Worthington Steel, Inc.WSEarnings & Financial Report
Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...
Revenue
$808.0M
Gross Profit
$60.2M
Operating Profit
$-8.8M
Net Profit
$-6.0M
Gross Margin
7.5%
Operating Margin
-1.1%
Net Margin
-0.7%
YoY Growth
N/A
EPS
$-0.12
Financial Flow
Worthington Steel, Inc. Q2 2024 Financial Summary
Worthington Steel, Inc. reported revenue of $808.0M for Q2 2024, with a net profit of $-6.0M (-0.7% margin). Cost of goods sold was $747.8M, operating expenses totaled $69.0M.
Key Financial Metrics
| Total Revenue | $808.0M |
|---|---|
| Net Profit | $-6.0M |
| Gross Margin | 7.5% |
| Operating Margin | -1.1% |
| Report Period | Q2 2024 |
Worthington Steel, Inc. Annual Revenue by Year
Worthington Steel, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.1B |
Worthington Steel, Inc. Quarterly Revenue & Net Profit History
Worthington Steel, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2026 | $871.9M | +18.0% | $18.8M | 2.2% |
| Q1 2026 | $872.9M | +4.7% | $36.8M | 4.2% |
| Q4 2025 | $832.9M | — | $55.7M | 6.7% |
| Q3 2025 | $687.4M | -14.7% | $13.8M | 2.0% |
| Q2 2025 | $739.0M | -8.5% | $12.8M | 1.7% |
| Q1 2025 | $834.0M | +3.5% | $28.4M | 3.4% |
| Q3 2024 | $805.8M | — | $49.0M | 6.1% |
| Q2 2024 | $808.0M | — | $-6.0M | -0.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $808.0M | $805.8M | $834.0M | $739.0M | $687.4M | $832.9M | $872.9M | $871.9M |
| YoY Growth | N/A | N/A | 3.5% | -8.5% | -14.7% | N/A | 4.7% | 18.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.90B | $1.85B | $1.83B | $1.74B | $1.80B | $1.96B | $2.24B | $2.15B |
| Liabilities | $725.9M | $778.7M | $686.2M | $594.2M | $656.6M | $763.9M | $912.4M | $803.1M |
| Equity | $1.04B | $937.6M | $1.01B | $1.01B | $1.01B | $1.07B | $1.10B | $1.12B |
Cash Flow
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $139.9M | $44.7M | $54.6M | $68.0M | $53.8M | $53.9M | $-6.3M | $99.3M |