Worthington Gross Profit from 2010 to 2024

WS Stock

44.45 0.68 1.55%

Worthington Steel Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 425.3 M in 2024. Gross Profit is the profit Worthington Steel makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

439.8 M

Current Value

425.3 M

Quarterly Volatility

24.4 M

Credit Downgrade

Yuan Drop

Covid

Check Worthington Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Steel's main balance sheet or income statement drivers, such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0039 or PTB Ratio of 1.62. Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.

Check out the analysis of Worthington Steel Correlation against competitors.

For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.

Latest Worthington Steel's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Worthington Steel over the last few years. Gross profit is a required income statement account that reflects total revenue of Worthington Steel minus its cost of goods sold. It is profit before Worthington Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Worthington Steel's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Steel's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 336.5 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Worthington Gross Profit Regression Statistics

	Arithmetic Mean	378,679,592
	Geometric Mean	377,983,349
	Coefficient Of Variation	6.44
	Mean Deviation	16,601,347
	Median	370,840,000
	Standard Deviation	24,393,657
	Sample Variance	595.1T
	Range	99.4M
	R-Value	0.49
	Mean Square Error	489.9T
	R-Squared	0.24
	Significance	0.07
	Slope	2,647,168
	Total Sum of Squares	8330.7T

Worthington Gross Profit History

	2024	425.3 M
	2023	439.8 M
	2022	340.4 M
	2021	395.5 M

Other Fundumenentals of Worthington Steel

Gross Profit Margin

Worthington Steel Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Current Deferred Revenue
Total Assets		0.99	0.97	0.94	-0.3	0.96	0.97	0.97	0.99	0.94	0.53	-0.09	0.41	0.83	0.97	0.97	0.95	-0.6	0.32	-0.6
Total Stockholder Equity	0.99		0.97	0.91	-0.34	0.94	0.99	0.92	0.99	0.93	0.51	-0.03	0.44	0.78	0.99	0.97	0.96	-0.56	0.23	-0.56
Net Tangible Assets	0.97	0.97		0.98	-0.39	0.88	0.99	0.94	0.99	0.98	0.49	-0.18	0.3	0.86	0.98	1.0	1.0	-0.6	0.44	-0.6
Net Debt	0.94	0.91	0.98		-0.39	0.84	0.94	0.94	0.95	0.98	0.47	-0.28	0.21	0.89	0.92	0.98	0.98	-0.62	0.59	-0.62
Accounts Payable	-0.3	-0.34	-0.39	-0.39		-0.09	-0.42	-0.21	-0.36	-0.54	0.6	0.71	0.63	-0.64	-0.37	-0.4	-0.43	0.77	-0.37	0.77
Net Receivables	0.96	0.94	0.88	0.84	-0.09		0.87	0.96	0.93	0.82	0.62	0.03	0.54	0.72	0.9	0.87	0.84	-0.51	0.21	-0.51
Good Will	0.97	0.99	0.99	0.94	-0.42	0.87		0.89	0.99	0.96	0.46	-0.09	0.35	0.8	1.0	0.99	0.99	-0.56	0.3	-0.56
Total Liab	0.97	0.92	0.94	0.94	-0.21	0.96	0.89		0.95	0.91	0.56	-0.19	0.36	0.86	0.9	0.92	0.9	-0.63	0.48	-0.63
Net Invested Capital	0.99	0.99	0.99	0.95	-0.36	0.93	0.99	0.95		0.96	0.5	-0.11	0.38	0.83	0.99	0.99	0.98	-0.59	0.34	-0.59
Long Term Investments	0.94	0.93	0.98	0.98	-0.54	0.82	0.96	0.91	0.96		0.32	-0.36	0.11	0.94	0.94	0.97	0.98	-0.73	0.55	-0.73
Total Current Assets	0.53	0.51	0.49	0.47	0.6	0.62	0.46	0.56	0.5	0.32		0.58	0.88	0.08	0.5	0.49	0.46	0.29	-0.01	0.29
Capital Stock	-0.09	-0.03	-0.18	-0.28	0.71	0.03	-0.09	-0.19	-0.11	-0.36	0.58		0.84	-0.64	-0.02	-0.15	-0.17	0.79	-0.79	0.79
Net Working Capital	0.41	0.44	0.3	0.21	0.63	0.54	0.35	0.36	0.38	0.11	0.88	0.84		-0.16	0.42	0.32	0.29	0.43	-0.47	0.43
Short Term Debt	0.83	0.78	0.86	0.89	-0.64	0.72	0.8	0.86	0.83	0.94	0.08	-0.64	-0.16		0.77	0.84	0.84	-0.91	0.7	-0.91
Intangible Assets	0.97	0.99	0.98	0.92	-0.37	0.9	1.0	0.9	0.99	0.94	0.5	-0.02	0.42	0.77		0.98	0.98	-0.53	0.24	-0.53
Common Stock	0.97	0.97	1.0	0.98	-0.4	0.87	0.99	0.92	0.99	0.97	0.49	-0.15	0.32	0.84	0.98		1.0	-0.58	0.41	-0.58
Property Plant Equipment	0.95	0.96	1.0	0.98	-0.43	0.84	0.99	0.9	0.98	0.98	0.46	-0.17	0.29	0.84	0.98	1.0		-0.58	0.42	-0.58
Long Term Debt	-0.6	-0.56	-0.6	-0.62	0.77	-0.51	-0.56	-0.63	-0.59	-0.73	0.29	0.79	0.43	-0.91	-0.53	-0.58	-0.58		-0.59	1.0
Short Long Term Debt	0.32	0.23	0.44	0.59	-0.37	0.21	0.3	0.48	0.34	0.55	-0.01	-0.79	-0.47	0.7	0.24	0.41	0.42	-0.59		-0.59
Current Deferred Revenue	-0.6	-0.56	-0.6	-0.62	0.77	-0.51	-0.56	-0.63	-0.59	-0.73	0.29	0.79	0.43	-0.91	-0.53	-0.58	-0.58	1.0	-0.59

Click cells to compare fundamentals

About Worthington Steel Financial Statements

Worthington Steel shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	439.8 M	425.3 M
Gross Profit Margin	0.13	0.13

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Worthington Stock Analysis

When running Worthington Steel's price analysis, check to measure Worthington Steel's 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 Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC