11.13M
Normalized Net Operating Profit after Tax (NOPAT)	7.30	5.47	11	12	10	15	18	13	6.25	14
Normalized NOPAT Margin	1.74%	1.16%	2.06%	2.21%	2.08%	2.87%	3.16%	2.26%	1.20%	2.26%
Pre Tax Income Margin	1.15%	0.83%	2.03%	2.26%	1.97%	3.21%	3.78%	2.35%	0.94%	2.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.15	2.01	3.43	3.97	3.66	5.28	6.13	4.19	2.73	6.34
NOPAT to Interest Expense	1.75	1.41	2.46	2.90	2.81	3.82	4.28	3.07	2.23	4.76
EBIT Less CapEx to Interest Expense	0.43	-0.33	1.53	2.77	3.21	4.15	4.29	2.47	0.63	5.03
NOPAT Less CapEx to Interest Expense	0.03	-0.92	0.55	1.70	2.36	2.70	2.44	1.34	0.13	3.45
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	29.07%	0.00%	0.00%	0.00%	12.50%	12.60%	11.70%	6.92%	4.41%	2.88%
Augmented Payout Ratio	29.07%	0.00%	0.00%	0.00%	12.50%	12.60%	11.70%	6.92%	4.41%	2.88%

Frequently Asked Questions About Olympic Steel's Financials

When does Olympic Steel's fiscal year end?

According to the most recent income statement we have on file, Olympic Steel's financial year ends in December. Their financial 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. View Olympic Steel's forecast to see where analysts expect Olympic Steel to go next.

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%.

Related Companies

This page (NASDAQ:ZEUS) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Olympic Steel (ZEUS) Financials

Frequently Asked Questions About Olympic Steel's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Olympic Steel (ZEUS) Financials

Annual Income Statements for Olympic Steel

Quarterly Income Statements for Olympic Steel

Annual Cash Flow Statements for Olympic Steel

Quarterly Cash Flow Statements for Olympic Steel

Annual Balance Sheets for Olympic Steel

Quarterly Balance Sheets for Olympic Steel

Annual Metrics And Ratios for Olympic Steel

Quarterly Metrics And Ratios for Olympic Steel

Frequently Asked Questions About Olympic Steel's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools