Worthington Steel (WS) Net Margin (2022 - 2026)

Worthington Steel's (WS) quarterly Net Margin came in at 1.4% in Q1 2026, down 36.0% year-on-year from 2.19% in Q1 2025, and down 43.11% quarter-over-quarter from 2.47% in Q4 2025.

Worthington Steel (WS) Net Margin (2022 - 2026) Analysis & Trends

Worthington Steel has disclosed Net Margin across 5 years of filings, most recently posting 1.4% for Q1 2026.

  • Net Margin for Q1 2026 came in at 1.4%, down 36.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 3.55% (up 152.0% YoY), and the FY2025 annual result was 3.58%, up 7.0% from the prior year.
  • Net Margin came in at 1.4% for Q1 2026 at Worthington Steel, down from 2.47% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 6.86% in Q3 2023 to a low of 3.52% in Q2 2023.
  • The 5-year median for Net Margin is 1.97% (2024), against an average of 2.26%.
  • Across the five-year window, Net Margin soared 531 bps in 2024 and tumbled 474 bps in 2025, its largest moves.
  • Worthington Steel's Net Margin stood at 1.44% in 2022, then soared by 82 bps to 0.26% in 2023, then soared by 938 bps to 2.18% in 2024, then grew by 13 bps to 2.47% in 2025, then slumped by 43 bps to 1.4% in 2026.
  • The last three Net Margin figures came in at 1.4% (Q1 2026), 2.47% (Q4 2025), and 4.16% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 5.41%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 9.16%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 3.72%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 7.69%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 6.58%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -4.82%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 53.69%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -10.87%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.40%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 7.62%

Historic Data

Download Data
DateValue
Feb 28, 2026 1.40%
Nov 30, 2025 2.47%
Aug 31, 2025 4.16%
May 31, 2025 6.04%
Feb 28, 2025 1.76%
Nov 30, 2024 2.18%
Aug 31, 2024 3.41%
May 31, 2024 0.86%
Feb 29, 2024 6.50%
Nov 30, 2023 -0.26%
Aug 31, 2023 6.86%
May 31, 2023 -3.52%
Feb 28, 2023 1.19%
Nov 30, 2022 -1.44%