Worthington Steel, Inc. (WS)
NYSE: WS · Real-Time Price · USD
35.92
-0.43 (-1.18%)
Dec 5, 2025, 4:00 PM EST - Market closed
Worthington Steel Income Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
| Revenue | 3,132 | 3,093 | 3,431 | 3,608 | 4,069 | 2,127 |
| Revenue Growth (YoY) | -6.75% | -9.83% | -4.91% | -11.34% | 91.26% | - |
| Cost of Revenue | 2,729 | 2,705 | 2,991 | 3,271 | 3,673 | 1,757 |
| Gross Profit | 403.4 | 388.6 | 439.8 | 336.5 | 395.5 | 370.84 |
| Selling, General & Admin | 234.8 | 228.9 | 224.4 | 200.8 | 180.3 | 147.44 |
| Operating Expenses | 234.8 | 228.9 | 224.4 | 200.8 | 180.3 | 147.44 |
| Operating Income | 168.6 | 159.7 | 215.4 | 135.7 | 215.2 | 223.41 |
| Interest Expense | -7.4 | -7.1 | -6 | -3 | -3 | - |
| Interest & Investment Income | - | - | - | - | - | 0.01 |
| Earnings From Equity Investments | 9.5 | 4.4 | 22.4 | 7.7 | 29.8 | 15.97 |
| Currency Exchange Gain (Loss) | 4.5 | 2.4 | 0.9 | - | - | - |
| Other Non Operating Income (Expenses) | 1.2 | -2.8 | 4.4 | 3.7 | 0.9 | -0.35 |
| EBT Excluding Unusual Items | 176.4 | 156.6 | 237.1 | 144.1 | 242.9 | 239.04 |
| Merger & Restructuring Charges | -6.6 | -2.6 | -19.5 | -13.3 | 14.5 | -1.88 |
| Gain (Loss) on Sale of Assets | 1.5 | 1.5 | - | - | - | - |
| Asset Writedown | -7.4 | -7.4 | -1.4 | -2.1 | -3.1 | - |
| Pretax Income | 163.4 | 148.1 | 216.2 | 128.7 | 254.3 | 237.15 |
| Income Tax Expense | 38.2 | 28.8 | 46.1 | 29 | 54 | 48.48 |
| Earnings From Continuing Operations | 125.2 | 119.3 | 170.1 | 99.7 | 200.3 | 188.67 |
| Minority Interest in Earnings | -6.6 | -8.6 | -15.4 | -12.6 | -19.9 | -17.66 |
| Net Income | 118.6 | 110.7 | 154.7 | 87.1 | 180.4 | 171.01 |
| Net Income to Common | 118.6 | 110.7 | 154.7 | 87.1 | 180.4 | 171.01 |
| Net Income Growth | -4.81% | -28.44% | 77.61% | -51.72% | 5.49% | - |
| Shares Outstanding (Basic) | 50 | 50 | 49 | 49 | 49 | - |
| Shares Outstanding (Diluted) | 51 | 51 | 50 | 49 | 49 | - |
| Shares Change (YoY) | 0.95% | 1.41% | 1.01% | - | - | - |
| EPS (Basic) | 2.39 | 2.24 | 3.14 | 1.77 | 3.66 | - |
| EPS (Diluted) | 2.35 | 2.19 | 3.11 | 1.77 | 3.66 | - |
| EPS Growth | -5.42% | -29.58% | 76.03% | -51.72% | - | - |
| Free Cash Flow | 31.1 | 99.9 | 96.1 | 269.5 | 3.1 | 123.75 |
| Free Cash Flow Per Share | 0.61 | 1.98 | 1.93 | 5.47 | 0.06 | - |
| Dividend Per Share | 0.640 | 0.640 | 0.320 | - | - | - |
| Dividend Growth | 33.33% | 100.00% | - | - | - | - |
| Gross Margin | 12.88% | 12.56% | 12.82% | 9.33% | 9.72% | 17.43% |
| Operating Margin | 5.38% | 5.16% | 6.28% | 3.76% | 5.29% | 10.50% |
| Profit Margin | 3.79% | 3.58% | 4.51% | 2.41% | 4.43% | 8.04% |
| Free Cash Flow Margin | 0.99% | 3.23% | 2.80% | 7.47% | 0.08% | 5.82% |
| EBITDA | 238.7 | 225.7 | 280.7 | 205.3 | 274.7 | 268.36 |
| EBITDA Margin | 7.62% | 7.30% | 8.18% | 5.69% | 6.75% | 12.61% |
| D&A For EBITDA | 70.1 | 66 | 65.3 | 69.6 | 59.5 | 44.95 |
| EBIT | 168.6 | 159.7 | 215.4 | 135.7 | 215.2 | 223.41 |
| EBIT Margin | 5.38% | 5.16% | 6.28% | 3.76% | 5.29% | 10.50% |
| Effective Tax Rate | 23.38% | 19.45% | 21.32% | 22.53% | 21.23% | 20.44% |
| Advertising Expenses | - | 1 | 0.8 | 1.2 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.