Worthington Steel (WS) Interest Coverage Ratio (2022 - 2026)
Worthington Steel (WS) posted Interest Coverage Ratio of 19.1 for Q2 2026, down 1394.04% sequentially from 1.48 in Q1 2026, and down 128.77% YoY from 66.4 in Q2 2025.
Worthington Steel (WS) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Worthington Steel has reported Interest Coverage Ratio for 5 years, with the latest figure at 19.1 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 128.77% year-over-year to 19.1 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.12 (down 100.58% YoY) and the FY2026 annual result came in at 0.01, down 100.11% from the prior year.
- Interest Coverage Ratio eased to 19.1 in Q2 2026 per WS's latest filing, from 1.48 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 299.33 in Q2 2023 and troughed at 22.11 in Q4 2022.
- A 5-year average of 39.7 and a median of 16.66 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio soared 376.14% in 2024, then slumped 128.77% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 22.11 in 2022, then soared by 85.26% to 3.26 in 2023, then jumped by 376.14% to 9.0 in 2024, then fell by 10.7% to 8.04 in 2025, then plunged by 337.68% to 19.1 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 19.1, 1.48, and 8.04 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.58 Bn | 98.68 Bn | 941.02 Mn | -27.14 |
| 2 | Nucor | 55.58 Bn | 52.89 Bn | 2.03 Bn | 45.25 |
| 3 | ArcelorMittal | 54.95 Bn | 50.10 Bn | - | - |
| 4 | Steel Dynamics | 32.70 Bn | 32.11 Bn | 958.97 Mn | 17.91 |
| 5 | Reliance | 19.65 Bn | 19.42 Bn | 1.30 Bn | 24.26 |
| 6 | Cleveland-Cliffs | 6.40 Bn | 6.33 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -6.97 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.83 Bn | 1.04 Bn | -0.13 |
| 10 | Worthington Steel | 1.74 Bn | 1.65 Bn | 118.80 Mn | -3.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -19.10 |
| Feb 28, 2026 | 1.48 |
| Nov 30, 2025 | 8.04 |
| Aug 31, 2025 | 16.66 |
| May 31, 2025 | 66.40 |
| Feb 28, 2025 | 13.07 |
| Nov 30, 2024 | 9.00 |
| Aug 31, 2024 | 16.69 |
| May 31, 2024 | 74.78 |
| Feb 29, 2024 | 22.86 |
| Nov 30, 2023 | -3.26 |
| Aug 31, 2023 | 139.40 |
| May 31, 2023 | 299.33 |
| Feb 28, 2023 | 19.00 |
| Nov 30, 2022 | -22.11 |