WORTHINGTON ENTERPRISES, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.15B | $1.25B | $1.42B | $1.31B | $3.17B | $3.06B | $3.76B |
| Cost of Revenue | $1.00B | $834.7M | $960.7M | $1.09B | $981.6M | $2.53B | $2.62B | $3.28B |
| Gross Profit | $378.3M | $319.0M | $285.0M | $323.6M | $327.6M | $639.1M | $443.3M | $480.0M |
| Gross Margin | 27.4% | 27.7% | 22.9% | 22.8% | 25.0% | 20.2% | 14.5% | 12.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $295.0M | $268.4M | $283.5M | $287.1M | $281.4M | $351.1M | $328.1M | $338.4M |
| Operating Income | $76.2M | $-10.7M | $-73.5M | $29.8M | $48.8M | $167.5M | $22.5M | $144.8M |
| Operating Margin | 5.5% | -0.9% | -5.9% | 2.1% | 3.7% | 5.3% | 0.7% | 3.9% |
| Interest Expense | $6.2M | $2.1M | $1.6M | $18.3M | $23.9M | $30.3M | $31.6M | $38.1M |
| Pretax Income | $201.3M | $128.8M | $74.0M | $160.3M | $210.6M | $917.7M | $110.8M | $206.5M |
| Income Tax Expense | $46.3M | $33.8M | $39.0M | $34.5M | $52.7M | $176.3M | $26.3M | $43.2M |
| Net Income | $156.1M | $96.1M | $110.6M | $256.5M | $379.4M | $723.8M | $78.8M | $153.5M |
| Net Margin | 11.3% | 8.3% | 8.9% | 18.1% | 29.0% | 22.8% | 2.6% | 4.1% |
| EPS (Basic) | $3.18 | $1.94 | $2.25 | $5.28 | $7.60 | $13.73 | $1.43 | $2.68 |
| EPS (Diluted) | $3.14 | $1.92 | $2.20 | $5.19 | $7.44 | $13.42 | $1.41 | $2.61 |
| Shares Outstanding (Basic) | 49.1M | 49.4M | 49.2M | 48.6M | 49.9M | 52.7M | 55.0M | 57.2M |
| Shares Outstanding (Diluted) | 49.7M | 50.1M | 50.3M | 49.4M | 51.0M | 53.9M | 56.0M | 58.8M |
| Dividends Per Share | $0.76 | $0.68 | $0.96 | $1.24 | $1.12 | $1.03 | $0.96 | $0.92 |