Stocks · Basic Materials · Steel
Worthington Steel, Inc. WS
$36.97 +1.76% Close, Oct 2, 2026 · NYSE · Market cap $1.88B
Next earnings report: Oct 6, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.35, down 83.9% year over year.
- At 105.6× trailing earnings, the shares trade at the highest P/E of the company's past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth64Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 31%
- EPS growth (TTM, YoY)Bottom 19%
- FCF growth (TTM, YoY)Top 36%
- Revenue growth, 3-year CAGRBottom 48%
- Revenue growth accelerationTop 19%
Quality55Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 34%
- Gross marginBottom 20%
- Operating marginBottom 31%
- Cash conversion (OCF / net income)Top 8%
- Accruals (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Top 44%
- Interest coverBottom 47%
Value64Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 41%
- Free-cash-flow yieldTop 27%
- EBITDA / enterprise valueTop 23%
- Sales / enterprise valueTop 7%
- P/E vs own 5-year history (lower is better)Bottom 1%
Momentum70Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 46%
- 6-month returnTop 19%
- 1-year return vs S&P 500Top 37%
- Distance from 52-week highTop 42%
- Trend checklist (0–4)Top 25%
Revisions23Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 30%
- Consecutive EPS beatsTop 50%
- Upside to consensus price targetBottom 35%
Stability40Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 45%
- Maximum drawdown, 3 yearsTop 50%
- Beta vs S&P 500 (lower is better)Bottom 12%
- Net debt / EBITDA (lower is better)Top 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.6% | 11.3% | ↑ |
| EPS growth (YoY) | 13.6% | -83.9% | ↓ |
| Gross margin | 12.6% | 11.7% | ↓ |
| Operating margin | 4.8% | 3.1% | ↓ |
| FCF margin | 3.2% | 3.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.3% | 5.6% | ↑ | Top 31% |
| EPS growth (TTM, YoY) | -83.9% | 13.6% | ↓ | Bottom 19% |
| Gross margin | 11.7% | 12.6% | ↓ | Bottom 20% |
| Operating margin | 3.1% | 4.8% | ↓ | Bottom 31% |
| Net margin | 0.5% | 3.6% | ↓ | — |
| Free-cash-flow margin | 3.4% | 3.2% | ↑ | — |
| Return on invested capital | 0.7% | — | Bottom 34% | |
| Revenue growth, 3-year CAGR | -1.5% | — | Bottom 48% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -8.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +1.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.22×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.73%
- Net buyback yield (TTM)
- 0.31%
- Shareholder yield
- 2.04%
- Share count change, 1 year
- +0.6%
- Share count change, 3-year CAGR
- +0.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through May 31, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -9.7%
- Average 2-day reaction, last 8
- +0.8%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $46.00
- Target vs current price
- +24.4%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jun 24, 2026 | +1.4% | -0.4% | -15.5% | -10.7% | -15.1% |
| Mar 25, 2026 | -41.5% | +3.2% | -10.6% | +5.5% | +20.0% |
| Dec 17, 2025 | -2.6% | +1.3% | +2.9% | +9.3% | -9.0% |
| Sep 24, 2025 | +4.1% | +2.8% | -8.0% | -7.6% | +8.7% |
| Jun 25, 2025 | +26.5% | +2.2% | +19.7% | +29.5% | +30.9% |
| Mar 19, 2025 | -47.8% | +3.0% | +0.9% | -7.8% | -2.3% |
| Dec 18, 2024 | -69.8% | -3.7% | -16.9% | -23.0% | -33.7% |
| Sep 25, 2024 | +1.8% | -2.4% | -8.4% | -4.7% | +3.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jun 24, 2026 | $0.74 | $0.73 | +1.4% | $929.2M |
| Mar 25, 2026 | $0.27 | $0.46 | -41.5% | $769.8M |
| Dec 17, 2025 | $0.38 | $0.39 | -2.6% | $871.9M |
