WORWORTHINGTON ENTERPRISES, INC.
Steel Works, Blast Furnaces & Rolling & Finishing Mills
- Revenue
- $1.4B
- 20% YoY
- Operating margin
- 5.5%
- 694% YoY
- EBITDA
- $133M
- 256% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.9×
- $252M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear145% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear36% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear27% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.2B | $4.9B | $1.2B | $1.2B | $1.4B | 20% |
| Operating income | $49M | $30M | −$73M | −$11M | $76M | 811% |
| Net income | $379M | $257M | $111M | $96M | $156M | 62% |
| Operating cash flow | $70M | $625M | $290M | $210M | $226M | 7.8% |
| Capex | $95M | $86M | $84M | $51M | $56M | 11% |
| Stock-based comp | $16M | $19M | $17M | $16M | $14M | 15% |
| Buybacks | $180M | — | — | $31M | $44M | 42% |
| Dividends | $57M | $59M | $57M | $34M | $37M | 8.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $7M · 6
- Net
- −$7M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 152000 | 190000 |
| FY2025 | — | — | 155000 | 138000 |
| FY2024 | — | — | 148000 | 135000 |
| FY2023 | — | — | 88000 | 99000 |
| FY2022 | — | — | 72000 | 94000 |