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Worthington Steel, Inc.NYSE:WS Stock Report

Market Cap US$1.8b
Share Price
n/a
1Y9.2%
7D-15.5%
1D-4.5%
Portfolio Value
View

Worthington Steel, Inc.

NYSE:WS Stock Report

Market Cap: US$1.8b

WS Community Fair Values

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Worthington Steel, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Worthington Steel
Historical stock prices
Current Share PriceUS$33.58
52 Week HighUS$49.17
52 Week LowUS$27.22
Beta2.2
1 Month Change-20.41%
3 Month Change8.04%
1 Year Change9.20%
3 Year Changen/a
5 Year Changen/a
Change since IPO34.32%

Recent News & Updates

Recent updates

Analysis Article Jun 21

Worthington Steel (WS) Stock Could Be 37% Below Fair Value After Strong Results

Worthington Steel (WS) is back in focus after reporting quarterly revenue of US$769.80 million and net profit growth of 24.64% year over year, figures that sharply contrast with mixed technical signals. See our latest analysis for Worthington Steel. At a latest share price of US$40.73, Worthington Steel’s 1-day share price return of 3.90% contrasts with a 7-day decline of 6.26%. Its 1-year total shareholder return of 69.30% and 90-day share price return of 24.82% point to momentum that has...
Seeking Alpha Jun 20

Worthington Steel Is A Solid Play As Q4 Earnings Near

Summary Worthington Steel is reaffirmed as a 'buy' following the completed $2.4B Kloeckner acquisition, which offers significant growth potential. WS's Q3 2026 showed 12% revenue growth driven by price increases, but profitability declined due to margin compression and lower toll volumes. The investment thesis hinges on realizing $150M in annual cost synergies by 2028; without these, higher interest expense makes the deal less attractive. WS remains attractively valued, with strategic capex aimed at growth in automotive and electrical steel, despite industry headwinds and near-term profit pressure. Read the full article on Seeking Alpha
Narrative Update Jun 18

WS: Klöckner Integration And Higher Leverage Will Shape Future Share Performance

Analysts have maintained their $38 price target for Worthington Steel, indicating that recent adjustments to discount rate, growth and P/E assumptions are minimal and do not represent a change in their overall view of the stock. What’s in the News for Worthington Steel Worthington Steel completed its voluntary public takeover offer for German metals group Kloeckner & Co SE, securing about 62% of outstanding shares and receiving final regulatory approval, according to recent news reports.
Narrative Update Jun 03

WS: Klöckner Financing And Higher Leverage Will Constrain Future Share Returns

Analysts have kept their $38.00 price target on Worthington Steel broadly in line with prior views, citing relatively unchanged assumptions around fair value, discount rate, long term revenue growth, profit margin and future P/E multiples. What's in the News Worthington Steel launched a private offering of US$900 million senior secured notes due 2033 to help finance its pending acquisition of Klöckner & Co SE.
Narrative Update May 13

WS: Fair Value Will Hold With Refined Risk And Earnings Assumptions

Analysts have maintained their $38.00 price target for Worthington Steel, with the slight tweaks to discount rate, revenue growth, profit margin assumptions and future P/E reflecting updated views on the company’s risk profile and earnings power rather than a change in overall valuation. Valuation Changes Fair Value: unchanged at $38.00 per share, with the updated figure now shown to two decimal places.
Narrative Update Apr 22

WS: Stable Fair Value With Slightly Lower Discount Rate And Higher P/E

Analysts have adjusted their price target for Worthington Steel to $38.00, reflecting updated assumptions around the discount rate and future P/E while keeping fair value estimates steady. Valuation Changes Fair Value: Kept steady at $38.0, indicating no change in the underlying fair value estimate.
Narrative Update Apr 06

WS: Higher Discount Rate And Lower P/E Assumptions Will Support Future Upside

Analysts have trimmed their price target for Worthington Steel from $47 to $38, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E that collectively point to a more cautious valuation framework. Valuation Changes Fair Value: reduced from $47 to $38, a cut of about 19% in the modeled valuation.
Narrative Update Mar 22

