Worthington Steel, Inc. (WS) Financial Statements
Historical financial data — 17 statements covering FY2022–FY2026
Worthington Steel Inc is a value-added metals processors with the ability to provide a diversified products and services that span a variety of end markets. It is a value-added processor of carbon...
Worthington Steel, Inc.'s revenue increased 11.3% year over year, from $3.09B to $3.44B.
Net income decreased 92.3% over the same period, from $110.7M to $8.5M.
Over the 4-year period from FY2022 to FY2026, revenue declined by 15% in total.
Total debt increased by 133.9% to $354.3M.
The debt-to-equity ratio stands at 0.28, indicating a conservative leverage profile.
Operating cash flow declined 12.6% to $201.2M.
Worthington Steel, Inc. maintains a moderate net profit margin of 0.2%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q1 FY2025 | $834.0M-8.5% | $28.4M | $100.4M | $43.4M | $54.6M | $1.83B | $122.2M | $1.01B |
| Q2 FY2025 | $739.0M-11.4% | $12.8M | $80.0M | $18.9M | $68.0M | $1.74B | $115.0M | $1.01B |
| Q3 FY2025 | $687.4M-7.0% | $13.8M | $81.2M | $18.3M | $53.8M | $1.80B | $112.2M | $1.01B |
| Q4 FY2025 | $832.9M+21.2% | $55.7M | $127.0M | $66.4M | $53.9M | $1.96B | $151.5M | $1.07B |
| Q1 FY2026 | $872.9M+4.8% | $36.8M | $115.2M | $48.3M | $-6.3M | $2.24B | $203.1M | $1.10B |
| Q2 FY2026 | $871.9M-0.1% | $18.8M | $93.2M | $21.7M | $99.3M | $2.15B | $151.7M | $1.12B |
| Q3 FY2026 | $769.8M-11.7% | $10.4M | $76.1M | $3.1M | $63.3M | $2.32B | $352.6M | $1.36B |
| Q4 FY2026 | $929.2M+20.7% | $-57.5M | $118.8M | $72.3M | $44.9M | $2.25B | $354.3M | $1.26B |
Balance Sheet Summary (FY2026)
Worthington Steel, Inc. (WS) Financial Statements & Revenue History
Worthington Steel, Inc. (WS) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling & Finishing Mills industry trading at $39.68 with a market capitalization of $2. This page provides 17 historical financial statements for Worthington Steel, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Worthington Steel, Inc. reported revenue of $3.4 billion, representing 11.3% year-over-year growth. The net profit margin of 0.2% suggests thin margins. The debt-to-equity ratio of 0.28 shows conservative leverage.
WS Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Worthington Steel, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WS is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WS's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Worthington Steel, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WS's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WS Financial Data
Investors use Worthington Steel, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WS's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WS's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WS's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Worthington Steel, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.