Complete Filing Data
Worthington Steel, Inc. reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $1.15 billion for FY2023.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Worthington Steel, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net Income * | $110.7M | $154.7M | $87.1M | $180.4M |
| Other Comprehensive Income Loss Net Of Tax | $2.1M | -$4.0M | -$4.0M | -$36.5M |
| Selling General And Administrative Expense | $231.6M | $224.4M | $200.8M | $180.3M |
| Revenues | $3.09B | $3.43B | $3.61B | $4.07B |
| Other Nonoperating Income Expense | $3.8M | $5.3M | $3.7M | $900.0K |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $1.2M | -$1.3M | -$6.8M | -$3.3M |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent | $2.0M | -$5.1M | $3.5M | -$39.8M |
| Operating Income Loss | $147.0M | $194.5M | $120.3M | $226.6M |
| Net Income Loss Attributable To Noncontrolling Interest | $8.6M | $15.4M | $12.6M | $19.9M |
| Interest Expense | $7.1M | $6.0M | $3.0M | $3.0M |
| Income Tax Expense Benefit | $28.8M | $46.1M | $29.0M | $54.0M |
| Income Loss From Equity Method Investments | $4.4M | $22.4M | $7.7M | $29.8M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $148.1M | $216.2M | $128.7M | $254.3M |
| Gross Profit | $388.6M | $439.8M | $336.5M | $395.5M |
| Cost Of Revenue | $2.70B | $2.99B | $3.27B | $3.67B |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | $121.4M | $166.1M | $95.7M | $163.8M |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $8.6M | $15.4M | $12.6M | $19.9M |
| Comprehensive Income Net Of Tax | $112.8M | $150.7M | $83.1M | $143.9M |
| Asset Impairment Charges | $7.4M | $1.4M | $2.1M | $3.1M |
| Restructuring And Other Expense Income | $2.6M | $0.00 | -$4.2M | -$14.5M |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | -$8.4M | $20.4M | -$4.8M | $27.3M |
| Deferred Income Tax Expense Benefit | -$3.1M | $1.1M | -$9.7M | $13.6M |
| Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax | $1.1M | -$2.4M | $700.0K | -$6.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | $18.8M | $36.8M | $13.8M | $12.8M | $28.4M | $49.0M | -$6.0M | $58.5M | $5.4M | -$15.8M | $31.3M |
| Other Comprehensive Income Loss Net Of Tax | $1.9M | $600.0K | -$5.6M | -$5.9M | $2.2M | -$7.1M | $11.1M | -$8.2M | $24.7M | -$3.5M | -$13.3M |
| Selling General And Administrative Expense | $70.9M | $67.9M | $54.6M | $61.1M | $57.0M | $52.8M | $54.1M | $53.8M | $49.7M | $50.7M | |
| Revenues | $871.9M | $872.9M | $687.4M | $739.0M | $834.0M | $805.8M | $808.0M | $905.8M | $780.7M | $868.4M | |
| Other Nonoperating Income Expense | -$100.0K | $200.0K | $200.0K | $3.8M | -$5.9M | $100.0K | $600.0K | $900.0K | $1.3M | $900.0K | |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $1.1M | $1.1M | -$3.7M | -$4.8M | $2.1M | -$400.0K | $500.0K | -$700.0K | $100.0K | -$2.6M | |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent | $1.4M | $0.00 | -$1.9M | -$100.0K | $100.0K | -$6.7M | $10.6M | -$7.5M | $24.6M | -$900.0K | |
