Earnings summaries and quarterly performance for WORTHINGTON ENTERPRISES.
Executive leadership at WORTHINGTON ENTERPRISES.
Board of directors at WORTHINGTON ENTERPRISES.
Billy Vickers
Detailed
Director
Brantley Standridge
Detailed
Director
David Blom
Detailed
Director
John Blystone
Detailed
Chairman of the Board
John McConnell II
Detailed
Director
Kerrii Anderson
Detailed
Director
Mark Davis
Detailed
Director
Michael Endres
Detailed
Lead Independent Director
Ozey Horton, Jr.
Detailed
Director
Paul Heller
Detailed
Director
Virgil Winland
Detailed
Director
Research analysts who have asked questions during WORTHINGTON ENTERPRISES earnings calls.
Brian McNamara
Canaccord Genuity - Global Capital Markets
7 questions for WOR
Also covers: CENT, COOK, DRVN +11 more
Kathryn Thompson
Thompson Research Group
7 questions for WOR
Also covers: AMWD, APG, AWI +13 more
Susan Maklari
Goldman Sachs Group Inc.
6 questions for WOR
Also covers: ALH, AOS, AWI +24 more
Daniel Moore
CJS Securities, Inc.
5 questions for WOR
Also covers: BOWL, CHB, CVCO +18 more
Walter Liptak
Seaport Research Partners
3 questions for WOR
Also covers: CMCO, FELE, FSS +12 more
Charles Perron-Piché
Goldman Sachs
1 question for WOR
Also covers: AZEK, BLDR, DHI +4 more
Dan Moore
B. Riley Securities
1 question for WOR
Also covers: CHB, CVCO, CVLG +19 more
John Tumazos
John Tumazos Very Independent Research
1 question for WOR
Also covers: AA, AEM, ASM +13 more
Walt Liptak
Seaport Research
1 question for WOR
Also covers: IEX
Will Seddon
CJS Securities
1 question for WOR
Recent press releases and 8-K filings for WOR.
Worthington Enterprises Reports Strong LTM Financials and Outlines Growth Strategy
WOR
Earnings
M&A
Guidance Update
- Worthington Enterprises was formed on December 1, 2023, following the spin-off of Worthington Steel.
- For the last 12 months (LTM) ended August 31, 2025 (Q1 FY2026), the company reported $1.2 billion in net sales and $280 million in Adjusted EBITDA, representing a 20% increase in Adjusted EBITDA and 370 basis points of margin expansion compared to the LTM ended Q1 FY2025.
- The company maintains a strong balance sheet with 0.5x net debt to EBITDA and $667 million in liquidity as of August 31, 2025, supporting a capital allocation strategy biased towards growth, including $211 million deployed in FY2025 primarily for acquisitions.
- Long-term financial targets include 6% to 8% sales growth and 24% EBITDA margins.
Nov 17, 2025, 9:03 PM
Worthington Enterprises Discusses Post-Spin-off Performance and Growth Strategy
WOR
M&A
Guidance Update
New Projects/Investments
- Worthington Enterprises (WOR), formed on December 1, 2023, reported $1.2 billion in sales and $280 million in adjusted EBITDA for the last 12 months ended August, achieving 23% EBITDA margins and $156 million in free cash flow.
- The company's growth strategy emphasizes innovation and M&A, with $211 million in capital deployed for acquisitions in fiscal year 2025, including Elgin Manufacturing and the Rigasco business in June 2025.
- Long-term financial targets include 6%-8% sales growth and 24% EBITDA margins, aiming for gross margins above 30% and SG&A below 20% of sales.
- While the consumer business performs well, the ClarkDietrich joint venture is experiencing margin compression in a challenging construction market, contrasting with the strong performance of the Wave joint venture.
Nov 13, 2025, 3:40 PM
Worthington Enterprises Discusses Financial Profile and Growth Strategy at Baird Conference
WOR
M&A
Guidance Update
New Projects/Investments
- Worthington Enterprises, formed on December 1, 2023, reported $1.2 billion in sales and $280 million in Adjusted EBITDA for the last 12 months ended August, achieving a 23% EBITDA margin and half a turn net debt to EBITDA.
- The company maintains a strong financial profile with $667 million in liquidity and $156 million in free cash flow, deploying $211 million in capital in fiscal year 2025, primarily for acquisitions.
- Strategic growth is driven by M&A, including the recent acquisitions of Elgin Manufacturing in June 2025 and the Rigasco business in June 2024, targeting market-leading brands in niche consumer and building products.
- Long-term financial targets aim for 6%-8% sales growth and 24% EBITDA margins, though CapEx is elevated in FY 2025 and FY 2026 due to facility modernization projects.
Nov 13, 2025, 3:40 PM
Worthington Enterprises Discusses Financial Profile and Growth Strategy at Baird Conference
WOR
Guidance Update
M&A
New Projects/Investments
- Worthington Enterprises, which became a standalone company on December 1, 2023, reported $1.2 billion in sales and $280 million in adjusted EBITDA (a 23% margin) for the last 12 months ended August.
- The company maintains a strong financial profile with $156 million in free cash flow and half a turn net debt to EBITDA, supported by $667 million in liquidity.
- Worthington Enterprises targets long-term sales growth of 6%-8% (organic and inorganic) and aims for 24% EBITDA margins, with gross margins above 30% and SG&A below 20% of sales.
