Olympic Retained Earnings from 2010 to 2024

ZEUS Stock  USD 42.31  0.80  1.93%   
Olympic Steel Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Olympic Steel retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1994-03-31
Previous Quarter
431.9 M
Current Value
433 M
Quarterly Volatility
107.3 M
 
Dot-com Bubble
 
Housing Crash
 
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 Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Olympic Steel over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Olympic Steel's Retained Earnings 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.
ViewLast Reported 418.9 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Olympic Retained Earnings Regression Statistics

Arithmetic Mean208,754,587
Geometric Mean165,828,609
Coefficient Of Variation57.53
Mean Deviation92,887,927
Median172,843,000
Standard Deviation120,094,995
Sample Variance14422.8T
Range429.7M
R-Value0.83
Mean Square Error4764.3T
R-Squared0.69
Significance0.0001
Slope22,359,399
Total Sum of Squares201919.3T

Olympic Retained Earnings History

2024439.8 M
2023418.9 M
2022379.9 M
2021293 M
2020172.8 M
2019179.3 M
2018176.3 M

Other Fundumenentals of Olympic Steel

Olympic Steel Retained Earnings component correlations

0.670.760.640.890.890.910.950.130.350.090.730.710.37-0.720.720.30.26-0.42-0.02-0.48-0.40.680.630.1
0.670.240.990.520.60.430.63-0.040.820.40.740.270.08-0.540.790.570.03-0.45-0.22-0.65-0.60.810.70.78
0.760.240.20.770.740.950.80.40.0-0.150.430.980.35-0.530.220.040.68-0.190.22-0.22-0.180.390.48-0.18
0.640.990.20.490.580.390.6-0.060.830.410.670.220.02-0.450.810.540.04-0.42-0.18-0.61-0.580.840.720.81
0.890.520.770.490.770.930.840.070.270.230.530.740.49-0.650.470.040.43-0.40.17-0.27-0.170.50.50.03
0.890.60.740.580.770.820.970.170.17-0.230.680.67-0.02-0.50.730.460.34-0.5-0.14-0.65-0.580.760.790.12
0.910.430.950.390.930.820.890.240.170.030.540.910.46-0.650.410.070.55-0.280.18-0.28-0.20.490.53-0.08
0.950.630.80.60.840.970.890.210.22-0.120.690.740.13-0.580.710.370.38-0.45-0.05-0.56-0.490.750.780.11
0.13-0.040.4-0.060.070.170.240.21-0.1-0.310.110.460.0-0.08-0.050.160.46-0.160.17-0.12-0.220.170.24-0.13
0.350.820.00.830.270.170.170.22-0.10.690.430.050.15-0.320.540.360.02-0.21-0.05-0.32-0.350.60.370.85
0.090.4-0.150.410.23-0.230.03-0.12-0.310.69-0.02-0.070.52-0.220.07-0.18-0.050.140.140.320.250.11-0.060.46
0.730.740.430.670.530.680.540.690.110.43-0.020.450.14-0.850.620.75-0.15-0.66-0.52-0.84-0.750.530.460.32
0.710.270.980.220.740.670.910.740.460.05-0.070.450.39-0.580.130.070.68-0.180.19-0.21-0.180.360.47-0.1
0.370.080.350.020.49-0.020.460.130.00.150.520.140.39-0.61-0.19-0.450.030.160.320.350.46-0.25-0.3-0.23
-0.72-0.54-0.53-0.45-0.65-0.5-0.65-0.58-0.08-0.32-0.22-0.85-0.58-0.61-0.32-0.370.120.430.30.460.35-0.22-0.16-0.06
0.720.790.220.810.470.730.410.71-0.050.540.070.620.13-0.19-0.320.58-0.07-0.45-0.27-0.65-0.630.870.720.45
0.30.570.040.540.040.460.070.370.160.36-0.180.750.07-0.45-0.370.58-0.24-0.62-0.77-0.89-0.940.560.480.47
0.260.030.680.040.430.340.550.380.460.02-0.05-0.150.680.030.12-0.07-0.240.010.560.120.090.340.480.03
-0.42-0.45-0.19-0.42-0.4-0.5-0.28-0.45-0.16-0.210.14-0.66-0.180.160.43-0.45-0.620.010.30.740.7-0.39-0.34-0.21
-0.02-0.220.22-0.180.17-0.140.18-0.050.17-0.050.14-0.520.190.320.3-0.27-0.770.560.30.590.55-0.16-0.13-0.16
-0.48-0.65-0.22-0.61-0.27-0.65-0.28-0.56-0.12-0.320.32-0.84-0.210.350.46-0.65-0.890.120.740.590.91-0.61-0.57-0.44
-0.4-0.6-0.18-0.58-0.17-0.58-0.2-0.49-0.22-0.350.25-0.75-0.180.460.35-0.63-0.940.090.70.550.91-0.62-0.55-0.47
0.680.810.390.840.50.760.490.750.170.60.110.530.36-0.25-0.220.870.560.34-0.39-0.16-0.61-0.620.940.6
0.630.70.480.720.50.790.530.780.240.37-0.060.460.47-0.3-0.160.720.480.48-0.34-0.13-0.57-0.550.940.49
0.10.78-0.180.810.030.12-0.080.11-0.130.850.460.32-0.1-0.23-0.060.450.470.03-0.21-0.16-0.44-0.470.60.49
Click cells to compare fundamentals

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Retained Earnings418.9 M439.8 M
Retained Earnings Total Equity436.9 M458.8 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Olympic Stock Analysis

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.