Olympic Steel reported net income of $2.5 million, or $0.21 per diluted share, on sales of $493 million for the first quarter of 2025. Flat-rolled shipping volumes increased significantly, and the company maintained positive EBITDA across all business segments despite a challenging macroeconomic environment.

Olympic Steel delivered a solid finish to 2024, with fourth-quarter net income of $3.9 million and adjusted EBITDA of $14.5 million. Despite challenging market conditions, all three segments achieved positive EBITDA, demonstrating the success of their diversification strategy and operational discipline.

Olympic Steel reported net income of $2.7 million for Q3 2024, or $0.23 per diluted share, with sales totaling $470 million. The company's diversification strategy enabled all three business segments to deliver EBITDA-positive results despite industry-wide pricing pressure.

Olympic Steel reported a net income of $7.7 million, or $0.66 per diluted share, for the second quarter of 2024, compared to $15.0 million, or $1.30 per diluted share, in the second quarter of 2023. Sales were $526 million compared to $569 million in the prior year. The company's diversification strategy and focus on higher-margin products helped to maintain profitability across all three business segments.

Olympic Steel reported net income of $8.7 million, or $0.75 per diluted share, for the first quarter of 2024. Sales totaled $527 million. The company's strategy to diversify into higher-value manufactured products helped offset falling metal prices.

Olympic Steel reported a strong finish to 2023, with net income for the fourth quarter totaling $7.4 million, or $0.64 per diluted share, compared to $4.0 million, or $0.34 per diluted share, in the fourth quarter of 2022. Sales for the fourth quarter of 2023 totaled $489 million, compared with $520 million in the fourth quarter of 2022. The company's success is attributed to its diversification strategy and operational disciplines.

Olympic Steel reported a net income of $12.2 million, or $1.06 per diluted share, for Q3 2023, compared to $12.0 million, or $1.04 per diluted share, in Q3 2022. Sales totaled $526 million, down from $634 million in the same quarter last year, primarily due to lower metal pricing. The company's Pipe and Tube business led segment profitability.

Olympic Steel reported a net income of $15.0 million, or $1.30 per diluted share, for Q2 2023, compared to $37.6 million, or $3.26 per diluted share, in Q2 2022. Sales were $569 million, down from $709 million in the same quarter last year. Distribution shipping volumes increased 2.4% year-over-year, while average selling prices decreased.

Olympic Steel reported net income of $9.9 million, or $0.85 per diluted share, on sales of $573 million for the first quarter of 2023. All three segments reported solid profitability, with the tubular and pipe products segment achieving its second-most-profitable quarter ever. The newly acquired Metal-Fab business also performed well.

Olympic Steel reported a net income of $4.0 million, or $0.34 per diluted share, for the fourth quarter of 2022, compared to $24.9 million, or $2.16 per diluted share, in the fourth quarter of 2021. Sales for the fourth quarter of 2022 totaled $520 million, compared with $625 million in the fourth quarter of 2021. Despite the decline in Q4 results, the company achieved its second most profitable year in history.

Olympic Steel reported a net income of $12.0 million, or $1.04 per diluted share, for the third quarter of 2022. Sales totaled $634 million. The company reduced debt by $84 million so far this year.

Olympic Steel reported record quarterly sales of $709 million and net income of $37.6 million, or $3.26 per diluted share, for Q2 2022. The company's success is attributed to its expansion into higher-return, value-added products, acquisitions, and expense management.

Olympic Steel reported record sales of $696 million and net income of $37.3 million, or $3.23 per diluted share, for the first quarter of 2022. The company's Specialty Metals and Pipe and Tube segments delivered record quarterly sales and profitability.

Olympic Steel reported record sales and net income for the fourth quarter of 2021, marking the most profitable year in the company's history. The company's diversification and acquisition strategy, combined with operational efficiencies, drove the strong performance. Increased quarterly dividend from $0.02 to $0.09 per share.

Olympic Steel reported record quarterly financial results for Q3 2021, with sales totaling $668 million and net income reaching $44.5 million, or $3.87 per diluted share.

Olympic Steel announced record financial results for the second quarter ended June 30, 2021, with net income totaling $29.6 million, or $2.58 per diluted share, and sales totaling $556 million.

Olympic Steel reported record sales for the first quarter of 2021, totaling $463 million, and net income totaled $22.0 million, or $1.91 per diluted share.

Olympic Steel reported net income of $1.8 million, or $0.16 per diluted share, for the fourth quarter of 2020, compared to a net loss of $0.9 million, or $0.08 per diluted share, for the fourth quarter of 2019. Sales for the fourth quarter of 2020 totaled $332 million, compared with $320 million in the fourth quarter of 2019.

Olympic Steel reported a net loss of $1.5 million for Q3 2020, compared to a net income of $0.6 million in Q3 2019. Sales decreased to $300 million from $384 million year-over-year, due to lower average selling prices and volumes. However, volumes steadily increased throughout the quarter, with September volumes approaching pre-COVID levels. The company's performance improved sequentially, driven by increased demand and successful execution of initiatives to improve inventory turns, lower expense run rates, and reduce debt.

Olympic Steel reported a net loss of $6.5 million for the second quarter of 2020, or $0.56 per diluted share, compared to a net income of $2.1 million, or $0.18 per diluted share, in the second quarter of 2019. Sales totaled $248 million, down from $429 million in the same quarter last year. The company benefited from decisive actions to reduce operating expenses, limit capital expenditures, and tighten inventory management, resulting in positive adjusted EBITDA for the quarter.

Olympic Steel reported a net income of $0.6 million, or $0.05 per diluted share, for the first quarter of 2020. Sales totaled $354 million, including a $0.5 million LIFO pre-tax income.

Olympic Steel reported a net loss of $890,000 for the fourth quarter of 2019, with sales totaling $320 million. The results include a $2.4 million LIFO income. CEO Richard T. Marabito highlighted the progress made in diversifying the business and strengthening the financial position, including acquisitions and a significant debt reduction.