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Worthington Steel WS Q3 2025 earnings

Reported March 19, 2025 · After market close

Revenue estimate$800.5M
EPS estimate$0.67

Next report

Sep 23, 2026 (in 3 months)
Revenue estimate$922.7M
EPS estimate$0.68

Financials

Q3 2025

Income statement

See full
Revenue$687.4M-14.7%
Gross profit$81.2M-32.4%
Operating income$18.3M-72.4%
Net income$13.8M-71.8%
EPS (diluted)$0.27-72.4%

Balance sheet

See full
Cash & equivalents$63.3M+4.1%
Total debt$189.2M-14.9%
Total equity$1.0B+8.0%
Total assets$1.8B-2.7%

Cash flow

See full
Operating cash flow$53.8M+20.4%
CapEx$28.6M+27.7%
Free cash flow$25.2M+13.0%

Valuation & ratios

Valuation

as of 02/28/25
See full
Market cap$1.35B-13.3%
Enterprise value$1.48B-14.1%
P/E12.5×+3.3×
P/S0.4×0.0×

Profitability

See full
Gross margin12.4%-1.1pp
Operating margin4.7%-1.7pp
Net margin3.4%-1.5pp
FCF margin2.9%-2.3pp

Returns & leverage

See full
Return on equity11.1%
Debt / equity0.2×-0.1×
Current ratio1.8×+0.2×

Segments

By product

See full
Direct$653.8M-14.3%
Toll$33.6M-20.9%

Versus estimates

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Questions, answered.

When did Worthington Steel report Q3 2025 earnings?
Worthington Steel (WS) reported Q3 2025 earnings on March 19, 2025 after market close.
What were Worthington Steel's Q3 2025 revenue and EPS?
Worthington Steel reported revenue of $687.4M and diluted EPS of $0.35 for Q3 2025.
Did Worthington Steel beat estimates in Q3 2025?
Revenue missed the consensus estimate of $800.5M by $113.1M. EPS missed the consensus estimate of $0.67 by $0.32.
Where can I find Worthington Steel's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-053275) directly on SEC EDGAR. The filing index links above go to sec.gov.