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| Date | Value |
|---|---|
| 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% |