Olympic Steel, Inc. (ZEUS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | -5.39M | 15.51M | 49.42M | 14.56M | 22.42M | -2.9M | -2.61M | 54.16M | 41.8M | 26.76M | 52.44M | 87.55M | 50.61M | 32.8M | 14.88M | -19.44M | -31.19M | -70.02M | -25.72M | 33M |
| Operating CF Margin % | -1.1% | 3.12% | 10.03% | 3.48% | 4.77% | -0.55% | -0.5% | 11.07% | 7.94% | 4.7% | 9.15% | 16.84% | 7.98% | 4.63% | 2.14% | -3.11% | -4.67% | -12.59% | -5.55% | 9.95% |
| Operating CF Growth % | -124.05% | 633.99% | 1994.86% | -73.11% | -46.37% | -110.85% | -104.97% | -38.14% | -17.41% | -18.44% | 252.35% | 550.45% | 262.26% | 146.85% | 157.87% | -158.9% | -224.07% | -551.86% | -114.6% | 9.26% |
| Net Income | 2.15M | 5.24M | 2.51M | 3.89M | 2.73M | 7.66M | 8.7M | 7.41M | 12.23M | 15.02M | 9.87M | 3.96M | 12.05M | 37.62M | 37.3M | 24.86M | 44.53M | 29.65M | 22.01M | 1.79M |
| Depreciation & Amortization | 8M | 8.24M | 8.32M | 9.12M | 7.23M | 7.42M | 7.33M | 7.58M | 6.18M | 6.47M | 6.2M | 5.27M | 4.78M | 5.06M | 5.1M | 5.12M | 4.92M | 5.54M | 5.37M | 5.05M |
| Stock-Based Compensation | 606K | 606K | -252K | 498K | 499K | 521K | 522K | 560K | 415K | 435K | 407K | 300K | 335K | 335K | 327K | 253K | 258K | 272K | 262K | 293K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17K | 12K | 5K | 0 | -4.51M | 0 | 0 | 4.51M | 0 | -6.12M | 0 | 0 | 0 |
| Other Non-Cash Items | 6.84M | -4.21M | -2.85M | -4.37M | -197K | 407K | 671K | -1.64M | 2.5M | 7.96M | -527K | -356K | -4.19M | 5.04M | -1.14M | -470K | -2.32M | -162K | 3.54M | -1.78M |
| Working Capital Changes | -23M | 5.63M | 41.68M | 5.43M | 12.15M | -18.91M | -19.83M | 40.27M | 20.46M | -3.13M | 36.49M | 82.89M | 37.65M | -15.26M | -31.21M | -49.2M | -72.48M | -105.32M | -56.9M | 27.65M |
| Change in Receivables | -5.96M | 8.82M | -46.39M | 33.61M | 19.09M | -1.93M | -23.6M | 42.04M | 145K | 8.85M | -6.46M | 59.55M | 41.57M | -1.38M | -34.97M | 20.18M | -38.78M | -53.76M | -59.09M | 193K |
| Change in Inventory | -15.9M | -7.88M | 30.48M | 12.22M | -13.15M | 11.33M | -11.03M | 9.72M | 13.59M | 2.04M | 26.18M | 91.17M | 3.03M | -35.69M | 9.58M | -63.92M | -44.7M | -95.1M | -38.17M | -3.45M |
| Change in Payables | -1.83M | 6.26M | 58.74M | -43.92M | 4.03M | -28.45M | 28.78M | -11.62M | 4.37M | -19.66M | 37.48M | -67.1M | -14.09M | 15.14M | 13.78M | -14.31M | 8.67M | 34.79M | 31.39M | 20.84M |
| Cash from Investing | -7.42M | -8.63M | -8.83M | -87.17M | -9.05M | -8.39M | -4.82M | -41.93M | -4.45M | -7.7M | -136.77M | -5.89M | -3.94M | -7.91M | 1.18M | -15.26M | 6.36M | -2.27M | -2.29M | -21.33M |
| Capital Expenditures | -7.48M | -8.69M | -8.83M | -7.18M | -9.07M | -8.42M | -4.82M | -1.76M | -4.45M | -7.7M | -7.42M | -5.89M | -3.94M | -7.91M | -2.12M | -3.27M | -3.16M | -2.29M | -2.29M | -1.83M |
