WORTHINGTON ENTERPRISES, INC. WOR

Basic materials SIC 3310 - Steel Works, Blast Furnaces & Rolling & Finishing Mills NAICS Manufacturing › Primary Metal Manufacturing › Steel Product Manufacturing from Purchased Steel derived NYSE

Founded in 1955, we are one of the leading designers and manufacturers of products sold to consumers, primarily through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of highly specialized building products that primarily serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, respectively, through our unconsolidated joint ventures, WAVE and ClarkDietrich, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. Our business strategy is rooted in our people first culture that values our relationships across the spectrum and revolves around products and services that improve everyday life by elevating spaces and experiences. Originally founded as a value-added steel processor, we expanded our offerings to include manufactured metal products organized around attractive end markets under two separate and distinct reportable operating segments: Building Products and Consumer Products.

Last close 63.65 2026-10-23
Market cap $3.11B 2026-05-31 share count
52-week range 45.01 - 67.53

Valuation FY2025 figures against the last close

P/S2.3x
P/E20.3x
P/FCF18.3x
EV/EBITDA29.5x
Dividend yield1.2%
Diluted EPS3.14

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • International
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 1.2B (88.1%) 88% United States International, FY2025: 164.4M (11.9%) 12% International FY2024 United States, FY2024: 891.4M (77.3%) 77% International, FY2024: 262.3M (22.7%) 23% FY2023 United States, FY2023: 923.6M (74.1%) 74% International, FY2023: 322.1M (25.9%) 26%
Region FY2025FY2024FY2023
United States $1.22B $891.4M $923.6M
International $164.4M $262.3M $322.1M

