ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Olympic Steel's annualized net income for the quarter that ended in Sep. 2025 was $9 Mil. Olympic Steel's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was $579 Mil. Therefore, Olympic Steel's annualized ROE % for the quarter that ended in Sep. 2025 was 1.49%.
The historical rank and industry rank for Olympic Steel's ROE % or its related term are showing as below:
ZEUS'
s ROE % Range Over the Past 10 Years
Min: -10 Med: 5.64 Max: 33.37
Current: 2.4
During the past 13 years, Olympic Steel's highest ROE % was 33.37%. The lowest was -10.00%. And the median was 5.64%.
ZEUS's ROE % is not ranked
in the Steel industry.
Industry Median: 3.7
vs ZEUS: 2.40
Olympic Steel (NAS:ZEUS) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Olympic Steel ROE % Related Terms
Olympic Steel ROE % Historical Data
* Premium members only.
The historical data trend for Olympic Steel's ROE % 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.
For the Steel subindustry, Olympic Steel's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's ROE % distribution charts can be found below:
* The bar in red indicates where Olympic Steel's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Olympic Steel (ZEUS) has a ROE % of 1.49% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Olympic Steel and its competitors. This is 74% below median its historical median of 5.64.
Is Olympic Steel's ROE % too high?
Olympic Steel's current ROE % of 1.49% is 74% below median its 10-year median of 5.64. The Steel industry median ROE % is 3.70. Olympic Steel's value of 1.49% is 59.7% below 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 ROE % compare to MSB and NWPX?
Olympic Steel's ROE % of 1.49% can be compared against companies in the Steel industry. The industry median ROE % is 3.70. Olympic Steel's value of 1.49% is 59.7% below this benchmark. While the company's 10-year median is 5.64 vs. the industry median of 3.70, Olympic Steel has consistently been below 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 ROE % for a Steel company?
The median ROE % among Steel companies is 3.70, based on 623 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Olympic Steel's current ROE % of 1.49% is 59.7% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Olympic Steel and its competitors. For the Steel industry, the median ROE % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympic Steel's current ROE % is 1.49%, which is 74% below median its own 10-year median of 5.64. 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 ROE % of 1.49%. 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 ROE % is 1.49%, which is 74% below median its 10-year median of 5.64 and 59.7% below the Steel industry median of 3.70. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Olympic Steel (ZEUS), the current ROE % is 1.49% 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:
ROE %: 1.49% (74% below median its 10-year median of 5.64)
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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