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Worthington Steel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Worthington Steel and similar public comparables like Alleima, Kaiser Aluminum, Companhia Siderúrgica Nacional, AVZ Minerals and more.
Worthington Steel Overview
About Worthington Steel
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
Founded
2023
HQ

Employees
4.8K
Website
Sectors
Financials (LTM)
EV
$2B
Worthington Steel Financials
Worthington Steel reported last 12-month revenue of $4B and EBITDA of $249M.
In the same LTM period, Worthington Steel generated $470M in gross profit, $249M in EBITDA, and $121M in net income.
Revenue (LTM)
Worthington Steel P&L
In the most recent fiscal year, Worthington Steel reported revenue of $3B and EBITDA of $221M.
Worthington Steel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $470M | XXX | $389M | XXX | XXX | XXX |
| Gross Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA | $249M | XXX | $221M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | $121M | XXX | $111M | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $114M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Worthington Steel Stock Performance
Worthington Steel has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Worthington Steel's stock price is $42.13.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 0.0% | XXX | XXX | XXX | $2.18 |
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Start Free TrialWorthington Steel Valuation Multiples
Worthington Steel trades at 0.7x EV/Revenue multiple, and 9.3x EV/EBITDA.
EV / Revenue (LTM)
Worthington Steel Financial Valuation Multiples
As of March 24, 2026, Worthington Steel has market cap of $2B and EV of $2B.
Equity research analysts estimate Worthington Steel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Worthington Steel has a P/E ratio of 17.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 9.3x | XXX | 10.5x | XXX | XXX | XXX |
| EV/EBIT | 14.8x | XXX | 14.8x | XXX | XXX | XXX |
| EV/Gross Profit | 5.0x | XXX | 6.0x | XXX | XXX | XXX |
| P/E | 17.8x | XXX | 19.3x | XXX | XXX | XXX |
| EV/FCF | 30.9x | XXX | 23.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Worthington Steel Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Worthington Steel Margins & Growth Rates
Worthington Steel's revenue in the last 12 month grew by 6%.
Worthington Steel's revenue per employee in the last FY averaged $0.7M.
Worthington Steel's rule of 40 is 13% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Worthington Steel's rule of X is 21% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Worthington Steel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | 16% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 13% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 21% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 8% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Worthington Steel Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Alleima | XXX | XXX | XXX | XXX | XXX | XXX |
| Kaiser Aluminum | XXX | XXX | XXX | XXX | XXX | XXX |
| Companhia Siderúrgica Nacional | XXX | XXX | XXX | XXX | XXX | XXX |
| AVZ Minerals | XXX | XXX | XXX | XXX | XXX | XXX |
| Atalaya Mining Copper | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Worthington Steel M&A Activity
Worthington Steel acquired XXX companies to date.
Last acquisition by Worthington Steel was on XXXXXXXX, XXXXX. Worthington Steel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Worthington Steel
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWorthington Steel Investment Activity
Worthington Steel invested in XXX companies to date.
Worthington Steel made its latest investment on XXXXXXXX, XXXXX. Worthington Steel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Worthington Steel
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Worthington Steel
| When was Worthington Steel founded? | Worthington Steel was founded in 2023. |
| Where is Worthington Steel headquartered? | Worthington Steel is headquartered in United States. |
| How many employees does Worthington Steel have? | As of today, Worthington Steel has over 4K employees. |
| Who is the CEO of Worthington Steel? | Worthington Steel's CEO is Geoffrey G. Gilmore. |
| Is Worthington Steel publicly listed? | Yes, Worthington Steel is a public company listed on NYSE. |
| What is the stock symbol of Worthington Steel? | Worthington Steel trades under WS ticker. |
| When did Worthington Steel go public? | Worthington Steel went public in 2023. |
| Who are competitors of Worthington Steel? | Worthington Steel main competitors are Alleima, Kaiser Aluminum, Companhia Siderúrgica Nacional, AVZ Minerals. |
| What is the current market cap of Worthington Steel? | Worthington Steel's current market cap is $2B. |
| What is the current revenue of Worthington Steel? | Worthington Steel's last 12 months revenue is $4B. |
| What is the current revenue growth of Worthington Steel? | Worthington Steel revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Worthington Steel? | Current revenue multiple of Worthington Steel is 0.7x. |
| Is Worthington Steel profitable? | Yes, Worthington Steel is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Worthington Steel? | Worthington Steel's last 12 months EBITDA is $249M. |
| What is Worthington Steel's EBITDA margin? | Worthington Steel's last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Worthington Steel? | Current EBITDA multiple of Worthington Steel is 9.3x. |
| What is the current FCF of Worthington Steel? | Worthington Steel's last 12 months FCF is $75M. |
| What is Worthington Steel's FCF margin? | Worthington Steel's last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Worthington Steel? | Current FCF multiple of Worthington Steel is 30.9x. |
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