Worthington Enterprises Inc. (WOR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.06	$0.97	-8.5%	—	$371.5M	—
Q2 26	$0.7	$0.74	+5.7%	—	—	—
Q1 26	$0.84	$1.06	+26.2%	—	—	—
Q4 25	$0.71	$0.91	+28.2%	—	—	—
Q3 25	$0.52	$0.6	+15.4%	—	—	—
Q2 25	$0.71	$0.5	-29.6%	—	—	—
Q1 25	$0.88	$0.74	-15.9%	—	—	—
Q4 24	$0.69	$0.8	+15.9%	—	—	—
Q3 24	$0.71	$0.78	+9.9%	—	—	—
Q2 24	$2.04	$2.06	+1.0%	—	—	—
Q1 24	$1.9	$2.74	+44.2%	—	—	—
Q4 23	$0.72	$1.04	+44.4%	—	—	—
Q3 23	$0.66	$0.44	-33.3%	—	—	—
Q2 23	$1.74	$1.61	-7.5%	—	—	—
Q1 23	$0.83	$1.58	+90.4%	—	—	—
Q4 22	$1.37	$1.13	-17.5%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$3.18	—	—	$1.4B	—
FY25	—	$1.94	—	—	$1.2B	—
FY24	—	$2.25	—	—	$1.2B	—
FY23	—	$5.28	—	—	$1.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$3B	$3.6B	$3.8B	$3.1B	$3.2B	$1.3B	$1.4B	$1.2B	$1.2B	$1.4B
YoY change	+6.89%	+18.8%	+4.97%	-18.6%	+3.67%	-58.7%	+8.35%	-12.2%	-7.38%	+19.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3B	3.6B	3.8B	3.1B	3.2B	1.3B	1.4B	1.2B	1.2B	1.4B
Cost of revenue	2.5B	3B	3.3B	2.6B	2.5B	981.6M	1.1B	960.7M	834.7M	1B
Gross profit	535.9M	562.9M	480M	443.3M	639.1M	327.6M	323.6M	285M	319M	378.3M
Gross margin	17.8%	15.7%	12.8%	14.5%	20.2%	25%	22.8%	22.9%	27.7%	27.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	316.4M	367.5M	338.4M	328.1M	351.1M	281.4M	287.1M	283.5M	268.4M	295M
Operating expenses	316.4M	367.5M	338.4M	328.1M	351.1M	281.4M	287.1M	283.5M	268.4M	295M
Operating income	219.5M	195.4M	141.6M	115.2M	287.9M	46.2M	36.5M	1.5M	50.6M	83.3M
Operating margin	7.28%	5.46%	3.77%	3.77%	9.08%	3.53%	2.57%	0.12%	4.39%	6.03%
Non-operating income, net	107.4M	52.3M	103M	27.2M	660.1M	188.3M	142.1M	74M	80.3M	124.3M
Pretax income	297.1M	209.1M	206.5M	110.8M	917.7M	210.6M	160.3M	74M	128.8M	201.3M
Income tax	79.2M	8.2M	43.2M	26.3M	176.3M	52.7M	34.5M	39M	33.8M	46.3M
Net income	217.9M	200.8M	163.3M	84.4M	741.5M	399.3M	269.2M	117.8M	95M	155M
Net margin	7.23%	5.61%	4.34%	2.76%	23.4%	30.5%	19%	9.46%	8.23%	11.2%
EBITDA	420.1M	404.9M	336.9M	331.9M	1.1B	330.7M	298M	232.8M	240.5M	272M
EPS	3.28	3.2	2.68	1.43	13.7	7.6	5.28	2.25	1.94	3.18
Diluted EPS	3.15	3.09	2.61	1.41	13.4	7.44	5.19	2.2	1.92	3.14

