Free Trial
→ New “Trump” currency proposed in DC (From Paradigm Press) (Ad) Buy WS Stock  Free WS Stock Alerts

Worthington Steel (WS) Financials

Worthington Steel logo
$24.10 +0.29 (+1.21%)
Closing price 03:59 PM Eastern
Extended Trading
$25.64 +1.54 (+6.38%)
As of 07:06 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for Worthington Steel

Annual Income Statements for Worthington Steel

This table shows Worthington Steel's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 180 87 155
Consolidated Net Income / (Loss)		 200 100 170
Net Income / (Loss) Continuing Operations		 200 100 170
Total Pre-Tax Income 		254 129 216
Total Operating Income		 227 120 195
Total Gross Profit		 396 337 440
Total Revenue		 4,069 3,608 3,431
Operating Revenue		 4,069 3,608 3,431
Total Cost of Revenue		 3,673 3,271 2,991
Operating Cost of Revenue		 3,673 3,271 2,991
Total Operating Expenses		 169 216 245
Selling, General & Admin Expense		 180 201 224
Other Operating Expenses / (Income)		 0.00 18 20
Impairment Charge		 3.10 2.10 1.40
Restructuring Charge		 -15 -4.20 0.00
Total Other Income / (Expense), net		 28 8.40 22
Interest Expense		 3.00 3.00 6.00
Interest & Investment Income		 30 7.70 22
Other Income / (Expense), net		 0.90 3.70 5.30
Income Tax Expense		 54 29 46
Net Income / (Loss) Attributable to Noncontrolling Interest		 20 13 15
Basic Earnings per Share		 $3.66 $1.77 $3.14
Weighted Average Basic Shares Outstanding		 49.30M 49.30M 49.30M
Diluted Earnings per Share		 $3.66 $1.77 $3.11
Weighted Average Diluted Shares Outstanding		 49.30M 49.30M 49.80M
Weighted Average Basic & Diluted Shares Outstanding		 - - 50.39M
Cash Dividends to Common per Share		 - - $0.32

Quarterly Income Statements for Worthington Steel

This table shows Worthington Steel's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025
Net Income / (Loss) Attributable to Common Shareholders		 5.40 59 -6.00 49 28 13
Consolidated Net Income / (Loss)		 9.30 62 -2.10 52 32 16
Net Income / (Loss) Continuing Operations		 9.30 62 -2.10 52 32 16
Total Pre-Tax Income 		10 79 -4.60 66 36 20
Total Operating Income		 9.50 70 -8.80 66 43 19
Total Gross Profit		 63 129 60 120 100 80
Total Revenue		 781 906 808 806 834 739
Operating Revenue		 781 906 808 806 834 739
Total Cost of Revenue		 718 777 748 686 734 659
Operating Cost of Revenue		 718 777 748 686 734 659
Total Operating Expenses		 54 59 69 54 57 61
Selling, General & Admin Expense		 50 54 54 53 57 61
Other Operating Expenses / (Income)		 4.00 3.60 15 1.00 0.00 0.00
Impairment Charge		 0.00 1.40 0.00 0.00 0.00 0.00
Total Other Income / (Expense), net		 0.60 9.40 4.20 0.10 -7.20 0.80
Interest Expense		 0.50 0.50 0.20 2.90 2.60 2.10
Interest & Investment Income		 -0.20 9.00 3.80 2.90 1.30 -0.90
Other Income / (Expense), net		 1.30 0.90 0.60 0.10 -5.90 3.80
Income Tax Expense		 0.80 17 -2.50 14 4.00 3.60
Net Income / (Loss) Attributable to Noncontrolling Interest		 3.90 3.60 3.90 3.40 3.80 3.30
Basic Earnings per Share		 $0.11 $1.19 ($0.12) $0.99 $0.57 $0.26
Weighted Average Basic Shares Outstanding		 49.30M 49.30M 49.30M 49.30M 49.40M 49.50M
Diluted Earnings per Share		 $0.11 $1.19 ($0.12) $0.98 $0.56 $0.25
Weighted Average Diluted Shares Outstanding		 49.30M 49.30M 49.30M 50.30M 50.40M 50.60M
Weighted Average Basic & Diluted Shares Outstanding		 - - - 50.38M 50.78M 50.75M
Cash Dividends to Common per Share		 $0.00 $0.00 $0.00 $0.16 $0.16 $0.16

Annual Cash Flow Statements for Worthington Steel

This table details how cash moves in and out of Worthington Steel's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents		 2.60 13 7.50
Net Cash From Operating Activities		 40 315 200
Net Cash From Continuing Operating Activities		 40 315 200
Net Income / (Loss) Continuing Operations		 200 100 170
Consolidated Net Income / (Loss)		 200 100 170
Depreciation Expense		 60 70 65
Non-Cash Adjustments To Reconcile Net Income		 -30 16 -6.60
Changes in Operating Assets and Liabilities, net		 -190 130 -29
Net Cash From Investing Activities		 -395 -22 -123
Net Cash From Continuing Investing Activities		 -395 -22 -123
Purchase of Property, Plant & Equipment		 -36 -46 -103
Acquisitions		 -377 0.00 -21
Other Investing Activities, net		 18 23 1.20
Net Cash From Financing Activities		 358 -280 -69
Net Cash From Continuing Financing Activities		 358 -280 -69
Repayment of Debt		 77 -60 145
Payment of Dividends		 -35 -20 -167
Issuance of Common Equity		 0.00 - 0.30
Other Financing Activities, net		 317 -200 -48

Quarterly Cash Flow Statements for Worthington Steel

This table details how cash moves in and out of Worthington Steel's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q4 2024 Q1 2025 Q2 2025
Net Change in Cash & Equivalents		 - -5.30 187 -21 -4.20 16
Net Cash From Operating Activities		 79 -21 140 36 55 68
Net Cash From Continuing Operating Activities		 79 -21 140 36 55 68
Net Income / (Loss) Continuing Operations		 72 62 -2.10 58 32 16
Consolidated Net Income / (Loss)		 72 62 -2.10 58 32 16
Depreciation Expense		 17 17 16 16 16 16
Non-Cash Adjustments To Reconcile Net Income		 1.50 -5.50 -0.60 0.40 1.00 9.80
Changes in Operating Assets and Liabilities, net		 -11 -94 126 -39 5.20 26
Net Cash From Investing Activities		 -9.00 -17 -39 -44 -22 -34
Net Cash From Continuing Investing Activities		 -9.00 -17 -39 -44 -22 -34
Purchase of Property, Plant & Equipment		 -9.10 -17 -19 -45 -22 -35
Other Investing Activities, net		 0.10 0.00 0.80 0.40 0.00 1.10
Net Cash From Financing Activities		 -70 33 86 -12 -37 -18
Net Cash From Continuing Financing Activities		 -70 33 86 -12 -37 -18
Repayment of Debt		 -45 -2.80 175 271 -172 139
Payment of Dividends		 -8.40 -1.90 - -13 -9.90 -11
Other Financing Activities, net		 -61 37 -89 - -1.60 1.60

