Worthington Steel, Inc. (WS)
| Market Cap | 1.23B |
| Revenue (ttm) | 3.17B |
| Net Income (ttm) | 108.20M |
| Shares Out | 50.74M |
| EPS (ttm) | 2.14 |
| PE Ratio | 11.30 |
| Forward PE | 9.41 |
| Dividend | $0.64 (2.64%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 179,069 |
| Open | 24.02 |
| Previous Close | 24.07 |
| Day's Range | 23.80 - 24.26 |
| 52-Week Range | 21.30 - 47.19 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 34.00 (+40.44%) |
| Earnings Date | Mar 19, 2025 |
About WS
Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It serves various end-markets, including automotive, construction, machinery and equipment, heavy truck, agriculture, and energy. The company was incorporated in 2023 and is headquartered in Columbus, Ohio. [Read more]
Financial Performance
In 2024, Worthington Steel's revenue was $3.43 billion, a decrease of -4.91% compared to the previous year's $3.61 billion. Earnings were $154.70 million, an increase of 77.61%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for WS stock is "Buy" and the 12-month stock price forecast is $34.0.
News
Worthington Steel Named a 2024 Supplier of the Year by General Motors
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel (NYSE: WS) announced it was named a GM Supplier of the Year winner in General Motor's 33rd annual Supplier of the Year awards.
Worthington Steel Earns John Deere's Highest Supplier Rating for 13th Consecutive Year
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel has been recognized as a Partner-level supplier in the John Deere Achieving Excellence Program, marking 13 consecutive years.
Worthington Steel Ranked No. 1 in Large Organization Category of Columbus Top Workplaces
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has been named the No. 1 Top Workplace in Columbus in the large organization category by Columbus CEO magazine.
Worthington Steel: Tariff Woes Are A Concern, But The Firm Is A Buy Nonetheless
Worthington Steel's stock has fallen 18% since December due to economic concerns and weak fundamentals, but long-term investors should consider it a buy due to its cheap valuation. The company's Q3 20...
Worthington Steel, Inc (WS) Q3 2025 Earnings Call Transcript
Worthington Steel, Inc (NYSE:WS) Q3 2025 Results Conference Call March 20, 2025 8:30 AM ET Company Participants Melissa Dykstra - Vice President, Corporate Communications & Investor Relations Geoff G...
Worthington Steel Reports Third Quarter Fiscal 2025 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2025 third quarter ended February 28, 2025.
Worthington Steel Declares Quarterly Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share.
Worthington Steel to Webcast Discussion of Third Quarter 2025 Results on March 20
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will host a conference call to discuss its third quarter results on Mar. 20, 2025. A live webcast will be available on its website.
Worthington Steel's Tempel Steel Earns Mahle's 2024 Best Supplier of the Year Award
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) is proud to announce that its Tempel Steel subsidiary, has earned Mahle's 2024 Best Supplier of the Year award.
The Plunge In Worthington Steel Represents A Buying Opportunity
Despite a recent 14.4% plunge, I maintain a 'buy' rating on Worthington Steel due to its attractive long-term outlook and strategic growth initiatives. The company reported disappointing Q2 2025 resul...
Worthington Steel, Inc. (WS) Q2 2025 Earnings Call Transcript
Worthington Steel, Inc. (NYSE:WS) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Melissa Dykstra - Vice President, Corporate Communications and Investor Relations ...
Worthington Steel Reports Second Quarter Fiscal 2025 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2025 second quarter ended November 30, 2024.
Worthington Steel Announces Appointment of Scott Kelly to Board of Directors
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the appointment of Scott Kelly to its Board of Directors, effective immediately.
Computerworld Names Worthington Steel to 2025 List of Best Places to Work in IT
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced it has been named to Foundry's Computerworld 2025 Best Places to Work in IT.
Worthington Steel to Acquire Controlling Equity Stake in Italy-Based Sitem Group
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will acquire an approximately 52% stake in Sitem Group with the option to increase ownership in the future.
Worthington Steel to Webcast Discussion of Second Quarter 2025 Results on December 19
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will host a conference call to discuss its fiscal second quarter results at 8:30 a.m. ET on Thursday, Dec. 19, 2024.
Worthington Steel Earns 2025 Military Friendly® Employer Designation
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY.
Worthington Steel Names President of Flat-Roll Steel Processing
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announced Cliff Larivey, sr. vice president of commercial & purchasing, has been named president of Flat-Roll Steel Processing.
Worthington Steel Releases 2024 Corporate Citizenship and Sustainability Report
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the release of its 2024 Corporate Citizenship and Sustainability Report.
Worthington Steel Announces Dividend Reinvestment Plan
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has implemented a Dividend Reinvestment Plan, which went into effect Sept. 13, 2024.
Worthington Steel, Inc. (WS) Q1 2025 Earnings Call Transcript
Worthington Steel, Inc. (NYSE:WS) Q1 2025 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoffrey Gilmore - Presid...
Worthington Steel: Shares Fall Despite Exceeding Q1 Estimates
Worthington Steel shares dropped 6.5% despite exceeding financial forecasts due to weak industry conditions and cautious market sentiment. The company, recently split from Worthington Enterprises, has...
Worthington Steel Reports First Quarter Fiscal 2025 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Reports First Quarter Fiscal 2025 Results.
Worthington Steel to Webcast Discussion of First Quarter 2025 Results on September 26
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. T...
Worthington Steel, Inc. (WS) Q4 2024 Earnings Call Transcript
Worthington Steel, Inc. (NYSE:WS) Q4 2024 Earnings Call Transcript June 27, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoff Gilmore - President and ...