Worthington Steel Stock Price, News & Analysis
Company Description
Worthington Steel, Inc. processes carbon flat-rolled steel and manufactures value-added steel products for customers that require material finished to specific dimensions, shapes and surface characteristics. The company buys coils of steel from primary steel producers and processes those coils to meet customer specifications for type, thickness, length, width, shape and surface quality. Its common shares trade on the New York Stock Exchange under the symbol WS.
The company’s core operating activities center on steel processing rather than primary steelmaking. Worthington Steel’s product lines and capabilities include carbon flat-rolled steel processing, electrical steel laminations and tailor welded products. The company also describes its value-added processing capabilities as including galvanizing, pickling, configured blanking, specialty cold reduction, lightweighting and electrical lamination. These processes convert purchased steel coils into forms used by customers that need material with defined physical, dimensional and surface properties.
Worthington Steel’s operations include a manufacturing footprint in the United States and international markets, including Canada, Mexico, China, India and Germany. The company generates most of its revenue in the United States, with additional revenue from Canada, Mexico and other regions. Its operating model depends on the purchase of steel coils, processing capacity, customer specifications and the delivery of finished or semi-finished steel products into downstream manufacturing and industrial supply chains.
The company is headquartered in Columbus, Ohio, and is incorporated in Ohio. Public-company disclosures identify Worthington Steel’s registered security as common shares, without par value, listed on the New York Stock Exchange. Its recurring corporate disclosures cover operating results, dividends, material agreements, governance matters and shareholder votes.
Stock Performance
Worthington Steel (WS) stock last traded at $42.80, down 2.11% from the previous close. Over the past 12 months, the stock has gained 63.0%, ranking #286 in 52-week price change. At a market capitalization of $2.1B, WS is classified as a mid-cap stock with approximately 50.8M shares outstanding.
WS Rankings
Latest News
Worthington Steel has 10 recent news articles, with the latest published 2 days ago. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. Key topics include acquisition, conferences, earnings, offering, earnings date. View all WS news →
SEC Filings
Worthington Steel has filed 5 recent SEC filings, including 2 Form 4, 2 Form 8-K, 1 Form 144. The most recent filing was submitted on June 3, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all WS SEC filings →
Insider Radar
Insider selling at Worthington Steel over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Worthington Steel generated $3.1B in revenue over the trailing twelve months, retaining a 12.6% gross margin, operating income reached $147.0M (4.8% operating margin), and net income was $110.7M, reflecting a 3.6% net profit margin. Diluted earnings per share stood at $2.19. The company generated $230.3M in operating cash flow. With a current ratio of 1.66, the balance sheet reflects a strong liquidity position.
Upcoming Events
IDEAS conference presentation
Dividend record date
Q4 2026 results release
Q4 2026 earnings call
Dividend payable date
Kloeckner acquisition completion
Acquisition closing expected
Acquisition completion expected
Bradley BDL completion
NE Reservoir pump completion
Worthington Steel has 14 upcoming scheduled events. The next event, "IDEAS conference presentation", is scheduled for June 10, 2026 (in 4 days). 4 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the WS stock price.
Short Interest History
Short interest in Worthington Steel (WS) currently stands at 1.7 million shares, up 3.3% from the previous reporting period, representing 5.3% of the float. Over the past 12 months, short interest has increased by 148.3%. The 8.1 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Worthington Steel (WS) currently stands at 8.1 days, up 43.9% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 172.8% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.3 to 8.1 days.
WS Company Profile & Sector Positioning
Worthington Steel (WS) operates in the Steel industry within the broader Steel Works, Blast Furnaces & Rolling & Finishing Mills sector and is listed on the NYSE. Among dividend-paying stocks, WS ranks #1,132 by dividend yield. In monthly performance, the stock ranks #1,902 among all tracked companies.
Investors comparing WS often look at related companies in the same sector, including Companhia Siderurgica Nacional (SID), Metallus (MTUS), Radius Health Inc (RDUS), Algoma Steel Grp (ASTL), and NWPX Infrastructure Inc (NWPX). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate WS's relative position within its industry.