WS (Worthington Steel) 3-Year Share Buyback Ratio : 0.30% (As of May. 2025)

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What is Worthington Steel 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Worthington Steel's current 3-Year Share Buyback Ratio was 0.30%.

The historical rank and industry rank for Worthington Steel's 3-Year Share Buyback Ratio or its related term are showing as below:

WS' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.4 Max: 0.5
Current: 0.3

During the past 5 years, Worthington Steel's highest 3-Year Share Buyback Ratio was 0.50%. The lowest was 0.30%. And the median was 0.40%.

WS's 3-Year Share Buyback Ratio is ranked better than
72.04% of 279 companies
in the Steel industry
Industry Median: -0.6 vs WS: 0.30

Competitive Comparison of Worthington Steel's 3-Year Share Buyback Ratio

For the Steel subindustry, Worthington Steel's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Worthington Steel's 3-Year Share Buyback Ratio falls into.

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Worthington Steel 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Worthington Steel (NYSE:WS) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Worthington Steel 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Worthington Steel's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

Z2J:Germany

Address

100 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonsteel.com

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.