Worthington Steel WS
NYSE WS
$34.93 +0.98 (+2.89%)
At close: Aug 21, 2026 · 4:00 PM EDT

Worthington Steel (WS) Asset Writedowns and Impairment (2023 - 2026)

Worthington Steel (WS) posted Asset Writedowns and Impairment of $112.2 million for Q2 2026, up 7380.0% sequentially from $1.5 million in Q1 2026.

Worthington Steel (WS) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends

Worthington Steel has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $112.2 million in Q2 2026.

  • Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $112.2 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $114.2 million (up 1486.11% YoY) and the FY2026 annual result came in at $114.3 million, up 1444.59% from the prior year.
  • Asset Writedowns and Impairment rose to $112.2 million in Q2 2026 per WS's latest filing, from $1.5 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $112.2 million in Q2 2026 and troughed at -$1.5 million in Q2 2023.
  • A 5-year average of $12.5 million and a median of $1.2 million in 2022 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2024 and 2025: Asset Writedowns and Impairment plunged 114.29% in 2024, then soared 50.0% in 2025.
  • Over 5 years, Asset Writedowns and Impairment stood at $1.0 million in 2022, then jumped by 40.0% to $1.4 million in 2023, then slumped by 114.29% to -$200000.0 in 2024, then soared by 400.0% to $600000.0 in 2025, then jumped by 18600.0% to $112.2 million in 2026.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $112.2 million, $1.5 million, and $600000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 108.84 Bn 98.95 Bn 941.02 Mn
2 Nucor 55.75 Bn 53.05 Bn 2.03 Bn
3 ArcelorMittal 54.97 Bn 50.12 Bn -
4 Steel Dynamics 32.99 Bn 32.40 Bn 958.97 Mn
5 Reliance 19.82 Bn 19.59 Bn 1.30 Bn
6 Cleveland-Cliffs 6.46 Bn 6.39 Bn 132.00 Mn
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn
8 GRUPO SIMEC, S.A.B. de C.V 4.53 Bn 2.97 Bn -
9 Posco Holdings 4.32 Bn 1.83 Bn 1.04 Bn
10 Worthington Steel 1.74 Bn 1.66 Bn 118.80 Mn

Historic Data

Download Data
DateValue
May 31, 2026 112.20 Mn
May 31, 2026 112.20 Mn
Feb 28, 2026 1.50 Mn
Feb 28, 2026 1.50 Mn
Nov 30, 2025 600,000.00
Nov 30, 2025 600,000.00
Aug 31, 2025 -100,000.00
Aug 31, 2025 -100,000.00
May 31, 2025 200,000.00
May 31, 2025 200,000.00
Feb 28, 2025 7.40 Mn
Feb 28, 2025 7.40 Mn
Aug 31, 2024 -200,000.00
Aug 31, 2024 -200,000.00
May 31, 2024 1.70 Mn
May 31, 2024 1.70 Mn
Aug 31, 2023 1.40 Mn
Aug 31, 2023 1.40 Mn
May 31, 2023 -1.50 Mn
May 31, 2023 -1.50 Mn