MARKET COMPOSITE
WOR - Worthington Industries, Inc.8:00:02 PM 5/17/2024
Price
$58.37
-0.93 (-1.57%)
Worthington Industries, Inc. is a global diversified metals manufacturing company based in Columbus, Ohio. It is a steel processor and manufacturer of pressure vessels, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; water system tanks for storage, treatment, heating, expansion and flow control, and compressed natural gas storage cylinders. The company also manufactures framing systems for mid-rise buildings and steel pallets and racks for shipping. It is the largest independent processor of flat-rolled steel in the United States. The company takes steel from steel producers and processes it for customers in industries including automotive, lawn and garden, construction, hardware, office furniture, electrical control, leisure and recreation, appliance, agriculture and HVAC. Founded in 1971, the pressure vessels business includes the manufacture of cylinders such as liquefied petroleum gas cylinders used for gas grills and camping cylinders; refrigerant cylinders used for air conditioning systems; water system tanks for storage, treatment, heating, expansion and flow control; high-pressure cylinders for industrial gases, air or oxygen tanks used for diving; self-contained breathing apparatus for firemen; hand torches; compressed natural gas storage tanks for the alternative fuels market; process equipment and storage tanks for the petroleum industry; liquid nitrogen containers for the life sciences, health care and animal husbandry markets; and consumer products such as Balloon Time helium gas balloon kits. Cylinders and tanks are made from welded or seamless steel, from aluminium or from fibre composite materials.
Financials
Quarterly financials
(USD)Nov 2023Q/Q
Revenue1.1B-9%
Gross Profit123.7MM-37%
Cost Of Revenue963.2MM-3%
Operating Income-5.9MM-108%
Operating Expenses129.6MM-
Net Income24.3MM-75%
G&A107.7MM-4%
Amortization28MM-1%
Interest Expense2.2MM-30%
Stock Chart

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Stock news

    Key Insights The projected fair value for Worthington Enterprises is US$72.19 based on 2 Stage Free Cash Flow to Equity...

    When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...

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    Key Insights Worthington Steel's estimated fair value is US$43.81 based on 2 Stage Free Cash Flow to Equity Current...

    Worthington Steel, Inc. (NYSE:WS) Q3 2024 Earnings Call Transcript March 22, 2024 Worthington Steel, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen. My name is Abby, and I will be your conference operator today. […]

    Worthington Steel's first quarterly update as an independent business apparently turned some heads on Wall Street.

    Worthington Industries, Inc. (NYSE:WOR) Q3 2024 Earnings Call Transcript March 21, 2024 Worthington Industries, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to the Worthington Enterprises Third Quarter Fiscal 2024 Earnings Conference Call. All participants will […]

    Despite Sales Dip, Adjusted Net Earnings from Continuing Operations Remain Steady

    COLUMBUS, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $316.8 million and net earnings from continuing operations of $22.0 million, or $0.44 per diluted share, for its fiscal 2024 third quarter ended February 29, 2024. This compares to net sales of $346.3 million and net earnings from continuing operations of $29.8 million, or $0.60 per diluted share, in the third quarter of fiscal 2023. On an adjusted basis, the Company reported net ea

    COLUMBUS, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.16 per share. The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, wil