Worthington Steel (WS)
Processes flat-rolled steel and makes electrical laminations and tailor-welded blanks.
$34.58
vs last close−0.32 (−0.92%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Aug 2023 | Q2 FY24Nov 2023 | Q3 FY24Feb 2024 | Q4 FY24May 2024 | Q1 FY25Aug 2024 | Q2 FY25Nov 2024 | Q3 FY25Feb 2025 | Q4 FY25May 2025 | Q1 FY26Aug 2025 | Q2 FY26Nov 2025 | Q3 FY26Feb 2026 | Q4 FY26May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 906 | 808 | 806 | 911 | 834 | 739 | 687 | 833 | 873 | 872 | 770 | 929 |
| Cost of revenue | 777 | 748 | 686 | 780 | 734 | 659 | 606 | 706 | 758 | 779 | 694 | 811 |
| Gross profit | 129 | 60 | 120 | 131 | 100 | 80 | 81 | 127 | 115 | 93 | 76 | 118 |
| 59 | 69 | 54 | 64 | 57 | 61 | 63 | 61 | 67 | 71 | 78 | 81 | |
| 54 | 54 | 53 | 64 | 57 | 61 | 55 | 59 | 68 | 71 | 78 | 81 | |
| Selling & marketing | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 5 | 15 | 1 | 0 | 0 | 0 | 8 | 2 | −1 | 0 | 0 | 0 |
| Operating income | 70 | −9 | 66 | 67 | 43 | 19 | 18 | 66 | 48 | 22 | −1 | 37 |
| 9 | 4 | 0 | 8 | −7 | 1 | −1 | 9 | 4 | 3 | 16 | −103 | |
| Interest expense | 1 | 0 | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 3 | 2 | 19 |
| Other non-operating income | −10 | −4 | −3 | −10 | 5 | −3 | 0 | −10 | −7 | −6 | −18 | 0 |
| Income before tax | 79 | −5 | 66 | 75 | 36 | 20 | 17 | 75 | 52 | 26 | 14 | −67 |
| Income tax expense | 17 | −3 | 14 | 18 | 4 | 4 | 5 | 16 | 13 | 4 | 4 | 2 |
| Net income from continuing operations | 62 | −2 | 52 | 58 | 32 | 16 | 12 | 59 | 39 | 22 | 11 | −68 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 | 0 |
| Net income | 59 | −6 | 49 | 53 | 28 | 13 | 14 | 56 | 36 | 19 | 10 | −49 |
| EPS, basic | $1.18 | −$0.12 | $0.99 | $1.08 | $0.57 | $0.26 | $0.28 | $1.13 | $0.73 | $0.38 | $0.22 | −$0.98 |
| EPS, diluted | $1.18 | −$0.12 | $0.99 | $1.06 | $0.56 | $0.25 | $0.27 | $1.10 | $0.73 | $0.38 | $0.22 | −$0.98 |
| Weighted average shares, basic | 50 | 49 | 49 | 49 | 49 | 50 | 50 | 50 | 50 | 50 | 50 | 50 |
| Weighted average shares, diluted | 50 | 49 | 49 | 49 | 50 | 51 | 51 | 50 | 50 | 50 | 50 | 50 |
| EBITDA | 97 | 12 | 85 | 94 | 55 | 38 | 35 | 93 | 75 | 50 | 38 | 58 |
| Depreciation & amortization | 17 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 20 | 22 | 22 | 21 |
| EBIT | 80 | −4 | 69 | 78 | 39 | 22 | 19 | 76 | 55 | 28 | 16 | 37 |
