Worthington Industries, Inc. (WOR)
NYSE:WOR
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Earnings Data
Report Date
Sep 30, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.77Last Year’s EPS
0.74Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive view: the company delivered strong full-year top-line growth (20%), adjusted EBITDA expansion (12%), record free cash flow ($170M), improved SG&A efficiency, and strategic M&A and product momentum (notably ASME tanks into data centers). Near-term headwinds include margin compression from mix and inventory step-up (LSI), lower equity income from ClarkDietrich, A2L-related tough comps, and elevated modernization capex, but management framed many issues as timing or comparison-driven rather than structural. Balance sheet metrics and liquidity remain strong, supporting continued execution and M&A optionality.Company Guidance
Full-Year Sales Growth
Consolidated net sales for fiscal 2026 increased 20% year-over-year to $1.4 billion, including 9% organic growth, demonstrating both portfolio strength and organic momentum.
Adjusted EBITDA and EPS Expansion
Adjusted EBITDA for fiscal 2026 increased 12% to $296 million. Adjusted earnings per share rose 9% to $3.37 for the year; GAAP EPS improved to $3.14 from $1.92 the prior year.
Record Free Cash Flow and Strong Conversion
Generated $170 million of free cash flow for fiscal 2026 and $55 million in the quarter (company's highest quarterly FCF), representing a 102% conversion rate relative to adjusted net earnings.
Improved SG&A Efficiency
SG&A as a percentage of sales was reduced materially (company cites a 200 basis point reduction for the year and a 150 basis point reduction in the quarter) driven by productivity, automation, and AI-enabled initiatives.
Balance Sheet Strength and Liquidity
Closed the quarter with net debt of $278 million and a net debt to trailing adjusted EBITDA ratio of less than 1.0x. Company maintains a $500 million undrawn revolving credit facility for flexibility.
Strategic M&A and Integration Progress
Completed acquisitions of Elgen and LSI and reported integrations are on track; acquisitions contributed $44 million in net sales in Q4.
Data Center Opportunity and Product Traction
Shipped approximately $13 million of ASME water tanks for liquid cooling into data centers in 2026 and expect to ship at least $13 million in Q1 FY2027, positioning the company in an emerging multi-year growth market.
Segment-Level Wins — Wholly Owned Margin Expansion
Wholly owned Building Products adjusted EBITDA increased 62% in fiscal 2026 to $100 million and expanded margin by 220 basis points to 11.7%. Consumer Products adjusted EBITDA grew 10% to $91 million with margin expansion of ~100 basis points to 17.5%.
Quarterly Operational Performance
Q4 consolidated net sales were $371 million, up 17% year-over-year (organic growth 3%). Q4 adjusted EBITDA was $83.5 million and net earnings rose to $48 million from $4 million a year ago.
Shareholder Returns and Capital Allocation
Returned capital through a 5% increase in quarterly dividend to $0.20 per share, $9 million in dividends paid in the quarter, and $18 million used to repurchase 350,000 shares during Q4.
WOR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WOR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 23, 2026 | $61.03 | $57.30 | -6.11% |
Mar 24, 2026 | $51.71 | $49.35 | -4.57% |
Dec 16, 2025 | $55.88 | $54.46 | -2.54% |
Sep 23, 2025 | $59.63 | $52.73 | -11.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Worthington Industries, Inc. (WOR) report earnings?
Worthington Industries, Inc. (WOR) is schdueled to report earning on Sep 30, 2026, Before Open (Confirmed).
What is Worthington Industries, Inc. (WOR) earnings time?
Worthington Industries, Inc. (WOR) earnings time is at Sep 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is WOR EPS forecast?
WOR EPS forecast for the fiscal quarter 2027 (Q1) is 0.77.