Worthington Steel (WS) Operating Margin (2022 - 2026)
Worthington Steel (WS) posted Operating Margin of 8.02% for Q2 2026, down 2090.96% sequentially from 0.4% in Q1 2026, and down 1599.0% YoY from 0.53% in Q2 2025.
Worthington Steel (WS) Operating Margin (2022 - 2026) Analysis & Trends
Worthington Steel has reported Operating Margin for 5 years, with the latest figure at 8.02% in Q2 2026.
- Quarterly Operating Margin fell 1599.0% year-over-year to 8.02% in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.04% (down 479.0% YoY) and the FY2026 annual result came in at 0.04%, down 479.0% from the prior year.
- Operating Margin slipped to 8.02% in Q2 2026 per WS's latest filing, from 0.4% in the prior quarter.
- Over five years, Operating Margin peaked at 10.16% in Q2 2023 and troughed at 8.02% in Q2 2026.
- A 5-year average of 3.34% and a median of 2.66% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2026: Operating Margin jumped 701 bps in 2024, then plunged 1599 bps in 2026.
- Over 5 years, Operating Margin stood at 2.29% in 2022, then jumped by 52 bps to 1.09% in 2023, then surged by 335 bps to 2.56% in 2024, then decreased by 3 bps to 2.49% in 2025, then tumbled by 422 bps to 8.02% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 8.02%, 0.4%, and 2.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 31.54% |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 15.67% |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 11.50% |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 9.54% |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | -0.94% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 17.67% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 2.35% |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | -8.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -8.02% |
| Feb 28, 2026 | 0.40% |
| Nov 30, 2025 | 2.49% |
| Aug 31, 2025 | 5.53% |
| May 31, 2025 | 7.97% |
| Feb 28, 2025 | 2.66% |
| Nov 30, 2024 | 2.56% |
| Aug 31, 2024 | 5.20% |
| May 31, 2024 | 7.39% |
| Feb 29, 2024 | 8.23% |
| Nov 30, 2023 | -1.09% |
| Aug 31, 2023 | 7.69% |
| May 31, 2023 | 10.16% |
| Feb 28, 2023 | 1.22% |
| Nov 30, 2022 | -2.29% |