WS
Worthington Steel, Inc.
Worthington Steel, Inc. (WS) files with the SEC as a materials company. Its most recent balance sheet puts total assets at $2.3B, against $958M of liabilities and $1.3B of equity, as at 2026-02-28. That balance sheet grew 7.7% against 2025-11-30, when total assets were $2.1B. Liabilities account for 41.4% of the balance sheet and equity 54.4%, about $0.76 of liabilities for every dollar of equity. The largest single line on the asset side is Property & equipment at $678M, 29.3% of total assets, followed by Receivables at $462M. Its largest single liability is Accounts payable at $402M, 17.4% of the balance sheet. By total assets it is the 131st largest of the 386 materials companies covered here. The figures come from a filing filed on 2026-04-09. The filing presents redeemable instruments between liabilities and equity, so it reconciles once that mezzanine block is included — every figure as filed. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.
What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $85M4% |
|---|---|
| Receivables | $496M22% |
| Inventory | $416M18% |
| Property & equipment | $649M29% |
| Goodwill | $44M2% |
| Intangibles | $77M3% |
| Other assets | $485M22% |
| Accounts payable | $424M19% |
|---|---|
| Long-term debt | $44M2% |
| Other liabilities | $521M23% |
| Shareholders' equity | $1.2B53% |
Most of what WS owns is physical — property, equipment and inventory account for 47% of total assets.
Funding is split roughly evenly: equity is 53% of the balance sheet and liabilities 47%.
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Learn more
- Understanding the Accounting Identity — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why SEC XBRL Data Is Wrong 1 Out of 5 Times (And How to Fix It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
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The nearest in size that file in the same sector, each drawn to the same scale.