GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Gross Margin %

WS (Worthington Steel) Gross Margin % : 15.25% (As of May. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Worthington Steel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Worthington Steel's Gross Profit for the three months ended in May. 2025 was $127 Mil. Worthington Steel's Revenue for the three months ended in May. 2025 was $833 Mil. Therefore, Worthington Steel's Gross Margin % for the quarter that ended in May. 2025 was 15.25%.


The historical rank and industry rank for Worthington Steel's Gross Margin % or its related term are showing as below:

WS' s Gross Margin % Range Over the Past 10 Years
Min: 9.33   Med: 12.56   Max: 17.43
Current: 12.56


During the past 5 years, the highest Gross Margin % of Worthington Steel was 17.43%. The lowest was 9.33%. And the median was 12.56%.

WS's Gross Margin % is ranked better than
51.85% of 594 companies
in the Steel industry
Industry Median: 12.165 vs WS: 12.56

Worthington Steel had a gross margin of 15.25% for the quarter that ended in May. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Worthington Steel was 0.00% per year.


Worthington Steel Gross Margin % Historical Data

The historical data trend for Worthington Steel's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Worthington Steel Gross Margin % Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25
Gross Margin %
17.43 9.72 9.33 12.82 12.56

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.38 12.04 10.83 11.81 15.25

Competitive Comparison of Worthington Steel's Gross Margin %

For the Steel subindustry, Worthington Steel's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Worthington Steel's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Gross Margin % falls into.


;
;

Worthington Steel Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Worthington Steel's Gross Margin for the fiscal year that ended in May. 2025 is calculated as

Gross Margin % (A: May. 2025 )=Gross Profit (A: May. 2025 ) / Revenue (A: May. 2025 )
=388.6 / 3093.3
=(Revenue - Cost of Goods Sold) / Revenue
=(3093.3 - 2704.7) / 3093.3
=12.56 %

Worthington Steel's Gross Margin for the quarter that ended in May. 2025 is calculated as


Gross Margin % (Q: May. 2025 )=Gross Profit (Q: May. 2025 ) / Revenue (Q: May. 2025 )
=127 / 832.9
=(Revenue - Cost of Goods Sold) / Revenue
=(832.9 - 705.9) / 832.9
=15.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Worthington Steel  (NYSE:WS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Worthington Steel had a gross margin of 15.25% for the quarter that ended in May. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Worthington Steel Gross Margin % Related Terms

Thank you for viewing the detailed overview of Worthington Steel's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Worthington Steel Business Description

Traded in Other Exchanges
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.