Worthington Financial Statements From 2010 to 2025

WOR Stock  USD 41.44  0.64  1.57%   
Worthington Industries financial statements provide useful quarterly and yearly information to potential Worthington Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Worthington Industries financial statements helps investors assess Worthington Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Worthington Industries' valuation are summarized below:
Gross Profit
288.7 M
Profit Margin
0.0366
Market Capitalization
B
Enterprise Value Revenue
1.8572
Revenue
1.2 B
There are over one hundred nineteen available fundamental gauges for Worthington Industries, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm Worthington Industries' prevalent fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 03/18/2025, Market Cap is likely to drop to about 648.5 M. In addition to that, Enterprise Value is likely to drop to about 624.1 M

Worthington Industries Total Revenue

2.5 Billion

Check Worthington Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 67.1 M, Interest Expense of 1.7 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 2.72, Dividend Yield of 0.0221 or PTB Ratio of 3.81. Worthington financial statements analysis is a perfect complement when working with Worthington Industries Valuation or Volatility modules.
  
Check out the analysis of Worthington Industries Correlation against competitors.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.

Worthington Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B1.9 B2.3 B
Slightly volatile
Short and Long Term Debt Total421.3 M364.8 M584.1 M
Pretty Stable
Other Current Liabilities115 M86.5 M163.4 M
Pretty Stable
Total Current Liabilities194.9 M205.1 M501.9 M
Very volatile
Total Stockholder Equity800.7 MB935.3 M
Slightly volatile
Property Plant And Equipment Net268.6 M282.8 M495.9 M
Very volatile
Net Debt79.7 M83.9 M392.7 M
Slightly volatile
Retained Earnings621.4 M677.8 M688.4 M
Slightly volatile
Cash294.9 M280.9 M188.5 M
Slightly volatile
Non Current Assets Total960.8 M1.2 B1.2 B
Slightly volatile
Cash And Short Term Investments294.9 M280.9 M188.5 M
Slightly volatile
Net Receivables348.7 M249.7 M426.9 M
Very volatile
Common Stock Shares Outstanding63.6 M45.3 M62.3 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B1.9 B2.3 B
Slightly volatile
Non Current Liabilities Total532.7 M654.6 M743.7 M
Slightly volatile
Inventory350.5 M189.3 M393.9 M
Pretty Stable
Other Current Assets71.6 M55.1 M120.4 M
Slightly volatile
Other Stockholder Equity264.5 M343.9 M272.2 M
Slightly volatile
Total Liabilities967.2 M859.8 M1.3 B
Pretty Stable
Property Plant And Equipment Gross625.4 M571.7 M664.9 M
Slightly volatile
Total Current Assets862.3 M775 M1.1 B
Slightly volatile
Short Term Debt13.6 M14.3 M56.3 M
Slightly volatile
Accounts Payable98.5 M103.7 M286 M
Very volatile
Good Will214.4 M381.3 M282.2 M
Slightly volatile
Intangible Assets151.3 M254.2 M177 M
Slightly volatile
Other Liabilities400.9 M381.8 M226.8 M
Slightly volatile
Long Term Debt462.5 M342.9 M534.9 M
Pretty Stable
Property Plant Equipment477.9 M698.1 M608.7 M
Slightly volatile
Current Deferred Revenue8.1 M8.6 M37.6 M
Pretty Stable
Net Tangible Assets586.6 M1.1 B599.9 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity114 M153.2 M111.1 M
Slightly volatile
Retained Earnings Total Equity736.2 M1.4 B790.1 M
Slightly volatile
Long Term Debt Total621.3 M793.2 M590.4 M
Slightly volatile
Capital Surpluse294.7 M334.4 M275.1 M
Slightly volatile
Deferred Long Term Liabilities75.7 M132.4 M79 M
Slightly volatile
Long Term Investments242.6 M166.6 M218.6 M
Very volatile
Non Current Liabilities Other169 M200.3 M157.5 M
Slightly volatile
Short and Long Term Debt2.6 M2.8 M181.6 M
Slightly volatile
Net Invested CapitalB1.4 B1.7 B
Slightly volatile
Cash And Equivalents278 M523.2 M293.4 M
Slightly volatile
Net Working Capital826 M569.8 M714 M
Pretty Stable
Capital Lease Obligations20.8 M21.9 M41.7 M
Pretty Stable

