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Worthington SteelWS -0.84%53 Equity-to-Asset is 0.47 as of May. 2026, which is 13% below its 10-year median of 0.54. GuruFocus rates WS with a GF Score™ of 53/100 and a GF Value™ of $34.08 (Fairly Valued). The stock has 9 warning signs investors should review. Among 635 Steel companies, Worthington Steel ranks worse than 60.63% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Worthington Steel's Total Stockholders Equity for the quarter that ended in May. 2026 was $1,072 Mil. Worthington Steel's Total Assets for the quarter that ended in May. 2026 was $2,269 Mil.
Therefore, Worthington Steel's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.47.
The historical rank and industry rank for Worthington Steel's Equity-to-Asset or its related term are showing as below:
WS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.54 Max: 0.58
Current: 0.47
During the past 6 years, the highest Equity to Asset Ratio of Worthington Steel was 0.58. The lowest was 0.47. And the median was 0.54.
WS's Equity-to-Asset is ranked worse than 60.63% of 635
companies
in the Steel industry
Industry Median: 0.55
vs WS: 0.47
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Worthington Steel Equity-to-Asset Related Terms
Worthington Steel Equity-to-Asset Historical Data
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The historical data trend for Worthington Steel's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Worthington Steel's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Worthington Steel's Equity to Asset Ratio for the fiscal year that ended in May. 2026 is calculated as
* 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 Equity-to-Asset of 0.47 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Worthington Steel and its competitors. This is 13% below median its historical median of 0.54. Over the past decade, Worthington Steel's Equity-to-Asset has ranged from 0.47 to 0.58. According to the industry distribution chart, Worthington Steel ranks #385 out of 635 companies in the Steel industry, placing it in the top 60.6%.
Is Worthington Steel's Equity-to-Asset too high?
Worthington Steel's current Equity-to-Asset of 0.47 is 13% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.58. The Steel industry median Equity-to-Asset is 0.55. Worthington Steel's value of 0.47 is 14.5% below this industry median. Based on the distribution chart, Worthington Steel ranks #385 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Worthington Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Equity-to-Asset compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #385 out of 635 companies for Equity-to-Asset. This places Worthington Steel in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Worthington Steel's value of 0.47 is 14.5% below this benchmark. Historically, Worthington Steel's own Equity-to-Asset has ranged from 0.47 to 0.58 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.55, 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 Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Worthington Steel's current Equity-to-Asset of 0.47 is 14.5% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Worthington Steel and its competitors. For the Steel industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Equity-to-Asset is 0.47, which is 13% below median its own 10-year median of 0.54. 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 $34.08, compared to a current price of $35.51 — trading 4.2% above its estimated fair value. The current Equity-to-Asset is 0.47, which is 13% below median its 10-year median of 0.54 and 14.5% below the Steel industry median of 0.55. Worthington Steel's overall GF Score™ is 53/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Worthington Steel (WS), the current Equity-to-Asset is 0.47 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 overvalued.
The current stock price of $35.51 is trading 4.2% above its estimated GF Value™ of $34.08.
GuruFocus considers Worthington Steel to be Fairly Valued.
Key valuation signals for WS:
Equity-to-Asset: 0.47 (13% below median its 10-year median of 0.54)
GF Value™: $34.08 vs. price of $35.51 (4.2% above fair value)
Industry Position: 14.5% below the Steel median (#385 of 635)
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.
53GF Score
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