Worthington Industries Inc (WOR) — Tangible Net Worth Ratio

Latest as of May 2026: 68.6%

Worthington Industries Inc (WOR) has a Tangible Net Worth Ratio of 68.6% as of May 2026. This metric is calculated by deducting intangible assets ($322.76 Million) from net assets ($1.03 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Worthington Industries Inc to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

68.6%
Tangible equity / total equity

Net Assets (Equity)

$1.03 Billion
USD

Intangible Assets

$322.76 Million
Goodwill, patents, brand value

Total Assets

$1.85 Billion
USD

Worthington Industries Inc Tangible Net Worth Ratio (1986–2026)

This chart shows how Worthington Industries Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 68.6%, reflecting net assets of $1.03 Billion with intangible assets of $322.76 Million USD. For live market cap and overall valuation, see WOR market cap.

Annual Tangible Net Worth Ratio for Worthington Industries Inc (1986–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Worthington Industries Inc from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore WOR capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 68.6% $1.03 Billion $322.76 Million $1.85 Billion ▼ -11.1 pp
2025 79.7% $938.24 Million $190.40 Million $1.70 Billion ▲ +4.5 pp
2024 75.2% $891.01 Million $221.07 Million $1.64 Billion ▼ -7.6 pp
2023 82.8% $1.82 Billion $314.23 Million $3.65 Billion ▲ +1.3 pp
2022 81.5% $1.61 Billion $299.02 Million $3.64 Billion ▼ -3.0 pp
2021 84.5% $1.55 Billion $240.39 Million $3.37 Billion ▲ +3.6 pp
2020 80.9% $966.43 Million $184.42 Million $2.33 Billion ▲ +1.6 pp
2019 79.3% $948.39 Million $196.06 Million $2.51 Billion ▼ 0.0 pp
2018 79.3% $1.04 Billion $214.03 Million $2.62 Billion ▼ -12.9 pp
2017 92.3% $1.07 Billion $82.78 Million $2.33 Billion ▲ +2.7 pp
2016 89.5% $919.85 Million $96.16 Million $2.06 Billion ▲ +3.7 pp
2015 85.8% $840.05 Million $119.12 Million $2.09 Billion ▲ +1.3 pp
2014 84.5% $944.88 Million $145.99 Million $2.30 Billion ▲ +1.4 pp
2013 83.1% $872.24 Million $147.14 Million $1.95 Billion ▼ -3.4 pp
2012 86.6% $747.44 Million $100.33 Million $1.88 Billion ▼ -10.7 pp
2011 97.3% $740.70 Million $19.96 Million $1.67 Billion ▲ +0.5 pp
2010 96.8% $750.03 Million $23.96 Million $1.52 Billion ▼ 0.0 pp
2009 96.8% $742.96 Million $23.64 Million $1.36 Billion ▲ +18.1 pp
2008 78.7% $927.54 Million $197.23 Million $1.99 Billion ▼ -1.5 pp
2007 80.2% $985.32 Million $194.89 Million $1.81 Billion ▼ -0.9 pp
2006 81.1% $994.75 Million $188.29 Million $1.90 Billion ▲ +0.6 pp
2005 80.5% $863.84 Million $168.27 Million $1.83 Billion ▼ -3.2 pp
2004 83.7% $722.35 Million $117.77 Million $1.64 Billion ▲ +2.0 pp
2003 81.6% $636.29 Million $116.78 Million $1.48 Billion ▼ -6.7 pp
2002 88.4% $647.47 Million $75.40 Million $1.46 Billion ▼ -0.1 pp
2001 88.5% $699.20 Million $80.38 Million $1.48 Billion ▼ -0.5 pp
2000 89.0% $726.94 Million $80.21 Million $1.67 Billion ▲ +0.3 pp
1999 88.7% $737.40 Million $83.40 Million $1.69 Billion ▲ +0.3 pp
1998 88.4% $822.70 Million $95.70 Million $1.84 Billion ▲ +1.9 pp
1997 86.5% $724.40 Million $98.10 Million $1.56 Billion ▼ -3.3 pp
1996 89.8% $639.50 Million $65.30 Million $1.22 Billion ▼ -10.2 pp
1995 100.0% $590.30 Million $0.00 $917.00 Million ▲ +0.0 pp
1994 100.0% $503.90 Million $0.00 $798.60 Million ▲ +0.0 pp
1993 100.0% $433.10 Million $0.00 $686.10 Million ▲ +0.0 pp
1992 100.0% $388.70 Million $0.00 $622.40 Million ▲ +0.0 pp
1991 100.0% $355.00 Million $0.00 $563.80 Million ▲ +0.0 pp
1990 100.0% $344.40 Million $0.00 $560.60 Million ▲ +0.0 pp
1989 100.0% $320.50 Million $0.00 $557.80 Million ▲ +0.0 pp
1988 100.0% $286.20 Million $0.00 $506.60 Million ▲ +0.0 pp
1987 100.0% $260.90 Million $0.00 $455.20 Million ▲ +0.0 pp
1986 100.0% $233.60 Million $0.00 $435.70 Million
pp = percentage points