Symbols / WS Stock $41.52 -2.99% Worthington Steel, Inc.

Basic Materials • Steel • United States • NYQ
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Stock Fundamentals
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Index EQUITY
Sector Basic Materials
Industry Steel
CEO Mr. Geoffrey G. Gilmore
Exch · Country NYQ · United States
Market Cap 2.11B
Enterprise Value 2.60B
Income 121.70M
Sales 3.35B
FCF (ttm) 962.50K
Book/sh 22.53
Cash/sh 1.77
Employees 6,000
Insider 10d —
IPO Nov 28, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 26.67%
P/E 17.30
Forward P/E 15.52
PEG —
P/S 0.63
P/B 1.84
P/C —
EV/EBITDA 10.87
EV/Sales 0.78
Quick Ratio 0.72
Current Ratio 1.48
Debt/Eq 25.98
LT Debt/Eq —
EPS (ttm) 2.40
EPS next Y 2.67
EPS Growth -25.90%
Revenue Growth 12.00%
EPS Gr Q/Q -24.60%
Rev Gr Q/Q —
Earnings (next) 2026-06-24
Earnings (prior) 2026-03-25
ROA 4.84%
ROE 10.38%
ROIC —
Gross Margin 12.29%
Oper. Margin 1.82%
Profit Margin 3.64%
Shs Outstand 50.81M
Shs Float 45.04M
Insider Own 36.02%
Instit Own 56.08%
Short Float 5.76%
Short Ratio 6.87
Short Interest 1.54M
52W High 49.17
vs 52W High -15.56%
52W Low 24.23
vs 52W Low 71.39%
Beta 2.20
Impl. Vol. 35.70%
Rel Volume 0.79
Avg Volume 290.83K
Volume 229.13K
Target (mean) $38.00
Tgt Median $38.00
Tgt Low $38.00
Tgt High $38.00
# Analysts 1
Recom None
Prev Close $42.80
Price $41.52
Change -2.99%
About

Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It also offers warehousing, logistics, and materials management services. It serves automotive, construction, machinery and equipment, heavy truck, agriculture, and energy sectors. The company was incorporated in 2023 and is headquartered in Columbus, Ohio.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$38.00
Mean price target
2. Current target
$41.52
Latest analyst target
3. DCF / Fair value
$0.34
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$41.52
Low
$38.00
High
$38.00
Mean
$38.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-06-02 main Keybanc Overweight → Overweight $46
2026-03-27 main Keybanc Overweight → Overweight $38
2026-03-25 main Keybanc Overweight → Overweight $46
2026-01-23 main Keybanc Overweight → Overweight $47
2025-12-16 main Keybanc Overweight → Overweight $39
2025-09-16 main Keybanc Overweight → Overweight $36
2025-03-07 main Keybanc Overweight → Overweight $34
2024-04-03 main Keybanc Overweight → Overweight $40
2024-03-26 main Keybanc Overweight → Overweight $39
2024-03-11 init Seaport Global — → Neutral —
2023-12-04 init Keybanc — → Overweight $29
News
RSS: Latest WS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-02 KLINGLER JEFFREY R Chief Operating Officer — 20,236 $43.00 $886,669
2026-06-02 KLINGLER JEFFREY R Chief Operating Officer — 20,236 $14.37 $351,606
2026-06-01 ADAMS TIMOTHY A Chief Financial Officer — 2,367 $41.70 $100,059
2026-06-01 ADAMS TIMOTHY A Chief Financial Officer — 2,367 $13.10 $31,008
2026-05-22 LARIVEY CLIFFORD J. Officer — 11,105 $40.09 $445,249
2026-05-22 LARIVEY CLIFFORD J. Officer — 4,929 $14.37 $109,451
2026-01-30 BOWSHER JON J Director — 2,500 $40.15 $100,375
2026-01-27 KELLY SCOTT J Director — 7,000 $39.11 $273,769
