Worthington Steel Quarterly Balance Sheet
NYSE: WSIndustrialsSteel/Iron OreUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Worthington Steel financial position
As of May 31, 2026, Worthington Steel reported total assets of $2.25 billion, up 14.8% from a year earlier against total liabilities of $989.5 million. Shareholders' equity stood at $1.06 billion, or 47.2% of assets. The company held $84.6 million in cash and equivalents against $256.8 million of debt, a net debt position of $172.2 million.
The current ratio (current assets divided by current liabilities) was 1.46, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.24.
Summary generated from market data by MetaCap's automated system. Methodology
Worthington Steel balance sheet (quarterly)
| Quarter (USD) | Q4 20262026-05-31 | Q3 20262026-02-28 | Q2 20262025-11-30 | Q1 20262025-08-31 | Q4 20252025-05-31 | Q3 20252025-02-28 | Q2 20252024-11-30 | Q1 20252024-08-31 | Q4 20242024-05-31 | Q3 20242024-02-29 | Q2 20232023-11-30 | Q1 20242023-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 84.60M | 90.00M | 89.80M | 78.30M | 38.00M | 63.30M | 52.00M | 36.00M | 40.20M | 60.80M | 214.40M | 27.40M |
| Receivables | 496.20M | 461.60M | 440.80M | 490.30M | 438.70M | 413.80M | 372.90M | 443.40M | 472.60M | 468.80M | 426.00M | — |
| Inventory | 415.70M | 435.60M | 413.00M | 478.50M | 422.00M | 342.30M | 343.00M | 392.10M | 405.30M | 408.20M | 373.80M | — |
| Total Current Assets | 1.13B | 1.11B | 1.05B | 1.15B | 1.05B | 912.60M | 857.40M | 955.50M | 1.00B | 1.02B | 1.09B | — |
| Property, Plant & Equipment | 649.30M | 677.90M | 663.40M | 656.00M | 548.20M | 516.70M | 505.20M | 486.60M | 474.80M | 447.40M | 433.40M | — |
| Goodwill | 44.50M | 103.30M | 101.50M | 101.70M | 79.60M | 79.30M | 79.50M | 79.70M | 79.60M | 79.70M | 79.20M | — |
| Intangible Assets | 77.30M | 87.00M | 88.30M | 90.00M | 67.90M | 69.30M | 73.90M | 75.50M | 77.00M | 78.60M | 80.20M | — |
| Total Assets | 2.25B | 2.32B | 2.15B | 2.24B | 1.96B | 1.80B | 1.74B | 1.83B | 1.87B | 1.85B | 1.90B | — |
| Accounts Payable | 424.00M | 401.90M | 339.20M | 385.70M | 402.50M | 334.90M | 285.50M | 359.30M | 380.40M | 407.30M | 349.90M | — |
| Short-Term Debt | 212.40M | 219.80M | 140.40M | 190.30M | 149.20M | 110.00M | 115.00M | 122.20M | 148.00M | 147.20M | 195.00M | — |
| Total Current Liabilities | 775.80M | 745.60M | 584.90M | 693.60M | 631.50M | 521.00M | 467.70M | 557.90M | 618.40M | 645.40M | 595.30M | — |
| Long-Term Debt | 44.40M | 31.60M | 41.70M | 43.10M | 2.30M | 2.20M | 0 | 0 | 0 | 0 | 0 | — |
| Total Liabilities | 989.50M | 958.10M | 803.10M | 912.40M | 763.90M | 656.60M | 594.20M | 686.20M | 748.90M | 778.70M | 725.90M | — |
| Shareholders' Equity | 1.06B | 1.12B | 1.12B | 1.10B | 1.07B | 1.01B | 1.01B | 1.01B | 985.30M | 937.60M | 1.04B | 1.25B |
| Retained Earnings | 140.00M | 205.70M | 203.50M | 192.50M | 164.20M | 116.50M | 111.00M | 106.30M | 86.10M | 40.90M | — | — |
| Total Debt | 256.80M | 251.40M | 182.10M | 233.40M | 151.50M | 112.20M | 115.00M | 122.20M | 148.00M | 147.20M | 195.00M | — |
| Net Cash (Debt) | -172.20M | -161.40M | -92.30M | -155.10M | -113.50M | -48.90M | -63.00M | -86.20M | -107.80M | -86.40M | 19.40M | 27.40M |
| Shares Outstanding | 49.92M | 49.91M | 49.86M | 49.64M | 49.55M | 49.50M | 49.50M | 49.40M | 49.33M | 49.30M | 49.30M | 49.30M |
This table shows 12 quarterly periods of Worthington Steel's balance sheet, from Q4 2026 back to Q1 2024, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow WS's reporting calendar. What is a balance sheet?