Worthington Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization67.1 M92.8 M81.6 M
Slightly volatile
Total Revenue2.5 B1.4 B2.9 B
Pretty Stable
Gross Profit383.3 M327.8 M457.8 M
Slightly volatile
Other Operating Expenses2.3 B1.5 B2.8 B
Pretty Stable
EBIT82.8 M87.1 M224.5 M
Pretty Stable
EBITDA256.3 M180 M312.8 M
Very volatile
Cost Of Revenue2.1 B1.1 B2.5 B
Pretty Stable
Total Operating Expenses233.2 M326 M301 M
Slightly volatile
Income Before Tax80.9 M85.1 M240.4 M
Pretty Stable
Net Income129.9 M127.2 M189.1 M
Slightly volatile
Income Tax Expense53.8 M44.9 M59.9 M
Pretty Stable
Selling General Administrative253.7 M291.9 M292.3 M
Slightly volatile
Net Income Applicable To Common Shares173.1 M295 M214.6 M
Slightly volatile
Net Income From Continuing Ops38.2 M40.2 M186.3 M
Very volatile
Non Operating Income Net Other185.9 M248.8 M180.9 M
Slightly volatile
Tax Provision71.3 M44.9 M54.2 M
Slightly volatile
Interest Income181.2 M154.4 M134.9 M
Slightly volatile
Selling And Marketing Expenses20.5 M34.1 M17.9 M
Slightly volatile
Reconciled Depreciation104.3 M92.8 M92.3 M
Slightly volatile
Extraordinary Items27.4 M30.9 M33.7 M
Slightly volatile

