Olympic Steel, Inc. (ZEUS) Financial Ratios
30 years of historical data (1995–2024) · Basic Materials · Steel
EV/EBITDA
↓
10.59
↑+27% vs avg
5yr avg: 8.36
30Y Low2.2·High53.6
P/FCF
↑
127.14
↑+400% vs avg
5yr avg: 25.42
30Y Low0.7·High189.0
P/B Ratio
↑
0.97
↑+23% vs avg
5yr avg: 0.79
30Y Low0.2·High1.7
ROE
↑
4.1%
↑-68% vs avg
5yr avg: 12.7%
30Y Low-21%·High42%
Debt/EBITDA
↓
3.97
+5% vs avg
5yr avg: 3.78
30Y Low0.1·High31.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ZEUS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Olympic Steel, Inc. trades at 24.3x earnings, 140% above its 5-year average of 10.1x, sitting at the 80th percentile of its historical range. Compared to the Basic Materials sector median P/E of 22.3x, the stock trades at a premium of 9%. On a free-cash-flow basis, the stock trades at 127.1x P/FCF, 400% above the 5-year average of 25.4x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $533M | $383M | $772M | $388M | $270M | $153M | $206M | $163M | $245M | $272M | $130M |
| Enterprise Value | $834M | $684M | $995M | $578M | $624M | $342M | $420M | $456M | $439M | $436M | $276M |
| P/E Ratio → | 24.29 | 16.65 | 17.32 | 4.27 | 2.23 | — | 52.71 | 4.84 | 12.87 | — | — |
| P/S Ratio | 0.27 | 0.20 | 0.36 | 0.15 | 0.12 | 0.12 | 0.13 | 0.10 | 0.18 | 0.26 | 0.11 |
| P/B Ratio | 0.97 | 0.67 | 1.39 | 0.75 | 0.64 | 0.51 | 0.67 | 0.53 | 0.90 | 1.07 | 0.51 |
| P/FCF | 127.14 | 91.39 | 5.02 | 2.34 | — | 2.94 | 1.73 | — | — | — | 1.29 |
| P/OCF | 15.82 | 11.38 | 4.41 | 2.09 | — | 2.47 | 1.59 | — | — | — | 1.21 |
P/E links to full P/E history page with 30-year chart
ZEUS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Olympic Steel, Inc.'s enterprise value stands at 10.6x EBITDA, 27% above its 5-year average of 8.4x. This is roughly in line with the Basic Materials sector median of 11.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 0.46 | 0.23 | 0.27 | 0.28 | 0.27 | 0.27 | 0.33 | 0.41 | 0.24 |
| EV / EBITDA | 10.59 | 8.68 | 9.49 | 3.75 | 3.23 | 16.62 | 11.61 | 6.08 | 10.31 | 17.33 | — |
| EV / EBIT | 17.42 | 14.32 | 12.83 | 4.32 | 3.62 | 684.12 | 25.33 | 8.04 | 18.38 | 76.54 | — |
| EV / FCF | — | 163.17 | 6.47 | 3.48 | — | 6.60 | 3.52 | — | — | — | 2.76 |
ZEUS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Olympic Steel, Inc. earns an operating margin of 2.5%, below the Basic Materials sector average of 9.2%. Operating margins have compressed from 5.2% to 2.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.1% is modest. ROIC of 4.3% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.2% | 23.2% | 21.9% | 19.0% | 22.1% | 20.7% | 18.9% | 19.9% | 20.7% | 22.3% | 19.8% |
| Operating Margin | 2.5% | 2.5% | 3.6% | 5.2% | 7.5% | 0.0% | 1.1% | 3.3% | 1.8% | 0.5% | -2.4% |
| Net Profit Margin | 1.2% | 1.2% | 2.1% | 3.6% | 5.2% | -0.5% | 0.2% | 2.0% | 1.4% | -0.1% | -2.3% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.1% | 4.1% | 8.3% | 19.3% | 33.4% | -1.8% | 1.3% | 11.6% | 7.2% | -0.4% | -10.0% |
| ROA | 2.3% | 2.3% | 4.7% | 9.5% | 14.5% | -0.9% | 0.5% | 4.9% | 3.3% | -0.2% | -4.4% |
| ROIC | 4.3% | 4.3% | 7.8% | 13.5% | 20.4% | 0.1% | 2.2% | 8.0% | 4.1% | 1.1% | -4.5% |
| ROCE | 5.6% | 5.6% | 10.1% | 17.5% | 26.3% | 0.1% | 2.8% | 10.1% | 5.1% | 1.3% | -5.5% |
ZEUS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Olympic Steel, Inc. carries a Debt/EBITDA ratio of 4.0x, which is moderately leveraged (59% above the sector average of 2.5x). Net debt stands at $301M ($313M total debt minus $12M cash). Interest coverage of just 2.9x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.55 | 0.55 | 0.43 | 0.39 | 0.86 | 0.65 | 0.71 | 0.99 | 0.72 | 0.66 | 0.58 |
| Debt / EBITDA | 3.97 | 3.97 | 2.25 | 1.31 | 1.88 | 9.47 | 6.07 | 4.03 | 4.63 | 6.62 | — |
| Net Debt / Equity | — | 0.52 | 0.40 | 0.37 | 0.83 | 0.63 | 0.69 | 0.96 | 0.71 | 0.65 | 0.58 |
| Net Debt / EBITDA | 3.82 | 3.82 | 2.13 | 1.23 | 1.83 | 9.21 | 5.91 | 3.90 | 4.56 | 6.53 | — |
