Is Worthington Steel (WS) overvalued or fairly valued?

MarketChacha shows Worthington Steel's valuation in context — a trailing P/E of about 22.9, a forward P/E of about 7.3, a price-to-book of about 1.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Worthington Steel's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.62×) from reported figures — education, not a rating.

What is Worthington Steel's revenue?

Worthington Steel reported revenue of $3.4B for FY2026, with net profit of $8.5M, per official filings.

What is the share price of Worthington Steel (WS)?

Worthington Steel last traded at $35.78 (-0.6% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Worthington Steel

WS · NYSE · Materials · United States

Snapshot

TickerWS

ExchangeNYSE

SectorMaterials

IndustrySteel

CountryUnited States

Employees5,400

HeadquartersColumbus, United States

Websitewww.worthingtonsteel.com

Filings tracked19

About Worthington Steel

Worthington Steel, Inc., together with its subsidiaries, operates as a steel processor in the United States, Canada, Mexico, and internationally. The company offers carbon flat-rolled steel processing services, including pickling, specialty re-rolling, hot dip galvanizing, blanking, slitting, and cutting-to-length; laser welded solutions; precision magnetic steel laminations for the automotive, industrial motor, generator, and transformer industries; tailor and aluminum tailor welded blanks; steel toll processing services for steel mills, large end-users, and service centers; and automotive and electrical steel lamination stampings. It serves the automotive, construction, machinery and equipment, agriculture, heavy truck, and energy sectors. Worthington Steel, Inc. was incorporated in 2023 and is headquartered in Columbus, Ohio.

Who owns it

Insiders35.9%
Institutions56.5%
Public & other7.5%

339 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.02%
Dimensional Fund Advisors LP5.04%
Vanguard Portfolio Management LLC4.48%
State Street Corporation4.08%
Vanguard Capital Management LLC3.24%
T. Rowe Price Investment Management, Inc.2.39%
Alliancebernstein L.P.1.85%
Geode Capital Management, LLC1.75%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 2.2 points over the period — profitability is trending down.

Cash conversion2.62×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.4% → 0.2%

Margin has compressed by about 2.2 points over the period — profitability is trending down.

Return on equity0.8%

Latest ROE of 0.8% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev -2% · PAT -54%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

EPS 1.14

Est. earnings growth +200.0%

Next fiscal year

EPS 4.87

Est. earnings growth +13.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$3.4B

Net margin

0.2%

ROE

0.8%

Revenue CAGR (3y)

-1.5%

Profit CAGR (3y)

-54.0%

EPS (FY2026)

0.17

Net profit (FY2026)

$8.5M

Ask MarketChacha about WS

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$3.4B	$8.5M	0.17	0.2%	0.8%
FY2025	$3.1B	$110.7M	2.19	3.6%	10.3%
FY2024	$3.4B	$154.7M	3.11	4.5%	15.7%
FY2023	$3.6B	$87.1M	1.77	2.4%	8.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$769.8M	$10.4M	0.20	1.4%
2025Q4	$871.9M	$18.8M	0.37	2.2%
2025Q3	$872.9M	$36.8M	0.72	4.2%
2025Q1	$687.4M	$13.8M	0.27	2.0%
2024Q4	$739.0M	$12.8M	0.25	1.7%
2024Q3	$834.0M	$28.4M	0.56	3.4%
2024Q1	$805.8M	$49.0M	0.98	6.1%
2023Q4	$808.0M	$-6.0M	-0.12	-0.7%
2023Q3	$905.8M	$58.5M	1.19	6.5%
2023Q1	$780.7M	$5.4M	0.11	0.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-K filing
SEC7/30/2026
8-K — Reg FD disclosure, Exhibits
SEC7/15/2026material
8-K/A — Results of operations, Exhibits
SEC7/10/2026
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC6/30/2026material
8-K — Results of operations, Executive/director change, Other events, Exhibits
SEC6/25/2026material
8-K — Completion of acquisition/disposition, Reg FD disclosure, Exhibits
SEC6/3/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC6/2/2026material
8-K — Reg FD disclosure
SEC5/27/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/26/2026material
10-Q filing
SEC4/9/2026
8-K — Reg FD disclosure, Exhibits
SEC3/31/2026material
8-K — Results of operations, Other events, Exhibits
SEC3/26/2026material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC3/10/2026material
8-K — Material agreement, Material financial obligation, Reg FD disclosure, Exhibits
SEC1/22/2026material
10-Q filing
SEC1/8/2026

2025

8-K — Results of operations, Other events, Exhibits
SEC12/19/2025material
10-Q filing
SEC10/10/2025
8-K — Results of operations, Shareholder vote results, Other events, Exhibits
SEC9/29/2025material
10-K filing
SEC7/29/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.