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