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OLYMPIC STEEL INC

olysteel.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Oct 30, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Apr 9, 2026.

The sections below describe the company as of the FY2024 annual report.

What Did They Do?

Processes and sells carbon and coated metals, specialty metals, and pipe and tube products to manufacturers, fabricators and metals service centers.

How Did They Make Money?

Customers are invoiced when metal products ship or are delivered, and payment terms are generally net 30 days.

revenue

Who Were Their Customers?

Industrial manufacturers, fabricators and other metals users buy through the company's direct sales force; the company delivers orders using its own fleet and third-party truckers.

Customers above 10% of revenue, FY2024
of revenue from one customer
FY2022: 3% from one customer

Did Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in .

Operating income,
2% of revenue
▼ −38% vs ($77.7M, 4%)
Net income,
1% of revenue
▼ −48% vs ($44.5M, 2%)

How Were They Changing?

Since the FY2024 annual report
Latest quarter: Q3 FY2025, the three months to Sep 30, 2025
Revenue
▲ +4%
vs $470M in Q3 FY2024
Net income
▼ −21%
vs $2.7M in Q3 FY2024
  • Feb 13, 2026 Olympic Steel completed its merger with Ryerson Olympic Steel shares converted into 1.7105 Ryerson shares per share.

Grew. Revenue grew 57% in 4 years, from $1.2B in to $1.9B in , about 12% a year.

More manufactured end products The carbon flat products business expanded beyond metal hoppers and dump inserts to include venting and air products, service-station canopies, gutters, boat docks and solar canopy and ground-racking components.

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