Worthington Industries, Inc. (WOR) Key Metrics
WOR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.16B
- Enterprise value
- $3.21B
- P/E (TTM)
- 19.4 10-yr median 14.4
- Forward P/E
- 15.7
- PEG ratio
- 1.97
- Price / sales
- 2.2 10-yr median 1.0
- Price / book
- 2.8 10-yr median 2.6
- EV / EBITDA
- 11.4 10-yr median 10.0
- Dividend yield
- 1.25% $0.80 a year
- Beta
- 1.19
WOR key metrics, FY2017–FY2026
Fiscal year ended May 31, 2026 · U.S. dollarsWOR valuation Price multiples at each fiscal year-end price.
WOR returns How much profit the business earns on the capital it uses.
WOR per-share figures Results divided by the shares outstanding at year-end.
WOR financial health Debt, liquidity and how easily interest is covered.
WOR efficiency & capital use Working capital cycle and where the cash goes.
WOR valuation history
WOR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WOR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WOR cash returned to shareholders
WOR price vs earnings per share
WOR key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.79B | $2.95B | $2.87B | $2.77B | $2.38B | $3.58B | $1.68B | $2.01B | $3.02B | $2.72B |
| Enterprise value | $3.11B | $3.03B | $2.94B | $3.11B | $3.19B | $3.69B | $2.26B | $2.67B | $3.65B | $3.02B |
| P/E ratio | 17.8 | 30.7 | 26.0 | 10.8 | 6.3 | 4.9 | 21.3 | 13.1 | 15.5 | 13.3 |
| Price / sales | 2.0 | 2.6 | 2.3 | 2.0 | 0.5 | 1.1 | 0.5 | 0.5 | 0.8 | 0.9 |
| Price / book | 2.7 | 3.2 | 3.2 | 1.6 | 1.6 | 2.6 | 2.0 | 2.4 | 3.3 | 2.9 |
| Price / free cash flow | 16.4 | 18.6 | 13.9 | 5.1 | — | 18.6 | 6.9 | 17.7 | 14.7 | 10.2 |
| Price / operating cash flow | 12.3 | 14.1 | 9.9 | 4.4 | 33.9 | 13.0 | 5.0 | 10.1 | 10.7 | 8.1 |
| EV / sales | 2.3 | 2.6 | 2.4 | 2.2 | 0.6 | 1.2 | 0.7 | 0.7 | 1.0 | 1.0 |
| EV / EBITDA | 22.1 | 16.9 | 18.8 | 10.7 | 4.9 | 3.6 | 9.6 | 7.8 | 10.4 | 7.3 |
| EV / free cash flow | 18.3 | 19.0 | 14.3 | 5.8 | — | 19.2 | 9.4 | 23.5 | 17.8 | 11.3 |
| Earnings yield | 5.6% | 3.3% | 3.9% | 9.3% | 16.0% | 20.2% | 4.7% | 7.6% | 6.4% | 7.5% |
| Free cash flow yield | 6.1% | 5.4% | 7.2% | 19.4% | −1.0% | 5.4% | 14.4% | 5.6% | 6.8% | 9.8% |
| Dividend yield | 1.3% | 1.1% | 2.0% | 2.1% | 2.4% | 1.5% | 3.2% | 2.6% | 1.7% | 1.9% |
| Shareholder yield (dividends + buybacks) | 2.9% | 2.3% | 2.4% | 2.2% | 10.2% | 6.8% | 6.6% | 11.3% | 8.5% | 2.2% |
| Share price at fiscal year-end | $56.77 | $58.91 | $57.03 | $56.13 | $46.64 | $66.37 | $29.92 | $34.14 | $47.95 | $41.97 |
| Per share | ||||||||||
| Revenue per share | $28.15 | $23.01 | $24.74 | $28.72 | $102.80 | $58.82 | $54.64 | $63.91 | $56.81 | $46.46 |
| Earnings per share | $3.18 | $1.92 | $2.20 | $5.19 | $7.44 | $13.42 | $1.41 | $2.61 | $3.09 | $3.15 |
| Operating cash flow per share | $4.61 | $4.18 | $5.76 | $12.66 | $1.37 | $5.09 | $6.01 | $3.36 | $4.46 | $5.17 |
