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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,899	1,942	2,158	2,560	2,312	1,234
Revenue Growth (YoY)	-5.64%	-10.03%	-15.70%	10.71%	87.36%	-21.84%
Cost of Revenue	1,435	1,490	1,683	2,074	1,802	979.1
Gross Profit	463.39	451.18	475.6	486.06	510.2	255.05
Selling, General & Admin	394.94	372.99	365.89	332.58	317.42	234.98
Amortization of Goodwill & Intangibles	6.58	5.58	4.9	2.45	2.36	1.55
Operating Expenses	427.76	403.12	392.33	352.31	337.74	254.47
Operating Income	35.63	48.06	83.27	133.75	172.47	0.57
Interest Expense	-16.46	-16.46	-16.01	-10.08	-7.63	-7.41
Other Non Operating Income (Expenses)	-0.09	-0.09	-0.08	-0.05	-0.04	-0.07
EBT Excluding Unusual Items	19.08	31.51	67.19	123.62	164.8	-6.91
Merger & Restructuring Charges	-0.2	-0.2	-5.6	-	-	-
Pretax Income	18.88	31.31	61.59	123.62	164.8	-6.91
Income Tax Expense	5.09	8.33	17.06	32.69	43.75	-1.32
Net Income	13.79	22.98	44.53	90.93	121.05	-5.6
Net Income to Common	13.79	22.98	44.53	90.93	121.05	-5.6
Net Income Growth	-47.96%	-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)	0.76%	0.85%	0.16%	0.49%	0.49%	-0.54%
EPS (Basic)	1.18	1.97	3.85	7.87	10.53	-0.49
EPS (Diluted)	1.17	1.97	3.85	7.87	10.52	-0.49
EPS Growth	-48.55%	-48.85%	-51.11%	-25.19%	-	-
Free Cash Flow	41.92	4.19	153.83	166	-157.39	51.85
Free Cash Flow Per Share	3.57	0.36	13.29	14.36	-13.68	4.53
Dividend Per Share	0.630	0.600	0.500	0.360	0.080	0.080
Dividend Growth	9.56%	20.00%	38.89%	350.00%	-	-
Gross Margin	24.40%	23.24%	22.04%	18.99%	22.07%	20.67%
Operating Margin	1.88%	2.48%	3.86%	5.22%	7.46%	0.05%
Profit Margin	0.73%	1.18%	2.06%	3.55%	5.24%	-0.45%
Free Cash Flow Margin	2.21%	0.22%	7.13%	6.48%	-6.81%	4.20%
EBITDA	68.53	78.19	109.71	153.49	192.78	20.06
EBITDA Margin	3.61%	4.03%	5.08%	6.00%	8.34%	1.63%
D&A For EBITDA	32.9	30.13	26.44	19.74	20.32	19.49
EBIT	35.63	48.06	83.27	133.75	172.47	0.57
EBIT Margin	1.88%	2.48%	3.86%	5.22%	7.46%	0.05%
Effective Tax Rate	26.98%	26.59%	27.70%	26.44%	26.55%	-

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q