Olympic Steel

About Us

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry.

Headquartered in Cleveland, Ohio, Olympic Steel currently operates numerous strategically located facilities in North America.

Our Core Values
We commit to these core values to guide our decisions and behavior and set a standard of excellence that rewards our customers, our employees and our shareholders.

Type
Public
HQ
Bedford, US
Founded
1954
Size (employees)
1,660 (est)-5%
Olympic Steel was founded in 1954 and is headquartered in Bedford, US

Olympic Steel Office Locations

Olympic Steel has an office in Bedford
Bedford, US (HQ)
5096 Richmond Rd

Olympic Steel Data and Metrics

Olympic Steel Financial Metrics

Olympic Steel's revenue was reported to be $1.1 b in FY, 2016 which is a 10% decrease from the previous period.
USD

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %

(10%)

Net income (FY, 2016)

(1.1 m)

EBIT (FY, 2016)

5.7 m

Market capitalization (19-Jul-2017)

201.9 m

Closing share price (19-Jul-2017)

18.8

Cash (31-Dec-2016)

2.3 m

EV

201.5 m
Olympic Steel's current market capitalization is $201.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.3 b1.4 b1.2 b1.1 b

Revenue growth, %

14%(18%)(10%)

General and administrative expense

63.1 m

Operating expense total

1.2 b1.4 b1.2 t1 b

EBIT

19.7 m(9.2 m)(27.8 b)5.7 m

EBIT margin, %

2%(1%)(2363%)1%

Pre tax profit

12.9 m(16.1 m)(33.6 b)420 k

Income tax expense

5.3 m3 m(6.8 b)1.5 m

Net Income

7.6 m(19.1 m)(26.8 m)(1.1 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.2 m2.2 m1.6 m2.3 m

Accounts Receivable

115.3 m123.8 m92.9 m101.9 m

Inventories

254.5 m

Current Assets

417.6 m458.7 m308.9 m364.9 m

Goodwill

40.8 m17 m

Total Assets

697.3 m700.7 m513.5 m556.1 m

Accounts Payable

126 m91.3 m55.7 m79.5 m

Total Debt

53.2 m43.6 m1.8 m

Current Liabilities

165.6 m132 m77.1 m104.9 m

Total Liabilities

302.7 m

Retained Earnings

174.9 m155 m127.3 m125.4 m

Total Equity

298.6 m280.8 m254.7 m253.4 m

Debt to Equity Ratio

0.2 x0.2 x0 x

Debt to Assets Ratio

0.1 x0.1 x0 x

Financial Leverage

2.3 x2.5 x2 x2.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

7.6 m(19.1 m)(26.8 m)(1.1 m)

Depreciation and Amortization

22.2 m20.8 m19 b18.5 m

Accounts Receivable

(2.4 m)(8.5 m)30.9 m(9 m)

Inventories

3.7 m(25 m)104 m(47.9 m)

Accounts Payable

9.3 m(24.1 m)(21.9 m)28.6 m

Cash From Operating Activities

54.7 m

Capital Expenditures

(16.1 m)(7.8 m)(7.3 m)(6.8 m)

Cash From Investing Activities

(16.1 m)(7.8 m)(7.3 m)(6.4 m)

Dividends Paid

(876 k)(878 k)(879 k)(877 k)

Interest Paid

5.1 m4.3 m

Income Taxes Paid

565 k982 k

Free Cash Flow

70.8 m
USDY, 2016

EV/EBIT

35 x

Revenue/Employee

602.9 k

Financial Leverage

2.2 x

Olympic Steel Market Value History

Olympic Steel Online and Social Media Presence

Olympic Steel Company Life and Culture

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