Worthington Steel, Inc. (WS) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 929.2M | 769.8M | 871.9M | 872.9M | 832.9M | 687.4M | 739M | 834M | 911M | 805.8M | 808M | 905.8M | 887.89M | 1.07B |
| Revenue Growth % | 11.56% | 11.99% | 17.98% | 4.66% | -8.57% | -14.69% | -8.54% | -7.93% | 2.6% | - | - | -15.71% | - | - |
| Cost of Goods Sold | 811.1M | 693.7M | 778.7M | 757.7M | 705.9M | 606.2M | 659M | 733.6M | 780M | 685.7M | 747.8M | 777.3M | 733.78M | 986.03M |
| COGS % of Revenue | 87.29% | 90.11% | 89.31% | 86.8% | 84.75% | 88.19% | 89.17% | 87.96% | 85.62% | 85.1% | 92.55% | 85.81% | 82.64% | 91.75% |
| Gross Profit | 118.1M | 76.1M | 93.2M | 115.2M | 127M | 81.2M | 80M | 100.4M | 131M | 120.1M | 60.2M | 128.5M | 154.1M | 88.61M |
| Gross Margin % | 12.71% | 9.89% | 10.69% | 13.2% | 15.25% | 11.81% | 10.83% | 12.04% | 14.38% | 14.9% | 7.45% | 14.19% | 17.36% | 8.25% |
| Gross Profit Growth % | -7.01% | -6.28% | 16.5% | 14.74% | -3.05% | -32.39% | 32.89% | -21.87% | -14.99% | - | - | 45.03% | - | - |
| Operating Expenses | 81.2M | 77.5M | 70.9M | 66.9M | 60.6M | 62.9M | 61.1M | 57M | 63.7M | 53.8M | 69M | 58.8M | 57.12M | 47.73M |
| OpEx % of Revenue | 8.74% | 10.07% | 8.13% | 7.66% | 7.28% | 9.15% | 8.27% | 6.83% | 6.99% | 6.68% | 8.54% | 6.49% | 6.43% | 4.44% |
| Selling, General & Admin | 81.2M | 77.5M | 70.9M | 67.9M | 58.9M | 54.6M | 61.1M | 57M | 63.7M | 52.8M | 54.1M | 53.8M | 49.8M | 47.34M |
| SG&A % of Revenue | 8.74% | 10.07% | 8.13% | 7.78% | 7.07% | 7.94% | 8.27% | 6.83% | 6.99% | 6.55% | 6.7% | 5.94% | 5.61% | 4.41% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 390K |
| Operating Income | 36.9M | -1.4M | 22.3M | 48.3M | 66.4M | 18.3M | 18.9M | 43.4M | 67.3M | 66.3M | -8.8M | 69.7M | 96.98M | 40.87M |
| Operating Margin % | 3.97% | -0.18% | 2.56% | 5.53% | 7.97% | 2.66% | 2.56% | 5.2% | 7.39% | 8.23% | -1.09% | 7.69% | 10.92% | 3.8% |
| Operating Income Growth % | -44.43% | -107.65% | 17.99% | 11.29% | -1.34% | -72.4% | 314.77% | -37.73% | -30.61% | - | - | 70.54% | - | - |
| EBITDA | 58.1M | 20.2M | 44M | 68.6M | 83.3M | 34.9M | 35.2M | 59.6M | 83.4M | 82.2M | 7.6M | 86.6M | 114.17M | 58.56M |
| EBITDA Margin % | 6.25% | 2.62% | 5.05% | 7.86% | 10% | 5.08% | 4.76% | 7.15% | 9.15% | 10.2% | 0.94% | 9.56% | 12.86% | 5.45% |
| EBITDA Growth % | -30.25% | -42.12% | 25% | 15.1% | -0.12% | -57.54% | 363.16% | -31.18% | -26.95% | - | - | 47.88% | - | - |
| D&A (Non-Cash Add-back) | 21.2M | 21.6M | 21.7M | 20.3M | 16.9M | 16.6M | 16.3M | 16.2M | 16.1M | 15.9M | 16.4M | 16.9M | 17.18M | 17.69M |
