Worthington Steel (WS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Oct 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WS SEC filings page.
Worthington Steel, Inc. (WS) reported $5.3B in revenue over the twelve months to Aug 31, 2026, up 69.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue recovered in FY2026, but rising operating costs and financing burden absorbed the improvement, leaving core operations essentially at break-even.
The FY2026 rebound was low quality: revenue increased11.3% , yet gross profit increased only3.8% , showing that higher sales translated weakly into profit contribution. Meanwhile, SG&A rose28.4% as operating margin fell4.8 pp , indicating that the cost base expanded faster than the business could absorb.
Operating cash flow of
The balance sheet became more creditor-funded: liabilities rose
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Worthington Steel, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Worthington Steel, Inc. has an operating margin of 0.0%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 42/100, indicating healthy but not exceptional operating efficiency. This is down from 4.8% the prior year.
Worthington Steel, Inc.'s revenue grew 11.3% year-over-year to $3.4B, a solid pace of expansion. This earns a growth score of 31/100.
Worthington Steel, Inc. carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
Worthington Steel, Inc.'s current ratio of 1.46 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
Worthington Steel, Inc. has a free cash flow margin of 2.3%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.
Worthington Steel, Inc.'s ROE of 0.8% shows moderate profitability relative to equity, earning a score of 51/100. This is down from 10.3% the prior year.
Worthington Steel, Inc. scores 3.12, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $3.4B against total assets of $2.3B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Worthington Steel, Inc. passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Worthington Steel, Inc. reported $8.5M of net income while generating $201.2M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Worthington Steel, Inc. reported an operating loss of $1.4M against $28.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Worthington Steel, Inc. generated $2.7B in revenue in Q1 2027. This represents an increase of 212.4% from the same quarter a year earlier. Against the prior quarter it is up 193.4%.
Worthington Steel, Inc.'s EBITDA was $83.8M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.2% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Worthington Steel, Inc. reported a net loss of $10.0M in Q1 2027. This represents a decrease of 127.2% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Worthington Steel, Inc. earned -$0.20 per diluted share (EPS) in Q1 2027. This represents a decrease of 127.4% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Worthington Steel, Inc. recorded an outflow of $69.0M in free cash flow in Q1 2027, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 984.6%.
Worthington Steel, Inc. held $248.2M in cash against $1.7B in long-term debt as of Q1 2027.
Worthington Steel, Inc. paid $0.16 per share in dividends in Q1 2027. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Worthington Steel, Inc.'s gross margin was 9.6% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.2 percentage points.
Worthington Steel, Inc.'s operating margin was 2.1% in Q1 2027, reflecting core business profitability. This is down 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.1 percentage points.
Worthington Steel, Inc.'s net profit margin was -0.4% in Q1 2027, showing the share of revenue converted to profit. This is down 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.8 percentage points.
Worthington Steel, Inc.'s quarterly ROE was -1.0% in Q1 2027: one quarter's net income over shareholder equity, not annualized. This is down 4.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Capital Allocation
Worthington Steel, Inc. invested $63.0M in capex in Q1 2027, funding long-term assets and infrastructure. This represents an increase of 114.3% from the same quarter a year earlier. Against the prior quarter it is up 69.8%.
Not reported for Q1 2027.
Not reported for Q1 2027.
