Every material Form 8-K Worthington Steel filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Worthington Steel reported fiscal 2026 second-quarter results for the three months ended November 30, 2025, with net sales up 18% and net earnings attributable to the controlling interest up to $18.8 million from $12.8 million. The board also declared a quarterly dividend of $0.16 per share, which shareholders of record on March 13, 2026 will receive on March 27, 2026.
Net sales of $871.9 million, up from $739.0 million a year earlier, driven mainly by higher direct volumes
Diluted EPS attributable to controlling interest of $0.37 vs. $0.25; adjusted diluted EPS of $0.38 vs. $0.19
Operating income of $21.7 million vs. $18.9 million; toll volumes fell 24% year over year
Quarterly dividend of $0.16 per share, payable March 27, 2026, to holders of record on March 13, 2026
Worthington Steel reported first-quarter fiscal 2026 results for the three months ended August 31, 2025, with net sales up 5% to $872.9 million and net earnings attributable to the company up to $36.8 million from $28.4 million a year earlier. The company also declared a $0.16 per share quarterly dividend and held its annual meeting, where shareholders re-elected directors and approved the executive pay proposal, but operating cash flow turned negative at $5.0 million.
Diluted EPS was $0.72 versus $0.56; adjusted diluted EPS was $0.77 versus $0.56.
Operating income rose to $48.3 million from $43.4 million; adjusted EBIT was $54.9 million versus $39.4 million.
Net cash used in operating activities was $5.0 million, compared with $54.6 million provided a year earlier; free cash flow was negative $34.4 million.
Quarterly dividend of $0.16 per share is payable December 26, 2025, to holders of record on December 12, 2025.
Worthington Steel reported fourth-quarter fiscal 2025 net sales of $832.9 million, down 9% from a year earlier, with lower average selling prices driving the decline. Diluted EPS rose to $1.10 from $1.06 on a GAAP basis, but adjusted EPS was $1.05 versus $1.06, and full-year diluted EPS fell to $2.19 from $3.11. The company also declared a $0.16 quarterly dividend and disclosed a director retirement and a new director appointment.
Q4 net sales $832.9 million vs. $911.0 million; operating income $66.4 million vs. $67.3 million
Q4 diluted EPS $1.10 (GAAP) vs. $1.06; adjusted EPS $1.05 vs. $1.06
Full-year FY2025 net sales $3,093.3 million vs. $3,430.6 million; diluted EPS $2.19 vs. $3.11
Quarterly dividend of $0.16 per share payable September 26, 2025; Carl A. Nelson Jr. retires from the Board September 24, 2025; Mark C. Davis appointed director June 25, 2025
Tempel Canada Company, a Worthington Steel subsidiary, signed a letter of offer on March 25, 2025 with Business Development Bank of Canada for a loan of up to CAD $57.5 million to build a new manufacturing facility in Burlington, Ontario. Worthington Steel will guarantee part of the loan and provide cost overrun and completion guarantees, which adds financial exposure for the parent company.
BDC committed up to CAD $57.5 million, subject to customary closing conditions; the loan matures June 1, 2051
Worthington Steel guarantees Tempel Canada's loan obligations, limited to 20% of the loan amount on the date of any demand, with release possible once the balance reaches CAD $40 million
Loan is secured by a mortgage on the Burlington property and a lien on certain equipment; draw period lapses March 21, 2026 unless extended
Tempel Canada must maintain a Total Debt to Tangible Equity Ratio of 1.0 to 1.0 and a Fixed Charge Coverage Ratio of 1.15 to 1.0, tested annually
Worthington Steel reported fiscal 2025 third-quarter net sales of $687.4 million, down 15% from $805.8 million a year earlier, as lower volume and lower selling prices reduced gross margin. Net earnings attributable to controlling interest fell to $13.8 million, or $0.27 per diluted share, from $49.0 million, or $0.98, and the company also declared a $0.16 quarterly dividend.
Net sales of $687.4 million vs $805.8 million in the prior-year quarter, down 15%
Operating income of $18.3 million vs $66.3 million; $7.4 million of asset impairments were recognized
Net earnings per diluted share of $0.27 vs $0.98; adjusted per diluted share of $0.35 vs $0.99
Quarterly dividend of $0.16 per share, payable June 27, 2025, to holders of record on June 13, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Worthington Steel filing is on SEC EDGAR ↗. 8-K briefs of other companies →