Worthington Industries Inc (WOR)

Net profit margin

May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020
Net income (ttm) US$ in thousands 96,053 60,390 42,727 38,769 110,622 272,311 296,636 288,552 256,528 206,877 216,894 310,977 379,386 412,689 423,956 239,611 723,795 626,415 574,117 700,247
Revenue (ttm) US$ in thousands 1,153,762 1,154,679 1,166,910 1,979,784 2,915,736 3,825,795 3,855,355 3,943,975 4,159,375 4,450,815 5,482,740 5,540,060 5,242,220 4,700,239 4,081,108 3,579,340 3,171,429 2,804,737 2,809,624 2,906,169
Net profit margin 8.33% 5.23% 3.66% 1.96% 3.79% 7.12% 7.69% 7.32% 6.17% 4.65% 3.96% 5.61% 7.24% 8.78% 10.39% 6.69% 22.82% 22.33% 20.43% 24.10%

May 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $96,053K ÷ $1,153,762K
= 8.33%

The net profit margin for Worthington Industries Inc exhibits significant fluctuations over the analyzed period. Starting at a high of 24.10% on August 31, 2020, the margin experienced a steady decline, reaching a low point of approximately 1.96% as of August 31, 2024. This downward trend indicates a notable deterioration in profitability efficiency during this interval.

Within the observed timeframe, there are intermittent periods of modest recovery; for example, the margin increased from 3.96% on November 30, 2022, to 7.69% in November 2023, suggesting brief periods of improved profit retention relative to sales. The most recent data points reflect a slight resurgence, with the margin rising to 8.33% as of May 31, 2025, after reaching a preliminary low of 3.66% on November 30, 2024.

Overall, the company's net profit margin has demonstrated a volatile pattern characterized by sharp declines and partial recoveries. The trend points toward a period of declining profitability efficiency commencing around late 2021 through mid-2024, followed by a modest rebound in the subsequent months. This pattern may be indicative of underlying operational or market challenges that have temporarily impacted profitability but also hints at potential stabilizations or improvements based on recent upward movements.


Peer comparison

May 31, 2025

Company name
Symbol
Net profit margin
Worthington Industries Inc
WOR
8.33%
Gibraltar Industries Inc
ROCK
10.49%
Insteel Industries Inc
IIIN
3.65%
Worthington Steel Inc
WS
3.58%