Worthington Operating Income from 2010 to 2024

WOR Stock  USD 57.94  0.44  0.75%   
Worthington Industries Operating Income yearly trend continues to be relatively stable with very little volatility. Operating Income is likely to grow to about 476 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Worthington Industries generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-08-31
Previous Quarter
-5.9 M
Current Value
6.3 M
Quarterly Volatility
94.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worthington Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.6 M, Interest Expense of 16.1 M or Total Revenue of 5.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0507 or PTB Ratio of 1.67. Worthington financial statements analysis is a perfect complement when working with Worthington Industries Valuation or Volatility modules.
  
This module can also supplement Worthington Industries' financial leverage analysis and stock options assessment as well as various Worthington Industries Technical models . Check out the analysis of Worthington Industries Correlation against competitors.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.

Latest Worthington Industries' Operating Income Growth Pattern

Below is the plot of the Operating Income of Worthington Industries over the last few years. Operating Income is the amount of profit realized from Worthington Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Worthington Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Worthington Industries' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Industries' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Worthington Operating Income Regression Statistics

Arithmetic Mean289,511,033
Geometric Mean213,942,713
Coefficient Of Variation87.63
Mean Deviation190,063,111
Median213,121,000
Standard Deviation253,705,191
Sample Variance64366.3T
Range957.3M
R-Value0.69
Mean Square Error36747.2T
R-Squared0.47
Significance0
Slope38,886,973
Total Sum of Squares901128.5T

Worthington Operating Income History

2024476 M
2023453.3 M
2022394.2 M
2021531.6 M
2020B
2019239.2 M
2018241.3 M

Other Fundumenentals of Worthington Industries

Worthington Industries Operating Income component correlations

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0.60.71-0.390.740.580.480.67-0.360.610.50.610.390.530.470.690.50.370.310.710.68-0.41-0.270.910.650.94
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-0.62-0.54-0.2-0.5-0.58-0.63-0.570.59-0.62-0.7-0.5-0.76-0.14-0.39-0.5-0.53-0.27-0.83-0.840.06-0.110.78-0.44-0.08-0.33
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Click cells to compare fundamentals

About Worthington Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Worthington Industries income statement, its balance sheet, and the statement of cash flows. Worthington Industries investors use historical funamental indicators, such as Worthington Industries's Operating Income, to determine how well the company is positioned to perform in the future. Although Worthington Industries investors may use each financial statement separately, they are all related. The changes in Worthington Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Worthington Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Worthington Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Worthington Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income453.3 M476 M
Non Operating Income Net Other248.8 M185.9 M

Worthington Industries Investors Sentiment

The influence of Worthington Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Worthington. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Worthington Industries' public news can be used to forecast risks associated with an investment in Worthington. The trend in average sentiment can be used to explain how an investor holding Worthington can time the market purely based on public headlines and social activities around Worthington Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Worthington Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Worthington Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Worthington Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Worthington Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Worthington Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Worthington Industries' short interest history, or implied volatility extrapolated from Worthington Industries options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Worthington Industries is a strong investment it is important to analyze Worthington Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Worthington Industries' future performance. For an informed investment choice regarding Worthington Stock, refer to the following important reports:
Check out the analysis of Worthington Industries Correlation against competitors.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.
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Is Worthington Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Worthington Industries. If investors know Worthington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Worthington Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
1.11
Earnings Share
4.99
Revenue Per Share
97.839
Quarterly Revenue Growth
(0.09)
The market value of Worthington Industries is measured differently than its book value, which is the value of Worthington that is recorded on the company's balance sheet. Investors also form their own opinion of Worthington Industries' value that differs from its market value or its book value, called intrinsic value, which is Worthington Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Worthington Industries' market value can be influenced by many factors that don't directly affect Worthington Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Worthington Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worthington Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.