Worthington Steel (WS) Stock Overview
Operates as a steel processor in the United States, Canada, Mexico, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
WS Community Fair Values
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Analyst Price Targets
Worthington Steel, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.33 |
| 52 Week High | US$49.17 |
| 52 Week Low | US$27.22 |
| Beta | 2.26 |
| 1 Month Change | -4.58% |
| 3 Month Change | -17.13% |
| 1 Year Change | -0.71% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 33.32% |
Recent News & Updates
Seeking Alpha • Sep 02
Worthington Steel: Kloeckner Turns Processing Density Into An Earnings Engine
Summary Worthington Steel is transforming into a value-added metals platform, leveraging the Kloeckner acquisition to expand processing density and procurement efficiencies. WS's strategic shift toward direct processing, despite lower overall tonnage, enhances value capture and positions the company for higher-quality earnings. The Kloeckner deal creates significant synergy potential ($150M run-rate by FY2028), but integration risks, leverage, and electrical steel headwinds must be managed. WS trades at a substantial forward EV/EBITDA discount (3.99x vs. 8.54x sector median), offering upside if operational discipline and synergy realization are achieved. Read the full article on Seeking AlphaAnalysis Article • Aug 07
Worthington Steel's (NYSE:WS) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with Worthington Steel, Inc.'s ( NYSE:WS ) lackluster earnings report last week. We...Recent updates
Seeking Alpha • Sep 02
Worthington Steel: Kloeckner Turns Processing Density Into An Earnings Engine
Summary Worthington Steel is transforming into a value-added metals platform, leveraging the Kloeckner acquisition to expand processing density and procurement efficiencies. WS's strategic shift toward direct processing, despite lower overall tonnage, enhances value capture and positions the company for higher-quality earnings. The Kloeckner deal creates significant synergy potential ($150M run-rate by FY2028), but integration risks, leverage, and electrical steel headwinds must be managed. WS trades at a substantial forward EV/EBITDA discount (3.99x vs. 8.54x sector median), offering upside if operational discipline and synergy realization are achieved. Read the full article on Seeking AlphaAnalysis Article • Aug 07
Worthington Steel's (NYSE:WS) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with Worthington Steel, Inc.'s ( NYSE:WS ) lackluster earnings report last week. We...Analysis Article • Jun 21
Worthington Steel (WS) Stock Could Be 37% Below Fair Value After Strong Results
Worthington Steel (WS) is back in focus after reporting quarterly revenue of US$769.80 million and net profit growth of 24.64% year over year, figures that sharply contrast with mixed technical signals. See our latest analysis for Worthington Steel. At a latest share price of US$40.73, Worthington Steel’s 1-day share price return of 3.90% contrasts with a 7-day decline of 6.26%. Its 1-year total shareholder return of 69.30% and 90-day share price return of 24.82% point to momentum that has...
Narrative Update • Jun 18
WS: Klöckner Integration And Higher Leverage Will Shape Future Share Performance
Analysts have maintained their $38 price target for Worthington Steel, indicating that recent adjustments to discount rate, growth and P/E assumptions are minimal and do not represent a change in their overall view of the stock. What’s in the News for Worthington Steel Worthington Steel completed its voluntary public takeover offer for German metals group Kloeckner & Co SE, securing about 62% of outstanding shares and receiving final regulatory approval, according to recent news reports.Narrative Update • Jun 03
WS: Klöckner Financing And Higher Leverage Will Constrain Future Share Returns
Analysts have kept their $38.00 price target on Worthington Steel broadly in line with prior views, citing relatively unchanged assumptions around fair value, discount rate, long term revenue growth, profit margin and future P/E multiples. What's in the News Worthington Steel launched a private offering of US$900 million senior secured notes due 2033 to help finance its pending acquisition of Klöckner & Co SE.Narrative Update • May 13
WS: Fair Value Will Hold With Refined Risk And Earnings Assumptions
Analysts have maintained their $38.00 price target for Worthington Steel, with the slight tweaks to discount rate, revenue growth, profit margin assumptions and future P/E reflecting updated views on the company’s risk profile and earnings power rather than a change in overall valuation. Valuation Changes Fair Value: unchanged at $38.00 per share, with the updated figure now shown to two decimal places.Narrative Update • Apr 22
WS: Stable Fair Value With Slightly Lower Discount Rate And Higher P/E
