NYSE : WOR
Worthington Enterprises, Inc. — Financial statements
Industrials · Metal Fabrication · United States
Last price 64.03 USD (Oct 30, 2026, 9:35 AM EDT) · Market cap 3.15B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Worthington Enterprises, Inc. (WOR) reported revenue of 1.42B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.42B | 1.38B | 1.15B | 1.25B | 1.42B | 1.31B |
| Cost of Revenue | 1.03B | 997.87M | 833.25M | 960.63M | 1.09B | 981.58M |
| Gross Profit | 389.89M | 383.43M | 320.51M | 285.07M | 323.59M | 327.61M |
| Selling, General & Admin | 301.56M | 294.97M | 268.41M | 283.47M | 287.12M | 281.43M |
| Operating Expenses | 301.56M | 294.97M | 268.41M | 283.47M | 287.12M | 281.43M |
| Operating Income | 88.33M | 88.46M | 52.10M | 1.60M | 36.47M | 46.18M |
| Interest Expense | -8.28M | -6.25M | -2.09M | -1.59M | -18.30M | -23.85M |
| Earnings From Equity Investments | 138.57M | 134.63M | 144.84M | 167.72M | 153.26M | 183.85M |
| Currency Exchange Gain (Loss) | 6.05M | 7.12M | -6.11M | |||
| Other Non Operating Income (Expenses) | -5.14M | -6.44M | 7.89M | 1.96M | 277.00K | 1.85M |
| EBT Excluding Unusual Items | 219.53M | 217.52M | 196.62M | 169.69M | 171.71M | 208.03M |
| Merger & Restructuring Charges | -8.11M | -12.02M | -4.80M | -11.58M | -6.17M | 2.62M |
| Impairment of Goodwill | -14.21M | |||||
| Gain (Loss) on Sale of Investments | -3.92M | -3.92M | ||||
| Gain (Loss) on Sale of Assets | -30.50M | |||||
| Asset Writedown | -50.81M | -18.77M | -484.00K | |||
| Other Unusual Items | 3.77M | -233.00K | -12.20M | -20.62M | -4.77M | |
| Pretax Income | 211.27M | 201.35M | 128.81M | 74.01M | 160.29M | 210.65M |
| Income Tax Expense | 48.48M | 46.31M | 33.84M | 39.03M | 34.53M | 52.70M |
| Earnings From Continuing Operations | 162.79M | 155.03M | 94.97M | 34.98M | 125.75M | 157.95M |
| Earnings From Discontinued Operations | 82.84M | 143.42M | 241.32M | |||
| Net Income to Company | 162.79M | 155.03M | 94.97M | 117.82M | 269.17M | 399.26M |
| Minority Interest in Earnings | 723.00K | 1.05M | 1.08M | -7.20M | -12.64M | -19.88M |
| Net Income | 163.51M | 156.09M | 96.05M | 110.62M | 256.53M | 379.39M |
| Net Income to Common | 163.51M | 156.09M | 96.05M | 110.62M | 256.53M | 379.39M |
| Shares Outstanding (Basic) | 48.90M | 49.07M | 49.40M | 49.20M | 48.57M | 49.94M |
| Shares Outstanding (Diluted) | 49.50M | 49.72M | 50.13M | 50.35M | 49.39M | 50.99M |
| EPS (Basic) | 3.34 | 3.18 | 1.94 | 2.25 | 5.28 | 7.60 |
| EPS (Diluted) | 3.31 | 3.14 | 1.92 | 2.20 | 5.19 | 7.44 |
| Free Cash Flow | 196.32M | 170.21M | 159.16M | 206.45M | 539.00M | -24.49M |
