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
DateValue
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