Worthington Steel Inc (WS)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 388,600 | 390,700 | 431,600 | 411,800 | 440,854 | 465,859 | 423,859 | 406,659 | 365,810 | 300,310 |
| 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 |
| Gross profit margin | 12.56% | 12.32% | 13.12% | 12.26% | 12.85% | 13.67% | 12.53% | 11.81% | 10.13% | 7.91% |
May 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $388,600K ÷ $3,093,300K
= 12.56%
The gross profit margin of Worthington Steel Inc. demonstrates a generally upward trend over the analyzed period, reflecting an improvement in the company's ability to earn profit from its sales before accounting for operating expenses. Starting at 7.91% as of February 28, 2023, the margin increased steadily, reaching a peak of 13.67% by February 29, 2024. This represents a significant rise, indicating that the company managed to enhance its pricing strategies, reduce costs, or optimize product mix during this timeframe.
Following this peak, the gross profit margin experienced slight fluctuations, decreasing to 12.85% by May 31, 2024, and then further declining to 12.26% as of August 31, 2024. The margin then recovered modestly to 13.12% by November 30, 2024, before experiencing a slight decrease to 12.32% as of February 28, 2025. The most recent data points show a marginal increase to 12.56% as of May 31, 2025.
Overall, the pattern indicates an initial period of substantial improvement in gross profit margin, followed by minor fluctuations around a relatively stable higher range, suggesting that Worthington Steel Inc. has achieved a more consistent and improved gross profitability stance compared to the initial period. The trend signals effective management of production costs or pricing strategies that bolster gross profitability, although the slight declines in certain intervals point to potential pressures such as increased input costs or competitive dynamics impacting margins.
Peer comparison
May 31, 2025