Worthington Steel, Inc. (WS) Stock Price & Analysis
WS Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- MXN 38.69B
- Enterprise Value
- MXN 4.74B
- Total Cash (Recent Filing)
- MXN 248.20M
- Total Debt (Recent Filing)
- MXN 2.58B
- Price to Earnings (P/E)
- ―
- Beta
- 0.00
- Next Earnings
- Dec 23, 2026 (Est.)
- EPS Estimate
- 15.78
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Expanded Scale And Diversification
Kloeckner materially expands Worthington Steel’s product and processing capabilities while broadening its markets and geographic footprint. A larger, more diversified platform can improve customer coverage, spread fixed costs across more activity, and create a stronger base for recurring commercial and operational gains.
Strong Revenue And Cash Generation
The sharp increase in trailing revenue demonstrates substantial business expansion, while positive operating and free cash flow show that the enlarged operation can generate cash despite current earnings pressure. This combination supports ongoing investment, working-capital needs, and debt service over the next several quarters.
Value-added Processing And Spread Strength
Sustainable galvanized spreads indicate that Worthington Steel’s processing and finishing capabilities provide value beyond basic steel resale. If tight market conditions and limited imports persist, these spreads can support gross-profit resilience and reinforce the company’s differentiated position with industrial customers.
Bears Say
Elevated Leverage And Higher Interest Burden
The thin equity cushion relative to debt leaves less room to absorb prolonged earnings weakness or operating volatility. Higher interest expense already weighs on results, and the resulting cash burden can constrain investment, slow deleveraging, and reduce flexibility while acquisition benefits are being realized.
Profitability Deterioration And Cash-flow Volatility
Revenue growth has not yet translated into durable bottom-line improvement. The TTM loss, thin operating margin, and quarterly cash outflow indicate exposure to steel-market pricing, cost pressure, and acquisition-related effects, making earnings and internally funded growth less predictable over the coming quarters.
Failed DPLTA Delays Integration And Synergies
The failed DPLTA removes the near-term path to full operating control of Kloeckner and delays the formal integration and synergy process. Worthington Steel can still pursue opportunities within the existing structure, but timing, execution, and realization of the transaction’s economic benefits are now less certain.
Worthington Steel, Inc. News
WS FAQ
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Worthington Steel, Inc. Stock Smart Score
Company Description
Worthington Steel, Inc.
Worthington Steel, Inc. functions as a specialized steel processing enterprise serving the North American market. The company supplies a variety of steel products, notably flat-rolled carbon steel, custom-welded blanks (both steel and aluminum varieties), and laminated electrical steel components. These materials are crucial for numerous industries, including automotive manufacturing, heavy truck production, agriculture, construction, and energy. Worthington Steel, Inc. was established in 2023 and maintains its headquarters in Columbus, Ohio.
- Sector
- Basicmaterials
- Industry
- Steel
- CEO
- Geoffrey G. Gilmore
- Employees
- 5,400
- Website
- www.worthingtonsteel.com
- Address
- 100 Old Wilson Bridge Road, Columbus, OH, 43085, US
Worthington Steel, Inc. (WS) Earnings & Revenues
WS Company Deck
WS Earnings Call
Earnings Call SentimentNeutral
The call was mixed but cautiously constructive. Management highlighted the transformational Kloeckner acquisition, revenue and adjusted EBIT growth, strong agriculture and transportation performance, automotive resilience, operational improvements, and identified synergy opportunities. These positives were offset by a reported net loss, lower adjusted EPS, substantially higher interest expense, acquisition and purchase-accounting charges, negative free cash flow, increased net debt, tight supply constraints, and declines in energy, construction, and total legacy shipments. The company remains optimistic about its strategic position but is operating with significant near-term financial and market headwinds.
View all MX:WS earnings summaries











