Feed / WOR

Worthington Enterprises, Inc.

WOR

Industrials · 56.97 -1.6% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Worthington Enterprises, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company-1.6% todayVolume comparison unavailable
Market group0 of 1 activeMetal Fabrication · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • WOR's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if WOR's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Metal Fabrication

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • WOR's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements102
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +19.7% year over year.
  • Operating margin changed +6.4 percentage points in the latest annual period.
  • Net margin changed +3.0 percentage points in the latest annual period.
  • Demand and volume has repeated favorable evidence across 3 filings.
  • Tariffs and trade policy has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Pricing and mix has repeated adverse evidence across 3 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

56.97
6m+21.2%12m-11.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-05-31$1.3B-58.7%-5.4%
2023-05-31$1.4B+8.3%-3.2%
2024-05-31$1.2B-12.2%+1.9%
2025-05-31$1.2B-7.4%-0.4%
2026-05-31$1.4B+19.7%-0.8%

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsnegative · 4 filings
Restructuring activity in the prior year quarter and prior year period was driven by the accelerated vesting of certain outstanding equity awards upon the retirement of our former CEO and a change in fair value of an earnout associated with the Ragasco acquis…
10-Q · Apr 9, 2026
Demand and volumepositive · 3 filings
This trend was driven by strong overall supply levels and softer end-market demand.
10-Q · Apr 9, 2026
Pricing and mixmixed · 3 filings
Year-to-Date Comparison Equity income was down $5.6 million from the prior year period, driven by lower contributions from ClarkDietrich, which were down $12.2 million as continued pricing pressure and an unfavorable shift in project mix led to lower gross pr…
10-Q · Apr 9, 2026
Tariffs and trade policypositive · 3 filings
Aluminum: During the second quarter of fiscal 2026, aluminum costs increased to record levels, reflecting both tighter market supply and a June 2025 increase in U.S Section 232 tariffs to 50%, which drove U.S Midwest aluminum premiums to elevated levels.
10-Q · Jan 9, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

56.97-1.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WOR. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for WOR. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind WOR

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

WKHSFiling-linked namepartnerApr 9, 2026

Workhorse, a 20%-owned joint venture with an affiliate of Angeles Equity Partners, LLC, is a non-captive designer and manufacturer of high-quality, custom-engineered open and enclosed cabs and operator stations and custom fabrications and packaging for heavy…

AWIArmstrong World Industries, Inc.partnerJul 30, 2025

We maintain two unconsolidated joint ventures that complement the wholly-owned operations within our Building Products business: • WAVE , a 50%-owned joint venture with Armstrong World Industries, Inc.

Depended on by

AWIArmstrong World Industries, Inc.partnerApr 28, 2026

We also manufacture ceiling suspension system (grid) products through a joint venture with Worthington Enterprises, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WOR is currently a Leader in the organic co-movement group Metal Fabrication. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for WOR; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.