Tearsheet

Worthington Enterprises (WOR)

Market Price (12/5/2025): $55.21 | Market Cap: $2.7 Bil
Sector: Industrials | Industry: Building Products

Worthington Enterprises (WOR)

Market Price (12/5/2025): $55.21
Market Cap: $2.7 Bil
Sector: Industrials
Industry: Building Products

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%	Weak multi-year price returns 2Y Excs Rtn is -31%, 3Y Excs Rtn is -18%	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.7%
1	Attractive yield FCF Yield is 5.7%
2	Low stock price volatility Vol 12M is 40%
3	Megatrend and thematic drivers Megatrends include Hydrogen Economy, Water Infrastructure, and Sustainable & Green Buildings. Themes include Hydrogen Infrastructure, Show more.

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
1	Attractive yield FCF Yield is 5.7%
2	Low stock price volatility Vol 12M is 40%
3	Megatrend and thematic drivers Megatrends include Hydrogen Economy, Water Infrastructure, and Sustainable & Green Buildings. Themes include Hydrogen Infrastructure, Show more.
4	Weak multi-year price returns 2Y Excs Rtn is -31%, 3Y Excs Rtn is -18%
5	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.7%

Valuation, Metrics & Events

	12/5/25	2024	2023	2022
Share Price CYE	$55.21	$39.71	$56.20	$31.58
Market Cap CYE ($ Bil)	2.7	2.0	2.8	1.5
Total Debt ($ Bil)	0.3	0.3	0.3	0.7
Total Cash ($ Bil)	0.2	0.3	0.2	0.4
Enterprise Value ($ Bil)	2.9	2.3	3.1	2.2
Valuation Ratios
P/S TTM	2.3	1.7	2.3	1.1
P/EBIT TTM	18.8	15.1	37.5	9.0
P/E TTM	25.6	20.6	25.6	6.2
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.2
P/EBIT TTM (Sector)	12.9	11.8	11.5	9.2
P/E TTM (Sector)	17.6	16.5	15.4	12.1

	12/5/25	2024
Share Price CYE	$55.21	$39.71
Market Cap CYE ($ Bil)	2.7	2.0
Total Debt ($ Bil)	0.3	0.3
Total Cash ($ Bil)	0.2	0.3
Enterprise Value ($ Bil)	2.9	2.3
Valuation Ratios
P/S TTM	2.3	1.7
P/EBIT TTM	18.8	15.1
P/E TTM	25.6	20.6
Sector Ratios
P/S TTM (Sector)	1.6	1.5
P/EBIT TTM (Sector)	12.9	11.8
P/E TTM (Sector)	17.6	16.5

	WOR	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	1.2
Rev Chg Q	18.0%	7.1%
Rev Chg LTM	0.8%	6.1%
Rev Chg 3Y Avg	-2.7%	5.5%
PROFITABILITY	POOR
Op Inc LTM ($ Bil)	0.1
CFO LTM ($ Bil)	0.2
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	5.5%	18.8%
CFO/Rev LTM	17.5%	20.5%
Net Inc Mgn	8.9%	13.1%
VALUATION	MODERATE
P/S	2.3	3.2
P/CFO	13.1	15.8
P/FCF	17.6	20.5
P/E	25.6	23.5
STABILITY	GOOD
Debt/Equity	0.13	0.20
Cash/Assets	0.10	0.07

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Metric	Value	Date	Source
Total Waste Recycled or Recovered	88%	9162025	Link
Avoided Costs Through Risk Reduction Actions Over the Last 3 Years	$6.05M	9162025	Link
Participation in Employee Engagement Survey	85%	9162025	Link
Below Industry Average TCIR Safety Rating	40%	9162025	Link
Procurement Spending with Domestic U.S. Suppliers	86%	9162025	Link
Percentage of Suppliers Indirectly Monitored	100%	9162025	Link
Percentage of Supplier Spend Directly Engaged	75%	9162025	Link
Community Donations	$3.1M	9162025	Link

Upcoming
12/15/2025	Dividend	Amount: $0.19 Payment On: 12/29/2025
12/16/2025	Earnings Release	Rev: $310 Mil (E) EPS: $0.71 (E)
3/23/2026	Earnings Release	Rev: - EPS: -

WOR Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

1. Worthington Enterprises reported fiscal first quarter 2026 earnings per share (EPS) of $0.74, falling short of the consensus estimate of $0.80 by 7.5%.

2. The company experienced a 12% decrease in free cash flow, which dropped to $27.9 million in the first quarter of fiscal 2026, primarily due to increased capital expenditures.

Stock Movement Drivers

Fundamental Drivers

The -15.4% change in WOR stock from 9/4/2025 to 12/4/2025 was primarily driven by a -24.0% change in the company's P/E Multiple.

	9042025	12042025	Change
Stock Price ($)	65.17	55.14	-15.38%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1153.76	1200.16	4.02%
Net Income Margin (%)	8.33%	8.91%	7.04%
P/E Multiple	33.41	25.40	-23.98%
Shares Outstanding (Mil)	49.25	49.26	-0.03%
Cumulative Contribution			-15.38%

LTM = Last Twelve Months as of date shown

Market Drivers

9/4/2025 to 12/4/2025

	Return	Correlation
WOR	-15.4%
Market (SPY)	5.4%	31.4%
Sector (XLI)	2.3%	48.6%

Fundamental Drivers

The -6.5% change in WOR stock from 6/5/2025 to 12/4/2025 was primarily driven by a -47.3% change in the company's P/E Multiple.

