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| Date | Value |
|---|---|
| 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 |