| Free Cash Flow Per Share | 3.97 | 3.42 | 3.17 | 4.10 | 10.91 | -0.48 |
| Dividend Per Share | 0.77 | 0.76 | 0.68 | 0.96 | 1.24 | 1.12 |
| Gross Margin | 27.43% | 27.76% | 27.78% | 22.88% | 22.81% | 25.02% |
| Operating Margin | 6.21% | 6.40% | 4.52% | 0.13% | 2.57% | 3.53% |
| Profit Margin | 11.50% | 11.30% | 8.33% | 8.88% | 18.09% | 28.98% |
| Free Cash Flow Margin | 13.81% | 12.32% | 13.79% | 16.57% | 38.00% | -1.87% |
| EBITDA | 148.14M | 145.73M | 100.36M | 82.30M | 149.27M | 145.00M |
| EBITDA Margin | 10.42% | 10.55% | 8.70% | 6.61% | 10.52% | 11.08% |
| D&A For EBITDA | 59.81M | 57.27M | 48.26M | 80.70M | 112.80M | 98.83M |
| EBIT | 88.33M | 88.46M | 52.10M | 1.60M | 36.47M | 46.18M |
| EBIT Margin | 6.21% | 6.40% | 4.52% | 0.13% | 2.57% | 3.53% |
| Effective Tax Rate | 22.95% | 23.00% | 26.27% | 52.73% | 21.55% | 25.02% |
| Advertising Expenses | 30.44M | 28.23M | 29.62M | 28.36M | 21.01M |
Balance sheet
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 55.07M | 27.73M | 250.07M | 244.22M | 422.27M | 34.48M |
| Cash & Short-Term Investments | 55.07M | 27.73M | 250.07M | 244.22M | 422.27M | 34.48M |
| Accounts Receivable | 185.01M | 226.90M | 214.78M | 198.88M | 224.55M | 844.90M |
| Other Receivables | 10.34M | 20.02M | 12.72M | 17.32M | 1.68M | 20.56M |
| Receivables | 195.36M | 246.92M | 227.50M | 216.20M | 226.23M | 865.45M |
| Inventory | 222.59M | 207.30M | 169.39M | 164.62M | 194.50M | 759.14M |
| Prepaid Expenses | 49.05M | 41.27M | 37.36M | 47.94M | 46.30M | 93.66M |
| Other Current Assets | 644.00K | 1.26M | 1.04M | 920.00K | 979.04M | 32.91M |
| Total Current Assets | 522.71M | 524.47M | 685.37M | 673.89M | 1.87B | 1.79B |
| Property, Plant & Equipment | 354.11M | 353.78M | 292.93M | 245.87M | 281.10M | 795.11M |
| Long-Term Investments | 123.70M | 122.11M | 129.26M | 144.86M | 138.04M | 327.38M |
| Goodwill | 499.12M | 500.78M | 376.48M | 331.60M | 336.18M | 401.47M |
| Other Intangible Assets | 317.17M | 322.76M | 190.40M | 221.07M | 230.85M | 299.02M |
| Other Long-Term Assets | 23.95M | 24.16M | 20.72M | 21.34M | 796.41M | 34.39M |
| Total Assets | 1.84B | 1.85B | 1.70B | 1.64B | 3.65B | 3.64B |
| Accounts Payable | 105.53M | 115.20M | 103.20M | 91.61M | 126.74M | 668.44M |
| Accrued Expenses | 71.21M | 86.28M | 78.11M | 71.03M | 84.58M | 187.66M |
| Short-Term Debt | 48.00M | |||||
| Current Portion of Long-Term Debt | 264.00K | 265.00K | ||||
| Current Portion of Leases | 7.97M | 9.26M | 6.25M | 6.23M | 6.68M | 11.62M |
| Current Income Taxes Payable | 1.15M | 867.00K | 109.00K | 470.00K | 8.92M | 300.00K |
