Olympic Steel (ZEUS) stock price, revenue, and financials

Olympic Steel market cap is $182.5 m, and annual revenue was $1.72 b in FY 2018

$182.5 M

ZEUS Mkt cap, 02-Dec-2019

$384.2 M

Olympic Steel Revenue Q3, 2019
Olympic Steel Net income (Q3, 2019)591 K
Olympic Steel EBIT (Q3, 2019)3.6 M
Olympic Steel Cash, 30-Sept-20198.5 M
Olympic Steel EV397 M

Olympic Steel Revenue

Olympic Steel revenue was $1.72 b in FY, 2018 which is a 28.9% year over year increase from the previous period.

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Olympic Steel Revenue Breakdown

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Olympic Steel revenue breakdown by business segment: 17.4% from Tubular and Pipe Products, 62.6% from Carbon Flat Products and 20.0% from Specialty Metals Flat Products

Olympic Steel Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

1.1b1.3b1.7b

Revenue growth, %

(10%)26%29%

Cost of goods sold

820.0m1.1b1.4b

Gross profit

235.1m275.5m342.1m

Gross profit Margin, %

22%21%20%

Sales and marketing expense

26.3m29.0m

General and administrative expense

63.1m69.7m81.1m

Operating expense total

63.1m251.5m1.7b

Depreciation and amortization

17.5m17.6m

EBIT

5.7m24.0m57.1m

EBIT margin, %

1%2%3%

Interest expense

7.5m

Pre tax profit

420.0k16.4m46.1m

Income tax expense

1.5m(2.6m)12.3m

Net Income

(1.1m)19.0m33.8m

Olympic Steel Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

2.3m3.0m9.3m

Accounts Receivable

101.9m132.7m175.3m

Prepaid Expenses

6.2m8.3m9.5m

Inventories

254.5m275.3m368.7m

Current Assets

364.9m420.1m562.8m

PP&E

374.2m376.7m403.8m

Goodwill

2.4m

Total Assets

556.1m604.2m760.7m

Accounts Payable

79.5m84.0m95.4m

Short-term debt

1.8m930.0k

Current Liabilities

104.9m111.1m128.4m

Long-term debt

164.6m196.2m302.5m

Total Debt

166.4m197.2m302.5m

Total Liabilities

302.7m331.6m453.7m

Common Stock

128.6m129.5m130.8m

Retained Earnings

125.4m143.5m176.3m

Total Equity

253.4m272.6m307.0m

Debt to Equity Ratio

0.7 x0.7 x1 x

Debt to Assets Ratio

0.3 x0.3 x0.4 x

Financial Leverage

2.2 x2.2 x2.5 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.8m4.1m4.2m3.4m5.5m4.3m5.1m6.4m8.5m