WS: Stable Assumptions And Firm P/E Outlook Will Support Future Upside

Analysts have maintained their $47.00 price target for Worthington Steel, citing largely unchanged assumptions for discount rate, revenue growth, profit margin, and future P/E ratio, which together support a consistent view of the stock's valuation. Valuation Changes Fair Value: remains at $47.00, reflecting an unchanged central valuation point.
Narrative Update Mar 07

WS: Local Impairment Will Be Contained While Higher P/E Expectations Will Support Upside

The analyst price target for Worthington Steel has been reaffirmed at $47.00. Analysts cite largely unchanged assumptions around fair value, revenue growth, profit margin, and future P/E, along with a modest adjustment to the discount rate, as the basis for maintaining their view.
Narrative Update Feb 20

WS: Localized Impairment Will Be Managed While Keeping Outlook And P/E Expectations Balanced

Analysts have kept their price target for Worthington Steel steady at $47.00. This reflects only very small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E, rather than any major shift in their overall view.
Narrative Update Feb 06

WS: Higher Future P/E Will Offset Localized Impairment While Keeping Outlook Balanced

Analysts have revised their price target on Worthington Steel to $47 from $41, citing updated fair value assumptions, a slightly lower discount rate, and a higher future P/E multiple in their models. What's in the News Worthington Steel, Inc.
Analysis Article Jan 30

Worthington Steel (NYSE:WS) Is Paying Out A Dividend Of $0.16

Worthington Steel, Inc. ( NYSE:WS ) will pay a dividend of $0.16 on the 27th of March. This means the annual payment...
Narrative Update Jan 23

WS: Higher Future P/E Will Balance Impairment Charge And Margin Headwinds

Analysts have raised their price target on Worthington Steel to reflect an updated fair value of $41.00, supported by slightly adjusted assumptions for the discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News Worthington Steel, Inc.
Analysis Article Jan 16

Worthington Steel (NYSE:WS) Has Affirmed Its Dividend Of $0.16

Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 27th of March. This...
Narrative Update Jan 07

WS: Higher Future P/E Will Offset Modest Margin Headwinds

Analysts have lifted their price target on Worthington Steel from $39 to $41, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers behind the change. What's in the News Worthington Steel, Inc.
Analysis Article Dec 28

Worthington Steel (NYSE:WS) Has Affirmed Its Dividend Of $0.16

The board of Worthington Steel, Inc. ( NYSE:WS ) has announced that it will pay a dividend of $0.16 per share on the...
Analysis Article Dec 26

Worthington Steel's (NYSE:WS) Soft Earnings Are Actually Better Than They Appear

The market for Worthington Steel, Inc.'s ( NYSE:WS ) shares didn't move much after it posted weak earnings recently. We...
Narrative Update Dec 16

WS: Faster Revenue And Higher Multiple Will Offset Rising Discount Rate

Analysts have raised their price target on Worthington Steel from 36 dollars to 39 dollars, citing expectations for faster revenue growth and a higher future earnings multiple despite slightly lower projected profit margins and a higher discount rate. Valuation Changes The consensus analyst price target has risen slightly from 36 dollars to 39 dollars, reflecting a modest upward revision in perceived fair value.
Analysis Article Dec 01

Worthington Steel's (NYSE:WS) Dividend Will Be $0.16

Worthington Steel, Inc. ( NYSE:WS ) will pay a dividend of $0.16 on the 26th of December. The dividend yield is 1.9...
Analysis Article Oct 18

Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16

Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 26th of December...
Narrative Update Sep 17

Electrical Steel And AI Demand Will Spur Market Expansion

The upward revision in Worthington Steel’s price target is primarily driven by an increase in its forward P/E multiple, raising the consensus fair value from $34.00 to $36.00. Valuation Changes Summary of Valuation Changes for Worthington Steel The Consensus Analyst Price Target has risen from $34.00 to $36.00.
Analysis Article Sep 09

Worthington Steel (NYSE:WS) May Have Issues Allocating Its Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article Aug 18

Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16

Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 26th of September...
Analysis Article Jul 12

Further Upside For Worthington Steel, Inc. (NYSE:WS) Shares Could Introduce Price Risks After 30% Bounce

Worthington Steel, Inc. ( NYSE:WS ) shares have continued their recent momentum with a 30% gain in the last month...
Analysis Article Jun 29

Worthington Steel, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Shareholders will be ecstatic, with their stake up 31% over the past week following Worthington Steel, Inc. 's...
Analysis Article Jun 11

Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16

The board of Worthington Steel, Inc. ( NYSE:WS ) has announced that it will pay a dividend of $0.16 per share on the...
Analysis Article May 13

Worthington Steel's (NYSE:WS) Returns On Capital Tell Us There Is Reason To Feel Uneasy

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Apr 08

Is Worthington Steel (NYSE:WS) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Seeking Alpha Mar 27

Worthington Steel: Tariff Woes Are A Concern, But The Firm Is A Buy Nonetheless

Summary Worthington Steel's stock has fallen 18% since December due to economic concerns and weak fundamentals, but long-term investors should consider it a buy due to its cheap valuation. The company's Q3 2025 revenue dropped 14.7% year-over-year, driven by a 10.6% decline in volume and lower pricing. Tariffs pose risks, especially to the automotive sector, but Worthington Steel's localized sales strategy helps mitigate some of these impacts. Despite short-term challenges, the stock remains attractive for long-term investors due to its low valuation and potential recovery in demand and pricing. Read the full article on Seeking Alpha
Analysis Article Mar 06

Worthington Steel (NYSE:WS) Will Pay A Dividend Of $0.16

Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 28th of March. Based...
Analysis Article Jan 19

Returns On Capital At Worthington Steel (NYSE:WS) Have Stalled

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
User avatar
New Narrative Dec 22

Acquisition Of Sitem Group Will Expand European Presence And Drive Growth In EV Market

The acquisition of Sitem Group is set to boost Worthington Steel's Europe presence and electrical steel lamination business, supporting growth in the EV market.
Seeking Alpha Dec 20

The Plunge In Worthington Steel Represents A Buying Opportunity

Summary Despite a recent 14.4% plunge, I maintain a 'buy' rating on Worthington Steel due to its attractive long-term outlook and strategic growth initiatives. The company reported disappointing Q2 2025 results, with revenue dropping 8.5% year-over-year and missing analysts' expectations by $40.5 million. Worthington Steel's strategic investments in lightweighting, electrical steel, and acquisitions like Sitem Group aim to boost margins and future growth. WS stock is attractively priced on an absolute basis, and long-term value investors should see potential upside despite recent market displeasure. Read the full article on Seeking Alpha
Analysis Article Nov 08

We Think Worthington Steel (NYSE:WS) Can Manage Its Debt With Ease

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

WSUS Metals and MiningUS Market
7D-15.5%-8.4%0.3%
1Y9.2%56.7%19.9%

Return vs Industry: WS underperformed the US Metals and Mining industry which returned 56.7% over the past year.

Return vs Market: WS underperformed the US Market which returned 19.9% over the past year.

Price Volatility

Is WS's price volatile compared to industry and market?
WS volatility
WS Average Weekly Movement7.6%
Metals and Mining Industry Average Movement9.6%
Market Average Movement7.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: WS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20234,800Geoff Gilmorewww.worthingtonsteel.com

Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It also offers warehousing, logistics, and materials management services.

Worthington Steel, Inc. Fundamentals Summary

How do Worthington Steel's earnings and revenue compare to its market cap?
WS fundamental statistics
Market capUS$1.76b
Earnings (TTM)US$17.30m
Revenue (TTM)US$3.44b
96.9x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WS income statement (TTM)
RevenueUS$3.44b
Cost of RevenueUS$3.04b
Gross ProfitUS$402.60m
Other ExpensesUS$385.30m
EarningsUS$17.30m

Last Reported Earnings

May 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin11.69%
Net Profit Margin0.50%
Debt/Equity Ratio20.1%

How did WS perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
184%
Payout Ratio

Does WS pay a reliable dividends?

See WS dividend history and benchmarks
When do you need to buy WS by to receive an upcoming dividend?
Worthington Steel dividend dates
Ex Dividend DateSep 15 2026
Dividend Pay DateSep 29 2026
Days until Ex dividend76 days
Days until Dividend pay date90 days

Does WS pay a reliable dividends?

See WS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/30 22:25
End of Day Share Price 2026/06/30 00:00
Earnings2026/05/31
Annual Earnings2026/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Worthington Steel, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel McKinneyKeyBanc Capital Markets Inc.
Martin EnglertSeaport Research Partners