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
Latest filings (excl ownership)
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
8-K
Worthington Reports First Quarter Fiscal 2023 Results
29 Sep 22
Transcripts
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
WOR
Earnings call transcript
2021 Q1
23 Sep 20
Latest ownership filings
Financial summary
Quarter (USD) | Nov 22 | Aug 22 | May 22 | Feb 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | May 22 | May 21 | May 20 | May 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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 | 17.57 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 112.02 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 14.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
42.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 216 |
Opened positions | 19 |
Closed positions | 28 |
Increased positions | 63 |
Reduced positions | 93 |
13F shares | Current |
---|---|
Total value | 798.95 mm |
Total shares | 20.93 mm |
Total puts | 75.70 k |
Total calls | 137.90 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.72 mm | $141.86 mm |
Vanguard | 3.25 mm | $123.83 mm |
Dimensional Fund Advisors | 2.12 mm | $80.93 mm |
Victory Capital Management | 1.87 mm | $71.34 mm |
MCQEF Macquarie | 1.84 mm | $70.07 mm |
BK Bank Of New York Mellon | 563.76 k | $21.50 mm |
Geode Capital Management | 552.45 k | $21.07 mm |
Charles Schwab Investment Management | 469.51 k | $17.91 mm |
NTRS Northern Trust | 415.39 k | $15.84 mm |
First Trust Advisors | 309.89 k | $11.82 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Jan 23 | Eric M Smolenski | Common Shares | Sell | Dispose S | No | No | 55.3 | 2,000 | 110.60 k | 93,413 |
27 Jan 23 | Eric M Smolenski | Common Shares | Option exercise | Acquire M | No | No | 31.71 | 2,000 | 63.42 k | 95,413 |
27 Jan 23 | Eric M Smolenski | NQSO Common Shares | Option exercise | Dispose M | No | No | 31.71 | 2,000 | 63.42 k | 0 |
27 Jan 23 | John H McConnell II | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 55.7 | 0.2 | 11.14 | 8.54 |
27 Jan 23 | Joseph B Hayek | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 55.7 | 2.59 | 144.26 | 2,125.18 |
13 Jan 23 | Joseph B Hayek | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 54.99 | 3 | 164.97 | 2,123 |
13 Jan 23 | John H McConnell II | Phantom Stock Acquired Under Deferred Compensation Plan Common Shares | Grant | Acquire A | No | No | 54.99 | 0.2 | 11.00 | 8 |
Press releases
Worthington Industries Announces Leadership Teams for New Worthington and Worthington Steel and Related Activities
2 Feb 23
Worthington Industries Board of Directors Implements Board Transition Plan
5 Jan 23
Worthington Reports Second Quarter Fiscal 2023 Results
20 Dec 22
Worthington Industries Declares Quarterly Dividend
20 Dec 22
Worthington Industries to Webcast Discussion of Second Quarter 2023 Results on December 21
5 Dec 22