Annual Balance Sheets for Worthington Steel

This table presents Worthington Steel's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024
Total Assets		 1,764 1,866
Total Current Assets		 981 1,002
Cash & Equivalents		 33 40
Accounts Receivable		 468 473
Inventories, net		 415 405
Prepaid Expenses		 58 77
Current Deferred & Refundable Income Taxes		 4.30 4.20
Other Current Nonoperating Assets		 3.40 2.90
Plant, Property, & Equipment, net		 414 475
Plant, Property & Equipment, gross		 1,074 1,192
Accumulated Depreciation		 660 718
Total Noncurrent Assets		 369 390
Long-Term Investments		 115 135
Goodwill		 79 80
Intangible Assets		 83 77
Noncurrent Deferred & Refundable Income Taxes		 6.30 8.50
Other Noncurrent Operating Assets		 86 90
Total Liabilities & Shareholders' Equity		 1,764 1,866
Total Liabilities		 610 749
Total Current Liabilities		 478 618
Short-Term Debt		 23 148
Accounts Payable		 402 380
Accrued Expenses		 16 16
Dividends Payable		 0.00 8.70
Current Deferred & Payable Income Tax Liabilities		 0.00 5.20
Current Employee Benefit Liabilities		 32 53
Other Current Liabilities		 5.90 7.60
Total Noncurrent Liabilities		 131 131
Noncurrent Deferred & Payable Income Tax Liabilities		 26 28
Other Noncurrent Operating Liabilities		 105 103
Total Equity & Noncontrolling Interests		 1,155 1,118
Total Preferred & Common Equity		 1,029 985
Preferred Stock		 0.00 0.00
Total Common Equity		 1,029 985
Common Stock		 0.00 905
Retained Earnings		 0.00 86
Accumulated Other Comprehensive Income / (Loss)		 -2.10 -6.10
Other Equity Adjustments		 1,031 0.00
Noncontrolling Interest		 126 132

Quarterly Balance Sheets for Worthington Steel

This table presents Worthington Steel's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q1 2025 Q2 2025
Total Assets		 1,849 1,829 1,739
Total Current Assets		 1,023 956 857
Cash & Equivalents		 61 36 52
Accounts Receivable		 469 443 373
Inventories, net		 408 392 343
Prepaid Expenses		 77 74 79
Current Deferred & Refundable Income Taxes		 6.20 7.60 9.20
Other Current Nonoperating Assets		 1.80 2.90 1.80
Plant, Property, & Equipment, net		 447 487 505
Plant, Property & Equipment, gross		 1,157 1,218 1,250
Accumulated Depreciation		 710 731 745
Total Noncurrent Assets		 379 387 377
Long-Term Investments		 130 136 130
Goodwill		 80 80 80
Intangible Assets		 79 76 74
Noncurrent Deferred & Refundable Income Taxes		 5.80 8.50 8.50
Other Noncurrent Operating Assets		 84 87 84
Total Liabilities & Shareholders' Equity		 1,849 1,829 1,739
Total Liabilities		 779 686 594
Total Current Liabilities		 645 558 468
Short-Term Debt		 147 122 115
Accounts Payable		 407 359 286
Accrued Expenses		 15 13 16
Dividends Payable		 8.50 8.80 9.00
Current Deferred & Payable Income Tax Liabilities		 14 7.30 1.20
Current Employee Benefit Liabilities		 47 40 34
Other Current Liabilities		 6.70 7.40 7.40
Total Noncurrent Liabilities		 133 128 127
Noncurrent Deferred & Payable Income Tax Liabilities		 27 27 27
Other Noncurrent Operating Liabilities		 107 101 100
Total Equity & Noncontrolling Interests		 1,070 1,143 1,145
Total Preferred & Common Equity		 938 1,009 1,011
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 938 1,009 1,011
Common Stock		 903 907 910
Retained Earnings		 41 106 111
Accumulated Other Comprehensive Income / (Loss)		 -6.30 -3.90 -9.80
Other Equity Adjustments		 0.00 0.00 0.00
Noncontrolling Interest		 133 134 134

Annual Metrics and Ratios for Worthington Steel

This table displays calculated financial ratios and metrics derived from Worthington Steel's official financial filings.

