A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Worthington Steel's Debt-to-EBITDA or its related term are showing as below:
WS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.64 Max: 2.58
Current: 2.58
During the past 6 years, the highest Debt-to-EBITDA Ratio of Worthington Steel was 2.58. The lowest was 0.03. And the median was 0.64.
WS's Debt-to-EBITDA is ranked better than 54.07% of 492
companies
in the Steel industry
Industry Median: 2.865
vs WS: 2.58
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Worthington Steel Debt-to-EBITDA Related Terms
Worthington Steel Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Worthington Steel's Debt-to-EBITDA 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 Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Worthington Steel's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.
Worthington Steel (WS) has a Debt-to-EBITDA of -3.40 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Worthington Steel. Over the past decade, Worthington Steel's Debt-to-EBITDA has ranged from 0.03 to 2.58. According to the industry distribution chart, Worthington Steel ranks #226 out of 492 companies in the Steel industry, placing it in the top 45.9%.
Is Worthington Steel's Debt-to-EBITDA too high?
Worthington Steel's current Debt-to-EBITDA is -3.40. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 2.58. Based on the distribution chart, Worthington Steel ranks #226 out of 492 companies in the Steel industry, which is above the industry midpoint. Overall, Worthington Steel has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Debt-to-EBITDA compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #226 out of 492 companies for Debt-to-EBITDA. This puts Worthington Steel in the upper half of its industry. The industry median Debt-to-EBITDA is 2.87. Historically, Worthington Steel's own Debt-to-EBITDA has ranged from 0.03 to 2.58 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Worthington Steel. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Debt-to-EBITDA is -3.40. 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?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $33.88, compared to a current price of $32.16 — trading 5.1% below its estimated fair value. The current Debt-to-EBITDA is -3.40. Worthington Steel's overall GF Score™ is 54/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Worthington Steel (WS), the current Debt-to-EBITDA is -3.40 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.
Is Worthington Steel (WS) Overvalued in 2026?
Based on GuruFocus' analysis, Worthington Steel stock appears to be undervalued.
The current stock price of $32.16 is trading 5.1% below its estimated GF Value™ of $33.88.
GuruFocus considers Worthington Steel to be Fairly Valued.
Key valuation signals for WS:
Debt-to-EBITDA: -3.40
GF Value™: $33.88 vs. price of $32.16 (5.1% below fair value)
No single metric tells the full story. See the WS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
54GF Score
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