Olympic Steel, Inc.

NasdaqGS:ZEUS Stock Report

Market Cap: US$539.0m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Olympic Steel Past Earnings Performance

Past criteria checks 2/6

Olympic Steel's earnings have been declining at an average annual rate of -14.4%, while the Metals and Mining industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 3.4% per year. Olympic Steel's return on equity is 2.4%, and it has net margins of 0.7%.

Key information

-14.38%

Earnings growth rate

-14.59%

EPS growth rate

Metals and Mining Industry Growth26.40%
Revenue growth rate3.36%
Return on equity2.38%
Net Margin0.73%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Seeking Alpha Feb 10

Olympic Steel: Merger With Ryerson And Higher Value In Sight

Summary Olympic Steel (ZEUS) is rated Buy, with the Ryerson (RYI) merger expected to drive long-term value despite near-term volatility. The merger targets $120 million in annual synergies, creating the second-largest U.S. metals service center and enhancing scale, efficiency, and cash flow. ZEUS's conservative capital discipline and RYI's dynamic capital returns will combine, balancing resilience and growth in a volatile steel market. The combination trades at an EV/EBITDA multiples, below major compatitors, with technical trends and strong Q3 results supporting a positive outlook pre-merger. Read the full article on Seeking Alpha
Analysis Article Oct 11

Olympic Steel, Inc.'s (NASDAQ:ZEUS) Share Price Matching Investor Opinion

With a price-to-earnings (or "P/E") ratio of 21.2x Olympic Steel, Inc. ( NASDAQ:ZEUS ) may be sending bearish signals...
Analysis Article Aug 06

Olympic Steel, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

A week ago, Olympic Steel, Inc. ( NASDAQ:ZEUS ) came out with a strong set of quarterly numbers that could potentially...
Analysis Article Jun 28

Estimating The Fair Value Of Olympic Steel, Inc. (NASDAQ:ZEUS)

Key Insights Olympic Steel's estimated fair value is US$35.00 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article May 03

Olympic Steel (NASDAQ:ZEUS) Is Looking To Continue Growing Its Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 04

Does Olympic Steel (NASDAQ:ZEUS) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 27

Olympic Steel (NASDAQ:ZEUS) Has Announced That It Will Be Increasing Its Dividend To $0.16

The board of Olympic Steel, Inc. ( NASDAQ:ZEUS ) has announced that it will be paying its dividend of $0.16 on the 17th...
User avatar
New Narrative Feb 08

Investments In Steel Fabrication And Automation Will Build Resilient Future

Diversification into countercyclical markets and higher-margin products aims to enhance revenue resilience and net margins.
Analysis Article Jan 09

Investors Don't See Light At End Of Olympic Steel, Inc.'s (NASDAQ:ZEUS) Tunnel And Push Stock Down 27%

Olympic Steel, Inc. ( NASDAQ:ZEUS ) shares have had a horrible month, losing 27% after a relatively good period...
Seeking Alpha Oct 08

Olympic Steel: M&A Efforts, Cash Flow, And Capex Could Imply Significant Undervaluation

Summary Olympic Steel's diverse product offerings and extensive client base, with top clients contributing 29% of 2023 revenue, mitigate risks from losing individual clients. Recent M&A activities, including acquisitions of Metal-Fab and Central Tube and Bar, are expected to drive geographic expansion, new products, and synergies. Despite recent declines in metal prices, ZEUS appears significantly undervalued. My DCF model and peer comparisons indicate substantial upside potential. Increased capital expenditures and a stock repurchase program signal confidence in future growth, making the current stock price an attractive buying opportunity. Read the full article on Seeking Alpha
Analysis Article Jul 18

The Return Trends At Olympic Steel (NASDAQ:ZEUS) Look Promising

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article May 01

Olympic Steel, Inc.'s (NASDAQ:ZEUS) Business Is Yet to Catch Up With Its Share Price

It's not a stretch to say that Olympic Steel, Inc.'s ( NASDAQ:ZEUS ) price-to-earnings (or "P/E") ratio of 15.9x right...
Analysis Article Feb 27

Olympic Steel (NASDAQ:ZEUS) Is Increasing Its Dividend To $0.15

The board of Olympic Steel, Inc. ( NASDAQ:ZEUS ) has announced that it will be paying its dividend of $0.15 on the 15th...

Revenue & Expenses Breakdown

How Olympic Steel makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:ZEUS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,899143950
30 Jun 251,878143840
31 Mar 251,908173800
31 Dec 241,942233730
30 Sep 242,012263740
30 Jun 242,069363670
31 Mar 242,112433650
31 Dec 232,158453660
30 Sep 232,189413530
30 Jun 232,297413510
31 Mar 232,437643460
31 Dec 222,560913330
30 Sep 222,6651123420
30 Jun 222,6991443390
31 Mar 222,5451363290
31 Dec 212,3121213170
30 Sep 212,019982930
30 Jun 211,651522680
31 Mar 211,343162430
31 Dec 201,234-62350
30 Sep 201,222-82370
30 Jun 201,307-62460
31 Mar 201,48822580
31 Dec 191,57942630
30 Sep 191,68932670
30 Jun 191,762142710
31 Mar 191,785282720
31 Dec 181,715342670
30 Sep 181,594392590
30 Jun 181,468302470
31 Mar 181,371192370
31 Dec 171,331192340
30 Sep 171,277132260
30 Jun 171,21492220
31 Mar 171,13272180
31 Dec 161,055-12110
30 Sep 161,038-42130
30 Jun 161,046-32130
31 Mar 161,088-292130
31 Dec 151,176-272170
30 Sep 151,265-492220
30 Jun 151,364-472310
31 Mar 151,435-212390

Quality Earnings: ZEUS has high quality earnings.

Growing Profit Margin: ZEUS's current net profit margins (0.7%) are lower than last year (1.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ZEUS has become profitable over the past 5 years, growing earnings by -14.4% per year.

Accelerating Growth: ZEUS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ZEUS had negative earnings growth (-48%) over the past year, making it difficult to compare to the Metals and Mining industry average (23.3%).


Return on Equity

High ROE: ZEUS's Return on Equity (2.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/14 00:39
End of Day Share Price 2026/02/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Olympic Steel, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sohail TharaniGoldman Sachs
Martin EnglertJefferies LLC
Philip GibbsKeyBanc Capital Markets Inc.