| Other Current Liabilities | 10.19M | 9.81M | 9.17M | 9.04M | 490.37M | 15.99M |
| Total Current Liabilities | 196.05M | 221.43M | 196.84M | 178.38M | 717.56M | 932.26M |
| Long-Term Debt | 305.55M | 305.90M | 302.87M | 298.13M | 689.72M | 696.35M |
| Long-Term Leases | 34.03M | 41.11M | 20.55M | 12.82M | 18.33M | 88.18M |
| Pension & Post-Retirement Benefits | 1.49M | 34.25M | ||||
| Long-Term Deferred Tax Liabilities | 98.80M | 95.81M | 82.90M | 84.15M | 82.35M | 115.13M |
| Other Long-Term Liabilities | 159.13M | 156.78M | 153.75M | 174.15M | 319.85M | 162.89M |
| Total Liabilities | 793.56M | 821.02M | 756.91M | 747.62M | 1.83B | 2.03B |
| Additional Paid-In Capital | 316.79M | 312.00M | 308.61M | 299.03M | 290.80M | 273.44M |
| Retained Earnings | 720.83M | 704.14M | 624.53M | 589.39M | 1.43B | 1.23B |
| Comprehensive Income & Other | 9.57M | 10.91M | 4.05M | 454.00K | -23.18M | -22.85M |
| Total Common Equity | 1.05B | 1.03B | 937.19M | 888.88M | 1.70B | 1.48B |
| Minority Interest | 1.05M | 2.13M | 125.62M | 133.21M | ||
| Shareholders' Equity | 1.05B | 1.03B | 938.24M | 891.01M | 1.82B | 1.61B |
| Total Liabilities & Equity | 1.84B | 1.85B | 1.70B | 1.64B | 3.65B | 3.64B |
| Total Debt | 347.55M | 356.27M | 329.67M | 317.18M | 714.99M | 844.41M |
| Net Cash (Debt) | -288.43M | -324.49M | -79.60M | -72.95M | -292.72M | -809.92M |
| Net Cash Per Share | -5.83 | -6.53 | -1.59 | -1.45 | -5.93 | -15.88 |
| Filing Date Shares Outstanding | 49.26M | 48.93M | 49.82M | 50.05M | 49.94M | 49.52M |
| Total Common Shares Outstanding | 49.26M | 48.68M | 49.24M | 49.51M | 48.66M | 48.38M |
| Working Capital | 326.66M | 303.05M | 488.53M | 495.52M | 1.15B | 853.39M |
| Book Value Per Share | 21.26 | 21.10 | 19.03 | 17.95 | 34.85 | 30.61 |
| Tangible Book Value | 230.90M | 203.50M | 370.31M | 336.21M | 1.13B | 780.27M |
| Tangible Book Value Per Share | 4.69 | 4.18 | 7.52 | 6.79 | 23.20 | 16.13 |
| Land | 8.73M | 8.73M | 8.70M | 8.66M | 12.12M | 51.48M |
| Buildings | 136.37M | 136.44M | 132.74M | 123.48M | 139.51M | 303.27M |
| Machinery | 406.86M | 411.03M | 372.80M | 321.84M | 403.88M | 1.20B |
| Construction In Progress | 75.28M | 66.51M | 33.33M | 24.50M | 24.78M | 59.36M |
Cash flow statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 163.51M | 156.09M | 96.05M | 110.62M | 256.53M | 379.39M |
| Depreciation & Amortization | 59.81M | 57.27M | 48.26M | 80.70M | 112.80M | 98.83M |
| Loss (Gain) From Sale of Assets | -682.00K | 3.29M | 277.00K | 28.98M | -4.46M | -16.15M |
| Asset Writedown & Restructuring Costs | 50.81M | 34.38M | 2.60M | 3.08M | ||
