Worthington Steel (WS) Gross Margin (2022 - 2026)
Worthington Steel (WS) posted Gross Margin of 12.79% for Q2 2026, up 29.33% sequentially from 9.89% in Q1 2026, and down 246.0% YoY from 8.76% in Q2 2025.
Worthington Steel (WS) Gross Margin (2022 - 2026) Analysis & Trends
Worthington Steel has reported Gross Margin for 5 years, with the latest figure at 12.79% in Q2 2026.
- Quarterly Gross Margin fell 246.0% year-over-year to 12.79% in Q2 2026, while the trailing twelve-month figure through May 2026 was 11.71% (down 85.0% YoY) and the FY2026 annual result came in at 11.71%, down 85.0% from the prior year.
- Gross Margin grew to 12.79% in Q2 2026 per WS's latest filing, from 9.89% in the prior quarter.
- Over five years, Gross Margin peaked at 16.99% in Q2 2023 and troughed at 3.97% in Q4 2022.
- A 5-year average of 11.76% and a median of 12.04% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 681 bps in 2024, then sank 309 bps in 2025.
- Over 5 years, Gross Margin stood at 3.97% in 2022, then soared by 88 bps to 7.45% in 2023, then jumped by 45 bps to 10.83% in 2024, then slipped by 1 bps to 10.69% in 2025, then gained by 20 bps to 12.79% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 12.79%, 9.89%, and 10.69% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 19.56% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 15.74% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 28.09% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 2.53% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 15.83% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 16.96% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 12.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 12.79% |
| Feb 28, 2026 | 9.89% |
| Nov 30, 2025 | 10.69% |
| Aug 31, 2025 | 13.20% |
| May 31, 2025 | 15.25% |
| Feb 28, 2025 | 11.81% |
| Nov 30, 2024 | 10.83% |
| Aug 31, 2024 | 12.04% |
| May 31, 2024 | 14.38% |
| Feb 29, 2024 | 14.90% |
| Nov 30, 2023 | 7.45% |
| Aug 31, 2023 | 14.19% |
| May 31, 2023 | 16.99% |
| Feb 28, 2023 | 8.10% |
| Nov 30, 2022 | 3.97% |