Worthington Steel Income Statement

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

Millions USD. Fiscal year is Jun - May.

Year	2023	2022	2021
Revenue	3,608	4,069	2,127
Revenue Growth (YoY)	-11.34%	91.26%	-
Cost of Revenue	3,271	3,673	1,757
Gross Profit	336.51	395.46	370.84
Selling, General & Admin	200.85	180.29	147.44
Other Operating Expenses	15.42	-11.4	1.88
Operating Expenses	216.27	168.88	149.32
Operating Income	120.24	226.58	221.52
Interest Expense / Income	3	3.02	-0.01
Other Expense / Income	1.19	-10.78	2.04
Pretax Income	116.05	234.33	219.5
Income Tax	29	53.96	48.48
Net Income	87.06	180.38	171.01
Net Income Growth	-51.74%	5.47%	-
Shares Outstanding (Basic)	50	-	-
Free Cash Flow	269.54	3.05	123.75
Free Cash Flow Per Share	5.39	-	-
Gross Margin	9.33%	9.72%	17.43%
Operating Margin	3.33%	5.57%	10.41%
Profit Margin	2.41%	4.43%	8.04%
Free Cash Flow Margin	7.47%	0.07%	5.82%
Effective Tax Rate	24.98%	23.03%	22.09%
EBITDA	188.63	296.86	264.44
EBITDA Margin	5.23%	7.30%	12.43%
Depreciation & Amortization	69.58	59.5	44.95
EBIT	119.05	237.36	219.49
EBIT Margin	3.30%	5.83%	10.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).