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Worthington Steel WS Asset write-downs
Asset write-downs at other companies
Other financials
Where this comes from
Reported directly by Worthington Steel in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Worthington Steel’s 10-Q, filed April 9, 2026.
- Filed
- Apr 9, 2026, 4:07 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001968487-26-000008
| Line item | Three Months Ended / February 28, 2026 | Three Months Ended / February 28, 2025 | Nine Months Ended / February 28, 2026 | Nine Months Ended / February 28, 2025 |
|---|---|---|---|---|
| Cost of goods sold | 693.7 | 606.2 | 2,230.1 | 1,998.8 |
| Gross margin | 76.1 | 81.2 | 284.5 | 261.6 |
| Selling, general and administrative expense | 77.5 | 54.6 | 216.3 | 172.7 |
| Impairment of assets | 1.5 | 7.4 | 2.1 | 7.4 |
| Restructuring and other (income) expense, net | (6.0) | 0.9 | (7.0) | 0.9 |
| Operating income | 3.1 | 18.3 | 73.1 | 80.6 |
| Other income (expense): | ||||
| Miscellaneous income (expense), net | 9.8 | 0.2 | 9.9 | (1.9) |
Item 1. – Financial Statements
FAQ
- What is Worthington Steel's asset write-downs?
- Worthington Steel (WS) reported asset write-downs of $1.5M in Q4 2025.
- How has Worthington Steel's asset write-downs changed year-over-year?
- Worthington Steel's asset write-downs decreased by 79.7% year-over-year, from $7.4M to $1.5M.
- What is the long-term trend for Worthington Steel's asset write-downs?
- Over 3 years (2022 to 2025), Worthington Steel's asset write-downs has grown at a 33.6% compound annual growth rate (CAGR), from $3.1M to $7.4M.
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