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.

Company Growth (employees)
Type
Public
HQ
Bedford, US
Founded
1954
Size (employees)
1,660 (est)
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 Financials and Metrics

Olympic Steel Financials

Olympic Steel's revenue was reported to be $1.1 b in FY, 2016
USD

Revenue (Q2, 2017)

356.2 m

Net income (Q2, 2017)

4.8 m

EBIT (Q2, 2017)

9.6 m

Market capitalization (13-Nov-2017)

219 m

Cash (30-Jun-2017)

4.1 m

EV

215.8 m
Olympic Steel's current market capitalization is $219 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

63.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

304 m346.9 m386 m376.6 m345.9 m315.3 m277 b258.3 m273.6 m268.3 m334.9 m356.2 m

Sales and marketing expense

6 m6.5 m6.5 m6.3 m5.9 m4.9 m5.3 b5.7 m6 m5.6 m6.5 m6.5 m

General and administrative expense

15.6 m18.9 m18.1 m18.3 m17.3 m16 m15.9 b16 m16 m16 m18.2 m17.9 m

Operating expense total

299.8 m340.7 m378.9 m372.5 m342.5 m339.6 m276 b258.3 m265.3 m268.2 m323.8 m346.6 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

6.9 m5 m2.4 m4 m2.8 m2.8 m4.1 m

Accounts Receivable

137.7 m115.2 m114.7 m113.4 m111 m140.3 m158.2 m

Inventories

243.5 m229 m189.8 m210.8 m230.8 m263.2 m262.7 m

Current Assets

399.6 m357 m314.8 m335.4 m350.9 m410.4 m432.3 m
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)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

9 m2.8 m6.3 m7.8 m1.1 m(21.2 m)(21.8 m)(767 k)2.8 m1 m7.7 m12.5 m

Depreciation and Amortization

17.4 m6 m12 m16.9 m5 m10.1 m14.9 m5 m10 m14.6 m4.8 m9.5 m

Accounts Receivable

(18.6 m)(34.6 m)(48.3 m)(37.4 m)(27.7 m)(13.9 m)8.6 m(21.8 m)(20.5 m)(18.1 m)(38.4 m)(56.3 m)

Inventories

44.3 m2.5 m(24.6 m)(43.1 m)30.8 m67.6 m82.1 m16.8 m(4.1 m)(24.2 m)(8.7 m)(8.2 m)
Y, 2017

EV/EBIT

22.4 x

Financial Leverage

2.3 x
Show all financial metrics

Olympic Steel Market Value History

Olympic Steel's Web-traffic and Trends

Olympic Steel Online and Social Media Presence

Olympic Steel Company Life and Culture

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