Worthington Steel (WS) Gross Margin (2022 - 2026)
Worthington Steel's (WS) quarterly Gross Margin came in at 12.79% in Q2 2026, down 246.0% year-over-year from 8.76% in Q2 2025, and up 29.33% quarter-over-quarter from 9.89% in Q1 2026.
Analysis
Worthington Steel (WS) Gross Margin (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Gross Margin across 5 years of filings, most recently posting 12.79% for Q2 2026.
- In Q2 2026, Gross Margin fell 246.0% year-over-year to 12.79%; the TTM figure through May 2026 stood at 11.71% (down 85.0% YoY), while the FY2026 annual figure was 11.71%, down 85.0% from the prior year.
- Gross Margin came in at 12.79% for Q2 2026 at Worthington Steel, up from 9.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 16.99% in Q2 2023 to a low of 3.97% in Q4 2022.
- Average Gross Margin over 5 years is 11.76%, with a median of 12.04% recorded in 2024.
- Year-over-year, Gross Margin surged 681 bps in 2024 and plunged 309 bps in 2025.
- Over 5 years, Gross Margin stood at 3.97% in 2022, then jumped by 88 bps to 7.45% in 2023, then surged by 45 bps to 10.83% in 2024, then retreated by 1 bps to 10.69% in 2025, then increased by 20 bps to 12.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 12.79% in Q2 2026, 9.89% in Q1 2026, and 10.69% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 33.19% |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 27.69% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 23.64% |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 25.01% |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 17.47% |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 31.09% |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 12.79% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 20.33% |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 17.93% |
| 10 | Insteel Industries | 595.23 Mn | 572.28 Mn | 20.10 Mn | 10.17% |
Historic Data
Download Data
Historic 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% |