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	311.9M	298.2M	316.8M	318.8M	257.3M	274M	304.5M	317.9M	303.7M	327.5M	378.7M	371.5M
Cost of revenue	242.3M	235M	243.6M	239.8M	194.8M	200M	215.3M	224.7M	221.4M	242.8M	269.2M	269.6M
Gross profit	69.6M	63.3M	73.1M	79M	62.5M	74.1M	89.2M	93.2M	82.3M	84.6M	109.5M	101.9M
Gross margin	22.3%	21.2%	23.1%	24.8%	24.3%	27%	29.3%	29.3%	27.1%	25.8%	28.9%	27.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	74.5M	70.6M	65.1M	73.2M	66M	67.9M	63M	71.5M	70.6M	70.7M	75.7M	77.9M
Operating expenses	74.5M	70.6M	65.1M	73.2M	66M	67.9M	63M	71.5M	70.6M	70.7M	75.7M	77.9M
Operating income	-4.9M	-7.3M	8M	5.8M	-3.5M	6.1M	26.2M	21.8M	11.7M	13.9M	33.7M	24M
Operating margin	-1.58%	-2.45%	2.52%	1.82%	-1.38%	2.24%	8.62%	6.85%	3.86%	4.25%	8.91%	6.45%
Non-operating income, net	41.8M	32.3M	32.5M	-32.6M	34.8M	32M	27M	-13.5M	34M	23.3M	28.2M	38.7M
Pretax income	35.8M	24.5M	40.5M	-26.8M	30.8M	37.1M	52.6M	8.3M	45.7M	35.8M	60.1M	59.8M
Income tax	9M	6.6M	18.5M	5M	6.8M	9.1M	13.2M	4.7M	10.9M	8.8M	15M	11.7M
Net income	99.7M	28.2M	22M	-32M	24M	28M	39.3M	3.6M	34.8M	27M	45.1M	48.1M
Net margin	32%	9.44%	6.95%	-10.1%	9.33%	10.2%	12.9%	1.14%	11.5%	8.25%	11.9%	12.9%
EBITDA	69.1M	60.1M	56.2M	47.5M	44.3M	52.7M	70.5M	73M	61.3M	52.7M	78.7M	79.3M
EPS	1.97	0.49	0.45	-0.65	0.49	0.57	0.8	0.08	0.71	0.56	0.93	0.99
Diluted EPS	1.93	0.49	0.44	-0.65	0.48	0.56	0.79	0.08	0.7	0.55	0.92	0.97

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1.6B	1.8B	1.2B	1B	2.2B	1.4B	1.7B	2.8B	2.9B	2.8B	3B
Enterprise value	1.9B	2.4B	1.9B	1.6B	2.3B	2.2B	2B	2.9B	3B	3.1B	3.3B
Shares outstanding	62.4M	60.9M	57.2M	55M	52.7M	49.9M	48.6M	49.2M	49.4M	49.1M	49.1M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	7.41	8.97	7.37	12	2.91	3.6	6.24	23.8	30.6	18	18.8
P/S	0.54	0.5	0.32	0.33	0.68	1.1	1.18	2.25	2.52	2.02	2.14
P/B	1.5	1.74	1.27	1.05	1.39	0.89	0.92	3.15	3.1	2.71	3.05
EV/EBITDA	4.56	6	5.52	4.83	2.05	6.79	6.62	12.4	12.4	11.4	22.4
EV/Sales	0.64	0.68	0.49	0.52	0.71	1.72	1.39	2.31	2.59	2.25	2.33
Earnings yield	13.5%	11.2%	13.6%	8.33%	34.4%	27.8%	16%	4.2%	3.26%	5.57%	5.32%
FCF yield	16.5%	11.4%	9.42%	23.8%	8.91%	-1.71%	32.1%	7.36%	5.47%	6.11%	2.21%
PEG	—	—	—	—	—	—	—	—	—	—	0.02

