Worthington Industries Inc Net Assets
Worthington Industries Inc net assets. Based on the latest financial reports, Worthington Industries Inc (WOR) has net assets worth $1.03 Billion USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.85 Billion) and total liabilities ($821.02 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Worthington Industries Inc growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.03 Billion |
| % of Total Assets | 55.57% |
| Annual Growth Rate | 3.77% |
| 5-Year Change | -36.37% |
| 10-Year Change | -4.37% |
| Growth Volatility | 15.45 |
Net Assets of Worthington Industries Inc (1986–2026)
Net assets of Worthington Industries Inc from 1986 to 2026. This chart illustrates how Worthington Industries Inc's net assets have evolved over time, based on quarterly financial data. See WOR equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Worthington Industries Inc (1986–2026)
The table below shows the annual net assets of Worthington Industries Inc from 1986 to 2026. For live market cap and overall valuation, see Worthington Industries Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-05-31 | $1.03 Billion | +9.46% |
| 2025-05-31 | $938.24 Million | +5.30% |
| 2024-05-31 | $891.01 Million | -51.09% |
| 2023-05-31 | $1.82 Billion | +12.87% |
| 2022-05-31 | $1.61 Billion | +4.01% |
| 2021-05-31 | $1.55 Billion | +60.56% |
| 2020-05-31 | $966.43 Million | +1.90% |
| 2019-05-31 | $948.39 Million | -8.49% |
| 2018-05-31 | $1.04 Billion | -3.50% |
| 2017-05-31 | $1.07 Billion | +16.75% |
| 2016-05-31 | $919.85 Million | +9.50% |
| 2015-05-31 | $840.05 Million | -11.09% |
| 2014-05-31 | $944.88 Million | +8.33% |
| 2013-05-31 | $872.24 Million | +16.70% |
| 2012-05-31 | $747.44 Million | +0.91% |
| 2011-05-31 | $740.70 Million | -1.24% |
| 2010-05-31 | $750.03 Million | +0.95% |
| 2009-05-31 | $742.96 Million | -19.90% |
| 2008-05-31 | $927.54 Million | -5.86% |
| 2007-05-31 | $985.32 Million | -0.95% |
| 2006-05-31 | $994.75 Million | +15.15% |
| 2005-05-31 | $863.84 Million | +19.59% |
| 2004-05-31 | $722.35 Million | +13.52% |
| 2003-05-31 | $636.29 Million | -1.73% |
| 2002-05-31 | $647.47 Million | -7.40% |
| 2001-05-31 | $699.20 Million | -3.82% |
| 2000-05-31 | $726.94 Million | -1.42% |
| 1999-05-31 | $737.40 Million | -10.37% |
| 1998-05-31 | $822.70 Million | +13.57% |
| 1997-05-31 | $724.40 Million | +13.28% |
| 1996-05-31 | $639.50 Million | +8.33% |
| 1995-05-31 | $590.30 Million | +17.15% |
| 1994-05-31 | $503.90 Million | +16.35% |
| 1993-05-31 | $433.10 Million | +11.42% |
| 1992-05-31 | $388.70 Million | +9.49% |
| 1991-05-31 | $355.00 Million | +3.08% |
| 1990-05-31 | $344.40 Million | +7.46% |
| 1989-05-31 | $320.50 Million | +11.98% |
| 1988-05-31 | $286.20 Million | +9.70% |
| 1987-05-31 | $260.90 Million | +11.69% |
| 1986-05-31 | $233.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Worthington Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 312.0% over the analyzed period, indicating profitable operations and earnings retention.
Worthington Industries Inc Net Assets Breakdown (May 2026)
Worthington Industries Inc net assets breakdown by equity component as of May 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $704.14 Million | 68.56% |
| Common Stock | $1.03 Billion | 100.00% |
| Other Comprehensive Income | $10.91 Million | 1.06% |
| Total Equity | $1.03 Billion | 100.00% |
Worthington Industries Inc Competitors by Market Cap
The table below lists competitors of Worthington Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honeywell Automation India Limited
NSE:HONAUT
|
$2.82 Billion |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$2.82 Billion |
|
Schneider Electric Infrastructure Limited
NSE:SCHNEIDER
|
$2.82 Billion |
|
MultiChoice Group Ltd
JSE:MCG
|
$2.82 Billion |
|
BBVA Banco Frances SA ADR
F:BFP
|
$2.82 Billion |
|
Union Bank of Taiwan
TW:2838
|
$2.82 Billion |
|
Santam
JSE:SNT
|
$2.82 Billion |
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
$2.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Worthington Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 937,187,000 to 1,027,040,000, a change of 89,853,000 (9.6%).