| Free cash flow per share | $3.47 | $3.17 | $4.10 | $10.91 | −$0.48 | $3.56 | $4.31 | $1.93 | $3.26 | $4.12 |
| Cash per share | $0.56 | $4.99 | $4.85 | $9.21 | $0.68 | $11.88 | $2.63 | $1.57 | $1.93 | $4.29 |
| Book value per share | $20.93 | $18.69 | $17.65 | $34.34 | $29.04 | $25.93 | $14.66 | $14.13 | $14.57 | $14.67 |
| Tangible book value per share | $4.15 | $7.39 | $6.68 | $19.58 | $15.30 | $14.96 | $5.63 | $5.11 | $5.70 | $9.58 |
| Dividends per share | $0.75 | $0.68 | $1.13 | $1.20 | $1.12 | $0.98 | $0.95 | $0.89 | $0.81 | $0.78 |
| Capex per share | $1.14 | $1.01 | $1.66 | $1.75 | $1.86 | $1.52 | $1.71 | $1.44 | $1.21 | $1.05 |
| Debt per share | $7.13 | $6.50 | $6.30 | $16.11 | $16.56 | $13.86 | $13.15 | $12.74 | $11.90 | $8.92 |
| Shares outstanding | 49.1M | 50.1M | 50.3M | 49.4M | 51.0M | 53.9M | 56.0M | 58.8M | 63.0M | 64.9M |
| Change in shares outstanding | −2.1% | −0.4% | +1.9% | −3.2% | −5.4% | −3.7% | −4.8% | −6.7% | −2.8% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.9% | 10.5% | 8.6% | 16.2% | 26.4% | 65.2% | 9.5% | 17.5% | 20.8% | 23.4% |
| Return on invested capital (ROIC) | 5.4% | 3.7% | 0.1% | 1.9% | 8.4% | 9.9% | 7.2% | 7.4% | 12.1% | 11.7% |
| Return on assets (ROA) | 8.8% | 5.8% | 4.2% | 7.0% | 10.8% | 25.4% | 3.3% | 6.0% | 7.9% | 9.3% |
| Return on tangible assets | 15.2% | 8.5% | 10.2% | 8.8% | 12.9% | 26.0% | 4.3% | 7.7% | 9.4% | 10.3% |
| Free cash flow margin | 12.3% | 13.8% | 16.6% | 38.0% | −0.5% | 6.1% | 7.9% | 3.0% | 5.7% | 8.9% |
| Income quality (OCF / net income) | 1.45 | 2.18 | 2.62 | 2.44 | 0.18 | 0.38 | 4.27 | 1.29 | 1.44 | 1.64 |
| Financial health | ||||||||||
| Total debt | $349.8M | $326.1M | $317.2M | $795.4M | $844.4M | $747.4M | $736.1M | $749.3M | $750.4M | $578.6M |
| Cash & short-term investments | $27.7M | $250.1M | $244.2M | $454.9M | $34.5M | $640.3M | $147.2M | $92.4M | $122.0M | $278.1M |
| Net debt | $322.0M | $76.0M | $73.0M | $340.4M | $809.9M | $107.0M | $588.9M | $656.9M | $628.4M | $300.5M |
| Debt / equity | 0.34 | 0.35 | 0.36 | 0.47 | 0.57 | 0.53 | 0.90 | 0.90 | 0.82 | 0.61 |
| Debt / assets | 0.19 | 0.19 | 0.19 | 0.22 | 0.23 | 0.22 | 0.32 | 0.30 | 0.29 | 0.25 |
| Net debt / EBITDA | 2.29 | 0.42 | 0.47 | 1.17 | 1.26 | 0.10 | 2.50 | 1.93 | 1.79 | 0.73 |
| Current ratio | 2.37 | 3.48 | 3.78 | 2.60 | 1.92 | 2.50 | 2.53 | 1.67 | 1.92 | 2.29 |
| Quick ratio | 1.43 | 2.62 | 2.86 | 1.76 | 1.10 | 1.78 | 1.49 | 0.98 | 1.22 | 1.61 |
| Interest coverage | 13.3 | 21.7 | 1.4 | 2.9 | 6.5 | 6.2 | 4.2 | 3.8 | 4.6 | 6.9 |
| Working capital | $303.0M | $488.5M | $495.5M | $1.15B | $853.4M | $1.18B | $594.9M | $467.9M | $594.2M | $670.2M |
| Invested capital | $1.35B | $1.01B | $961.8M | $2.04B | $2.29B | $1.51B | $1.41B | $1.49B | $1.55B | $1.25B |
| Tangible asset value | $203.5M | $371.4M | $338.3M | $1.09B | $913.5M | $960.3M | $460.6M | $417.7M | $477.2M | $743.5M |
| Net current asset value | −$296.6M | −$71.5M | −$73.7M | $39.0M | −$243.4M | $146.4M | −$381.9M | −$396.5M | −$344.3M | −$60.4M |
| Graham number | $38.70 | $28.39 | $29.54 | $63.35 | $69.72 | $88.50 | $21.55 | $28.80 | $31.83 | $32.26 |
| Graham net-net per share | −$10.26 | −$5.00 | −$5.13 | −$18.26 | −$18.76 | −$7.74 | −$13.46 | −$14.39 | −$12.78 | −$6.57 |
| Capital allocation | ||||||||||
| Dividends paid | $36.9M | $33.9M | $56.8M | $59.2M | $57.2M | $53.0M | $53.3M | $52.3M | $51.4M | $50.7M |
| Share buybacks (net) | $43.7M | $34.9M | $11.4M | $1.8M | $186.5M | $192.1M | $57.5M | $174.5M | $206.4M | $9.1M |
| Dividend payout ratio | 23.6% | 35.3% | 51.4% | 23.1% | 15.1% | 7.3% | 67.6% | 34.1% | 26.4% | 24.8% |
| Dividends + buybacks / free cash flow | 47.4% | 43.2% | 33.0% | 11.3% | — | 127.5% | 45.9% | 200.1% | 125.6% | 22.4% |
| Capex / revenue | 4.0% | 4.4% | 6.7% | 6.1% | 1.8% | 2.6% | 3.1% | 2.2% | 2.1% | 2.3% |
| Capex / operating cash flow | 24.7% | 24.1% | 28.8% | 13.8% | 134.9% | 30.0% | 28.4% | 42.7% | 27.0% | 20.4% |
| Capex / depreciation | 0.98 | 1.05 | 1.03 | 0.77 | 0.96 | 0.94 | 1.03 | 0.88 | 0.74 | 0.79 |
| Stock-based compensation / revenue | 1.0% | 1.4% | 1.3% | 1.4% | 0.3% | 0.6% | 0.4% | 0.3% | 0.4% | 0.5% |
| SG&A / revenue | 21.4% | 23.3% | 22.8% | 28.2% | 7.6% | 11.1% | 10.7% | 9.0% | 10.3% | 10.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 63.0 | 70.5 | 64.7 | 141.9 | 52.9 | 57.0 | 51.2 | 52.6 | 54.4 | 57.2 |
| Days of inventory on hand | 68.5 | 73.0 | 146.9 | 231.2 | 52.1 | 68.3 | 62.5 | 52.2 | 48.5 | 49.3 |
| Days payables outstanding | 39.7 | 42.3 | 41.3 | 134.5 | 47.4 | 53.5 | 43.4 | 48.3 | 50.5 | 48.2 |
| Cash conversion cycle (days) | 91.8 | 101.2 | 170.4 | 238.6 | 57.6 | 71.8 | 70.3 | 56.5 | 52.4 | 58.2 |
| Receivables turnover | 5.79 | 5.18 | 5.64 | 2.57 | 6.90 | 6.40 | 7.13 | 6.94 | 6.71 | 6.39 |
| Payables turnover | 9.18 | 8.64 | 8.85 | 2.71 | 7.71 | 6.82 | 8.40 | 7.56 | 7.22 | 7.58 |
| Inventory turnover | 5.33 | 5.00 | 2.48 | 1.58 | 7.01 | 5.34 | 5.84 | 6.99 | 7.52 | 7.41 |
| Asset turnover | 0.78 | 0.69 | 0.47 | 0.39 | 1.49 | 1.11 | 1.26 | 1.46 | 1.45 | 1.37 |
| Average receivables | $238.4M | $222.8M | $220.8M | $551.3M | $760.0M | $495.7M | $428.9M | $541.4M | $534.1M | $472.1M |
| Average payables | $109.2M | $96.7M | $108.5M | $397.6M | $602.1M | $380.0M | $308.9M | $433.5M | $420.8M | $329.3M |
| Average inventory | $188.3M | $167.0M | $386.3M | $683.6M | $661.9M | $484.9M | $444.7M | $469.2M | $404.0M | $336.6M |
| Intangibles / total assets | 44.6% | 33.4% | 33.7% | 20.0% | 19.2% | 17.5% | 21.7% | 21.1% | 21.3% | 14.2% |
Computed from WOR's annual financial statements (latest annual report filed July 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WOR valuation and financial ratios
At the end of fiscal 2026 (May 31, 2026), Worthington Industries traded at 17.8 times earnings, against a 10-year median of 14.4. Based on the latest twelve months, the trailing P/E is 19.4 and the forward P/E is 15.7. Worthington Industries earned a return on equity of 15.9% and a return on invested capital of 5.4% in fiscal 2026. It ended the year with $349.8 million of debt and $27.7 million in cash and short-term investments, net debt of $322.0 million. It returned $80.6 million to shareholders: $36.9 million in dividends and $43.7 million in share buybacks, 47% of free cash flow. The share count fell 24.4% from 64.9M to 49.1M over 9 years.
See the WOR income statement, the WOR chart for price history, or the WOR stock overview for the latest quote and news.
WOR key metrics FAQ
What is Worthington Industries's P/E ratio?
Worthington Industries's trailing P/E ratio is 19.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.7. At the end of fiscal 2026 it was 17.8, compared with a 10-year median of 14.4.
What is Worthington Industries's EV/EBITDA?
Worthington Industries's enterprise value was 22.1 times EBITDA at the end of fiscal 2026 (enterprise value $3.1 billion, EBITDA $140.6 million); the current EV/EBITDA is 11.4.
What is Worthington Industries's return on equity?
Worthington Industries's return on equity (ROE) was 15.9% in fiscal 2026: net income of $156.1 million on average shareholders' equity of $982.1 million.
What is Worthington Industries's ROIC?
Worthington Industries's return on invested capital was 5.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Worthington Industries have?
Worthington Industries had total debt of $349.8 million at the end of fiscal 2026, a debt-to-equity ratio of 0.34 and $322.0 million of net debt (2.29 times EBITDA).
What is Worthington Industries's dividend yield?
Worthington Industries's forward dividend yield is 1.25%. Worthington Industries paid $36.9 million in dividends in fiscal 2026 ($0.75 per share), a payout ratio of 23.6%.
Does Worthington Industries buy back its shares?
Yes. Worthington Industries spent $43.7 million on net share repurchases in fiscal 2026 Shares outstanding changed −2.1% over the year, to 49.1M..
What is Worthington Industries's free cash flow yield?
Worthington Industries generated $170.2 million of free cash flow in fiscal 2026, a free cash flow yield of 6.1% on its market value at year-end ($2.8 billion).
What is Worthington Industries's current ratio?
Worthington Industries's current ratio was 2.37 at the end of fiscal 2026: current assets were 2.37 times current liabilities.