| Sep 24, 2025 | $0.77 | $0.74 | +4.1% | $872.9M |
| Jun 25, 2025 | $1.05 | $0.83 | +26.5% | $832.9M |
| Mar 19, 2025 | $0.35 | $0.67 | -47.8% | $687.4M |
| Dec 18, 2024 | $0.19 | $0.63 | -69.8% | $739.0M |
| Sep 25, 2024 | $0.56 | $0.55 | +1.8% | $834.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 105.6× | 12.4× | 100th | Bottom 41% |
| P/E (forward) | 10.8× | — | — | — |
| EV / EBITDA | 9.7× | — | — | Top 23% |
| EV / Sales | 0.63× | — | — | Top 7% |
| Free-cash-flow yield | 6.25% | — | — | Top 27% |
| Earnings yield | 0.95% | — | — | Bottom 41% |
P/E over the past five years
Range 10.2× – 100.4× since May 31, 2023. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +18.5%
- Earnings per share growth (TTM)
- -83.9%
- Change in P/E multiple
- +615.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.6%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- +3.9%
- Distance from 200-day average
- -0.8%
- RSI (14)
- 59.6
- Relative volume
- 0.96×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 39.5%
- Volatility vs own 5-year history
- 12th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.75
- Correlation with S&P 500
- 0.52
- Current drawdown from 1-year high
- -24.1%
- Maximum drawdown, 3 years
- -51.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 11, 2024 | Apr 8, 2025 | -51.5% | 100 days | 209 days (Feb 6, 2026) |
| Feb 9, 2026 | Mar 27, 2026 | -42.3% | 33 days | Not yet recovered |
| Dec 26, 2023 | Jan 5, 2024 | -27.3% | 7 days | 53 days (Mar 22, 2024) |
| Jul 31, 2024 | Sep 10, 2024 | -22.6% | 28 days | 41 days (Nov 6, 2024) |
| Nov 30, 2023 | Dec 1, 2023 | -19.3% | 1 days | 10 days (Dec 15, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.88B
- P/E (TTM)
- 105.6
- EPS, diluted (TTM)
- $0.35
- Revenue (TTM)
- $3.44B
- Dividend yield
- 1.73%
- 52-week range
- $27.22 – $49.17
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $4.07B | $3.61B | $3.43B | $3.09B | $3.44B |
| Gross profit | $395.5M | $336.5M | $439.8M | $388.6M | $402.6M |
| Operating income | $226.6M | $120.3M | $194.5M | $147.0M | $105.1M |
| Net income | $180.4M | $87.1M | $154.7M | $110.7M | $17.3M |
| EPS (diluted) | $3.66 | $1.77 | $3.11 | $2.19 | $0.35 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $834.0M | $739.0M | $687.4M | $832.9M | $872.9M | $871.9M | $769.8M | $929.2M |
| Net income | $28.4M | $12.8M | $13.8M | $55.7M | $36.3M | $18.8M | $10.4M | -$48.7M |
| EPS (diluted) | $0.56 | $0.25 | $0.27 | $1.10 | $0.73 | $0.38 | $0.22 | -$0.98 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $39.5M | $315.0M | $199.5M | $230.3M | $201.2M |
| Capital expenditure | -$36.4M | -$45.5M | -$103.4M | -$130.4M | -$121.2M |
| Free cash flow | $3.0M | $269.5M | $96.1M | $99.9M | $80.0M |
| Dividends paid | $0 | $0 | -$7.9M | -$31.9M | -$32.6M |
| Net share buybacks | $0 | $0 | $300,000 | -$3.1M | -$5.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $84.6M
- Total assets
- $2.27B
- Total liabilities
- $990.2M
- Total debt
- $354.4M
- Net debt
- $269.8M
- Shareholders’ equity
- $1.07B
As of May 31, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 15, 2026 | $0.16 | Sep 29, 2026 |
| Jun 12, 2026 | $0.16 | Jun 26, 2026 |
| Mar 13, 2026 | $0.16 | Mar 27, 2026 |
| Dec 12, 2025 | $0.16 | Dec 26, 2025 |
| Sep 12, 2025 | $0.16 | Sep 26, 2025 |
| Jun 13, 2025 | $0.16 | Jun 27, 2025 |
| Mar 14, 2025 | $0.16 | Mar 28, 2025 |
| Dec 13, 2024 | $0.16 | Dec 27, 2024 |
Short interest
- Shares sold short
- 1,764,145
- Days to cover
- 6.23
- Change vs previous report
- +10.0%
FINRA short interest, settlement date Sep 15, 2026.