Worthington Steel Stock Price, News & Analysis

Worthington Steel (NYSE: WS) released its 2025 Corporate Citizenship and Sustainability Report covering fiscal 2025 performance in safety, environment, talent, community and governance.

Key highlights include a 40% improvement in workplace safety over two years (recordable injury rate 1.51), 98% waste diversion, 53,600+ EHS training hours, a 2.4% reduction in Scope 1 and 2 GHG, $3.1M in community contributions, and >$38M spent with diverse suppliers. The report follows GRI standards and references SASB guidance and the company’s 2024 materiality assessment.

Sky Harbour (NYSE: WS) executed a ground lease with the City of Long Beach to develop a two-phase, ~17-acre Home Base Operator (HBO) campus at Long Beach Airport (LGB) announced October 22, 2025.

The campus will provide state-of-the-art hangars, dedicated line services for based tenants, adjacent office space, ramp and auto parking, and is projected to create or sustain hundreds of local jobs. LGB becomes Sky Harbour's 19th home-base airport, joining operating and in-development campuses across major U.S. markets.

Sky Harbour (NYSE: SKYH) entered a 5-year floating-to-fixed interest rate swap on its $200 million Sky Harbour Capital II tax-exempt warehouse facility with an affiliate of J.P. Morgan, locking a 4.73% fixed rate under a new ISDA with no CSA requirement. The company said the swapped rate compares to a 5.60% floating rate at facility entry. Sky Harbour reiterated 2025 guidance: (i) announce five new airport wins by year-end to total 23 airports in operation or development, and (ii) reach operating cash flow breakeven on a run-rate basis by year-end.

Sky Harbour will present at investor conferences Oct 20–23, 2025.

Worthington Steel (NYSE: WS) has announced that its subsidiary Tempel Steel has developed Full Surface Bonding (FSB™), a patent-pending technology for bonding electrical steel laminations in motor cores. The innovative process applies a thin adhesive layer to laminations before stacking, creating stronger bonds and eliminating gaps.

FSB™ technology offers significant advantages including improved motor efficiency, reduced noise and vibration, better thermal conductivity, and enhanced durability. The coating is notably thinner (2-4 microns vs. 5-14 microns in traditional methods), allowing for more active steel in each motor core. The technology has already received approval for production applications from multiple automotive OEMs.

Southland Holdings (NYSE American: SLND) has secured two significant projects with a combined value of $130 million. The first project, awarded to its Transportation segment subsidiary American Bridge Company, involves bridge rehabilitation in the Pacific Northwest for a private client. The second project, awarded to Oscar Renda Contracting under its Civil segment, focuses on water resources in Austin, Texas.

Both projects will be incorporated into the company's third quarter 2025 backlog.

Worthington Steel (NYSE: WS) reported strong Q1 fiscal 2026 results, with net sales increasing 5% to $872.9 million from $834.0 million year-over-year. The company achieved net earnings of $36.8 million ($0.72 per diluted share), up from $28.4 million ($0.56 per diluted share) in Q1 2025.

Key highlights include a 6% increase in direct tons sold, with the recently acquired Sitem Group contributing 1% to this growth. The company's gross margin improved by $14.8 million, driven by higher direct spreads and volumes. Operating income rose to $48.3 million, up from $43.4 million. The company declared a quarterly dividend of $0.16 per share, payable December 26, 2025.

A significant development was the acquisition of 52% stake in S.I.T.E.M. S.p.A. (Sitem Group) through subsidiary Tempel Steel Company, completed on June 3, 2025, marking an important strategic expansion.

Worthington Steel (NYSE:WS) has declared a quarterly dividend of $0.16 per common share, payable on December 26, 2025, to shareholders of record as of December 12, 2025.

Additionally, the company announced it will host a conference call to discuss its fiscal 2026 first quarter results on September 25, 2025, at 8:30 a.m. ET. The call will be available via webcast on the company's Investor Relations website and will be archived for one year.

Worthington Steel (NYSE: WS) has scheduled its fiscal first quarter 2026 earnings conference call for Thursday, September 25, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on Wednesday, September 24, 2025.

Investors can access the live webcast through the Investor Relations section of WorthingtonSteel.com, where it will remain archived for one year. For those joining by phone, the toll-free dial-in number is 888.510.2553 with conference ID 5714141.

Sky Harbour Group (NYSE:SKYH), an aviation infrastructure company, has secured a $200 million tax-exempt warehouse drawdown committed bank facility through J.P. Morgan. The facility, issued through the Public Finance Authority (Wisconsin), features key terms including 65% leverage, 5-year bullet maturity, and a tax-exempt annual interest rate of 80% of (SOFR+0.10%) plus 200bps, currently at approximately 5.60%.

The facility, which may be expanded to $300 million subject to credit approval, will be used to fund new hangar projects. It includes capitalized monthly interest during the first three years and no prepayment penalty at refinancing. Sky Harbour Capital II, LLC, a wholly owned subsidiary, serves as the initial borrower.