Filing Flows › Worthington Steel (WS) › Q4 FY25
Worthington Steel (WS) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jul 29, 2025
Worthington Steel (WS) reported revenue of $833M for the fourth quarter fiscal 2025 (Q4 FY25), -9% from a year earlier and +21% from the quarter before. Operating margin was 8.0%, net earnings $55.7M (6.7% of revenue).
Worthington Steel, Q4 FY25: revenue $833M (-9% year over year), operating margin 8.0%, net earnings $55.7M, operating cash flow $53.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $833M | +21% | -9% |
| Gross profit | $127M | +56% | -3% |
| Operating profit | $66.4M | +263% | -1% |
| Net earnings | $55.7M | +304% | +5% |
| Operating cash flow | $53.9M | +0.2% | +51% |
| Free cash flow | $8.4M | — | — |
What changed
Revenue was $832.9M in Q4 FY25, down 9% year over year and up 21% from the previous quarter.
Gross margin was 15.2%, up 0.9 points from a year earlier. Operating profit was $66.4M, a 8.0% margin (up 0.6 points year over year). Operating expenses fell 5% while revenue fell 9%. Net earnings were $55.7M, up 5% year over year. The effective tax rate was 21.6%.
Operating cash flow was $53.9M (up 51% year over year), 92% of net income including minority interests. Non-cash charges added back $16.9M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $24.8M. After investment in property, plant and equipment ($45.5M), free cash flow as the company reports it was $8.4M.
Questions
What was Worthington Steel's revenue in the fourth quarter fiscal 2025?
Worthington Steel (WS) reported revenue of $833M for the fourth quarter fiscal 2025 (Q4 FY25), -9% from a year earlier and +21% from the quarter before.
Was Worthington Steel profitable in the fourth quarter fiscal 2025?
Operating profit was $66.4M (8.0% of revenue) and net earnings $55.7M.
Source: Worthington Steel 10-K on SEC EDGAR.