Metric 2022 2023 2024
Growth Metrics		 - - -
Revenue Growth		 0.00% -11.33% -4.91%
EBITDA Growth		 0.00% -32.54% 36.93%
EBIT Growth		 0.00% -45.49% 61.13%
NOPAT Growth		 0.00% -47.79% 64.20%
Net Income Growth		 0.00% -50.22% 70.61%
EPS Growth		 0.00% -51.64% 75.71%
Operating Cash Flow Growth		 0.00% 697.47% -36.67%
Free Cash Flow Firm Growth		 0.00% 0.00% 108.96%
Invested Capital Growth		 0.00% 0.00% 6.76%
Revenue Q/Q Growth		 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -17.97%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00%
Profitability Metrics		 - - -
Gross Margin		 9.72% 9.33% 12.82%
EBITDA Margin		 7.05% 5.37% 7.73%
Operating Margin		 5.57% 3.33% 5.67%
EBIT Margin		 5.59% 3.44% 5.82%
Profit (Net Income) Margin		 4.92% 2.76% 4.96%
Tax Burden Percent		 78.77% 77.47% 78.68%
Interest Burden Percent		 111.78% 103.79% 108.21%
Effective Tax Rate		 21.23% 22.53% 21.32%
Return on Invested Capital (ROIC)		 0.00% 18.15% 14.42%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 7.98% -8.45%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -0.88% 0.56%
Return on Equity (ROE)		 0.00% 17.27% 14.97%
Cash Return on Invested Capital (CROIC)		 0.00% -181.85% 7.88%
Operating Return on Assets (OROA)		 0.00% 7.03% 11.01%
Return on Assets (ROA)		 0.00% 5.65% 9.37%
Return on Common Equity (ROCE)		 0.00% 15.39% 13.27%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 9.69% 17.26%
Net Operating Profit after Tax (NOPAT)		 178 93 153
NOPAT Margin		 4.39% 2.58% 4.46%
Net Nonoperating Expense Percent (NNEP)		 0.00% 10.18% 22.87%
Cost of Revenue to Revenue		 90.28% 90.67% 87.18%
SG&A Expenses to Revenue		 4.43% 5.57% 6.54%
R&D to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 4.15% 5.99% 7.15%
Earnings before Interest and Taxes (EBIT)		 228 124 200
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 287 194 265
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.00 0.00 1.68
Price to Tangible Book Value (P/TBV)		 0.00 0.00 2.00
Price to Revenue (P/Rev)		 0.00 0.00 0.48
Price to Earnings (P/E)		 0.00 0.00 10.69
Dividend Yield		 0.00% 0.00% 0.49%
Earnings Yield		 0.00% 0.00% 9.36%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 1.60
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.51
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 6.63
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 8.80
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 11.49
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 8.81
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 21.03
Leverage & Solvency		 - - -
Debt to Equity		 0.00 0.02 0.13
Long-Term Debt to Equity		 0.00 0.00 0.00
Financial Leverage		 0.00 -0.11 -0.07
Leverage Ratio		 0.00 1.53 1.60
Compound Leverage Factor		 0.00 1.59 1.73
Debt to Total Capital		 0.00% 1.94% 11.70%
Short-Term Debt to Total Capital		 0.00% 1.94% 11.70%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 10.67% 10.45%
Common Equity to Total Capital		 0.00% 87.40% 77.86%
Debt to EBITDA		 0.00 0.12 0.56
Net Debt to EBITDA		 0.00 -0.64 -0.10
Long-Term Debt to EBITDA		 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.24 0.97
Net Debt to NOPAT		 0.00 -1.34 -0.18
Long-Term Debt to NOPAT		 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 3.83
Noncontrolling Interest Sharing Ratio		 0.00% 10.88% 11.35%
Liquidity Ratios		 - - -
Current Ratio		 0.00 2.05 1.62
Quick Ratio		 0.00 1.05 0.83
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 0.00 -934 84
Operating Cash Flow to CapEx		 108.52% 692.31% 192.94%
Free Cash Flow to Firm to Interest Expense		 0.00 -311.17 13.94
Operating Cash Flow to Interest Expense		 13.17 105.00 33.25
Operating Cash Flow Less CapEx to Interest Expense		 1.03 89.83 16.02
Efficiency Ratios		 - - -
Asset Turnover		 0.00 2.04 1.89
Accounts Receivable Turnover		 0.00 7.71 7.29
Inventory Turnover		 0.00 7.89 7.29
Fixed Asset Turnover		 0.00 8.71 7.72
Accounts Payable Turnover		 0.00 8.13 7.64
Days Sales Outstanding (DSO)		 0.00 47.35 50.04
Days Inventory Outstanding (DIO)		 0.00 46.28 50.04
Days Payable Outstanding (DPO)		 0.00 44.88 47.75
Cash Conversion Cycle (CCC)		 0.00 48.75 52.33
Capital & Investment Metrics		 - - -
Invested Capital		 0.00 1,027 1,096
Invested Capital Turnover		 0.00 7.03 3.23
Increase / (Decrease) in Invested Capital		 0.00 1,027 69
Enterprise Value (EV)		 0.00 0.00 1,758
Market Capitalization		 0.00 0.00 1,653
Book Value per Share		 $0.00 $20.87 $19.56
Tangible Book Value per Share		 $0.00 $17.59 $16.45
Total Capital		 0.00 1,177 1,266
Total Debt		 0.00 23 148
Total Long-Term Debt		 0.00 0.00 0.00
Net Debt		 0.00 -125 -27
Capital Expenditures (CapEx)		 36 46 103
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 493 491
Debt-free Net Working Capital (DFNWC)		 0.00 525 531
Net Working Capital (NWC)		 0.00 503 383
Net Nonoperating Expense (NNE)		 -22 -6.51 -17
Net Nonoperating Obligations (NNO)		 0.00 -128 -21
Total Depreciation and Amortization (D&A)		 60 70 65
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 13.65% 14.32%
Debt-free Net Working Capital to Revenue		 0.00% 14.56% 15.49%
Net Working Capital to Revenue		 0.00% 13.93% 11.18%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $3.14
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 49.30M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $3.11
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 49.80M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 50.39M
Normalized Net Operating Profit after Tax (NOPAT)		 170 92 154
Normalized NOPAT Margin		 4.17% 2.54% 4.49%
Pre Tax Income Margin		 6.25% 3.57% 6.30%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 75.83 41.33 33.30
NOPAT to Interest Expense		 59.49 31.06 25.50
EBIT Less CapEx to Interest Expense		 63.70 26.17 16.07
NOPAT Less CapEx to Interest Expense		 47.36 15.90 8.27
Payout Ratios		 - - -
Dividend Payout Ratio		 17.57% 20.26% 98.00%
Augmented Payout Ratio		 17.57% 20.26% 98.00%

