Worthington Steel
WS
35.56
-2.63
-6.89%
Worthington Steel
US · WS
#2804 by market cap
Listed 2023
35.56
-2.63
-6.89%
Live - 5344 symbols - heartbeat 456s ago
· 2026-10-07 20:02
After-hours
35.92
+1.01%
- Market cap
- 1.78B
- P/E (TTM)i
- -46.18
- P/Bi
- 1.72
- EPSi
- 0.17
- Div yieldi
- 1.80%
- 52W posi
- 40%
Reader sentiment
Are you bullish or bearish on WS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.04, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 6 years
Latest year +11.33% YoY
Margins
- Gross margin
- 11.71%
- Operating margin
- 3.08%
- Net margin
- 0.25%
Key ratios & quality
- Enterprise valuei
- 1.97B
- Altman Z-Scorei
- 3.04
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | 2.13B | 4.07B | 3.61B | 3.43B | 3.09B | 3.44B |
| Gross profit | 370.84M | 395.50M | 336.50M | 439.80M | 388.60M | 403.30M |
| Selling & admin expenses | 147.44M | 180.30M | 200.80M | 224.40M | 231.60M | 297.40M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 223.41M | 215.20M | 135.70M | 215.40M | 157.00M | 105.90M |
| Pretax profit | 237.15M | 254.30M | 128.70M | 216.20M | 148.10M | 7.10M |
| Tax | 48.48M | 54.00M | 29.00M | 46.10M | 28.80M | 20.00M |
| Net profit | 188.67M | 200.30M | 99.70M | 170.10M | 119.30M | -12.90M |
| Basic EPS | 3 | 4 | 2 | 3 | 2 | 0 |
| Diluted EPS | 3.42 | 3.61 | 1.74 | 3.11 | 2.19 | 0.17 |
| Line item | 2025-02 | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 |
|---|---|---|---|---|---|---|
| Revenue | 687.40M | 832.90M | 872.90M | 871.90M | 769.80M | 929.20M |
| Gross profit | 81.20M | 127.00M | 115.20M | 93.20M | 76.10M | 118.80M |
| Selling & admin expenses | 54.60M | 58.90M | 67.90M | 70.90M | 77.50M | 81.10M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 26.60M | 68.10M | 47.30M | 22.30M | -1.40M | 37.70M |
| Pretax profit | 17.10M | 75.10M | 52.00M | 25.70M | 14.30M | -84.90M |
| Tax | 5.00M | 16.20M | 13.40M | 4.20M | 3.50M | -1.10M |
| Net profit | 12.10M | 58.90M | 38.60M | 21.50M | 10.80M | -83.80M |
| Basic EPS | 0 | 1 | 1 | 0 | 0 | -1 |
| Diluted EPS | 0.27 | 1.10 | 0.72 | 0.37 | 0.20 | -0.98 |
Balance sheet
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total current assets | 940.12M | 1.27B | 980.90M | 1.00B | 1.05B | 1.13B |
| Cash & ST investments | 17.46M | 20.05M | 32.70M | 40.20M | 38.00M | 84.60M |
| Inventory | 442.93M | 569.50M | 414.80M | 405.30M | 422.00M | 415.70M |
| Total assets | 1.37B | 2.08B | 1.76B | 1.87B | 1.96B | 2.25B |
| Total current liabilities | 506.10M | 657.95M | 478.40M | 618.40M | 631.50M | 775.80M |
| Short-term debt | 2.93M | 68.64M | 28.70M | 155.60M | 156.90M | 225.70M |
| Long-term debt | -- | 20.00M | -- | -- | 2.30M | 44.40M |
| Total liabilities | 551,822,000.00 | 817,665,000.00 | 609,800,000.00 | 748,900,000.00 | 763,900,000.00 | 989,500,000.00 |
| Total equity | 814.83M | 1.27B | 1.15B | 1.12B | 1.20B | 1.26B |
| Retained earnings | -- | -- | 0 | 86.10M | 164.20M | 140.00M |
| Line item | 2025-02 | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 |
|---|---|---|---|---|---|---|
| Total current assets | 912.60M | 1.05B | 1.15B | 1.05B | 1.11B | 1.13B |
| Cash & ST investments | 63.30M | 38.00M | 78.30M | 89.80M | 90.00M | 84.60M |
| Inventory | 342.30M | 422.00M | 478.50M | 413.00M | 435.60M | 415.70M |
| Total assets | 1.80B | 1.96B | 2.24B | 2.15B | 2.32B | 2.25B |
| Total current liabilities | 521.00M | 631.50M | 693.60M | 584.90M | 745.60M | 775.80M |
| Short-term debt | 117.40M | 156.90M | 203.30M | 153.10M | 233.50M | 225.70M |
