WS (Worthington Steel) Effective Interest Rate on Debt %: 21.73% (As of May. 2026)


WS Worthington Steel Inc WS
54 GF Score
Price $33.58
GF Value $33.60
Valuation Fairly Valued
! 10 Warning Signs
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What is Worthington Steel Effective Interest Rate on Debt %?

Worthington Steel WS -4.49% 54 Effective Interest Rate on Debt % is 21.73% as of May. 2026. GuruFocus rates WS with a GF Score™ of 54/100 and a GF Value™ of $33.60 (Fairly Valued). The stock has 10 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Worthington Steel's annualized positive value of Interest Expense for the quarter that ended in May. 2026 was $77 Mil. Worthington Steel's average total debt for the quarter that ended in May. 2026 was $354 Mil. Therefore, Worthington Steel's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 was 21.73%.


Worthington Steel  (NYSE:WS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Worthington Steel Effective Interest Rate on Debt % Related Terms


Worthington Steel Effective Interest Rate on Debt % Historical Data

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The historical data trend for Worthington Steel's Effective Interest Rate on Debt % 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.

Worthington Steel Effective Interest Rate on Debt % Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.70 2.36 3.70 3.14 9.24

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.92 4.13 3.53 2.66 21.73

WS vs NWPX, MTUS, MSB: Effective Interest Rate on Debt % Comparison

For the Steel subindustry, Worthington Steel's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Effective Interest Rate on Debt % falls into.


WS
54GF Score
Worthington Steel Inc WS
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington Steel Effective Interest Rate on Debt % Calculation

Worthington Steel's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2025 )+Total Debt  (A: May. 2026 ))/ count )
=-1  *  -26.9/( (227.9+354.4)/ 2 )
=-1  *  -26.9/291.15
=9.24 %

where

Total Debt  (A: May. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128.7 + 225.7
=354.4

Worthington Steel's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2026 )+Total Debt  (Q: May. 2026 ))/ count )
=-1  *  -76.8/( (352.6+354.4)/ 2 )
=-1  *  -76.8/353.5
=21.73 %

where

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.1 + 233.5
=352.6

Total Debt  (Q: May. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128.7 + 225.7
=354.4

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (May. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 21.73% mean?
Worthington Steel (WS) has a Effective Interest Rate on Debt % of 21.73% as of May. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Worthington Steel and its competitors.
Is Worthington Steel's Effective Interest Rate on Debt % too high?
Worthington Steel's current Effective Interest Rate on Debt % is 21.73%. 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 Effective Interest Rate on Debt % compare to NWPX and MTUS?
Worthington Steel's Effective Interest Rate on Debt % of 21.73% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Steel company?
A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Worthington Steel and its competitors. Worthington Steel's current Effective Interest Rate on Debt % is 21.73%. 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 $33.60, compared to a current price of $33.58 — trading 0.1% below its estimated fair value. The current Effective Interest Rate on Debt % is 21.73%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Worthington Steel (WS), the current Effective Interest Rate on Debt % is 21.73% 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 $33.58 is trading 0.1% below its estimated GF Value™ of $33.60. GuruFocus considers Worthington Steel to be Fairly Valued.

Key valuation signals for WS:

  • Effective Interest Rate on Debt %: 21.73%
  • GF Value™: $33.60 vs. price of $33.58 (0.1% below fair value)
  • GF Score™: 54/100 with 10 warning signs

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 Business Description

Other Exchanges Z2J:Germany
Address 100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
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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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.58
Price
$33.60
GF Value