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	17.8%	15.7%	12.8%	14.5%	20.2%	25%	22.8%	22.9%	27.7%	27.4%	27.4%
Operating margin	7.28%	5.46%	3.77%	3.77%	9.08%	3.53%	2.57%	0.12%	4.39%	6.03%	4%
Net margin	7.23%	5.61%	4.34%	2.76%	23.4%	30.5%	19%	9.46%	8.23%	11.2%	11.5%
ROE	20.3%	19.4%	17.2%	8.74%	47.8%	24.7%	14.8%	13.2%	10.1%	15.1%	16.2%
ROA	9.37%	7.66%	6.5%	3.62%	22%	11%	7.37%	7.19%	5.6%	8.39%	3.08%
ROIC	11.7%	11.3%	6.97%	5.65%	14%	1.43%	1.35%	0.08%	3.68%	4.75%	4.75%
Return on tangible assets	13.1%	13.4%	11.3%	6.4%	33.9%	17.8%	10.7%	22.1%	16.9%	77.1%	77.1%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	2.29	1.92	1.67	2.53	2.5	1.92	2.6	3.78	3.48	2.37	2.67
Quick ratio	1.61	1.22	0.98	1.49	1.78	1.1	2.33	3.78	2.62	1.43	1.43
Debt / equity	0.54	0.72	0.79	0.76	0.48	0.52	0.39	0.36	0.35	0.34	0.33
Debt / assets	0.25	0.29	0.3	0.32	0.22	0.23	0.2	0.19	0.19	0.19	0.19
Net debt / EBITDA	0.72	1.55	1.95	1.78	0.1	2.45	0.98	0.31	0.32	1.18	1.18
Interest coverage	11	6.41	6.42	4.5	31.2	9.83	9.76	47.6	62.6	33.2	33.2
Effective tax rate	26.7%	3.93%	20.9%	23.8%	19.2%	25%	21.5%	52.7%	26.3%	23%	23%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	48.3	58.8	65.7	55.7	60.2	26.2	29.2	25.3	23.4	28.1	29.1
EPS (basic)	3.28	3.2	2.68	1.43	13.7	7.6	5.28	2.25	1.94	3.18	3.18
EPS (diluted)	3.15	3.09	2.61	1.41	13.4	7.44	5.19	2.2	1.92	3.14	3.31
Book value per share	17.2	17	16.6	17.6	29.4	32.3	37.5	18.1	19	20.9	20.4
FCF per share	4.28	3.37	1.98	4.39	3.65	-0.49	11.1	4.2	3.22	3.47	3.45
Cash per share	4.45	2	1.61	2.68	12.1	0.69	8.69	4.96	5.06	0.56	1.13
Capex per share	1.1	1.25	1.48	1.74	1.56	1.89	1.78	1.7	1.02	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	2.27%	2.12%	2.25%	3.12%	2.59%	7.23%	6.09%	6.71%	4.38%	—	—
Capex / operating cash flow	25.6%	31.2%	43.9%	38.7%	9.21%	48.3%	15.8%	40%	35.7%	—	—
Payout ratio	23.3%	25.6%	32.1%	63.1%	7.15%	14.3%	22%	233.3%	35.7%	23.8%	23%
Dividend yield	3.14%	2.85%	4.35%	5.26%	2.46%	3.98%	3.53%	9.8%	1.17%	1.32%	1.32%

Yield

1.32%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.20

ex-dividend Sep 15, 2026

Payout ratio

23%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 15, 2026	$0.20
Jun 15, 2026	$0.19
Mar 13, 2026	$0.19

