Worthington Steel Inc (WS)
Operating profit margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | ||
|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 197,899 | 144,099 | 70,099 | 120,159 |
| Revenue (ttm) | US$ in thousands | 3,431,528 | 3,301,228 | 3,363,828 | 3,630,468 |
| Operating profit margin | 5.77% | 4.37% | 2.08% | 3.31% |
May 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $197,899K ÷ $3,431,528K
= 5.77%
Over the past four quarters, Worthington Steel Inc's operating profit margin has shown variability. The operating profit margin was highest at 5.77% in May 31, 2024, indicating that the company generated 5.77 cents of operating profit for every dollar of sales during that period. This represents a significant improvement from the lower margin of 2.08% in November 30, 2023.
In February 29, 2024, the operating profit margin increased to 4.37%, showing a positive trend from the previous quarter. However, in August 31, 2023, the margin decreased to 3.31%, indicating a slight dip in profitability compared to the prior quarter.
Overall, the fluctuation in Worthington Steel Inc's operating profit margin suggests that the company's operational efficiency and cost management may have experienced some variability during the period under review. Further analysis would be needed to understand the factors contributing to these fluctuations and assess the company's long-term profitability prospects.
Peer comparison
May 31, 2024