Worthington Industries Inc (WOR)
Operating profit margin
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 94,970 | -73,459 | 394,200 | 531,603 | 1,017,900 |
| Revenue | US$ in thousands | 1,153,760 | 1,245,700 | 4,916,390 | 5,242,220 | 3,171,430 |
| Operating profit margin | 8.23% | -5.90% | 8.02% | 10.14% | 32.10% |
May 31, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $94,970K ÷ $1,153,760K
= 8.23%
The operating profit margin of Worthington Industries Inc. has experienced significant fluctuations over the analyzed period. As of May 31, 2021, the company maintained a robust operating profit margin of 32.10%, indicating strong operational efficiency and profitability at that time. However, by May 31, 2022, this margin had contracted sharply to 10.14%, reflecting a substantial decline in operating performance.
This downward trend continued into May 31, 2023, with the operating profit margin decreasing further to 8.02%. The decline persisted into May 31, 2024, where the company reported a negative operating profit margin of -5.90%, suggesting operational losses during that fiscal year and highlighting challenges in maintaining profitability.
Interestingly, by May 31, 2025, the operating profit margin rebounded to 8.23%, surpassing the previous year's figure and indicating an improvement in operating efficiency and possibly better cost management or increased sales effectiveness. This recovery, after a period of negative margin, may signal a strategic turnaround or operational adjustments that have begun to yield positive results.
Overall, the company's operating profit margin has exhibited notable volatility within this timeframe, moving from high profitability through a significant decline into losses, followed by a recovery. This pattern underscores the importance of analyzing underlying operational factors and market conditions that have contributed to these shifts in margin performance.
Peer comparison
May 31, 2025