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WS (Worthington Steel) Pretax Margin % : 2.49% (As of Feb. 2025)


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What is Worthington Steel Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Worthington Steel's Pre-Tax Income for the three months ended in Feb. 2025 was $17 Mil. Worthington Steel's Revenue for the three months ended in Feb. 2025 was $687 Mil. Therefore, Worthington Steel's pretax margin for the quarter that ended in Feb. 2025 was 2.49%.

The historical rank and industry rank for Worthington Steel's Pretax Margin % or its related term are showing as below:

WS' s Pretax Margin % Range Over the Past 10 Years
Min: 3.57   Med: 6.28   Max: 11.15
Current: 4.68


WS's Pretax Margin % is ranked better than
61.7% of 611 companies
in the Steel industry
Industry Median: 2.92 vs WS: 4.68

Worthington Steel Pretax Margin % Historical Data

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.

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Worthington Steel Pretax Margin % Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24
Pretax Margin %
11.15 6.25 3.57 6.30

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.24 8.27 4.34 2.67 2.49

Competitive Comparison of Worthington Steel's Pretax Margin %

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's Pretax Margin % Distribution in the 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.


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Worthington Steel Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Worthington Steel's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=216.2/3430.6
=6.30 %

Worthington Steel's Pretax Margin for the quarter that ended in Feb. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2025 )/Revenue (Q: Feb. 2025 )
=17.1/687.4
=2.49 %

* 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  (NYSE:WS) Pretax Margin % Explanation

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

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Worthington Steel Business Description

Traded in Other Exchanges
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.