	6052025	12042025	Change
Stock Price ($)	58.97	55.14	-6.49%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1154.68	1200.16	3.94%
Net Income Margin (%)	5.23%	8.91%	70.38%
P/E Multiple	48.21	25.40	-47.32%
Shares Outstanding (Mil)	49.38	49.26	0.23%
Cumulative Contribution			-6.49%

LTM = Last Twelve Months as of date shown

Market Drivers

6/5/2025 to 12/4/2025

	Return	Correlation
WOR	-6.5%
Market (SPY)	15.7%	41.4%
Sector (XLI)	8.2%	51.9%

Fundamental Drivers

The 34.6% change in WOR stock from 12/4/2024 to 12/4/2025 was primarily driven by a 173.8% change in the company's Net Income Margin (%).

	12042024	12042025	Change
Stock Price ($)	40.96	55.14	34.63%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1191.09	1200.16	0.76%
Net Income Margin (%)	3.25%	8.91%	173.77%
P/E Multiple	52.28	25.40	-51.41%
Shares Outstanding (Mil)	49.49	49.26	0.45%
Cumulative Contribution			34.63%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2024 to 12/4/2025

	Return	Correlation
WOR	34.6%
Market (SPY)	13.7%	34.3%
Sector (XLI)	9.9%	41.0%

Fundamental Drivers

The 57.3% change in WOR stock from 12/5/2022 to 12/4/2025 was primarily driven by a 364.7% change in the company's P/E Multiple.

	12052022	12042025	Change
Stock Price ($)	35.06	55.14	57.28%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1607.04	1200.16	-25.32%
Net Income Margin (%)	19.35%	8.91%	-53.95%
P/E Multiple	5.47	25.40	364.73%
Shares Outstanding (Mil)	48.48	49.26	-1.62%
Cumulative Contribution			57.23%

LTM = Last Twelve Months as of date shown

Market Drivers

12/5/2023 to 12/4/2025

	Return	Correlation
WOR	9.7%
Market (SPY)	53.3%	37.7%
Sector (XLI)	47.3%	48.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
WOR Return	25%	8%	-7%	78%	-29%	39%	121%
Peers Return	15%	60%	-13%	41%	24%	12%	214%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	112%
Monthly Win Rates [3]
WOR Win Rate	58%	58%	33%	67%	33%	80%
Peers Win Rate	66%	78%	40%	53%	67%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
WOR Max Drawdown	-51%	-5%	-29%	-1%	-33%	-3%
Peers Max Drawdown	-31%	-4%	-36%	-6%	-12%	-17%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: NUE, TT, JCI, CARR, LII. See WOR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/4/2025 (YTD)

How Low Can It Go

Unique Key	Event	WOR	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-48.1%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	92.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	298 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-51.4%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	105.7%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	145 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-36.6%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	57.7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	683 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-72.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	261.7%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	1393 days	1480 days

Compare to NUE, TT, JCI, CARR, LII

In The Past

Worthington Enterprises's stock fell -48.1% during the 2022 Inflation Shock from a high on 3/11/2021. A -48.1% loss requires a 92.6% gain to breakeven.

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About Worthington Enterprises (WOR)

Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing and manufactured metal products in North America and internationally. It operates through Steel Processing, Consumer Products, Building Products, and Sustainable Energy Solutions segments. The Steel Processing segment processes flat-rolled steel for customers primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, heavy-truck, HVAC, lawn and garden, leisure and recreation, office furniture, and office equipment markets. It also toll processes steel for steel mills, large end-users, service centers, and other processors. The Consumer Products segment sells tools, outdoor living, and celebrations products under the Coleman, Bernzomatic, Balloon Time, Mag Torch, General, Garden-Weasel, Pactool International, and Hawkeye brand names. The Building Products segment provides commercial and residential construction products, water systems, and heating and cooling solutions. The Sustainable Energy Solutions segment offers on-board fueling systems and services, as well as gas containment solutions and services for the storage, transport, and distribution of industrial gases, hydrogen ecosystem, and compressed natural gas. The company was founded in 1955 and is headquartered in Columbus, Ohio.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Worthington Enterprises (WOR):

Imagine 3M, but with a strong focus on essential products like propane tanks, water heaters, and sustainable energy storage systems.
Like Stanley Black & Decker for home and outdoor essentials (torches, propane tanks), but also a key provider of water heaters and future-focused hydrogen storage solutions.

AI Generated Analysis | Feedback

Major Products of Worthington Enterprises (WOR)

Building Products: Manufactures and sells water system solutions such as water heaters and expansion tanks, along with various structural building components for residential and commercial construction.
Consumer Products: Provides a range of consumer goods including hand tools, outdoor living products like patio heaters, and branded retail propane tanks and accessories.
Sustainable Energy Solutions: Offers specialized pressure cylinders and integrated systems for industrial gases, alternative fuels like hydrogen and natural gas, and other high-pressure applications.

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Worthington Enterprises (WOR) - Major Customers

Worthington Enterprises (WOR) primarily sells its products and solutions to other companies (Business-to-Business, B2B) rather than directly to individual consumers. The company operates in two main segments: Building Products and Sustainable Energy Solutions.

Based on its public filings, including SEC 10-K reports, Worthington Enterprises does not publicly disclose specific "major customers" by name (e.g., those accounting for 10% or more of consolidated net sales). This typically indicates a diversified customer base across various industries and distribution channels.

