WS - Worthington Steel, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$46.00
DETAILS
HIGH:
$46.00
LOW:
$46.00
MEDIAN:
$46.00
CONSENSUS:
$46.00
UPSIDE:
27.60%
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue | 2,726.6 | 929.2 | 769.8 | 871.9 | 872.9 | 832.9 | 687.4 | 739 | 834 | 911 | 805.8 | 808 | 905.8 | 887.9 | 780.7 | 868.4 | 1,074.6 |
| Cost of Revenue | 2,465.4 | 811.1 | 693.7 | 778.7 | 757.7 | 705.9 | 606.2 | 659 | 733.6 | 780 | 685.7 | 747.8 | 777.3 | 733.8 | 717.5 | 833.9 | 986.0 |
| Gross Profit | 261.2 | 118.1 | 76.1 | 93.2 | 115.2 | 127 | 81.2 | 80 | 100.4 | 131 | 120.1 | 60.2 | 128.5 | 154.1 | 63.2 | 34.5 | 88.6 |
| Operating Expenses | |||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 208.8 | 81.2 | 77.5 | 70.9 | 67.9 | 58.9 | 54.6 | 61.1 | 57 | 63.7 | 52.8 | 54.1 | 53.8 | 49.8 | 49.7 | 50.7 | 47.3 |
| Other Expenses | (3.6) | 0 | 0 | 0 | (1) | 1.7 | 8.3 | 0 | 0 | 0 | 1 | 14.9 | 5 | 7.3 | 4 | 3.7 | 0.4 |
| Operating Expenses | 205.2 | 81.2 | 77.5 | 70.9 | 66.9 | 60.6 | 62.9 | 61.1 | 57 | 63.7 | 53.8 | 69 | 58.8 | 57.1 | 53.7 | 54.4 | 47.7 |
| Operating Income | |||||||||||||||||
| Operating Income | 56 | 36.9 | (1.4) | 22.3 | 48.3 | 66.4 | 18.3 | 18.9 | 43.4 | 67.3 | 66.3 | (8.8) | 69.7 | 97.0 | 9.5 | (19.9) | 40.9 |
| Interest Expense | 38.8 | 19.2 | 2.1 | 2.7 | 2.9 | 1 | 1.4 | 2.1 | 2.6 | 2.4 | 2.9 | 0.2 | 0.5 | 11.1 | 0.5 | 0.9 | 1.3 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||
| EBITDA | 78.6 | 58.1 | 38 | 50.1 | 75.2 | 93 | 35.1 | 38.1 | 55 | 93.8 | 85.2 | 12 | 96.5 | 123.7 | 27.6 | 0.7 | 59.0 |
| EBIT | 50.8 | 36.9 | 16.4 | 28.4 | 54.9 | 76.1 | 18.5 | 21.8 | 38.8 | 77.7 | 69.3 | (4.4) | 79.6 | 106.5 | 10.6 | (17.1) | 41.3 |
| Income Before Tax | 12 | (66.5) | 14.3 | 25.7 | 52 | 75.1 | 17.1 | 19.7 | 36.2 | 75.3 | 66.4 | (4.6) | 79.1 | 91.4 | 10.1 | (18) | 41.5 |
| Income Tax Expense | 12.1 | 1.5 | 3.5 | 4.2 | 13.4 | 16.2 | 5 | 3.6 | 4 | 17.6 | 14 | (2.5) | 17 | 22.6 | 0.8 | (5.5) | 10.3 |
| Net Income | (10) | (48.7) | 10.4 | 18.8 | 36.3 | 55.7 | 13.8 | 12.8 | 28.4 | 53.2 | 49 | (6) | 58.5 | 64.5 | 5.4 | (15.8) | 30.1 |
| Per Share Data | |||||||||||||||||
| EPS (Basic) | -0.20 | -0.98 | 0.22 | 0.38 | 0.73 | 1.13 | 0.28 | 0.26 | 0.57 | 1.08 | 0.99 | -0.12 | 1.18 | 1.36 | 0.11 | -0.32 | 0.61 |
