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WOR (Worthington Enterprises) Return-on-Tangible-Asset : 14.99% (As of Feb. 2025)


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What is Worthington Enterprises Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Worthington Enterprises's annualized Net Income for the quarter that ended in Feb. 2025 was $159 Mil. Worthington Enterprises's average total tangible assets for the quarter that ended in Feb. 2025 was $1,059 Mil. Therefore, Worthington Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was 14.99%.

The historical rank and industry rank for Worthington Enterprises's Return-on-Tangible-Asset or its related term are showing as below:

WOR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.14   Med: 8.43   Max: 31.42
Current: 5.64

During the past 13 years, Worthington Enterprises's highest Return-on-Tangible-Asset was 31.42%. The lowest was 4.14%. And the median was 8.43%.

WOR's Return-on-Tangible-Asset is ranked better than
65.84% of 3027 companies
in the Industrial Products industry
Industry Median: 3.3 vs WOR: 5.64

Worthington Enterprises Return-on-Tangible-Asset Historical Data

The historical data trend for Worthington Enterprises's Return-on-Tangible-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.

* Premium members only.

Worthington Enterprises Return-on-Tangible-Asset Chart

Worthington Enterprises Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 31.42 13.26 8.51 5.31

Worthington Enterprises Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Return-on-Tangible-Asset 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 Premium Member Only Premium Member Only 4.41 -11.46 9.21 10.95 14.99

Competitive Comparison of Worthington Enterprises's Return-on-Tangible-Asset

For the Metal Fabrication subindustry, Worthington Enterprises's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Enterprises's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Worthington Enterprises's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Worthington Enterprises's Return-on-Tangible-Asset falls into.


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Worthington Enterprises Return-on-Tangible-Asset Calculation

Worthington Enterprises's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=110.624/( (3083.889+1085.971)/ 2 )
=110.624/2084.93
=5.31 %

Worthington Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=158.652/( (1043.116+1074.105)/ 2 )
=158.652/1058.6105
=14.99 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Feb. 2025) net income data.


Worthington Enterprises  (NYSE:WOR) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Worthington Enterprises Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Worthington Enterprises's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Worthington Enterprises Business Description

Traded in Other Exchanges
Address
200 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.
Executives
Joseph B Hayek officer: VP Mergers & Acquisitions 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Horton Ozey K Jr director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
B Andrew Rose officer: CFO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Michael J Endres director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Geoffrey G Gilmore officer: President, Worthington Steel 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Eric M Smolenski officer: VP-HUMAN RESOURCES 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Catherine M Lyttle officer: Vice President-Communications 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Jeffrey R Klingler officer: President, Worthington Steel 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Mcconnell John P/oh director, officer: Chairman/Chief Exec Officer 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Mcconnell John H Ii director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Patrick J. Kennedy officer: VP-General Counsel & Secy 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
David P Blom director 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Sidney A Ribeau director
Steven R Witt officer: Controller WORTHINGTON INDUSTRIES, INC, 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085