Worthington Steel Inc (WS)
Net profit margin
| May 31, 2025 | May 31, 2024 | Aug 31, 2023 | May 31, 2023 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 110,700 | 154,700 | 84,324 | 87,100 | 180,375 |
| Revenue | US$ in thousands | 3,093,300 | 3,430,600 | 3,611,590 | 3,611,590 | 4,068,930 |
| Net profit margin | 3.58% | 4.51% | 2.33% | 2.41% | 4.43% |
May 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $110,700K ÷ $3,093,300K
= 3.58%
The net profit margin of Worthington Steel Inc. has exhibited notable fluctuations over the provided period. As of August 31, 2022, the company's net profit margin stood at 4.43%, indicating a relatively healthy proportion of net income relative to revenue at that time. By May 31, 2023, the margin had declined significantly to 2.41%, suggesting a decrease in profitability efficiency or increased costs impacting net income. This downward trend persisted into August 31, 2023, with the net profit margin slightly decreasing further to 2.33%, reflecting ongoing challenges in maintaining previously higher profit levels. However, a notable improvement was observed by May 31, 2024, when the margin surged to 4.51%, surpassing the earlier peak observed in August 2022. This indicates an enhancement in profitability or a reduction in costs during that period. Subsequently, the margin decreased to 3.58% as of May 31, 2025, suggesting either a normalization of profits or potential rising costs impacting net income. Overall, the company's net profit margin has experienced considerable volatility within this timeframe, reflecting fluctuations in profitability influenced by operational, market, or cost-related factors.
Peer comparison
May 31, 2025