YOLFTbeta
Worthington Steel Inc

Worthington Steel Inc

WS · NYSE · Basic Materials / Steel

38.05USD-0.49 (-1.27%)

Price History

Full chart

Market Stats

Previous Close38.54
Open38.77
Day Range37.52 – 40.19
52-Week Range26.99 – 48.51
Volume193.81K
Market Cap1.82B
P/E (TTM)222.75
Forward P/E8.09
EPS0.16
Dividend Yield1.74%
Beta2.25
50-Day Avg35.57
200-Day Avg37.28

About

Worthington Steel, Inc., together with its subsidiaries, operates as a steel processor in the United States, Canada, Mexico, and internationally. The company offers carbon flat-rolled steel processing services, including pickling, specialty re-rolling, hot dip galvanizing, blanking, slitting, and cutting-to-length; laser welded solutions; precision magnetic steel laminations for the automotive, industrial motor, generator, and transformer industries; tailor and aluminum tailor welded blanks; steel toll processing services for steel mills, large end-users, and service centers; and automotive and electrical steel lamination stampings. It serves the automotive, construction, machinery and equipment, agriculture, heavy truck, and energy sectors. Worthington Steel, Inc. was incorporated in 2023 and is headquartered in Columbus, Ohio.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Geoffrey G. Gilmore
  • Employees5.40K
  • Headquarters100 West Old Wilson Bridge Road, Columbus, OH, United States, 43085, USA
  • Websitehttps://www.worthingtonsteel.com

Leadership

  • Mr. John B. BlystoneExecutive Chairman · b. 1954
  • Mr. Geoffrey G. GilmoreCEO, President & Director · b. 1972
  • Mr. Timothy A. AdamsVP & CFO · b. 1965
  • Mr. Jeffrey R. Klingler M.D.Executive VP & COO · b. 1972
  • Mr. Clifford J. LariveyPresident of Flat-Roll Steel Processing · b. 1974
  • Ms. Gwen Elizabeth JosephCorporate Controller & Principal Accounting Officer · b. 1981
  • Mr. William C. WertzVP & Chief Information Officer
  • Ms. Melissa H. DykstraVice President of Corporate Communication & Investor Relations
  • Mr. Joseph Y. HeuerVP, General Counsel & Secretary · b. 1977
  • Ms. Nikki M. BallingerVice President of Human Resources

Financials

Income Statement

Currency: USD2021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Revenue2.13B4.07B3.61B3.43B3.09B3.44B
Growth (%)-+91.26%-11.33%-4.91%-9.83%+11.33%
Cost of Revenue1.76B3.67B3.27B2.99B2.70B3.04B
Gross Profit370.84M395.50M336.50M439.80M388.60M402.60M
Gross Margin17.43%9.72%9.33%12.82%12.56%11.69%
Operating Expense149.32M168.90M216.20M245.30M241.60M297.50M
Operating Income221.52M226.60M120.30M194.50M147.00M105.10M
Operating Margin10.41%5.57%3.33%5.67%4.75%3.05%
EBITDA268.36M316.80M201.30M287.50M221.20M189.90M
EBITDA Margin12.61%7.79%5.58%8.38%7.15%5.51%
Net Income171.01M180.40M87.10M154.70M110.70M17.30M
Net Income Margin8.04%4.43%2.41%4.51%3.58%0.50%
Interest Expense-3.00M3.00M6.00M7.10M26.90M
Interest Expense % of Total Revenue-0.07%0.08%0.17%0.23%0.78%

Balance Sheet

Currency: USD2021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Assets1.37B2.08B1.76B1.87B1.96B2.27B
Total Liabilities551.82M817.66M609.80M748.90M763.90M990.20M
Total Equity661.33M1.13B1.03B985.30M1.07B1.07B
Cash17.46M20.05M32.70M40.20M38.00M84.60M
Total Debt8.11M153.90M80.40M223.90M227.90M354.40M
Net Debt-9.35M133.85M47.70M183.70M189.90M269.80M

Cash Flow

Currency: USD2021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Operating Cash Flow152.55M39.49M315.01M199.50M230.30M201.20M
Investing Cash Flow-27.69M-395.35M-22.15M-132.00M-129.10M-219.40M
Financing Cash Flow-116.68M358.45M-280.23M-60.00M-48.50M9.00M
Capital Expenditure28.80M36.44M45.47M103.40M130.40M121.20M
Free Cash Flow123.75M3.05M269.54M96.10M99.90M80.00M
Dividends Paid-007.90M31.90M32.60M
FCF to OCF81.12%7.72%85.57%48.17%43.38%39.76%
Dividend Paid to FCF-0.00%0.00%8.22%31.93%40.75%

Earnings

Report DateNov 1, 2023Dec 21, 2023Mar 21, 2024Jun 26, 2024Sep 25, 2024Dec 18, 2024Mar 19, 2025Jun 25, 2025Sep 24, 2025Dec 17, 2025Mar 25, 2026Jun 24, 2026Oct 6, 2026
EPS Estimate0.000.150.800.760.550.560.670.830.720.390.470.731.16
EPS Actual1.180.110.991.060.560.190.351.050.770.380.270.74-
Surprise--26.67%23.75%39.47%1.82%-66.07%-47.76%26.51%6.94%-2.56%-42.55%1.37%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.82B
Enterprise Value2.04B
Trailing P/E222.75
Forward P/E8.09
Price / Sales0.53
Price / Book1.66
EPS0.16
Book Value21.30
Revenue (TTM)3.44B
Gross Profit (TTM)403.30M
EBITDA229.60M
Profit Margin0.25%
Operating Margin5.79%
Return on Equity-1.05%
Return on Assets4.31%
Shares Outstanding50.95M
Shares Float45.09M
Beta2.25
Dividend Yield1.74%
Dividend Rate0.64
Payout Ratio29.63%

Analyst Ratings

Buy
Based on 2 analystsTarget 46.00
  • Strong Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
56.48%
Insiders
35.95%
Retail / Other
7.57%

Top Institutional Holders

  • BlackRock Inc
    5.10M10.02%
  • Dimensional Fund Advisors, Inc.
    2.57M5.04%
  • Vanguard Portfolio Management, LLC
    2.28M4.47%
  • State Street Corp
    2.26M4.44%
  • Vanguard Capital Management, LLC
    1.62M3.19%
  • AllianceBernstein L.P.
    956.24K1.88%
  • Geode Capital Management, LLC
    837.89K1.64%
  • Charles Schwab Investment Management Inc
    739.06K1.45%
  • Fisher Asset Management, LLC
    640.14K1.26%
  • Teacher Retirement System Of Texas
    564.80K1.11%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.99M3.90%
  • Vanguard Short-Term Investment-Grade Inv
    1.49M2.93%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.21M2.38%
  • Vanguard Interm-Term Invmt-Grade Inv
    1.16M2.27%
  • Vanguard Small Cap Index
    876.04K1.72%
  • iShares Russell 2000 ETF
    858.15K1.68%
  • Stt Strt®SPDR®S&P®Mtls &MngETF
    785.67K1.54%
  • Vanguard VIF High Yield Bond
    596.43K1.17%
  • Vanguard High-Yield Active ETF
    557.14K1.09%
  • Vanguard MStar Small Cap Value Index
    556.80K1.09%

Dividends

20263×
0.16Sep 15, 20260.16Jun 12, 20260.16Mar 13, 2026
20254×
0.16Dec 12, 20250.16Sep 12, 20250.16Jun 13, 20250.16Mar 14, 2025
20244×
0.16Dec 13, 20240.16Sep 13, 20240.16Jun 14, 20240.16Mar 13, 2024