Quarterly Metrics and Ratios for Worthington Steel

This table displays calculated financial ratios and metrics derived from Worthington Steel's official financial filings.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 3.22% -7.93% -8.54%
EBITDA Growth		 0.00% 0.00% 0.00% 514.81% -38.63% 375.61%
EBIT Growth		 0.00% 0.00% 0.00% 514.81% -46.88% 376.83%
NOPAT Growth		 0.00% 0.00% 0.00% 498.12% -29.45% 350.75%
Net Income Growth		 0.00% 0.00% 0.00% 463.44% -48.15% 866.67%
EPS Growth		 0.00% 0.00% 0.00% 790.91% -52.94% 308.33%
Operating Cash Flow Growth		 0.00% 0.00% 0.00% 0.00% 363.77% -51.39%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% -10.80% 0.00% 0.00% -11.39%
EBITDA Q/Q Growth		 0.00% 0.00% -90.63% 0.00% 0.00% -27.37%
EBIT Q/Q Growth		 0.00% 0.00% -111.61% 0.00% 0.00% -39.47%
NOPAT Q/Q Growth		 0.00% 0.00% -111.26% 0.00% 0.00% -59.99%
Net Income Q/Q Growth		 0.00% 0.00% -103.38% 0.00% 0.00% -50.00%
EPS Q/Q Growth		 0.00% 0.00% -110.08% 0.00% 0.00% -55.36%
Operating Cash Flow Q/Q Growth		 0.00% -126.10% 775.85% 0.00% 53.37% 24.54%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% -0.85%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% -1.28%
Profitability Metrics		 - - - - - -
Gross Margin		 8.10% 14.19% 7.45% 14.90% 12.04% 10.83%
EBITDA Margin		 1.38% 9.66% 1.01% 8.24% 6.44% 5.28%
Operating Margin		 1.22% 7.69% -1.09% 8.23% 5.20% 2.56%
EBIT Margin		 1.38% 7.79% -1.01% 8.24% 4.50% 3.07%
Profit (Net Income) Margin		 1.19% 6.86% -0.26% 6.50% 3.86% 2.18%
Tax Burden Percent		 92.08% 78.51% 45.65% 78.92% 88.95% 81.73%
Interest Burden Percent		 93.52% 112.04% 56.10% 100.00% 96.53% 86.78%
Effective Tax Rate		 7.92% 21.49% 0.00% 21.08% 11.05% 18.27%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 28.29% 12.68%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 57.27% 10.50%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% -2.21% -0.55%
Return on Equity (ROE)		 0.00% 0.00% 0.00% 0.00% 26.08% 12.12%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 8.26% 5.81%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 7.09% 4.12%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% 0.00% 23.02% 10.70%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 13.89% 15.67%
Net Operating Profit after Tax (NOPAT)		 8.75 55 -6.16 52 39 15
NOPAT Margin		 1.12% 6.04% -0.76% 6.49% 4.63% 2.09%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.42% -28.98% 2.17%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - 1.23%
Cost of Revenue to Revenue		 91.90% 85.81% 92.55% 85.10% 87.96% 89.17%
SG&A Expenses to Revenue		 6.37% 5.94% 6.70% 6.55% 6.83% 8.27%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 6.88% 6.49% 8.54% 6.68% 6.83% 8.27%
Earnings before Interest and Taxes (EBIT)		 11 71 -8.20 66 38 23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 11 88 8.20 66 54 39
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 1.76 2.24
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 2.08 2.65
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.53 0.69
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 14.25 15.82
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.91% 1.07%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 7.02% 6.32%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 1.69 2.15
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.55 0.71
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 8.04 8.91
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 11.15 11.82
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 13.66 14.87
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 6.76 11.51
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.14 0.11 0.10
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 0.00 0.00 -0.03 -0.04 -0.05
Leverage Ratio		 0.00 0.00 0.00 1.73 1.60 1.52
Compound Leverage Factor		 0.00 0.00 0.00 1.73 1.54 1.32
Debt to Total Capital		 0.00% 0.00% 0.00% 12.09% 9.66% 9.13%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 12.09% 9.66% 9.13%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 10.90% 10.60% 10.66%
