Worthington Steel (WS) Work In Process (2023 - 2026)
Worthington Steel's (WS) quarterly Work In Process came in at $149.4 million in Q1 2026, up 6.26% year-on-year from $140.6 million in Q1 2025, and up 13.96% quarter-over-quarter from $131.1 million in Q4 2025.
Worthington Steel (WS) Work In Process (2023 - 2026) Analysis & Trends
Worthington Steel has disclosed Work In Process across 4 years of filings, most recently posting $149.4 million for Q1 2026.
- Work In Process for Q1 2026 came in at $149.4 million, up 6.26% year-over-year; the trailing twelve-month figure through Feb 2026 was $149.4 million (up 6.26% YoY), and the FY2025 annual result was $165.6 million, down 6.33% from the prior year.
- Work In Process came in at $149.4 million for Q1 2026 at Worthington Steel, up from $131.1 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $176.8 million in Q2 2024 to a low of $127.5 million in Q4 2024.
- The 4-year median for Work In Process is $150.2 million (2024), against an average of $153.4 million.
- Peak annual rise in Work In Process reached 12.85% in 2025, while the deepest fall reached 20.02% in 2025.
- Worthington Steel's Work In Process stood at $137.3 million in 2023, then retreated by 7.14% to $127.5 million in 2024, then rose by 2.82% to $131.1 million in 2025, then rose by 13.96% to $149.4 million in 2026.
- The last three Work In Process figures came in at $149.4 million (Q1 2026), $131.1 million (Q4 2025), and $169.5 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 | 149.40 Mn |
| Nov 30, 2025 | 131.10 Mn |
| Aug 31, 2025 | 169.50 Mn |
| May 31, 2025 | 165.60 Mn |
| Feb 28, 2025 | 140.60 Mn |
| Nov 30, 2024 | 127.50 Mn |
| Aug 31, 2024 | 150.20 Mn |
| May 31, 2024 | 176.80 Mn |
| Feb 29, 2024 | 175.80 Mn |
| Nov 30, 2023 | 137.30 Mn |
| May 31, 2023 | 164.10 Mn |