Worthington Steel (WS) Net Income (2022 - 2026)
Worthington Steel (WS) posted Net Income of -$54.0 million for Q2 2026, down 600.0% sequentially from $10.8 million in Q1 2026, and down 196.77% YoY from $55.8 million in Q2 2025.
Worthington Steel (WS) Net Income (2022 - 2026) Analysis & Trends
Worthington Steel has reported Net Income for 5 years, with the latest figure at -$54.0 million in Q2 2026.
- Quarterly Net Income fell 196.77% year-over-year to -$54.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $16.9 million (down 85.46% YoY) and the FY2026 annual result came in at $16.9 million, down 85.46% from the prior year.
- Net Income fell to -$54.0 million in Q2 2026 per WS's latest filing, from $10.8 million in the prior quarter.
- Over five years, Net Income peaked at $62.1 million in Q3 2023 and troughed at -$54.0 million in Q2 2026.
- A 5-year average of $24.1 million and a median of $21.5 million in 2025 frame the typical range for Net Income.
- The sharpest annual moves came in 2024 and 2026: Net Income soared 866.67% in 2024, then slumped 196.77% in 2026.
- Over 5 years, Net Income stood at -$12.5 million in 2022, then soared by 83.2% to -$2.1 million in 2023, then jumped by 866.67% to $16.1 million in 2024, then jumped by 33.54% to $21.5 million in 2025, then plunged by 351.16% to -$54.0 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$54.0 million, $10.8 million, and $21.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 510.31 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 1.28 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 1.04 Bn |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 530.79 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 323.60 Mn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | -134.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 510.51 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 310.09 Mn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | -54.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -54.00 Mn |
| Feb 28, 2026 | 10.80 Mn |
| Nov 30, 2025 | 21.50 Mn |
| Aug 31, 2025 | 38.60 Mn |
| May 31, 2025 | 25.40 Mn |
| Feb 28, 2025 | 12.10 Mn |
| Nov 30, 2024 | 16.10 Mn |
| Aug 31, 2024 | 32.20 Mn |
| May 31, 2024 | 42.30 Mn |
| Feb 29, 2024 | 52.40 Mn |
| Nov 30, 2023 | -2.10 Mn |
| Aug 31, 2023 | 62.10 Mn |
| May 31, 2023 | 71.60 Mn |
| Feb 28, 2023 | 9.30 Mn |
| Nov 30, 2022 | -12.50 Mn |