MARKET COMPOSITE
ZEUS - Olympic Steel Inc.3:20:04 PM 4/19/2024
Price
$68.08
+ 0.62 (0.91%)
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machining, and welding. Its Chicago Tube & Iron subsidiary is a distributor of steel tubing, pipe, bar, valves & fittings, and fabricates pressure parts. Olympic Steel was founded in 1954 by brothers Sol and Morris Siegal and Sam Sigel. Initially, it was a metals trading company and owned no facilities.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue489.4MM-7%
Operating Income13.3MM-36%
Operating Expenses476.1MM-
Net Income7.4MM-39%
G&A31.2MM+19%
Amortization1.4MM+16%
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