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Worthington Steel, Inc. (WS) stock

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NYSE: WS NYSE Steel Next results ~December 16, 2026

C+ Fundamentals grade

Worthington Steel, Inc. is a US-listed company in the steel industry. Its financial year ends in May.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$12

Valuation models combined (2)

Base case. Range ~$11–$13. Weighted average of 2 models (residual income, justified price-to-book).

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Worthington Steel, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 3 selling2 purchases and 11 sales by directors and officers, last 12 monthsInsider trades
  • Funds106 adding, 101 cuttingOf 35 active managers that changed their stake, 18 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Worthington Steel files

Where Worthington Steel stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $5.30bn, up 69.1% on a year earlier, faster than the 11.3% growth a quarter earlier. That growth ranks 1 of 9 among the steel companies we cover. Free-cash-flow margin held at 0.9%. Operating margin narrowed to 0.1% from 4.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 6 financial-health checks.

Source: 10-Q filed October 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 16, 2026 (estimated)

Worthington Steel, Inc.'s trailing-twelve-month revenue grew 69.1% year on year, with a free-cash-flow margin of 0.9%. Where it stands out: revenue growth of 69.1% ranks 1 of 15 steel companies we cover. Where it lags: days sales outstanding of 96 days ranks 10 of 12 steel companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 69.1% (+57.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 69.1% over the last 12 months, against a median of 14.2% for steel companies we cover.
  • Growth speeding up. The growth rate is 57.8 points higher than a quarter earlier.

Things to watch

  • Margins narrowing. Operating margin is down 4.7 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 1.6 against the S&P 500.
  • Gross margin slipping. Gross margin is down 2.5 points on a year ago.
  • Below peers: days sales outstanding. Days sales outstanding of 96 days ranks 10 of 12 steel companies we cover (median 52 days).
  • Below peers: change in share count. Change in share count of 0.2% ranks 12 of 15 steel companies we cover (median -0.8%).

Latest results: FY2027 Q1

Filed October 13, 2026
Earnings per share
$0.57 against an average estimate of $1.16: missed by 50.9%
Revenue
$2.73bn, up 212.4% on a year earlier
Share reaction
-9.3% in the first session after the results on October 7, 2026, against -0.7% for the S&P 500
Next report
December 16, 2026; average EPS estimate $0.84

Worthington Steel's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.8%
  • 1 week-1.0%
  • 1 month+13.1%
  • This year+22.4%
  • 1 year+33.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.3B
Operating margin
0.1%
Net margin
-0.7%
EPS (TTM, diluted)
$-0.76

Growth

Revenue growth
+69.1%
Change in growth rate
+57.8 pts
Share count change
+0.2%

Cash

Free cash flow (TTM)
$46.7M
FCF margin
0.9%
Stock pay % of revenue
0.2%

Earnings

Last results
October 7, 2026
Next results (est.)
December 18, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Results
  4. Results
  5. Dividend
  6. Announcement
  7. Shareholder vote
  8. Partnership
  9. Agreement
  10. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Worthington Steel, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Worthington Steel, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.24 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$13 ~$9.5–$19 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$11 ~$9.5–$12 Included
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$54 ~$46–$160 Left out: far from the other models (more than 3x away from their median)
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$12 ~$11–$13 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Worthington Steel, Inc. with Steel in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202420252026Now
Share price$31.41$24.19$41.83$41.81
Market value$1.6bn$1.2bn$2.1bn$2.1bn
+ Net debt (− = net cash)$108m$263m$172m$2.0bn
Enterprise value$1.7bn$1.5bn$2.3bn$4.1bn
Multiples
Price / sales 0.5x0.4x0.6x0.4x
Price / earnings 10.1x11.0xn/m—
Price / free cash flow 16.3x12.2x26.6x45.3x
EV / EBITDA 6.4x7.0x27.7x41.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 16, 2026, after the close. Analysts expect revenue of $2.8bn and EPS of $0.84 (range $0.84 to $0.84) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.85 +73% $11.3bn +230%
Next $4.65 +21% $10.8bn −5%

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $1.16 $0.57 −50.9%
Feb 2026 $0.47 $0.27 −42.5%
Nov 2025 $0.39 $0.38 −2.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Oct 2026
Buy150%
Hold150%
Sell00%

Monthly trend

  1. Oct 2026112
  2. Sep 2026112

Counts of recommendations published by analysts covering Worthington Steel, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.6%
of tradable shares
Days to cover
5.45
at average volume
Short interest, 1 month
+7%
to September 30, 2026
Held by institutions
56%
of shares
Held by insiders
35.8%
of shares
Employees
12,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +33.1%

