Company / Gross Margin
Worthington Steel Gross Margin History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
12.6%
FY2024
5-year range
9.3% / 12.8%
FY2021-FY2024
Trend
-2.0%
vs FY2023
Sector context
#59 of 69
Materials
What the data says
Worthington Steel's gross margin of 12.6% is lower than 86% of companies in the Materials sector (FY2024). Improved from 9.3% to 12.6% over the past 2 years.
Based on SEC 10-K filings.
12.6% in FY2024 with a 3-year CAGR of +2.8%.
Improved from 9.3% to 12.6% over the past 2 years.
Materials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +2.8pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Bottom 14% in MaterialsTop 86% of 69This company 12.6% Sector average 26.0%
▼
-51.6% below sector average
Key checks
Key Insights
- In FY2024, gross margin decreased 2.0% year-over-year.
- Currently 13.4pp below the Materials sector average.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.73 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 12.6% | -2.0% |
| FY2023 | 12.8% | +37.4% |
| FY2022 | 9.3% | -4.0% |
| FY2021 | 9.7% | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 3, 2026