Worthington Industries, Inc. (WOR) is a publicly traded company in the Industrials — Manufacturing - Metal Fabrication industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Worthington Industries, Inc. is an industrial manufacturing firm operating internationally, with a strong foothold in North America. The company's primary focus areas include value-added steel processing, the production of various consumer goods, building materials, and innovative sustainable mobility solutions. Its operations are organized into four distinct divisions: Steel Processing, Consumer Products, Building Products, and Sustainable Energy Solutions.
Is Worthington Industries, Inc. stock overvalued or undervalued in 2026?
Worthington Industries, Inc. (WOR) trades at 18.7× earnings (P/E), below the median of the 297 industrials companies over $2bn in Kaplio's universe. At the decade median (10.1×) $34 (-46 %); at its sector median (25.8×) $86 (+38 %).
Kaplio overview: Worthington Industries, Inc.
Market cap $3B · 52 weeks $47 – $65 (1 % below the high) · P/E 18.7× · 2027 expected P/E 16.7× · Dividend 1.2 % · Next earnings December 15, 2026 · expected EPS $0.70 · Closing price, Oct 30 · accounts published Sep 22.
- Valuation: P/E 18.7× (expensive).
- Business: ROIC 4 % (weak).
- Balance sheet: Net debt/EBITDA 2.3× (solid).
- Earnings: 6 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (10.1×) $34 (-46 %); at its sector median (25.8×) $86 (+38 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Why is Worthington Industries, Inc.'s P/E so low?
Worthington Industries, Inc. trades at a P/E of 18.7× on reported earnings, but over the last 12 months 60 % of its pre-tax income ($127M) came from outside the business, such as revaluations or sales of stakes in other companies. It is real money, but it doesn't repeat every year. Without that part, its P/E would be about 46.5×. Kaplio's calculation from the official quarterly accounts filed up to the quarter ended August 31, 2026.
| Quarter ended | From the business | Outside the business | Net income |
|---|---|---|---|
| November 30, 2025 | $13.9M | $21.9M | $27.3M |
| February 28, 2026 | $33.7M | $26.4M | $45.5M |
| May 31, 2026 | $24.0M | $35.8M | $48.1M |
| August 31, 2026 | $13.0M | $42.6M | $42.6M |
What matters in industrials: 5 of 10 pass
- 5y revenue growth −14.1 %, fails.
- Operating margin 6.0 %, fails.
- ROIC 3.9 %, fails.
- P/E vs own 10y history 18.7×, fails.
- Cycle-adjusted EV/EBITDA 14.2×, fails.
- FCF conversion 109.0 %, passes.
- Net debt / EBITDA 2.3×, passes.
- Capex / Revenue 4.0 %, passes.
- Altman Z-Score 3.7, passes.
- Piotroski F-Score 7 de 9, passes.
Against its peers (reference peers) — Worthington Industries, Inc.: P/E 18.7×; EV/EBITDA 14.2×; ROIC 3.9 %; $3.1B. Huron Consulting Group Inc. (P/E 29.1×; EV/EBITDA 16.7×; ROIC 11.2 %; $3.1B), ABM Industries Inc. (P/E 19.3×; EV/EBITDA 11.2×; ROIC 6.0 %; $3.1B), Standex International Corporation (P/E 28.1×; EV/EBITDA 14.5×; ROIC 11.3 %; $3.0B).
Expensive or cheap against its last ten years?
P/E at each close: today 18.7× · median 10.1× · minimum 4.8× · maximum 34.5× · cheap below 8.4× · expensive above 20.4×. It has been cheaper than today 77% of the time over its last ten years.
Dividend
tight (only raised recently) · Yield 1.2 % ($0.75 per share in 2026) · Years raising it 1 · 5-year growth -6 % a year · Free cash flow coverage 4.2× · With $1,000 invested today you'd collect $12.40 a year ($1.03 a month).
Profitability
| Return on Equity | 16.19% |
| Return on Invested Capital | 3.94% |
| Return on Assets | 8.88% |
| Gross Margin | 27.22% |
| Operating Margin | 5.95% |
| Net Margin | 11.50% |
Financial Health
| Debt / Equity | 0.33 |
| Current Ratio | 2.67 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 3.67 |
Price Performance
| 1 month | +8.61% |
| 3 months | +14.27% |
| Year-to-date | +24.55% |
| 1 year | +14.51% |
| 3 years | +67.22% |
| 5 years | +88.41% |
| 10 years | +129.23% |
Dividend History
Paid in the last 12 months: $0.7700 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-12-15 | $0.2000 |
| 2026-09-15 | $0.2000 |
| 2026-06-15 | $0.1900 |
| 2026-03-13 | $0.1900 |
| 2025-12-15 | $0.1900 |
| 2025-09-15 | $0.1900 |
| 2025-06-13 | $0.1700 |
| 2025-03-14 | $0.1700 |
| 2024-12-13 | $0.1700 |
| 2024-09-13 | $0.1700 |
Amounts adjusted for stock splits.
Related companies: MGRC · HURN · UNF · AZZ · SXI · ABM
Explore sector: Industrials · Manufacturing - Metal Fabrication
More sections of WOR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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