Worthington Steel (WS) Asset Utilization Ratio (2024 - 2026)
Worthington Steel's (WS) quarterly Asset Utilization Ratio came in at 1.51 in Q2 2026, down 8.32% year-over-year from 1.64 in Q2 2025, and up 0.57% quarter-over-quarter from 1.5 in Q1 2026.
Analysis
Worthington Steel (WS) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
Worthington Steel has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 1.51 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 8.32% year-over-year to 1.51; the TTM figure through May 2026 stood at 1.51 (down 8.32% YoY), while the FY2026 annual figure was 1.63, up 1.13% from the prior year.
- Asset Utilization Ratio came in at 1.51 for Q2 2026 at Worthington Steel, up from 1.5 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.85 in Q2 2024 to a low of 1.49 in Q4 2025.
- Average Asset Utilization Ratio over 3 years is 1.67, with a median of 1.72 recorded in 2025.
- The largest YoY upside for Asset Utilization Ratio was 1.36% in 2025 against a maximum downside of 19.38% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 1.84 in 2024, then dropped by 19.38% to 1.49 in 2025, then grew by 1.44% to 1.51 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.51 in Q2 2026, 1.5 in Q1 2026, and 1.49 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | 0.59 |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 1.14 |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 0.53 |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 0.75 |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 1.61 |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | 1.24 |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | 1.51 |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 1.09 |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 1.14 |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 1.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.51 |
| Feb 28, 2026 | 1.50 |
| Nov 30, 2025 | 1.49 |
| Aug 31, 2025 | 1.49 |
| May 31, 2025 | 1.64 |
| Feb 28, 2025 | 1.79 |
| Nov 30, 2024 | 1.84 |
| Aug 31, 2024 | 1.82 |
| May 31, 2024 | 1.85 |
| Feb 29, 2024 | 1.82 |