Worthington Steel, Inc.

WS Basic Materials Steel

Worthington Steel, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $3.4 billion, up 11.3% from fiscal 2025.

Revenue
+212.4%
EPS
−125.7%
Free cash flow
−42.6%
Total debt
+823.5%

Quarter to August 2026, against a year earlier

36.33 4.15 −10.25%
Market cap
$1.8B
P/E
0.0×
Fwd P/E
8.7×
Dividend yield
1.76%
F-score
4/9
Altman Z
3.00
Beneish M
−2.77
Dividend safety
45/100

Worthington Steel, Inc. (WS) Gross margin

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Worthington Steel, Inc.'s gross margin over the twelve months to 31 August 2026 was 10.4%, down 1.3 percentage points from fiscal 2026 (11.7%). Over the past ten years it has ranged from 9.33% (fiscal 2023) to 12.8% (fiscal 2024); the current reading is higher than 60% of that period. That is below the Steel industry median of 14.0% and below the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 11.7% (0.85)
FY2025 12.6% (0.26)
FY2024 12.8% 3.49
FY2023 9.33% (0.39)
FY2022 9.72% —

Quarterly newest first

Period Gross margin Change (points)
Aug 2026 9.58% (3.21)
May 2026 12.8% 2.90
Feb 2026 9.89% (0.80)
Nov 2025 10.7% (2.51)
11 more quarters

Against its own ten years

Low 9.33% High 12.8%
Ten-year median 11.7%
Current reading's percentile 17

Gross margin against peers

Company Gross margin
SID National Steel Company compare 27.8%
SIM Grupo Simec, S.A. de C.V. compare 25.7%
NWPX NWPX Infrastructure, Inc. compare 20.9%
TX Ternium S.A. compare 19.6%
GGB Gerdau S.A. compare 13.2%
WS Worthington Steel, Inc. 10.4%
MTUS Metallus Inc. compare 8.10%
CLF Cleveland-Cliffs Inc. compare 1.54%
FRD Friedman Industries Inc. compare 0.00%
Steel industry median 14.0%
Basic Materials sector median 25.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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