What is Olympic Steel Inc's ROI in the fourth quarter of 2024?
Olympic Steel Inc achieved a return on average invested assets (ROI) of
2.7 % in its fourth quarter of 2024, which is below Olympic Steel Inc's average return on investment, which stands at 2.93%.
ROI fell compared to the third quarter of 2024, despite the net income growth of 42.25% from the third quarter of 2024.
Within the
Basic Materials sector 134 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the third quarter of 2024 from
1524 to
1681.
Definition and Formula of Return on Investment
Return On Investment |
(Dec 31 2024) IV. Quarter |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
Y / Y Investment Change TTM |
3.71 % |
2.87 % |
1.99 % |
1.6 % |
2.71 % |
Y / Y Net Income Change TTM |
-48.39 % |
-35.49 % |
24.77 % |
213.46 % |
1024.75 % |
Investment (TTM) in Millions |
912 |
835 |
841 |
819 |
805 |
Return On Investment (TTM) |
2.7 % |
3.21 % |
4.4 % |
5.31 % |
5.42 % |
ZEUS's Overall
Ranking |
# 1681 |
# 1524 |
# 1374 |
# 1238 |
# 1363 |
Seq. Investment Change TTM |
3.25 % |
0.88 % |
0.18 % |
-0.61 % |
2.42 % |
Seq. Net Income Change TTM |
-13.28 % |
-26.38 % |
-16.97 % |
-2.64 % |
8.4 % |
Net Income (TTM) in Millions |
23 |
26 |
36 |
43 |
45 |