| Long-term debt | 2.20M | 2.30M | 43.10M | 41.70M | 31.60M | 44.40M |
| Total liabilities | 656,600,000.00 | 763,900,000.00 | 912,400,000.00 | 803,100,000.00 | 958,100,000.00 | 989,500,000.00 |
| Total equity | 1.14B | 1.20B | 1.33B | 1.35B | 1.36B | 1.26B |
| Retained earnings | 116.50M | 164.20M | 192.50M | 203.50M | 205.70M | 140.00M |
Cash flow
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Operating cash flow | 152.55M | 39.50M | 315.00M | 199.50M | 230.30M | 201.20M |
| Depreciation & amortization | 44.95M | 59.50M | 69.60M | 65.30M | 66.00M | 84.20M |
| Free cash flow | 123.75M | 3.10M | 269.50M | 96.10M | 99.90M | 80.00M |
| Dividends paid | -- | 0 | 0 | -157.90M | -31.90M | -32.60M |
| Stock buybacks / issuance | -105.99M | 0 | 0 | -- | -- | -- |
| Ending cash balance | 17.46M | 20.10M | 32.70M | 40.20M | 92.90M | 84.60M |
| Line item | 2025-02 | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 |
|---|---|---|---|---|---|---|
| Operating cash flow | 53.80M | 53.90M | -6.30M | 99.30M | 63.30M | 44.90M |
| Depreciation & amortization | 16.60M | 16.90M | 20.30M | 21.70M | 21.60M | 20.60M |
| Free cash flow | 25.20M | 8.40M | -35.70M | 74.60M | 33.30M | 7.80M |
| Dividends paid | -8.00M | -8.00M | -8.10M | -8.40M | -8.10M | -8.00M |
| Stock buybacks / issuance | -- | -- | -1.60M | -3.20M | -- | -- |
| Ending cash balance | 63.30M | 92.90M | 78.30M | 89.80M | 90.00M | 84.60M |
Returns & efficiency
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| ROE %i | 25.86 | 20.10 | 7.80 | 15.36 | 10.75 | 0.80 |
| ROA %i | 12.51 | 10.45 | 4.38 | 8.52 | 5.78 | 0.40 |
| ROIC %i | 25.55 | 18.44 | 6.98 | 13.63 | 9.27 | 1.88 |
| 5-year avg ROE %i | -- | -- | -- | -- | 16.03 | 11.01 |
| EBIT margin %i | 10.50 | 5.29 | 3.96 | 6.48 | 5.02 | 1.03 |
| FCF / sales %i | 5.82 | 0.07 | 7.46 | 2.80 | 3.23 | 2.32 |
| Current ratioi | 1.86 | 1.93 | 2.05 | 1.62 | 1.66 | 1.46 |
| Quick ratioi | 0.84 | 0.94 | 1.06 | 0.84 | 0.76 | 0.77 |
| Debt / assetsi | 0.59 | 7.38 | 5.69 | 12.00 | 11.62 | 15.73 |
| LT debt / equityi | 0.78 | 7.52 | 6.97 | 6.93 | 6.61 | 12.09 |
| Interest coveragei | -- | -- | -- | 37.03 | 21.86 | 1.25 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 17.27 | -8.73 | -1.54 |
| Net income CAGR (3Y) %i | -- | -- | -- | -3.29 | -15.02 | -53.96 |
| FCF CAGR (3Y) %i | -- | -- | -- | -8.08 | 218.23 | -33.29 |
| Line item | 2025-02 | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 |
|---|---|---|---|---|---|---|
| ROE %i | 11.10 | 10.75 | 11.22 | 11.76 | 11.39 | 0.80 |
| ROA %i | 5.93 | 5.78 | 5.82 | 6.43 | 5.91 | 0.40 |
| ROIC %i | 9.74 | 9.27 | 9.40 | 10.12 | 9.59 | 1.88 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.94 | 5.02 | 5.47 | 5.45 | 5.25 | 1.03 |
| FCF / sales %i | 2.60 | 3.23 | 0.99 | 2.22 | 2.41 | 2.32 |
| Current ratioi | 1.75 | 1.66 | 1.66 | 1.80 | 1.48 | 1.46 |
| Quick ratioi | 0.93 | 0.76 | 0.82 | 0.92 | 0.74 | 0.77 |
| Debt / assetsi | 10.51 | 11.62 | 14.86 | 12.97 | 15.23 | 15.73 |
| LT debt / equityi | 7.09 | 6.61 | 11.77 | 11.25 | 10.59 | 12.09 |
| Interest coveragei | 18.45 | 21.86 | 23.15 | 22.24 | 20.21 | 1.25 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Direct is the largest reported line at 96.51% of revenue, across 2 reported segments.
- The next-largest line, Toll, is a distant second at 3.49% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Direct96.51%
Toll3.49%
Region
United States74.36%
Canada11.39%
Rest of world8.21%
Mexico6.04%
Quote time 2026-10-07 20:02:48 · For reference only, not investment advice and not tailored to your situation.