Worthington Industries, Inc. (WOR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 371.46M | 378.68M | 327.45M | 303.71M | 317.88M | 304.52M | 274.05M | 257.31M | 318.8M | 316.75M | 298.23M | 311.92M | 368.8M | 346.31M | 1.18B | 1.41B | 1.52B | 1.38B | 1.23B | 1.11B |
| Revenue Growth % | 16.85% | 24.35% | 19.49% | 18.03% | -0.29% | -3.86% | -8.11% | -17.51% | -13.56% | -8.54% | -74.63% | -77.86% | -75.74% | -74.87% | -4.65% | 26.81% | 55.4% | 81.56% | 68.63% | 58.03% |
| Cost of Goods Sold | 269.57M | 269.2M | 242.82M | 222.15M | 225.19M | 215.6M | 200.03M | 194.51M | 240.7M | 245.28M | 233.94M | 242.46M | 264.94M | 265.1M | 1.06B | 1.24B | 1.34B | 1.25B | 1.09B | 956.43M |
| COGS % of Revenue | 72.57% | 71.09% | 74.16% | 73.15% | 70.84% | 70.8% | 72.99% | 75.6% | 75.5% | 77.44% | 78.44% | 77.73% | 71.84% | 76.55% | 90.17% | 88.07% | 88.37% | 91.02% | 88.07% | 86.1% |
| Gross Profit | 101.89M | 109.47M | 84.63M | 81.56M | 92.69M | 88.92M | 74.02M | 62.79M | 78.1M | 71.47M | 64.29M | 69.46M | 103.86M | 81.22M | 115.55M | 168.08M | 176.8M | 123.8M | 147.02M | 154.39M |
| Gross Margin % | 27.43% | 28.91% | 25.84% | 26.85% | 29.16% | 29.2% | 27.01% | 24.4% | 24.5% | 22.56% | 21.56% | 22.27% | 28.16% | 23.45% | 9.83% | 11.93% | 11.63% | 8.98% | 11.93% | 13.9% |
| Gross Profit Growth % | 9.92% | 23.12% | 14.34% | 29.88% | 18.68% | 24.41% | 15.13% | -9.59% | -24.8% | -12% | -44.36% | -58.68% | -41.26% | -34.4% | -21.41% | 8.87% | -8.05% | -14.97% | 13.74% | 36.98% |
| Operating Expenses | 77.94M | 75.75M | 70.72M | 70.56M | 71.45M | 63.01M | 67.92M | 66.04M | 73.21M | 65.13M | 70.58M | 74.54M | 75.91M | 71.36M | 107.81M | 103.45M | 104.64M | 102.94M | 96.13M | 95.85M |
| OpEx % of Revenue | 20.98% | 20% | 21.6% | 23.23% | 22.48% | 20.69% | 24.78% | 25.66% | 22.96% | 20.56% | 23.67% | 23.9% | 20.58% | 20.61% | 9.17% | 7.34% | 6.88% | 7.47% | 7.8% | 8.63% |
| Selling, General & Admin | 77.94M | 75.75M | 70.72M | 70.56M | 71.45M | 63.01M | 67.92M | 66.04M | 73.21M | 65.13M | 70.58M | 74.54M | 75.91M | 71.36M | 107.81M | 103.45M | 104.64M | 102.94M | 96.13M | 95.85M |
| SG&A % of Revenue | 20.98% | 20% | 21.6% | 23.23% | 22.48% | 20.69% | 24.78% | 25.66% | 22.96% | 20.56% | 23.67% | 23.9% | 20.58% | 20.61% | 9.17% | 7.34% | 6.88% | 7.47% | 7.8% | 8.63% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 23.95M | 33.73M | 13.91M | 10.99M | 21.24M | 25.91M | 6.1M | -3.24M | 4.89M | 6.34M | -6.29M | -5.09M | 27.95M | 9.86M | 7.74M | 64.63M | 72.16M | 20.85M | 50.89M | 58.54M |
