WS (Worthington Steel) Buyback Yield % : 0.07 (As of Dec. 13, 2024)

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What is Worthington Steel Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Worthington Steel's current buyback yield was 0.07%.

Worthington Steel Buyback Yield % Historical Data

The historical data trend for Worthington Steel's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Worthington Steel Buyback Yield % Chart

Worthington Steel Annual Data

Trend

May21

May22

May23

May24

Buyback Yield %

-0.02

Worthington Steel Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Buyback Yield %	Get a 7-Day Free Trial						-	-	-	-	0.37

Competitive Comparison of Worthington Steel's Buyback Yield %

For the Steel subindustry, Worthington Steel's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Worthington Steel's Buyback Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Buyback Yield % falls into.

Worthington Steel Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Worthington Steel's Buyback Yield for the fiscal year that ended in May. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	0.3)	/	1627.446185
	=	-0.02%

Worthington Steel's annualized Buyback Yield for the quarter that ended in Aug. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-1.6	+	0)	*	4	/	1749.63438
	=	0.37%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Aug. 2024) data.

Worthington Steel Buyback Yield % Related Terms

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Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

Z2J:Germany

Address

100 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonsteel.com

Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.