Worthington Steel, Inc.
Worthington Steel, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $3.4 billion, up 11.3% from fiscal 2025. In the quarter to August 2026, revenue grew 212.4%, EPS fell 125.7%, free cash flow fell 42.6% and total debt rose 823.5%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| May '26 | May '25 | May '24 | May '23 | May '22 | |
|---|---|---|---|---|---|
Cash and Short Term Investments |
84.60 | 92.90 | 40.20 | 32.70 | — |
Receivables |
510.50 | 438.80 | 476.80 | 472.30 | — |
Inventory |
415.70 | 422.00 | 405.30 | 414.80 | — |
Other current assets |
9.10 | 11.50 | 2.90 | 3.40 | — |
Total current assets |
1,129.90 | 1,048.50 | 1,001.80 | 980.90 | — |
Property, Plant, Equpment (Net) |
649.30 | 548.20 | 474.80 | 414.40 | — |
Long-Term Investments |
245.60 | 126.60 | 135.00 | 114.60 | — |
Goodwill and Intangible Assets (Total) |
121.80 | 147.50 | 156.60 | 162.00 | 0.00 |
Long Term Assets (Tax, Deferred) |
12.70 | 11.40 | 8.50 | 6.30 | — |
Long-term assets (Other) |
7.80 | 7.00 | 16.80 | 10.90 | — |
Total non-current assets |
1,122.50 | 913.30 | 864.60 | 783.50 | — |
Total Assets |
2,252.40 | 1,961.80 | 1,866.40 | 1,764.40 | — |
Accounts Payable |
424.00 | 402.50 | 380.40 | 402.20 | — |
Dividends Payable |
9.20 | 9.30 | 8.70 | — | — |
Accrued Expenses |
60.00 | 43.00 | 52.80 | 31.90 | — |
Current Part of Debt |
212.40 | 149.20 | 148.00 | 22.80 | — |
Current Part of Capital Lease |
2.90 | — | — | — | 0.00 |
Current Part of Taxes to Pay |
0.70 | 4.50 | 5.20 | — | 0.00 |
Total current liabilities |
775.80 | 631.50 | 618.40 | 478.40 | — |
Long Term Debt (Total) |
49.90 | 2.30 | — | — | — |
Non-current Revenue (Deferred) |
— | — | — | — | 0.00 |
Long Term Tax Liability (Deferred) |
33.60 | 28.60 | 27.90 | 26.10 | — |
Minority Interests |
65.30 | — | — | — | 0.00 |
Non-current Liabilities (Other) |
51.50 | 32.80 | 34.30 | 33.60 | — |
Total non-current liabilities |
279.00 | 132.40 | 130.50 | 131.40 | — |
Total liabilities |
1,054.80 | 763.90 | 748.90 | 609.80 | — |
Additional Paid In Capital |
919.40 | 913.90 | 905.30 | — | 0.00 |
Preferred Stock (Total) |
— | — | — | — | 0.00 |
Common Stock (Net) |
— | — | — | — | 0.00 |
Retained Earnings |
140.00 | 164.20 | 86.10 | — | — |
Treasury Stock |
— | — | — | — | 0.00 |
Shareholders Equity (Other) |
— | — | — | 1,031.10 | 0.00 |
Common Equity (Total) |
1,197.60 | 1,197.90 | 1,117.50 | 1,154.60 | — |
Shareholders Equity (Total) |
1,197.60 | 1,197.90 | 1,117.50 | 1,154.60 | — |
Shareholders Equity and Liabilities (Total) |
2,252.40 | 1,961.80 | 1,866.40 | 1,764.40 | — |
Shares (Common) |
49.92 | 49.55 | 49.33 | 0.00 | — |
Shareholders Equity (Tangible) |
1,075.80 | 1,050.40 | 960.90 | 992.60 | — |
Net Debt |
177.70 | 58.60 | 107.80 | (9.90) | — |
Total Debt |
262.30 | 151.50 | 148.00 | 22.80 | — |