Skip to content
Screener

Worthington Steel WS Q1 2027 earnings

Reported October 6, 2026 · After market close

Revenue$2.7BMiss by $410.3M
EPS$0.57Miss by $0.35
Revenue estimate$3.1B
EPS estimate$0.92
“This quarter marks an important milestone for Worthington Steel as we report our first results including Kloeckner. The addition of Kloeckner significantly expands our capabilities and positions us as a more diversified metals processing and manufacturing company. At the same time, our core Worthington Steel business delivered solid operating performance, driven by higher direct volumes and improved pricing. As we move forward, our priorities remain clear: serving our customers, improving our operations and creating long-term value for our shareholders.”
Geoff Gilmore

Next report

Dec 16, 2026 (in a month)
Revenue estimate$2.8B
EPS estimate$0.84

Financials

Q1 2027

Income statement

See full
Revenue$2.7B+212%
Gross profit$261.2M+127%
Operating income$56.0M+15.9%
Net income-$10.0M-127%
EPS (diluted)-$0.20-127%

Balance sheet

See full
Cash & equivalents$248.2M+217%
Total debt$2.6B+753%
Total equity$1.0B-6.6%
Total assets$6.0B+168%

Cash flow

See full
Operating cash flow-$6.0M+4.8%
CapEx$63.0M+114%
Free cash flow-$69.0M-93.3%

Valuation & ratios

Valuation

as of 10/30/26
See full
Market cap$2.16B+35.1%
Enterprise value$4.49B+147%
P/S0.4×-0.1×

Profitability

See full
Gross margin10.4%-2.5pp
Operating margin0.1%-4.7pp
Net margin-1.2%-5.0pp
FCF margin0.9%-0.1pp

Returns & leverage

See full
Return on equity-6%-17.3pp
Debt / equity2.5×+2.2×
Current ratio1.8×+0.2×

Segments

By product

See full
Direct$2.7B+220%
Toll$42.1M+26.0%

FAQ

When did Worthington Steel report Q1 2027 earnings?
Worthington Steel (WS) reported Q1 2027 earnings on October 6, 2026 after market close.
What were Worthington Steel's Q1 2027 revenue and EPS?
Worthington Steel reported revenue of $2.7B and eps of $0.57 for Q1 2027.
Did Worthington Steel beat estimates in Q1 2027?
Revenue missed the consensus estimate of $3.1B by $410.3M. EPS missed the consensus estimate of $0.92 by $0.35.
How did Worthington Steel's Q1 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 212.4% from $872.9M a year earlier and eps declined 26.0% from $0.77.
Where can I find Worthington Steel's Q1 2027 SEC filings?
You can read the 8-K earnings release (0001968487-26-000032) and the 10-Q periodic report (0001968487-26-000036) directly on SEC EDGAR. The filing index links above go to sec.gov.