Worthington Steel, Inc. (WS)
Worthington Steel, Inc. brought in $5.3B of revenue over the twelve months to August 31, 2026, up 69.1% from a year earlier. It posted a net loss of $38.3M. Operating cash flow minus capital spending left $80M of free cash flow in fiscal 2026. At August 31, 2026 it held $248.2M in cash against $1.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 13, 2026.
Key facts about Worthington Steel, Inc.
- Net worth
- Worthington Steel, Inc. has a market value (market cap) of $2B at the latest share price, and shareholders' equity of $1B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $3.4B (+11.3% year on year), with net income of $8.5M. Over the 12 months to August 31, 2026: revenue $5.3B, net loss $38.3M.
- Cash flow
- In fiscal 2026 operations brought in $201.2M of cash; after $121.2M of capital spending, free cash flow was $80M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 13, 2026 and covers the period to August 31, 2026. Open on SEC EDGAR
- Next earnings report
- Worthington Steel, Inc.'s next report is expected around December 18, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Worthington Steel, Inc. declared dividends of $0.64 per share in fiscal 2026, a yield of 1.61% at the current price.
What Worthington Steel, Inc. does
Worthington Steel, Inc. is registered with the SEC under industry code SIC 3310 (Steel Works, Blast Furnaces & Rolling & Finishing Mills). Its shares trade on NYSE under the ticker WS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $3.4B | $8.5M | $0.17 | $80M |
| 2025 | $3.1B | $110.7M | $2.19 | $99.9M |
| 2024 | $3.4B | $154.7M | $3.11 | $96.1M |
| 2024 | $3.6B | $87.1M | $1.77 | $269.5M |
| 2022 | $4.1B | $180.4M | $3.66 | $3.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where WS ranks in Industrials
Dividends
Worthington Steel, Inc. declared $0.64 per share in fiscal 2026. At the current price that is a yield of 1.61%. It paid out $32.6M in cash dividends, 384% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2026 | $0.64 | $32.6M | 384% |
| 2025 | $0.64 | $31.9M | 29% |
| 2024 | $0.32 | $7.9M | 5% |
| 2024 | n/a | $0 | 0% |
| 2022 | n/a | $0 | 0% |
Latest SEC filings
What Worthington Steel, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 23, 2026
- October 21, 2026
- October 13, 2026Quarterly report 10-Q · period to August 31, 2026Revenue rose 212% to $2.7B versus the same quarter last year; diluted EPS -$0.20 versus $0.73.
- October 7, 2026Quarterly results8-KWorthington Steel reported a 212% increase in first quarter net sales following the Kloeckner acquisition but swung to a net loss.
- September 24, 2026
- September 8, 2026
- August 19, 2026
- August 14, 2026
- August 14, 2026Additional proxy material DEFA14A
- August 14, 2026Proxy statement DEF 14A
What is WS worth? A DCF from its reported cash flow
Insider trades
What the people running Worthington Steel, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $31.5K and sold $1.1M worth of shares in the last 90 days. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 26, 2026 | Heuer JosephGeneral Counsel | Shares withheld for tax | 1,441 | $60.9K |
| October 19, 2026 | Larivey CliffordPresident Flat Rolled Stl Proc | Soldpre-planned (10b5-1) | 6,868 | $275.7K |
| October 19, 2026 | Larivey CliffordPresident Flat Rolled Stl Proc | Soldpre-planned (10b5-1) | 300 | $12.3K |
| October 16, 2026 | Larivey CliffordPresident Flat Rolled Stl Proc | Soldpre-planned (10b5-1) | 18,370 | $740.5K |
| October 15, 2026 | Ganem George John IIICEO Americas Kloeckner Metals | Bought | 800 | $31.5K |
| October 15, 2026 | Larivey CliffordPresident Flat Rolled Stl Proc | Soldpre-planned (10b5-1) | 1,100 | $44K |
| October 8, 2026 | Klingler Jeffrey RChief Operating Officer | Received as pay | 8,777 | - |
| October 8, 2026 | Larivey CliffordPresident Flat Rolled Stl Proc | Received as pay | 4,642 | - |
Who owns WS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| John P. McConnell13D, may seek influence | 34.3% | December 11, 2023 |
| Dimensional Fund Advisors LP13G, passive | 5.1% | July 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 236 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 5,107,237 | +2,608 |
| Dimensional Fund Advisors LP | 2,566,114 | +45,796 |
| Vanguard Portfolio Management LLC | 2,280,211 | +3,935 |
| State Street Corp | 2,078,892 | -185,464 |
| Vanguard Capital Management LLC | 1,650,805 | +27,353 |
| Geode Capital Management, LLC | 890,497 | +52,607 |
| Alliancebernstein L.P. | 943,738 | -12,503 |
| Fisher Asset Management, LLC | 640,136 | +384,200 |
| Charles Schwab Investment Management Inc | 619,598 | -119,459 |
| Teacher Retirement System of Texas | 589,218 | +24,421 |
| Invesco Ltd. | 512,451 | +134,937 |
| Morgan Stanley | 440,834 | -47,851 |
| Goldman Sachs Group Inc | 398,032 | +43,022 |
| Northern Trust Corp | 388,242 | +25,056 |
| Bridgeway Capital Management, LLC | 386,495 | +3,133 |
| Nuveen, LLC | 363,821 | +74,457 |
| Bank of New York Mellon Corp | 345,942 | +4,532 |
| FIL Ltd | 325,221 | -35,288 |
| American Century Companies Inc | 268,919 | -148,742 |
| Empowered Funds, LLC | 240,495 | -421 |
Insiders
17 insiders reported holding 1,188,450 shares in total, about $47.1M at the last price.
| Holder | Shares |
|---|---|
| Gilmore Geoffrey GPresident and CEO, Director | 348,966 |
| Blystone John BExecutive Chairman, Director | 249,043 |
| Klingler Jeffrey RChief Operating Officer | 112,475 |
| Schiavo Mary FacklerDirector | 102,404 |
| Ribeau Sidney ADirector | 84,468 |
| Adams Timothy AChief Financial Officer | 53,476 |
| McConnell John H IIDirector | 48,792 |
| Stoe George PDirector | 29,516 |
| Davis Mark CDirector | 26,844 |
| Larivey CliffordPresident Flat Rolled Stl Proc | 26,351 |
Questions about WS
What does Worthington Steel, Inc. do?
Worthington Steel, Inc. is a company in the Industrials sector, listed on NYSE as WS. Its shares trade on NYSE under the ticker WS.
What is Worthington Steel, Inc.'s net worth?
Worthington Steel, Inc. has a market value (market cap) of $2B at the latest share price, and shareholders' equity of $1B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Worthington Steel, Inc. profitable?
No. Over the twelve months to August 31, 2026 it reported a net loss of $38.3M on revenue of $5.3B.
How much revenue does Worthington Steel, Inc. make?
Over the twelve months to August 31, 2026 Worthington Steel, Inc. reported revenue of $5.3B. That is 69.1% more than a year earlier.
When did Worthington Steel, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 13, 2026. It covers the period to August 31, 2026. Its newest filing of any kind is the insider trade from October 28, 2026.
When is Worthington Steel, Inc.'s next earnings report?
Worthington Steel, Inc.'s next report is expected around December 18, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Worthington Steel, Inc. pay a dividend?
Yes. Worthington Steel, Inc. declared dividends of $0.64 per share in fiscal 2026, a yield of 1.61% at the current price.
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Where the numbers come from
Financial figures are the values Worthington Steel, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.