| Balance Sheets | 2026-02-28 | 2025-08-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 90,000 | 78,300 | ||
| Restricted cash | 0 | 0 | ||
| Receivables, less allowances of 1.2 and 3.8, respectively | 461,600 | 490,300 | ||
| Raw materials | 179,600 | 215,100 | ||
| Work in process | 149,400 | 169,500 | ||
| Finished products | 106,600 | 93,900 | ||
| Total inventories | 435,600 | 478,500 | ||
| Income taxes receivable | 2,700 | 1,600 | ||
| Assets held for sale | 600 | 11,200 | ||
| Prepaid expenses and other current assets | 116,000 | 88,600 | ||
| Total current assets | 1,106,500 | 1,148,500 | ||
| Investment in unconsolidated affiliate | 119,800 | 133,000 | ||
| Operating lease right-of-use assets | 89,100 | 87,300 | ||
| Finance lease right-of-use assets, net of accumulated amortization of 2.1 and -, respectively | 9,400 | 8,400 | ||
| Goodwill | 103,300 | 101,700 | ||
| Other intangible assets, net of accumulated amortization of 56.5 and 50.3, respectively | 87,000 | 90,000 | ||
| Deferred income taxes | 12,700 | 10,400 | ||
| Equity securities | 101,300 | NaN | ||
| Other assets | 8,500 | 8,000 | ||
| Land | 42,300 | 44,200 | ||
| Buildings and improvements | 221,500 | 217,800 | ||
| Machinery and equipment | 1,038,800 | 1,015,600 | ||
| Construction in progress | 182,900 | 151,700 | ||
| Total property, plant and equipment | 1,485,500 | 1,429,300 | ||
| Less accumulated depreciation | 807,600 | 773,300 | ||
| Total property, plant and equipment, net | 677,900 | 656,000 | ||
| Total assets | 2,315,500 | 2,243,300 | ||
| Accounts payable | 401,900 | 385,700 | ||
| Short-term borrowings | 192,700 | 160,000 | ||
| Accrued compensation, contributions to employee benefit plans and related taxes | 55,300 | 54,800 | ||
| Dividends payable | 9,100 | 9,100 | ||
| Other accrued items | 43,800 | 24,200 | ||
| Current operating lease liabilities | 11,300 | 10,600 | ||
| Current finance lease liabilities | 2,400 | 2,400 | ||
| Income taxes payable | 2,000 | 16,500 | ||
| Current maturities of long-term debt | 27,100 | 30,300 | ||
| Total current liabilities | 745,600 | 693,600 | ||
| Other liabilities | 57,300 | 48,800 | ||
| Long-term debt | 31,600 | 43,100 | ||
| Noncurrent operating lease liabilities | 82,400 | 80,900 | ||
| Noncurrent finance lease liabilities | 5,100 | 6,000 | ||
| Deferred income taxes | 36,100 | 40,000 | ||
| Total liabilities | 958,100 | 912,400 | ||
| Redeemable noncontrolling interest ('redeemable nci') | 96,800 | 97,700 | ||
| Total mezzanine equity | 96,800 | 97,700 | ||
| Common shares, without par value authorized - 150,000,000 shares issued and outstanding 49,910,958 shares and 49,548,895 shares, respectively | 0 | 0 | ||
| Additional paid-in capital ('apic') | 916,700 | 915,300 | ||
| Retained earnings | 205,700 | 192,500 | ||
| Accumulated other comprehensive income (loss), net of taxes of (2.2) and (2.0), respectively | 2,100 | -2,900 | ||
| Total shareholders' equity - controlling interest | 1,124,500 | 1,104,900 | ||
| Noncontrolling interests ('nci') | 136,100 | 128,300 | ||
| Total equity | 1,260,600 | 1,233,200 | ||
| Total liabilities, mezzanine equity, and equity | 2,315,500 | 2,243,300 | ||
Worthington Steel, Inc. (WS)
Worthington Steel, Inc. (WS)