WS (Worthington Steel) Retained Earnings: $149 Mil (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WS Worthington Steel Inc WS
53 GF Score
Price $35.33
GF Value $34.03
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Worthington Steel Retained Earnings?

Worthington Steel WS +0.60% 53 Retained Earnings is $149 Mil as of May. 2026. GuruFocus rates WS with a GF Score™ of 53/100 and a GF Value™ of $34.03 (Fairly Valued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Worthington Steel's retained earnings for the quarter that ended in May. 2026 was $149 Mil.

Worthington Steel's quarterly retained earnings increased from Nov. 2025 ($204 Mil) to Feb. 2026 ($206 Mil) but then declined from Feb. 2026 ($206 Mil) to May. 2026 ($149 Mil).

Worthington Steel's annual retained earnings increased from May. 2024 ($86 Mil) to May. 2025 ($164 Mil) but then declined from May. 2025 ($164 Mil) to May. 2026 ($149 Mil).


Worthington Steel  (NYSE:WS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Worthington Steel Retained Earnings Historical Data

* Premium members only.

The historical data trend for Worthington Steel's Retained Earnings 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 Retained Earnings Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Retained Earnings
Get a 7-Day Free Trial 0.00 0.00 86.10 164.20 148.80

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Retained Earnings 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 164.20 192.50 203.50 205.70 148.80
WS
53GF Score
Worthington Steel Inc WS
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Worthington Steel Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $149 Mil mean?
Worthington Steel (WS) has a Retained Earnings of $149 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Worthington Steel and its competitors.
Is Worthington Steel's Retained Earnings too high?
Worthington Steel's current Retained Earnings is $149 Mil. 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 Retained Earnings compare to NWPX and MTUS?
Worthington Steel's Retained Earnings of $149 Mil 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 Retained Earnings for a Steel company?
A good Retained Earnings depends on the Steel industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Worthington Steel and its competitors. Worthington Steel's current Retained Earnings is $149 Mil. 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 $34.03, compared to a current price of $35.33 — trading 3.8% above its estimated fair value. The current Retained Earnings is $149 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Worthington Steel (WS), the current Retained Earnings is $149 Mil 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 $35.33 is trading 3.8% above its estimated GF Value™ of $34.03. GuruFocus considers Worthington Steel to be Fairly Valued.

Key valuation signals for WS:

  • Retained Earnings: $149 Mil
  • GF Value™: $34.03 vs. price of $35.33 (3.8% above fair value)
  • GF Score™: 53/100 with 9 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.
53GF Score

Get the complete analysis for WS

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.33
Price
$34.03
GF Value