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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Olympic Steel's Debt-to-EBITDA or its related term are showing as below:
ZEUS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.49 Med: 3.99 Max: 9.08
Current: 4.1
During the past 13 years, the highest Debt-to-EBITDA Ratio of Olympic Steel was 9.08. The lowest was -18.49. And the median was 3.99.
ZEUS's Debt-to-EBITDA is not ranked
in the Steel industry.
Industry Median: 2.92
vs ZEUS: 4.10
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Olympic Steel Debt-to-EBITDA Related Terms
Olympic Steel Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Olympic Steel's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ZEUS vs MSB, NWPX, MTUS: Debt-to-EBITDA Comparison
For the Steel subindustry, Olympic Steel's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Olympic Steel Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Olympic Steel's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Sep. 2025) EBITDA data.
Olympic Steel (ZEUS) has a Debt-to-EBITDA of 4.64 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Olympic Steel. This is 16% above median its historical median of 3.99.
Is Olympic Steel's Debt-to-EBITDA too high?
Olympic Steel's current Debt-to-EBITDA of 4.64 is 16% above median its 10-year median of 3.99. The Steel industry median Debt-to-EBITDA is 2.92. Olympic Steel's value of 4.64 is 58.9% above this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Steel's Debt-to-EBITDA compare to MSB and NWPX?
Olympic Steel's Debt-to-EBITDA of 4.64 can be compared against companies in the Steel industry. The industry median Debt-to-EBITDA is 2.92. Olympic Steel's value of 4.64 is 58.9% above this benchmark. While the company's 10-year median is 3.99 vs. the industry median of 2.92, Olympic Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.92, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Olympic Steel's current Debt-to-EBITDA of 4.64 is 58.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Olympic Steel. For the Steel industry, the median Debt-to-EBITDA is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympic Steel's current Debt-to-EBITDA is 4.64, which is 16% above median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Steel stock overvalued right now?
Olympic Steel (ZEUS) has a current Debt-to-EBITDA of 4.64. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current Debt-to-EBITDA is 4.64, which is 16% above median its 10-year median of 3.99 and 58.9% above the Steel industry median of 2.92. Olympic Steel's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Olympic Steel (ZEUS), the current Debt-to-EBITDA is 4.64 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Olympic Steel (ZEUS) Overvalued in 2026?
Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued.
The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.
Key valuation signals for ZEUS:
Debt-to-EBITDA: 4.64 (16% above median its 10-year median of 3.99)
GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
No single metric tells the full story. See the ZEUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
58GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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