| Operating Margin % | 6.45% | 8.91% | 4.25% | 3.62% | 6.68% | 8.51% | 2.23% | -1.26% | 1.53% | 2% | -2.11% | -1.63% | 7.58% | 2.85% | 0.66% | 4.59% | 4.75% | 1.51% | 4.13% | 5.27% |
| Operating Income Growth % | 12.79% | 30.15% | 128% | 438.98% | 334.27% | 308.82% | 196.93% | 36.26% | -82.51% | -35.69% | -181.34% | -107.87% | -61.27% | -52.73% | -84.8% | 10.42% | -24.07% | -64.94% | 19.57% | 408.07% |
| EBITDA | 39.82M | 48.28M | 27.67M | 24.08M | 33.79M | 37.87M | 18.03M | 8.59M | 17.31M | 18.29M | 21.71M | 6.99M | 56.24M | 38.01M | 36.09M | 92.64M | 100.41M | 48.28M | 71.98M | 80.6M |
| EBITDA Margin % | 10.72% | 12.75% | 8.45% | 7.93% | 10.63% | 12.43% | 6.58% | 3.34% | 5.43% | 5.77% | 7.28% | 2.24% | 15.25% | 10.98% | 3.07% | 6.58% | 6.6% | 3.5% | 5.84% | 7.26% |
| EBITDA Growth % | 17.85% | 27.51% | 53.5% | 180.41% | 95.18% | 107.05% | -16.98% | 22.9% | -69.22% | -51.89% | -39.84% | -92.46% | -43.99% | -21.27% | -49.86% | 14.93% | -14.2% | -40.67% | 12.26% | 2410.93% |
| D&A (Non-Cash Add-back) | 15.87M | 14.55M | 13.76M | 13.09M | 12.55M | 11.95M | 11.93M | 11.83M | 12.42M | 11.95M | 28.01M | 12.07M | 28.29M | 28.15M | 28.35M | 28M | 28.25M | 27.43M | 21.09M | 22.06M |
| EBIT | 23.95M | 61.94M | 37.25M | 45.8M | 8.33M | 53.26M | 38.19M | 31.33M | -26.75M | 40.57M | 25.07M | 36.9M | 66.55M | 41.32M | 31.24M | 93.33M | 119.08M | 85.46M | 151.75M | 189.3M |
| Net Interest Income | -2.88M | -1.83M | -1.47M | -115K | 8K | -680K | -1.08M | -541K | -43K | -102K | -524K | -1.1M | -2.6M | -4.18M | -7.61M | -8.59M | -8.16M | -8.13M | -7.34M | -7.68M |
| Interest Income | 0 | 0 | 0 | 0 | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.88M | 1.83M | 1.47M | 115K | 0 | 680K | 1.08M | 541K | 43K | 102K | 524K | 1.1M | 2.6M | 4.18M | 7.61M | 8.59M | 8.16M | 8.13M | 7.34M | 7.68M |
| Other Income/Expense | 35.82M | 26.39M | 21.87M | 34.69M | -12.9M | 26.66M | 31.01M | 34.03M | -31.69M | 34.13M | 30.84M | 40.88M | 36M | 27.29M | 15.9M | 20.11M | 38.76M | 56.48M | 93.52M | 123.09M |
| Pretax Income | 59.77M | 60.11M | 35.78M | 45.68M | 8.33M | 52.58M | 37.11M | 30.79M | -26.8M | 40.47M | 24.54M | 35.79M | 63.95M | 37.14M | 23.64M | 84.74M | 110.92M | 77.33M | 144.41M | 181.63M |
| Pretax Margin % | 16.09% | 15.87% | 10.93% | 15.04% | 2.62% | 17.27% | 13.54% | 11.97% | -8.41% | 12.78% | 8.23% | 11.47% | 17.34% | 10.72% | 2.01% | 6.02% | 7.3% | 5.61% | 11.71% | 16.35% |
| Income Tax | 11.71M | 14.99M | 8.75M | 10.86M | 4.72M | 13.24M | 9.1M | 6.78M | 4.99M | 18.47M | 6.61M | 8.96M | 13.83M | 7.39M | 4.13M | 19.5M | 24.96M | 18.68M | 31.23M | 40.15M |