$31.42 on October 31, 2025 to $41.81

ThenNowEffect
Revenue (last 12 months) $3.1bn $5.3bn +69.1%
P/S multiple 0.5x 0.4x −21.2%
Share count 51m 51m −0.2%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202420252026 to date
Return
WS+15%+11%+22%
Industry peers (median)−15%+38%+24%
S&P 500+25%+18%+11%
Months that ended higher
WS67%58%73%
S&P 50075%75%46%
Largest fall from a high during the year
WS−32%−29%−42%
S&P 500−8%−19%−9%

Worst fall since November 28, 2023: 51% from November 11, 2024 to April 8, 2025. Getting back needed a 104% gain, reached on February 4, 2026, 302 days after the low.

Price behaviour

52-week range
$27.86 – $48.03
From 52-week high
−13.0%
vs 50-day average
+13.7%
vs 200-day average
+11.8%
Volatility (1 year)
47%
Beta vs S&P 500
1.61

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±5.6%
After a week
4 up, 8 down
typical move ±5.8%
After a month
5 up, 6 down
typical move ±9.6%
Results releasedNext dayS&P 500 next day5 days21 days
October 7, 2026 −9.3% −0.7% +1.5% —
June 25, 2026 −2.7% −0.6% −19.2% −7.2%
March 26, 2026 −19.7% −3.5% −13.6% +7.7%
December 19, 2025 +0.8% +1.5% −1.2% +11.5%
September 29, 2025 +0.6% +0.7% +2.8% +5.5%
June 27, 2025 −5.7% +1.0% −0.9% −3.3%
March 21, 2025 −4.2% +1.8% −8.1% −12.2%
December 20, 2024 −2.5% +1.8% −3.5% −8.2%
September 30, 2024 +1.9% −0.5% +1.2% +19.8%
June 28, 2024 −0.2% −0.2% −1.0% +17.8%
March 26, 2024 +5.8% +0.7% +6.0% −10.2%
December 22, 2023 +14.3% +0.6% −10.3% −2.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Worthington Steel, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Worthington Steel, Inc.
$3B $4B $5B $6B FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $3.4B Revenue (TTM), FY24 Q3: $3.4B Revenue (TTM), FY24 Q4: $3.4B Revenue (TTM), FY25 Q1: $3.4B Revenue (TTM), FY25 Q2: $3.3B Revenue (TTM), FY25 Q3: $3.2B Revenue (TTM), FY25 Q4: $3.1B Revenue (TTM), FY26 Q1: $3.1B Revenue (TTM), FY26 Q2: $3.3B Revenue (TTM), FY26 Q3: $3.3B Revenue (TTM), FY26 Q4: $3.4B Revenue (TTM), FY27 Q1: $5.3B $5.3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $3.4B
FY24 Q3 $3.4B
FY24 Q4 $3.4B
FY25 Q1 $3.4B
FY25 Q2 $3.3B
FY25 Q3 $3.2B
FY25 Q4 $3.1B
FY26 Q1 $3.1B
FY26 Q2 $3.3B
FY26 Q3 $3.3B
FY26 Q4 $3.4B
FY27 Q1 $5.3B
Revenue growth, TTM YoY Worthington Steel, Inc.
-20% 0% 20% 40% 60% 80% FY25 Q1 FY25 Q3 FY26 Q1 FY26 Q3 FY27 Q1 Revenue growth, TTM YoY, FY25 Q1: -2.3% Revenue growth, TTM YoY, FY25 Q2: -2.6% Revenue growth, TTM YoY, FY25 Q3: -6.8% Revenue growth, TTM YoY, FY25 Q4: -9.8% Revenue growth, TTM YoY, FY26 Q1: -6.7% Revenue growth, TTM YoY, FY26 Q2: -0.8% Revenue growth, TTM YoY, FY26 Q3: 5.6% Revenue growth, TTM YoY, FY26 Q4: 11.3% Revenue growth, TTM YoY, FY27 Q1: 69.1% 69.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY25 Q1 -2.3%
FY25 Q2 -2.6%
FY25 Q3 -6.8%
FY25 Q4 -9.8%
FY26 Q1 -6.7%
FY26 Q2 -0.8%
FY26 Q3 5.6%
FY26 Q4 11.3%
FY27 Q1 69.1%
Operating margin (TTM) Worthington Steel, Inc.
-2% 0% 2% 4% 6% 8% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: 4.7% Operating margin (TTM), FY24 Q3: 6.4% Operating margin (TTM), FY24 Q4: 5.7% Operating margin (TTM), FY25 Q1: 5.0% Operating margin (TTM), FY25 Q2: 6.0% Operating margin (TTM), FY25 Q3: 4.7% Operating margin (TTM), FY25 Q4: 4.8% Operating margin (TTM), FY26 Q1: 4.8% Operating margin (TTM), FY26 Q2: 4.7% Operating margin (TTM), FY26 Q3: 4.2% Operating margin (TTM), FY26 Q4: -0.0% Operating margin (TTM), FY27 Q1: 0.1% 0.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 4.7%
