Worthington Steel (WS) Equity Ratio (2023 - 2026)

Worthington Steel's (WS) quarterly Equity Ratio came in at 0.49 in Q1 2026, down 23.54% year-on-year from 0.64 in Q1 2025, and down 16.38% quarter-over-quarter from 0.58 in Q4 2025.

Worthington Steel (WS) Equity Ratio (2023 - 2026) Analysis & Trends

Worthington Steel has disclosed Equity Ratio across 4 years of filings, most recently posting 0.49 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.49, down 23.54% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.49 (down 23.54% YoY), and the FY2025 annual result was 0.55, down 8.56% from the prior year.
  • Equity Ratio came in at 0.49 for Q1 2026 at Worthington Steel, down from 0.58 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.66 in Q4 2024 to a low of 0.49 in Q1 2026.
  • The 4-year median for Equity Ratio is 0.6 (2024), against an average of 0.59.
  • Across the five-year window, Equity Ratio increased 9.73% in 2025 and decreased 23.54% in 2026, its largest moves.
  • Worthington Steel's Equity Ratio stood at 0.62 in 2023, then grew by 6.63% to 0.66 in 2024, then retreated by 11.78% to 0.58 in 2025, then dropped by 16.38% to 0.49 in 2026.
  • The last three Equity Ratio figures came in at 0.49 (Q1 2026), 0.58 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 0.60
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.55
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 0.66
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 0.29
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 0.17
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 0.49
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 0.64

Historic Data

Download Data
DateValue
Feb 28, 2026 0.49
Nov 30, 2025 0.58
Aug 31, 2025 0.55
May 31, 2025 0.55
Feb 28, 2025 0.64
Nov 30, 2024 0.66
Aug 31, 2024 0.62
May 31, 2024 0.60
Feb 29, 2024 0.58
Nov 30, 2023 0.62
May 31, 2023 0.65