Company research
OLYMPIC STEEL INC
CIK 917470Updated Sep 27, 2026
Securities
Historical securities (1)
ZEUS · NASDAQ · equity · closed Feb 12, 2026ZEUS price & chart
Historical security
This listing closed Feb 12, 2026. Live provider charts are shown only for current listings.
About the company
Founded in 1954, Olympic Steel (Nasdaq: ZEUS) is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate and coil steel products; stainless steel sheet, plate, bar and coil; aluminum sheet, plate and coil; pipe, tube, bar, valves and fittings; tin plate and metal-intensive end-use products, including stainless steel bollards; commercial, residential and industrial venting and air filtration systems; Wright® brand self-dumping hoppers; and metal canopy components. Headquartered in Cleveland, Ohio, Olympic Steel operates from 54 facilities. For additional information, please visit https://www.olysteel.com.
In the news
No coverage from other publishers is available.
Recent filings
Financials
FY 2024 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,044,496,000Source | 984,835,000Source | 891,627,000Source | 1,023,572,000Source |
| Property, Plant and Equipment, NetUSD | 203,836,000Source | 186,108,000Source | 148,332,000Source | 147,056,000Source |
| GoodwillUSD | 83,818,000Source | 52,091,000Source | 10,496,000Source | 10,496,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 118,111,000Source | 92,621,000Source | 32,035,000Source | 33,653,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 11,912,000Source | 13,224,000Source | 12,189,000Source | 9,812,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 166,149,000Source | 191,149,000Source | 219,789,000Source | 284,570,000Source |
| Inventory, NetUSD | 390,626,000Source | 386,535,000Source | 416,931,000Source | 485,029,000Source |
| Assets, CurrentUSD | 580,591,000Source | 603,169,000Source | 658,106,000Source | 789,400,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 11,904,000Source | 12,261,000Source | 9,197,000Source | 9,989,000Source |
| Operating Lease, Right-of-Use AssetUSD | 36,936,000Source | 34,380,000Source | 28,224,000Source | 27,726,000Source |
| Other Assets, NoncurrentUSD | 21,204,000Source | 16,466,000Source | 14,434,000Source | 15,241,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 470,572,000Source | 429,357,000Source | 375,659,000Source | 599,133,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 138,538,000Source | 136,541,000Source | 134,724,000Source | 133,427,000Source |
| Retained Earnings (Accumulated Deficit)USD | 435,196,000Source | 418,896,000Source | 379,933,000Source | 293,008,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 190,000Source | 41,000Source | 1,311,000Source | -1,996,000Source |
| Stockholders' Equity Attributable to ParentUSD | 573,924,000Source | 555,478,000Source | 515,968,000Source | 424,439,000Source |
| Liabilities and EquityUSD | 1,044,496,000Source | 984,835,000Source | 891,627,000Source | 1,023,572,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 132,638,000Source | 180,237,000Source | 164,702,000Source | 224,336,000Source |
| Operating Lease, Liability, CurrentUSD | 5,865,000Source | 7,813,000Source | 6,098,000Source | 5,940,000Source |
| Accounts Payable, CurrentUSD | 80,743,000Source | 119,718,000Source | 101,446,000Source | 148,649,000Source |
| Operating Lease, Liability, NoncurrentUSD | 31,945,000Source | 27,261,000Source | 22,655,000Source | 22,137,000Source |
| Deferred Income Tax Liabilities, NetUSD | 11,049,000Source | 11,510,000Source | 10,025,000Source | 9,890,000Source |
| Other Liabilities, NoncurrentUSD | 22,484,000Source | 20,151,000Source | 12,619,000Source | 15,006,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 11,049,000Source | 11,510,000Source | 10,025,000Source | 9,890,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 272,456,000Source | 190,198,000Source | 165,658,000Source | 327,764,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 0Source | 0Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 272,456,000Source | 190,198,000Source | 165,658,000Source | 327,764,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 30,913,000Source | 27,176,000Source | 20,206,000Source | 20,954,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,997,000Source | 1,817,000Source | 1,297,000Source | 1,045,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -27,166,000Source | -44,576,000Source | -64,781,000Source | 131,459,000Source |
| Increase (Decrease) in InventoriesUSD | 640,000Source | -51,538,000Source | -68,098,000Source | 241,899,000Source |