FY24 Q3 6.4%
FY24 Q4 5.7%
FY25 Q1 5.0%
FY25 Q2 6.0%
FY25 Q3 4.7%
FY25 Q4 4.8%
FY26 Q1 4.8%
FY26 Q2 4.7%
FY26 Q3 4.2%
FY26 Q4 -0.0%
FY27 Q1 0.1%
FCF margin (TTM) Worthington Steel, Inc.
0% 2% 4% 6% 8% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 FCF margin (TTM), FY24 Q2: 7.7% FCF margin (TTM), FY24 Q3: 5.2% FCF margin (TTM), FY24 Q4: 2.8% FCF margin (TTM), FY25 Q1: 5.0% FCF margin (TTM), FY25 Q2: 2.4% FCF margin (TTM), FY25 Q3: 2.6% FCF margin (TTM), FY25 Q4: 3.2% FCF margin (TTM), FY26 Q1: 1.0% FCF margin (TTM), FY26 Q2: 2.2% FCF margin (TTM), FY26 Q3: 2.4% FCF margin (TTM), FY26 Q4: 2.3% FCF margin (TTM), FY27 Q1: 0.9% 0.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q2 7.7%
FY24 Q3 5.2%
FY24 Q4 2.8%
FY25 Q1 5.0%
FY25 Q2 2.4%
FY25 Q3 2.6%
FY25 Q4 3.2%
FY26 Q1 1.0%
FY26 Q2 2.2%
FY26 Q3 2.4%
FY26 Q4 2.3%
FY27 Q1 0.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2022 May 2022 2023 May 2023 2024 May 2024 2025 May 2025 2026 May 2026 LTM Aug 2026
Income
Revenue 4,069 3,608 3,431 3,093 3,444 5,298
Gross profit 396 337 440 389 403 549
EBITDA 286 190 260 213 83 98
Operating income 227 120 195 147 −1 6
Net income 180 87 155 111 9 −38
Diluted EPS $3.66 $1.77 $3.11 $2.19 $0.17 −$0.76
Growth (year on year)
Revenue — −11.3% −4.9% −9.8% +11.3% +69.1%
EBITDA — −33.6% +36.8% −18.0% −61.1% −55.9%
Operating income — −46.9% +61.7% −24.4% −101.0% −95.9%
Net income — −51.7% +77.6% −28.4% −92.3% −132.2%
Diluted EPS — −51.6% +75.7% −29.6% −92.2% −132.1%
Margins
Gross margin 9.7% 9.3% 12.8% 12.6% 11.7% 10.4%
EBITDA margin 7.0% 5.3% 7.6% 6.9% 2.4% 1.8%
Operating margin 5.6% 3.3% 5.7% 4.8% −0.0% 0.1%
Net margin 4.4% 2.4% 4.5% 3.6% 0.2% −0.7%
Free-cash-flow margin 0.1% 7.5% 2.8% 3.2% 2.3% 0.9%
Cash flow
Cash from operations 40 315 200 230 201 202
Capital spending 36 46 103 130 121 155
Free cash flow 3 270 96 100 80 47
Stock-based pay 9 10 10 11 14 10
Free cash flow after stock pay −6 259 86 89 66 37
Balance sheet
Cash 20 33 40 38 85 248
Total debt 0 23 148 301 257 2,230
Net debt (negative = net cash) −20 −10 108 263 172 1,982
Diluted shares 49m 49m 50m 51m 51m 51m
Returned to shareholders
Dividends 0 0 8 32 33 33
Total returned 0 0 8 32 33 33

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · August 31, 2026
What it owns · $6.0bn
Short-term assets $3.8bnLonger-term assets $2.2bn
What it owes, and who funded it · $5.4bn
Short-term liabilities $2.1bnLonger-term liabilities $2.2bnShareholders' equity $1.0bn
  • Short-term assets cover short-term liabilities $3.8bn of assets due within a year against $2.1bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3.8bn short-term assets against $2.2bn of longer-dated liabilities.
  • More cash than debt $248m of cash against $2.2bn of debt.
  • Debt below 40% of shareholders' equity Debt is 213% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $202m of operating cash flow against $2.2bn of debt.
  • Operating profit covers interest at least five times over Operating income of $6m against $64m of interest.

