Olympic Pretax Profit Margin from 2010 to 2024

ZEUS Stock  USD 70.18  1.97  2.89%   
Olympic Steel Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, Olympic Steel Pretax Profit Margin quarterly data regression had mean square error of  0.0006 and mean deviation of  0.02. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.02853677
Current Value
0.03
Quarterly Volatility
0.02525667
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.9 M, Interest Expense of 18.8 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 20.48, Price Earnings Ratio of 9.36 or Price To Sales Ratio of 0.23. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
This module can also supplement Olympic Steel's financial leverage analysis and stock options assessment as well as various Olympic Steel Technical models . Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Olympic Steel over the last few years. It is Olympic Steel's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Olympic Pretax Profit Margin Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation145.25
Mean Deviation0.02
Median0.01
Standard Deviation0.03
Sample Variance0.0006
Range0.0998
R-Value0.31
Mean Square Error0.0006
R-Squared0.1
Significance0.26
Slope0
Total Sum of Squares0.01

Olympic Pretax Profit Margin History

2024 0.03
2023 0.0285
2022 0.0483
2021 0.0713
2020 -0.0056
2019 0.00335
2018 0.0269

About Olympic Steel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Olympic Steel income statement, its balance sheet, and the statement of cash flows. Olympic Steel investors use historical funamental indicators, such as Olympic Steel's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may use each financial statement separately, they are all related. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Olympic Steel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Olympic Steel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Olympic Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin 0.03  0.03 

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When determining whether Olympic Steel is a strong investment it is important to analyze Olympic Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Olympic Steel's future performance. For an informed investment choice regarding Olympic Stock, refer to the following important reports:
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.
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Is Olympic Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olympic Steel. If investors know Olympic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olympic Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.867
Dividend Share
0.5
Earnings Share
3.85
Revenue Per Share
186.483
Quarterly Revenue Growth
(0.06)
The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympic Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.