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$311.9M	$298.2M	$316.8M	$318.8M	$257.3M	$274M	$304.5M	$317.9M	$303.7M	$327.5M	$378.7M	$371.5M
YoY change	-77.9%	-74.6%	-8.54%	-74.1%	-17.5%	-8.11%	-3.86%	-0.29%	+18%	+19.5%	+24.4%	+16.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	278.1M	122M	92.4M	147.2M	640.3M	34.5M	422.3M	244.2M	250.1M	27.7M
Receivables	486.7M	572.7M	501.9M	341M	640M	857.5M	224.9M	199.8M	215.8M	228.2M
Inventory	353.9M	454M	484.3M	405.1M	564.8M	759.1M	194.5M	—	169.4M	207.3M
Total current assets	1.2B	1.2B	1.2B	983.2M	2B	1.8B	1.9B	673.9M	685.4M	524.5M
Property, plant & equipment	272.5M	284.4M	268.6M	301.4M	278.9M	491.8M	141.6M	122.4M	160.2M	217.3M
Goodwill & intangibles	660.9M	1.1B	1.1B	1B	1.2B	1.4B	1.1B	1.1B	1.1B	1.6B
Total assets	2.3B	2.6B	2.5B	2.3B	3.4B	3.6B	3.7B	1.6B	1.7B	1.8B
Accounts payable	368.1M	473.5M	393.5M	247M	567.4M	668.4M	126.7M	91.6M	103.2M	115.2M
Short-term debt	6.8M	1.5M	150.9M	11M	10.4M	59.9M	6.9M	6.2M	6M	8M
Total current liabilities	520.8M	646.9M	698M	388.2M	787.9M	932.3M	717.6M	178.4M	196.8M	221.4M
Long-term debt	571.8M	748.9M	598.4M	725.3M	737.4M	784.5M	708M	311M	320M	341.8M
Total liabilities	1.3B	1.6B	1.6B	1.4B	1.8B	2B	1.8B	747.6M	756.9M	821M
Shareholders' equity	1.1B	1B	948.4M	966.4M	1.6B	1.6B	1.8B	891M	938.2M	1B
Total debt	578.6M	750.4M	749.3M	736.3M	747.8M	844.4M	715M	317.2M	326.1M	349.8M
Net debt	300.5M	628.4M	656.9M	589.1M	107.5M	809.9M	292.7M	73M	76M	322M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	201M	—	—	—	—	—	—	—	167.1M	180.3M	6M	27.7M
Receivables	698.3M	—	—	—	—	—	—	—	214.1M	207.3M	231.9M	228.2M
Inventory	672.3M	—	—	—	—	—	—	—	201.6M	198.4M	197.6M	207.3M
Total current assets	1.7B	—	—	—	—	—	—	—	626M	648.8M	503.9M	524.5M
Property, plant & equipment	469.4M	—	—	—	—	—	—	—	191.5M	193.1M	213M	217.3M
Goodwill & intangibles	1.5B	416.9M	345.4M	331.6M	373.4M	369.8M	368M	376.5M	1.3B	1.3B	1.7B	1.6B
Total assets	3.5B	1.8B	1B	964.7M	1.1B	1.1B	1B	1B	1.7B	1.8B	1.8B	1.8B
Accounts payable	526.7M	—	—	—	—	—	—	—	102.8M	104.8M	107.4M	115.2M
Short-term debt	162.9M	—	—	—	—	—	—	—	7.6M	8.5M	12.7M	8M
Total current liabilities	868.9M	—	—	—	—	—	—	—	189.8M	199.1M	213.2M	221.4M
Long-term debt	385.7M	—	—	—	—	—	—	—	338.7M	337.2M	344.9M	341.8M
Total liabilities	1.6B	—	—	—	—	—	—	—	778.3M	790.3M	821M	821M
Shareholders' equity	1.9B	—	—	—	—	—	—	—	959.8M	963M	1B	1B
Total debt	548.6M	—	—	—	—	—	—	—	346.3M	345.7M	357.7M	349.8M