| Operating Income Loss | $21.7M | $48.3M | $18.3M | $18.9M | $43.4M | $66.3M | -$8.8M | $69.7M | $9.5M | -$19.9M | |
| Net Income Loss Attributable To Noncontrolling Interest | $2.7M | $1.8M | -$1.7M | $3.3M | $3.8M | $3.4M | $3.9M | $3.6M | $3.9M | $3.3M | |
| Interest Expense | $2.7M | $2.9M | $1.4M | $2.1M | $2.6M | $2.9M | $200.0K | $500.0K | $500.0K | $900.0K | |
| Income Tax Expense Benefit | $4.2M | $13.4M | $5.0M | $3.6M | $4.0M | $14.0M | -$2.5M | $17.0M | $800.0K | -$5.5M | |
| Income Loss From Equity Method Investments | $6.8M | $6.4M | $0.00 | -$900.0K | $1.3M | $2.9M | $3.8M | $9.0M | -$200.0K | $1.9M | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $25.7M | $52.0M | $17.1M | $19.7M | $36.2M | $66.4M | -$4.6M | $79.1M | $10.1M | -$18.0M | |
| Gross Profit | $93.2M | $115.2M | $81.2M | $80.0M | $100.4M | $120.1M | $60.2M | $128.5M | $63.2M | $34.5M | |
| Cost Of Revenue | $778.7M | $757.7M | $606.2M | $659.0M | $733.6M | $685.7M | $747.8M | $777.3M | $717.5M | $833.9M | |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | $23.4M | $39.7M | $6.5M | $10.2M | $34.4M | $45.3M | $9.0M | $53.9M | $34.0M | -$16.0M | |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $2.7M | $1.8M | -$1.7M | $3.3M | $3.8M | $3.4M | $3.9M | $3.6M | $3.9M | $3.3M | |
| Comprehensive Income Net Of Tax | $20.7M | $37.9M | $8.2M | $6.9M | $30.6M | $41.9M | $5.1M | $50.3M | $30.1M | -$19.3M | |
| Asset Impairment Charges | $600.0K | $7.4M | $0.00 | $0.00 | $0.00 | $0.00 | $1.4M | $0.00 | $0.00 | ||
| Restructuring And Other Expense Income | $0.00 | -$1.0M | $900.0K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | -$4.3M | ||
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | $6.4M | $1.3M | $2.9M | $3.8M | $9.0M | -$10.2M | $1.9M | ||||
| Deferred Income Tax Expense Benefit | -$1.4M | -$900.0K | -$900.0K | -$100.0K | -$100.0K | -$100.0K | -$100.0K | ||||
| Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax | $0.00 | $0.00 | $1.0M | $0.00 | $0.00 |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stockholders Equity * | $985.3M | $1.03B | $1.27B | $814.8M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $32.7M | $20.1M | $17.5M | ||
| Gain Loss On Disposition Of Assets1 | $700.0K | -$1.0M | $3.3M | $15.1M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $52.7M | $7.5M | $12.6M | $2.6M | |
| Cash And Cash Equivalents At Carrying Value | $32.7M | $20.1M | |||
| Goodwill | $79.6M | $78.6M | $80.0M | ||
| Property Plant And Equipment Net | $474.8M | $414.4M | $1.4M | ||
| Minority Interest Decrease From Distributions To Noncontrolling Interest Holders | $17.0M | $8.8M | $20.2M | $35.2M | |
| Repayments Of Long Term Debt | $0.00 | $0.00 | $15.0M | $15.0M | |
| Property Plant And Equipment Gross | $1.19B | $1.07B | |||
| Prepaid Expense And Other Assets Current | $76.6M | $57.7M | |||
| Other Liabilities Noncurrent | $34.3M | $33.6M | |||
| Other Assets Noncurrent | $16.8M | $10.9M | |||
| Other Accrued Liabilities Current | $15.7M | $15.6M | |||
| Operating Lease Right Of Use Asset | $72.9M | $75.3M | |||