WS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B+212.4% | $929.2M+11.6% | $769.8M+12.0% | $871.9M+18.0% | $872.9M+4.7% | $832.9M-8.6% | $687.4M-14.7% | $739.0M-8.5% |
| Cost of Revenue | $2.5B+225.4% | $810.4M+14.8% | $693.7M+14.4% | $778.7M+18.2% | $757.7M+3.3% | $705.9M-9.5% | $606.2M-11.6% | $659.0M-11.9% |
| Gross Profit | $261.2M+126.7% | $118.8M-6.5% | $76.1M-6.3% | $93.2M+16.5% | $115.2M+14.7% | $127.0M-3.1% | $81.2M-32.4% | $80.0M+32.9% |
| SG&A Expenses | $208.8M+207.5% | $81.1M+37.7% | $77.5M+41.9% | $70.9M+16.0% | $67.9M+19.1% | $58.9M-7.5% | $54.6M+3.4% | $61.1M+12.9% |
| Operating Income | $56.0M+15.9% | -$74.5M-212.2% | $3.1M-83.1% | $21.7M+14.8% | $48.3M+11.3% | $66.4M-1.3% | $18.3M-72.4% | $18.9Mn/m |
| EBITDA | $83.8M+22.2% | -$53.9M-164.7% | $24.7M-29.2% | $43.4M+23.3% | $68.6M+15.1% | $83.3M-0.1% | $34.9M-57.5% | $35.2M+363.2% |
| Interest Expense | -$38.8Mn/m | $26.5M+2550.0% | $2.1M+50.0% | $2.7M+28.6% | -$2.9M-211.5% | $1.0M-58.3% | $1.4M-51.7% | $2.1M+950.0% |
| Income Tax | $12.1M-9.7% | -$1.1M-106.8% | $3.5M-30.0% | $4.2M+16.7% | $13.4M+235.0% | $16.2M-8.0% | $5.0M-64.3% | $3.6Mn/m |
| Net Income | -$10.0M-127.2% | -$57.5M-203.2% | $10.4M-24.6% | $18.8M+46.9% | $36.8M+29.6% | $55.7M+4.7% | $13.8M-71.8% | $12.8Mn/m |
| EPS (Basic) | -$0.20-127.0% | -$1.16-202.7% | $0.21-25.0% | $0.38+46.2% | $0.74+29.8% | $1.13+4.6% | $0.28-71.7% | $0.26n/m |
| EPS (Diluted) | -$0.20-127.4% | -$1.13-202.7% | $0.20-25.9% | $0.37+48.0% | $0.73+30.4% | $1.10+3.8% | $0.27-72.4% | $0.25n/m |
| Diluted Shares (Avg) | 50M-1.2% | N/A | 51M+0.8% | 51M+0.2% | 51M+0.4% | N/A | 51M+0.4% | 51M+2.6% |
Not reported in any period shown, so not listed: R&D Expenses.
WS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.0B+168.4% | $2.3B+14.8% | $2.3B+28.7% | $2.1B+23.6% | $2.2B+22.6% | $2.0B+5.1% | $1.8B-2.7% | $1.7B-8.3% |
| Current Assets | $3.8B+233.2% | $1.1B+7.8% | $1.1B+21.2% | $1.1B+22.5% | $1.1B+20.2% | $1.0B+4.7% | $912.6M-10.8% | $857.4M-21.1% |
| Cash & Equivalents | $248.2M+217.0% | $84.6M+122.6% | $90.0M+42.2% | $89.8M+72.7% | $78.3M+117.5% | $38.0M-5.5% | $63.3M+4.1% | $52.0M-75.7% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $1.7B+257.5% | $415.7M-1.5% | $435.6M+27.3% | $413.0M+20.4% | $478.5M+22.0% | $422.0M+4.1% | $342.3M-16.1% | $343.0M-8.2% |
| Accounts Receivable | $1.4B+182.9% | $496.2M+13.1% | $461.6M+11.6% | $440.8M+18.2% | $490.3M+10.6% | $438.7M-7.2% | $413.8M-11.7% | $372.9M-12.5% |
| Long-Term Investments | N/A | N/A | N/A | $0n/m | $0n/m | N/A | N/A | $0n/m |
| Goodwill | $44.5M-56.2% | $44.5M-44.1% | $103.3M+30.3% | $101.5M+27.7% | $101.7M+27.6% | $79.6M0.0% | $79.3M-0.5% | $79.5M+0.4% |
| Total Liabilities | $4.3B+373.7% | $989.5M+29.5% | $958.1M+45.9% | $803.1M+35.2% | $912.4M+33.0% | $763.9M+2.0% | $656.6M-15.7% | $594.2M-18.1% |
| Current Liabilities | $2.1B+204.1% | $775.8M+22.9% | $745.6M+43.1% | $584.9M+25.1% | $693.6M+24.3% | $631.5M+2.1% | $521.0M-19.3% | $467.7M-21.4% |
| Non-Current Liabilities | $2.2B+911.1% | $213.7M+61.4% | $212.5M+56.7% | $218.2M+72.5% | $218.8M+70.5% | $132.4M+1.5% | $135.6M+1.7% | $126.5M-3.1% |
| Long-Term Debt | $1.7B+3739.4% | $44.4M+1830.4% | $31.6M+1336.4% | $41.7Mn/m | $43.1Mn/m | $2.3Mn/m | $2.2Mn/m | $0n/m |