| EBIT | 36.9M | 16.4M | 28.4M | 54.9M | 76.1M | 18.5M | 21.8M | 38.8M | 77.7M | 69.3M | -4.4M | 79.6M | 106.51M | 41.26M |
| Net Interest Income | -19.2M | -2.1M | -2.7M | -2.9M | -1M | -1.4M | -2.1M | -2.6M | -2.4M | -2.9M | -200K | -500K | -11.11M | -1.33M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 19.2M | 2.1M | 2.7M | 2.9M | 1M | 1.4M | 2.1M | 2.6M | 2.4M | 2.9M | 200K | 500K | 11.11M | 1.33M |
| Other Income/Expense | -103.4M | 15.7M | 3.4M | 3.7M | 8.7M | -1.2M | 800K | -7.2M | 8M | 100K | 4.2M | 9.4M | -5.55M | 665K |
| Pretax Income | -66.5M | 14.3M | 25.7M | 52M | 75.1M | 17.1M | 19.7M | 36.2M | 75.3M | 66.4M | -4.6M | 79.1M | 91.43M | 41.53M |
| Pretax Margin % | -7.16% | 1.86% | 2.95% | 5.96% | 9.02% | 2.49% | 2.67% | 4.34% | 8.27% | 8.24% | -0.57% | 8.73% | 10.3% | 3.86% |
| Income Tax | 1.5M | 3.5M | 4.2M | 13.4M | 16.2M | 5M | 3.6M | 4M | 17.6M | 14M | -2.5M | 17M | 22.56M | 10.26M |
| Effective Tax Rate % | -2.26% | 24.48% | 16.34% | 25.77% | 21.57% | 29.24% | 18.27% | 11.05% | 23.37% | 21.08% | 54.35% | 21.49% | 24.68% | 24.69% |
| Net Income | -48.7M | 10.4M | 18.8M | 36.3M | 55.7M | 13.8M | 12.8M | 28.4M | 53.2M | 49M | -6M | 58.5M | 64.52M | 30.12M |
| Net Margin % | -5.24% | 1.35% | 2.16% | 4.16% | 6.69% | 2.01% | 1.73% | 3.41% | 5.84% | 6.08% | -0.74% | 6.46% | 7.27% | 2.8% |
| Net Income Growth % | -187.43% | -24.64% | 46.88% | 27.82% | 4.7% | -71.84% | 313.33% | -51.45% | -17.55% | - | - | 94.25% | - | - |
| Net Income (Continuing) | -68M | 10.8M | 21.5M | 38.6M | 58.9M | 12.1M | 16.1M | 32.2M | 57.7M | 52.4M | -2.1M | 62.1M | 68.87M | 31.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 206.7M | 232.9M | 229.8M | 226M | 123.8M | 130.8M | 134.3M | 134.1M | 132.2M | 132.7M | 131.2M | 127.29M | 125.6M | 0 |
| EPS (Diluted) | -0.98 | 0.22 | 0.38 | 0.73 | 1.10 | 0.27 | 0.25 | 0.56 | 1.06 | 0.99 | -0.12 | 1.18 | 1.36 | 0.61 |
| EPS Growth % | -189.09% | -18.52% | 52% | 30.36% | 3.77% | -72.73% | 308.33% | -52.54% | -22.06% | - | - | 93.44% | - | - |
| EPS (Basic) | -0.98 | 0.22 | 0.38 | 0.73 | 1.13 | 0.28 | 0.26 | 0.57 | 1.08 | 0.99 | -0.12 | 1.18 | 1.36 | 0.61 |
| Diluted Shares Outstanding | 49.8M | 49.8M | 49.7M | 49.6M | 49.5M | 50.5M | 50.6M | 50.4M | 49.33M | 49.29M | 49.3M | 50.03M | 49.33M | 49.66M |
| Basic Shares Outstanding | 49.8M | 49.8M | 49.7M | 49.6M | 49.5M | 49.5M | 49.5M | 49.4M | 49.33M | 49.29M | 49.3M | 50.03M | 49.33M | 49.66M |
| Dividend Payout Ratio | - | 77.88% | 44.68% | 22.31% | 14.36% | 57.97% | 61.72% | 28.17% | 14.85% | 306.12% | - | - | - | - |