Olympic Steel Revenue 2024

The Olympic Steel Revenue history

YEAR	REVENUE (undefined USD)	GROSS MARGIN (%)
2025e	2.16	16,85
2024e	2.18	16,72
2023	2.16	16,88
2022	2.56	14,92
2021	2.31	18,55
2020	1.23	13,94
2019	1.58	12,63
2018	1.72	14,26
2017	1.33	14,14
2016	1.06	14,75
2015	1.18	12,58
2014	1.44	12,80
2013	1.26	14,23
2012	1.38	13,41
2011	1.26	14,34
2010	0.81	12,82
2009	0.52	-3,55
2008	1.23	18,93
2007	1.03	13,82
2006	0.98	14,81
2005	0.94	13,31
2004	0.89	22,34

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.

Revenue Details

Understanding Olympic Steel's Sales Figures

The sales figures of Olympic Steel originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Olympic Steel’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Olympic Steel's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Olympic Steel’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Olympic Steel Stock

How much revenue did Olympic Steel generate this year?

Olympic Steel has achieved a revenue of 2.18 B USD this year.

How much was the turnover of the company Olympic Steel compared to the previous year?

The revenue of Olympic Steel has increased by 0.92% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Olympic Steel?

The revenue of Olympic Steel is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Olympic Steel measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Olympic Steel so important for investors?

The revenue of Olympic Steel is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 0.94 %. 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 0.94 %.

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 1.1 %.

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.