Worthington Steel (WS) Operating Expenses (2022 - 2026)
Worthington Steel (WS) posted Operating Expenses of $81.1 million for Q2 2026, up 13.43% sequentially from $71.5 million in Q1 2026, and up 33.83% YoY from $60.6 million in Q2 2025.
Worthington Steel (WS) Operating Expenses (2022 - 2026) Analysis & Trends
Worthington Steel has reported Operating Expenses for 5 years, with the latest figure at $81.1 million in Q2 2026.
- Quarterly Operating Expenses rose 33.83% year-over-year to $81.1 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $290.4 million (up 24.0% YoY) and the FY2026 annual result came in at $290.4 million, up 24.0% from the prior year.
- Operating Expenses grew to $81.1 million in Q2 2026 per WS's latest filing, from $71.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $81.1 million in Q2 2026 and troughed at $46.4 million in Q4 2022.
- A 5-year average of $59.9 million and a median of $57.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses dropped 4.87% in 2025, then jumped 33.83% in 2026.
- Over 5 years, Operating Expenses stood at $46.4 million in 2022, then advanced by 16.59% to $54.1 million in 2023, then gained by 12.94% to $61.1 million in 2024, then climbed by 16.04% to $70.9 million in 2025, then climbed by 14.39% to $81.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $81.1 million, $71.5 million, and $70.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -427.76 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 405.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -780.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 193.45 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -64.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -65.40 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 81.10 Mn |
Historic Data
Download 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 |