Worthington Steel (WS) Margins & Profitability 2023-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 9.6%
EBITDA Margin: 3.1%
Op. Margin: 2.1%
Net Margin: -0.4%

Op. margin of 2.1% is down 3.5% YoY — costs are rising relative to revenue. Net margin at -0.4% and gross margin of 9.6% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit