Olympic Steel Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	13.79	22.98	44.53	90.93	121.05	-5.6
Depreciation & Amortization	32.9	30.13	26.44	19.74	20.32	19.49
Other Amortization	0.6	0.78	0.73	0.47	0.64	0.52
Loss (Gain) From Sale of Assets	0.01	0.2	-0.13	-2.19	-6.09	2.03
Stock-Based Compensation	1.46	2	1.82	1.3	1.05	1.22
Other Operating Activities	-4.41	-2.18	7.69	1.54	0.57	-3.13
Change in Accounts Receivable	-9.93	27.17	44.58	64.78	-131.46	-14.79
Change in Inventory	18.92	-0.64	51.54	68.1	-241.9	37.19
Change in Accounts Payable	19.24	-39.57	10.57	-52.27	60.54	23.33
Change in Other Net Operating Assets	1.51	-7.19	-12.61	-6.54	28.92	1.4
Operating Cash Flow	74.1	33.68	175.16	185.85	-146.37	61.65
Operating Cash Flow Growth	1.13%	-80.77%	-5.75%	-	-	-52.44%
Capital Expenditures	-32.18	-29.49	-21.33	-19.85	-11.01	-9.8
Sale of Property, Plant & Equipment	0.13	0.06	0.25	3.29	9.65	1.15
Cash Acquisitions	-80	-80	-169.77	-	-12.11	-19.5
Investing Cash Flow	-112.05	-109.43	-190.84	-16.56	-13.46	-28.15
Long-Term Debt Issued	-	681.85	743.03	685.27	757.79	339.54
Long-Term Debt Repaid	-	-600.58	-719.53	-848.08	-591.46	-372.1
Net Debt Issued (Repaid)	42.75	81.27	23.5	-162.81	166.33	-32.56
Repurchase of Common Stock	-	-	-	-	-	-0.15
Common Dividends Paid	-7.04	-6.68	-5.57	-4.01	-0.89	-0.89
Other Financing Activities	-1.33	-0.15	-1.22	-0.1	-1.33	-0.12
Financing Cash Flow	34.39	74.44	16.72	-166.92	164.12	-33.71
Net Cash Flow	-3.57	-1.31	1.04	2.38	4.28	-0.21
Free Cash Flow	41.92	4.19	153.83	166	-157.39	51.85
Free Cash Flow Growth	-14.80%	-97.28%	-7.33%	-	-	-56.60%
Free Cash Flow Margin	2.21%	0.22%	7.13%	6.48%	-6.81%	4.20%
Free Cash Flow Per Share	3.57	0.36	13.29	14.36	-13.68	4.53
Cash Interest Paid	15.47	15.27	14.97	9.64	6.84	7
Cash Income Tax Paid	5.58	10.05	13.6	33.4	46.55	0
Levered Free Cash Flow	39.31	-0.68	120.56	152.89	-171.5	49.46
Unlevered Free Cash Flow	49	8.83	129.83	158.72	-167.37	53.57
Change in Working Capital	29.75	-20.24	94.08	74.07	-283.9	47.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.