Worthington SteelWS +4.72%21 Pretax Margin % is -7.16% as of May. 2026. GuruFocus rates WS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 615 Steel companies, Worthington Steel ranks better than 66.02% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Worthington Steel Pretax Margin % Related Terms
Worthington Steel Pretax Margin % Historical Data
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The historical data trend for Worthington Steel's Pretax Margin % 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 Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Worthington Steel's Pretax Margin % 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 Pretax Margin % of -7.16% as of May. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Worthington Steel and its competitors. Over the past decade, Worthington Steel's Pretax Margin % has ranged from 3.57 to 11.15. According to the industry distribution chart, Worthington Steel ranks #209 out of 615 companies in the Steel industry, placing it in the top 34%.
Is Worthington Steel's Pretax Margin % too high?
Worthington Steel's current Pretax Margin % is -7.16%. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 11.15. Based on the distribution chart, Worthington Steel ranks #209 out of 615 companies in the Steel industry, which is above 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 Pretax Margin % compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #209 out of 615 companies for Pretax Margin %. This puts Worthington Steel in the upper half of its industry. The industry median Pretax Margin % is 2.56. Historically, Worthington Steel's own Pretax Margin % has ranged from 3.57 to 11.15 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 Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.56, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Worthington Steel and its competitors. For the Steel industry, the median Pretax Margin % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Pretax Margin % is -7.16%. 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 Pretax Margin % of -7.16%. The current Pretax Margin % is -7.16%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Worthington Steel (WS), the current Pretax Margin % is -7.16% 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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