- Capital allocation in fiscal year 2025 included $211 million deployed, with a focus on acquisitions and facility modernization, budgeting $25 million for modernization in FY 2025 and an expected $45 million in FY 2026.
- The company's strategy emphasizes M&A in niche markets with higher margins and lower capital intensity, having recently acquired Elgin (HVAC components) and Rigasco (heating and cooking products).
Nov 13, 2025, 3:40 PM
Worthington Enterprises Highlights Strong Financial Performance and Strategic Growth
WOR
Earnings
M&A
New Projects/Investments
- Worthington Enterprises reported Net Sales of $1.2 Billion and Adjusted EBITDA of $280 million for the trailing twelve months (TTM) as of Q1 FY2026, achieving an Adjusted EBITDA Margin of 23.3%.
- The company demonstrated strong financial flexibility with $156 million in Free Cash Flow and a Net Leverage of 0.5x (Net Debt to TTM Adjusted EBITDA) as of Q1 FY2026.
- For TTM Q1 FY2026, the Building Products segment generated $699 million in Net Sales and $229 million in Adjusted EBITDA, while the Consumer Products segment contributed $501 million in Net Sales and $81 million in Adjusted EBITDA.
- Worthington Enterprises is focused on growth through innovation, new product development, strategic market share wins, and recent acquisitions, including ELGEN (2025), RAGASCO (2024), HALO (2024), and LEVEL5 (2022).
Nov 13, 2025, 3:40 PM
Worthington Enterprises Reports Strong Q1 2026 Financial Results and Strategic Updates
WOR
Earnings
M&A
Dividends
- Worthington Enterprises reported strong financial results for Q1 fiscal year 2026, with sales up 18% to $304 million and adjusted earnings of $0.74 per share, compared to $0.50 per share in the prior year quarter.
- The company achieved a gross margin of 27.1% and an adjusted EBITDA margin of 21.4% in Q1 2026, with adjusted EBITDA reaching $65 million.
- The acquisition of Elgen contributed $21 million to consolidated sales and resulted in a $2.2 million purchase accounting charge related to inventory.
- Worthington Enterprises maintained a strong balance sheet with $167 million in cash and $306 million in long-term debt, and returned capital to shareholders by paying $9 million in dividends and repurchasing 100,000 shares for $6 million.
- Shareholders approved the 2025 Equity Plan for Non-Employee Directors, which allows for a maximum of 1,000,000 common shares to be granted.
Sep 26, 2025, 8:00 PM
Worthington Enterprises Announces Strong Q1 FY26 Results and Strategic Acquisition
WOR
Earnings
M&A
Share Buyback
- Worthington Enterprises reported strong financial performance in Q1 FY26, with consolidated net sales increasing 18% year-over-year to $304 million and Adjusted EBITDA rising to $65 million from $48 million in the prior year quarter, resulting in an Adjusted EBITDA margin of 21.4%.
- Adjusted EPS grew to $0.74 in Q1 FY26, up from $0.50 in Q1 FY25.
- The company completed the acquisition of Elgen Manufacturing for approximately $91 million on June 18, 2025, and repurchased 100 thousand shares of common stock for $6 million during the quarter.
Sep 24, 2025, 12:30 PM
Worthington Enterprises Reports Strong Q1 2026 Financial Results with Significant Growth in Sales and Adjusted EBITDA
WOR
Earnings
M&A
Share Buyback
- Worthington Enterprises reported strong Q1 2026 financial results, with consolidated sales of $304 million, an 18% increase year-over-year, and adjusted earnings of $0.74 per share. Adjusted EBITDA grew 34% to $65 million, achieving an adjusted EBITDA margin of 21.4%.
- The Building Products segment was a key driver of growth, with sales increasing 32% year-over-year to $185 million, partly due to the acquisition of Elgin Manufacturing, which contributed $21 million in sales. This segment recorded an adjusted EBITDA of $58 million with a 31.3% margin.
- The company continued its strategic focus on acquisitions, integrating Elgin Manufacturing and Ragasco, and launched new products. Capital allocation included paying $9 million in dividends and repurchasing 100,000 shares for $6 million.
- Profitability was impacted by a $2.2 million pre-tax purchase accounting charge related to Elgin's inventory. The company invested $13 million in capital expenditures, with $35 million remaining for facility modernization expected to be completed in fiscal 2026.
Sep 24, 2025, 12:30 PM
Worthington Enterprises Reports Strong First Quarter Fiscal 2026 Results
WOR
Earnings
Dividends
M&A
- Worthington Enterprises reported net sales of $303.7 million for the first quarter of fiscal 2026, an 18% increase compared to the prior year quarter.
- Net earnings increased 45% to $34.8 million, and diluted EPS improved to $0.70 from $0.48 per share in the prior year quarter.
- Adjusted EBITDA grew 34% to $65.1 million, while free cash flow decreased 12% to $27.9 million.
- The company acquired Elgen Manufacturing for $91.2 million on June 18, 2025, and declared a quarterly dividend of $0.19 per common share.
- Worthington Enterprises also repurchased 100,000 common shares for $6.3 million during the quarter.
Sep 23, 2025, 8:25 PM
Quarterly earnings call transcripts for WORTHINGTON ENTERPRISES.
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