Worthington Steel (WS) Asset Utilization Ratio (2024 - 2026)
Worthington Steel (WS) posted Asset Utilization Ratio of 1.51 for Q2 2026, up 0.57% sequentially from 1.5 in Q1 2026, and down 8.32% YoY from 1.64 in Q2 2025.
Worthington Steel (WS) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
Worthington Steel has reported Asset Utilization Ratio for 3 years, with the latest figure at 1.51 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 8.32% year-over-year to 1.51 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.51 (down 8.32% YoY) and the FY2026 annual result came in at 1.63, up 1.13% from the prior year.
- Asset Utilization Ratio advanced to 1.51 in Q2 2026 per WS's latest filing, from 1.5 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.85 in Q2 2024 and troughed at 1.49 in Q4 2025.
- A 3-year average of 1.67 and a median of 1.72 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 1.36% in 2025, down 19.38% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 1.84 in 2024, then fell by 19.38% to 1.49 in 2025, then rose by 1.44% to 1.51 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.51, 1.5, and 1.49 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.77 Bn | 98.88 Bn | 941.02 Mn | 0.66 |
| 2 | Nucor | 55.40 Bn | 52.70 Bn | 2.03 Bn | 0.99 |
| 3 | ArcelorMittal | 55.01 Bn | 50.16 Bn | - | 0.64 |
| 4 | Steel Dynamics | 32.67 Bn | 32.08 Bn | 958.97 Mn | 1.21 |
| 5 | Reliance | 19.68 Bn | 19.45 Bn | 1.30 Bn | 1.44 |
| 6 | Cleveland-Cliffs | 6.41 Bn | 6.34 Bn | 132.00 Mn | 0.95 |
| 7 | Gerdau | 5.43 Bn | 4.29 Bn | 558.98 Mn | 0.92 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.83 Bn | 1.04 Bn | 1.03 |
| 10 | Worthington Steel | 1.73 Bn | 1.65 Bn | 118.80 Mn | 1.51 |
Historic Data
Download 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 |