Worthington Enterprises Inc (N:WOR)

Sector:  Basic Materials Industry:  Steel
 
See Regulatory Filings on SEC
Company Contact
Address: 200 W. Old Wilson Bridge Road
COLUMBUS OH 43085
Tel: 1-614-8404663
Website: https://www.worthingtonenterprises.com
IR: See website
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Key People
B. Andrew Rose
President, Chief Executive Officer
Joseph B. Hayek
Chief Financial Officer, Vice President
Steven M. Caravati
President - Consumer Products
Jeff R. Klingler
President - Steel Processing
Eric M. Smolenski
President - Building Products and Sustainable Energy Solutions
Geoffrey G. Gilmore
Chief Operating Officer, Executive Vice President
Catherine M. Lyttle
Chief Human Resources Officer, Senior Vice President
Kevin J. Chan
Chief Accounting Officer, Corporate Controller
Patrick J. Kennedy
Vice President, General Counsel, Company Secretary
Business Overview
Worthington Enterprises Inc. is a designer and manufacturer of brands that enable people to live safer, healthier and more expressive lives. The Company operates through three businesses: building products, consumer products and sustainable energy solutions. The comprehensive portfolio of building products includes heating and cooling solutions, specialized construction products, water systems, ceiling solutions, and metal framing options. The consumer products include tools, outdoor living and celebrations categories sold under brand names Balloon Time, Bernzomatic, Coleman, Garden-Weasel, General, HALO, Hawkeye, Level5 Tools, Mag Torch, Pactool International and Well-X-Trol. The sustainable energy solutions offer on-board fueling systems and services, as well as gas containment solutions and services for the storage, transport, and distribution of industrial gases, supporting the growing hydrogen ecosystem and adjacent sustainable energies like compressed natural gas.
Financial Overview
For the nine months ended 29 February 2024, Worthington Enterprises Inc revenues decreased 12% to $926.9M. Net income before extraordinary items decreased 12% to $59.3M. Revenues reflect Building Products segment decrease of 17% to $271.1M, Steel Processing segment decrease of 6% to $788.7M. Net income also reflects Separation costs increase from $3.6M to $12.5M (expense).
Employees: 8,200 as of May 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,059M as of Feb 29, 2024
Annual revenue (TTM): $2,156M as of Feb 29, 2024
EBITDA (TTM): $225.15M as of Feb 29, 2024
Net annual income (TTM): $189.21M as of Feb 29, 2024
Free cash flow (TTM): $320.21M as of Feb 29, 2024
Net Debt Last Fiscal Year: $70.65M as of Feb 29, 2024
Shares outstanding: 50,146,357 as of Apr 3, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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