Record Revenue Growth
Revenue in Q4 was up 14% from last year, excluding the deconsolidation of SES, and up 8% excluding both SES and revenues at Ragasco.
Significant Margin Expansion
Gross margin increased to 29.3% from 24.8%, and adjusted EBITDA margin in the quarter was 26.8% compared to 19.8% a year ago.
Innovation and New Partnerships
Partnership with CVS for Balloon Time products and accolades for HALO Griddles, along with the 2025 Innovation Award for the 3M Fastbond water-based adhesives that used Worthington's PowerCore cylinder.
Strategic Acquisition
Acquisition of Elgen Manufacturing, a leader in HVAC components, adding over $115 million in LTM revenue and $13 million in adjusted EBITDA.
Strong Cash Flow and Dividend Increase
Free cash flow totaled $159 million with a 103% free cash flow conversion rate. Quarterly dividend increased by 12%.