Worthington Steel (WS) Operating Expenses (2022 - 2026)
Worthington Steel's (WS) quarterly Operating Expenses came in at $81.1 million in Q2 2026, up 33.83% year-over-year from $60.6 million in Q2 2025, and up 13.43% quarter-over-quarter from $71.5 million in Q1 2026.
Analysis
Worthington Steel (WS) Operating Expenses (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Operating Expenses across 5 years of filings, most recently posting $81.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 33.83% year-over-year to $81.1 million; the TTM figure through May 2026 stood at $290.4 million (up 24.0% YoY), while the FY2026 annual figure was $290.4 million, up 24.0% from the prior year.
- Operating Expenses came in at $81.1 million for Q2 2026 at Worthington Steel, up from $71.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $81.1 million in Q2 2026 to a low of $46.4 million in Q4 2022.
- Average Operating Expenses over 5 years is $59.9 million, with a median of $57.0 million recorded in 2024.
- Year-over-year, Operating Expenses slipped 4.87% in 2025 and soared 33.83% in 2026.
- Over 5 years, Operating Expenses stood at $46.4 million in 2022, then rose by 16.59% to $54.1 million in 2023, then increased by 12.94% to $61.1 million in 2024, then gained by 16.04% to $70.9 million in 2025, then gained by 14.39% to $81.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $81.1 million in Q2 2026, $71.5 million in Q1 2026, and $70.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | -484.11 Mn |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 85.19 Mn |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 89.10 Mn |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 35.14 Mn |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 115.00 Mn |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 143.84 Mn |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 81.10 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 129.90 Mn |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 54.40 Mn |
| 10 | Insteel Industries | 595.23 Mn | 572.28 Mn | 20.10 Mn | 8.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 81.10 Mn |
| Feb 28, 2026 | 71.50 Mn |
| Nov 30, 2025 | 70.90 Mn |
| Aug 31, 2025 | 66.90 Mn |
| May 31, 2025 | 60.60 Mn |
| Feb 28, 2025 | 55.50 Mn |
| Nov 30, 2024 | 61.10 Mn |
| Aug 31, 2024 | 57.00 Mn |
| May 31, 2024 | 63.70 Mn |
| Feb 29, 2024 | 52.80 Mn |
| Nov 30, 2023 | 54.10 Mn |
| Aug 31, 2023 | 53.80 Mn |
| May 31, 2023 | 53.10 Mn |
| Feb 28, 2023 | 49.70 Mn |
| Nov 30, 2022 | 46.40 Mn |