| Debt / FCF | — | 71.78 | 1.45 | 1.14 | — | 3.65 | 1.79 | — | — | — | 1.47 |
| Interest Coverage | 2.90 | 2.90 | 4.85 | 13.26 | 22.60 | 0.07 | 1.47 | 5.31 | 3.17 | 1.08 | -4.90 |
ZEUS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Olympic Steel, Inc.'s current ratio of 4.38x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.43x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 4.00x to 4.38x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.38 | 4.38 | 3.35 | 4.00 | 3.52 | 3.17 | 4.15 | 4.38 | 3.78 | 3.48 | 4.01 |
| Quick Ratio | 1.43 | 1.43 | 1.20 | 1.46 | 1.36 | 1.28 | 1.45 | 1.51 | 1.30 | 1.05 | 1.33 |
| Cash Ratio | 0.09 | 0.09 | 0.07 | 0.07 | 0.04 | 0.04 | 0.06 | 0.07 | 0.03 | 0.02 | 0.02 |
| Asset Turnover | — | 1.86 | 2.19 | 2.87 | 2.26 | 1.93 | 2.43 | 2.25 | 2.20 | 1.90 | 2.29 |
| Inventory Turnover | 3.82 | 3.82 | 4.36 | 4.97 | 3.72 | 4.08 | 4.68 | 3.72 | 3.83 | 3.22 | 4.56 |
| Days Sales Outstanding | — | 31.23 | 32.33 | 31.34 | 44.92 | 44.84 | 30.88 | 37.30 | 36.41 | 35.25 | 28.84 |
ZEUS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Olympic Steel, Inc. returns 1.2% to shareholders annually primarily through dividends. The payout ratio of 29.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.7% | 0.7% | 1.0% | 0.3% | 0.6% | 0.4% | 0.5% | 0.4% | 0.3% | 0.7% |
| Payout Ratio | 29.1% | 29.1% | 12.5% | 4.4% | 0.7% | — | 22.8% | 2.6% | 4.6% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.1% | 6.0% | 5.8% | 23.4% | 44.8% | — | 1.9% | 20.7% | 7.8% | — | — |
| FCF Yield | 0.8% | 1.1% | 19.9% | 42.8% | — | 34.0% | 57.9% | — | — | — | 77.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.7% | 0.0% | 0.0% | 0.0% | 0.5% |
| Total Shareholder Yield | 1.2% | 1.7% | 0.7% | 1.0% | 0.3% | 0.7% | 1.2% | 0.5% | 0.4% | 0.3% | 1.2% |
| Shares Outstanding | — | $12M | $12M | $12M | $12M | $11M | $12M | $11M | $11M | $11M | $11M |
Peer Comparison
Compare ZEUS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ZEUSYou | $533M | 24.3 | 10.6 | 127.1 | 23.2% | 2.5% | 4.1% | 4.3% | 4.0 |
 RS | $19B | 26.6 | 16.0 | 37.8 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 |
 SSD | $8B | 23.1 | 15.0 | 26.6 | 45.9% | 19.0% | 18.0% | 15.9% | 0.9 |
 SXC | $602M | -13.7 | 5.5 | 14.2 | 7.1% | 3.5% | -6.6% | 4.3% | 3.1 |
 STLD | $34B | 29.7 | 18.7 | 68.6 | 13.0% | 8.1% | 13.3% | 9.2% | 2.1 |
 CMC | $8B | 94.3 | 10.0 | 24.8 | 15.6% | 6.7% | 2.0% | 8.5% | 1.7 |
 NUE | $53B | 30.9 | 13.9 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
 CLF | $6B | -3.5 | — | — | -4.6% | -7.5% | -22.4% | -7.5% | — |
 WOR | $3B | 28.5 | 28.2 | 16.9 | 27.6% | 4.3% | 10.5% | 3.8% | 3.3 |
 KALU | $3B | 26.0 | 12.7 | — | 9.5% | 5.7% | 15.1% | 7.8% | 3.6 |
 CAT | $421B | 48.0 | 33.7 | 41.0 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
| Basic Materials Median | — | 22.3 | 11.0 | 25.6 | 31.3% | 9.2% | 0.0% | 4.5% | 2.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonZEUS — Frequently Asked Questions
Quick answers to the most common questions about buying ZEUS stock.
What is Olympic Steel, Inc.'s P/E ratio?
Olympic Steel, Inc.'s current P/E ratio is 24.3x. The historical average is 25.8x. This places it at the 80th percentile of its historical range.
What is Olympic Steel, Inc.'s EV/EBITDA?
Olympic Steel, Inc.'s current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.6x.
What is Olympic Steel, Inc.'s ROE?
Olympic Steel, Inc.'s return on equity (ROE) is 4.1%. The historical average is 5.6%.
Is ZEUS stock overvalued?
Based on historical data, Olympic Steel, Inc. is trading at a P/E of 24.3x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Olympic Steel, Inc.'s dividend yield?
Olympic Steel, Inc.'s current dividend yield is 1.20% with a payout ratio of 29.1%.
What are Olympic Steel, Inc.'s profit margins?
Olympic Steel, Inc. has 23.2% gross margin and 2.5% operating margin.
How much debt does Olympic Steel, Inc. have?
Olympic Steel, Inc.'s Debt/EBITDA ratio is 4.0x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.