- Net income of 156,085,000 contributed positively to equity growth.
- Dividend payments of 36,890,000 reduced retained earnings.
- Share repurchases of 43,710,000 reduced equity.
- Other comprehensive income increased equity by 6,856,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $156.09 Million | +15.2% |
| Dividends Paid | $36.89 Million | -3.59% |
| Share Repurchases | $43.71 Million | -4.26% |
| Other Comprehensive Income | $6.86 Million | +0.67% |
| Other Changes | $7.51 Million | +0.73% |
| Total Change | $- | 9.59% |
Book Value vs Market Value Analysis
This analysis compares Worthington Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 25.07x to 3.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-05-31 | $2.50 | $62.75 | x |
| 1987-05-31 | $2.79 | $62.75 | x |
| 1988-05-31 | $3.11 | $62.75 | x |
| 1989-05-31 | $3.49 | $62.75 | x |
| 1990-05-31 | $3.82 | $62.75 | x |
| 1991-05-31 | $3.98 | $62.75 | x |
| 1992-05-31 | $4.41 | $62.75 | x |
| 1993-05-31 | $4.84 | $62.75 | x |
| 1994-05-31 | $5.54 | $62.75 | x |
| 1995-05-31 | $6.51 | $62.75 | x |
| 1996-05-31 | $6.65 | $62.75 | x |
| 1997-05-31 | $7.36 | $62.75 | x |
| 1998-05-31 | $8.05 | $62.75 | x |
| 1999-05-31 | $7.41 | $62.75 | x |
| 2000-05-31 | $7.60 | $62.75 | x |
| 2001-05-31 | $7.59 | $62.75 | x |
| 2002-05-31 | $7.06 | $62.75 | x |
| 2003-05-31 | $7.35 | $62.75 | x |
| 2004-05-31 | $7.82 | $62.75 | x |
| 2005-05-31 | $9.27 | $62.75 | x |
| 2006-05-31 | $10.62 | $62.75 | x |
| 2007-05-31 | $10.76 | $62.75 | x |
| 2008-05-31 | $10.81 | $62.75 | x |
| 2009-05-31 | $8.95 | $62.75 | x |
| 2010-05-31 | $8.99 | $62.75 | x |
| 2011-05-31 | $9.15 | $62.75 | x |
| 2012-05-31 | $9.92 | $62.75 | x |
| 2013-05-31 | $11.65 | $62.75 | x |
| 2014-05-31 | $11.87 | $62.75 | x |
| 2015-05-31 | $10.94 | $62.75 | x |
| 2016-05-31 | $12.25 | $62.75 | x |
| 2017-05-31 | $14.67 | $62.75 | x |
| 2018-05-31 | $14.57 | $62.75 | x |
| 2019-05-31 | $14.13 | $62.75 | x |
| 2020-05-31 | $14.66 | $62.75 | x |
| 2021-05-31 | $25.93 | $62.75 | x |
| 2022-05-31 | $29.04 | $62.75 | x |
| 2023-05-31 | $34.34 | $62.75 | x |
| 2024-05-31 | $17.65 | $62.75 | x |
| 2025-05-31 | $18.69 | $62.75 | x |
| 2026-05-31 | $20.93 | $62.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Worthington Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.30%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.80x
- Recent ROE (15.20%) is above the historical average (14.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 17.98% | 5.57% | 1.73x | 1.87x | $18.64 Million |
| 1987 | 16.14% | 5.14% | 1.80x | 1.74x | $16.01 Million |
| 1988 | 19.60% | 6.20% | 1.78x | 1.77x | $27.48 Million |
| 1989 | 20.03% | 6.38% | 1.80x | 1.74x | $32.15 Million |
| 1990 | 15.45% | 5.81% | 1.63x | 1.63x | $18.76 Million |
| 1991 | 12.56% | 5.10% | 1.55x | 1.59x | $9.10 Million |
| 1992 | 14.28% | 5.70% | 1.57x | 1.60x | $16.63 Million |
| 1993 | 15.29% | 5.93% | 1.63x | 1.58x | $22.89 Million |
| 1994 | 16.85% | 6.61% | 1.61x | 1.58x | $34.51 Million |
| 1995 | 19.77% | 7.87% | 1.62x | 1.55x | $57.67 Million |
| 1996 | 14.28% | 6.18% | 1.21x | 1.91x | $27.35 Million |
| 1997 | 13.04% | 4.88% | 1.22x | 2.18x | $21.75 Million |
| 1998 | 15.17% | 7.29% | 0.88x | 2.36x | $40.37 Million |
