Worthington Steel (WS) Revenue & Revenue Breakdown


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Worthington Steel Revenue Highlights


Latest Revenue (Y)

$3.43B

Latest Revenue (Q)

$805.80M

Main Segment (Y)

Steel Processing

Main Geography (Y)

UNITED STATES

Worthington Steel Revenue by Period


Worthington Steel Revenue by Year

DateRevenueChange
2024-05-31$3.43B-5.01%
2023-05-31$3.61B-11.24%
2022-05-31$4.07B91.26%
2021-05-31$2.13B-

Worthington Steel generated $3.43B in revenue during NA 2023, up -5.01% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Worthington Steel Revenue by Quarter

DateRevenueChange
2024-02-29$805.80M-0.27%
2023-11-30$808.00M-10.89%
2023-08-31$906.73M2.12%
2023-05-31$887.89M13.73%
2023-02-28$780.70M-10.10%
2022-11-30$868.40M-19.19%
2022-08-31$1.07B-

Worthington Steel generated $805.80M in revenue during Q3 2023, up -0.27% compared to the previous quarter, and up 92.79% compared to the same period a year ago.

Worthington Steel Revenue Breakdown


Worthington Steel Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMay 24
Steel Processing$3.27B

Worthington Steel's latest annual revenue breakdown by segment (product or service), as of May 24: Steel Processing (100.00%).

Quarterly Revenue by Product

Product/ServiceFeb 24Nov 23
Direct$763.30M$769.80M

Worthington Steel's latest quarterly revenue breakdown by segment (product or service), as of Feb 24: Direct (100.00%).

Worthington Steel Revenue Breakdown by Country

Annual Revenue by Country

CountryMay 24
CANADA$392.60M
MEXICO$181.30M
Other Countries$104.70M
UNITED STATES$2.75B

Worthington Steel's latest annual revenue breakdown by geography, as of May 24: UNITED STATES (80.22%), CANADA (11.44%), MEXICO (5.28%), and Other Countries (3.05%).

WS Revenue FAQ


Worthington Steel's yearly revenue for 2023 was $3.43B, representing a decrease of -5.01% compared to 2022. The company's yearly revenue for 2022 was $3.61B, representing a decrease of -11.24% compared to 2021. WS's yearly revenue for 2021 was $4.07B, representing an increase of 91.26% compared to 2020.

Worthington Steel's quarterly revenue for Q3 2023 was $805.8M, a -0.27% decrease from the previous quarter (Q2 2023), and a 3.22% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $808M, a -10.89% decrease from the previous quarter (Q1 2023), and a -6.96% decrease year-over-year (Q2 2022). WS's quarterly revenue for Q1 2023 was $906.73M, a 2.12% increase from the previous quarter (Q4 2022), and a -15.62% decrease year-over-year (Q1 2022).

Worthington Steel's revenue growth rate for the last 3 years (2021-2023) was -15.69%

Worthington Steel's revenue streams in y 24 are Steel Processing

For the fiscal year ending May 24, the largest source of revenue of Worthington Steel was Steel Processing. This segment made a revenue of $3.27B, representing 100.00% of the company's total revenue.