Worthington Steel (WS) Operating Leases (2023 - 2026)
Worthington Steel's (WS) quarterly Operating Leases came in at $82.4 million in Q1 2026, up 18.39% year-on-year from $69.6 million in Q1 2025, and up 4.97% quarter-over-quarter from $78.5 million in Q4 2025.
Worthington Steel (WS) Operating Leases (2023 - 2026) Analysis & Trends
Worthington Steel has disclosed Operating Leases across 4 years of filings, most recently posting $82.4 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $82.4 million, up 18.39% year-over-year; the trailing twelve-month figure through Feb 2026 was $82.4 million (up 18.39% YoY), and the FY2025 annual result was $68.7 million, up 0.59% from the prior year.
- Operating Leases came in at $82.4 million for Q1 2026 at Worthington Steel, up from $78.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $82.4 million in Q1 2026 to a low of $64.6 million in Q4 2024.
- The 4-year median for Operating Leases is $69.0 million (2023), against an average of $71.7 million.
- Across the five-year window, Operating Leases dropped 6.38% in 2024 and increased 21.84% in 2025, its largest moves.
- Worthington Steel's Operating Leases stood at $69.0 million in 2023, then declined by 6.38% to $64.6 million in 2024, then gained by 21.52% to $78.5 million in 2025, then rose by 4.97% to $82.4 million in 2026.
- The last three Operating Leases figures came in at $82.4 million (Q1 2026), $78.5 million (Q4 2025), and $80.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 82.40 Mn |
| Nov 30, 2025 | 78.50 Mn |
| Aug 31, 2025 | 80.90 Mn |
| May 31, 2025 | 68.70 Mn |
| Feb 28, 2025 | 69.60 Mn |
| Nov 30, 2024 | 64.60 Mn |
| Aug 31, 2024 | 66.40 Mn |
| May 31, 2024 | 68.30 Mn |
| Feb 29, 2024 | 68.40 Mn |
| Nov 30, 2023 | 69.00 Mn |
| May 31, 2023 | 71.70 Mn |