Worthington Industries Inc (WOR)

Name: Worthington Industries Inc Financial Statements
Creator: Quarter Results

Industrials | Manufacturing Metal Fabrication

Latest reporting period: 2026-02-28

Latest Quarter

2026-02-28

Revenue

$379M

Net Income

$45.5M

Operating Margin

8.9%

Free Cash Flow

$159M

Debt / Assets

44.7%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Worthington Industries Inc (WOR).
Income Statement (Quarterly)	2026-02-28	2025-11-30	2025-08-31	2025-02-28
Revenue	378,677,000	327,452,000	303,707,000	304,524,000
Cost of Revenue	269,203,000	242,823,000	222,149,000	215,277,000
Gross Profit	109,474,000	84,629,000	81,558,000	89,247,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	75,745,000	70,721,000	70,565,000	63,005,000
Operating Expenses	75,745,000	70,721,000	70,565,000	68,379,000
Operating Income	33,729,000	13,908,000	10,993,000	20,868,000
Interest Expense	1,828,000	1,472,000	115,000	628,000
Income Before Tax	60,114,000	35,780,000	45,681,000	52,579,000
Income Tax Expense	14,994,000	8,751,000	10,860,000	13,240,000
Net Income	45,463,000	27,328,000	35,148,000	39,663,000
Per Share
EPS	0.93	0.56	0.71	0.80
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Worthington Industries Inc (WOR).
Income Statement (Annual)	2025-05-31	2024-05-31	2023-12-31	2023-05-31	2022-05-31
Revenue	1,153,492,000	1,245,703,000	1,245,703,000	4,916,392,000	5,242,219,000
Cost of Revenue	835,227,000	960,684,000	960,684,000	4,253,080,000	4,527,403,000
Gross Profit	318,265,000	285,019,000	285,019,000	663,312,000	714,816,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	268,413,000	283,471,000	283,471,000	428,872,000	399,568,000
Operating Expenses	268,413,000	283,471,000	283,471,000	428,872,000	399,568,000
Operating Income	49,852,000	-73,459,000	-73,459,000	394,200,000	531,603,000
Interest Expense	2,297,000	1,587,000	1,587,000	26,759,000	31,337,000
Income Before Tax	128,809,000	74,007,000	74,007,000	345,368,000	514,286,000
Income Tax Expense	33,839,000	39,027,000	39,027,000	76,198,000	115,022,000
Net Income	96,053,000	110,624,000	110,624,000	256,528,000	379,386,000
Per Share
EPS	1.94	2.25	2.25	5.28	7.60
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Worthington Industries Inc (WOR).
Balance Sheet (Quarterly)	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Assets
Cash and Cash Equivalents	250,075,000	244,225,000	454,946,000	34,485,000
Short Term Investments	0	0	0	0
Net Receivables	228,544,000	217,117,000	697,085,000	878,049,000
Inventory	169,393,000	164,615,000	607,968,000	759,140,000
Total Current Assets	685,370,000	673,893,000	1,868,337,000	1,785,653,000
Property Plant Equipment	292,925,000	245,873,000	775,621,000	795,109,000
Goodwill and Intangibles	566,878,000	552,666,000	729,046,000	700,486,000
Total Assets	1,695,152,000	1,638,637,000	3,650,918,000	3,643,023,000
Liabilities
Account Payables	103,205,000	90,205,000	528,920,000	668,438,000
Short Term Debt	12,028,000	12,456,000	15,685,000	59,880,000
Total Current Liabilities	196,842,000	178,376,000	717,558,000	932,261,000
Long Term Debt	320,041,000	310,951,000	779,700,000	784,528,000
Total Liabilities	756,915,000	747,625,000	1,829,290,000	2,029,061,000
Shareholders Equity
Retained Earnings	624,529,000	589,392,000	1,428,391,000	1,230,163,000
Total Shareholders Equity	937,187,000	888,879,000	1,696,011,000	1,480,752,000