2026-01-22 SCHIAVO MARY FACKLER Director — 291 — —
2025-09-26 STOE GEORGE P Director — 8,068 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Total Revenue
3,093.30
-9.83%
3,430.60
-4.91%
3,607.70
-11.33%
4,068.90
Operating Revenue
3,093.30
-9.83%
3,430.60
-4.91%
3,607.70
-11.33%
4,068.90
Cost Of Revenue
2,704.70
-9.57%
2,990.80
-8.57%
3,271.20
-10.95%
3,673.40
Reconciled Cost Of Revenue
2,704.70
-9.57%
2,990.80
-8.57%
3,271.20
-10.95%
3,673.40
Gross Profit
388.60
-11.64%
439.80
+30.70%
336.50
-14.92%
395.50
Operating Expense
231.60
+3.21%
224.40
+11.75%
200.80
+11.37%
180.30
Selling General And Administration
231.60
+3.21%
224.40
+11.75%
200.80
+11.37%
180.30
Total Expenses
2,936.30
-8.67%
3,215.20
-7.40%
3,472.00
-9.90%
3,853.70
Operating Income
157.00
-27.11%
215.40
+58.73%
135.70
-36.94%
215.20
Total Operating Income As Reported
147.00
-24.42%
194.50
+61.68%
120.30
-46.91%
226.60
EBITDA
221.20
-23.06%
287.50
+42.82%
201.30
-36.46%
316.80
Normalized EBITDA
231.20
-25.03%
308.40
+42.32%
216.70
-29.04%
305.40
Reconciled Depreciation
66.00
+1.07%
65.30
-6.18%
69.60
+16.97%
59.50
EBIT
155.20
-30.15%
222.20
+68.72%
131.70
-48.81%
257.30
Total Unusual Items
-10.00
+52.15%
-20.90
-35.71%
-15.40
-235.09%
11.40
Total Unusual Items Excluding Goodwill
-10.00
+52.15%
-20.90
-35.71%
-15.40
-235.09%
11.40
Special Income Charges
-10.00
+52.15%
-20.90
-35.71%
-15.40
-235.09%
11.40
Impairment Of Capital Assets
7.40
+428.57%
1.40
-33.33%
2.10
-32.26%
3.10
Restructuring And Mergern Acquisition
2.60
-86.67%
19.50
+46.62%
13.30
+191.72%
-14.50
Write Off
—
—
2.11
-31.34%
3.08
Net Income
110.70
-28.44%
154.70
+77.61%
87.10
-51.72%
180.40
Pretax Income
148.10
-31.50%
216.20
+67.99%
128.70
-49.39%
254.30
Net Non Operating Interest Income Expense
-7.10
-18.33%
-6.00
-100.00%
-3.00
+0.00%
-3.00
Interest Expense Non Operating
7.10
+18.33%
6.00
+100.00%
3.00
+0.00%
3.00
Net Interest Income
-7.10
-18.33%
-6.00
-100.00%
-3.00
+0.00%
-3.00
Interest Expense
7.10
+18.33%
6.00
+100.00%
3.00
+0.00%
3.00
Other Income Expense
-1.80
-126.47%
6.80
+270.00%
-4.00
-109.50%
42.10
Other Non Operating Income Expenses
3.80
-28.30%
5.30
+43.24%
3.70
+311.11%
0.90
Tax Provision
28.80
-37.53%
46.10
+58.97%
29.00
-46.30%
54.00
Tax Rate For Calcs
0.00
-10.43%
0.00
-8.00%
0.00
+17.92%
0.00
Tax Effect Of Unusual Items
-2.06
+57.15%
-4.81
-24.86%
-3.85
-259.30%
2.42
Net Income Including Noncontrolling Interests
119.30
-29.86%
170.10
+70.61%
99.70
-50.22%
200.30
Net Income From Continuing Operation Net Minority Interest
110.70
-28.44%
154.70
+77.61%
87.10
-51.72%
180.40
Net Income From Continuing And Discontinued Operation
110.70
-28.44%
154.70
+77.61%
87.10
-51.72%
180.40
Net Income Continuous Operations
119.30
-29.86%
170.10
+70.61%
99.70
-50.22%
200.30
Minority Interests
-8.60
+44.16%
-15.40
-22.22%
-12.60
+36.68%
-19.90
Normalized Income
118.64
-30.54%
170.79
+73.13%
98.65
-42.45%
171.42
Net Income Common Stockholders
110.70
-28.44%
154.70
+77.61%
87.10
-51.72%
180.40
Diluted EPS
2.19
-29.58%
3.11
+78.62%
1.74
-51.72%
3.61
Basic EPS
2.24
-28.66%
3.14
+80.34%
1.74
-51.72%
3.61
Basic Average Shares
49.50
+0.41%
49.30
-1.45%
50.03
+0.00%
50.03
Diluted Average Shares
50.50
+1.41%
49.80
