WS · NYSE · Steel

Worthington Steel (WS)

Processes flat-rolled steel and makes electrical laminations and tailor-welded blanks.

$34.37
vs last close−0.53 (−1.52%)
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Worthington Steel, Inc.WS
Materials

Processes flat-rolled metals into customer-specified products, including carbon steel, electrical laminations and tailor-welded blanks, through direct sales and tolling. A controlling stake in Kloeckner adds a North American and European metals-distribution and service-center network.

Processes flat-rolled steel into customer-specified gauges, dimensions, shapes and surface qualities, earning revenue through direct metal sales and toll processing. Core operations span carbon flat-rolled steel processing, electrical steel laminations for motors and transformers, and tailor-welded steel and aluminum blanks for automotive customers. Pickling, slitting, blanking, galvanizing and specialty cold reduction support those specifications across a primarily North American legacy footprint with additional operations in Europe and Asia.

Extends that platform through a controlling stake in Kloeckner, whose service-center network distributes and processes carbon steel, electrical steel, aluminum, stainless steel and long products across North America and Europe. Legacy operations are reported as one segment; automotive production drives most of their sales, while results depend on steel supply and pricing, shifting trade rules, and integrating Kloeckner's separately managed network.

Company facts

CEOGeoffrey G. Gilmore
ListedDec 1, 2023
ExchangeNYSE
HeadquartersColumbus, OH
CountryUnited States
Employees5,400
CIK0001968487
ISINUS9821041012

Market cap$1.78B
EPS (ttm)$0.3500
P/E (ttm)99.71
ROE1.5%
P/B1.66
P/S0.5163
Dividend yieldDiv yield1.83%
Beta1.75vs XLB 1.00

No analyst consensus on record.

Next report
Oct 7, 26
in 14 days
EPS estimate
$0.92
Revenue estimate
$2.01B
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Oct '26
Reported$0.19$0.35$1.05$0.77$0.38$0.27$0.74Pending
Estimate$0.63$0.67$0.83$0.74$0.39$0.46$0.73$0.92
Surprise−69.8%−47.8%+26.5%+4.1%−2.6%−41.5%+1.4%

RevenueReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Oct '26
Reported$739.0M$687.4M$832.9M$872.9M$871.9M$769.8M$929.2MPending
Estimate$719.4M$711.6M$800.5M$785.3M$801.8M$882.9M$992.0M$2.01B
Surprise+2.7%−3.4%+4.1%+11.2%+8.7%−12.8%−6.3%
Estimate$0.92
ReportedDue Oct 7, 2026
Estimate$2.01B
ReportedDue Oct 7, 2026
View details

Debt to equity33.10%
Current ratio145.90%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$834.0M$739.0M$687.4M$832.9M$872.9M$871.9M$769.8M$929.2M
Net income$28.4M$12.8M$13.8M$55.7M$36.3M$18.8M$10.4M−$48.7M
Net margin3.4%1.7%2.0%6.7%4.2%2.2%1.4%0.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$43.4M$18.9M$18.3M$66.4M$48.3M$22.3M−$1.4M$36.9M
YoY growth−37.7%Turned profit−72.4%−1.3%+11.3%+18.0%Turned loss−44.4%

Balance sheet, May 31, 2026Cash & short-term investments $84.6M · Total debt $354.4M · Total assets $2.27B · Shareholders' equity $1.07B

Revenue
$929.2M
Operating income
$36.9M
Net income
−$48.7M
View details

Dividend yield
1.83%
Next ex-date
Dec 15, 26
estimated · in 83 days
Annual dividend
$0.64
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16
Annual yield1.52%2.40%2.60%1.92%1.79%1.98%1.47%1.97%
Ex-dateDec 13Mar 14Jun 13Sep 12Dec 12Mar 13Jun 12Sep 15
Payment dateDec 27Mar 28Jun 27Sep 26Dec 26Mar 27Jun 26Sep 29
View details

Institutions56.50%28.79M shares
242 holders · as of Jun 30, 2026
Insiders36.23%18.46M shares
19 holders · as of Jul 8, 2026
Other7.27%3.70M shares
remainder

50.95M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
John P/oh Mcconnell1Insider10 percent owner
33.68%17.16Mfiled Dec 11, 2023
BlackRock, Inc.Institution
10.02%5.11Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.04%2.57Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.48%2.28Mas of Jun 30, 2026
State Street CorpInstitution
4.08%2.08Mas of Jun 30, 2026
  1. John P/oh Mcconnell's transaction reports restate only vehicles that traded; the 2023 ownership statement (17.16M) is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 22, 2026Clifford Lariveyofficer: President Flat Rolled Stl Proc−11,105$40.09
Jan 30, 2026Jon J. Bowsherdirector+2,500$40.15
Jan 27, 2026Scott J. Kellydirector+7,000$39.11
View details

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Compare

CompanyPriceChange
Worthington Steel$34.37−1.52%$1.78B99.710.10.5+11.6%
Reliance$389.22+0.59%$19.76B22.515.81.2+26.5%
Ryerson$24.14−0.14%$1.25B12.40.2+72.7%
Cleveland-Cliffs$12.58+0.36%$7.15B20.40.4+5.9%
Steel Dynamics$233.88−0.05%$33.54B21.210.91.6+33.4%
Nucor$246.38+0.29%$55.95B19.611.61.5+23.0%
Median21.212.41.2+26.5%