Common Equity to Total Capital		 0.00% 0.00% 0.00% 77.01% 79.75% 80.22%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.53 0.44
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 -0.22 -0.26
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.90 0.73
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 -0.37 -0.43
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 0.00 3.80 4.58
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 11.73% 11.73%
Liquidity Ratios		 - - - - - -
Current Ratio		 0.00 0.00 0.00 1.58 1.71 1.83
Quick Ratio		 0.00 0.00 0.00 0.82 0.86 0.91
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 0.00 0.00 -981 -1,060 -1,069
Operating Cash Flow to CapEx		 0.00% -119.65% 740.21% 0.00% 253.95% 195.40%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 -338.20 -407.84 -509.26
Operating Cash Flow to Interest Expense		 0.00 -41.40 699.50 0.00 21.00 32.38
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -76.00 605.00 0.00 12.73 15.81
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 1.84 1.89
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 7.58 8.82
Inventory Turnover		 0.00 0.00 0.00 0.00 7.52 8.33
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 6.90 6.51
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 8.20 10.01
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 48.18 41.37
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 48.56 43.80
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 44.50 36.46
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 52.25 48.72
Capital & Investment Metrics		 - - - - - -
Invested Capital		 0.00 0.00 0.00 1,033 1,099 1,085
Invested Capital Turnover		 0.00 0.00 0.00 0.00 6.11 6.06
Increase / (Decrease) in Invested Capital		 0.00 0.00 0.00 1,033 1,099 1,085
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 1,859 2,335
Market Capitalization		 0.00 0.00 0.00 0.00 1,775 2,268
Book Value per Share		 $0.00 $0.00 $0.00 $19.02 $20.03 $19.91
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $15.81 $16.95 $16.89
Total Capital		 0.00 0.00 0.00 1,218 1,265 1,260
Total Debt		 0.00 0.00 0.00 147 122 115
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 0.00 0.00 -44 -50 -67
Capital Expenditures (CapEx)		 0.00 17 19 0.00 22 35
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 0.00 0.00 464 484 453
Debt-free Net Working Capital (DFNWC)		 0.00 0.00 0.00 525 520 505
Net Working Capital (NWC)		 0.00 0.00 0.00 378 398 390
Net Nonoperating Expense (NNE)		 -0.55 -7.38 -4.06 -0.08 6.40 -0.65
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 -37 -44 -60
Total Depreciation and Amortization (D&A)		 0.00 17 16 0.00 16 16
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 14.40% 13.76%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 15.48% 15.34%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 11.84% 11.85%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.99 $0.57 $0.26
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 0.00 49.30M 49.40M 49.50M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.98 $0.56 $0.25
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 0.00 50.30M 50.40M 50.60M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 0.00 50.38M 50.78M 50.75M
Normalized Net Operating Profit after Tax (NOPAT)		 8.75 56 -6.16 52 39 15
Normalized NOPAT Margin		 1.12% 6.16% -0.76% 6.49% 4.63% 2.09%
Pre Tax Income Margin		 1.29% 8.73% -0.57% 8.24% 4.34% 2.67%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 21.60 141.20 -41.00 22.90 14.42 10.81
NOPAT to Interest Expense		 17.50 109.44 -30.80 18.04 14.85 7.36
EBIT Less CapEx to Interest Expense		 0.00 106.60 -135.50 0.00 6.15 -5.76
NOPAT Less CapEx to Interest Expense		 0.00 74.84 -125.30 0.00 6.58 -9.22
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 124.61% 117.23%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 124.61% 117.23%