However, the company serves a broad range of business customers, which can be categorized as follows:

Original Equipment Manufacturers (OEMs): These are companies that incorporate Worthington's components (such as pressure cylinders, water system tanks, or alternative fuel systems) into their own finished products. Examples include manufacturers in the HVAC (heating, ventilation, and air conditioning), water heating, industrial machinery, and alternative fuel vehicle sectors.
Distributors and Wholesalers: These companies purchase Worthington's products in bulk and then resell them to smaller businesses, retailers, or contractors. This category includes distributors of industrial gases, propane, plumbing and HVAC supplies, and architectural materials.
Contractors and Fabricators: Businesses in the construction, plumbing, HVAC, or specialized fabrication industries that use Worthington's building products or structural components directly in their projects.

While specific customer names are not disclosed, these categories represent the core types of businesses that rely on Worthington Enterprises' products and solutions.

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Joseph B. Hayek President & Chief Executive Officer

Joseph B. Hayek became President and Chief Executive Officer of Worthington Enterprises on November 1, 2024. Before this, he was the Executive Vice President and Chief Financial and Operations Officer of Worthington Enterprises after the separation of the Steel Processing business from Worthington Industries in December 2023. From 2018 to 2023, he served as Vice President and Chief Financial Officer of Worthington Industries. His experience at Worthington also includes roles as general manager of the oil and gas equipment business (2017-2018) and vice president of mergers & acquisitions and corporate development (2014-2017). Prior to joining Worthington, Hayek was the president of PCM/Sarcom, an IT solutions provider and the largest subsidiary of PCM, Inc. He also served as PCM's executive vice president of corporate development and investor relations from 2008 to 2012. Hayek spent 10 years in investment banking with Raymond James and Wachovia. He was instrumental in leading the strategic initiative to separate Worthington Industries into two standalone public companies, Worthington Enterprises and Worthington Steel, and in positioning both for growth. He also played a key role in guiding the company to record earnings through the COVID pandemic.

Colin J. Souza Vice President & Chief Financial Officer

Colin J. Souza was appointed Vice President and Chief Financial Officer of Worthington Enterprises, effective November 1, 2024. He joined the Company in 2011 and has held various finance and strategy roles throughout his tenure. In 2023, Souza led the project management office for the "Worthington 2024" strategic initiative, which involved separating the Steel Processing business to create two independent public companies. After the separation was completed in December 2023, he became Vice President of Finance, overseeing financial planning and analytics, corporate development, and mergers and acquisitions (M&A) functions. His previous roles include Director of Corporate Development and Mergers & Acquisitions from January 2021 to December 2023, and Manager of Corporate Development and Mergers & Acquisitions from July 2019 to December 2021. Souza has contributed to business growth and shareholder value by leading several acquisitions and divestitures, including HALO™-branded pizza ovens, Hexagon Ragasco composite cylinders, and the establishment of the Sustainable Energy Solutions joint venture.

John B. Blystone Chairman

John B. Blystone was named Chairman of the Board in December 2023. He has been a member of the Board since 1997 and was appointed Lead Director in 2007. Blystone is the retired Chairman, President, and Chief Executive Officer of SPX Corporation, a global provider of technical products and systems, industrial products and services, and flow technology and service solutions. He joined SPX Corporation in December 1995 and previously worked at General Electric, Tenneco, Inc., and Nuovo Pignone.

Sonya L. Higginbotham Sr Vice President & Chief of Corporate Affairs, Communications & Sustainability

Sonya L. Higginbotham has served as Senior Vice President & Chief of Corporate Affairs, Communications & Sustainability since 2023. Previously, she was the Vice President of Corporate Communications and Brand Management at the company. She joined Worthington Industries in 1997.

Patrick Kennedy Vice President - General Counsel & Secretary

Patrick Kennedy has been Vice President, General Counsel and Secretary since 2021. He joined the company's legal department as corporate counsel in 2016. Prior to joining Worthington, Kennedy was a partner with the law firm Ice Miller LLP, where he was a member of the firm's business law group.

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AI Generated Analysis | Feedback

The rapid and widespread global adoption of battery electric vehicles (BEVs) across various transportation and industrial sectors poses a clear emerging threat to Worthington Enterprises' strategic investments and growth trajectory within its Sustainable Energy Solutions segment, particularly concerning hydrogen storage. While Worthington Enterprises is positioning itself as a key supplier for hydrogen fuel cell electric vehicle (FCEV) and other hydrogen-economy applications, the accelerating dominance of BEVs could significantly limit the overall market size and demand for FCEV-related hydrogen storage tanks. This technological competition from BEVs threatens to constrain the growth potential and return on investment for WOR's focus on hydrogen solutions if FCEVs fail to achieve substantial market penetration or scale.

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Worthington Enterprises (NYSE: WOR) operates in two primary business segments: Building Products and Consumer Products. The addressable markets for their main products and services are as follows:

Building Products Segment

Green Building Materials / Sustainable Construction Materials: The global sustainable construction materials market was valued at approximately USD 422.27 billion in 2023 and is projected to reach USD 1,199.52 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.3% during the forecast period. North America dominated this market with a 32.05% share in 2023, and the U.S. market alone is projected to reach an estimated USD 289.50 billion by 2032. Another source estimates the global sustainable construction materials market size at USD 430 billion in 2023, predicted to grow to USD 1,241 billion by 2032 with a CAGR of roughly 12.5% between 2024 and 2032. North America is expected to dominate this market regionally.
Building and Construction Sheets (includes metal framing and other components): The North America building and construction sheets market generated a revenue of USD 35,786.3 million in 2024 and is expected to grow at a CAGR of 5.7% from 2025 to 2030, reaching a projected revenue of US$49,894.9 million by 2030. Another report estimates the North America Building and Construction Sheets Market size at USD 26.50 billion in 2025, expected to reach USD 33.30 billion by 2030.
North America Construction Materials: The North America Construction Materials market size was USD 568.62 billion in 2024 and is projected to reach USD 722.07 billion by 2031, growing at a CAGR of 2.2% from 2024 to 2031.