| Operating Lease Liability Noncurrent | $68.3M | $71.7M | |||
| Operating Lease Liability Current | $7.6M | $5.9M | |||
| Minority Interest | $132.2M | $125.6M | |||
| Liabilities Current | $618.4M | $478.4M | |||
| Liabilities And Stockholders Equity | $1.87B | $1.76B | |||
| Liabilities | $748.9M | $609.8M | |||
| Inventory Work In Process Net Of Reserves | $176.8M | $164.1M | |||
| Inventory Raw Materials Net Of Reserves | $150.2M | $173.9M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $1.12B | $1.10B | $1.07B | $1.01B | $1.01B | $1.01B | $1.12B | $937.6M | $1.04B | $1.25B | $1.16B | $1.22B | $1.32B |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $89.8M | $78.3M | $92.9M | $63.3M | $52.0M | $36.0M | $40.2M | $60.8M | $214.4M | $27.4M | $32.7M | $31.1M | $26.8M |
| Gain Loss On Disposition Of Assets1 | $800.0K | -$100.0K | $0.00 | $400.0K | $0.00 | $0.00 | $3.8M | ||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$14.6M | -$4.2M | -$153.6M | $187.0M | -$5.3M | $1.6M | $4.3M | ||||||
| Cash And Cash Equivalents At Carrying Value | $89.8M | $78.3M | $38.0M | $63.3M | $52.0M | $36.0M | $40.2M | $60.8M | $214.4M | ||||
| Goodwill | $101.5M | $101.7M | $79.6M | $79.3M | $79.5M | $79.7M | $79.7M | $79.2M | |||||
| Property Plant And Equipment Net | $663.4M | $656.0M | $548.2M | $516.7M | $505.2M | $486.6M | $447.4M | $433.4M | |||||
| Minority Interest Decrease From Distributions To Noncontrolling Interest Holders | $1.8M | $3.1M | $1.9M | $1.9M | $1.9M | ||||||||
| Repayments Of Long Term Debt | $2.7M | $0.00 | $0.00 | $0.00 | $5.0M | $10.0M | |||||||
| Property Plant And Equipment Gross | $1.46B | $1.43B | $1.30B | $1.27B | $1.25B | $1.22B | $1.16B | $1.12B | |||||
| Prepaid Expense And Other Assets Current | $91.7M | $88.6M | $83.3M | $85.2M | $78.5M | $73.5M | $77.1M | $66.4M | |||||
| Other Liabilities Noncurrent | $51.7M | $48.8M | $32.8M | $35.8M | $35.3M | $34.8M | $38.2M | $34.6M | |||||
| Other Assets Noncurrent | $7.9M | $8.0M | $7.0M | $15.3M | $15.6M | $16.5M | $12.1M | $12.3M | |||||
| Other Accrued Liabilities Current | $28.6M | $24.2M | $15.3M | $17.8M | $15.5M | $13.3M | $15.3M | $14.7M | |||||
| Operating Lease Right Of Use Asset | $84.4M | $87.3M | $72.6M | $73.6M | $68.8M | $70.8M | $72.2M | $72.1M | |||||
| Operating Lease Liability Noncurrent | $78.5M | $80.9M | $68.7M | $69.6M | $64.6M | $66.4M | $68.4M | $69.0M | |||||
| Operating Lease Liability Current | $10.3M | $10.6M | $7.7M | $7.4M | $7.4M | $7.4M | $6.7M | $5.8M | |||||
| Minority Interest | $131.6M | $128.3M | $123.8M | $130.8M | $134.3M | $134.1M | $132.7M | $131.2M | |||||
| Liabilities Current | $584.9M | $693.6M | $631.5M | $521.0M | $467.7M | $557.9M | $645.4M | $595.3M | |||||
| Liabilities And Stockholders Equity | $2.15B | $2.24B | $1.96B | $1.80B | $1.74B | $1.83B | $1.85B | $1.90B | |||||
| Liabilities | $803.1M | $912.4M | $763.9M | $656.6M | $594.2M | $686.2M | $778.7M | $725.9M | |||||
| Inventory Work In Process Net Of Reserves | $131.1M | $169.5M | $165.6M | $140.6M | $127.5M | $150.2M | $175.8M | $137.3M | |||||
