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Worthington Steel WS Debt-to-equity

Debt-to-equity at other companies

Reliance logo
RelianceRS
0.3×0.0×
Metallus logo
MetallusMTUS
0.0×
Cleveland-Cliffs logo
Cleveland-CliffsCLF
1.4×0.0×
Steel Dynamics logo
Steel DynamicsSTLD
0.4×0.0×
Commercial Metals logo
Commercial MetalsCMC
0.9×+0.5×
Constellium logo
ConstelliumCSTM
1.6×-1.3×

Other financials

Income statement

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Revenue$929.2M+11.6%
Gross profit$118.8M-6.5%
Operating income$74.5M+12.2%
Net income$83.8M+50.4%
EPS (diluted)$1.15+4.5%

Balance sheet

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Cash & equivalents$84.6M+123%
Total debt$318.9M+39.9%
Total equity$1.1B+11.1%
Total assets$2.3B+14.8%

Cash flow

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Operating cash flow$44.9M-16.7%
CapEx$37.1M-18.5%
Free cash flow$7.8M-7.1%

Valuation

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Market cap$1.89B+24.4%
Enterprise value$2.12B+24.2%
P/E12.6×-1.1×
P/S0.6×+0.1×

Profitability

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Gross margin11.7%-0.9pp
Operating margin4.3%-0.5pp
Net margin4.3%+0.8pp
FCF margin2.3%-0.9pp

Returns & leverage

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Return on equity11.4%+0.3pp
Current ratio1.5×-0.2×

Where this comes from

Calculated from Worthington Steel’s reported figures.

Based on the most recent quarter.

The source filing: Worthington Steel’s 10-Q, filed April 9, 2026. Open the filing →

Filed
Apr 9, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001968487-26-000008

FAQ

What is Worthington Steel's debt-to-equity?
Worthington Steel (WS) reported debt-to-equity of 0.3× in Q4 2025.
How has Worthington Steel's debt-to-equity changed year-over-year?
Worthington Steel's debt-to-equity increased by 54.9% year-over-year, from 0.2× to 0.3×.
What is the long-term trend for Worthington Steel's debt-to-equity?
Over 2 years (2023 to 2025), Worthington Steel's debt-to-equity has grown at a 64.8% compound annual growth rate (CAGR), from 0.1× to 0.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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