From Worthington Steel, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$32.7M
Returned to shareholders
70%
of free cash flow
Diluted share count
+0.2%
year over year
Total shareholder yield
1.6%
dividends 1.6% + buybacks 0.0% of market value
Sales & admin spending
8.3%
of revenue
Days sales outstanding
96 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in steel
Last 12 months unless stated WS RYZ CRS CMC SXC RS Median
Revenue, last 12 months $5.3bn $6.9bn $3.2bn $9.4bn $1.9bn $17.4bn $5.3bn
Revenue growth, last 12 months 69.1% 53.2% 10.2% 20.5% 2.9% 24.7% 14.2%
Revenue growth, 3-year average 15.5% 9.1% −5.3% 2.2% −2.7% 4.8% 2.2%
Revenue growth, latest quarter 212.4% 87.5% 8.8% 25.7% −0.2% 42.8% 23.0%
Gross margin 10.4% 17.3% 31.2% 18.6% 11.2% 31.5% 11.2%
Operating margin 0.1% 1.0% 23.4% — −1.3% 8.8% 0.5%
Operating margin, 3-year average 3.3% 0.9% 18.6% — 3.6% 8.5% 3.6%
Net margin −0.7% 0.2% 17.9% 7.0% −2.9% 6.4% 1.7%
Cash from operations / revenue 3.8% −1.6% 19.4% 11.3% 10.4% 4.6% 4.6%
Free-cash-flow margin 0.9% −2.7% 10.7% 5.1% 6.3% 2.8% 2.8%
Free-cash-flow margin, 3-year average 2.3% 0.3% 9.1% 5.5% 4.5% 5.0% 4.4%
Stock pay / revenue 0.2% 0.2% 0.9% 0.5% 0.2% 0.4% 0.4%
Change in share count 0.2% 41.1% −0.8% −1.9% 0.1% −3.1% −0.8%

Median of all 15 companies we cover in steel. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

15 steel companies
Measure Company Peer median Rank
Revenue growth Growth 69.1% 14.2% 1 of 15
Change in growth rate Growth +57.8pp +4.9pp 1 of 15
Gross margin Profitability 10.4% 10.8% 8 of 13
Operating margin Profitability 0.1% 0.1% 6 of 11
Net margin Profitability -0.7% 1.7% 11 of 15
Free-cash-flow margin Cash generation 0.9% 2.8% 9 of 15
Stock pay as % of revenue Cash generation 0.2% 0.4% 2 of 11
Long-term debt as % of assets Balance sheet 27.5% 18.5% 9 of 12
Change in share count Balance sheet 0.2% -0.8% 12 of 15
Days sales outstanding Balance sheet 96 days 52 days 10 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to May 31, 2026
Geography
Region Revenue Share YoY
United States $2.6B 74.4% ▲ 5.1%
Canada $392M 11.4% ▲ 18.5%
Rest of World $283M 8.2% ▲ 138.7%
Mexico $208M 6.0% ▲ 0.1%

From Worthington Steel, Inc.'s 10-K filed July 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$942M
Institutions reporting
235
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
25 / 30