| EPS (Diluted) | -0.20 | -0.98 | 0.22 | 0.38 | 0.73 | 1.10 | 0.27 | 0.25 | 0.56 | 1.06 | 0.99 | -0.12 | 1.18 | 1.36 | 0.11 | -0.32 | 0.61 |
| Shares Outstanding | 50 | 49.8 | 49.8 | 49.7 | 49.6 | 49.5 | 49.5 | 49.5 | 49.4 | 49.3 | 49.3 | 49.3 | 50.0 | 49.3 | 49.3 | 49.3 | 49.7 |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 248.2 | 84.6 | 90 | 89.8 | 78.3 | 38 | 63.3 | 52 | 36 | 40.2 | 60.8 | 214.4 | 27.4 | 32.7 | 20.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,422.6 | 496.2 | 464.3 | 445.6 | 491.9 | 438.8 | 420.7 | 382.1 | 451 | 476.8 | 475 | 430.1 | 501.8 | 472.3 | 0 |
| Inventory | 0 | 415.7 | 435.6 | 413 | 478.5 | 422 | 342.3 | 343 | 392.1 | 405.3 | 408.2 | 373.8 | 458.1 | 414.8 | 0 |
| Other Current Assets | 2,156.4 | 23 | 116.6 | 101.9 | 99.8 | 149.7 | 86.3 | 80.3 | 76.4 | 79.5 | 78.9 | 68.2 | 71.1 | 61.1 | (20.1) |
| Total Current Assets | 3,827.2 | 1,129.5 | 1,106.5 | 1,050.3 | 1,148.5 | 1,048.5 | 912.6 | 857.4 | 955.5 | 1,001.8 | 1,022.9 | 1,086.5 | 1,058.4 | 980.9 | 0 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 0 | 748.2 | 776.4 | 757.5 | 751.7 | 620.8 | 590.3 | 574 | 557.4 | 547.7 | 519.6 | 505.5 | 496.7 | 489.7 | 0 |
| Goodwill | 44.5 | 44.5 | 103.3 | 101.5 | 101.7 | 79.6 | 79.3 | 79.5 | 79.7 | 79.6 | 79.7 | 79.2 | 78.6 | 78.6 | 0 |
| Intangible Assets | 75 | 80.7 | 87 | 88.3 | 90 | 67.9 | 69.3 | 73.9 | 75.5 | 77 | 78.6 | 80.2 | 81.8 | 83.4 | 0 |
| Long-Term Investments | 106.7 | 245.6 | 221.1 | 133.8 | 133 | 126.6 | 122.6 | 130.4 | 136.3 | 135 | 130.3 | 127.4 | 123.5 | 114.6 | 0 |
| Other Non-Current Assets | 1,968.5 | 20.5 | 8.5 | 7.9 | 8 | 7 | 15.3 | 15.6 | 16.5 | 16.8 | 12.1 | 12.3 | 12.5 | 10.9 | 0 |
| Total Non-Current Assets | 2,194.7 | 1,139.5 | 1,209 | 1,099.7 | 1,094.8 | 913.3 | 887.1 | 881.9 | 873.9 | 864.6 | 826.1 | 810.9 | 799.4 | 783.5 | 0 |
| Total Assets | 6,021.9 | 2,269 | 2,315.5 | 2,150 | 2,243.3 | 1,961.8 | 1,799.7 | 1,739.3 | 1,829.4 | 1,866.4 | 1,849 | 1,897.4 | 1,857.8 | 1,764.4 | 0 |
| Current Liabilities | |||||||||||||||
| Account Payables | 1,170.8 | 422.4 | 401.9 | 339.2 | 385.7 | 402.5 | 334.9 | 285.5 | 359.3 | 380.4 | 407.3 | 349.9 | 406.6 | 402.2 | 0 |
