Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, and Portugal. More Details
Excellent balance sheet with solid track record and pays a dividend.
Share Price & News
How has Worthington Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: WOR's weekly volatility (6%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: WOR exceeded the US Metals and Mining industry which returned 70.9% over the past year.
Return vs Market: WOR exceeded the US Market which returned 36.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Worthington Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StAre Robust Financials Driving The Recent Rally In Worthington Industries, Inc.'s (NYSE:WOR) Stock?
3 weeks ago | Simply Wall StShareholders Of Worthington Industries (NYSE:WOR) Must Be Happy With Their 110% Total Return
1 month ago | Simply Wall StIs Worthington Industries (NYSE:WOR) Using Too Much Debt?
Is Worthington Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WOR ($63.89) is trading above our estimate of fair value ($53.94)
Significantly Below Fair Value: WOR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WOR is good value based on its PE Ratio (6x) compared to the US Metals and Mining industry average (17.6x).
PE vs Market: WOR is good value based on its PE Ratio (6x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: WOR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WOR is overvalued based on its PB Ratio (2.6x) compared to the US Metals and Mining industry average (2.2x).
How is Worthington Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WOR's earnings are forecast to decline over the next 3 years (-48.6% per year).
Earnings vs Market: WOR's earnings are forecast to decline over the next 3 years (-48.6% per year).
High Growth Earnings: WOR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WOR's revenue is expected to decline over the next 3 years (-0.07% per year).
High Growth Revenue: WOR's revenue is forecast to decline over the next 3 years (-0.07% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WOR's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Worthington Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WOR has a large one-off gain of $529.4M impacting its November 30 2020 financial results.
Growing Profit Margin: WOR's current net profit margins (20.4%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: WOR's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: WOR's earnings growth over the past year (414%) exceeds its 5-year average (20.5% per year).
Earnings vs Industry: WOR earnings growth over the past year (414%) exceeded the Metals and Mining industry -2.3%.
Return on Equity
High ROE: WOR's Return on Equity (40.6%) is considered outstanding.
How is Worthington Industries's financial position?
Financial Position Analysis
Short Term Liabilities: WOR's short term assets ($1.7B) exceed its short term liabilities ($557.2M).
Long Term Liabilities: WOR's short term assets ($1.7B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: WOR's debt to equity ratio (49.5%) is considered high.
Reducing Debt: WOR's debt to equity ratio has reduced from 78.3% to 49.5% over the past 5 years.
Debt Coverage: WOR's debt is well covered by operating cash flow (55.5%).
Interest Coverage: WOR's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Worthington Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WOR's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: WOR's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: WOR's dividends per share have been stable in the past 10 years.
Growing Dividend: WOR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.2%), WOR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WOR's dividends in 3 years are forecast to be well covered by earnings (28.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Rose (50 yo)
Mr. B. Andrew Rose, also known as Andy, has been the President of Worthington Industries, Inc. since August 22, 2018 and as its Chief Executive Officer since September 1, 2020. He joined Worthington in 200...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD2.13M) is below average for companies of similar size in the US market ($USD4.98M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
|Executive Chairman||24.42yrs||US$3.22m||31.91% |
|President & CEO||0.42yr||US$2.13m||1.22% |
|VP & CFO||2.25yrs||US$3.61m||0.25% |
|Executive VP & COO||2.5yrs||US$1.86m||0.34% |
|Chief Information Officer||5.75yrs||no data||no data|
|VP of Administration||no data||no data||0.0092% |
|Investor Relations Officer & Treasurer||2.42yrs||no data||no data|
|Vice President of Corporate Communications & Brand Management||2.42yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||2.42yrs||no data||0.067% |
|Senior Legal Advisor||0.083yr||US$1.19m||0.058% |
|Corporate Controller||20.92yrs||US$284.05k||0.046% |
|President of Worthington Cylinder Corporation||1.75yrs||no data||0.17% |
Experienced Management: WOR's management team is considered experienced (2.4 years average tenure).
|Executive Chairman||24.42yrs||US$3.22m||31.91% |
|Lead Independent Director||14.08yrs||US$206.40k||0.38% |
|Independent Director||10.42yrs||US$223.27k||0.14% |
|Independent Director||22.08yrs||US$223.27k||0.38% |
|Independent Director||24.08yrs||US$233.27k||0.14% |
|Independent Director||23.08yrs||US$223.27k||0.14% |
|Independent Director||21.08yrs||US$223.27k||0.11% |
|Independent Director||9.92yrs||US$223.27k||0.083% |
|Independent Director||16.25yrs||US$233.27k||0.16% |
|Independent Director||9.67yrs||US$223.27k||0.074% |
Experienced Board: WOR's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WOR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Worthington Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Worthington Industries, Inc.
- Ticker: WOR
- Exchange: NYSE
- Founded: 1955
- Industry: Steel
- Sector: Materials
- Market Cap: US$3.335b
- Shares outstanding: 52.20m
- Website: https://www.worthingtonindustries.com
Number of Employees
- Worthington Industries, Inc.
- 200 Old Wilson Bridge Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WOR||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 1972|
|WTH||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1972|
Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, and Portugal. It...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/01 00:03|
|End of Day Share Price||2021/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.