| Effective Tax Rate % | 19.59% | 24.94% | 24.46% | 23.77% | 56.62% | 25.18% | 24.52% | 22.03% | -18.61% | 45.64% | 26.93% | 25.03% | 21.62% | 19.9% | 17.48% | 23.01% | 22.51% | 24.16% | 21.62% | 22.11% |
| Net Income | 48.15M | 45.46M | 27.33M | 35.15M | 3.88M | 39.66M | 28.26M | 24.25M | -31.79M | 22M | 24.3M | 96.11M | 129.9M | 46.33M | 16.22M | 64.08M | 80.25M | 56.34M | 110.3M | 132.49M |
| Net Margin % | 12.96% | 12.01% | 8.35% | 11.57% | 1.22% | 13.02% | 10.31% | 9.43% | -9.97% | 6.95% | 8.15% | 30.81% | 35.22% | 13.38% | 1.38% | 4.55% | 5.28% | 4.09% | 8.95% | 11.93% |
| Net Income Growth % | 1141.84% | 14.62% | -3.3% | 44.92% | 112.2% | 80.29% | 16.29% | -74.76% | -124.47% | -52.51% | 49.85% | 49.97% | 61.87% | -17.78% | -85.3% | -51.63% | -29.33% | -16.66% | 248.97% | -78.52% |
| Net Income (Continuing) | 48.06M | 45.12M | 27.03M | 34.82M | 3.61M | 39.34M | 28.01M | 24.01M | -31.78M | 22M | 17.93M | 26.83M | 50.13M | 29.75M | 19.5M | 65.24M | 85.96M | 58.65M | 113.19M | 141.47M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -265K | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 81K | 424K | 723K | 1.05M | 1.31M | 1.64M | 1.89M | 2.13M | 2.35M | 131.16M | 127.29M | 125.62M | 129.83M | 125.9M | 134.37M | 133.21M | 152.24M | 153.29M | 153.29M |
| EPS (Diluted) | 0.99 | 0.93 | 0.56 | 0.71 | 0.08 | 0.79 | 0.56 | 0.48 | -0.64 | 0.44 | 0.49 | 1.93 | 2.61 | 0.94 | 0.33 | 1.30 | 1.61 | 1.11 | 2.15 | 2.55 |
| EPS Growth % | 1177.42% | 17.72% | 0% | 47.92% | 112.11% | 79.55% | 14.29% | -75.13% | -124.52% | -53.19% | 48.48% | 48.46% | 62.11% | -15.32% | -84.65% | -49.02% | -25.12% | -12.6% | 253.57% | -77.27% |
| EPS (Basic) | 0.99 | 0.93 | 0.56 | 0.71 | 0.08 | 0.80 | 0.57 | 0.49 | -0.64 | 0.45 | 0.49 | 1.97 | 2.67 | 0.95 | 0.33 | 1.32 | 1.65 | 1.11 | 2.19 | 2.61 |
| Diluted Shares Outstanding | 48.8M | 49.17M | 49.21M | 49.26M | 50M | 49.98M | 50.26M | 50.37M | 49.44M | 50.42M | 50.04M | 49.89M | 49.78M | 49.49M | 49.33M | 49.24M | 49.7M | 50.64M | 51.21M | 51.87M |
| Basic Shares Outstanding | 48.8M | 49.17M | 49.21M | 49.26M | 49.25M | 49.38M | 49.48M | 49.49M | 49.44M | 49.31M | 49.19M | 48.84M | 48.64M | 48.59M | 48.56M | 48.48M | 48.77M | 49.75M | 50.38M | 50.85M |
| Dividend Payout Ratio | 19.42% | 20.55% | 35.21% | 24.4% | 216.56% | 21.23% | 31.74% | 33.46% | - | 72.04% | 71.32% | 16.36% | 11.61% | 32.6% | 93.61% | 21.67% | 17.24% | 25.07% | 13.2% | 11.09% |