| Short-Term Debt | 586.6 | 225.7 | 219.8 | 140.4 | 190.3 | 149.2 | 110 | 115 | 122.2 | 148 | 147.2 | 195 | 150 | 2.8 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 345.3 | 116.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 0 |
| Total Current Liabilities | 2,109.3 | 774.2 | 745.6 | 584.9 | 693.6 | 631.5 | 521 | 467.7 | 557.9 | 618.4 | 645.4 | 595.3 | 612.5 | 478.4 | 0 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 1,654.8 | 44.4 | 31.6 | 41.7 | 43.1 | 2.3 | 2.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 112 | 35.8 | 36.1 | 40.8 | 40 | 28.6 | 28 | 26.6 | 27.1 | 27.9 | 26.7 | 27 | 25.2 | 26.1 | 0 |
| Other Non-Current Liabilities | 92.3 | 51.5 | 57.3 | 51.7 | 48.8 | 32.8 | 35.8 | 35.3 | 34.8 | 34.3 | 38.2 | 34.6 | 38.6 | 33.6 | (1,266.4) |
| Total Non-Current Liabilities | 2,212.3 | 216 | 212.5 | 218.2 | 218.8 | 132.4 | 135.6 | 126.5 | 128.3 | 130.5 | 133.3 | 130.6 | 134.3 | 131.4 | (1,266.4) |
| Total Liabilities | 4,321.6 | 990.2 | 958.1 | 803.1 | 912.4 | 763.9 | 656.6 | 594.2 | 686.2 | 748.9 | 778.7 | 725.9 | 746.8 | 609.8 | (1,266.4) |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039.5 | 1,130.4 | 1,031.1 | 0 |
| Retained Earnings | 121.8 | 148.8 | 205.7 | 203.5 | 192.5 | 164.2 | 116.5 | 111 | 106.3 | 86.1 | 40.9 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | (15.6) | 3.9 | 2.1 | (1.5) | (2.9) | (4) | (15.4) | (9.8) | (3.9) | (6.1) | (6.3) | 0.8 | (10.3) | (2.1) | 1,133.2 |
| Total Stockholders' Equity | 1,032.3 | 1,072.1 | 1,124.5 | 1,117.1 | 1,104.9 | 1,074.1 | 1,012.3 | 1,010.8 | 1,009.1 | 985.3 | 937.6 | 1,040.3 | 983.7 | 1,029 | 1,266.4 |
| Total Liabilities & Equity | 6,021.9 | 2,269 | 2,315.5 | 2,150 | 2,243.3 | 1,961.8 | 1,799.7 | 1,739.3 | 1,829.4 | 1,866.4 | 1,849 | 1,897.4 | 1,857.8 | 1,764.4 | 0 |
| Debt Metrics | |||||||||||||||
| Total Debt | 2,583.9 | 354.4 | 352.6 | 278.8 | 333.3 | 227.9 | 189.2 | 187 | 196 | 223.9 | 222.3 | 269.8 | 226.3 | 80.4 | 0 |
| Net Debt | 2,335.7 | 269.8 | 262.6 | 189 | 255 | 189.9 | 125.9 | 135 | 160 | 183.7 | 161.5 | 55.4 | 198.9 | 47.7 | (20.1) |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||
| Net Income | (10) | (48.7) | 10.8 | 21.5 | 38.6 | 58.9 | 12.1 | 16.1 | 32.2 | 53.2 | 49 | (2.1) | 62.1 | 71.6 | 5.4 | (15.8) | 58.5 |
| Depreciation & Amortization | 27.8 | 21.2 | 21.6 | 21.7 | 20.3 | 16.9 | 16.6 | 16.3 | 16.2 | 16.1 | 15.9 | 16.4 | 16.9 | 17.2 | 17 | 17.8 | 17.7 |
