Worthington SteelWS +4.72%21 Current Ratio is 1.46 as of May. 2026, which is 16% below its 10-year median of 1.74. GuruFocus rates WS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 638 Steel companies, Worthington Steel ranks worse than 55.96% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Worthington Steel's current ratio for the quarter that ended in May. 2026 was 1.46.
Worthington Steel has a current ratio of 1.46. It generally indicates good short-term financial strength.
The historical rank and industry rank for Worthington Steel's Current Ratio or its related term are showing as below:
WS'
s Current Ratio Range Over the Past 10 Years
Min: 1.48 Med: 1.74 Max: 2.05
Current: 1.48
During the past 6 years, Worthington Steel's highest Current Ratio was 2.05. The lowest was 1.48. And the median was 1.74.
WS's Current Ratio is ranked worse than 55.96% of 638
companies
in the Steel industry
Industry Median: 1.63
vs WS: 1.48
Worthington Steel (NYSE:WS) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Worthington Steel Current Ratio Related Terms
Worthington Steel Current Ratio Historical Data
* Premium members only.
The historical data trend for Worthington Steel's Current Ratio 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.
For the Steel subindustry, Worthington Steel's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Current Ratio distribution charts can be found below:
* The bar in red indicates where Worthington Steel's Current Ratio falls into.
* 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.
Worthington Steel (WS) has a Current Ratio of 1.46 as of May. 2026. This is 16% below median its historical median of 1.74. Over the past decade, Worthington Steel's Current Ratio has ranged from 1.48 to 2.05. According to the industry distribution chart, Worthington Steel ranks #357 out of 638 companies in the Steel industry, placing it in the top 56%.
Is Worthington Steel's Current Ratio too high?
Worthington Steel's current Current Ratio of 1.46 is 16% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 2.05. The Steel industry median Current Ratio is 1.63. Worthington Steel's value of 1.46 is 10.4% below this industry median. Based on the distribution chart, Worthington Steel ranks #357 out of 638 companies in the Steel industry, which is below the industry midpoint. Overall, Worthington Steel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Current Ratio compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #357 out of 638 companies for Current Ratio. This places Worthington Steel in the lower half of its industry. The industry median Current Ratio is 1.63. Worthington Steel's value of 1.46 is 10.4% below this benchmark. Historically, Worthington Steel's own Current Ratio has ranged from 1.48 to 2.05 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.63, Worthington Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Worthington Steel's current Current Ratio of 1.46 is 10.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Current Ratio is 1.46, which is 16% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Worthington Steel (WS) has a current Current Ratio of 1.46. The current Current Ratio is 1.46, which is 16% below median its 10-year median of 1.74 and 10.4% below the Steel industry median of 1.63. Worthington Steel's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Worthington Steel (WS), the current Current Ratio is 1.46 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
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