Olympic Steel Market capitalization 2024

The Olympic Steel Market capitalization history

YEAR	REVENUE (undefined USD)	GROSS MARGIN (%)	NET INCOME (undefined USD)
2025e	2	18,26	35.19
2024e	2.07	17,59	26.68
2023	2.16	16,88	44.53
2022	2.56	14,92	90.9
2021	2.31	18,55	121.1
2020	1.23	13,94	-5.6
2019	1.58	12,63	3.9
2018	1.72	14,26	33.8
2017	1.33	14,14	19
2016	1.06	14,75	-1.1
2015	1.18	12,58	-26.8
2014	1.44	12,80	-19.1
2013	1.26	14,23	7.6
2012	1.38	13,41	2.3
2011	1.26	14,34	25
2010	0.81	12,82	2.1
2009	0.52	-3,55	-61.2
2008	1.23	18,93	67.7
2007	1.03	13,82	25.3
2006	0.98	14,81	31
2005	0.94	13,31	22.1
2004	0.89	22,34	60.1

Olympic Steel Aktienanalyse

What does Olympic Steel do?

Olympic Steel Inc. is a US-based company that specializes in the manufacturing, trading, and processing of high-quality steel. The company was founded in 1954 and has since had a long history in the steel and metal industry. Starting as a trading company, Olympic Steel Inc. has now diversified into three different segments: metal service centers, specialty products, and pipe products. Olympic Steel offers a wide range of high-quality metal products to its customers, which can be used in various industries such as construction, automotive, oil and gas, and many others. The metal service centers of Olympic Steel provide customers with a wide selection of customized products tailored to their individual needs and meeting the highest quality standards. Products include flat steel, hollow sections, pipes, steel sheets, stainless steel, aluminum, and much more. Products are either delivered directly to customers or distributed through a network of sales offices and warehouses in North America and Europe. Another important segment of Olympic Steel is specialty products. This involves customized solutions tailored to the requirements of individual customers. For example, this segment produces customized containers, crates, truck beds, steel parts, or components. The company has modern production facilities and high expertise to meet customer demands. The third segment of Olympic Steel is pipe products. Specifically, pipes for use in the oil and gas industry are manufactured, including seamless pipes and large-diameter pipes. The pipes are produced and distributed in a few standard forms or with individual dimensions and specifications. Olympic Steel is both involved in metal production and trading. The company aims to provide its customers with the highest quality and performance in all areas of the metal trade. Olympic Steel strives to establish itself as a leading provider of steel products and solutions, while maximizing customer value. The company is headquartered in Ohio, USA, and employs more than 1,300 people in North America and Europe. Olympic Steel is a company dedicated to innovation and continuous improvement, investing in modern machinery and technologies, as well as the professional development of its employees. Throughout its history, Olympic Steel has overcome several challenges. Over the years, the company has adapted its products and business models to meet the changing demands of the market. The management team has responded well to economic challenges, leading the company to become a leader in the industry. Lastly, Olympic Steel's social responsibilities are worth mentioning. The company is strongly committed to society and the environment, advocating for sustainability and environmental compatibility. Through initiatives such as safe working conditions and equal opportunities, Olympic Steel has earned an excellent reputation within the community. Overall, Olympic Steel is a high-quality company that offers its customers individualized, tailored solutions. The company has consistently adapted to the changing needs of customers and the economy, achieving a leading position in the steel industry. With its commitment to social responsibilities, Olympic Steel remains a respected company in the public eye. Olympic Steel ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Olympic Steel's Market Capitalization

Olympic Steel's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Olympic Steel's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Olympic Steel's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Olympic Steel’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Olympic Steel Stock

What is the current Olympic Steel market capitalization?

The current market capitalization of Olympic Steel is 512.09 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Olympic Steel.

How has the market capitalization of Olympic Steel developed in recent years?

The market capitalization of Olympic Steel has increased/decreased by -13.93% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Olympic Steel?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Olympic Steel?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Olympic Steel have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Olympic Steel pay?

Over the past 12 months, Olympic Steel paid a dividend of 0.5 USD . This corresponds to a dividend yield of about 1.13 %. For the coming 12 months, Olympic Steel is expected to pay a dividend of 0.58 USD.

What is the dividend yield of Olympic Steel?

The current dividend yield of Olympic Steel is 1.13 %.

When does Olympic Steel pay dividends?

Olympic Steel pays a quarterly dividend. This is distributed in the months of September, December, April, July.

How secure is the dividend of Olympic Steel?

Olympic Steel paid dividends every year for the past 20 years.

What is the dividend of Olympic Steel?

For the upcoming 12 months, dividends amounting to 0.58 USD are expected. This corresponds to a dividend yield of 1.32 %.

In which sector is Olympic Steel located?

Olympic Steel is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Olympic Steel kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Olympic Steel from 6/17/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did Olympic Steel pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Olympic Steel in the year 2023?

In the year 2023, Olympic Steel distributed 0.36 USD as dividends.

In which currency does Olympic Steel pay out the dividend?

The dividends of Olympic Steel are distributed in USD.