Worthington Stock Price, News & Analysis

Worthington Enterprises (NYSE:WOR) reported strong first quarter fiscal 2026 results, with net sales increasing 18% to $303.7 million and net earnings growing 45% to $34.8 million. The company's adjusted EBITDA rose 34% to $65.1 million, while diluted EPS improved from $0.48 to $0.70.

Key highlights include the strategic acquisition of Elgen Manufacturing for $91.2 million, strengthening Worthington's commercial HVAC presence. The Building Products segment showed remarkable performance with 32.2% sales growth to $184.8 million. The company maintained strong liquidity with $167.1 million in cash and $500 million available in credit facility.

Worthington also continued its shareholder returns through a $0.19 quarterly dividend and repurchased 100,000 shares for $6.3 million.

Worthington Enterprises (NYSE:WOR) has declared a quarterly dividend of $0.19 per share, payable on December 29, 2025, to shareholders of record on December 15, 2025. The company has maintained its commitment to paying quarterly dividends since its IPO in 1968.

Additionally, Worthington Enterprises, which specializes in designing and manufacturing market-leading brands for space improvement and experience enhancement, will host its fiscal first quarter earnings conference call on September 24, 2025, at 8:30 a.m. ET. The Q1 results will be released after market close on September 23, 2025.

Worthington Enterprises (NYSE: WOR) has released its 2025 Corporate Citizenship and Sustainability Report, highlighting significant achievements in environmental, social, and governance initiatives. The company demonstrated strong safety performance, outperforming industry averages by 40% in incident rates.

Key accomplishments include 88% waste recycling/recovery, $6.05 million in cost savings through climate risk reduction, and $3.1 million in charitable contributions to 73 non-profit organizations. The company maintained strong domestic supplier relationships with 86% of total spend allocated to U.S. suppliers. Additionally, Worthington launched the West Africa Clean Cooking Fund to promote sustainable LPG cooking adoption.

Worthington Enterprises (NYSE: WOR) has scheduled its fiscal first quarter 2026 earnings conference call for Wednesday, September 24, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on September 23, 2025.

The earnings call will be accessible via live audio webcast through the company's investor relations website. For those unable to attend the live call, a replay will be available in the Investors section approximately two hours after the call concludes and will remain archived for one year.

Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands, announced its participation in the Canaccord Genuity 45th Annual Growth Conference. President and CEO Joe Hayek and CFO Colin Souza will engage in a fireside chat on Tuesday, August 12 at 3:30 p.m. ET.

The discussion, facilitated by Brian C. McNamara, CFA, will focus on the company's strategies for accelerating long-term growth and shareholder value through the Worthington Business System, which encompasses innovation, transformation, and M&A initiatives. The session will be available for replay on Worthington's Investor Relations website.

Hexagon Composites ASA has announced the complete acquisition of Sustainable Energy Solutions (SES) Composites, the alternative fuels business unit from Worthington Enterprises (NYSE:WOR). This strategic move follows Hexagon's previous acquisition of a 49% stake in SES announced on May 29, 2024, which was connected to the sale of Hexagon Ragasco.

The acquisition is expected to generate synergies and enhance Hexagon's presence in the European market, particularly in the alternative fuels sector.

Worthington Enterprises (NYSE:WOR) reported its Q4 fiscal 2025 results with mixed performance. Net sales slightly decreased by 0.3% to $317.9 million, while net earnings from continuing operations increased 111% to $3.6 million. The company's adjusted EBITDA grew 35% to $85.1 million, and adjusted EPS improved from $0.74 to $1.06 per share.

Notable developments include a 12% dividend increase to $0.19 per share and the acquisition of Elgen Manufacturing for approximately $93 million. The company maintained strong liquidity with $250.1 million in cash and generated operating cash flow of $62.4 million, up 38% year-over-year.

Worthington Enterprises (NYSE: WOR) has announced a 12% increase in its quarterly dividend to $0.19 per share, representing a $0.02 increase from the previous quarter. The dividend will be paid on September 29, 2025, to shareholders of record as of September 15, 2025.

The company has maintained a consistent track record of paying quarterly dividends since its IPO in 1968. Additionally, Worthington will host its quarterly earnings conference call on June 25, 2025, at 8:30 a.m. ET to discuss its fiscal fourth quarter results, which will be released after market close on June 24.

Worthington Enterprises (NYSE: WOR) has acquired Elgen Manufacturing for $93 million in cash, expanding its Building Products segment portfolio. Elgen, based in Closter, New Jersey, is a leading manufacturer of HVAC parts, components, ductwork, and structural framing for commercial buildings in North America. The acquisition brings 250 employees and trailing 12-month revenues of $114.9 million with EBITDA of $13.3 million as of April 2025. Elgen's business model focuses on maintenance, repair, and remodel of existing HVAC installations, providing direct sales to contractors and strategic distributor partnerships. The deal aims to leverage Worthington's domestic footprint, manufacturing expertise, and purchasing power while maintaining Elgen's current leadership team, including CEO David Young.