| Increase (Decrease) in Accounts PayableUSD | -39,567,000Source | 10,568,000Source | -52,274,000Source | 60,538,000Source |
| Deferred Income Tax Expense (Benefit)USD | -511,000Source | 1,908,000Source | -967,000Source | -668,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 33,679,000Source | 175,159,000Source | 185,853,000Source | -146,374,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 80,000,000Source | 169,768,000Source | 0Source | 12,105,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -109,426,000Source | -190,843,000Source | -16,561,000Source | -13,464,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 29,487,000Source | 21,326,000Source | 19,854,000Source | 11,011,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | 133,000Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 74,435,000Source | 16,719,000Source | -166,915,000Source | 164,117,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 6,680,000Source | 5,566,000Source | 4,006,000Source | 886,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,312,000Source | 1,035,000Source | 2,377,000Source | 4,279,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 15,273,000Source | 14,965,000Source | 9,635,000Source | 6,843,000Source |
| Income Taxes Paid, NetUSD | 10,045,000Source | 13,603,000Source | 33,404,000Source | 46,548,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 5,582,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | 5,582,000Source | 4,898,000Source | 2,453,000Source | 2,364,000Source |
| DepreciationUSD | 24,548,000Source | 21,545,000Source | 17,285,000Source | 17,952,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | 0Source | 0Source | 6,068,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -199,000Source | — | 2,185,000Source | 22,000Source |
| General and Administrative ExpenseUSD | 113,044,000Source | 122,239,000Source | 114,004,000Source | 104,617,000Source |
| GoodwillUSD | 83,818,000Source | 52,091,000Source | 10,496,000Source | 10,496,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | — | 0Source |
| Income Tax Expense (Benefit)USD | 8,325,000Source | 17,058,000Source | 32,691,000Source | 43,748,000Source |
| Net Income (Loss) Attributable to ParentUSD | 22,980,000Source | 44,529,000Source | 90,931,000Source | 121,051,000Source |
| Operating ExpensesUSD | 373,192,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | -93,000Source | -78,000Source | -45,000Source | -36,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,941,672,000Source | 2,158,163,000Source | 2,559,990,000Source | 2,312,253,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Operating Income (Loss)USD | 47,859,000Source | 77,671,000Source | 133,747,000Source | 172,466,000Source |
| Other Nonoperating Income (Expense)USD | -93,000Source | -78,000Source | -45,000Source | -36,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 31,305,000Source | 61,587,000Source | 123,622,000Source | 164,799,000Source |
| Income Tax Expense (Benefit)USD | 8,325,000Source | 17,058,000Source | 32,691,000Source | 43,748,000Source |
| Net Income (Loss) Attributable to ParentUSD | 22,980,000Source | 44,529,000Source | 90,931,000Source | 121,051,000Source |
| Earnings Per Share, BasicUSD per share | 1.97Source | 3.85Source | 7.87Source | 10.53Source |
| Earnings Per Share, DilutedUSD per share | 1.97Source | 3.85Source | 7.87Source | 10.52Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 11,677,000Source | 11,573,000Source | 11,551,000Source | 11,492,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 11,677,000Source | 11,578,000Source | 11,559,000Source | 11,503,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 5,582,000Source | 4,898,000Source | 2,453,000Source | 2,364,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.6Source | 0.5Source | 0.36Source | 0.08Source |
| Costs and ExpensesUSD | 1,893,813,000Source | 2,080,492,000Source | 2,426,243,000Source | 2,139,787,000Source |
| Current Income Tax Expense (Benefit)USD | 8,836,000Source | 15,150,000Source | 33,658,000Source | 44,416,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | 26,443,000Source | 19,738,000Source | 20,316,000Source |
| General and Administrative ExpenseUSD | 113,044,000Source | 122,239,000Source | 114,004,000Source | 104,617,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Operating ExpensesUSD | 373,192,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,941,672,000Source | 2,158,163,000Source | 2,559,990,000Source | 2,312,253,000Source |
| Selling ExpenseUSD | 46,643,000Source | 41,436,000Source | 40,174,000Source | 41,881,000Source |