Analysts have adjusted their price target for Worthington Steel to $38.00, reflecting updated assumptions around the discount rate and future P/E while keeping fair value estimates steady. Valuation Changes Fair Value: Kept steady at $38.0, indicating no change in the underlying fair value estimate.Narrative Update • Apr 06
WS: Higher Discount Rate And Lower P/E Assumptions Will Support Future Upside
Analysts have trimmed their price target for Worthington Steel from $47 to $38, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E that collectively point to a more cautious valuation framework. Valuation Changes Fair Value: reduced from $47 to $38, a cut of about 19% in the modeled valuation.Narrative Update • Mar 22
WS: Stable Assumptions And Firm P/E Outlook Will Support Future Upside
Analysts have maintained their $47.00 price target for Worthington Steel, citing largely unchanged assumptions for discount rate, revenue growth, profit margin, and future P/E ratio, which together support a consistent view of the stock's valuation. Valuation Changes Fair Value: remains at $47.00, reflecting an unchanged central valuation point.Narrative Update • Mar 07
WS: Local Impairment Will Be Contained While Higher P/E Expectations Will Support Upside
The analyst price target for Worthington Steel has been reaffirmed at $47.00. Analysts cite largely unchanged assumptions around fair value, revenue growth, profit margin, and future P/E, along with a modest adjustment to the discount rate, as the basis for maintaining their view.Narrative Update • Feb 20
WS: Localized Impairment Will Be Managed While Keeping Outlook And P/E Expectations Balanced
Analysts have kept their price target for Worthington Steel steady at $47.00. This reflects only very small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E, rather than any major shift in their overall view.Narrative Update • Feb 06
WS: Higher Future P/E Will Offset Localized Impairment While Keeping Outlook Balanced
Analysts have revised their price target on Worthington Steel to $47 from $41, citing updated fair value assumptions, a slightly lower discount rate, and a higher future P/E multiple in their models. What's in the News Worthington Steel, Inc.Analysis Article • Jan 30
Worthington Steel (NYSE:WS) Is Paying Out A Dividend Of $0.16
Worthington Steel, Inc. ( NYSE:WS ) will pay a dividend of $0.16 on the 27th of March. This means the annual payment...Narrative Update • Jan 23
WS: Higher Future P/E Will Balance Impairment Charge And Margin Headwinds
Analysts have raised their price target on Worthington Steel to reflect an updated fair value of $41.00, supported by slightly adjusted assumptions for the discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News Worthington Steel, Inc.Analysis Article • Jan 16
Worthington Steel (NYSE:WS) Has Affirmed Its Dividend Of $0.16
Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 27th of March. This...Narrative Update • Jan 07
WS: Higher Future P/E Will Offset Modest Margin Headwinds
Analysts have lifted their price target on Worthington Steel from $39 to $41, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers behind the change. What's in the News Worthington Steel, Inc.Analysis Article • Dec 28
Worthington Steel (NYSE:WS) Has Affirmed Its Dividend Of $0.16
The board of Worthington Steel, Inc. ( NYSE:WS ) has announced that it will pay a dividend of $0.16 per share on the...Analysis Article • Dec 26
Worthington Steel's (NYSE:WS) Soft Earnings Are Actually Better Than They Appear
The market for Worthington Steel, Inc.'s ( NYSE:WS ) shares didn't move much after it posted weak earnings recently. We...Narrative Update • Dec 16
WS: Faster Revenue And Higher Multiple Will Offset Rising Discount Rate
Analysts have raised their price target on Worthington Steel from 36 dollars to 39 dollars, citing expectations for faster revenue growth and a higher future earnings multiple despite slightly lower projected profit margins and a higher discount rate. Valuation Changes The consensus analyst price target has risen slightly from 36 dollars to 39 dollars, reflecting a modest upward revision in perceived fair value.Analysis Article • Dec 01
Worthington Steel's (NYSE:WS) Dividend Will Be $0.16
Worthington Steel, Inc. ( NYSE:WS ) will pay a dividend of $0.16 on the 26th of December. The dividend yield is 1.9...Analysis Article • Oct 18
Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 26th of December...Narrative Update • Sep 17
Electrical Steel And AI Demand Will Spur Market Expansion
The upward revision in Worthington Steel’s price target is primarily driven by an increase in its forward P/E multiple, raising the consensus fair value from $34.00 to $36.00. Valuation Changes Summary of Valuation Changes for Worthington Steel The Consensus Analyst Price Target has risen from $34.00 to $36.00.Analysis Article • Sep 09
Worthington Steel (NYSE:WS) May Have Issues Allocating Its Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Analysis Article • Aug 18
Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 26th of September...Analysis Article • Jul 12