| 1999 | 7.96% | 3.11% | 1.05x | 2.45x | $-14.06 Million |
| 2000 | 13.98% | 4.80% | 1.17x | 2.49x | $26.82 Million |
| 2001 | 5.47% | 1.95% | 1.24x | 2.27x | $-29.40 Million |
| 2002 | 1.07% | 0.37% | 1.20x | 2.40x | $-54.12 Million |
| 2003 | 11.82% | 3.39% | 1.50x | 2.32x | $11.55 Million |
| 2004 | 12.75% | 3.65% | 1.45x | 2.42x | $18.71 Million |
| 2005 | 21.86% | 5.83% | 1.68x | 2.23x | $97.33 Million |
| 2006 | 15.44% | 5.04% | 1.52x | 2.01x | $51.46 Million |
| 2007 | 12.17% | 3.83% | 1.64x | 1.94x | $20.30 Million |
| 2008 | 12.09% | 3.49% | 1.54x | 2.25x | $18.54 Million |
| 2009 | -15.33% | -4.11% | 1.93x | 1.93x | $-178.82 Million |
| 2010 | 6.36% | 2.33% | 1.28x | 2.14x | $-25.90 Million |
| 2011 | 16.68% | 4.71% | 1.47x | 2.42x | $46.08 Million |
| 2012 | 16.58% | 4.56% | 1.35x | 2.69x | $45.88 Million |
| 2013 | 16.42% | 5.22% | 1.34x | 2.35x | $53.36 Million |
| 2014 | 17.78% | 4.84% | 1.36x | 2.70x | $66.22 Million |
| 2015 | 10.25% | 2.27% | 1.62x | 2.78x | $1.87 Million |
| 2016 | 18.11% | 5.10% | 1.37x | 2.60x | $64.38 Million |
| 2017 | 21.49% | 6.79% | 1.30x | 2.44x | $109.35 Million |
| 2018 | 21.20% | 5.44% | 1.37x | 2.85x | $102.92 Million |
| 2019 | 18.46% | 4.08% | 1.50x | 3.02x | $70.33 Million |
| 2020 | 9.60% | 2.58% | 1.31x | 2.84x | $-3.29 Million |
| 2021 | 51.77% | 22.82% | 0.94x | 2.41x | $583.98 Million |
| 2022 | 25.62% | 7.24% | 1.44x | 2.46x | $231.31 Million |
| 2023 | 15.13% | 18.08% | 0.39x | 2.15x | $86.93 Million |
| 2024 | 12.45% | 8.88% | 0.76x | 1.84x | $21.74 Million |
| 2025 | 10.25% | 8.33% | 0.68x | 1.81x | $2.33 Million |
| 2026 | 15.20% | 11.30% | 0.75x | 1.80x | $53.38 Million |
Industry Comparison
This section compares Worthington Industries Inc's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $480,144,500
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Worthington Industries Inc (WOR) | $1.03 Billion | 17.98% | 0.80x | $2.82 Billion |
| Ampco-Pittsburgh Corporation (AP) | $85.00 Million | 9.38% | 4.45x | $156.51 Million |
| Allegheny Technologies Incorporated (ATI) | $832.70 Million | 22.17% | 4.15x | $22.55 Billion |
| Commercial Metals Company (CMC) | $1.62 Billion | 12.20% | 1.31x | $7.09 Billion |
| CompoSecure, Inc. (CMPO) | $-143.45 Million | 0.00% | 0.00x | $2.49 Billion |
| CompoSecure, Inc. (CMPO) | $-292.00 Million | 0.00% | 0.00x | $4.78 Billion |
| Carpenter Technology Corporation (CRS) | $1.50 Billion | 8.83% | 1.03x | $14.07 Billion |
| ESAB Corp (ESAB) | $1.39 Billion | 16.11% | 1.70x | $4.25 Billion |
| Gulf Island Fabrication Inc (GIFI) | $200.76 Million | 10.62% | 0.25x | $188.30 Million |
| GPGI, Inc. (GPGI) | $-407.65 Million | 0.00% | 0.00x | $3.24 Billion |
| Highway Holdings Limited (HIHO) | $9.27 Million | 4.78% | 0.60x | $3.65 Million |
About Worthington Industries Inc
Worthington Enterprises, Inc. operates as an industrial manufacturing company. It operates through two segments, Consumer Products and Building Products. The Consumer Products segment provides products in the tools, outdoor living, and celebrations. Its products include hand-held torches, micro torches, lighters, accessories, and fuel for constructing, fixing making, and creating; precision and s… Read more