Consumer Products Segment

Outdoor Living Products/Structures: The North America outdoor living structures market size was estimated at USD 997.6 million in 2024 and is expected to grow at a CAGR of 5.4% from 2025 to 2030, reaching a projected revenue of US$1,374.1 million by 2030. Another report states the North America outdoor living structures market is projected to reach USD 997.6 million by 2034, growing at a CAGR of 5.63% during the forecast period. The global outdoor living product market size was estimated at USD 158.61 billion in 2024 and is projected to grow to USD 228.44 billion by 2035, exhibiting a CAGR of 3.37% from 2025 to 2035. North America is the largest market for outdoor living products, accounting for approximately 45% of the global market share.
Consumer Packaged Goods (CPG) in North America (including tools, celebrations, and other retail products): The North America Consumer Packaged Goods (CPG) market was valued at USD 630 billion in 2023. This market is projected to grow from USD 1645.0 billion in 2024 to USD 2320.4 billion by 2035, with a compound annual growth rate of 3.18% from 2025 to 2035. Another source states the North America CPG industry commands a $2 trillion valuation. The North America consumer packaged goods market is expected to reach a projected revenue of US$2589.41 billion by 2033, with a CAGR of 3.6% from 2025 to 2033.

AI Generated Analysis | Feedback

Worthington Enterprises (WOR) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:

Growth in the Building Products Segment, driven by secular trends and strategic acquisitions: The Building Products segment has been identified as a primary contributor to recent revenue increases for Worthington Enterprises. The company is strategically positioned to benefit from secular trends, including investments in U.S. infrastructure and the growth in housing supply. Acquisitions, such as Elgen Manufacturing completed in June 2025, further bolster this segment's growth. In Q1 FY2026, the Building Products segment's net sales increased 32% year-over-year.
Strategic Acquisitions and Strong Performance from Joint Ventures: Worthington Enterprises employs a disciplined acquisition strategy, targeting market-leading positions in niche areas with high margins. The company recently acquired Elgen Manufacturing for approximately $91 million, which contributed $21 million in sales in Q1 FY2026. Additionally, strong performance from joint ventures like WAVE continues to contribute significant equity earnings, with WAVE contributing $32 million in Q1 FY2026 equity earnings.
Innovation and New Product Development: Innovation is a core growth driver for Worthington Enterprises, focusing on transforming and optimizing its businesses. Recent new product launches, including the Balloon Time Mini, A2L refrigerant cylinders, and new Halo grids, are aimed at capturing market share and attracting new customers.
Market Share Gains and Market Normalization: Management anticipates revenue growth from securing market share gains across various businesses, notably in heating and cooking, cooling, and construction. Furthermore, the company expects market normalization, particularly in the heating, cooking, and water segments, to contribute positively to future revenue. While the Consumer Products segment faced some macro headwinds, the company believes it is well-positioned for improvement as consumer sentiment and demand return to normalized levels.

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Share Repurchases

In the first quarter of fiscal 2026 (ended August 31, 2025), Worthington Enterprises repurchased 100,000 common shares for $6.3 million.
As of August 31, 2025, the company had 5,265,000 common shares remaining on its repurchase authorization.

Share Issuance

On December 1, 2023, Worthington Enterprises completed the separation of its Steel Processing business into Worthington Steel, Inc. Worthington Enterprises shareholders received one common share of Worthington Steel for every one common share of Worthington Industries (the former name of Worthington Enterprises) they held on the record date.

Inbound Investments

On May 29, 2024, Worthington Enterprises formed a new unconsolidated joint venture with Hexagon for its former Sustainable Energy Solutions segment. Hexagon acquired a 49% stake in this joint venture for approximately $10 million plus closing cash.

Outbound Investments

On June 18, 2025, Worthington Enterprises acquired Elgen Manufacturing, a designer and manufacturer of HVAC parts and components, for $91.2 million, net of cash acquired.
On June 3, 2024, the company acquired Hexagon Ragasco, a leading manufacturer of composite propane cylinders, for approximately $98 million.
In 2022, Worthington Enterprises acquired Level5® Tools, a provider of drywall tools.

Capital Expenditures

Capital expenditures for the first quarter of fiscal 2026 (ended August 31, 2025) were $13.2 million, with approximately $8.6 million specifically for ongoing facility modernization projects.
In the last 12 months (as of reported data around late 2024/early 2025), capital expenditures totaled $54.15 million.
Increased capital expenditures related to ongoing facility modernization projects contributed to a decrease in free cash flow in Q1 FY2026.

Better Bets than Worthington Enterprises (WOR)

	WOR	Better Performance than WOR
Metric	Value	INDUSTRY: Building Products
Rev Chg LTM	0.8%	JCI (22.2%), TT (8.6%), ALLE (6.9%), LII (3.8%), CARR (1.9%)
Rev Chg 3Y Avg	-2.7%	TT (10.8%), ALLE (8.6%), LII (5.2%), CARR (3.3%), JCI (-0.9%)
Op Mgn LTM	5.5%	ALLE (21.0%), LII (19.9%), TT (18.8%), JCI (12.4%), CARR (10.1%)
CFO/Rev LTM	17.5%	WMS (24.8%), TREX (24.1%), AWI (20.8%), ALLE (19.2%), SSD (18.1%)
FCF/Rev LTM	13.0%	WMS (17.7%), ALLE (17.1%), AWI (15.1%), AOS (14.9%), WTS (14.6%)
Total Yield	4.9%	CARR (9.3%), MAS (7.4%), BLDR (5.6%), ALLE (5.3%), LII (5.0%)
P/S	2.3	UFPI (0.8), BLDR (0.8), OC (1.0), FBIN (1.4), MAS (1.9)
P/Op Inc	41.5	LII (17.5), ALLE (18.3), CARR (22.7), TT (23.7), JCI (23.9)