Further Upside For Worthington Steel, Inc. (NYSE:WS) Shares Could Introduce Price Risks After 30% Bounce
Worthington Steel, Inc. ( NYSE:WS ) shares have continued their recent momentum with a 30% gain in the last month...Analysis Article • Jun 29
Worthington Steel, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Shareholders will be ecstatic, with their stake up 31% over the past week following Worthington Steel, Inc. 's...Analysis Article • Jun 11
Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
The board of Worthington Steel, Inc. ( NYSE:WS ) has announced that it will pay a dividend of $0.16 per share on the...Analysis Article • May 13
Worthington Steel's (NYSE:WS) Returns On Capital Tell Us There Is Reason To Feel Uneasy
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Analysis Article • Apr 08
Is Worthington Steel (NYSE:WS) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Seeking Alpha • Mar 27
Worthington Steel: Tariff Woes Are A Concern, But The Firm Is A Buy Nonetheless
Summary Worthington Steel's stock has fallen 18% since December due to economic concerns and weak fundamentals, but long-term investors should consider it a buy due to its cheap valuation. The company's Q3 2025 revenue dropped 14.7% year-over-year, driven by a 10.6% decline in volume and lower pricing. Tariffs pose risks, especially to the automotive sector, but Worthington Steel's localized sales strategy helps mitigate some of these impacts. Despite short-term challenges, the stock remains attractive for long-term investors due to its low valuation and potential recovery in demand and pricing. Read the full article on Seeking AlphaAnalysis Article • Mar 06
Worthington Steel (NYSE:WS) Will Pay A Dividend Of $0.16
Worthington Steel, Inc.'s ( NYSE:WS ) investors are due to receive a payment of $0.16 per share on 28th of March. Based...Analysis Article • Jan 19
Returns On Capital At Worthington Steel (NYSE:WS) Have Stalled
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
New Narrative • Dec 22
Acquisition Of Sitem Group Will Expand European Presence And Drive Growth In EV Market
The acquisition of Sitem Group is set to boost Worthington Steel's Europe presence and electrical steel lamination business, supporting growth in the EV market.Seeking Alpha • Dec 20
The Plunge In Worthington Steel Represents A Buying Opportunity
Summary Despite a recent 14.4% plunge, I maintain a 'buy' rating on Worthington Steel due to its attractive long-term outlook and strategic growth initiatives. The company reported disappointing Q2 2025 results, with revenue dropping 8.5% year-over-year and missing analysts' expectations by $40.5 million. Worthington Steel's strategic investments in lightweighting, electrical steel, and acquisitions like Sitem Group aim to boost margins and future growth. WS stock is attractively priced on an absolute basis, and long-term value investors should see potential upside despite recent market displeasure. Read the full article on Seeking AlphaShareholder Returns
| WS | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -1.7% | -1.3% | -0.2% |
| 1Y | -0.7% | 48.4% | 11.9% |
Return vs Industry: WS underperformed the US Metals and Mining industry which returned 48.4% over the past year.
Return vs Market: WS underperformed the US Market which returned 11.9% over the past year.
Price Volatility
| WS volatility | |
|---|---|
| WS Average Weekly Movement | 6.3% |
| Metals and Mining Industry Average Movement | 9.3% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: WS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2023 | 5,400 | Geoff Gilmore | www.worthingtonsteel.com |
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. Fundamentals Summary
| WS fundamental statistics | |
|---|---|
| Market cap | US$1.70b |
| Earnings (TTM) | US$8.50m |
| Revenue (TTM) | US$3.44b |
199.8x
P/E Ratio0.5x
P/S RatioIs WS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WS income statement (TTM) | |
|---|---|
| Revenue | US$3.44b |
| Cost of Revenue | US$3.04b |
| Gross Profit | US$403.30m |
| Other Expenses | US$394.80m |
| Earnings | US$8.50m |
Last Reported Earnings
May 31, 2026
Next Earnings Date
Oct 06, 2026
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 11.71% |
| Net Profit Margin | 0.25% |
| Debt/Equity Ratio | 20.3% |
How did WS perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield375%
Payout RatioDoes WS pay a reliable dividends?
See WS dividend history and benchmarks| Worthington Steel dividend dates | |
|---|---|
| Ex Dividend Date | Sep 15 2026 |
| Dividend Pay Date | Sep 29 2026 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 9 days |
Does WS pay a reliable dividends?
See WS dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/20 00:44 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/05/31 |
| Annual Earnings | 2026/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Worthington Steel, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samuel McKinney | KeyBanc Capital Markets Inc. |
| Martin Englert | Seaport Research Partners |