Worthington Steel Inc (WS)
Fixed asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,093,300 | 3,171,400 | 3,289,800 | 3,358,800 | 3,431,528 | 3,408,415 | 3,383,315 | 3,443,715 | 3,611,627 | 3,798,380 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 505,500 | 490,319 | — |
| Fixed asset turnover | — | — | — | — | — | — | — | 6.81 | 7.37 | — |
May 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,093,300K ÷ $—K
= —
The fixed asset turnover ratio for Worthington Steel Inc. exhibits variability over the reported periods. Specifically, as of May 31, 2023, the ratio stands at 7.37, indicating that the company generated approximately 7.37 dollars of sales for each dollar invested in fixed assets during that period. This ratio experienced a slight decline by August 31, 2023, decreasing to 6.81, which suggests a modest reduction in sales efficiency relative to the company's fixed asset base.
Notably, prior to May 31, 2023, and subsequent to August 31, 2023, the ratio is not reported ("—"), possibly reflecting the absence of available or complete data for those periods. The absence of further data points after August 31, 2023, precludes the analysis of trend continuation or further performance insights beyond the last reported figure.
Overall, the available data indicates that during the mid-2023 period, Worthington Steel Inc. maintained a relatively high fixed asset turnover ratio, though with a slight decline. This could suggest a temporary reduction in operational efficiency or changes in asset utilization, but due to limited data points, comprehensive trend analysis remains constrained.
Peer comparison
May 31, 2025