Olympic Steel, Inc. (ZEUS)

Olympic Steel Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,908	1,942	2,158	2,560	2,312	1,234
Revenue Growth (YoY)	-9.65%	-10.03%	-15.70%	10.71%	87.36%	-21.84%
Cost of Revenue	1,457	1,490	1,683	2,074	1,802	979.1
Gross Profit	450.52	451.18	475.6	486.06	510.2	255.05
Selling, General & Admin	379.51	372.99	365.89	332.58	317.42	234.98
Operating Expenses	410.6	403.12	392.33	352.31	337.74	254.47
Operating Income	39.91	48.06	83.27	133.75	172.47	0.57
Interest Expense	-16.63	-16.46	-16.01	-10.08	-7.63	-7.41
Other Non Operating Income (Expenses)	-0.1	-0.09	-0.08	-0.05	-0.04	-0.07
EBT Excluding Unusual Items	23.19	31.51	67.19	123.62	164.8	-6.91
Merger & Restructuring Charges	-0.2	-0.2	-5.6	-	-	-
Pretax Income	22.99	31.31	61.59	123.62	164.8	-6.91
Income Tax Expense	6.19	8.33	17.06	32.69	43.75	-1.32
Net Income	16.79	22.98	44.53	90.93	121.05	-5.6
Net Income to Common	16.79	22.98	44.53	90.93	121.05	-5.6
Net Income Growth	-61.27%	-48.39%	-51.03%	-24.88%	-	-
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	12	11
Shares Change (YoY)	0.85%	0.85%	0.16%	0.49%	0.49%	-0.54%
EPS (Basic)	1.44	1.97	3.85	7.87	10.53	-0.49
EPS (Diluted)	1.43	1.97	3.85	7.87	10.52	-0.49
EPS Growth	-61.76%	-48.85%	-51.11%	-25.19%	-	-
Free Cash Flow	52.21	4.19	153.83	166	-157.39	51.85
Free Cash Flow Per Share	4.46	0.36	13.29	14.36	-13.68	4.53
Dividend Per Share	0.610	0.600	0.500	0.360	0.080	0.080
Dividend Growth	16.19%	20.00%	38.89%	350.00%	-	-
Gross Margin	23.61%	23.24%	22.04%	18.99%	22.07%	20.67%
Operating Margin	2.09%	2.48%	3.86%	5.22%	7.46%	0.05%
Profit Margin	0.88%	1.18%	2.06%	3.55%	5.24%	-0.45%
Free Cash Flow Margin	2.74%	0.22%	7.13%	6.48%	-6.81%	4.20%
EBITDA	71.03	78.19	109.71	153.49	192.78	20.06
EBITDA Margin	3.72%	4.03%	5.08%	6.00%	8.34%	1.63%
D&A For EBITDA	31.12	30.13	26.44	19.74	20.32	19.49
EBIT	39.91	48.06	83.27	133.75	172.47	0.57
EBIT Margin	2.09%	2.48%	3.86%	5.22%	7.46%	0.05%
Effective Tax Rate	26.95%	26.59%	27.70%	26.44%	26.55%	-

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q