Worthington Steel Past Earnings Performance
Past criteria checks 3/6
Worthington Steel's earnings have been declining at an average annual rate of -11.9%, while the Metals and Mining industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 9.7% per year. Worthington Steel's return on equity is 17.2%, and it has net margins of 5%.
Key information
-11.9%
Earnings growth rate
n/a
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 9.7% |
| Return on equity | 17.2% |
| Net Margin | 5.0% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
Worthington Steel (NYSE:WS) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 29
Recent updates
Worthington Steel, Inc. (NYSE:WS) Looks Inexpensive But Perhaps Not Attractive Enough
May 11Worthington Steel (NYSE:WS) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 29Worthington Steel: A Strong Start Post Separation
Mar 26A Look At The Fair Value Of Worthington Steel, Inc. (NYSE:WS)
Mar 23These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Feb 28Revenue & Expenses Breakdown
How Worthington Steel makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Feb 24 | 3,404 | 169 | 214 | 0 |
| 30 Nov 23 | 3,378 | 125 | 211 | 0 |
| 31 Aug 23 | 3,439 | 115 | 207 | 0 |
| 31 May 23 | 3,608 | 87 | 201 | 0 |
| 31 May 22 | 4,069 | 180 | 180 | 0 |
| 31 May 21 | 2,127 | 171 | 147 | 0 |
Quality Earnings: WS has high quality earnings.
Growing Profit Margin: WS's current net profit margins (5%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare WS's past year earnings growth to its 5-year average.
Earnings vs Industry: WS earnings growth over the past year (52.6%) exceeded the Metals and Mining industry -30.1%.
Return on Equity
High ROE: WS's Return on Equity (17.2%) is considered low.