Worthington Steel, Inc. Annual Operating Margin in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Worthington Steel, Inc. quarterly/annual Operating Margin history and growth rate from 2021 to 2023.
  • Worthington Steel, Inc. Operating Margin for the quarter ending August 31, 2024 was 5.01 %.
  • Worthington Steel, Inc. annual Operating Margin for 2023 was 5.67 %, a 70.2% increase from 2022.
  • Worthington Steel, Inc. annual Operating Margin for 2022 was 3.33 %, a 40% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.67 +2.34 +70.2% Jun 1, 2023 May 31, 2024
2022 3.33 -2.23 -40% Jun 1, 2022 May 31, 2023
2021 5.57 Jun 1, 2021 May 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.