Worthington Stock Price, News & Analysis

Worthington Enterprises (NYSE:WOR) reported its Q4 fiscal 2025 results with mixed performance. Net sales slightly decreased by 0.3% to $317.9 million, while net earnings from continuing operations increased 111% to $3.6 million. The company's adjusted EBITDA grew 35% to $85.1 million, and adjusted EPS improved from $0.74 to $1.06 per share.

Notable developments include a 12% dividend increase to $0.19 per share and the acquisition of Elgen Manufacturing for approximately $93 million. The company maintained strong liquidity with $250.1 million in cash and generated operating cash flow of $62.4 million, up 38% year-over-year.

Worthington Enterprises (NYSE: WOR) has announced a 12% increase in its quarterly dividend to $0.19 per share, representing a $0.02 increase from the previous quarter. The dividend will be paid on September 29, 2025, to shareholders of record as of September 15, 2025.

The company has maintained a consistent track record of paying quarterly dividends since its IPO in 1968. Additionally, Worthington will host its quarterly earnings conference call on June 25, 2025, at 8:30 a.m. ET to discuss its fiscal fourth quarter results, which will be released after market close on June 24.

Worthington Enterprises (NYSE: WOR) has acquired Elgen Manufacturing for $93 million in cash, expanding its Building Products segment portfolio. Elgen, based in Closter, New Jersey, is a leading manufacturer of HVAC parts, components, ductwork, and structural framing for commercial buildings in North America. The acquisition brings 250 employees and trailing 12-month revenues of $114.9 million with EBITDA of $13.3 million as of April 2025. Elgen's business model focuses on maintenance, repair, and remodel of existing HVAC installations, providing direct sales to contractors and strategic distributor partnerships. The deal aims to leverage Worthington's domestic footprint, manufacturing expertise, and purchasing power while maintaining Elgen's current leadership team, including CEO David Young.

Worthington Enterprises (NYSE: WOR) has announced its upcoming fourth quarter 2025 earnings conference call, scheduled for Wednesday, June 25, 2025, at 8:30 a.m. ET. The company will release its fiscal Q4 results after market close on June 24. Investors and interested parties can access the live audio webcast through the company's investor relations website at IR.worthingtonenterprises.com. A replay of the call will be available in the Investors section approximately two hours after the call concludes and will remain accessible for one year. Domestic participants can join via phone using the number 888-330-3567 with conference ID 1777337.

Worthington Enterprises (NYSE: WOR) reported its Q3 fiscal 2025 results with mixed performance. Net sales decreased 4% to $304.5 million, primarily due to the deconsolidation of the Sustainable Energy Solutions segment, though partially offset by volume growth and Ragasco business acquisition.

Key highlights include:

• Earnings per share from continuing operations up 80% to $0.79
• Adjusted EPS grew 14% to $0.91
• Operating cash flow increased 14% to $57.1 million
• Free cash flow rose 11% to $44.4 million

The company maintained a strong balance sheet with $222.8 million in cash and $293.9 million in long-term debt. Consumer Products segment saw net sales increase 4.9% to $139.7 million, while Building Products segment grew 11.2% to $164.8 million. The company repurchased 150,000 shares for $6.2 million and declared a quarterly dividend of $0.17 per share.

Worthington Enterprises (NYSE: WOR) has declared a quarterly dividend of $0.17 per share, payable on June 27, 2025, to shareholders of record on June 13, 2025. The company has maintained its dividend payment tradition since its IPO in 1968.

The Board of Directors has appointed Brant Standridge as its newest member. Standridge, currently serving as senior executive vice president at Huntington National Bank and president of Consumer and Regional banking operations, brings expertise in consumer behavior, trends, and M&A experience.

The company will hold its quarterly earnings conference call on March 26, 2025, at 8:30 a.m. ET to discuss fiscal third quarter results, which will be released after market close on March 25, 2025.

Worthington Enterprises (NYSE: WOR) has announced its upcoming fiscal third quarter 2025 earnings conference call, scheduled for Wednesday, March 26, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on March 25, 2025.

Investors and interested parties can access the live audio webcast through the company's investor relations website at IR.worthingtonenterprises.com. A replay of the call will be available in the Investors section approximately two hours after the call concludes and will remain accessible for one year.

Worthington Enterprises (NYSE: WOR) supports the PHMSA's January 13, 2025 safety advisory regarding unsafe pressure cylinders manufactured by non-U.S. companies. As the only American manufacturer of many steel cylinder sizes used for critical infrastructure, Worthington emphasizes concerns about non-compliant cylinders from China and other countries undermining DOT safety standards.

The company backs the Compressed Gas Cylinder Safety and Oversight Improvements Act of 2023, which aims to establish regulations for foreign-manufactured cylinders sold in the US. The bill would implement facility inspections and compliance protocols. Worthington manufactures cylinders across multiple U.S. facilities in Kansas, Kentucky, Ohio, Rhode Island, and Wisconsin.

Worthington Enterprises (NYSE: WOR) reported fiscal Q2 2025 results with net sales of $274.0 million, down 8% year-over-year due to SES segment deconsolidation. Despite lower sales, the company achieved improved profitability with adjusted EPS from continuing operations up 5% to $0.60 and adjusted EBITDA increasing 2% to $56.2 million.

The Consumer Products segment saw net sales decrease 2.2% to $116.7 million, while adjusted EBITDA improved due to higher volumes and better margins. The Building Products segment's net sales grew 4% to $157.3 million, driven by Ragasco acquisition. The company maintained strong liquidity with $193.8 million in cash and repurchased 200,000 shares for $8.1 million during the quarter.