Worthington Steel (WS) Work In Process (2023 - 2026)
Worthington Steel (WS) posted Work In Process of $145.9 million for Q2 2026, down 2.34% sequentially from $149.4 million in Q1 2026, and down 11.9% YoY from $165.6 million in Q2 2025.
Worthington Steel (WS) Work In Process (2023 - 2026) Analysis & Trends
Worthington Steel has reported Work In Process for 4 years, with the latest figure at $145.9 million in Q2 2026.
- Quarterly Work In Process fell 11.9% year-over-year to $145.9 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $145.9 million (down 11.9% YoY) and the FY2026 annual result came in at $145.9 million, down 11.9% from the prior year.
- Work In Process slipped to $145.9 million in Q2 2026 per WS's latest filing, from $149.4 million in the prior quarter.
- Over five years, Work In Process peaked at $176.8 million in Q2 2024 and troughed at $127.5 million in Q4 2024.
- A 4-year average of $152.8 million and a median of $149.8 million in 2024 frame the typical range for Work In Process.
- The widest YoY moves for Work In Process: up 12.85% in 2025, down 20.02% in 2025.
- Over 4 years, Work In Process stood at $137.3 million in 2023, then slipped by 7.14% to $127.5 million in 2024, then advanced by 2.82% to $131.1 million in 2025, then increased by 11.29% to $145.9 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $145.9 million, $149.4 million, and $131.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 109.02 Bn | 99.13 Bn | 941.02 Mn |
| 2 | Nucor | 55.44 Bn | 52.75 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 55.01 Bn | 50.16 Bn | - |
| 4 | Steel Dynamics | 32.68 Bn | 32.10 Bn | 958.97 Mn |
| 5 | Reliance | 19.70 Bn | 19.46 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.45 Bn | 6.38 Bn | 132.00 Mn |
| 7 | Gerdau | 5.44 Bn | 4.30 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.57 Bn | 3.01 Bn | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.72 Bn | 1.64 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 145.90 Mn |
| 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 |