Worthington Steel Net Income vs. Revenue

WS Stock   44.36  0.35  0.78%   
Taking into consideration Worthington Steel's profitability measurements, Worthington Steel is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Worthington Steel's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2010-12-31
Previous Quarter
154.7 M
Current Value
118.6 M
Quarterly Volatility
25 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Worthington Steel's Days Sales Outstanding is comparatively stable compared to the past year. Days Of Sales Outstanding is likely to gain to 60.82 in 2024, whereas Price To Sales Ratio is likely to drop 0.47 in 2024. At this time, Worthington Steel's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 116.9 M in 2024, whereas Net Interest Income is likely to drop (6.3 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.130.1282
Fairly Up
Slightly volatile
Net Profit Margin0.05340.0451
Fairly Up
Slightly volatile
Operating Profit Margin0.06930.0567
Fairly Up
Slightly volatile
Pretax Profit Margin0.07470.063
Fairly Up
Slightly volatile
Return On Assets0.09460.0829
Fairly Up
Slightly volatile
Return On Equity0.180.157
Fairly Up
Slightly volatile
For Worthington Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Worthington Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Worthington Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Worthington Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Worthington Steel over time as well as its relative position and ranking within its peers.
  
Check out Your Current Watchlist.
For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Worthington Steel. If investors know Worthington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Worthington Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
0.48
Earnings Share
2.52
Revenue Per Share
68.095
Quarterly Revenue Growth
(0.08)
The market value of Worthington Steel is measured differently than its book value, which is the value of Worthington that is recorded on the company's balance sheet. Investors also form their own opinion of Worthington Steel's value that differs from its market value or its book value, called intrinsic value, which is Worthington Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Worthington Steel's market value can be influenced by many factors that don't directly affect Worthington Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Worthington Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worthington Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Worthington Steel Revenue vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Worthington Steel's current stock value. Our valuation model uses many indicators to compare Worthington Steel value to that of its competitors to determine the firm's financial worth.
Worthington Steel is rated first in net income category among its peers. It is rated first in revenue category among its peers totaling about  22.18  of Revenue per Net Income. At this time, Worthington Steel's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Worthington Steel by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Worthington Revenue vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Worthington Steel

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
154.7 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Worthington Steel

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.43 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Worthington Revenue vs Competition

Worthington Steel is rated first in revenue category among its peers. Market size based on revenue of Materials industry is at this time estimated at about 122.1 Billion. Worthington Steel holds roughly 3.43 Billion in revenue claiming about 2.81% of all equities under Materials industry.

Worthington Steel Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Worthington Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Worthington Steel will eventually generate negative long term returns. The profitability progress is the general direction of Worthington Steel's change in net profit over the period of time. It can combine multiple indicators of Worthington Steel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-6.1 M-5.8 M
Net Interest Income-6 M-6.3 M
Operating Income194.5 M154 M
Net Income From Continuing Ops170.1 M131.2 M
Income Before Tax216.2 M166.5 M
Total Other Income Expense Net21.7 M22.8 M
Net Income Applicable To Common Shares78.3 M116.9 M
Net Income154.7 M128.7 M
Income Tax Expense46.1 M35.3 M
Change To Netincome21.2 M11.5 M
Net Income Per Share 3.14  3.28 
Income Quality 1.29  1.09 
Net Income Per E B T 0.72  0.78 

Worthington Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Worthington Steel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Worthington Steel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Worthington Steel's important profitability drivers and their relationship over time.

Use Worthington Steel in pair-trading

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 Steel 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 Steel will appreciate offsetting losses from the drop in the long position's value.

Worthington Steel Pair Trading

Worthington Steel Pair Trading Analysis

The ability to find closely correlated positions to Worthington Steel 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 Steel 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 Steel - 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 Steel to buy it.
The correlation of Worthington Steel 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 Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Steel 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 Steel 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

Use Investing Themes to Complement your Worthington Steel position

In addition to having Worthington Steel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Disruptive Technologies Thematic Idea Now

Disruptive Technologies
Disruptive Technologies Theme
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
View All  Next Launch

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.