WORTHINGTON STEEL, INC. (WS) FY2027 Q1 Balance Sheet

WORTHINGTON STEEL, INC. (WS) FY2027 Q1 Balance Sheet

Balance sheet as of 2026-08-31. The chart shows assets, liabilities and equity at that date.

Assets

6,021,900,000 US dollars

Current assets

3,827,200,000 US dollars

Non-current assets

2,194,700,000 US dollars

Liabilities

4,321,600,000 US dollars

Current liabilities

2,109,300,000 US dollars

Non-current liabilities

2,212,300,000 US dollars

Equity

1,636,500,000 US dollars

Redeemable noncontrolling interest ("Redeemable NCI")

63,800,000 US dollars

Noncontrolling interest

604,200,000 US dollars. Included in consolidated equity; this amount is not added again.

Land

277,000,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.

Buildings and improvements

393,900,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.

Machinery and equipment

1,185,600,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.

Construction in progress

118,100,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.

Less: accumulated depreciation

negative 874,300,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.

Receivables, less allowances of $1.6 and $1.1, respectively

1,387,200,000 US dollars

Raw materials

935,900,000 US dollars

Finished products

592,400,000 US dollars

Prepaid expenses and other current assets

256,800,000 US dollars

Cash and cash equivalents

248,200,000 US dollars

Work in process

182,100,000 US dollars

Current assets of discontinued operations

180,100,000 US dollars

Income taxes receivable

35,400,000 US dollars

Assets held for sale

9,100,000 US dollars

Total property, plant and equipment, net

1,100,300,000 US dollars

Operating lease right-of-use assets

366,000,000 US dollars

Prepaid pension assets

332,700,000 US dollars

Investment in unconsolidated affiliates

106,700,000 US dollars

Deferred income taxes

81,900,000 US dollars

Other intangible assets, net of accumulated amortization of $67.6 and $65.9, respectively

75,000,000 US dollars

Other assets

45,800,000 US dollars

Goodwill

44,500,000 US dollars

Finance lease right-of-use assets, net of accumulated amortization of $4.7 and $4.4, respectively

21,800,000 US dollars

Non-current assets held for sale

19,300,000 US dollars

Non-current assets of discontinued operations

700,000 US dollars

Equity securities

0 US dollars

Accounts payable

1,170,800,000 US dollars

Short-term borrowings

530,900,000 US dollars

Other accrued items

120,300,000 US dollars

Current liabilities of discontinued operations

108,400,000 US dollars

Accrued compensation, contributions to employee benefit plans and related taxes

107,400,000 US dollars

Current operating lease liabilities

40,100,000 US dollars

Current maturities of long-term debt

10,700,000 US dollars

Dividends payable

9,200,000 US dollars

Income taxes payable

6,600,000 US dollars

Current finance lease liabilities

4,900,000 US dollars

Long-term debt, net

1,654,800,000 US dollars

Non-current operating lease liabilities

338,800,000 US dollars

Deferred income taxes

112,000,000 US dollars

Other liabilities

83,300,000 US dollars

Non-current finance lease liabilities

14,400,000 US dollars

Non-current liabilities of discontinued operations

9,000,000 US dollars

Additional Paid-in Capital ("APIC")

926,100,000 US dollars

Retained Earnings

121,800,000 US dollars

Common shares, without par value; authorized - 150,000,000 shares; issued and outstanding 50,071,412 shares and 49,920,298 shares, respectively

0 US dollars

Noncontrolling interests ("NCI")

604,200,000 US dollars

Accumulated other comprehensive income (loss), net of taxes of $(1.0) and $(2.3), respectively

negative 15,600,000 US dollars

Gross equity (calculated)

1,652,100,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus temporary equity plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.