| Total Equity | $1.0B-6.6% | $1.1B-1.0% | $1.1B+11.1% | $1.1B+10.5% | $1.1B+9.5% | $1.1B+9.0% | $1.0B+8.0% | $1.0B-2.8% |
| Retained Earnings | $121.8M-36.7% | $140.0M-14.7% | $205.7M+76.6% | $203.5M+83.3% | $192.5M+81.1% | $164.2M+90.7% | $116.5M+184.8% | $111.0M |
WS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.0Mn/m | $44.9M-16.7% | $63.3M+17.7% | $99.3M+46.0% | -$6.3M-111.5% | $53.9M+51.4% | $53.8M+20.4% | $68.0M-51.4% |
| Depreciation & Amortization | $27.8M+36.9% | $20.6M+21.9% | $21.6M+30.1% | $21.7M+33.1% | $20.3M+25.3% | $16.9M+5.0% | $16.6M+4.4% | $16.3M-0.6% |
| Stock-Based Compensation | $2.3M-68.9% | N/A | N/A | N/A | $7.4M+208.3% | N/A | N/A | N/A |
| Capital Expenditures | $63.0M+114.3% | $37.1M-18.5% | $30.0M+4.9% | $24.7M-29.0% | $29.4M+36.7% | $45.5M+1.6% | $28.6M+27.7% | $34.8M+84.1% |
| Free Cash Flow | -$69.0Mn/m | $7.8M-7.1% | $33.3M+32.1% | $74.6M+124.7% | -$35.7M-207.9% | $8.4Mn/m | $25.2M+13.0% | $33.2M-72.6% |
| Investing Cash Flow | N/A | -$43.3Mn/m | -$115.8Mn/m | -$24.7Mn/m | -$29.6Mn/m | -$45.3Mn/m | -$28.6Mn/m | -$33.7Mn/m |
| Financing Cash Flow | $735.6M+3402.9% | -$8.0M-138.1% | $52.9Mn/m | -$62.9Mn/m | $21.0Mn/m | $21.0Mn/m | -$13.9Mn/m | -$18.3M-121.2% |
| Dividends Paid | $8.2M+1.2% | $8.0M0.0% | $8.1M+1.3% | $8.4M+6.3% | $8.1M+1.3% | $8.0M+1.3% | $8.0Mn/m | $7.9Mn/m |
Not reported in any period shown, so not listed: Share Buybacks.
WS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.6%-3.6pp | 12.8%-2.5pp | 9.9%-1.9pp | 10.7%-0.1pp | 13.2%+1.2pp | 15.3%+0.9pp | 11.8%-3.1pp | 10.8%+3.4pp |
| Operating Margin | 2.1%-3.5pp | -8.0%-16.0pp | 0.4%-2.3pp | 2.5%-0.1pp | 5.5%+0.3pp | 8.0%+0.6pp | 2.7%-5.6pp | 2.6%+3.7pp |
| Net Margin | -0.4%-4.6pp | -6.2%-12.9pp | 1.4%-0.7pp | 2.2%+0.4pp | 4.2%+0.8pp | 6.7%+0.9pp | 2.0%-4.1pp | 1.7%+2.5pp |
| Return on Equity | -1.0%-4.3pp | -5.4%-10.6pp | 0.9%-0.4pp | 1.7%+0.4pp | 3.3%+0.5pp | 5.2%-0.2pp | 1.4%-3.9pp | 1.3%+1.8pp |
| Return on Assets | -0.2%-1.8pp | -2.5%-5.4pp | 0.4%-0.3pp | 0.9%+0.1pp | 1.6%+0.1pp | 2.8%0.0pp | 0.8%-1.9pp | 0.7%+1.1pp |
| Current Ratio | 1.81+0.2x | 1.46-0.2x | 1.48-0.3x | 1.800.0x | 1.66-0.1x | 1.660.0x | 1.75+0.2x | 1.830.0x |
| Debt-to-Equity | 1.60+1.6x | 0.040.0x | 0.030.0x | 0.040.0x | 0.040.0x | 0.000.0x | 0.000.0x | 0.000.0x |
| Liabilities-to-Equity | 4.19+3.4x | 0.93+0.2x | 0.85+0.2x | 0.72+0.1x | 0.83+0.1x | 0.710.0x | 0.65-0.2x | 0.59-0.1x |
| Asset Turnover | 0.45+0.1x | 0.410.0x | 0.330.0x | 0.410.0x | 0.39-0.1x | 0.42-0.1x | 0.38-0.1x | 0.420.0x |
| FCF Margin | -2.5%+1.6pp | 0.8%-0.2pp | 4.3%+0.7pp | 8.6%+4.1pp | -4.1%-8.1pp | 1.0%+2.0pp | 3.7%+0.9pp | 4.5%-10.5pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Worthington Steel, Inc. WS | FY2026 | $3.4B | $8.5M | 0.3% | $2.2B | 49/100 |
| Metallus Inc. MTUS | FY2025 | $1.2B | -$1.2M | -0.1% | $875.8M | 35/100 |
| Algoma Steel Group Inc. ASTL | FY2025 | $1.5B | -$718.3M | -47.2% | $507.2M | 24/100 |
| NWPX Infrastructure, Inc. NWPX | FY2025 | $526.0M | $35.4M | 6.7% | $962.2M | 70/100 |
Where Worthington Steel, Inc. Ranks
Frequently Asked Questions
What is Worthington Steel, Inc.'s annual revenue?
