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Worthington Steel (WS) Revenue & Revenue Breakdown

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Worthington Steel Revenue Highlights

Latest Revenue (Y)

$3.43B

Latest Revenue (Q)

$834.00M

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
2024-08-31$834.00M-8.45%
2024-05-31$911.00M13.06%
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 $834.00M in revenue during Q1 2024, up -8.45% compared to the previous quarter, and up 93.93% 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/ServiceAug 24Feb 24Nov 23
Steel Processing$789.90M--
Direct-$763.30M$769.80M

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

Worthington Steel Revenue Breakdown by Country

Annual Revenue by Country

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

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

What is Worthington Steel’s yearly revenue?

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.

What is Worthington Steel’s quarterly revenue?

Worthington Steel's quarterly revenue for Q1 2024 was $834M, a -8.45% decrease from the previous quarter (Q4 2023), and a -8.02% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $911M, a 13.06% increase from the previous quarter (Q3 2023), and a 2.60% increase year-over-year (Q4 2022). WS'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).

What is Worthington Steel’s revenue growth rate?

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

What are Worthington Steel’s revenue streams?

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

What is Worthington Steel’s main source of revenue?

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.