	WOR	Better Performance than WOR
Metric	Value	SECTOR: Industrials
Rev Chg LTM	0.8%	UBER (18.2%), GE (17.7%), BA (10.2%), GEV (9.4%), RTX (8.8%)
Rev Chg 3Y Avg	-2.7%	UBER (19.6%), GE (15.7%), BA (10.1%), RTX (9.4%), CAT (5.8%)
Op Mgn LTM	5.5%	UNP (40.6%), GE (20.5%), CAT (18.2%), RTX (10.3%), UBER (9.2%)
CFO/Rev LTM	17.5%	UNP (39.6%), DE (19.7%), HON (18.4%), UBER (18.1%), CAT (18.0%)
FCF/Rev LTM	13.0%	UNP (24.5%), UBER (17.5%), PH (16.9%), HON (15.2%), GE (14.7%)
Total Yield	4.9%	UBER (8.1%), UNP (7.3%), HON (6.8%), CAT (6.7%), DE (5.0%)
P/S	2.3	UPS (0.8), LMT (1.6), GD (1.8), BA (2.0), NOC (2.1)
P/Op Inc	41.5	UNP (14.0), CAT (15.8), RTX (25.5), ETN (28.8), GE (35.3)

	WOR	Better Performance than WOR
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	0.8%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	-2.7%	NVDA (92.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	5.5%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	17.5%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	13.0%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	4.9%	XOM (10.3%), JNJ (8.4%), JPM (6.7%), BRK-B (6.2%), V (5.3%)
P/S	2.3	UNH (0.7), WMT (1.1), XOM (1.4), COST (1.5), HD (2.2)
P/Op Inc	41.5	GOOGL (23.7), MSFT (28.3), AAPL (29.1), AMZN (30.7), NVDA (40.1)

		Best Bets In Industrials Sector
	WOR	GATX	VRSK	PAYX	ADT	AME	NDSN	PCTY	TDG	FTV	VRRM
What You Pay
P/E	25.6	20.1	38.1	27.6	11.1	29.5	26.6	39.3	45.7	26.9	77.1
P/EBIT	18.8	9.6	26.0	20.0	5.6	23.5	18.0	28.2	22.2	13.1	22.8
What You Get
Rev Chg Q	18.0%	8.4%	5.9%	10.2%	4.4%	10.8%	12.1%	12.5%	9.3%	2.3%	16.1%
Rev Chg LTM	0.8%	10.7%	7.3%	5.6%	6.3%	3.7%	4.5%	13.3%	12.8%	27.9%	8.5%
Rev Chg 3Y Avg	-2.7%	10.3%	13.4%	6.5%	3.4%	5.9%	3.6%	21.4%	18.2%	9.4%	9.1%
FCF/Rev 3Y Avg	17.8%	39.2%	33.2%	31.6%	24.7%	23.2%	21.5%	21.5%	20.8%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Would You Still Hold Worthington Enterprises Stock If It Fell Another 30%?	Return
2	Worthington Enterprises vs GE Aerospace: Which Is A Better Investment?	Counter-Intuitive Comparisons
3	Worthington Enterprises vs Trane Technologies: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	How Does Worthington Enterprises Stock Stack Up Against Its Peers?	Peer Comparison
5	WOR Dip Buy Analysis
6	Day 13 of Gains Streak for Worthington Enterprises Stock with 25% Return (vs. 46% YTD) [5/9/2025]	Notification
7	Worthington Enterprises Market Price	Market Price
8	Worthington Enterprises Total Shareholder Return (TSR): 6.1% in 2025 and 31.7% 3-yr compounded annual returns (above peer average)
9	Worthington Enterprises (WOR) Operating Cash Flow Comparison	Financials
10	Worthington Enterprises (WOR) Net Income Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to WOR. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	9.5%	9.5%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.2%	3.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.5%	7.5%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.8%	2.8%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	9.5%	9.5%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.2%	3.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.5%	7.5%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.8%	2.8%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
LXP	LXP Industrial Trust	2.8	406.1%	25.7%
OLMA	Olema Pharmaceuticals	2.4	237.1%	374.1%
COGT	Cogent Biosciences	5.4	178.2%	404.0%
CDTX	Cidara Therapeutics	5.9	119.6%	720.3%
SGML	Sigma Lithium	1.1	113.2%	-11.1%
IRWD	Ironwood Pharmaceuticals	0.6	99.5%	-15.8%
ALMS	Alumis	0.6	82.4%	5.6%
NPCE	NeuroPace	0.6	80.5%	51.7%
BW	Babcock & Wilcox Enterprises	0.7	80.5%	311.6%
CBLL	CeriBell	0.7	75.4%	-26.0%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CCOI	Cogent Communications	0.9	-53.0%	-74.0%
UP	Wheels Up Experience	0.5	-48.0%	-60.0%
TLRY	Tilray Brands	7.7	-41.8%	-45.7%
AMSC	American Superconductor	1.4	-41.4%	34.0%
CTEV	Claritev	0.6	-41.2%
BTDR	Bitdeer Technologies	2.5	-40.7%	-41.6%
FRMI	Fermi	11.1	-40.2%
JANX	Janux Therapeutics	1.0	-39.3%	-69.4%
ARDT	Ardent Health	1.2	-39.1%	-48.1%
SMR	NuScale Power	3.4	-35.9%	27.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

