Worthington Industries Inc (WOR)
Net profit margin
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 96,053 | 110,624 | 256,528 | 379,386 | 723,795 |
| Revenue | US$ in thousands | 1,153,760 | 1,245,700 | 4,916,390 | 5,242,220 | 3,171,430 |
| Net profit margin | 8.33% | 8.88% | 5.22% | 7.24% | 22.82% |
May 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $96,053K ÷ $1,153,760K
= 8.33%
The net profit margin of Worthington Industries Inc has demonstrated notable fluctuations over the period from May 2021 to May 2025. As of May 31, 2021, the company achieved a high net profit margin of 22.82%, indicating a robust ability to convert sales into profit. However, by May 31, 2022, the net profit margin significantly declined to 7.24%, reflecting a substantial reduction in profitability relative to sales. This downward trend continued into May 31, 2023, with the margin further decreasing to 5.22%, suggesting ongoing challenges in maintaining previous profit levels.
In the subsequent year, the margin experienced a recovery, rising to 8.88% as of May 31, 2024. This improvement indicates some degree of operational or strategic adjustments that positively impacted profitability. Nonetheless, by May 31, 2025, the net profit margin slightly decreased again to 8.33%, suggesting stabilization at a lower level compared to 2021 but higher than the trough in 2023.
Overall, the net profit margin reflects a period of volatility, with a peak in 2021, a sharp decline through 2022 and 2023, followed by partial recovery and stabilization in 2024 and 2025. This trend highlights the company’s varying ability to translate sales into profit over the analyzed timeframe, possibly influenced by market, operational, or industry-specific factors.
Peer comparison
May 31, 2025