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
DateValue
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