Balance sheet annual history for Worthington Industries Inc (WOR).
Balance Sheet (Annual)	2025-05-31	2024-05-31	2023-05-31	2022-05-31	2021-05-31
Assets
Cash and Cash Equivalents	250,075,000	244,225,000	454,946,000	34,485,000	640,311,000
Short Term Investments	0	0	0	0	0
Net Receivables	228,544,000	217,117,000	697,085,000	878,049,000	641,922,000
Inventory	169,393,000	164,615,000	607,968,000	759,140,000	564,754,000
Total Current Assets	685,370,000	673,893,000	1,868,337,000	1,785,653,000	1,967,992,000
Property Plant Equipment	292,925,000	245,873,000	775,621,000	795,109,000	550,118,000
Goodwill and Intangibles	566,878,000	552,666,000	729,046,000	700,486,000	591,443,000
Total Assets	1,695,152,000	1,638,637,000	3,650,918,000	3,643,023,000	3,373,245,000
Liabilities
Account Payables	103,205,000	90,205,000	528,920,000	668,438,000	567,392,000
Short Term Debt	12,028,000	12,456,000	15,685,000	59,880,000	10,405,000
Total Current Liabilities	196,842,000	178,376,000	717,558,000	932,261,000	787,901,000
Long Term Debt	320,041,000	310,951,000	779,700,000	784,528,000	737,405,000
Total Liabilities	756,915,000	747,625,000	1,829,290,000	2,029,061,000	1,821,550,000
Shareholders Equity
Retained Earnings	624,529,000	589,392,000	1,428,391,000	1,230,163,000	1,070,016,000
Total Shareholders Equity	937,187,000	888,879,000	1,696,011,000	1,480,752,000	1,398,193,000

Cash flow quarterly history for Worthington Industries Inc (WOR).
Cash Flow Statement (Quarterly)	2025-05-31	2024-05-31	2023-12-31	2023-05-31
Operating Activities
Net Income	96,053,000	117,821,000	27,783,000	269,170,000
Depreciation & Amortization	48,262,000	80,704,000	80,704,000	112,800,000
Stock Based Compensation	0	16,688,000	16,688,000	19,178,000
Change in Working Capital	748,000	-9,332,000	-9,332,000	159,628,000
Operating Cash Flow	209,744,000	289,976,000	291,061,000	625,364,000
Investing Activities
Capital Expenditure	-50,580,000	-83,527,000	-83,527,000	-86,366,000
Investments	-50,580,000	-83,527,000	-83,527,000	-86,366,000
Investing Cash Flow	-135,101,000	-140,808,000	-141,893,000	-71,776,000
Financing Activities
Debt Repayment	0	-221,703,000	-221,703,000	-51,868,000
Common Stock Issued/Repurchased	-34,890,000	-11,399,000	-22,798,000	-3,560,000
Dividends Paid	-33,903,000	-56,819,000	-56,819,000	-59,244,000
Financing Cash Flow	-68,793,000	-359,889,000	-359,889,000	-133,127,000
Summary
Free Cash Flow	159,164,000	206,449,000	207,534,000	538,998,000
Net Change in Cash	5,850,000	-210,721,000	-178,043,000	420,461,000

Cash flow annual history for Worthington Industries Inc (WOR).
Cash Flow Statement (Annual)	2025-05-31	2024-05-31	2023-12-31	2023-05-31	2022-05-31
Operating Activities
Net Income	96,053,000	117,821,000	27,783,000	269,170,000	399,264,000
Depreciation & Amortization	48,262,000	80,704,000	80,704,000	112,800,000	98,827,000
Stock Based Compensation	0	16,688,000	16,688,000	19,178,000	16,100,000
Change in Working Capital	748,000	-9,332,000	-9,332,000	159,628,000	-337,556,000
Operating Cash Flow	209,744,000	289,976,000	291,061,000	625,364,000	70,112,000
Investing Activities
Capital Expenditure	-50,580,000	-83,527,000	-83,527,000	-86,366,000	-94,600,000
Investments	-50,580,000	-83,527,000	-83,527,000	-86,366,000	-94,600,000
Investing Cash Flow	-135,101,000	-140,808,000	-141,893,000	-71,776,000	-438,188,000
Financing Activities
Debt Repayment	0	-221,703,000	-221,703,000	-51,868,000	-565,000
Common Stock Issued/Repurchased	-34,890,000	-11,399,000	-22,798,000	-3,560,000	-192,808,000
Dividends Paid	-33,903,000	-56,819,000	-56,819,000	-59,244,000	-57,223,000
Financing Cash Flow	-68,793,000	-359,889,000	-359,889,000	-133,127,000	-237,750,000
Summary
Free Cash Flow	159,164,000	206,449,000	207,534,000	538,998,000	-24,488,000
Net Change in Cash	5,850,000	-210,721,000	-178,043,000	420,461,000	-605,826,000