Worthington Enterprises, Inc. (NYSE: WOR)

Worthington Enterprises, Inc. is a designer and manufacturer of products sold to consumers primarily through retail channels in the tools outdoor living and celebrations market categories as well as a provider of highly specialized building products for residential and non residential construction including ceiling suspension systems light gauge metal framing and pressurized containment solutions for heating cooking and cooling applications.
The company originated in 1955 as Worthington Industries and after the 2023 separation of its steel processing business adopted its current name.

The company generates revenue through the sale of consumer products such as propane filled cylinders for torches and camping stoves handheld torches helium balloon kits specialized hand tools drywall tools accessories gas grills and pizza ovens to mass merchandisers retailers and distributors.
Revenue also comes from pressurized containment solutions including refrigerant and LPG cylinders well water and expansion tanks specialty tanks and HVAC components sold to gas producers distributors and residential and non residential construction markets.

The company operates through the following segments: Consumer Products and Building Products.

• The Consumer Products segment offers a diverse range of items under brands such as Balloon Time Bernzomatic Coleman Garden Weasel General Halo Hawkeye Level5 Mag Torch Pactool International and Worthington Pro Grade including propane filled cylinders for torches and camping stoves handheld torches helium balloon kits specialized hand tools drywall tools accessories and gas grills and pizza ovens sold primarily to mass merchandisers retailers and distributors serving DIY consumers and professional contractors across five facilities in Kansas Kentucky New Jersey and Wisconsin.

• The Building Products segment provides pressurized containment solutions such as refrigerant and LPG cylinders well water and expansion tanks specialty tanks and HVAC components through wholly owned operations and the unconsolidated joint ventures WAVE and ClarkDietrich which produce ceiling suspension systems and light gauge steel framing respectively serving gas producers distributors and residential and non residential construction markets from ten facilities in Ohio New Jersey Kentucky Maryland Rhode Island Norway and Portugal.

Worthington Enterprises holds a leading position in its markets supported by strong brand recognition scale manufacturing and the Worthington Business System which drives continuous improvement through lean techniques waste reduction and cost optimization.
The company faces competition from established national brands and private label products in the consumer segment and from several domestic and foreign rivals in the building products segment yet maintains advantages via product innovation broad customer base and strategic joint ventures.

The company serves a broad customer base that includes major retail chains mass merchandisers hardware stores distributors gas producers and residential and non residential construction firms with one retail customer representing approximately twelve percent of fiscal 2025 net sales and significant international sales primarily to customers in Europe.