Worthington Industries is a leading industrial manufacturing company delivering innovative solutions to customers that span many industries including transportation, construction, industrial, agriculture, retail and energy. Worthington is North America's premier value-added steel processor and producer of laser welded products; and a leading global supplier of pressure cylinders and accessories for applications such as fuel storage, water systems, outdoor living, tools and celebrations. The Company's brands, primarily sold in retail stores, include Coleman®, Bernzomatic®, Balloon Time®, Mag Torch®, Well-X-Trol®, General®, Garden-Weasel®, Pactool International® and Hawkeye™. Worthington's WAVE joint venture with Armstrong is the North American leader in innovative ceiling solutions.
Company profile
Ticker
WOR
Exchange
Website
CEO
John McConnell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Worthington Industries • Worthington Services, LLC • Worthington Steel of Michigan, Inc. • New AMTROL Holdings, Inc. • AMTROL Inc. • AMTROL North American Cylinders, LLC • AMTROL Water Technology, LLC • AMTROL International Investments Inc. • AMTROL Holding Netherlands B.V. • AMTROL-ALFA Metalomecanica, S.A. ...
IRS number
311189815
WOR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Worthington Reports Third Quarter Fiscal 2023 Results
22 Mar 23
8-K
Worthington Industries Announces Leadership Teams for New Worthington and Worthington Steel and Related Activities
2 Feb 23
10-Q
2023 Q2
Quarterly report
9 Jan 23
8-K
Appoints John H. McConnell II to the Board of Directors; John P. McConnell Intends to Step Down in June
5 Jan 23
8-K
Results of Operations and Financial Condition
28 Dec 22
8-K
Worthington Reports Second Quarter Fiscal 2023 Results
20 Dec 22
8-K
Other Events
1 Nov 22
10-Q
2023 Q1
Quarterly report
11 Oct 22
8-K
Results of Operations and Financial Condition
5 Oct 22
8-K
Worthington Industries Declares Quarterly Dividend
4 Oct 22
Transcripts
WOR
Earnings call transcript
2023 Q3
23 Mar 23
WOR
Earnings call transcript
2023 Q2
21 Dec 22
WOR
Earnings call transcript
2023 Q1
29 Sep 22
WOR
Earnings call transcript
2022 Q4
23 Jun 22
WOR
Earnings call transcript
2022 Q3
23 Mar 22
WOR
Earnings call transcript
2022 Q2
16 Dec 21
WOR
Earnings call transcript
2022 Q1
29 Sep 21
WOR
Earnings call transcript
2021 Q4
24 Jun 21
WOR
Earnings call transcript
2021 Q3
24 Mar 21
WOR
Earnings call transcript
2021 Q2
17 Dec 20
Latest ownership filings
4
John H McConnell II
13 Mar 23
4
JOSEPH B HAYEK
13 Mar 23
4
John H McConnell II
28 Feb 23
4
JOSEPH B HAYEK
28 Feb 23
4/A
B ANDREW ROSE
14 Feb 23
4
John H McConnell II
13 Feb 23
4
JOSEPH B HAYEK
13 Feb 23
SC 13G/A
BlackRock Inc.
10 Feb 23
4
B ANDREW ROSE
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
Financial summary
| Quarter (USD) | Nov 22 | Aug 22 | May 22 | Feb 22 | |
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| Diluted EPS |
| Annual (USD) | May 22 | May 21 | May 20 | May 19 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 129.60 mm | 129.60 mm | 129.60 mm | 129.60 mm | 129.60 mm | 129.60 mm |
| Cash burn (monthly) | (no burn) | 7.97 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 30.85 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 98.74 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 12.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
45.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 224 |
| Opened positions | 35 |
| Closed positions | 28 |
| Increased positions | 77 |
| Reduced positions | 70 |
| 13F shares | Current |
|---|---|
| Total value | 1.09 tn |
| Total shares | 22.57 mm |
| Total puts | 16.80 k |
| Total calls | 18.00 k |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.87 mm | $192.46 bn |
| Vanguard | 3.35 mm | $166.67 bn |
| Dimensional Fund Advisors | 2.24 mm | $112.13 bn |
| Victory Capital Management | 1.75 mm | $86.97 bn |
| MCQEF Macquarie | 1.74 mm | $86.46 bn |
| STT State Street | 1.45 mm | $72.00 bn |
| Geode Capital Management | 568.52 k | $28.42 bn |
| BK Bank Of New York Mellon | 497.14 k | $24.71 bn |
| Charles Schwab Investment Management | 474.57 k | $23.59 bn |
| NTRS Northern Trust | 411.95 k | $20.48 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Mar 23 | Joseph B Hayek | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 56.1 | 2.57 | 144.18 | 2,132.64 |
| 10 Mar 23 | John H McConnell II | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 56.1 | 0.2 | 11.22 | 9.12 |
| 24 Feb 23 | Joseph B Hayek | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 59.22 | 2.44 | 144.50 | 2,130.07 |
| 24 Feb 23 | John H McConnell II | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 59.22 | 0.19 | 11.25 | 8.92 |
| 10 Feb 23 | Joseph B Hayek | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 58.57 | 2.46 | 144.08 | 2,127.63 |
News
BMO Capital Maintains Market Perform on Worthington Industries, Raises Price Target to $60
24 Mar 23
Dow Up 150 Points; Gold Jumps Over 2%
23 Mar 23
Why Block Shares Are Trading Lower By Over 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
23 Mar 23
Nasdaq Surges Over 2%; Accenture To Reduce 19,000 Jobs
23 Mar 23
KB Home, Accenture, Netflix And Other Big Stocks Moving Higher On Thursday
23 Mar 23
Press releases
Worthington Reports Third Quarter Fiscal 2023 Results
22 Mar 23
Worthington Industries Declares Quarterly Dividend
22 Mar 23
Worthington Industries Earns Recognition as a John Deere "Partner-level Supplier" – the Company's Highest Supplier Rating – for the 11th Consecutive Year
21 Mar 23
Worthington Industries to Webcast Discussion of Third Quarter 2023 Results on March 23
1 Mar 23
Worthington Industries Announces Leadership Teams for New Worthington and Worthington Steel and Related Activities
2 Feb 23