Worthington Steel Inc (WS)

Basic Materials | Steel
Income Statement (Quarterly) 2025-08-31 2025-02-28 2024-11-30 2024-08-31
Revenue 872,900,000 687,400,000 739,000,000 834,000,000
Cost of Revenue 757,700,000 606,200,000 659,000,000 733,600,000
Gross Profit 115,200,000 81,200,000 80,000,000 100,400,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 67,900,000 54,600,000 61,100,000 57,000,000
Operating Expenses 67,900,000 62,900,000 61,100,000 57,000,000
Operating Income 48,300,000 18,300,000 18,900,000 43,400,000
Interest Expense 2,900,000 1,400,000 2,100,000 2,600,000
Income Before Tax 52,000,000 17,100,000 19,700,000 36,200,000
Income Tax Expense 13,400,000 5,000,000 3,600,000 4,000,000
Net Income 36,300,000 13,800,000 12,800,000 28,400,000
Per Share
EPS 0.73 0.28 0.26 0.57
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-05-31 2024-05-31
Revenue 3,093,300,000 3,430,600,000
Cost of Revenue 2,704,700,000 2,990,800,000
Gross Profit 388,600,000 439,800,000
Operating Expenses
R&D Expenses 0 0
SG&A Expenses 231,600,000 224,400,000
Operating Expenses 241,600,000 224,400,000
Operating Income 147,000,000 194,500,000
Interest Expense 7,100,000 6,000,000
Income Before Tax 148,100,000 216,200,000
Income Tax Expense 28,800,000 46,100,000
Net Income 110,700,000 154,700,000
Per Share
EPS 2.24 3.14
EPS Diluted 0.00 0.00
Balance Sheet (Quarterly) 2025-05-31 2024-05-31
Assets
Cash and Cash Equivalents 38,000,000 40,200,000
Short Term Investments 0 0
Net Receivables 438,800,000 476,800,000
Inventory 422,000,000 405,300,000
Total Current Assets 1,048,500,000 1,001,800,000
Property Plant Equipment 620,800,000 547,700,000
Goodwill and Intangibles 147,500,000 156,600,000
Total Assets 1,961,800,000 1,866,400,000
Liabilities
Account Payables 402,500,000 380,400,000
Short Term Debt 156,900,000 163,200,000
Total Current Liabilities 631,500,000 618,400,000
Long Term Debt 71,000,000 68,300,000
Total Liabilities 763,900,000 748,900,000
Shareholders Equity
Retained Earnings 164,200,000 86,100,000
Total Shareholders Equity 1,074,100,000 985,300,000
Balance Sheet (Annual) 2025-05-31 2024-05-31
Assets
Cash and Cash Equivalents 38,000,000 40,200,000
Short Term Investments 0 0
Net Receivables 438,800,000 476,800,000
Inventory 422,000,000 405,300,000
Total Current Assets 1,048,500,000 1,001,800,000
Property Plant Equipment 620,800,000 547,700,000
Goodwill and Intangibles 147,500,000 156,600,000
Total Assets 1,961,800,000 1,866,400,000
Liabilities
Account Payables 402,500,000 380,400,000
Short Term Debt 156,900,000 163,200,000
Total Current Liabilities 631,500,000 618,400,000
Long Term Debt 71,000,000 68,300,000
Total Liabilities 763,900,000 748,900,000
Shareholders Equity
Retained Earnings 164,200,000 86,100,000
Total Shareholders Equity 1,074,100,000 985,300,000
Cash Flow Statement (Quarterly) 2025-05-31 2024-05-31
Operating Activities
Net Income 119,300,000 154,700,000
Depreciation & Amortization 66,000,000 65,300,000
Stock Based Compensation 11,000,000 10,300,000
Change in Working Capital 20,200,000 -30,400,000
Operating Cash Flow 230,300,000 199,500,000
Investing Activities
Capital Expenditure -130,400,000 -103,400,000
Investments 0 -103,400,000
Investing Cash Flow -129,100,000 -123,200,000
Financing Activities
Debt Repayment 3,500,000 0
Common Stock Issued/Repurchased -3,100,000 300,000
Dividends Paid -31,900,000 -7,900,000
Financing Cash Flow -48,500,000 -68,800,000
Summary
Free Cash Flow 99,900,000 96,100,000
Net Change in Cash 52,700,000 7,500,000
Cash Flow Statement (Annual) 2025-05-31 2024-05-31
Operating Activities
Net Income 119,300,000 154,700,000
Depreciation & Amortization 66,000,000 65,300,000
Stock Based Compensation 11,000,000 10,300,000
Change in Working Capital 20,200,000 -30,400,000
Operating Cash Flow 230,300,000 199,500,000
Investing Activities
Capital Expenditure -130,400,000 -103,400,000
Investments 0 -103,400,000
Investing Cash Flow -129,100,000 -123,200,000
Financing Activities
Debt Repayment 3,500,000 0
Common Stock Issued/Repurchased -3,100,000 300,000
Dividends Paid -31,900,000 -7,900,000
Financing Cash Flow -48,500,000 -68,800,000
Summary
Free Cash Flow 99,900,000 96,100,000
Net Change in Cash 52,700,000 7,500,000