Top buyers and sellers, Q2 2026: 106 institutions bought and 101 sold ; the biggest buyer was T. Rowe Price Investment Management, Inc (+690K shares) and the biggest seller State Street Corp (−185K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $172M 5.1M 18.2% ▲ 0.1%
Dimensional Fund Advisors LP $86.2M 2.6M 9.1% ▲ 1.8%
Vanguard Portfolio Management LLC $76.6M 2.3M 8.1% ▲ 0.2%
State Street Corp $69.8M 2.1M 7.4% ▼ 8.2%
Vanguard Capital Management LLC $55.4M 1.7M 5.9% ▲ 1.7%
T. Rowe Price Investment Management, Inc. $40.9M 1.2M 4.3% ▲ 130.6%
Geode Capital Management, LLC $29.9M 890K 3.2% ▲ 6.3%
Alliancebernstein L.P. $28.6M 944K 3.0% ▼ 1.3%
Fisher Asset Management, LLC $21.5M 640K 2.3% ▲ 150.1%
Charles Schwab Investment Management Inc $20.8M 620K 2.2% ▼ 16.2%
Teacher Retirement System Of Texas $19.8M 589K 2.1% ▲ 4.3%
Invesco Ltd. $17.2M 512K 1.8% ▲ 35.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Worthington Steel, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $374,145 2 trades by 2 insiders, last 12 months Insider sales History → $2.5M 11 trades by 3 insiders · 100% under pre-set plans
Net ▼ $2.1M net selling
Insider Date Trade Shares Price Value
Larivey Clifford President Flat Rolled Stl Proc October 19, 2026 Sell pre-set plan 300 $41.00 $12,300
Larivey Clifford President Flat Rolled Stl Proc October 19, 2026 Sell pre-set plan 6,868 $40.14 $275,698
Larivey Clifford President Flat Rolled Stl Proc October 16, 2026 Sell pre-set plan 18,370 $40.31 $740,542
Larivey Clifford President Flat Rolled Stl Proc October 15, 2026 Sell pre-set plan 1,100 $40.04 $44,039
Larivey Clifford President Flat Rolled Stl Proc October 6, 2026 Sell pre-set plan 200 $40.00 $8,000
Klingler Jeffrey R Chief Operating Officer June 2, 2026 Sell pre-set plan 14,008 $43.52 $609,628
Klingler Jeffrey R Chief Operating Officer June 2, 2026 Sell pre-set plan 6,028 $44.53 $268,427
Adams Timothy A Chief Financial Officer June 1, 2026 Sell pre-set plan 1,267 $42.77 $54,190
Adams Timothy A Chief Financial Officer June 1, 2026 Sell pre-set plan 1,100 $41.70 $45,870
Klingler Jeffrey R Chief Operating Officer June 1, 2026 Sell pre-set plan 200 $43.00 $8,600
Larivey Clifford President Flat Rolled Stl Proc May 22, 2026 Sell pre-set plan 11,105 $40.09 $445,199
Bowsher Jon J Director January 30, 2026 Buy 2,500 $40.15 $100,375

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 18, 2026 estimated from the company's past filing pattern, not announced

  • October 7, 2026
  • June 25, 2026
  • March 26, 2026
  • December 19, 2025
  • September 29, 2025
  • June 27, 2025

Recent SEC filings

Data status

When each part of this page on Worthington Steel, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Worthington Steel, Inc. in brief

What does Worthington Steel, Inc. do?
Worthington Steel, Inc. is a US-listed company in the steel industry. Its financial year ends in May.
What is Worthington Steel, Inc.'s stock ticker?
Worthington Steel, Inc. trades under the ticker WS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Worthington Steel, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Worthington Steel, Inc. reported revenue of $5.3B, 69.1% higher than a year earlier, according to its SEC filings.
What is Worthington Steel, Inc.'s free cash flow?
Worthington Steel, Inc.'s free-cash-flow margin is 0.9% of revenue over the trailing twelve months, ranking 9 of the 15 steel companies we cover.
Who are Worthington Steel, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Worthington Steel, Inc.'s market cap?
On November 2, 2026, Worthington Steel, Inc.'s market capitalisation was about $2.1B and net debt of $2B. Market figures come from third-party market data and may be delayed.
Does Worthington Steel, Inc. pay a dividend?
Yes: Worthington Steel, Inc. paid $32.7M in dividends over the trailing twelve months, a dividend yield of 1.56%.
How much debt does Worthington Steel, Inc. have?
Worthington Steel, Inc.'s debt-to-equity ratio is 212.8%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Worthington Steel, Inc.'s competitors?
In our Steel peer group, the companies closest to Worthington Steel, Inc. are Ryerson Holding Corp, Carpenter Technology Corp, Commercial Metals Co, Suncoke Energy, Inc. and Reliance, Inc. The side-by-side comparison below sets their revenue, margins and growth against Worthington Steel, Inc.'s.
Are insiders buying or selling Worthington Steel, Inc. stock?
Over the last 12 months, Worthington Steel, Inc.'s directors and officers reported 2 open-market purchases and 11 sales on Form 4. The insider trading page charts every trade.
When is Worthington Steel, Inc.'s next earnings date?
Around December 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Worthington Steel, Inc. announces its own schedule.