Accounts Receivable

140.3m158.2m150.7m174.8m205.2m213.4m204.4m185.0m168.0m

Prepaid Expenses

4.1m6.3m5.5m5.7m5.3m5.2m9.9m10.0m6.3m

Inventories

263.2m262.7m280.2m319.0m363.6m366.2m342.9m288.2m283.1m

Current Assets

410.4m432.3m441.4m503.7m580.4m589.1m562.3m489.6m465.9m

PP&E

375.9m375.8m374.7m384.2m394.5m398.5m410.1m41.1m158.0m

Goodwill

3.3m3.3m3.4m

Total Assets

599.1m618.2m624.9m690.9m779.0m789.3m799.4m724.4m698.7m

Accounts Payable

87.2m83.8m80.2m112.5m127.1m118.1m99.5m70.5m89.3m

Short-term debt

1.8m930.0k930.0k5.8m5.8m

Current Liabilities

112.8m108.7m104.4m136.9m158.0m149.0m129.7m103.1m117.6m

Long-term debt

193.0m210.7m220.4m249.0m297.7m304.5m337.5m288.0m223.0m

Total Debt

194.8m211.7m221.3m249.0m297.7m304.5m343.3m293.8m223.0m

Total Liabilities

337.5m351.9m356.4m409.9m482.2m480.9m490.2m415.9m390.1m

Common Stock

129.3m129.4m129.5m130.4m130.4m130.6m132.3m132.4m132.7m

Retained Earnings

132.9m137.4m139.5m150.9m166.5m177.9m178.2m180.1m180.4m

Total Equity

261.5m266.3m268.5m281.0m296.8m308.3m309.2m308.5m308.6m

Debt to Equity Ratio

0.7 x0.8 x0.8 x0.9 x1 x1 x1 x

Debt to Assets Ratio

0.3 x0.3 x0.4 x0.4 x0.4 x0.4 x0.4 x

Financial Leverage

2.3 x2.3 x2.3 x2.5 x2.6 x2.6 x2.6 x2.3 x2.3 x

Olympic Steel Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

(1.1m)19.0m33.8m

Depreciation and Amortization

19.4m18.6m18.0m

Accounts Receivable

(9.0m)(30.8m)(35.9m)

Inventories

(47.9m)(20.8m)(78.7m)

Accounts Payable

28.6m3.9m2.9m

Cash From Operating Activities

(9.8m)(19.0m)(50.5m)

Cash From Investing Activities

(6.4m)(9.2m)(47.5m)

Long-term Borrowings

(288.5m)(355.6m)(491.6m)

Dividends Paid

(877.0k)(878.0k)(880.0k)

Cash From Financing Activities

17.0m28.9m104.3m

Net Change in Cash

711.0k694.0k6.3m

Interest Paid

4.3m6.4m10.2m

Income Taxes Paid

982.0k9.4m11.3m

Free Cash Flow

(16.6m)(29.2m)(76.2m)

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

7.7m12.5m14.8m7.6m23.5m35.1m2.1m4.2m4.7m

Depreciation and Amortization

4.8m9.5m13.9m4.4m8.9m13.2m4.9m9.8m14.6m

Accounts Receivable

(38.4m)(56.3m)(48.8m)(42.1m)(65.9m)(74.1m)(28.7m)(9.3m)7.7m

Inventories

(8.7m)(8.2m)(25.7m)(43.7m)(73.5m)(76.1m)26.4m81.1m86.2m

Accounts Payable

6.8m4.9m178.0k34.0m41.2m36.9m8.9m(24.5m)(12.2m)

Cash From Operating Activities

(25.7m)(38.5m)(46.6m)(43.5m)(61.9m)(63.1m)(1.2m)52.2m99.4m

Purchases of PP&E

(7.5m)

Cash From Investing Activities

(2.0m)(4.4m)(5.7m)(7.7m)(35.6m)(42.2m)(13.4m)(15.2m)(18.4m)

Long-term Borrowings

(77.1m)(175.2m)(254.9m)(76.8m)(183.7m)(320.5m)(184.1m)(362.6m)(513.3m)

Dividends Paid

(219.0k)(439.0k)(658.0k)(220.0k)(440.0k)(660.0k)(220.0k)(439.0k)(659.0k)

Cash From Financing Activities

28.2m44.7m54.1m51.6m100.0m106.6m10.4m(39.9m)(81.8m)

Net Change in Cash

489.0k1.8m1.8m403.0k2.5m1.3m(4.2m)(2.9m)(831.0k)

Interest Paid

1.4m3.0m4.7m1.8m4.3m7.2m3.2m6.3m8.8m

Income Taxes Paid

26.0k4.9m7.9m52.0k2.1m8.2m58.0k248.0k351.0k

Free Cash Flow

(27.8m)(43.0m)(53.1m)(51.2m)(75.7m)(83.5m)(3.6m)47.8m

Olympic Steel Ratios

USDY, 2019

EV/EBIT

110.9 x

EV/CFO

4 x

Revenue/Employee

209.4k

Financial Leverage

2.3 x

Olympic Steel Operating Metrics

FY, 2016FY, 2017FY, 2018Aug, 2019

Facilities

30 29 29 32

Facilities Owned

24 24 24

Facilities Leased

6 5 5

Manufacturing Facilities (North America), square feet

3.70 m

Product Lines

7

Trademarks (US)

2

Olympic Steel Employee Rating

2.960 votes
Culture & Values
2.8
Work/Life Balance
2.9
Senior Management
2.8
Salary & Benefits
2.8
Career Opportunities
2.7
Source