Olympic Historical Income Statement

ZEUS Stock  USD 63.57  3.28  4.91%   
Historical analysis of Olympic Steel income statement accounts such as Depreciation And Amortization of 14.9 M, Interest Expense of 18.8 M, Total Revenue of 1.2 B or Gross Profit of 235.8 M can show how well Olympic Steel performed in making a profits. Evaluating Olympic Steel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Olympic Steel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Olympic Steel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Olympic Steel is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

About Olympic Income Statement Analysis

Olympic Steel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Olympic Steel shareholders. The income statement also shows Olympic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Olympic Steel Income Statement Chart

Olympic Steel Income Statement is one of the three primary financial statements used for reporting Olympic's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Olympic Steel revenue and expense. Olympic Steel Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Olympic Steel's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 81.6 M in 2024, whereas Total Revenue is likely to drop slightly above 1.2 B in 2024.

Total Revenue

Total revenue comprises all receipts Olympic Steel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Olympic Steel minus its cost of goods sold. It is profit before Olympic Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Olympic Steel. It is also known as Olympic Steel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Olympic Steel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Olympic Steel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.At this time, Olympic Steel's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 81.6 M in 2024, whereas Total Revenue is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit510.2M486.1M447.1M235.8M
Total Revenue2.3B2.6B2.2B1.2B

Olympic Steel income statement Correlations

0.470.630.630.660.110.140.290.620.830.08-0.240.120.010.350.580.00.110.530.20.3-0.210.330.3
0.470.50.480.510.40.390.310.50.540.34-0.310.370.140.220.660.20.050.360.40.63-0.910.770.78
0.630.50.991.00.730.760.861.00.930.72-0.170.740.660.620.930.690.060.490.810.71-0.480.440.24
0.630.480.990.980.770.790.890.980.930.76-0.120.780.70.60.940.730.080.510.840.7-0.450.480.26
0.660.511.00.980.70.730.831.00.950.68-0.180.710.620.610.930.650.050.520.780.71-0.480.430.25
0.110.40.730.770.70.990.950.720.51.00.111.00.930.550.720.970.190.130.940.6-0.470.50.26
0.140.390.760.790.730.990.970.750.530.990.00.980.940.570.730.950.170.150.940.57-0.440.490.25
0.290.310.860.890.830.950.970.850.660.960.020.950.940.60.790.940.150.220.930.59-0.360.440.19
0.620.51.00.981.00.720.750.850.930.71-0.180.730.650.620.930.680.050.490.790.7-0.480.430.24
0.830.540.930.930.950.50.530.660.930.49-0.210.520.40.50.90.440.030.660.630.68-0.460.440.29
0.080.340.720.760.681.00.990.960.710.490.141.00.950.550.70.980.20.110.930.57-0.420.460.21
-0.24-0.31-0.17-0.12-0.180.110.00.02-0.18-0.210.140.160.11-0.19-0.210.22-0.07-0.27-0.03-0.10.22-0.36-0.33
0.120.370.740.780.711.00.980.950.730.521.00.160.920.550.720.980.190.160.940.6-0.450.470.22
0.010.140.660.70.620.930.940.940.650.40.950.110.920.540.60.950.2-0.030.860.46-0.240.360.12
0.350.220.620.60.610.550.570.60.620.50.55-0.190.550.540.510.520.480.120.560.48-0.20.3-0.02
0.580.660.930.940.930.720.730.790.930.90.7-0.210.720.60.510.650.090.580.820.86-0.70.680.49
0.00.20.690.730.650.970.950.940.680.440.980.220.980.950.520.650.180.090.910.55-0.340.380.12
0.110.050.060.080.050.190.170.150.050.030.2-0.070.190.20.480.090.18-0.070.130.02-0.010.40.19
0.530.360.490.510.520.130.150.220.490.660.11-0.270.16-0.030.120.580.09-0.070.390.51-0.380.280.17
0.20.40.810.840.780.940.940.930.790.630.93-0.030.940.860.560.820.910.130.390.7-0.50.510.23
0.30.630.710.70.710.60.570.590.70.680.57-0.10.60.460.480.860.550.020.510.7-0.780.650.44
-0.21-0.91-0.48-0.45-0.48-0.47-0.44-0.36-0.48-0.46-0.420.22-0.45-0.24-0.2-0.7-0.34-0.01-0.38-0.5-0.78-0.78-0.77
0.330.770.440.480.430.50.490.440.430.440.46-0.360.470.360.30.680.380.40.280.510.65-0.780.9
0.30.780.240.260.250.260.250.190.240.290.21-0.330.220.12-0.020.490.120.190.170.230.44-0.770.9
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Olympic Steel Account Relationship Matchups

Olympic Steel income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization19.0M19.4M20.3M19.7M27.2M14.9M
Interest Expense11.3M7.4M7.6M10.1M17.9M18.8M
Total Revenue1.6B1.2B2.3B2.6B2.2B1.2B
Gross Profit298.9M255.0M510.2M486.1M447.1M235.8M
Other Operating Expenses1.6B1.2B2.1B2.4B2.1B1.1B
Operating Income16.6M573K172.5M133.7M77.7M81.6M
Ebit16.6M573K172.5M133.7M77.7M81.6M
Ebitda35.6M20.0M192.7M153.4M104.8M53.7M
Cost Of Revenue1.3B979.1M1.8B2.1B1.7B935.3M
Total Operating Expenses282.3M254.5M337.7M352.3M369.4M199.7M
Income Before Tax5.3M(6.9M)164.8M123.6M61.6M64.7M
Total Other Income Expense Net(11.3M)(7.5M)(7.7M)(10.1M)(16.1M)(15.3M)
Net Income3.9M(5.6M)121.1M90.9M44.5M46.8M
Income Tax Expense1.4M(1.3M)43.7M32.7M17.1M8.7M
Selling General Administrative186.3M164.2M220.1M231.9M138.8M137.4M
Selling And Marketing Expenses77.0M70.8M97.3M100.7M108.4M71.0M
Net Income Applicable To Common Shares3.9M(5.6M)121.1M90.9M104.6M109.8M
Net Income From Continuing Ops3.9M(5.6M)121.1M90.9M41.1M24.7M
Non Operating Income Net Other(32K)(73K)(36K)(45K)(51.8K)(54.3K)
Tax Provision1.4M(1.3M)43.7M32.7M15.7M11.8M
Net Interest Income(11.3M)(7.4M)(7.6M)(10.1M)(15.2M)(14.4M)
Reconciled Depreciation19.5M20.0M21.0M19.7M24.5M22.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Olympic Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Olympic Steel's short interest history, or implied volatility extrapolated from Olympic Steel options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Olympic Steel is a strong investment it is important to analyze Olympic Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Olympic Steel's future performance. For an informed investment choice regarding Olympic Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Olympic Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olympic Steel. If investors know Olympic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olympic Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.867
Dividend Share
0.5
Earnings Share
3.85
Revenue Per Share
186.483
Quarterly Revenue Growth
(0.06)
The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympic Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.