Worthington Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow549.3 M523.2 M207.6 M
Slightly volatile
Depreciation71.1 M92.8 M82.2 M
Slightly volatile
Dividends Paid50.4 M65.3 M48.1 M
Slightly volatile
Capital Expenditures59.2 M75.2 M74.4 M
Slightly volatile
Total Cash From Operating Activities202.3 M333.5 M271 M
Slightly volatile
Net Income140.5 M135.5 M200.1 M
Slightly volatile
End Period Cash Flow294.9 M280.9 M189.2 M
Slightly volatile
Stock Based Compensation14.6 M19.2 M16 M
Very volatile
Issuance Of Capital Stock5.3 M5.9 M6.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.722.590.8416
Slightly volatile
Dividend Yield0.02210.02330.0326
Slightly volatile
PTB Ratio3.813.631.9211
Slightly volatile
Days Sales Outstanding41.3957.2653.6181
Pretty Stable
Book Value Per Share8.916.317.3673
Slightly volatile
Operating Cash Flow Per Share5.575.34.7727
Slightly volatile
Stock Based Compensation To Revenue0.01270.01210.006
Slightly volatile
Capex To Depreciation1.431.191.0188
Very volatile
PB Ratio3.813.631.9211
Slightly volatile
EV To Sales2.792.660.9691
Slightly volatile
Inventory Turnover4.855.256.2068
Slightly volatile
Net Income Per Share1.432.023.2895
Slightly volatile
Days Of Inventory On Hand67.7971.9259.7772
Slightly volatile
Payables Turnover11.1112.2510.4727
Slightly volatile
Sales General And Administrative To Revenue0.190.180.11
Slightly volatile
Research And Ddevelopement To Revenue0.00110.00130.0014
Slightly volatile
Capex To Revenue0.04110.07710.0314
Slightly volatile
Cash Per Share4.694.473.3306
Slightly volatile
POCF Ratio9.611.137.1284
Slightly volatile
Payout Ratio0.730.590.3655
Slightly volatile
Capex To Operating Cash Flow0.650.330.3808
Pretty Stable
Days Payables Outstanding32.8530.8541.6745
Pretty Stable
Income Quality2.342.831.866
Pretty Stable
ROE0.120.110.1849
Very volatile
EV To Operating Cash Flow12.2711.429.3063
Slightly volatile
PE Ratio30.6229.1712.575
Slightly volatile
Return On Tangible Assets0.06270.09170.0945
Pretty Stable
Earnings Yield0.03370.03550.118
Very volatile
Intangibles To Total Assets0.320.30.1996
Slightly volatile
Net Debt To EBITDA0.40.421.4916
Slightly volatile
Current Ratio2.314.342.343
Slightly volatile
Tangible Book Value Per Share6.216.199.6932
Slightly volatile
Receivables Turnover6.055.167.35
Pretty Stable
Graham Number16.227.2133.2949
Slightly volatile
Shareholders Equity Per Share8.316.2615.8975
Slightly volatile
Debt To Equity0.380.320.6212
Slightly volatile
Capex Per Share0.81.531.277
Slightly volatile
Revenue Per Share25.9822.7949.5384
Pretty Stable
Interest Debt Per Share4.655.8310.23
Pretty Stable
Debt To Assets0.170.19360.2468
Slightly volatile
Enterprise Value Over EBITDA17.3816.569.0496
Slightly volatile
Short Term Coverage Ratios76.6441.9186
Pretty Stable
Price Earnings Ratio30.6229.1712.575
Slightly volatile
Operating Cycle125145115
Pretty Stable
Price Book Value Ratio3.813.631.9211
Slightly volatile
Days Of Payables Outstanding32.8530.8541.6745
Pretty Stable
Dividend Payout Ratio0.730.590.3655
Slightly volatile
Price To Operating Cash Flows Ratio9.611.137.1284
Slightly volatile
Pretax Profit Margin0.08380.06830.0844
Very volatile
Effective Tax Rate0.360.610.2963
Pretty Stable
Company Equity Multiplier1.751.662.4017
Slightly volatile
Long Term Debt To Capitalization0.220.230.3378
Pretty Stable
Total Debt To Capitalization0.250.240.3707
Slightly volatile
Debt Equity Ratio0.380.320.6212
Slightly volatile
Quick Ratio2.72.571.5732
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.271.862.1553
Pretty Stable
Net Income Per E B T1.411.350.8431
Slightly volatile
Cash Ratio1.291.230.4763
Slightly volatile
Cash Conversion Cycle83.0210674.7211
Very volatile
Operating Cash Flow Sales Ratio0.220.210.1115
Slightly volatile
Days Of Inventory Outstanding67.7971.9259.7772
Slightly volatile
Days Of Sales Outstanding41.3957.2653.6181
Pretty Stable
Cash Flow Coverage Ratios0.651.050.5885
Very volatile
Price To Book Ratio3.813.631.9211
Slightly volatile
Fixed Asset Turnover3.634.565.5132
Pretty Stable
Capital Expenditure Coverage Ratio2.343.123.6234
Pretty Stable
Price Cash Flow Ratio9.611.137.1284
Slightly volatile
Enterprise Value Multiple17.3816.569.0496
Slightly volatile
Debt Ratio0.170.19360.2468
Slightly volatile
Cash Flow To Debt Ratio0.651.050.5885
Very volatile
Price Sales Ratio2.722.590.8416
Slightly volatile
Return On Assets0.07780.07760.0793
Pretty Stable
Asset Turnover1.570.871.323
Slightly volatile
Net Profit Margin0.04140.07990.0642
Pretty Stable
Gross Profit Margin0.180.260.1681
Slightly volatile
Price Fair Value3.813.631.9211
Slightly volatile
Return On Equity0.120.110.1849
Very volatile

Worthington Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap648.5 M936.8 M976 M
Very volatile
Enterprise Value624.1 M780.3 M825.6 M
Very volatile

Worthington Fundamental Market Drivers

Forward Price Earnings14.7275
Cash And Short Term Investments244.2 M

Worthington Upcoming Events

27th of March 2024
Upcoming Quarterly Report
View
26th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
26th of June 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

About Worthington Industries Financial Statements

Worthington Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Worthington Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue8.6 M8.1 M
Total Revenue1.4 B2.5 B
Cost Of Revenue1.1 B2.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.18  0.19 
Capex To Revenue 0.08  0.04 
Revenue Per Share 22.79  25.98 
Ebit Per Revenue(0.07)(0.06)

Pair Trading with Worthington Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worthington Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worthington Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Worthington Stock

  0.39HIHO Highway HoldingsPairCorr
  0.35TPCS TechPrecision CommonPairCorr
The ability to find closely correlated positions to Worthington Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worthington Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worthington Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worthington Industries to buy it.
The correlation of Worthington Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worthington Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Worthington Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Worthington Stock Analysis

When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.