| Stock-Based Compensation | 2.3 | 2.1 | 0.4 | 4 | 7.4 | 2.9 | 2.8 | 2.9 | 2.4 | 2 | 2.2 | 3.3 | 2.8 | 2.9 | 2.7 | 2.5 | 0 |
| Change in Working Capital | (60.3) | 14.1 | 12.5 | 51.4 | (63.9) | (20.3) | 7.2 | 27.2 | 6.1 | (18.5) | (21.8) | 126.3 | (94.1) | (1.5) | 76.9 | 184.7 | (94.1) |
| Other Non-Cash Items | 54.1 | 56.4 | 25 | 0.2 | (7.3) | (3.7) | 15.1 | 6.9 | (1.4) | (17.2) | 0.3 | (3.9) | (8.2) | (1.4) | 16.3 | (85.9) | (2.7) |
| Operating Cash Flow | 9.5 | 44.9 | 63.3 | 99.3 | (6.3) | 53.9 | 53.8 | 68 | 54.6 | 35.6 | 44.7 | 139.9 | (20.7) | 79.3 | 118.2 | 103.3 | (20.7) |
| Investing Activities | |||||||||||||||||
| Capital Expenditure | (63) | (83.5) | 54.1 | (24.7) | (29.4) | (45.5) | (28.6) | (34.8) | (21.5) | (44.8) | (22.4) | (18.9) | (17.3) | (9.1) | (10.8) | (14.5) | (17.3) |
| Acquisitions | (545.2) | (7.3) | 0 | 0 | (1.6) | 0 | 0 | 0 | 0 | (4.6) | (1.9) | (21) | (1.9) | 0 | 0 | 0 | (1.9) |
| Purchases of Investments | 0 | (4.8) | (101.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (62.1) | (0.1) | (68.5) | 0 | 1.4 | 0.2 | 0 | 1.1 | 0 | 0 | 0 | 0.8 | 0 | 0.1 | 0 | 23.2 | 0 |
| Investing Cash Flow | (607.3) | (49.3) | (115.8) | (24.7) | (29.6) | (45.3) | (28.6) | (33.7) | (21.5) | (49.4) | (24.3) | (39.1) | (19.2) | (9.0) | (10.8) | 8.7 | (19.2) |
| Financing Activities | |||||||||||||||||
| Net Debt Issuance | 772.9 | 5.9 | 64.5 | (51.3) | 30.7 | 39.3 | (2.8) | (7.2) | (25.8) | 0.8 | (27.8) | 175 | (2.8) | (0.8) | (6.3) | (20.6) | (2.8) |
| Stock Repurchased | 0 | 0 | 0 | 0 | (1.6) | (0.2) | (1.2) | (0.1) | (1.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (8.2) | (8) | (8.1) | (8.4) | (8.1) | (8) | (8) | (7.9) | (8) | (7.9) | (150) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (2.7) | 6 | (3.5) | (4.8) | 0 | (10.1) | (1.9) | (3.1) | (1.9) | 0 | 3.8 | (88.8) | 37.4 | (69.5) | (99.5) | (87.1) | 37.4 |
| Financing Cash Flow | 762 | (2) | 52.9 | (62.9) | 21 | 21 | (13.9) | (18.3) | (37.3) | (6.8) | (174) | 86.2 | 34.6 | (70.3) | (105.8) | (107.7) | 34.6 |
| Cash Position | |||||||||||||||||
| Net Change in Cash | 163.6 | (5.4) | 0.2 | 11.5 | (14.6) | 29.6 | 11.3 | 16 | (4.2) | (20.6) | (153.6) | 187 | (32.7) | (0.0) | 1.6 | 4.3 | (32.7) |