Peer Comparisons for Worthington Enterprises

Peers to compare with:

Financials

	WOR	NUE	TT	JCI	CARR	LII	Median
Name	Worthing.	Nucor	Trane Te.	Johnson .	Carrier .	Lennox I.
Mkt Price	55.14	162.54	404.41	114.20	54.50	504.73	138.37
Mkt Cap	2.7	37.5	90.0	74.8	46.3	17.7	41.9
Rev LTM	1,200	30,806	21,051	23,402	22,058	5,345	21,555
Op Inc LTM	66	2,143	3,956	2,898	2,232	1,062	2,188
FCF LTM	156	-385	2,533	2,868	1,127	534	831
FCF 3Y Avg	291	3,115	2,431	2,014	1,481	543	1,748
CFO LTM	210	3,130	2,936	3,367	1,605	684	2,270
CFO 3Y Avg	362	5,842	2,777	2,448	1,922	722	2,185

Growth & Margins

	WOR	NUE	TT	JCI	CARR	LII	Median
Name	Worthing.	Nucor	Trane Te.	Johnson .	Carrier .	Lennox I.
Rev Chg LTM	0.8%	-5.8%	8.6%	22.2%	1.9%	3.8%	2.8%
Rev Chg 3Y Avg	-2.7%	-10.4%	10.8%	-0.9%	3.3%	5.2%	1.2%
Rev Chg Q	18.0%	4.7%	5.5%	2.6%	-6.8%	-4.8%	3.7%
QoQ Delta Rev Chg LTM	4.0%	1.2%	1.5%	0.7%	-1.8%	-1.3%	1.0%
Op Mgn LTM	5.5%	7.0%	18.8%	12.4%	10.1%	19.9%	11.3%
Op Mgn 3Y Avg	2.2%	13.9%	17.4%	11.1%	10.0%	18.3%	12.5%
QoQ Delta Op Mgn LTM	1.1%	-0.0%	0.4%	-1.7%	-0.8%	0.3%	0.1%
CFO/Rev LTM	17.5%	10.2%	13.9%	14.4%	7.3%	12.8%	13.4%
CFO/Rev 3Y Avg	22.6%	17.0%	14.4%	11.3%	9.6%	14.0%	14.2%
FCF/Rev LTM	13.0%	-1.2%	12.0%	12.3%	5.1%	10.0%	11.0%
FCF/Rev 3Y Avg	17.8%	8.7%	12.6%	9.3%	7.5%	10.5%	9.9%

Valuation

	WOR	NUE	TT	JCI	CARR	LII	Median
Name	Worthing.	Nucor	Trane Te.	Johnson .	Carrier .	Lennox I.
Mkt Cap	2.7	37.5	90.0	74.8	46.3	17.7	41.9
P/S	2.3	1.0	4.5	3.0	2.3	3.5	2.6
P/EBIT	18.8	13.7	24.0	27.1	17.2	17.4	18.1
P/E	25.6	23.1	32.0	31.0	12.7	22.1	24.3
P/CFO	13.0	9.5	32.0	20.6	31.6	27.2	23.9
Total Yield	4.9%	6.1%	4.0%	4.6%	9.3%	5.0%	4.9%
Dividend Yield	0.9%	1.7%	0.9%	1.4%	1.5%	0.4%	1.2%
FCF Yield 3Y Avg	13.7%	7.7%	3.4%	3.7%	2.9%	3.0%	3.5%
D/E	0.1	0.2	0.0	0.1	0.2	0.1	0.1
Net D/E	0.1	0.1	0.0	0.1	0.2	0.1	0.1

Returns

	WOR	NUE	TT	JCI	CARR	LII	Median
Name	Worthing.	Nucor	Trane Te.	Johnson .	Carrier .	Lennox I.
1M Rtn	0.4%	12.6%	-6.6%	2.8%	-5.3%	2.6%	1.5%
3M Rtn	-15.4%	12.6%	-1.9%	7.0%	-13.9%	-9.9%	-5.9%
6M Rtn	-6.5%	38.0%	-5.7%	12.4%	-23.2%	-7.9%	-6.1%
12M Rtn	34.6%	10.8%	-2.2%	38.5%	-26.7%	-23.5%	4.3%
3Y Rtn	57.3%	12.5%	137.5%	81.0%	29.9%	100.6%	69.1%
1M Excs Rtn	-0.8%	11.4%	-7.9%	1.6%	-6.6%	1.3%	0.2%
3M Excs Rtn	-20.8%	5.0%	-8.1%	2.1%	-22.3%	-18.3%	-13.2%
6M Excs Rtn	-21.9%	22.6%	-21.2%	-3.0%	-38.6%	-23.3%	-21.6%
12M Excs Rtn	20.2%	-7.6%	-15.0%	25.4%	-41.0%	-37.1%	-11.3%
3Y Excs Rtn	-17.8%	-57.7%	66.5%	12.7%	-42.6%	26.7%	-2.5%

