Worthington Steel (WS) Asset Writedowns and Impairment (2022 - 2026)

Worthington Steel's (WS) quarterly Asset Writedowns and Impairment came in at $1.5 million in Q1 2026, down 79.73% year-on-year from $7.4 million in Q1 2025, and up 150.0% quarter-over-quarter from $600000.0 in Q4 2025.

Worthington Steel (WS) Asset Writedowns and Impairment (2022 - 2026) Analysis & Trends

Worthington Steel has disclosed Asset Writedowns and Impairment across 5 years of filings, most recently posting $1.5 million for Q1 2026.

  • Asset Writedowns and Impairment for Q1 2026 came in at $1.5 million, down 79.73% year-over-year; the trailing twelve-month figure through Feb 2026 was $7.5 million (down 15.73% YoY), and the FY2025 annual result was $7.4 million, up 572.73% from the prior year.
  • Asset Writedowns and Impairment came in at $1.5 million for Q1 2026 at Worthington Steel, up from $600000.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $7.4 million in Q1 2025 to a low of -$200000.0 in Q3 2024.
  • The 5-year median for Asset Writedowns and Impairment is $1.4 million (2023), against an average of $2.1 million.
  • Across the five-year window, Asset Writedowns and Impairment plunged 114.29% in 2024 and jumped 223.53% in 2025, its largest moves.
  • Worthington Steel's Asset Writedowns and Impairment stood at $1.0 million in 2022, then surged by 40.0% to $1.4 million in 2023, then slumped by 114.29% to -$200000.0 in 2024, then jumped by 400.0% to $600000.0 in 2025, then jumped by 150.0% to $1.5 million in 2026.
  • The last three Asset Writedowns and Impairment figures came in at $1.5 million (Q1 2026), $600000.0 (Q4 2025), and -$100000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn

Historic Data

Download Data
DateValue
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 5.50 Mn
May 31, 2025 5.50 Mn
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 1.80 Mn
May 31, 2023 1.80 Mn
Nov 30, 2022 1.00 Mn
Nov 30, 2022 1.00 Mn