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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,878	1,942	2,158	2,560	2,312	1,234
Revenue Growth (YoY)	-9.21%	-10.03%	-15.70%	10.71%	87.36%	-21.84%
Cost of Revenue	1,426	1,490	1,683	2,074	1,802	979.1
Gross Profit	452.62	451.18	475.6	486.06	510.2	255.05
Selling, General & Admin	384.36	372.99	365.89	332.58	317.42	234.98
Operating Expenses	416.44	403.12	392.33	352.31	337.74	254.47
Operating Income	36.18	48.06	83.27	133.75	172.47	0.57
Interest Expense	-16.2	-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	19.88	31.51	67.19	123.62	164.8	-6.91
Merger & Restructuring Charges	-0.2	-0.2	-5.6	-	-	-
Pretax Income	19.68	31.31	61.59	123.62	164.8	-6.91
Income Tax Expense	5.31	8.33	17.06	32.69	43.75	-1.32
Net Income	14.37	22.98	44.53	90.93	121.05	-5.6
Net Income to Common	14.37	22.98	44.53	90.93	121.05	-5.6
Net Income Growth	-60.08%	-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)	0.87%	0.85%	0.16%	0.49%	0.49%	-0.54%
EPS (Basic)	1.23	1.97	3.85	7.87	10.53	-0.49
EPS (Diluted)	1.23	1.97	3.85	7.87	10.52	-0.49
EPS Growth	-60.40%	-48.85%	-51.11%	-25.19%	-	-
Free Cash Flow	70.35	4.19	153.83	166	-157.39	51.85
Free Cash Flow Per Share	6.00	0.36	13.29	14.36	-13.68	4.53
Dividend Per Share	0.620	0.600	0.500	0.360	0.080	0.080
Dividend Growth	12.73%	20.00%	38.89%	350.00%	-	-
Gross Margin	24.10%	23.24%	22.04%	18.99%	22.07%	20.67%
Operating Margin	1.93%	2.48%	3.86%	5.22%	7.46%	0.05%
Profit Margin	0.77%	1.18%	2.06%	3.55%	5.24%	-0.45%
Free Cash Flow Margin	3.75%	0.22%	7.13%	6.48%	-6.81%	4.20%
EBITDA	68.26	78.19	109.71	153.49	192.78	20.06
EBITDA Margin	3.63%	4.03%	5.08%	6.00%	8.34%	1.63%
D&A For EBITDA	32.08	30.13	26.44	19.74	20.32	19.49
EBIT	36.18	48.06	83.27	133.75	172.47	0.57
EBIT Margin	1.93%	2.48%	3.86%	5.22%	7.46%	0.05%
Effective Tax Rate	26.99%	26.59%	27.70%	26.44%	26.55%	-

Updated May 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q