Worthington Industries Inc (WOR)
Profitability ratios
Return on sales
| 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 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.69% | 16.72% | 15.89% | 14.39% | 11.72% | 10.69% | 12.00% | 13.64% | 16.45% | 19.46% | 20.82% | 20.15% | 17.93% | 16.17% | 15.12% | 14.49% | 14.16% | 12.98% | 12.52% | 12.77% |
| Operating profit margin | 5.19% | 5.14% | 5.00% | 4.48% | 2.90% | 2.97% | 4.70% | 6.28% | 7.96% | 9.47% | 9.31% | 5.28% | 2.26% | 0.43% | 0.24% | 0.74% | 1.42% | 2.16% | 2.19% | 3.85% |
| Pretax margin | 9.60% | 9.99% | 9.48% | 8.00% | 6.01% | 5.18% | 7.32% | 9.43% | 11.28% | 12.92% | 8.16% | 28.38% | 27.85% | 25.95% | 30.64% | 3.44% | 3.84% | 4.15% | 3.37% | 5.23% |
| Net profit margin | 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% | 2.58% | 2.96% | 3.20% | 2.58% | 4.08% |
Worthington Industries Inc's profitability ratios have shown some fluctuations over the periods analyzed. The gross profit margin has ranged from 10.69% to 20.82%, indicating variability in the company's ability to generate profit after accounting for the cost of goods sold. The operating profit margin has also varied, ranging from 0.24% to 9.47%, reflecting the company's efficiency in managing operating expenses.
The pretax margin has displayed significant swings, moving from 3.44% to 30.64%. This metric reflects Worthington Industries' ability to generate profit before accounting for taxes, with the company experiencing notable changes in profitability over time. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, has fluctuated between 2.58% and 24.10%.
Overall, Worthington Industries Inc's profitability ratios indicate a mix of profitability levels and fluctuations in performance across the periods analyzed. It would be important to further investigate the factors driving these variations to assess the company's long-term profitability sustainability.
Return on investment
| 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 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.65% | 5.53% | 5.67% | 5.10% | 3.69% | 4.80% | 7.41% | 9.04% | 10.01% | 10.99% | 9.40% | 4.96% | 2.02% | 0.40% | 0.22% | 0.96% | 1.98% | 3.13% | 3.33% | 5.77% |
| Return on assets (ROA) | 15.97% | 8.28% | 8.30% | 7.03% | 5.91% | 6.40% | 8.86% | 10.41% | 11.04% | 12.05% | 6.75% | 21.46% | 19.96% | 18.96% | 22.36% | 3.38% | 4.13% | 4.64% | 3.93% | 6.11% |
| Return on total capital | 31.17% | 19.17% | 19.07% | 15.07% | 13.10% | 14.35% | 19.87% | 24.15% | 26.07% | 25.55% | 14.94% | 44.13% | 40.15% | 38.26% | 44.03% | 8.99% | 10.77% | 11.78% | 10.77% | 16.42% |
| Return on equity (ROE) | 29.86% | 16.55% | 16.26% | 15.13% | 13.05% | 14.33% | 20.56% | 25.62% | 28.43% | 28.65% | 16.49% | 51.77% | 47.75% | 44.96% | 50.64% | 9.60% | 12.22% | 13.38% | 11.90% | 18.46% |
Worthington Industries Inc has shown fluctuating profitability ratios over the past several quarters.
- Operating return on assets (Operating ROA) has varied between 0.22% to 11.65%. The highest value was observed in February 2024, indicating the company generated an operating profit of 11.65 cents on every dollar of assets.
- Return on assets (ROA) fluctuated between 3.38% and 22.36% during the same period. The highest ROA was recorded in August 2020, showcasing a return of 22.36 cents on each dollar of assets.
- Return on total capital has ranged from 8.99% to 44.03%. The peak was seen in August 2020, with a return of 44.03 cents on every dollar of total capital employed.
- Return on equity (ROE) has varied between 9.60% and 51.77%. The highest ROE was reported in May 2021, with the company generating 51.77 cents of profit for each dollar of shareholders' equity.
In general, ROE tends to be higher than ROA, indicating the company is leveraging its equity to generate additional profits. The return on total capital also reflects a strong performance, with the company generating substantial returns on the total capital deployed in its operations.
It is important to monitor these ratios over time to assess the company's efficiency in generating profits relative to the resources it employs and the capital it invests.