Worthington Steel, Inc.
For the period ended May 31, 2025. Filed Jul 29, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jul 29, 2025
WS$38.92+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS | ii | ||
|---|---|---|---|
| PART I | |||
| Item 1. | Business | 1 | |
| Item 1A. | Risk Factors | 6 | |
| Item 1B. | Unresolved Staff Comments | 21 | |
| Item 1C. | Cybersecurity | 21 | |
| Item 2. | Properties | 22 | |
| Item 3. | Legal Proceedings | 22 | |
| Item 4. | Mine Safety Disclosures | 22 | |
| Supplemental Item. | Executive Officers of Worthington Steel | 23 | |
| PART II | |||
| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 24 | |
| Item 6. | [Reserved] | 25 | |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 26 | |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 39 | |
| Item 8. | Financial Statements and Supplementary Data | 41 | |
| Item 9. | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 89 | |
| Item 9A. | Controls and Procedures | 89 | |
| Item 9B. | Other Information | 92 | |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 92 | |
| PART III | |||
| Item 10. | Directors, Executive Officers and Corporate Governance | 93 | |
| Item 11. | Executive Compensation | 93 | |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 93 | |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 93 | |
| Item 14. | Principal Accountant Fees and Services | 93 | |
| PART IV | |||
| Item 15. | Exhibits and Financial Statement Schedules | 94 | |
| Signatures | 98 | ||
i
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.