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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $276.3M, roughly 1.8× PATHWARD FINANCIAL, INC.). PATHWARD FINANCIAL, INC. runs the higher net margin — 26.4% vs 0.4%, a 25.9% gap on every dollar of revenue. Over the past eight quarters, PATHWARD FINANCIAL, INC.'s revenue compounded faster (21.0% CAGR vs 0.1%).
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
CASH vs ZEUS — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $276.3M | $490.7M |
| Net Profit | $72.9M | $2.2M |
| Gross Margin | — | — |
| Operating Margin | — | 1.5% |
| Net Margin | 26.4% | 0.4% |
| Revenue YoY | — | 4.4% |
| Net Profit YoY | — | -21.2% |
| EPS (diluted) | $3.35 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | — | ||
| Q3 25 | $186.7M | $490.7M | ||
| Q2 25 | $195.8M | $496.5M | ||
| Q1 25 | $274.8M | $492.9M | ||
| Q4 24 | $182.6M | $418.8M | ||
| Q3 24 | $179.5M | $470.0M | ||
| Q2 24 | $188.6M | $526.3M |
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | — | ||
| Q3 25 | $38.8M | $2.2M | ||
| Q2 25 | $42.1M | $5.2M | ||
| Q1 25 | $75.0M | $2.5M | ||
| Q4 24 | $30.0M | $3.9M | ||
| Q3 24 | $33.5M | $2.7M | ||
| Q2 24 | $44.9M | $7.7M |
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | — | ||
| Q3 25 | 25.9% | 1.5% | ||
| Q2 25 | 24.1% | 2.3% | ||
| Q1 25 | 33.2% | 1.6% | ||
| Q4 24 | 19.8% | 2.1% | ||
| Q3 24 | 20.9% | 1.7% | ||
| Q2 24 | 27.1% | 2.9% |
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | — | ||
| Q3 25 | 20.8% | 0.4% | ||
| Q2 25 | 21.5% | 1.1% | ||
| Q1 25 | 27.3% | 0.5% | ||
| Q4 24 | 16.4% | 0.9% | ||
| Q3 24 | 18.7% | 0.6% | ||
| Q2 24 | 23.8% | 1.5% |
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | — | ||
| Q3 25 | $1.69 | $0.18 | ||
| Q2 25 | $1.81 | $0.45 | ||
| Q1 25 | $3.14 | $0.21 | ||
| Q4 24 | $1.23 | $0.33 | ||
| Q3 24 | $1.34 | $0.23 | ||
| Q2 24 | $1.78 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.6M | $7.5M |
| Total DebtLower is stronger | $59.5M | $240.9M |
| Stockholders' EquityBook value | $850.7M | $579.1M |
| Total Assets | $7.1B | $1.1B |
| Debt / EquityLower = less leverage | 0.07× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | — | ||
| Q3 25 | $120.6M | $7.5M | ||
| Q2 25 | $258.3M | $14.8M | ||
| Q1 25 | $254.2M | $13.3M | ||
| Q4 24 | $597.4M | $11.9M | ||
| Q3 24 | $158.3M | $11.1M | ||
| Q2 24 | $298.9M | $9.4M |
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | — | ||
| Q3 25 | $33.5M | $240.9M | ||
| Q2 25 | $33.4M | $233.2M | ||
| Q1 25 | $33.4M | $235.4M | ||
| Q4 24 | $33.4M | $272.5M | ||
| Q3 24 | $33.4M | $197.3M | ||
| Q2 24 | $33.3M | $209.2M |
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | — | ||
| Q3 25 | $858.0M | $579.1M | ||
| Q2 25 | $819.0M | $578.2M | ||
| Q1 25 | $814.7M | $574.2M | ||
| Q4 24 | $758.3M | $573.9M | ||
| Q3 24 | $822.5M | $570.6M | ||
| Q2 24 | $748.4M | $569.5M |
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | — | ||
| Q3 25 | $7.2B | $1.1B | ||
| Q2 25 | $7.2B | $1.1B | ||
| Q1 25 | $7.0B | $1.1B | ||
| Q4 24 | $7.6B | $1.0B | ||
| Q3 24 | $7.5B | $1.0B | ||
| Q2 24 | $7.5B | $1.0B |
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | 0.42× | ||
| Q2 25 | 0.04× | 0.40× | ||
| Q1 25 | 0.04× | 0.41× | ||
| Q4 24 | 0.04× | 0.47× | ||
| Q3 24 | 0.04× | 0.35× | ||
| Q2 24 | 0.04× | 0.37× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-5.4M |
| Free Cash FlowOCF − Capex | — | $-12.9M |
| FCF MarginFCF / Revenue | — | -2.6% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | — | ||
| Q3 25 | $303.7M | $-5.4M | ||
| Q2 25 | $30.4M | $15.5M | ||
| Q1 25 | $188.3M | $49.4M | ||
| Q4 24 | $-71.7M | $14.6M | ||
| Q3 24 | $143.1M | $24.6M | ||
| Q2 24 | $113.2M | $-2.9M |
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | — | ||
| Q3 25 | $300.3M | $-12.9M | ||
| Q2 25 | $27.7M | $6.8M | ||
| Q1 25 | $184.7M | $40.6M | ||
| Q4 24 | $-73.8M | $7.4M | ||
| Q3 24 | $138.8M | $15.6M | ||
| Q2 24 | $111.0M | $-11.3M |
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | — | ||
| Q3 25 | 160.9% | -2.6% | ||
| Q2 25 | 14.1% | 1.4% | ||
| Q1 25 | 67.2% | 8.2% | ||
| Q4 24 | -40.4% | 1.8% | ||
| Q3 24 | 77.3% | 3.3% | ||
| Q2 24 | 58.8% | -2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.8% | 1.5% | ||
| Q2 25 | 1.4% | 1.7% | ||
| Q1 25 | 1.3% | 1.8% | ||
| Q4 24 | 1.1% | 1.7% | ||
| Q3 24 | 2.4% | 1.9% | ||
| Q2 24 | 1.2% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | -2.50× | ||
| Q2 25 | 0.72× | 2.96× | ||
| Q1 25 | 2.51× | 19.70× | ||
| Q4 24 | -2.39× | 3.75× | ||
| Q3 24 | 4.27× | 9.01× | ||
| Q2 24 | 2.52× | -0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
