Worthington Steel, Inc. (WS) Financial Statements
Industry: Steel Works, Blast Furnaces & Rolling & Finishing Mills
In fiscal 2026, Worthington Steel reported revenue of $3.44B, up 11.3% from $3.09B the year before. Net income was $8.5M (a 0.2% net margin), or $0.17 per diluted share. Gross margin was 11.7% and operating margin was -0.0%. Operating activities generated $201.2M of cash, leaving $80.0M of free cash flow. At fiscal year end, Worthington Steel held $2.25B in total assets against $989.5M in total liabilities, including $84.6M of cash and equivalents.
Open the full interactive Worthington Steel financials → Quarterly statements, key ratios, valuation history and price charts.
Worthington Steel Key Stats
| Share Price | $39.20 |
|---|---|
| Market Cap | $1.96B |
| P/E Ratio | 230.6 |
| Revenue YoY Growth | +11.3% |
| 52-Week Range | $27.86 – $48.03 |
| Shares Outstanding | 50.0 million (basic, 2027 Q1) |
Worthington Steel Income Statement
| FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|
| Revenue | $3.43B | $3.09B | $3.44B |
| Gross Profit | $439.8M | $388.6M | $403.3M |
| Operating Income | $194.5M | $147.0M | -$1.4M |
| Pre-Tax Income | $200.8M | $148.1M | $7.1M |
| Income Tax | $46.1M | $28.8M | $20.0M |
| Net Income | $154.7M | $110.7M | $8.5M |
| Diluted EPS | $3.11 | $2.19 | $0.17 |
Worthington Steel Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $871.9M | $769.8M | $929.2M | $2.73B |
| Net Income | $18.8M | $10.4M | -$57.5M | -$10.0M |
| Diluted EPS | $0.37 | $0.20 | -$1.13 | -$0.20 |
Worthington Steel Balance Sheet
| FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|
| Cash & Equivalents | $40.2M | $38.0M | $84.6M |
| Current Assets | $1.00B | $1.05B | $1.13B |
| Total Assets | $1.87B | $1.96B | $2.25B |
| Current Liabilities | $618.4M | $631.5M | $775.8M |
| Total Long-Term Debt | $148.0M | $151.5M | $71.4M |
| Total Liabilities | $748.9M | $763.9M | $989.5M |
| Shareholders' Equity | $985.3M | $1.07B | $1.06B |
Worthington Steel Cash Flow Statement
| FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|
| Cash From Operations | $199.5M | $230.3M | $201.2M |
| Cash From Investing | -$123.2M | -$129.1M | -$213.4M |
| Cash From Financing | -$68.8M | -$48.5M | $3.0M |
| Free Cash Flow | $96.1M | $99.9M | $80.0M |
Figures from Worthington Steel's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Worthington Steel financials page for every line item.
Worthington Steel Company Profile
| Ticker | WS |
|---|---|
| Exchange | NYSE |
| Industry | Steel Works, Blast Furnaces & Rolling & Finishing Mills |
| Headquarters | Columbus, Ohio |
| Incorporated in | Ohio |
| Fiscal Year End | May 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001968487 |
Frequently Asked Questions
What was Worthington Steel's revenue in fiscal 2026?
Worthington Steel (WS) reported revenue of $3.44B for fiscal 2026.
What is Worthington Steel's annual revenue history?
Worthington Steel's annual revenue by fiscal year: 2024: $3.43B; 2025: $3.09B; 2026: $3.44B.
What was Worthington Steel's net income in fiscal 2026?
Worthington Steel reported net income of $8.5M for fiscal 2026.
What was Worthington Steel's earnings per share (EPS) in fiscal 2026?
Worthington Steel's diluted EPS was $0.17 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Worthington Steel generate in fiscal 2026?
Worthington Steel generated $80.0M of free cash flow in fiscal 2026.
What was Worthington Steel's revenue last quarter?
In its most recent reported quarter (2027 Q1), Worthington Steel reported revenue of $2.73B.
How much debt does Worthington Steel have?
Worthington Steel reported $71.4M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Worthington Steel are outstanding?
Worthington Steel reported a weighted average of 50.0 million basic shares outstanding in 2027 Q1.
What is Worthington Steel's market cap?
Based on its latest closing price, Worthington Steel (WS) has a market capitalization of about $1.96B.
When does Worthington Steel's fiscal year end?
Worthington Steel's fiscal year end, as registered with the SEC, is May 31.
Where is Worthington Steel headquartered?
Worthington Steel lists its business address in Columbus, Ohio in its SEC filings.
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