Worthington Steel (WS) Construction in Progress (2023 - 2026)
Worthington Steel (WS) posted Construction in Progress of $105.9 million for Q2 2026, down 42.1% sequentially from $182.9 million in Q1 2026, and down 20.2% YoY from $132.7 million in Q2 2025.
Worthington Steel (WS) Construction in Progress (2023 - 2026) Analysis & Trends
Worthington Steel has reported Construction in Progress for 4 years, with the latest figure at $105.9 million in Q2 2026.
- Quarterly Construction in Progress fell 20.2% year-over-year to $105.9 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $105.9 million (down 20.2% YoY) and the FY2026 annual result came in at $105.9 million, down 20.2% from the prior year.
- Construction in Progress slipped to $105.9 million in Q2 2026 per WS's latest filing, from $182.9 million in the prior quarter.
- Over five years, Construction in Progress peaked at $182.9 million in Q1 2026 and troughed at $20.3 million in Q2 2023.
- A 4-year average of $105.0 million and a median of $108.0 million in 2024 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2024 and 2026: Construction in Progress surged 311.82% in 2024, then dropped 20.2% in 2026.
- Over 4 years, Construction in Progress stood at $42.1 million in 2023, then surged by 161.28% to $110.0 million in 2024, then surged by 54.55% to $170.0 million in 2025, then sank by 37.71% to $105.9 million in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $105.9 million, $182.9 million, and $170.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 113.74 Bn | 103.84 Bn | 941.02 Mn | - |
| 2 | Nucor | 56.55 Bn | 53.86 Bn | 2.03 Bn | - |
| 3 | ArcelorMittal | 55.73 Bn | 50.88 Bn | - | - |
| 4 | Steel Dynamics | 32.82 Bn | 32.23 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.73 Bn | 19.50 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.51 Bn | 6.44 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.48 Bn | 4.35 Bn | 558.98 Mn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.31 Bn | 1.81 Bn | 1.04 Bn | - |
| 10 | Worthington Steel | 1.75 Bn | 1.67 Bn | 118.80 Mn | 105.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 105.90 Mn |
| Feb 28, 2026 | 182.90 Mn |
| Nov 30, 2025 | 170.00 Mn |
| Aug 31, 2025 | 151.70 Mn |
| May 31, 2025 | 132.70 Mn |
| Feb 28, 2025 | 113.10 Mn |
| Nov 30, 2024 | 110.00 Mn |
| Aug 31, 2024 | 99.10 Mn |
| May 31, 2024 | 83.60 Mn |
| Feb 29, 2024 | 48.90 Mn |
| Nov 30, 2023 | 42.10 Mn |
| May 31, 2023 | 20.30 Mn |