Worthington Steel Inc

More Details of Worthington Steel Inc Company

Worthington Steel, Inc. is a metals processor that partners with customers to deliver highly technical and customized solutions. The Company specializes in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions. The Company's carbon flat-rolled steel processing includes a variety of value-added processes based on customer requirements including pickling, specialty re-rolling, hot dip galvanizing, blanking, slitting and cutting-to-length. Its electrical steel laminations include manufacturing of precision magnetic steel laminations for the automotive, industrial motor, generator and transformer industries. Its tailor welded products include tailor welded blanks and aluminum tailor welded blanks. It operates around 29 manufacturing facilities located in the United States, Canada, China, India, Germany, and Mexico. It serves various end markets, including automotive, construction, machinery and equipment, agriculture, and heavy trucks, among others.

Company Info

Company codeWS

Company nameWorthington Steel Inc

IPO dateNov 28, 2023

Founded at2023

CEOMr. Geoffrey G. (Geoff) Gilmore

Number of employees4600

Security typeOrdinary Share

Fiscal year-endNov 28

Address100 W. Old Wilson Bridge Road

CityCOLUMBUS

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code43085

Phone16148404995

Websitehttps://www.worthingtonsteel.com/

Company codeWS

IPO dateNov 28, 2023

Founded at2023

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Geoffrey G. (Geoff) Gilmore

President, Chief Executive Officer, Director

309.62K

-1.13%

Mr. John B. Blystone

Executive Chairman of the Board

223.25K

-1.32%

Dr. Sidney A. Ribeau, Ph.D.

Independent Director

133.60K

+3.38%

Ms. Mary Fackler Schiavo, J.D.

Independent Director

109.41K

+0.26%

Mr. Jeffrey R. (Jeff) Klingler

Chief Operating Officer, Executive Vice President

93.80K

-0.55%

Mr. Timothy A. (Tim) Adams

Chief Financial Officer, Vice President

37.34K

-0.94%

Mr. George P. Stoe

Lead Independent Director

13.99K

+84.39%

Ms. Nancy G. Mistretta

Independent Director

9.56K

+84.39%

Mr. Jon J. Bowsher

Independent Director

9.56K

+84.39%

Mr. Joseph Y. Heuer

Vice President, General Counsel, Corporate Secretary

8.59K

+37.67%

Name

Name/Position

Position

Shareholding

Change

Mr. Geoffrey G. (Geoff) Gilmore

President, Chief Executive Officer, Director

309.62K

-1.13%

Mr. John B. Blystone

Executive Chairman of the Board

223.25K

-1.32%

Dr. Sidney A. Ribeau, Ph.D.

Independent Director

133.60K

+3.38%

Ms. Mary Fackler Schiavo, J.D.

Independent Director

109.41K

+0.26%

Mr. Jeffrey R. (Jeff) Klingler

Chief Operating Officer, Executive Vice President

93.80K

-0.55%

Mr. Timothy A. (Tim) Adams

Chief Financial Officer, Vice President

37.34K

-0.94%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023Q1

By BusinessUSD

Name

Revenue

Proportion

Product class Direct

700.90M

94.84%

Product class Toll

38.10M

5.16%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Product class Direct

700.90M

94.84%

Product class Toll

38.10M

5.16%

Shareholder

Update time: 11 hours ago

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

McConnell (John P)

33.77%

BlackRock Institutional Trust Company, N.A.

10.74%

The Vanguard Group, Inc.

8.78%

Dimensional Fund Advisors, L.P.

4.34%

State Street Global Advisors (US)

3.08%

Other

39.30%

Shareholder Statistics

Shareholder

Proportion

McConnell (John P)

33.77%

BlackRock Institutional Trust Company, N.A.

10.74%

The Vanguard Group, Inc.

8.78%

Dimensional Fund Advisors, L.P.

