News & Events

12/17/2025

financial

Worthington Steel Reports Second Quarter Fiscal 2026 Results

COLUMBUS, Ohio, December 17, 2025 – Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2026 second quarter ended November 30, 2025.

Second Quarter Highlights (all comparisons to the second quarter of fiscal 2025):

  • Net sales of $871.9 million increased 18% compared to $739.0 million.
  • Operating income of $21.7 million compared to $18.9 million.
  • Net earnings attributable to controlling interest of $18.8 million compared to $12.8 million.
  • Net earnings per diluted share attributable to controlling interest of $0.37 compared to $0.25; adjusted net earnings per diluted share attributable to controlling interest of $0.38 compared to $0.19.
  • Adjusted EBIT of $26.6 million compared to $14.3 million.
  • Declared a quarterly dividend of $0.16 per share payable on March 27, 2026, to shareholders of record at the close of business on March 13, 2026.

“Our results this quarter reinforce that our strategy is working,” said Geoff Gilmore, president and CEO of Worthington Steel. “By staying focused on higher-value solutions, disciplined product mix, inventory management, and outstanding service, we are building a stronger, more resilient earnings profile even as markets remain mixed. We believe that focus will continue to serve us well as conditions evolve heading into calendar 2026.”

Full results are available on our investor site here.