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Worthington Steel, Inc.

corporate_fare Company Profile

Worthington Steel, Inc.

WS·NYSE·Manufacturing·CIK 0001968487

Worthington Steel, Inc. is one of North America's premier value-added metals processors. The company processes carbon flat-rolled steel and produces laser welded solutions and electrical steel laminations. Worthington Steel is one of the largest independent intermediate processors of carbon flat-rolled steel in the U.S., focusing on products requiring exact specifications. The company purchases coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality according to customer specifications. Its product lines and processing capabilities include: * **Carbon Flat-Rolled Steel Processing:** This involves value-added processes such as pickling, specialty re-rolling, hot dip galvanizing, blanking, slitting, and cutting-to-length, based on customer requirements. * **Electrical Steel Laminations:** The company manufactures precision magnetic steel laminations for the automotive (including electrified vehicles), industrial motor, generator, and transformer industries. Services include precision manufacturing (stamping, heat treating, core assembly, die casting, bonding), material sourcing, metallurgical analysis, engineering, prototyping, product design, and tooling, delivered through a global manufacturing footprint. * **Tailor Welded Products:** This category includes tailor welded blanks and aluminum tailor welded blanks, used by North American automotive customers to reduce weight, lower cost, improve material utilization, and consolidate parts. Tailor welded blanks are made from individual sheets of steel of different thickness, strength, and coating joined by laser welding. Aluminum tailor welded blanks are processed using friction stir welding technology, which offers a wide range of formable welded properties for all automotive aluminum alloys. Worthington Steel also toll processes steel for steel mills, large end-users, and service centers.

Worthington Steel, Inc. (NYSE:WS) is a publicly traded company in the Manufacturing sector. Wiseek has independently scored 32 items for WS at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • $900M Debt Offering Launched by Worthington Steel for Kloeckner Acquisition
  • Worthington Steel Launches $900M Senior Secured Notes Offering to Fund Kloeckner Acquisition
  • Worthington Steel Advances Kloeckner Acquisition with Financing Commitments and Share Purchases
  • Worthington Steel Exceeds Kloeckner Takeover Threshold, Securing Majority Stake
  • Kloeckner Offer for Worthington Steel Crosses Acceptance Threshold

Financial Snapshot

Fiscal year ended May 31, 2026
Revenue
$3.44B
Net Income
$8.5M
Diluted EPS
$0.17
Op. Cash Flow
$201.2M
Free Cash Flow
$80M
Gross Profit
$403.3M
Operating Income
-$1.4M
Cash & Equivalents
$84.6M
Total Debt
$71.4M
Debt / Equity
0.07×
Net Margin
0.2%
Shares Outstanding
49.92M sh
Source: 10-K · filed 2026-07-30 · accession 0001968487-26-000026
$33.9
52-week range · as of 2026-09-08 $27.22 – $49.17
Market cap
$1.73B
Volume
173.5K (0.7× avg)
3-mo avg 237.2K
Live data · 2026-09-14 00:57 UTC · Market closed

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feed WS - Filings & News (Page 2)

WS
May 26, 2026, 8:23 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $40.97
Real-time Price: $33.90 info
Change: -$7.07 (-17%) info
Market Cap: $1.727B info
WS
May 26, 2026, 8:12 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $40.97
Real-time Price: $33.90 info
Change: -$7.07 (-17%) info
Market Cap: $1.727B info
WS
Apr 09, 2026, 4:07 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $34.43
Real-time Price: $33.90 info
Change: -$0.530 (-2%) info
Market Cap: $1.727B info
WS
Mar 31, 2026, 8:35 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $28.11
Real-time Price: $33.90 info
Change: +$5.79 (+21%) info
Market Cap: $1.727B info
WS
Mar 31, 2026, 8:14 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $28.11
Real-time Price: $33.90 info
Change: +$5.79 (+21%) info
Market Cap: $1.727B info
WS
Mar 26, 2026, 6:30 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $30.60
Real-time Price: $33.90 info
Change: +$3.30 (+11%) info
Market Cap: $1.727B info
WS
Mar 25, 2026, 4:29 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $29.80
Real-time Price: $33.90 info
Change: +$4.10 (+14%) info
Market Cap: $1.727B info
WS
Mar 10, 2026, 8:21 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $36.85
Real-time Price: $33.90 info
Change: -$2.95 (-8%) info
Market Cap: $1.727B info
WS
Mar 10, 2026, 7:34 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $36.85
Real-time Price: $33.90 info
Change: -$2.95 (-8%) info
Market Cap: $1.727B info
WS
Mar 02, 2026, 6:30 AM EST
Source: Reuters
Importance Score:
7
Price at Filing: $43.10
Real-time Price: $33.90 info
Change: -$9.20 (-21%) info
Market Cap: $1.727B info
WS
Jan 22, 2026, 4:30 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $40.17
Real-time Price: $33.90 info
Change: -$6.27 (-16%) info
Market Cap: $1.727B info
WS
Jan 08, 2026, 4:10 PM EST
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $36.27
Real-time Price: $33.90 info
Change: -$2.37 (-7%) info
Market Cap: $1.727B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets