Quarterly ResultJun 23, 2026, 04:06 PM
Worthington Q4 Net Earnings $48.1M, Sales +17%; Full-Year Sales $1.4B
AI Summary
Worthington Enterprises reported strong results for its fiscal 2026 fourth quarter and full year. For Q4, net sales increased 17% to $371.5 million, and net earnings significantly improved to $48.1 million. Full-year net sales reached $1.4 billion, up 20%, with adjusted EBITDA growing 12% to $295.8 million. The company also completed two acquisitions, repurchased shares, and increased its quarterly dividend.
Key Highlights
- Q4 fiscal 2026 net sales increased 17% to $371.5 million, including 3% organic growth.
- Q4 net earnings rose to $48.1 million from $3.6 million in the prior year.
- Q4 diluted EPS improved to $0.97 from $0.08 per share.
- Full-year fiscal 2026 net sales increased 20% to $1.4 billion, with 9% organic growth.
- Full-year adjusted EBITDA grew 12% to $295.8 million.
- Operating cash flow for the full year increased 8% to $226.1 million.
- The company repurchased 350,000 common shares for $18.2 million in Q4.
- A quarterly dividend of $0.20 per common share was declared, representing a 5% increase.
Price Impact
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