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Worthington Steel WS Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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RelianceRS
$9.7M-3.0%
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Cleveland-CliffsCLF
$214M-4.0%
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Steel DynamicsSTLD
-$199.72M-23.9%
Constellium logo
ConstelliumCSTM
$8M-57.9%
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NucorNUE
$1.1B+4.7%
Commercial Metals logo
Commercial MetalsCMC

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$1.95B+28.5%
Enterprise value$2.18B+27.9%
P/E13×-0.7×
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
Debt / equity0.3×+0.1×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Worthington Steel in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

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(Unaudited) / February 28, 2026May 31, 2025
Common shares, without par value; authorized – 150,000,000 shares; issued and outstanding 49,910,958 shares and 49,548,895 shares, respectively--
Additional Paid-in Capital (“APIC”)916.7913.9
Retained Earnings205.7164.2
Accumulated other comprehensive income (loss), net of taxes of $(2.2) and $(2.0), respectively2.1(4.0)
Total Shareholders’ equity – controlling interest1,124.51,074.1
Noncontrolling interests (“NCI”)136.1123.8
Total equity1,260.61,197.9
Total liabilities, mezzanine equity, and equity$2,315.5$1,961.8

Item 1. – Financial Statements

FAQ

What is Worthington Steel's noncontrolling interests in subsidiaries?
Worthington Steel (WS) reported noncontrolling interests in subsidiaries of $136.1M in Q4 2025.
How has Worthington Steel's noncontrolling interests in subsidiaries changed year-over-year?
Worthington Steel's noncontrolling interests in subsidiaries increased by 4.1% year-over-year, from $130.8M to $136.1M.
What is the long-term trend for Worthington Steel's noncontrolling interests in subsidiaries?
Over 2 years (2023 to 2025), Worthington Steel's noncontrolling interests in subsidiaries has grown at a -0.7% compound annual growth rate (CAGR), from $125.6M to $123.8M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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