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 |
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 |