| Cash at Beginning | 84.6 | 90 | 89.8 | 78.3 | 92.9 | 63.3 | 52 | 36 | 40.2 | 60.8 | 214.4 | 27.4 | 32.7 | 32.7 | 31.1 | 26.8 | 32.7 |
| Cash at End | 248.2 | 84.6 | 90 | 89.8 | 78.3 | 92.9 | 63.3 | 52 | 36 | 40.2 | 60.8 | 214.4 | 0 | 32.7 | 32.7 | 31.1 | 0 |
| Free Cash Flow | (53.5) | (38.6) | 117.4 | 74.6 | (35.7) | 8.4 | 25.2 | 33.2 | 33.1 | (9.2) | 22.3 | 121 | (38.0) | 70.2 | 107.4 | 88.8 | (38) |
| Key Metrics | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||
| Revenue | 2,726.6 | 929.2 | 769.8 | 871.9 | 872.9 | 832.9 | 687.4 | 739 | 834 | 911 | 805.8 | 808 | 905.8 | 887.9 | 780.7 | 868.4 | 1,074.6 |
| Gross Profit | 261.2 | 118.1 | 76.1 | 93.2 | 115.2 | 127 | 81.2 | 80 | 100.4 | 131 | 120.1 | 60.2 | 128.5 | 154.1 | 63.2 | 34.5 | 88.6 |
| Operating Income | 56 | 36.9 | (1.4) | 22.3 | 48.3 | 66.4 | 18.3 | 18.9 | 43.4 | 67.3 | 66.3 | (8.8) | 69.7 | 97.0 | 9.5 | (19.9) | 40.9 |
| Net Income | (10) | (48.7) | 10.4 | 18.8 | 36.3 | 55.7 | 13.8 | 12.8 | 28.4 | 53.2 | 49 | (6) | 58.5 | 64.5 | 5.4 | (15.8) | 30.1 |
| EPS (Diluted) | -0.20 | -0.98 | 0.22 | 0.38 | 0.73 | 1.10 | 0.27 | 0.25 | 0.56 | 1.06 | 0.99 | -0.12 | 1.18 | 1.36 | 0.11 | -0.32 | 0.61 |
| Balance Sheet | |||||||||||||||||
| Cash & Equivalents | 248.2 | 84.6 | 90 | 89.8 | 78.3 | 38 | 63.3 | 52 | 36 | 40.2 | 60.8 | 214.4 | 27.4 | 32.7 | 20.1 | ||
| Total Assets | 6,021.9 | 2,269 | 2,315.5 | 2,150 | 2,243.3 | 1,961.8 | 1,799.7 | 1,739.3 | 1,829.4 | 1,866.4 | 1,849 | 1,897.4 | 1,857.8 | 1,764.4 | 0 | ||
| Total Debt | 2,583.9 | 354.4 | 352.6 | 278.8 | 333.3 | 227.9 | 189.2 | 187 | 196 | 223.9 | 222.3 | 269.8 | 226.3 | 80.4 | 0 | ||
| Stockholders' Equity | 1,032.3 | 1,072.1 | 1,124.5 | 1,117.1 | 1,104.9 | 1,074.1 | 1,012.3 | 1,010.8 | 1,009.1 | 985.3 | 937.6 | 1,040.3 | 983.7 | 1,029 | 1,266.4 | ||
| Cash Flow | |||||||||||||||||
| Operating Cash Flow | 9.5 | 44.9 | 63.3 | 99.3 | (6.3) | 53.9 | 53.8 | 68 | 54.6 | 35.6 | 44.7 | 139.9 | (20.7) | 79.3 | 118.2 | 103.3 | (20.7) |
| Capital Expenditure | (63) | (83.5) | 54.1 | (24.7) | (29.4) | (45.5) | (28.6) | (34.8) | (21.5) | (44.8) | (22.4) | (18.9) | (17.3) | (9.1) | (10.8) | (14.5) | (17.3) |
| Free Cash Flow | (53.5) | (38.6) | 117.4 | 74.6 | (35.7) | 8.4 | 25.2 | 33.2 | 33.1 | (9.2) | 22.3 | 121 | (38.0) | 70.2 | 107.4 | 88.8 | (38) |