-0.45%
50.03
+0.00%
50.03
Diluted NI Availto Com Stockholders
110.70
-28.44%
154.70
+77.61%
87.10
-51.72%
180.40
Earnings From Equity Interest
4.40
-80.36%
22.40
+190.91%
7.70
-74.16%
29.80
Gain On Sale Of PPE
—
—
4.29
-71.58%
15.09
Total Other Finance Cost
—
—
13.81
+356.71%
3.02
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Total Assets
1,961.80
+5.11%
1,866.40
+5.78%
1,764.40
-15.34%
2,084.03
Current Assets
1,048.50
+4.66%
1,001.80
+2.13%
980.90
-22.59%
1,267.10
Cash Cash Equivalents And Short Term Investments
38.00
-5.47%
40.20
+22.94%
32.70
+63.08%
20.05
Cash And Cash Equivalents
38.00
-5.47%
40.20
+22.94%
32.70
+63.08%
20.05
Receivables
438.80
-7.97%
476.80
+0.95%
472.30
-21.40%
600.90
Accounts Receivable
438.70
-7.17%
472.60
+0.98%
468.00
-22.06%
600.42
Gross Accounts Receivable
442.50
-7.00%
475.80
+1.10%
470.60
—
Allowance For Doubtful Accounts Receivable
-3.80
-18.75%
-3.20
-23.08%
-2.60
—
Taxes Receivable
0.10
-97.62%
4.20
-2.33%
4.30
+807.17%
0.47
Inventory
422.00
+4.12%
405.30
-2.29%
414.80
-27.16%
569.50
Raw Materials
179.40
+19.44%
150.20
-13.63%
173.90
-19.54%
216.13
Work In Process
165.60
-6.33%
176.80
+7.74%
164.10
-30.15%
234.95
Finished Goods
77.00
-1.66%
78.30
+1.95%
76.80
-35.15%
118.42
Restricted Cash
54.90
0.00
—
—
Assets Held For Sale Current
11.50
+296.55%
2.90
-14.71%
3.40
-78.37%
15.72
Other Current Assets
83.30
+8.75%
76.60
+32.76%
57.70
-5.31%
60.93
Total Non Current Assets
913.30
+5.63%
864.60
+10.35%
783.50
-4.09%
816.93
Net PPE
620.80
+13.35%
547.70
+11.84%
489.70
-4.18%
511.06
Gross PPE
1,376.90
+8.82%
1,265.30
+10.09%
1,149.30
+2.57%
1,120.46
Accumulated Depreciation
-756.10
-5.37%
-717.60
-8.79%
-659.60
-8.24%
-609.40
Land And Improvements
38.60
+1.85%
37.90
+0.80%
37.60
-4.23%
39.26
Buildings And Improvements
190.40
+7.51%
177.10
+5.04%
168.60
+0.56%
167.65
Machinery Furniture Equipment
942.60
+5.46%
893.80
+5.46%
847.50
+3.26%
820.71
Construction In Progress
132.70
+58.73%
83.60
+311.82%
20.30
-11.10%
22.83
Other Properties
72.60
-0.41%
72.90
-3.19%
75.30
+7.57%
70.00
Goodwill And Other Intangible Assets
147.50
-5.81%
156.60
-3.33%
162.00
-4.57%
169.75
Goodwill
79.60
+0.00%
79.60
+1.27%
78.60
-1.79%
80.03
Other Intangible Assets
67.90
-11.82%
77.00
-7.67%
83.40
-7.04%
89.72
Investments And Advances
126.60
-6.22%
135.00
+17.80%
114.60
-3.96%
119.33
Long Term Equity Investment
126.60
-6.22%
135.00
+17.80%
114.60
-3.96%
119.33
Non Current Deferred Assets
11.40
+34.12%
8.50
+34.92%
6.30
+57.54%
4.00
Non Current Deferred Taxes Assets
11.40
+34.12%
8.50
+34.92%
6.30
+57.54%
4.00
Other Non Current Assets
7.00
-58.33%
16.80
+54.13%
10.90
-14.79%
12.79
Total Liabilities Net Minority Interest
763.90
+2.00%
748.90
+22.81%
609.80
-25.42%
817.66
Current Liabilities
631.50
+2.12%
618.40
+29.26%
478.40
-27.29%
657.95
Payables And Accrued Expenses
474.60
+2.55%
462.80
+2.91%
449.70
-23.69%
589.31
Payables
459.30
+2.73%
447.10
+2.99%
434.10
-22.74%
561.86
Accounts Payable
402.50
+5.81%
380.40
-5.42%
402.20
-23.26%
524.12
Dividends Payable
9.30
+6.90%
8.70
0.00
—
Current Accrued Expenses
15.30
-2.55%
15.70
+0.64%
15.60
-43.17%
27.45
Pensionand Other Post Retirement Benefit Plans Current
