Worthington Steel, Inc.
WS- Exchange
- NYSE
- Industry
- Steel Works, Blast Furnaces & Rolling & Finishing Mills
- SEC CIK
- 0001968487
In the last 90 days, Worthington Steel, Inc. insiders filed 1 open-market purchase and 3 sales; 239 institutions reported holding it in 13F filings for Q2 2026, worth $942.5M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 14, 2026, 1:17 AM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net income for FY2026: $8.50M (0.2% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period end | May 31, 2026 | May 31, 2025 | May 31, 2024 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Jun 25, 2026 | Jun 27, 2025 | Jun 28, 2024 |
| Revenue | $3.44B | $3.09B | $3.43B |
| Cost of revenue | $3.04B | $2.70B | $2.99B |
| Gross profit | $403.3M | $388.6M | $439.8M |
| Selling, general and administrative | $297.4M | $231.6M | $224.4M |
| Operating income | -$1.40M | $147.0M | $194.5M |
| Interest expense | – | $7.10M | $6.00M |
| Income tax | $20.0M | $28.8M | $46.1M |
| Net income | $8.50M | $110.7M | $154.7M |
| EPS, basic | $0.17 | $2.24 | $3.14 |
| EPS, diluted | $0.17 | $2.19 | $3.11 |
| Weighted shares, basic | 49.8M | 49.5M | 49.3M |
| Weighted shares, diluted | 50.8M | 50.5M | 49.8M |
| Margins and growth | |||
| Gross margin | 11.7% | 12.6% | 12.8% |
| Operating margin | -0.0% | 4.8% | 5.7% |
| Net margin | 0.2% | 3.6% | 4.5% |
| Revenue growth, year over year | +11.3% | −9.8% | – |
| Net income growth, year over year | −92.3% | −28.4% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026! | FY2025 | FY2024 |
|---|---|---|---|
| Period end | May 31, 2026 | May 31, 2025 | May 31, 2024 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Jun 25, 2026 | Jun 27, 2025 | Jun 28, 2024 |
| Cash and equivalents | $84.6M | $38.0M | $40.2M |
| Accounts receivable | $496.2M | $438.7M | $472.6M |
| Inventory | $415.7M | $422.0M | $405.3M |
| Total current assets | $1.13B | $1.05B | $1.00B |
| Property, plant and equipment | $649.3M | $548.2M | $474.8M |
| Goodwill | $44.5M | $79.6M | $79.6M |
| Intangible assets | $77.3M | $67.9M | $77.0M |
| Total assets | $2.25B | $1.96B | $1.87B |
| Accounts payable | $424.0M | $402.5M | $380.4M |
| Short-term debt | $185.4M | $149.2M | $148.0M |
| Total current liabilities | $775.8M | $631.5M | $618.4M |
| Long-term debt | $44.4M | $2.30M | $0 |
| Total liabilities | $989.5M | $763.9M | $748.9M |
| Shareholders' equity | $1.20B | $1.20B | $1.12B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period end | May 31, 2026 | May 31, 2025 | May 31, 2024 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Jun 25, 2026 | Jun 27, 2025 | Jun 28, 2024 |
| Operating cash flow | $201.2M | $230.3M | $199.5M |
| Capital expenditures | $121.2M | $130.4M | $103.4M |
| Free cash flow | $80.0M | $99.9M | $96.1M |
| Depreciation and amortization | $84.2M | $66.0M | $65.3M |
| Stock-based compensation | $13.9M | $11.0M | $10.3M |
| Dividends paid | $32.6M | $31.9M | $7.90M |
| Investing cash flow | -$213.4M | -$129.1M | -$123.2M |
| Financing cash flow | $3.00M | -$48.5M | -$68.8M |
| Net change in cash | -$8.30M | $52.7M | $7.50M |
| Ratio | |||
| Stock-based compensation, % of revenue | 0.4% | 0.4% | 0.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 9, 2026 | 51.2M | +0.8% | SEC |
| Jul 24, 2026 | 50.9M | +0.1% | SEC |
| Apr 6, 2026 | 50.8M | +0.1% | SEC |
| Jan 6, 2026 | 50.8M | +0.1% | SEC |
| Oct 7, 2025 | 50.8M | +0.1% | SEC |
| Jul 25, 2025 | 50.9M | +1.0% | SEC |
| Apr 7, 2025 | 50.7M | +0.7% | SEC |
| Jan 6, 2025 | 50.8M | +1.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.