| Loss (Gain) From Sale of Investments | 955.00K | 975.00K | ||||
| Loss (Gain) on Equity Investments | 799.00K | 5.36M | 8.77M | 5.72M | 79.87M | -113.58M |
| Stock-Based Compensation | 14.30M | 13.73M | 16.19M | 16.69M | 19.18M | 16.10M |
| Provision & Write-off of Bad Debts | 245.00K | 358.00K | 3.16M | -450.00K | 2.11M | 959.00K |
| Other Operating Activities | 7.79M | 7.39M | -14.52M | 22.66M | -2.89M | 39.05M |
| Change in Accounts Receivable | 35.50M | 7.71M | -22.26M | 50.08M | 143.09M | -151.33M |
| Change in Inventory | -11.03M | -11.56M | 11.50M | 63.60M | 160.12M | -118.49M |
| Change in Accounts Payable | 6.89M | 3.82M | 619.00K | -65.40M | -150.40M | 12.23M |
| Change in Other Net Operating Assets | -26.30M | -18.31M | 10.89M | -57.60M | 6.82M | -79.97M |
| Operating Cash Flow | 251.79M | 226.12M | 209.74M | 289.98M | 625.36M | 70.11M |
| Capital Expenditures | -55.47M | -55.91M | -50.58M | -83.53M | -86.37M | -94.60M |
| Sale of Property, Plant & Equipment | 1.27M | 245.00K | 13.46M | 865.00K | 35.65M | 39.94M |
| Cash Acquisitions | -214.31M | -304.15M | -95.02M | -42.03M | -56.09M | -383.52M |
| Investment in Securities | -251.00K | -251.00K | -2.96M | -1.21M | 35.02M | |
| Other Investing Activities | -14.90M | |||||
| Investing Cash Flow | -268.75M | -360.07M | -135.10M | -140.81M | -71.78M | -438.19M |
| Short-Term Debt Issued | 172.19M | 41.73M | ||||
| Total Debt Issued | 172.19M | 41.73M | ||||
| Short-Term Debt Repaid | -45.18M | |||||
| Long-Term Debt Repaid | -1.85M | -393.89M | -6.68M | -565.00K | ||
| Total Debt Repaid | -1.98M | -1.85M | -393.89M | -51.87M | -565.00K | |
| Net Debt Issued (Repaid) | -1.98M | -1.85M | -221.70M | -51.87M | 41.16M | |
| Issuance of Common Stock | 2.66M | |||||
| Repurchase of Common Stock | -58.06M | -49.66M | -34.89M | -11.40M | -1.78M | -186.53M |
| Common Dividends Paid | -37.72M | -36.89M | -33.90M | -56.82M | -59.24M | -57.22M |
| Other Financing Activities | -69.97M | -20.23M | -35.16M | |||
| Financing Cash Flow | -95.09M | -88.40M | -68.79M | -359.89M | -133.13M | -237.75M |
| Net Cash Flow | -112.06M | -222.35M | 5.85M | -210.72M | 420.46M | -605.83M |
| Free Cash Flow | 196.32M | 170.21M | 159.16M | 206.45M | 539.00M | -24.49M |
| Free Cash Flow Margin | 13.81% | 12.32% | 13.79% | 16.57% | 38.00% | -1.87% |
| Free Cash Flow Per Share | 3.97 | 3.42 | 3.17 | 4.10 | 10.91 | -0.48 |
| Levered Free Cash Flow | 65.80M | 26.59M | 57.94M | 488.28M | 195.69M | -297.95M |
| Unlevered Free Cash Flow | 70.97M | 30.50M | 59.25M | 489.27M | 207.12M | -283.04M |