—
—
31.93
-15.39%
37.74
Total Tax Payable
47.50
-18.10%
58.00
+81.82%
31.90
-15.48%
37.74
Income Tax Payable
4.50
-13.46%
5.20
0.00
0.00
Current Debt And Capital Lease Obligation
156.90
+0.84%
155.60
+442.16%
28.70
-58.19%
68.64
Current Debt
149.20
+0.81%
148.00
+5185.71%
2.80
-95.56%
63.00
Other Current Borrowings
—
—
2.80
-95.56%
63.00
Current Capital Lease Obligation
7.70
+1.32%
7.60
+28.81%
5.90
+4.55%
5.64
Total Non Current Liabilities Net Minority Interest
132.40
+1.46%
130.50
-0.68%
131.40
-17.73%
159.72
Long Term Debt And Capital Lease Obligation
71.00
+3.95%
68.30
-4.74%
71.70
-15.91%
85.26
Long Term Debt
2.30
—
—
20.00
Long Term Capital Lease Obligation
68.70
+0.59%
68.30
-4.74%
71.70
+9.87%
65.26
Non Current Deferred Liabilities
28.60
+2.51%
27.90
+6.90%
26.10
-26.46%
35.49
Non Current Deferred Taxes Liabilities
28.60
+2.51%
27.90
+6.90%
26.10
-26.46%
35.49
Other Non Current Liabilities
32.80
-4.37%
34.30
+2.08%
33.60
-13.77%
38.97
Stockholders Equity
1,074.10
+9.01%
985.30
-4.25%
1,029.00
-9.19%
1,133.15
Common Stock Equity
1,074.10
+9.01%
985.30
-4.25%
1,029.00
-9.19%
1,133.15
Capital Stock
0.00
0.00
0.00
-100.00%
1,131.30
Common Stock
0.00
0.00
0.00
-100.00%
1,131.30
Preferred Stock
0.00
0.00
0.00
—
Share Issued
49.55
+0.44%
49.33
+0.08%
49.29
-1.46%
50.03
Ordinary Shares Number
49.55
+0.44%
49.33
+0.08%
49.29
-1.46%
50.03
Additional Paid In Capital
913.90
+0.95%
905.30
0.00
—
Retained Earnings
164.20
+90.71%
86.10
0.00
—
Gains Losses Not Affecting Retained Earnings
-4.00
+34.43%
-6.10
-190.48%
-2.10
-213.64%
1.85
Minority Interest
123.80
-6.35%
132.20
+5.25%
125.60
-5.71%
133.21
Other Equity Adjustments
-4.00
+34.43%
-6.10
-190.48%
-2.10
-213.64%
1.85
Total Equity Gross Minority Interest
1,197.90
+7.19%
1,117.50
-3.21%
1,154.60
-8.83%
1,266.36
Total Capitalization
1,076.40
+9.25%
985.30
-4.25%
1,029.00
-10.77%
1,153.15
Working Capital
417.00
+8.76%
383.40
-23.70%
502.50
-17.51%
609.15
Invested Capital
1,225.60
+8.14%
1,133.30
+9.84%
1,031.80
-15.16%
1,216.15
Total Debt
227.90
+1.79%
223.90
+123.01%
100.40
-34.76%
153.90
Net Debt
113.50
+5.29%
107.80
—
62.95
Capital Lease Obligations
76.40
+0.66%
75.90
-2.19%
77.60
+9.44%
70.90
Net Tangible Assets
926.60
+11.81%
828.70
-4.42%
867.00
-10.01%
963.40
Tangible Book Value
926.60
+11.81%
828.70
-4.42%
867.00
-10.01%
963.40
Investmentsin Associatesat Cost
—
—
114.55
-4.00%
119.33
Line Of Credit
149.20
+0.81%
148.00
0.00
—
Other Equity Interest
—
—
1,031.10
—
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Operating Cash Flow
230.30
+15.44%
199.50
-36.67%
315.00
+697.47%
39.50
Cash Flow From Continuing Operating Activities
230.30
+15.44%
199.50
-36.67%
315.00
+697.47%
39.50
Net Income From Continuing Operations
119.30
-29.86%
170.10
+70.61%
99.70
-50.22%
200.30
Depreciation Amortization Depletion
66.00
+1.07%
65.30
-6.18%
69.60
+16.97%
59.50
Depreciation And Amortization
66.00
+1.07%
65.30
-6.18%
69.60
+16.97%
59.50
Stock Based Compensation
11.00
+6.80%
10.30
-0.96%
10.40
+19.54%
8.70
Provisionand Write Offof Assets
—
—
1.62
+119.59%
0.74
Asset Impairment Charge
9.20
+268.00%
2.50
-32.43%
3.70
-2.63%
3.80
Deferred Tax
-3.10
-381.82%
1.10
+111.34%
-9.70
