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Worthington Steel WS Operating margin

Operating margin at other companies

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7.8%+0.5pp
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-4.2%-1.5pp
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10%+2.5pp
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Ampco-PittsburghAP
-12.7%-16.6pp
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Mayville EngineeringMEC
-2.2%-8.0pp
LEC
Lincoln Electric HoldingsLECO
17.1%+0.6pp

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
Net margin4.3%+0.8pp
FCF margin2.3%-0.9pp

Returns & leverage

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Return on equity11.4%+0.3pp
Debt / equity0.3×+0.1×
Current ratio1.5×-0.2×

Where this comes from

Calculated from Worthington Steel’s reported figures.

Based on trailing twelve months.

The source filing: Worthington Steel’s 8-K/A, filed July 10, 2026. Open the filing →

Filed
Jul 10, 2026, 4:30 PM EDT
Accession
0001968487-26-000020

FAQ

What is Worthington Steel's operating margin?
Worthington Steel (WS) reported operating margin of 4.3% in Q1 2026.
How has Worthington Steel's operating margin changed year-over-year?
Worthington Steel's operating margin decreased by 9.8% year-over-year, from 4.8% to 4.3%.
What is the long-term trend for Worthington Steel's operating margin?
Over 4 years (2022 to 2026), Worthington Steel's operating margin has grown at a -6.3% compound annual growth rate (CAGR), from 5.6% to 4.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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