Worthington Steel (WS) Interest Coverage Ratio (2022 - 2026)
Worthington Steel's (WS) quarterly Interest Coverage Ratio came in at 3.6 in Q2 2026, down 105.42% year-over-year from 66.4 in Q2 2025, and down 343.81% quarter-over-quarter from 1.48 in Q1 2026.
Analysis
Worthington Steel (WS) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 3.6 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 105.42% year-over-year to 3.6; the TTM figure through May 2026 stood at 0.05 (down 100.24% YoY), while the FY2026 annual figure was 0.05, down 100.24% from the prior year.
- Interest Coverage Ratio came in at 3.6 for Q2 2026 at Worthington Steel, down from 1.48 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 299.33 in Q2 2023 to a low of 44.0 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 38.02, with a median of 16.66 recorded in 2025.
- Year-over-year, Interest Coverage Ratio surged 136.79% in 2025 and tumbled 105.42% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 22.11 in 2022, then sank by 98.99% to 44.0 in 2023, then jumped by 120.45% to 9.0 in 2024, then dropped by 10.7% to 8.04 in 2025, then plunged by 144.78% to 3.6 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.6 in Q2 2026, 1.48 in Q1 2026, and 8.04 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | 41.49 |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 2,313.24 |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 3.65 |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 6.84 |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 13.04 |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | - |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | -3.60 |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 4.99 |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 1.99 |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 965.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -3.60 |
| 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 | 28.04 |
| Feb 29, 2024 | 22.86 |
| Nov 30, 2023 | -44.00 |
| Aug 31, 2023 | 139.40 |
| May 31, 2023 | 299.33 |
| Feb 28, 2023 | 19.00 |
| Nov 30, 2022 | -22.11 |