-171.32%
13.60
Deferred Income Tax
-3.10
-381.82%
1.10
+111.34%
-9.70
-171.32%
13.60
Operating Gains Losses
7.70
+139.69%
-19.40
-1393.33%
1.50
+103.54%
-42.40
Change In Working Capital
20.20
+166.45%
-30.40
-121.75%
139.80
+168.53%
-204.00
Change In Receivables
34.10
+2535.71%
-1.40
-101.24%
113.00
+203.01%
-109.70
Change In Inventory
-16.70
-201.83%
16.40
-89.39%
154.50
+404.73%
-50.70
Change In Payables And Accrued Expense
6.00
+131.91%
-18.80
+85.55%
-130.10
-378.31%
-27.20
Change In Accrued Expense
-9.80
-224.05%
7.90
+236.21%
-5.80
+52.85%
-12.30
Change In Payable
15.80
+159.18%
-26.70
+78.52%
-124.30
-734.23%
-14.90
Change In Account Payable
15.80
+159.18%
-26.70
+78.52%
-124.30
-734.23%
-14.90
Change In Other Working Capital
-3.20
+87.97%
-26.60
-1208.33%
2.40
+114.63%
-16.40
Investing Cash Flow
-129.10
-4.79%
-123.20
-454.95%
-22.20
+94.38%
-395.30
Cash Flow From Continuing Investing Activities
-129.10
-4.79%
-123.20
-454.95%
-22.20
+94.38%
-395.30
Net PPE Purchase And Sale
-130.40
-26.11%
-103.40
-127.25%
-45.50
-25.00%
-36.40
Purchase Of PPE
-130.40
-26.11%
-103.40
-127.25%
-45.50
-25.00%
-36.40
Capital Expenditure
-130.40
-26.11%
-103.40
-127.25%
-45.50
-25.00%
-36.40
Net Business Purchase And Sale
0.00
+100.00%
-21.00
0.00
+100.00%
-383.50
Purchase Of Business
0.00
+100.00%
-21.00
0.00
+100.00%
-383.50
Net Other Investing Changes
1.30
+8.33%
1.20
-94.85%
23.30
-5.28%
24.60
Financing Cash Flow
-48.50
+29.51%
-68.80
+75.45%
-280.20
-178.18%
358.40
Cash Flow From Continuing Financing Activities
-48.50
+29.51%
-68.80
+75.45%
-280.20
-178.18%
358.40
Net Issuance Payments Of Debt
3.50
-97.59%
145.20
+341.20%
-60.20
-178.49%
76.70
Issuance Of Debt
511.00
+92.03%
266.10
0.00
-100.00%
50.00
Repayment Of Debt
-522.50
-110.60%
-248.10
-1554.00%
-15.00
+0.00%
-15.00
Long Term Debt Issuance
511.00
+92.03%
266.10
0.00
-100.00%
50.00
Long Term Debt Payments
-522.50
-110.60%
-248.10
-1554.00%
-15.00
+0.00%
-15.00
Net Long Term Debt Issuance
-11.50
-163.89%
18.00
+220.00%
-15.00
-142.86%
35.00
Short Term Debt Issuance
—
—
—
41.73
Net Short Term Debt Issuance
15.00
-88.21%
127.20
+381.42%
-45.20
-208.39%
41.70
Net Common Stock Issuance
-3.10
-1133.33%
0.30
0.00
0.00
Common Stock Payments
-3.10
—
—
—
Common Stock Dividend Paid
-31.90
+79.80%
-157.90
0.00
0.00
Cash Dividends Paid
-31.90
+79.80%
-157.90
0.00
0.00
Repurchase Of Capital Stock
-3.10
—
—
—
Net Other Financing Charges
-17.00
+69.86%
-56.40
+74.36%
-220.00
-178.10%
281.70
Changes In Cash
52.70
+602.67%
7.50
-40.48%
12.60
+384.62%
2.60
Beginning Cash Position
40.20
+22.94%
32.70
+62.69%
20.10
+14.86%
17.50
End Cash Position
92.90
+131.09%
40.20
+22.94%
32.70
+62.69%
20.10
Free Cash Flow
99.90
+3.95%
96.10
-64.34%
269.50
+8593.55%
3.10
Interest Paid Supplemental Data
—
4.50
—
—
Income Tax Paid Supplemental Data
—
37.60
—
—
Change In Income Tax Payable
—
—
—
-3.87
Change In Tax Payable
—
—
—
-3.87
Common Stock Issuance
—
0.30
0.00
0.00
Earnings Losses From Equity Investments
8.40
+141.18%
-20.40
-525.00%
4.80
+117.58%
-27.30
Issuance Of Capital Stock
—
0.30
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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