| Inventory Raw Materials Net Of Reserves | $177.5M | $215.1M | $179.4M | $132.7M | $135.9M | $157.5M | $157.1M | $160.1M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Payments To Acquire Property Plant And Equipment | $130.4M | $103.4M | $45.5M | $36.4M |
| Payments Of Dividends Minority Interest | $17.0M | $8.8M | $20.2M | $35.2M |
| Net Cash Provided By Used In Operating Activities | $230.3M | $199.5M | $315.0M | $39.5M |
| Net Cash Provided By Used In Investing Activities | -$129.1M | -$123.2M | -$22.2M | -$395.3M |
| Net Cash Provided By Used In Financing Activities | -$48.5M | -$68.8M | -$280.2M | $358.4M |
| Increase Decrease In Receivables | -$34.1M | $1.4M | -$113.0M | $109.7M |
| Increase Decrease In Other Operating Capital Net | $3.2M | $26.6M | -$2.4M | $16.4M |
| Increase Decrease In Inventories | $16.7M | -$16.4M | -$154.5M | $50.7M |
| Increase Decrease In Employee Related Liabilities | -$9.8M | $7.9M | -$5.8M | -$12.3M |
| Increase Decrease In Accounts Payable | $15.8M | -$26.7M | -$124.3M | -$14.9M |
| Allocated Share Based Compensation Expense | $11.0M | $10.3M | $10.4M | $8.7M |
| Proceeds From Sale Of Productive Assets Net | $1.3M | $1.2M | $23.3M | $24.6M |
| Payments To Acquire Businesses Net Of Cash Acquired | $0.00 | $21.0M | $0.00 | $376.7M |
| Proceeds From Revolving Credit Facility Borrowings | $508.7M | $266.1M | $0.00 | $0.00 |
| Proceeds From Repayments Of Short Term Debt | $15.0M | $127.2M | -$45.2M | $41.7M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|
| Payments To Acquire Property Plant And Equipment | $29.4M | $21.5M | $22.4M | $18.9M | $17.3M | $10.8M | $14.5M |
| Payments Of Dividends Minority Interest | $0.00 | $1.9M | $1.9M | $0.00 | $1.9M | $0.00 | $11.8M |
| Net Cash Provided By Used In Operating Activities | -$6.3M | $54.6M | $44.7M | $139.9M | -$20.7M | $118.2M | $103.3M |
| Net Cash Provided By Used In Investing Activities | -$29.6M | -$21.5M | -$22.4M | -$39.1M | -$17.3M | -$10.8M | $8.7M |
| Net Cash Provided By Used In Financing Activities | $21.0M | -$37.3M | -$175.9M | $86.2M | $32.7M | -$105.8M | -$107.7M |
| Increase Decrease In Receivables | $15.9M | -$28.5M | $52.1M | -$89.4M | $32.9M | -$9.6M | -$98.9M |
| Increase Decrease In Other Operating Capital Net | -$15.3M | -$3.1M | -$15.3M | $1.9M | $18.1M | -$19.3M | $2.4M |
| Increase Decrease In Inventories | $16.4M | -$13.2M | $34.9M | -$91.5M | $43.2M | -$34.3M | -$86.9M |
| Increase Decrease In Employee Related Liabilities | -$200.0K | -$13.2M | $4.4M | $800.0K | -$3.5M | -$1.0M | $1.3M |
| Increase Decrease In Accounts Payable | -$46.7M | -$25.5M | $45.5M | -$53.5M | $3.6M | $14.6M | -$84.4M |
| Allocated Share Based Compensation Expense | $7.4M | $2.4M | $2.2M | $3.3M | $2.8M | $2.7M | $2.5M |
| Proceeds From Sale Of Productive Assets Net | $1.4M | $0.00 | $0.00 | $800.0K | $0.00 | $23.2M | |
| Payments To Acquire Businesses Net Of Cash Acquired | $1.6M | $0.00 | $0.00 | $21.0M | $0.00 | $0.00 | |
