WOR Financials Worthington Enterprises, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has declined 15.3% per year over the past 5 years.
Net income has grown slower than revenue (-26.4% vs -15.3% per year).
Operating margin has been roughly flat, at 5.5% in the latest year.
Free cash flow has declined 2.4% per year over the past 5 years.

Financial health

Total debt ($307M) exceeds cash ($28M); net debt is $279M.
Total debt has grown in line with revenue (-15.5% vs -15.3% per year).
Operating income covered interest expense 12× in the latest year, up from 5.5× 5 years ago.
Total debt is 2.3× EBITDA.

Shareholder returns

Dividends have been paid for 11 consecutive years, consuming 23.6% of earnings and 21.7% of free cash flow.
The dividend has declined 7.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$1.4B	$156M	27.4%	5.5%	15.2%	8.4%	$170M	$307M	$28M
2025	$1.2B	$96M	27.7%	-0.9%	10.2%	5.7%	$159M	$304M	$250M
2024	$1.2B	$111M	22.9%	-5.9%	12.4%	6.8%	$206M	$299M	$244M
2023	$1.4B	$257M	22.8%	2.1%	15.1%	7.0%	$539M	$692M	$422M
2022	$1.3B	$379M	25.0%	3.7%	25.6%	10.4%	-$24M	$747M	$34M
2021	$3.2B	$724M	20.2%	5.3%	51.8%	21.5%	$192M	$713M	$640M
2020	$3.1B	$79M	14.5%	0.7%	9.6%	3.4%	$241M	$703M	$147M
2019	$3.8B	$153M	12.8%	3.9%	18.5%	6.1%	$113M	$753M	$92M
2018	$3.6B	$195M	15.7%	4.0%	21.2%	7.4%	$205M	$755M	$122M
2017	$3.0B	$205M	17.8%	7.1%	21.5%	8.8%	$267M	$581M	$278M
2016	$2.8B	$144M	16.1%	4.3%	18.1%	7.0%	$316M	$584M	$84M
2015	—	$77M	—	—	10.3%	3.7%	—	$671M	$31M
2014	—	$151M	—	—	17.8%	6.6%	—	$666M	$190M
2013	—	$136M	—	—	16.4%	7.0%	$228M	$521M	$51M
2012	—	$116M	—	—	16.6%	6.2%	$142M	$534M	$41M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
May '26	$371M	$48M	27.4%	6.2%	4.7%	2.6%	$55M	$307M	$28M
Feb '26	$379M	$45M	28.9%	8.3%	4.5%	2.5%	$48M	$312M	$6M
Nov '25	$327M	$27M	25.8%	3.7%	2.8%	1.6%	$39M	$305M	$180M
Aug '25	$304M	$35M	27.1%	3.0%	3.7%	2.0%	$28M	$306M	$167M
May '25	$318M	$4M	29.3%	-9.6%	0.4%	0.2%	$49M	$304M	$250M
Feb '25	$305M	$40M	29.3%	6.9%	4.2%	2.4%	$44M	$294M	$223M
Nov '24	$274M	$28M	27.0%	1.3%	3.1%	1.7%	$34M	$296M	$194M
Aug '24	$257M	$24M	24.3%	-1.8%	2.7%	1.5%	$32M	$300M	$179M
May '24	$319M	-$32M	24.8%	-17.6%	-3.6%	-1.9%	$34M	$299M	$244M
Feb '24	$317M	$22M	23.1%	1.4%	2.4%	1.3%	$40M	$299M	$227M
Feb '24	$317M	—	0.0%	0.0%	—	—	—	—	—
Nov '23	$298M	$24M	21.2%	-4.8%	1.4%	0.7%	$102M	$625M	$431M
Aug '23	$312M	$96M	22.3%	-2.3%	5.4%	2.8%	$30M	$450M	$201M
May '23	$369M	$130M	25.5%	4.1%	7.7%	3.6%	$212M	$692M	$422M
Feb '23	$346M	$46M	22.8%	1.2%	2.9%	1.3%	$159M	$693M	$267M
Nov '22	$1.2B	$16M	9.0%	-0.6%	1.1%	0.5%	$108M	$699M	$130M
Aug '22	$1.4B	$64M	12.0%	4.7%	4.2%	1.8%	$60M	$706M	$36M
May '22	$1.5B	$80M	11.0%	4.3%	5.4%	2.2%	$142M	$747M	$34M
Feb '22	$1.4B	$56M	10.4%	2.7%	3.9%	1.5%	$51M	$813M	$44M
Nov '21	$1.2B	$110M	15.0%	7.3%	7.5%	3.1%	-$143M	$702M	$225M

Valuation over time

How the market has priced WOR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 8.3× (Mar '23) to 19.2× (Sep '26).
The price-to-sales ratio has fallen from 2.4× (Mar '23) to 2.2× (Sep '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.2% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WOR growing its revenue and profit?

Over the past 5 years, Worthington Enterprises, Inc.'s revenue has declined 15.3% per year, and net income declined 26.4% per year. These are computed facts, not advice.

How much debt does WOR have?

As of FY2026, Worthington Enterprises, Inc. reported $307M of total debt against $28M of cash; operating income covered interest expense 12×.

What is WOR's profit margin?

In FY2026, gross margin was 27.4%, operating margin 5.5%, and net margin 11.3%.

What is WOR's P/E ratio?

As of Sep '26, Worthington Enterprises, Inc. traded at a price-to-earnings ratio of about 19.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.