NYSE:WS
Worthington Steel, Inc.
Worthington Steel, Inc.'s revenue grew 11.3% in fiscal 2026 to $3.4B while operating margin fell to −0.0%, its lowest in 5 years. Free cash flow was $80.0M, 2.3% of revenue, and the diluted share count rose 0.6%.Summary generated from Worthington Steel, Inc.'s SEC filings. Latest annual report filed Jul 30, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$3.4B
Revenue growth+11.3%
Revenue, 5-yr CAGRn/a
Gross margin11.7%
Operating margin−0.0%
Net margin0.2%
ROIC−0.1%
Return on equity0.8%
Debt / equity0.24
Free cash flow$80.0M
FCF margin2.3%
Share count change+0.6%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 4,069 | 3,608 | 3,431 | 3,093 | 3,444 |
| Operating income | 227 | 120 | 195 | 147 | −1 |
| Net income | 180 | 87 | 155 | 111 | 9 |
| Free cash flow | 3 | 270 | 96 | 100 | 80 |
Recent filings
- 4Insider transaction report
Oct 8, 2026 - 8-KResults of operations and financial condition
Oct 7, 2026 - 4Insider transaction report
Sep 30, 2026 - 8-KResults of a shareholder vote
Sep 24, 2026 - 8-KEntry into a material agreement
Sep 8, 2026 - 8-K/AAmended completion of an acquisition or disposition
Aug 19, 2026 - DEF 14AProxy statement
Aug 14, 2026 - 10-KAnnual report for the fiscal year ended May 31, 2026
Jul 30, 2026