Comparison Analyses

	Title
0	How Does Worthington Enterprises Stock Stack Up Against Its Peers?
1	HL Looks Stronger Than WOR With 57% Return Potential
2	Worthington Industries vs. Nucor: With Return Forecast Of 22%, Worthington Industries Is A Better Bet
3	ATI Could Deliver 12% Returns And Outperform WOR
4	Worthington Industries vs. Commercial Metals: With Return Forecast Of 28%, Commercial Metals Is A Better Bet
5	Worthington Industries vs. Mettler: With Return Forecast Of 25%, Worthington Industries Is A Better Bet
6	Worthington Industries vs. Align Technology: With Return Forecast Of 65%, Align Technology Is A Better Bet
7	Worthington Industries vs. Paychex: With Return Forecast Of 25%, Worthington Industries Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 5/31	LTM	2025	2024	2023	2022	2021	2020
Period End	8/31/2025	5/31/2025	5/31/2024	5/31/2023	5/31/2022	5/31/2021	5/31/2020
Filing Date	10/8/2025	7/30/2025	7/30/2024	7/31/2023	8/1/2022	7/30/2021	7/31/2020
Key Financials
Total Revenue	1,200	1,154	1,246	1,418	1,309	3,171	3,059
EBITDA	195	179	156	291	333	1,036	235
Operating Income	66	51	2	36	46	288	115
Net Income	107	96	111	257	379	724	79
EPS	2.16	1.94	2.25	5.28	7.60	13.73	1.43
Growth Rates
Total Revenue Growth	0.8%	-7.4%	-12.2%	8.3%	-58.7%	3.7%	-18.6%
EBITDA Growth	45.2%	14.6%	-46.4%	-12.6%	-67.8%	340.6%	-30.9%
Operating Income Growth	2154.7%	3170.2%	-95.8%	-21.0%	-84.0%	149.9%	-18.6%
Net Income Growth	175.9%	-13.2%	-56.9%	-32.4%	-47.6%	818.6%	-48.7%
Margins
EBITDA Margin	16.2%	15.5%	12.5%	20.5%	25.5%	32.7%	7.7%
Operating Income Margin	5.5%	4.4%	0.1%	2.6%	3.5%	9.1%	3.8%
Net Income Margin	8.9%	8.3%	8.9%	18.1%	29.0%	22.8%	2.6%
Cash & Debt
Total Cash	167	250	244	422	34	640	147
Total Debt	346	326	317	715	844	748	736
Net Debt / (Cash)	179	76	73	293	810	107	589
Cash Flows
Net Cash from Operations	210	210	290	625	70	274	337
Free Cash from Operations	156	159	206	539	-24	192	241
Returns to Shareholders
Dividends	34	34	275	59	57	53	53
Share Repurchases	35	35	11	2	187	192	57

$ Mil \| FY: 5/31	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	8/31/2025	5/31/2025	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022
Filing Date	10/8/2025	7/30/2025	4/9/2025	1/10/2025	10/7/2024	7/30/2024	4/9/2024	1/9/2024	10/4/2023	7/31/2023	4/10/2023	1/9/2023
Key Financials Quarterly
Total Revenue	304	318	305	274	257	319	317	298	312	369	346	1,176
Ebitda	59	21	65	50	43	-14	52	53	65	95	69	60
Operating Income	12	22	26	6	-4	6	8	-7	-5	18	8	-2
Net Income	35	4	40	28	24	-32	22	24	96	130	46	16
EPS	0.71	0.08	0.80	0.57	0.49	-0.65	0.45	0.49	1.97	2.67	0.95	0.33
Key Financials TTM
Total Revenue TTM	1,200	1,154	1,155	1,167	1,191	1,246	1,296	1,325	2,203	3,299	518	1,550
Ebitda TTM	195	179	144	131	134	156	266	283	289	345	87	130
Operating Income TTM	66	51	35	16	3	2	14	14	19	90	-135	-102
Net Income TTM	107	96	60	43	39	111	272	297	289	257	207	217
Growth Rates Quarterly
Total Revenue Growth	18.0%	-0.3%	-3.9%	-8.1%	-17.5%	-13.6%	-8.5%	-74.6%	-77.9%	115.3%	-74.9%	-4.6%
EBITDA Growth	36.5%	244.8%	24.2%	-5.6%	-33.9%	-115.2%	-24.5%	-11.0%	-46.3%	157.9%	-38.5%	-65.5%
Operating Income Growth	431.0%	276.2%	228.9%	184.1%	27.9%	-68.3%	4.8%	-256.3%	-107.5%	108.9%	-81.1%	-102.3%
Net Income Growth	44.9%	112.2%	80.3%	16.3%	-74.8%	-124.5%	-52.5%	49.8%	50.0%	61.9%	-17.8%	-85.3%
Margins Quarterly
EBITDA Margin	19.4%	6.6%	21.4%	18.3%	16.8%	-4.5%	16.6%	17.8%	20.9%	25.7%	20.1%	5.1%
Operating Income Margin	3.9%	6.9%	8.6%	2.2%	-1.4%	1.8%	2.5%	-2.4%	-1.6%	4.9%	2.2%	-0.2%
Net Income Margin	11.6%	1.2%	13.0%	10.3%	9.4%	-10.0%	6.9%	8.1%	30.8%	35.2%	13.4%	1.4%
Cash & Debt
Total Cash	167	250	223	194	179	244	227	431	201	422	267	130
Total Debt	346	326	316	319	328	317	320	722	549	715	798	804
Net Debt / (Cash)	179	76	93	125	149	73	92	291	348	293	531	674
Cash Flows Quarterly
FCF from Operations	41	62	57	49	41	45	50	135	60	229	182	133
Cash Flows TTM
FCF from Operations TTM	210	210	192	185	271	290	474	606	604	625	561	453
Returns to Shareholders Quarterly
Dividends	9	8	8	9	8	8	234	17	16	15	15	15
Share Repurchases	10	7	6	12	10	-4	1	9	5	-2	-0	1
Return on Invested Capital (ROIC) Quarterly
ROIC	7.2%	9.7%	20.0%	4.4%	-2.4%	6.2%	4.6%	-3.8%	-2.4%	10.2%	3.0%	-0.7%
Return on Invested Capital (ROIC) TTM
ROIC TTM	9.8%	9.6%	5.6%	2.0%	0.3%	0.2%	2.6%	1.9%	2.4%	12.6%	-14.5%	-11.2%

