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Worthington Steel vs Friedman Industries: WS and FRD compared
Worthington Steel is the larger company: $2.7B of revenue in its latest quarter (Q1 FY27) against $287M for Friedman Industries (Q2 FY27). Worthington Steel is growing faster (+212% against +88% a year earlier). Friedman Industries is more profitable, with an operating margin of 12.8% against 2.1%.
Where the money goes: WS and FRD
Worthington Steel (WS) · Q1 FY27
Worthington Steel, Q1 FY27: revenue $2.7B (+212% year over year), operating margin 2.1%, net loss $5.0M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.
Friedman Industries (FRD) · Q2 FY27
Friedman Industries, Q2 FY27: revenue $287M (+88% year over year), operating margin 12.8%, net earnings $15.6M, operating cash flow $6.1M. The chart follows the revenue to costs, profit and cash.
| Worthington Steel (WS) | Friedman Industries (FRD) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 FY27 |
| Revenue | $2.7B | $287M |
| Revenue growth, Y/Y | +212% | +88% |
| Operating margin | 2.1% | 12.8% |
| Net earnings | −$5.0M | $15.6M |
| Net margin | -0.2% | 5.4% |
| Operating cash flow | −$6.0M | $6.1M |
| Free cash flow | — | $2.4M |
| Market value | $1.9B | — |
| Analysts’ mean target | $46.00 | — |
Questions
Which is bigger, Worthington Steel or Friedman Industries?
Worthington Steel is the larger company: $2.7B of revenue in its latest quarter (Q1 FY27) against $287M for Friedman Industries (Q2 FY27).
Is Worthington Steel or Friedman Industries growing faster?
Worthington Steel is growing faster (+212% against +88% a year earlier).
Which is more profitable, Worthington Steel or Friedman Industries?
Friedman Industries is more profitable, with an operating margin of 12.8% against 2.1%.
More: Worthington Steel earnings · how Worthington Steel makes money · Friedman Industries earnings · how Friedman Industries makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 13, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.