Worthington Steel, Inc. (WS) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	3.4B	3.4B	3.1B	3.4B	3.6B
Cost of Revenue	3.0B	3.0B	2.7B	3.0B	3.3B
Gross Profit	402.6M	402.6M	388.6M	439.8M	336.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	297.5M	297.5M	231.6M	224.4M	200.8M
General & Admin Expense	—	—	—	223.6M	199.6M
Selling & Marketing Expense	—	—	—	800.0K	1.2M
Other Expenses	(1.0M)	—	10.0M	20.9M	15.4M
Total Operating Expenses	296.5M	297.5M	241.6M	245.3M	216.2M
Cost and Expenses	3.3B	3.3B	2.9B	3.2B	3.5B
Operating Income (EBIT)	106.1M	105.1M	147.0M	194.5M	120.3M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	26.9M	26.9M	7.1M	6.0M	3.0M
Net Interest Income	(26.9M)	(26.9M)	(7.1M)	(6.0M)	(3.0M)
Other Non-Op Income/Expense	(80.6M)	(79.6M)	1.1M	21.7M	8.4M
Non-Operating Income (excl Interest)	(30.5M)	—	(8.2M)	(27.7M)	(11.4M)
EBT (Pre-Tax Income)	25.5M	25.5M	148.1M	216.2M	128.7M
Income Tax Expense	22.6M	22.6M	28.8M	46.1M	29.0M
Bottom Line
Net Income	16.8M	17.3M	110.7M	154.7M	87.1M
Earnings from Cont. Ops	2.9M	2.9M	119.3M	170.1M	99.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	16.8M	17.3M	110.7M	154.7M	87.1M
Per Share
Basic EPS	$0.35	$0.35	$2.24	$3.14	$1.77
Diluted EPS	$0.35	$0.35	$2.19	$3.11	$1.77
Revenue Per Share	$69.15	$69.15	$62.49	$69.59	$72.12
Shares
Basic Shares Outstanding	49.8M	49.8M	49.5M	49.3M	50.0M
Diluted Shares Outstanding	49.8M	49.8M	49.5M	49.8M	50.0M
Profitability Metrics
EBITDA	221.4M	189.9M	221.2M	287.5M	201.3M
D&A	84.8M	84.8M	66.0M	65.3M	69.6M
EBIT	136.6M	105.1M	155.2M	222.2M	131.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of May 1, 2026