| Cash Interest Paid | 12.46M | 12.46M | 11.96M | 17.64M | 29.27M | 29.70M |
| Cash Income Tax Paid | 48.61M | 48.61M | 39.58M | 81.45M | 65.91M | 118.80M |
| Change in Working Capital | 5.06M | -18.34M | 748.00K | -9.33M | 159.63M | -337.56M |
Ratios
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.21B | 2.80B | 2.94B | 2.86B | 2.79B | 2.34B |
| Enterprise Value | 3.49B | 3.14B | 3.04B | 2.95B | 3.45B | 3.36B |
| Last Close Price | 62.75 | 56.38 | 57.75 | 55.05 | 32.83 | 26.63 |
| PE Ratio | 19.66 | 17.91 | 30.61 | 25.85 | 10.89 | 6.16 |
| Forward PE | 16.90 | 15.15 | 18.28 | 16.85 | 9.40 | 9.83 |
| PS Ratio | 2.26 | 2.02 | 2.55 | 2.30 | 1.97 | 1.79 |
| PB Ratio | 2.95 | 2.72 | 3.13 | 3.21 | 1.53 | 1.45 |
| P/TBV Ratio | 13.89 | 13.74 | 7.94 | 8.51 | 2.48 | 3.00 |
| P/FCF Ratio | 16.33 | 16.43 | 18.48 | 13.85 | 5.18 | |
| P/OCF Ratio | 12.74 | 12.37 | 14.02 | 9.86 | 4.47 | 33.35 |
| PEG Ratio | 1.63 | 1.51 | 1.83 | 1.69 | 2.94 | 2.94 |
| EV/Sales Ratio | 2.46 | 2.28 | 2.63 | 2.37 | 2.44 | 2.56 |
| EV/EBITDA Ratio | 23.59 | 21.58 | 30.24 | 35.90 | 23.14 | 23.16 |
| EV/EBIT Ratio | 39.57 | 35.55 | 58.26 | 1,848.88 | 94.71 | 72.72 |
| EV/FCF Ratio | 17.80 | 18.47 | 19.07 | 14.31 | 6.41 | |
| Debt / Equity Ratio | 0.33 | 0.35 | 0.35 | 0.36 | 0.39 | 0.52 |
| Debt / EBITDA Ratio | 2.11 | 2.21 | 2.98 | 3.38 | 4.47 | 5.14 |
| Debt / FCF Ratio | 1.77 | 2.09 | 2.07 | 1.54 | 1.33 | |
| Net Debt / Equity Ratio | 0.28 | 0.32 | 0.09 | 0.08 | 0.16 | 0.50 |
| Net Debt / EBITDA Ratio | 1.95 | 2.23 | 0.79 | 0.89 | 1.96 | 5.58 |
| Net Debt / FCF Ratio | 1.47 | 1.91 | 0.50 | 0.35 | 0.54 | -33.07 |
| Asset Turnover | 0.79 | 0.78 | 0.69 | 0.47 | 0.39 | 0.37 |
| Inventory Turnover | 4.86 | 5.30 | 4.99 | 5.35 | 2.30 | 1.48 |
| Quick Ratio | 1.28 | 1.24 | 2.43 | 2.58 | 0.90 | 0.96 |
| Current Ratio | 2.67 | 2.37 | 3.48 | 3.78 | 2.60 | 1.92 |
| Return on Equity (ROE) | 16.22% | 15.78% | 10.38% | 2.58% | 7.32% | 9.98% |
| Return on Assets (ROA) | 3.08% | 3.12% | 1.95% | 0.04% | 0.62% | 0.82% |
| Return on Invested Capital (ROIC) | 5.05% | 5.74% | 3.88% | 0.05% | 1.26% | 1.70% |
| Return on Capital Employed (ROCE) | 5.40% | 5.40% | 3.50% | 0.10% | 1.20% | 1.70% |
| Earnings Yield | 5.09% | 5.58% | 3.27% | 3.87% | 9.18% | 16.23% |
| FCF Yield | 6.12% | 6.09% | 5.41% | 7.22% | 19.29% | -1.05% |
| Dividend Yield | 1.23% | 1.32% | 1.14% | 1.66% | 2.16% | 2.32% |
| Payout Ratio | 24.17% | 23.64% | 35.30% | 51.36% | 23.09% | 15.08% |
| Buyback Yield / Dilution | 1.09% | 0.83% | 0.43% | -1.95% | 3.15% | 5.42% |
| Total Shareholder Return | 2.33% | 2.15% | 1.57% | -0.29% | 5.31% | 7.74% |