WORTHINGTON ENTERPRISES, INC.

WOR ·Basic Materials, Steel, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $3.58B $3.01B $2.82B $3.38B $3.13B $2.61B $2.53B $2.44B
Cost of Revenue $3.02B $2.48B $2.37B $2.92B $2.63B $2.22B $2.20B $2.09B
Gross Profit $562.9M $535.9M $452.6M $463.5M $492.5M $396.6M $332.9M $356.2M
Gross Margin 15.7% 17.8% 16.1% 13.7% 15.8% 15.2% 13.1% 14.6%
Operating Expenses
Research & Development
SG&A Expense $367.5M $316.4M $297.4M $295.9M $300.4M $258.3M $225.1M $235.2M
Operating Income $141.6M $213.1M $122.1M $60.6M $135.8M $129.1M $101.6M $124.4M
Operating Margin 4.0% 7.1% 4.3% 1.8% 4.3% 4.9% 4.0% 5.1%
Interest Expense $38.7M $29.8M $31.7M $35.8M $26.7M $23.9M $19.5M $18.8M
Pretax Income $209.1M $297.1M $216.6M $113.0M $217.5M $201.3M $177.3M $182.5M
Income Tax Expense $8.2M $79.2M $59.0M $25.8M $57.3M $64.5M $51.9M $58.5M
Net Income $194.8M $204.5M $143.7M $76.8M $151.3M $136.4M $115.6M $115.1M
Net Margin 5.4% 6.8% 5.1% 2.3% 4.8% 5.2% 4.6% 4.7%
EPS (Basic) $3.20 $3.28 $2.30 $1.16 $2.19 $1.97 $1.66 $1.54
EPS (Diluted) $3.09 $3.15 $2.22 $1.12 $2.11 $1.91 $1.65 $1.53
Shares Outstanding (Basic) 60.9M 62.4M 62.5M 66.3M 68.9M 69.3M 69.7M 74.8M
Shares Outstanding (Diluted) 63.0M 64.9M 64.8M 68.5M 71.7M 71.3M 70.3M 75.4M
Dividends Per Share $0.84 $0.80 $0.76 $0.72 $0.60 $0.52 $0.48 $0.40
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