4.34%

State Street Global Advisors (US)

3.08%

Other

39.30%

Type

Shareholder

Proportion

Individual Investor

36.06%

Investment Advisor/Hedge Fund

23.91%

Investment Advisor

20.87%

Hedge Fund

2.75%

Research Firm

1.18%

Pension Fund

0.86%

Bank and Trust

0.38%

Sovereign Wealth Fund

0.18%

Insurance Company

0.02%

Other

13.80%

Institutional Shareholding

Update time: Wed, Mar 5

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

432

43.71M

86.14%

-259.56K

2024Q4

423

43.64M

86.01%

-51.27K

2024Q3

394

42.19M

84.38%

-129.87K

2024Q2

363

41.03M

82.70%

+16.36M

2024Q1

333

41.11M

82.91%

+18.26M

2023Q4

282

40.49M

81.03%

+40.48M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

McConnell (John P)

17.13M

34.59%

-25.23K

-0.15%

Jul 30, 2024

BlackRock Institutional Trust Company, N.A.

5.08M

10.25%

+108.34K

+2.18%

Dec 31, 2024

The Vanguard Group, Inc.

4.45M

8.99%

+535.77K

+13.68%

Dec 31, 2024

Dimensional Fund Advisors, L.P.

2.20M

4.44%

-188.12K

-7.87%

Dec 31, 2024

State Street Global Advisors (US)

1.56M

3.16%

+7.46K

+0.48%

Dec 31, 2024

Pacer Advisors, Inc.

1.31M

2.65%

+1.31M

--

Dec 31, 2024

Mangrove Partners

844.14K

1.7%

-146.63K

-14.80%

Dec 31, 2024

Geode Capital Management, L.L.C.

768.37K

1.55%

-3.00K

-0.39%

Dec 31, 2024

Northern Trust Investments, Inc.

360.29K

0.73%

+54.14K

+17.69%

Dec 31, 2024

Nuveen LLC

333.23K

0.67%

+1.23K

+0.37%

Dec 31, 2024

Related ETFs

Update time: Fri, May 2

Name

Proportion

Xtrackers US Green Infrastructure Select Eqty ETF

2.01%

VanEck Steel ETF

1.25%

SPDR S&P Metals & Mining ETF

1.12%

Invesco S&P SmallCap Materials ETF

1.05%

Janus Henderson Small Cap Growth Alpha ETF

0.51%

iShares US Infrastructure ETF

0.48%

First Trust Small Cap Value AlphaDEX Fund

0.42%

Royce Quant Small-Cap Quality Value ETF

0.33%

First Trust Small Cap Core Alphadex Fund

0.26%

Invesco S&P SmallCap 600 Revenue ETF

0.21%

Xtrackers US Green Infrastructure Select Eqty ETF

Proportion2.01%

VanEck Steel ETF

Proportion1.25%

SPDR S&P Metals & Mining ETF

Proportion1.12%

Invesco S&P SmallCap Materials ETF

Proportion1.05%

Janus Henderson Small Cap Growth Alpha ETF

Proportion0.51%

iShares US Infrastructure ETF

Proportion0.48%

First Trust Small Cap Value AlphaDEX Fund

Proportion0.42%

Royce Quant Small-Cap Quality Value ETF

Proportion0.33%

First Trust Small Cap Core Alphadex Fund

Proportion0.26%

Invesco S&P SmallCap 600 Revenue ETF

Proportion0.21%

Dividend

A total of 7.90M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Dec 18, 2024

WS.NB Interim Cash Dividend of gross USD 0.16 paid on Mar 28, 2025 going ex on Mar 14, 2025

Mar 14, 2025

Mar 28, 2025

Mar 14, 2025

Sep 25, 2024

WS.NB Final Cash Dividend of gross USD 0.16 paid on Dec 27, 2024 going ex on Dec 13, 2024

Dec 13, 2024

Dec 27, 2024

Dec 13, 2024

Jun 26, 2024

WS.NB Interim Cash Dividend of gross USD 0.16 paid on Sep 27, 2024 going ex on Sep 13, 2024

Sep 13, 2024

Sep 27, 2024

Sep 13, 2024

Mar 21, 2024

WS.NB Interim Cash Dividend of gross USD 0.16 paid on Jun 28, 2024 going ex on Jun 14, 2024

Jun 14, 2024

Jun 28, 2024

Jun 14, 2024

Dec 20, 2023

WS.NB Interim Cash Dividend of gross USD 0.16 paid on Mar 28, 2024 going ex on Mar 13, 2024

Mar 14, 2024

Mar 28, 2024

Mar 13, 2024

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

26.580USD

Worthington Steel Inc

26.580

Overview

Company