Worthington Steel, Inc. (WS) reported $3.4B in total revenue for fiscal year 2026. This represents a 11.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Worthington Steel, Inc.'s revenue growing?
Worthington Steel, Inc. (WS) revenue grew by 11.3% year-over-year, from $3.1B to $3.4B in fiscal year 2026.
Is Worthington Steel, Inc. profitable?
No, Worthington Steel, Inc. (WS) reported a net loss of $38.3M over the trailing 12 months to August 31, 2026. In fiscal year 2026 it reported a net income of $8.5M, with a net profit margin of 0.3%.
What is Worthington Steel, Inc.'s EBITDA?
Worthington Steel, Inc. (WS) had EBITDA of $82.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Worthington Steel, Inc. have?
As of fiscal year 2026, Worthington Steel, Inc. (WS) had $84.6M in cash and equivalents against $44.4M in long-term debt.
What is Worthington Steel, Inc.'s gross margin?
Worthington Steel, Inc. (WS) had a gross margin of 11.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Worthington Steel, Inc.'s operating margin?
Worthington Steel, Inc. (WS) had an operating margin of 0.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Worthington Steel, Inc.'s net profit margin?
Worthington Steel, Inc. (WS) had a net profit margin of 0.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Worthington Steel, Inc. pay dividends?
Yes, Worthington Steel, Inc. (WS) paid $0.64 per share in dividends during fiscal year 2026.
What is Worthington Steel, Inc.'s return on equity (ROE)?
Worthington Steel, Inc. (WS) has a return on equity of 0.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Worthington Steel, Inc.'s free cash flow?
Worthington Steel, Inc. (WS) generated $80.0M in free cash flow during fiscal year 2026. This represents a -19.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Worthington Steel, Inc.'s operating cash flow?
Worthington Steel, Inc. (WS) generated $201.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Worthington Steel, Inc.'s total assets?
Worthington Steel, Inc. (WS) had $2.3B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Worthington Steel, Inc.'s capital expenditures?
Worthington Steel, Inc. (WS) invested $121.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Worthington Steel, Inc.'s current ratio?
Worthington Steel, Inc. (WS) had a current ratio of 1.46 as of fiscal year 2026, which is considered adequate.
What is Worthington Steel, Inc.'s debt-to-equity ratio?
Worthington Steel, Inc. (WS) had a debt-to-equity ratio of 0.04 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Worthington Steel, Inc.'s liabilities-to-equity ratio?
Worthington Steel, Inc. (WS) had a liabilities-to-equity ratio of 0.93 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Worthington Steel, Inc.'s return on assets (ROA)?
Worthington Steel, Inc. (WS) had a return on assets of 0.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Worthington Steel, Inc.'s P/E ratio?
Worthington Steel, Inc. (WS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to August 31, 2026). The market capitalization is $2.2B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Worthington Steel, Inc.'s price-to-sales ratio?
Worthington Steel, Inc. (WS) trades at 0.4x sales, its market capitalization divided by $5.3B revenue, trailing 12 months to August 31, 2026. The market capitalization is $2.2B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Worthington Steel, Inc.'s Altman Z-Score?
Worthington Steel, Inc. (WS) has an Altman Z-Score of 3.12, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Worthington Steel, Inc.'s Piotroski F-Score?
Worthington Steel, Inc. (WS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Worthington Steel, Inc.'s earnings high quality?
Worthington Steel, Inc. (WS) reported $8.5M of net income while generating $201.2M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Worthington Steel, Inc. cover its interest payments?
Worthington Steel, Inc. (WS) reported an operating loss of $1.4M against $28.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Worthington Steel, Inc.?
Worthington Steel, Inc. (WS) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.