Worthington Steel, Inc.
Financial highlights
| Metric | FY 05/31/25 | FY 05/31/24 | FY 05/31/23 | FY 05/31/22 | FY 05/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.1B | $3.4B | $3.6B | $4.1B | — |
| Cost of revenue | $2.7B | $3.0B | $3.3B | $3.7B | — |
| Gross profit | $388.6M | $439.8M | $336.5M | $395.5M | — |
| Selling, general & administrative | $231.6M | $224.4M | $200.8M | $180.3M | — |
| Operating income | $147.0M | $194.5M | $120.3M | $226.6M | — |
| Interest expense | $7.1M | $6.0M | $3.0M | $3.0M | — |
| Pretax income | $139.5M | $200.8M | $116.1M | $234.4M | — |
| Income tax expense | $28.8M | $46.1M | $29.0M | $54.0M | — |
| Net income | $110.7M | $154.7M | $87.1M | $180.4M | — |
| Balance Sheet | |||||
| Cash and equivalents | $38.0M | $40.2M | $32.7M | $20.1M | — |
| Current assets | $1.0B | $1.0B | $980.9M | — | — |
| Total assets | $2.0B | $1.9B | $1.8B | — | — |
| Current liabilities | $631.5M | $618.4M | $478.4M | — | — |
| Total liabilities | $763.9M | $748.9M | $609.8M | — | — |
| Total debt | $151.5M | $148.0M | $22.8M | — | — |
| Stockholders' equity | $1.1B | $985.3M | $1.0B | $1.3B | $814.8M |
| Cash Flow Statement | |||||
| Cash from operations | $230.3M | $199.5M | $315.0M | $39.5M | — |
| Depreciation and amortization | $59.4M | $58.5M | $62.7M | $54.2M | — |
| Stock-based compensation | $11.0M | $10.3M | $10.4M | $8.7M | — |
| Capital expenditure | $130.4M | $103.4M | $45.5M | $36.4M | — |
| Free cash flow | $99.9M | $96.1M | $269.5M | $3.1M | — |
| Dividends paid | $31.9M | $7.9M | $0 | $0 | — |
| Impairments | $7.4M | $1.4M | $2.1M | $3.1M | — |
Shares outstanding 50.8M · Free float 99.0%
Annual filing data through FY ended May 31, 2025; float as of June 27, 2026.