Worthington Steel Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Revenue	3,444	3,093	3,431	3,608	4,069
Revenue Growth (YoY)	11.33%	-9.83%	-4.91%	-11.34%	91.26%
Cost of Revenue	3,041	2,705	2,991	3,271	3,673
Gross Profit	402.6	388.6	439.8	336.5	395.5
Selling, General & Admin	297.5	231.6	224.4	200.8	180.3
Other Operating Expenses	89.6	10	20.9	15.4	17.6
Total Operating Expenses	387.1	241.6	245.3	216.2	197.9
Operating Income	15.5	147	194.5	120.3	226.6
Interest Income	20.3	4.4	22.4	7.7	29.8
Interest Expense	-26.9	-7.1	-6	-3	-3
Other Non-Operating Income (Expense)	16.6	3.8	5.3	3.7	0.9
Total Non-Operating Income (Expense)	10	1.1	21.7	8.4	27.7
Pretax Income	25.5	148.1	216.2	128.7	254.3
Provision for Income Taxes	22.6	28.8	46.1	29	54
Net Income	2.9	119.3	170.1	99.7	200.3
Minority Interest in Earnings	-14.4	8.6	15.4	12.6	19.9
Net Income to Common	17.3	110.7	154.7	87.1	180.4
Net Income Growth	-84.37%	-28.44%	77.61%	-51.72%	5.49%
Shares Outstanding (Basic)	50	50	49	49	49
Shares Outstanding (Diluted)	51	51	50	49	49
Shares Change (YoY)	0.59%	1.41%	1.01%	-	-
EPS (Basic)	0.35	2.24	3.14	1.77	3.66
EPS (Diluted)	0.34	2.19	3.11	1.77	3.66
EPS Growth	-84.47%	-29.58%	75.71%	-51.64%	-
Free Cash Flow	80	99.9	96.1	269.5	3.1
Free Cash Flow Growth	-19.92%	3.95%	-64.34%	8593.55%	-97.50%
Free Cash Flow Per Share	1.57	1.98	1.93	5.47	0.06
Dividends Per Share	0.640	0.640	0.320	-	-
Dividend Growth	-	100.00%	-	-	-
Gross Margin	11.69%	12.56%	12.82%	9.33%	9.72%
Operating Margin	0.45%	4.75%	5.67%	3.33%	5.57%
Profit Margin	0.08%	3.86%	4.96%	2.76%	4.92%
FCF Margin	2.32%	3.23%	2.80%	7.47%	0.08%
EBITDA	100.3	213	259.8	189.9	286.1
EBITDA Margin	2.91%	6.89%	7.57%	5.26%	7.03%
EBIT	15.5	147	194.5	120.3	226.6
EBIT Margin	0.45%	4.75%	5.67%	3.33%	5.57%
Effective Tax Rate	88.63%	19.45%	21.32%	22.53%	21.23%

SEC Filings: 10-K · 10-Q