WS (Worthington Steel) ROE %: -17.74% (As of May. 2026)


WS Worthington Steel Inc WS
21 GF Score
Price $38.57
! 5 Warning Signs
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What is Worthington Steel ROE %?

Worthington Steel WS +4.72% 21 ROE % is -17.74% as of May. 2026. GuruFocus rates WS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 622 Steel companies, Worthington Steel ranks better than 80.39% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Worthington Steel's annualized net income for the quarter that ended in May. 2026 was $-195 Mil. Worthington Steel's average Total Stockholders Equity over the quarter that ended in May. 2026 was $1,098 Mil. Therefore, Worthington Steel's annualized ROE % for the quarter that ended in May. 2026 was -17.74%.

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

WS' s ROE % Range Over the Past 10 Years
Min: 8.06   Med: 15.36   Max: 25.86
Current: 11.2

During the past 6 years, Worthington Steel's highest ROE % was 25.86%. The lowest was 8.06%. And the median was 15.36%.

WS's ROE % is ranked better than
80.39% of 622 companies
in the Steel industry
Industry Median: 3.69 vs WS: 11.20

Worthington Steel  (NYSE:WS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: May. 2026 )
=Net Income/Total Stockholders Equity
=-194.8/1098.3
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-194.8 / 3716.8)*(3716.8 / 2292.25)*(2292.25 / 1098.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.24 %*1.6215*2.0871
=ROA %*Equity Multiplier
=-8.5 %*2.0871
=-17.74 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: May. 2026 )
=Net Income/Total Stockholders Equity
=-194.8/1098.3
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-194.8 / -266) * (-266 / 147.6) * (147.6 / 3716.8) * (3716.8 / 2292.25) * (2292.25 / 1098.3)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7323 * -1.8022 * 3.97 % * 1.6215 * 2.0871
=-17.74 %

Note: The net income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Worthington Steel ROE % Related Terms


Worthington Steel ROE % Historical Data

* Premium members only.

The historical data trend for Worthington Steel's ROE % 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 ROE % Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
ROE %
Get a 7-Day Free Trial 20.11 8.06 15.36 10.75 1.61

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
ROE % 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 21.36 13.51 6.77 3.71 -17.74

WS vs NWPX, MTUS, MSB: ROE % Comparison

For the Steel subindustry, Worthington Steel's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's ROE % distribution charts can be found below:

* The bar in red indicates where Worthington Steel's ROE % falls into.


WS
21GF Score
Worthington Steel Inc WS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington Steel ROE % Calculation

Worthington Steel's annualized ROE % for the fiscal year that ended in May. 2026 is calculated as

ROE %=Net Income (A: May. 2026 )/( (Total Stockholders Equity (A: May. 2025 )+Total Stockholders Equity (A: May. 2026 ))/ count )
=17.3/( (1074.1+1072.1)/ 2 )
=17.3/1073.1
=1.61 %

Worthington Steel's annualized ROE % for the quarter that ended in May. 2026 is calculated as

ROE %=Net Income (Q: May. 2026 )/( (Total Stockholders Equity (Q: Feb. 2026 )+Total Stockholders Equity (Q: May. 2026 ))/ count )
=-194.8/( (1124.5+1072.1)/ 2 )
=-194.8/1098.3
=-17.74 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (May. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -17.74% mean?
Worthington Steel (WS) has a ROE % of -17.74% as of May. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Worthington Steel and its competitors. Over the past decade, Worthington Steel's ROE % has ranged from 8.06 to 25.86. According to the industry distribution chart, Worthington Steel ranks #122 out of 622 companies in the Steel industry, placing it in the top 19.6%.
Is Worthington Steel's ROE % too high?
Worthington Steel's current ROE % is -17.74%. Over the past 10 years, this metric has ranged from a low of 8.06 to a high of 25.86. Based on the distribution chart, Worthington Steel ranks #122 out of 622 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #122 out of 622 companies for ROE %. This places Worthington Steel in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 3.69. Historically, Worthington Steel's own ROE % has ranged from 8.06 to 25.86 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 ROE % for a Steel company?
The median ROE % among Steel companies is 3.69, based on 622 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Worthington Steel and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current ROE % is -17.74%. 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 ROE % of -17.74%. The current ROE % is -17.74%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Worthington Steel (WS), the current ROE % is -17.74% 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 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.
21GF Score

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