Worthington SteelWS -8.41%32 3-Year ROIIC % is -26.33 as of May. 2026. GuruFocus rates WS with a GF Score™ of 32/100. The stock has 8 warning signs investors should review. Among 608 Steel companies, Worthington Steel ranks worse than 77.63% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Worthington Steel's 3-Year ROIIC % for the quarter that ended in May. 2026 was -26.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Worthington Steel's 3-Year ROIIC % or its related term are showing as below:
WS's 3-Year ROIIC % is ranked worse than 77.63% of 608
companies
in the Steel industry
Industry Median: -0.25
vs WS: -26.33
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Worthington Steel 3-Year ROIIC % Related Terms
Worthington Steel 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Worthington Steel's 3-Year ROIIC % 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 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Worthington Steel's 3-Year ROIIC % falls into.
Worthington Steel's 3-Year ROIIC % for the quarter that ended in May. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 11.94987 (May. 2026) - 105.12679 (May. 2023) )
/
( 1635.9 (May. 2026) - 1282 (May. 2023) )
=
-93.17692
/
353.9
=
-26.33%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Worthington Steel (WS) has a 3-Year ROIIC % of -26.33 as of May. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Worthington Steel and its competitors. According to the industry distribution chart, Worthington Steel ranks #472 out of 608 companies in the Steel industry, placing it in the top 77.6%.
Is Worthington Steel's 3-Year ROIIC % too high?
Worthington Steel's current 3-Year ROIIC % is -26.33. Based on the distribution chart, Worthington Steel ranks #472 out of 608 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Worthington Steel has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's 3-Year ROIIC % compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #472 out of 608 companies for 3-Year ROIIC %. This places Worthington Steel in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Worthington Steel and its competitors. Worthington Steel's current 3-Year ROIIC % is -26.33. 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 3-Year ROIIC % of -26.33. The current 3-Year ROIIC % is -26.33. Worthington Steel's overall GF Score™ is 32/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Worthington Steel (WS), the current 3-Year ROIIC % is -26.33 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.
32GF Score
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