As the company reported it, from the “Segment Data - Net Sales by Geographic Region (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.38B$1.15B$1.25B$1.42B$1.31B$3.17B$3.06B$3.76B$3.58B$3.01B
Cost of revenue $1.00B$834.7M$960.7M$1.09B$981.6M$2.53B$2.62B$3.28B$3.02B$2.48B
Gross profit $378.3M$319.0M$285.0M$323.6M$327.6M$639.1M$443.3M$480.0M$562.9M$535.9M
SG&A $295.0M$268.4M$283.5M$287.1M$281.4M$351.1M$328.1M$338.4M$367.5M$316.4M
Operating income $76.2M-$10.7M-$73.5M$29.8M$48.8M$167.5M$22.5M$144.8M$141.6M$213.1M
Interest expense $6.2M$2.1M$1.6M$18.3M$23.9M$30.3M$31.6M$38.1M$38.7M$29.8M
Pre-tax income $201.3M$128.8M$74.0M$160.3M$210.6M$917.7M$110.8M$206.5M$209.1M$297.1M
Income tax $46.3M$33.8M$39.0M$34.5M$52.7M$176.3M$26.3M$43.2M$8.2M$79.2M
Net income $155.0M$95.0M$118.0M$269.0M$399.0M$723.8M$78.8M$153.5M$194.8M$204.5M
EPS, basic 3.181.942.255.287.6013.731.432.683.203.28
EPS, diluted 3.141.922.205.197.4413.421.412.613.093.15
Shares, diluted (wtd. avg.) 49.7M50.1M50.3M49.4M51.0M53.9M56.0M58.8M63.0M64.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $27.7M$250.1M$244.2M$454.9M$34.5M$640.3M$147.2M$92.4M$122.0M$278.1M
Receivables $228.2M$215.8M$199.8M$224.9M$857.5M$640.0M$341.0M$501.9M$572.7M$486.7M
Inventory $207.3M$169.4M$164.6M$194.5M$759.1M$564.8M$405.1M$484.3M$454.0M$353.9M
Total current assets $524.5M$685.4M$673.9M$1.87B$1.79B$1.97B$983.2M$1.17B$1.24B$1.19B
Property, plant and equipment $310.9M$270.2M$227.2M$256.4M$696.3M$515.0M$572.6M$578.7M$585.0M$570.5M
Goodwill $500.8M$376.5M$331.6M$336.2M$321.4M$351.1M$321.4M$334.6M$345.2M$247.7M
Other intangibles $322.8M$190.4M$221.1M$230.9M$299.0M$240.4M$184.4M$196.1M$214.0M$82.8M
Total assets $1.85B$1.70B$1.64B$3.65B$3.64B$3.37B$2.33B$2.51B$2.62B$2.33B
Accounts payable $115.2M$103.2M$91.6M$126.7M$668.4M$567.4M$247.0M$393.5M$473.5M$368.1M
Short-term debt ———$264.0K$265.0K$458.0K$149.0K$150.9M$1.5M$6.7M
Total current liabilities $221.4M$196.8M$178.4M$717.6M$932.3M$787.9M$388.2M$698.0M$646.9M$520.8M
Long-term debt $305.9M$302.9M$298.1M$689.7M$696.3M$710.0M$699.5M$598.4M$748.9M$571.8M
Total liabilities $821.0M$756.9M$747.6M$1.83B$2.03B$1.82B$1.37B$1.56B$1.59B$1.25B
Retained earnings $704.1M$624.5M$589.4M$1.43B$1.23B$1.07B$572.3M$591.5M$637.8M$676.0M
Total equity $1.03B$937.2M$891.0M$1.82B$1.61B$1.55B$966.4M$948.4M$1.04B$1.07B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $226.1M$209.7M$290.0M$625.4M$70.1M$274.4M$336.7M$197.9M$281.3M$335.7M
Depreciation and amortisation $38.9M$34.5M$36.8M$34.0M$32.4M$74.8M$79.4M$80.3M$83.7M$73.3M
Capital expenditure $55.9M$50.6M$83.5M$86.4M$94.6M$82.2M$95.5M$84.5M$76.1M$68.4M
Investing cash flow -$360.1M-$135.1M-$140.8M-$71.8M-$438.2M$468.5M-$116.2M$11.5M-$337.4M-$63.0M
Financing cash flow -$88.4M-$68.8M-$359.9M-$133.1M-$237.8M-$249.8M-$165.7M-$238.9M-$100.1M-$78.8M
Dividends paid $36.9M$33.9M$56.8M$59.2M$57.2M$53.0M$53.3M$52.3M$51.4M$50.7M
Buybacks $43.7M$30.9M——$180.2M$192.1M$51.0M$168.1M$204.3M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-348765.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B 4B Revenue, FY2016: 3B Gross profit, FY2016: 535.9M Net income, FY2016: 204.5M Revenue, FY2017: 3.6B Gross profit, FY2017: 562.9M Net income, FY2017: 194.8M Revenue, FY2018: 3.8B Gross profit, FY2018: 480M Net income, FY2018: 153.5M Revenue, FY2019: 3.1B Gross profit, FY2019: 443.3M Net income, FY2019: 78.8M Revenue, FY2020: 3.2B Gross profit, FY2020: 639.1M Net income, FY2020: 723.8M Revenue, FY2021: 1.3B Gross profit, FY2021: 327.6M Net income, FY2021: 399M Revenue, FY2022: 1.4B Gross profit, FY2022: 323.6M Net income, FY2022: 269M Revenue, FY2023: 1.2B Gross profit, FY2023: 285M Net income, FY2023: 118M Revenue, FY2024: 1.2B Gross profit, FY2024: 319M Net income, FY2024: 95M Revenue, FY2025: 1.4B Gross profit, FY2025: 378.3M Net income, FY2025: 155M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.01B $3.58B $3.76B $3.06B $3.17B $1.31B $1.42B $1.25B $1.15B $1.38B
Gross profit $535.9M $562.9M $480.0M $443.3M $639.1M $327.6M $323.6M $285.0M $319.0M $378.3M
Net income $204.5M $194.8M $153.5M $78.8M $723.8M $399.0M $269.0M $118.0M $95.0M $155.0M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3310

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FRD FRIEDMAN INDUSTRIES INC $301.7M — —
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GGB GERDAU S.A. — — —