Net debt	347.6M	—	—	—	—	—	—	—	179.1M	165.4M	351.7M	322M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	217.9M	200.8M	163.3M	84.4M	741.5M	399.3M	269.2M	117.8M	95M	155M
Depreciation & amortization	86.8M	103.4M	95.6M	92.7M	87.7M	98.8M	112.8M	80.7M	48.3M	57.3M
Stock-based compensation	14.3M	13.8M	11.7M	11.9M	19.1M	16.1M	19.2M	16.7M	16.2M	13.7M
Change in working capital	-70.5M	-35.7M	-95.5M	58.9M	18.3M	-337.6M	159.6M	-9.3M	748K	-18.3M
Operating cash flow	267M	244M	192.5M	246.6M	892M	195.8M	545.2M	208.6M	141.7M	226.1M
Capital expenditure	-68.4M	-76.1M	-84.5M	-95.5M	-82.2M	-94.6M	-86.4M	-83.5M	-50.6M	—
Investing cash flow	-63M	-339.8M	-45.2M	-116.2M	468.5M	-438.2M	-71.8M	-139.6M	-135.1M	-304.2M
Dividends paid	-50.7M	-51.4M	-52.3M	-53.3M	-53M	-57.2M	-59.2M	-274.9M	-33.9M	-36.9M
Share repurchases	-9.1M	-206.4M	-174.5M	-57.5M	-192.1M	-186.5M	-1.8M	-11.4M	-34.9M	-49.7M
Financing cash flow	-78.8M	-100.1M	-238.9M	-165.7M	-249.8M	-237.8M	-133.1M	-359.9M	-68.8M	-88.4M
Net change in cash	125.2M	-195.9M	-91.6M	-35.3M	1.1B	-480.1M	340.3M	-290.8M	-62.2M	-166.4M
Free cash flow	267.3M	205.3M	113.4M	241.2M	192.2M	-24.5M	539M	206.4M	159.2M	170.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	99.7M	28.2M	22M	-32M	24M	28M	39.3M	3.6M	34.8M	27M	45.1M	48.1M
Depreciation & amortization	28.3M	28M	11.9M	12.4M	11.8M	11.9M	11.9M	12.6M	13.1M	13.8M	14.6M	15.9M
Stock-based compensation	4.5M	6.2M	2.6M	3.4M	3.9M	5.9M	2.9M	3.4M	3.4M	3.3M	3.8M	3.2M
Change in working capital	-79.9M	74.9M	12.9M	-32.8M	3.5M	-3.3M	6.7M	-4.2M	-13M	1.3M	-23.7M	6.7M
Operating cash flow	47.2M	139.2M	53.8M	-47.1M	37.7M	45.2M	52.9M	7.8M	41.1M	51.5M	61.9M	71.6M
Capital expenditure	-29.3M	-32.9M	-10M	-11.3M	-9.6M	-15.2M	-12.7M	-13.1M	—	—	—	—
Investing cash flow	-44.3M	-54.6M	-18.7M	-24.3M	-88.7M	-12.9M	-13.5M	-20M	-92.2M	-55K	-212.2M	367K
Dividends paid	-15.7M	-17.3M	-15.8M	-226M	-8.1M	-9M	-8.4M	-8.4M	-8.6M	-9.6M	-9.3M	-9.3M
Share repurchases	-5.1M	-9.2M	-1M	4M	-10M	-12M	-6.2M	-6.8M	-9.8M	-16M	-5.4M	-18.5M
Financing cash flow	-272.2M	148.5M	-235.1M	-4M	-18.1M	-20.9M	-14.6M	-15.2M	-18.6M	-25.9M	-10.2M	-33.7M
Net change in cash	-269.2M	233M	-200M	-75.4M	-69.1M	11.4M	24.8M	-27.3M	-69.8M	25.6M	-160.5M	38.2M
Free cash flow	30.4M	102.1M	40.1M	33.8M	31.5M	33.9M	44.4M	49.3M	27.9M	39.1M	48.1M	55.1M

Date	Ratio
Dec 1, 2023	1622:1000
Oct 25, 1993	3:2
Oct 28, 1991	3:2
Nov 3, 1986	3:2
Oct 28, 1985	3:2
Apr 4, 1983	4:3
Apr 3, 1983	4:3

Worthington Enterprises Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history