Segment Financials

Assets by Segment

$ Mil	2025	2024	2023	2022	2021
Building Products	673	636	681	664
Consumer Products	558	615	577	541
Unallocated corporate and other	408
Other		511	188	639	405
Steel Processing		1,759	2,083	1,360	822
Sustainable Energy Solutions		130	114	170
Pressure Cylinders					1,105
Total	1,639	3,651	3,643	3,373	2,332

Price Behavior

Price Behavior

Market Price	$55.14
Market Cap ($ Bil)	2.7
First Trading Date	03/26/1990
Distance from 52W High	-17.9%
	50 Days	200 Days
DMA Price	$55.39	$55.90
DMA Trend	up	down
Distance from DMA	-0.4%	-1.4%
	3M	1YR
Volatility	34.3%	40.4%
Downside Capture	213.15	75.94
Upside Capture	78.99	95.62
Correlation (SPY)	31.9%	34.4%

WOR Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.97	0.63	0.94	1.10	0.70	0.96
Up Beta	0.57	0.21	0.50	1.26	0.90	1.11
Down Beta	-0.42	0.57	-0.17	0.32	0.24	0.51
Up Capture	112%	63%	79%	99%	95%	119%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	11	22	30	62	130	387
Down Capture	135%	87%	204%	164%	84%	103%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	9	20	33	64	119	358

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of WOR With Other Asset Classes (Last 1Y)
	WOR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	36.7%	8.9%	14.6%	57.6%	4.7%	-5.6%	-3.5%
Annualized Volatility	40.2%	18.9%	19.6%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	0.86	0.32	0.57	2.22	0.10	-0.47	0.03
Correlation With Other Assets		40.8%	34.3%	4.7%	9.5%	34.6%	15.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of WOR With Other Asset Classes (Last 5Y)
	WOR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	11.4%	13.4%	15.1%	18.0%	11.7%	4.8%	40.5%
Annualized Volatility	39.4%	17.2%	17.1%	15.5%	18.8%	19.0%	49.0%
Sharpe Ratio	0.39	0.63	0.71	0.93	0.51	0.17	0.68
Correlation With Other Assets		56.4%	47.1%	8.8%	16.8%	40.2%	18.7%

Based On 10-Year Data

		Comparison of WOR With Other Asset Classes (Last 10Y)
	WOR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.9%	12.9%	14.5%	14.2%	5.7%	5.3%	76.1%
Annualized Volatility	40.3%	19.9%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.44	0.58	0.69	0.79	0.25	0.23	0.94
Correlation With Other Assets		63.9%	57.5%	4.8%	25.6%	48.6%	16.2%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	661,402
Short Interest: % Change Since 10312025	-2.7%
Average Daily Volume	151,893
Days-to-Cover Short Interest	4.35
Basic Shares Quantity	49,264,000
Short % of Basic Shares	1.3%

Returns Analyses

	Title
0	Would You Still Hold Worthington Enterprises Stock If It Fell Another 30%?
1	Worthington Enterprises Stock Return Comparison
2	[10/7/2021] Worthington Industries (WOR) Stock Price Forecast: AI Forecasts WOR Stock Price To Be Around $55.80 In A Month (Up 2.3%)
3	Worthington Enterprises Total Shareholder Return (TSR): 23.0% in 2023 and 25.9% 3-yr returns (below peer average)
4	Worthington Industries (WOR) Stock Return: AI Predicts WOR Average and Excess Return After a Fall or Rise

SEC Filings

Expand for More

Report Date	Filing Date	Filing
8312025	10082025	10-Q 8/31/2025
5312025	7302025	10-K 5/31/2025
2282025	4092025	10-Q 2/28/2025
11302024	1102025	10-Q 11/30/2024
8312024	10072024	10-Q 8/31/2024
5312024	7302024	10-K 5/31/2024
2292024	4092024	10-Q 2/29/2024
11302023	1092024	10-Q 11/30/2023
8312023	10042023	10-Q 8/31/2023
5312023	7312023	10-K 5/31/2023
2282023	4102023	10-Q 2/28/2023
11302022	1092023	10-Q 11/30/2022
8312022	10112022	10-Q 8/31/2022
5312022	8012022	10-K 5/31/2022
2282022	4112022	10-Q 2/28/2022
11302021	1102022	10-Q 11/30/2021

External Quote Links

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Worthington Enterprises (WOR)

Market Price (12/5/2025): $55.21 | Market Cap: $2.7 BilSector: Industrials | Industry: Building Products

Worthington Enterprises (WOR)

Market Price (12/5/2025): $55.21Market Cap: $2.7 BilSector: IndustrialsIndustry: Building Products

Valuation, Metrics & Events

WOR Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

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About Worthington Enterprises (WOR)

Major Products of Worthington Enterprises (WOR)

Worthington Enterprises (WOR) - Major Customers

Building Products Segment

Consumer Products Segment

Share Repurchases

Share Issuance

Inbound Investments

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets than Worthington Enterprises (WOR)

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Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

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Market Price (12/5/2025): $55.21 | Market Cap: $2.7 Bil
Sector: Industrials | Industry: Building Products

Market Price (12/5/2025): $55.21
Market Cap: $2.7 Bil
Sector: Industrials
Industry: Building Products