Frequently Asked Questions About Worthington Steel's Financials

When does Worthington Steel's fiscal year end?

According to the most recent income statement we have on file, Worthington Steel's financial year ends in May. Their financial year 2024 ended on May 31, 2024.

How has Worthington Steel's net income changed over the last 2 years?

Worthington Steel's net income appears to be on a downward trend, with a most recent value of $170.10 million in 2024, falling from $200.30 million in 2022. The previous period was $99.70 million in 2023.

What is Worthington Steel's operating income?
Worthington Steel's total operating income in 2024 was $194.50 million, based on the following breakdown:
  • Total Gross Profit: $439.80 million
  • Total Operating Expenses: $245.30 million
How has Worthington Steel revenue changed over the last 2 years?

Over the last 2 years, Worthington Steel's total revenue changed from $4.07 billion in 2022 to $3.43 billion in 2024, a change of -15.7%.

How much debt does Worthington Steel have?

Worthington Steel's total liabilities were at $748.90 million at the end of 2024, a 22.8% increase from 2023, and a 22.8% increase since 2023.

How much cash does Worthington Steel have?

In the past 1 years, Worthington Steel's cash and equivalents has ranged from $32.70 million in 2023 to $40.20 million in 2024, and is currently $40.20 million as of their latest financial filing in 2024.

How has Worthington Steel's book value per share changed over the last 2 years?

Over the last 2 years, Worthington Steel's book value per share changed from 0.00 in 2022 to 19.56 in 2024, a change of 1,955.6%.

Remove Ads

Related Companies

This page (NYSE:WS) was last updated on 4/15/2025 by MarketBeat.com Staff
From Our Partners
[Action Required] Claim Your FREE IRS Loophole Guide
This shouldn't surprise anyone who's been paying attention, but... Pres. Trump may be about to unleash the ...
Colonial Metals | Sponsored
Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
Elon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to Mars
Elon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...
InvestorPlace | Sponsored
America’s Retirement Accounts Are at Risk—Here’s Why
When Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...
Premier Gold Co | Sponsored
Collect $7k per month from Tesla’s SECRET dividend
Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...
Investors Alley | Sponsored
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
My friends Joel and Adam have a simple motto: "For us, it's always a bull market." That’s because their 92%...
Crypto Swap Profits | Sponsored