Worthington Steel, Inc.

For the period ended May 31, 2026. Filed Jul 30, 2026.

About 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.

FY2026 · Filed Jul 30, 2026

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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Contents

Financial Statements and Supplementary Data

Item 8. – Financial Statem ents and Supplementary Data

INDEX TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS

ITEM	PAGE
Report of Independent Registered Public Accounting Firm	54
Consolidated Balance Sheets	56
Consolidated and Combined Statements of Earnings	58
Consolidated and Combined Statements of Comprehensive Income	59
Consolidated and Combined Statements of Equity and Mezzanine Equity	60
Consolidated and Combined Statements of Cash Flows	61
Notes to Consolidated and Combined Financial Statements	62
Note 1 – Description of Business, The Separation, and Basis of Presentation	62
Note 2 – Acquisitions	73
Note 3 – Revenue Recognition	77
Note 4 – Investments	77
Note 5 – Goodwill, Long-Lived Assets, and Other Assets	79
Note 6 – Restructuring and Other (Income) Expense, Net	82
Note 7 – Contingent Liabilities and Commitments	83
Note 8 – Guarantees	84
Note 9 – Debt	84
Note 10 – Comprehensive Income (Loss)	89
Note 11 – Equity and Mezzanine Equity	89
Note 12 – Stock-Based Compensation	91
Note 13 – Employee Retirement Plans	93
Note 14 – Income Taxes	99
Note 15 – Earnings Per Common Share	103
Note 16 – Derivative Financial Instruments and Hedging Activities	103
Note 17 – Fair Value Measurements	108
Note 18 – Leases	110
Note 19 – Related Party Transactions	111
Note 20 – Segment Information and Geographic Data	113
Note 21 – Subsequent Events	114

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.