| Proceeds From Revolving Credit Facility Borrowings | $437.4M | $146.6M | $142.6M | $0.00 | $0.00 | ||
| Proceeds From Repayments Of Short Term Debt | $15.0M | -$15.0M | -$45.0M | $175.0M | -$1.3M | -$10.6M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 49.5M | 49.3M | 49.3M | 49.3M |
| Weighted Average Number Of Diluted Shares Outstanding | 50.5M | 49.8M | 49.3M | 49.3M |
| Earnings Per Share Diluted | $2.19 | $3.11 | $1.77 | $3.66 |
| Earnings Per Share Basic | $2.24 | $3.14 | $1.77 | $3.66 |
| Common Stock Shares Outstanding | 49.3M | 100.00 | ||
| Common Stock Dividends Per Share Declared | $0.64 | $0.32 | ||
| Common Stock Shares Issued | 49.3M | 100.00 | ||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | ||
| Preferred Stock Shares Issued | 0.00 | 0.00 | ||
| Preferred Stock Shares Authorized | 1.0M | 1.0M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 49.8M | 49.6M | 49.5M | 49.5M | 49.4M | 49.3M | 49.3M | 49.3M | 49.3M | 49.3M | |
| Weighted Average Number Of Diluted Shares Outstanding | 50.7M | 50.6M | 50.5M | 50.6M | 50.4M | 50.3M | 49.3M | 49.3M | 49.3M | 49.3M | |
| Earnings Per Share Diluted | $0.37 | $0.72 | $0.27 | $0.25 | $0.56 | $0.98 | $-0.12 | $1.19 | $0.11 | $-0.32 | |
| Earnings Per Share Basic | $0.38 | $0.73 | $0.28 | $0.26 | $0.57 | $0.99 | $-0.12 | $1.19 | $0.11 | $-0.32 | |
| Common Stock Shares Outstanding | 49.9M | 49.6M | 49.5M | 49.5M | 49.5M | 49.4M | 49.3M | 49.3M | 49.3M | 49.3M | |
| Common Stock Dividends Per Share Declared | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | |||||
| Common Stock Shares Issued | 49.9M | 49.6M | 49.5M | 49.5M | 49.5M | 49.4M | 49.3M | 49.3M | |||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Authorized | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Separation Costs | $0.00 | $19.5M | $17.5M | $0.00 |
| Provision For Doubtful Accounts | $1.8M | $1.1M | $1.6M | $700.0K |
| Depreciation And Amortization | $66.0M | $65.3M | $69.6M | $59.5M |
| Repayment Of Revolving Credit Facility Borrowings | $522.5M | $248.1M | $0.00 | $0.00 |
| Short Term Borrowings | $148.0M | $2.8M | ||
| Machinery And Equipment Gross | $893.8M | $847.5M | ||
| Land | $37.9M | $37.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Separation Costs | $0.00 | $1.0M | $0.00 | $1.0M | $14.9M | $3.6M | $4.0M | $8.0M | |||
| Provision For Doubtful Accounts | -$100.0K | -$200.0K | -$200.0K | $300.0K | -$700.0K | $2.3M | $1.0M | ||||
| Depreciation And Amortization | $20.3M | $16.2M | $15.9M | $16.4M | $16.9M | $17.0M | $17.8M | ||||
| Repayment Of Revolving Credit Facility Borrowings | $441.6M | $157.4M | $125.4M | $0.00 | $0.00 | ||||||
| Short Term Borrowings | $110.0M | $160.0M | $149.2M | $110.0M | $115.0M | $122.2M | $147.2M | $175.0M | |||
| Machinery And Equipment Gross | $1.03B | $1.02B | $942.6M | $927.1M | $924.0M | $902.3M | $892.2M | $868.6M | |||
| Land | $42.1M | $44.2M | $38.6M | $38.2M | $37.7M | $38.0M | $39.1M | $38.7M |
Most recent annual filing with the SEC: July 29, 2025
Data sourced from SEC EDGAR public filings as of August 5, 2026.