Worthington Industries, Inc. (WOR) Stock

Worthington Industries, Inc. (WOR) is a Materials stock trading at $56.11 (as of 2026-07-24), with a market capitalization of $2.76B and a trailing P/E of 18.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility 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, energy, 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, Hawkeye, Worthington Pro Grade, and Level5 brand names. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, and other specialty products to gas producers and distributors. 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. The company was founded in 1955 and is headquartered in Columbus, Ohio.

Understand Worthington Industries, Inc.: how it makes money

Worthington Industries processes flat-rolled steel into value-added products and manufactures consumer, building, and sustainable mobility products, selling them to customers across North America and internationally through its product segments.

Its profit model is built around value-added processing of steel and manufacturing downstream products, so results depend on how strongly demand holds up across the end markets it serves (automotive, aerospace, construction, and others).

Business quality (Solid): Good consolidated snapshot (revenue, gross margin, operating margin), but the provided segment-level revenue candidates do not reconcile cleanly to the reported total revenue, limiting reliable segment-level breakdown.

Valuation: At 25× earnings, WOR trades in line with the Steel Works average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified end-market exposure: The company serves a wide set of industries across its processed steel and manufactured product offerings, including automotive, aerospace, construction, and others.
  • Value-added manufacturing focus: Worthington Industries emphasizes value-added steel processing and manufactured products, which can support resilience versus pure commodity exposure.

Bear case

  • Cyclical demand risk: Because products are used in industries like automotive, aerospace, and construction, slowdowns in those sectors can pressure sales.
  • Segment-level uncertainty: The provided segment revenue candidates do not cleanly reconcile to consolidated revenue, making it harder to assess which segments are driving results.
  • Earnings leverage can be limited by costs and mix: Even with a reported gross margin of 28.9%, the operating margin is 8.3%, so unfavorable cost or mix changes can materially affect profitability.
Valuation — source: SEC EDGAR (first-party)
Price$56.11
Market Cap$2.76B
P/E Ratio18.8
EV / EBITDA24.1
Price / Book2.76
Price / Sales2.10
FCF Yield5.8%
DCF Value (model)$118.34
DCF Upside vs Price110.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.15B
Net Margin8.3%
Revenue Growth (YoY)24.4%
EPS Growth (YoY)16.3%
FCF Growth (YoY)8.4%
Financial Health — source: SEC EDGAR
Altman Z-Score3.74 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E18.8
Sector P/E (Materials)27.1
Industry P/E (Steel Works)26.9
vs Sector-30.7%
vs Industry-30.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($267.57M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustrySteel Works
CEOJoseph Hayek
Employees6,000
CountryUS
IPO Date1980-03-17

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WOR earnings history · WOR institutional & insider holders · WOR KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.