Worthington Steel (WS) Interest Expenses (2022 - 2026)
Worthington Steel's (WS) quarterly Interest Expenses came in at $20.7 million in Q2 2026, up 1970.0% year-over-year from $1.0 million in Q2 2025, and up 885.71% quarter-over-quarter from $2.1 million in Q1 2026.
Analysis
Worthington Steel (WS) Interest Expenses (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Interest Expenses across 5 years of filings, most recently posting $20.7 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 1970.0% year-over-year to $20.7 million; the TTM figure through May 2026 stood at $28.4 million (up 300.0% YoY), while the FY2026 annual figure was $28.4 million, up 300.0% from the prior year.
- Interest Expenses came in at $20.7 million for Q2 2026 at Worthington Steel, up from $2.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $20.7 million in Q2 2026 to a low of $200000.0 in Q4 2023.
- Average Interest Expenses over 5 years is $2.9 million, with a median of $2.1 million recorded in 2024.
- Year-over-year, Interest Expenses plunged 77.78% in 2023 and surged 1970.0% in 2026.
- Over 5 years, Interest Expenses stood at $900000.0 in 2022, then sank by 77.78% to $200000.0 in 2023, then surged by 950.0% to $2.1 million in 2024, then increased by 28.57% to $2.7 million in 2025, then soared by 666.67% to $20.7 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $20.7 million in Q2 2026, $2.1 million in Q1 2026, and $2.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | -11.91 Mn |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 134,000.00 |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 23.10 Mn |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 11.26 Mn |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 28.00 Mn |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | - |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | 20.70 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 14.70 Mn |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 12.30 Mn |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 12,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 20.70 Mn |
| Feb 28, 2026 | 2.10 Mn |
| Nov 30, 2025 | 2.70 Mn |
| Aug 31, 2025 | 2.90 Mn |
| May 31, 2025 | 1.00 Mn |
| Feb 28, 2025 | 1.40 Mn |
| Nov 30, 2024 | 2.10 Mn |
| Aug 31, 2024 | 2.60 Mn |
| May 31, 2024 | 2.40 Mn |
| Feb 29, 2024 | 2.90 Mn |
| Nov 30, 2023 | 200,000.00 |
| Aug 31, 2023 | 500,000.00 |
| May 31, 2023 | 300,000.00 |
| Feb 28, 2023 | 500,000.00 |
| Nov 30, 2022 | 900,000.00 |