Worthington Steel Financial Statements
NYSE: WSIndustrialsSteel/Iron OreUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Worthington Steel revenue and earnings
In fiscal 2026, Worthington Steel generated $3.44 billion in revenue, up 11.3% from fiscal 2025. Net income was $8.5 million (-92.3% year over year), for a net margin of 0.2% versus a median of 4.0% in the prior 4 years. Gross margin was 11.7% (down from 12.6%) and operating margin -0.0%.
Diluted earnings per share came in at $0.17, down from $2.19. Over the last 4 fiscal years, WS's revenue has grown at a -4.1% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Worthington Steel income statement (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 | FY 20232023-05-31 | FY 20222022-05-31 |
|---|---|---|---|---|---|
| Revenue | 3.44B | 3.09B | 3.43B | 3.61B | 4.07B |
| Revenue growth (YoY) | +11.33% | -9.83% | -4.91% | -11.33% | — |
| Cost of Revenue | 3.04B | 2.70B | 2.99B | 3.27B | 3.67B |
| Gross Profit | 403.30M | 388.60M | 439.80M | 336.50M | 395.50M |
| Operating Expenses | 404.70M | 241.60M | 245.30M | 216.20M | 168.90M |
| Selling, General & Admin | 297.40M | 231.60M | 224.40M | 200.80M | 180.30M |
| Operating Income | -1.40M | 147.00M | 194.50M | 120.30M | 226.60M |
| Interest Expense | 28.40M | 7.10M | 6.00M | 3.00M | 3.00M |
| Other Income (Expense) | 16.60M | 3.80M | 5.30M | 3.70M | 900.00K |
| Pretax Income | 7.10M | 148.10M | 216.20M | 128.70M | 254.30M |
| Income Tax | 20.00M | 28.80M | 46.10M | 29.00M | 54.00M |
| Net Income | 8.50M | 110.70M | 154.70M | 87.10M | 180.40M |
| Net Income growth (YoY) | -92.32% | -28.44% | +77.61% | -51.72% | — |
| EPS (Basic) | 0.17 | 2.24 | 3.14 | 1.77 | 3.66 |
| EPS (Diluted) | 0.17 | 2.19 | 3.11 | 1.77 | 3.66 |
| Shares Outstanding (Basic) | 49.80M | 49.50M | 49.30M | 49.30M | 49.30M |
| Shares Outstanding (Diluted) | 50.80M | 50.50M | 49.80M | 49.30M | 49.30M |
| EBITDA | 82.80M | 213.00M | 259.80M | 189.90M | 286.10M |
| Gross Margin | 11.71% | 12.56% | 12.82% | 9.33% | 9.72% |
| Operating Margin | -4.00% | 4.75% | 5.67% | 3.33% | 5.57% |
| Net Margin | 25.00% | 3.58% | 4.51% | 2.41% | 4.43% |
This table shows 5 annual periods of Worthington Steel's income statement, from FY 2026 back to FY 2022, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WS's reporting calendar. What is a income statement?