Worthington Steel

WS

Market cap $1.56B

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announced its Tempel Steel subsidiary has developed Full Surface Bonding (FSB™), a process for bonding electrical steel laminations.

Worthington Steel, Inc. stock is undervalued, trading at a discount to sector averages, with a forward P/E of 11.42 and fair value near $34.90. WS is shifting focus to electrical steel, addressing transformer shortages with new plants in Mexico and Canada, aiming for steadier, higher-margin sales. Recent results show improved margins and earnings despite lower shipments, as WS emphasizes direct, higher-value sales to automotive and industrial clients.

Worthington Steel, Inc. (NYSE:WS ) Q1 2026 Earnings Call September 25, 2025 8:30 AM EDT Company Participants Melissa Dykstra - Vice President of Corporate Communication & Investor Relations Geoffrey Gilmore - CEO, President & Director Timothy Adams - VP & CFO Conference Call Participants Philip Gibbs - KeyBanc Capital Markets Inc., Research Division John Tumazos - John Tumazos Very Independent Research, LLC Martin Englert - Seaport Research Partners Presentation Operator Good morning, and welcome to Worthington Steel's First Quarter Fiscal Year 2026 Earnings Call. [Operator Instructions] I will now turn the call over to Melissa Dykstra, Vice President of Corporate Communications and Investor Relations.

Worthington Steel, Inc. (WS) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.56 per share a year ago.

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2026 first quarter ended August 31, 2025.

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel has declared a quarterly dividend of $0.16 per common share, payable on Dec. 26, 2025, to shareholders of record Dec. 12, 2025.

Worthington Steel, Inc. WS will release earnings results for the first quarter, after the closing bell on Wednesday, Sept. 24.

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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel (NYSE: WS) to Webcast Discussion of First Quarter 2026 Results on September 25 at 8:30 a.m. ET.

Worthington Steel, Inc. delivered a strong Q4, beating analyst expectations on revenue and earnings, driving a 20% stock surge despite ongoing shipment volume declines. Management's strategic investments in electrical steel, Mexico and Canada expansions, and the Sitem acquisition position the company for long-term margin growth. While shares are no longer as cheap, valuation remains attractive versus peers, and the balance sheet is strong with low net debt and robust cash flow.