Olympic Steel, Inc. (ZEUS) Financial Statements

Income statement

Metric	TTM	2024	2023	2022	2021
Revenue
Total Revenue	1.9B	1.9B	2.2B	2.6B	2.3B
Cost of Revenue	327.3M	1.5B	1.7B	2.1B	1.8B
Gross Profit	1.6B	451.2M	473.5M	486.1M	510.2M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	186.7M	244.4M	369.4M	332.6M	317.4M
General & Admin Expense	123.5M	130.3M	138.8M	231.9M	220.1M
Selling & Marketing Expense	63.2M	114.1M	230.6M	100.7M	97.3M
Other Expenses	1.3B	158.9M	26.4M	19.7M	20.3M
Total Operating Expenses	1.5B	403.3M	395.8M	352.3M	337.7M
Cost and Expenses	1.9B	1.9B	2.1B	2.4B	2.1B
Operating Income (EBIT)	35.4M	47.9M	77.7M	133.7M	172.5M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	16.5M	16.5M	16.0M	10.1M	7.6M
Net Interest Income	(16.5M)	(16.5M)	(16.0M)	(10.1M)	(7.6M)
Other Non-Op Income/Expense	(16.5M)	(16.6M)	(16.1M)	(10.1M)	(7.7M)
Non-Operating Income (excl Interest)	89.0K	93.0K	78.0K	45.0K	36.0K
EBT (Pre-Tax Income)	18.9M	31.3M	61.6M	123.6M	164.8M
Income Tax Expense	5.1M	8.3M	17.1M	32.7M	43.7M
Bottom Line
Net Income	13.8M	23.0M	44.5M	90.9M	121.1M
Earnings from Cont. Ops	13.8M	23.0M	44.5M	90.9M	121.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	13.8M	23.0M	44.5M	90.9M	121.1M
Per Share
Basic EPS	$1.17	$1.97	$3.85	$7.87	$10.53
Diluted EPS	$1.17	$1.97	$3.85	$7.87	$10.52
Revenue Per Share	$161.76	$166.28	$186.48	$221.62	$201.21
Shares
Basic Shares Outstanding	11.7M	11.7M	11.6M	11.6M	11.5M
Diluted Shares Outstanding	11.8M	11.7M	11.6M	11.6M	11.5M
Profitability Metrics
EBITDA	44.4M	78.7M	104.8M	153.9M	193.4M
D&A	9.1M	30.9M	27.2M	20.2M	21.0M
EBIT	35.3M	47.8M	77.6M	133.7M	172.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025