| CapEx % of Revenue | 1.52% | 1.75% | 1.79% | 1.71% | 1.93% | 1.6% | 0.91% | 0.36% | 0.84% | 1.35% | 1.29% | 1.13% | 0.62% | 1.11% | 0.3% | 0.52% | 0.47% | 0.41% | 0.49% | 0.55% |
| Acquisitions | 0 | 57K | 0 | -80M | 0 | 35K | 0 | -40.17M | 1K | 4K | -129.48M | 0 | 1K | 0 | 3.29M | -11.99M | 9.52M | 23K | 0 | -19.5M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 63K | 0 | 0 | 0 | 21K | 0 | 0 | 0 | 0 | 4K | 124K | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 4K |
| Cash from Financing | 5.54M | -5.33M | -39.24M | 73.41M | -11.7M | 10.39M | 4.54M | -8.1M | -43.44M | -22.3M | 90.55M | -79.7M | -44.89M | -24.46M | -17.86M | 29.37M | 28.34M | 75.62M | 30.78M | -11.28M |
| Debt Issued (Net) | 7.33M | -2.38M | -37.32M | 75.12M | -10.03M | 12.07M | 6.31M | -6.63M | -42.56M | -20.78M | 92.89M | -78.7M | -43.89M | -23.46M | -16.76M | 29.71M | 28.6M | 76.89M | 31.12M | -15.67M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -1.79M | -1.79M | -1.79M | -1.67M | -1.67M | -1.67M | -1.67M | -1.39M | -1.39M | -1.39M | -1.39M | -1M | -1M | -1M | -1M | -221K | -222K | -222K | -221K | -222K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -1.15M | -130K | -44K | 0 | -7K | -100K | -73K | 518K | -134K | -944K | 0 | 0 | 0 | -100K | -122K | -36K | -1.05M | -115K | 4.62M |
| Net Change in Cash | -7.27M | 1.55M | 1.35M | 796K | 1.67M | -897K | -2.88M | 4.13M | -6.08M | -3.24M | 6.22M | 1.96M | 1.79M | 437K | -1.8M | -5.33M | 3.51M | 3.33M | 2.78M | 389K |
| Free Cash Flow | -12.87M | 6.82M | 40.59M | 7.39M | 13.35M | -11.33M | -7.43M | 52.4M | 37.36M | 19.05M | 45.02M | 81.66M | 46.67M | 24.9M | 12.77M | -22.71M | -34.35M | -72.32M | -28.01M | 31.16M |
| FCF Margin % | -2.62% | 1.37% | 8.23% | 1.76% | 2.84% | -2.15% | -1.41% | 10.71% | 7.1% | 3.35% | 7.86% | 15.7% | 7.36% | 3.51% | 1.83% | -3.64% | -5.14% | -13% | -6.05% | 9.4% |
| FCF Growth % | -196.41% | 160.22% | 646.55% | -85.9% | -64.26% | -159.45% | -116.49% | -35.84% | -19.96% | -23.47% | 252.67% | 459.59% | 235.86% | 134.43% | 145.59% | -172.87% | -247.08% | -633.74% | -72.66% | 13.25% |
| FCF per Share | -1.09 | 0.58 | 3.45 | 0.63 | 1.14 | -0.97 | -0.64 | 4.52 | 3.22 | 1.65 | 3.89 | 7.06 | 4.04 | 2.16 | 1.10 | -1.98 | -2.98 | -6.29 | -2.44 | 2.72 |
| FCF Conversion (FCF/Net Income) | -2.50x | 2.96x | 19.70x | 3.75x | 8.20x | -0.38x | -0.30x | 7.31x | 3.42x | 1.78x | 5.31x | 22.11x | 4.20x | 0.87x | 0.40x | -0.78x | -0.70x | -2.36x | -1.17x | 18.48x |
| Interest Paid | 3.92M | 3.75M | 4.02M | 3.79M | 3.8M | 0 | 0 | 3.49M | 3.84M | 4.08M | 3.56M | 2.74M | 2.89M | 2.1M | 1.9M | 1.82M | 1.78M | 1.76M | 1.48M | 1.49M |
| Taxes Paid | 109K | 0 | 0 | -773K | 773K | 0 | 0 | 8M | 1.78M | 3.7M | 115K | 10.12M | 4.3M | 18.33M | 655K | 12.58M | 23.39M | 10.34M | 240K | -36K |