Worthington Industries

Worthington Industries is a leading global diversified metals manufacturing company with 2015 fiscal year sales of $3.4 billion. Headquartered in Columbus, Ohio, Worthington is North America’s premier value-added steel processor providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture; a global leader in manufacturing pressure cylinders for industrial gas and cryogenic applications, CNG and LNG storage, transportation and alternative fuel tanks, oil and gas equipment, and brand consumer products for camping, grilling, hand torch solutions and helium balloon kits; and a manufacturer of operator cabs for heavy mobile industrial equipment; laser welded blanks for light weighting applications; automotive racking solutions; and through joint ventures, complete ceiling grid solutions; automotive tooling and stampings; and steel framing for commercial construction. Worthington employs approximately 10,000 people and operates 82 facilities in 11 countries. Named a "100 Best Companies to Work For" by Fortune four times, the Company operates under a long-standing corporate philosophy rooted in the golden rule. Earning money for its shareholders is the first corporate goal. This philosophy serves as an unwavering commitment to the customer, supplier and shareholder, and it serves as the Company’s foundation for one of the strongest employee-employer partnerships in American industry.
Company Growth (employees)
Worthington, US
Size (employees)
10,000 (est)-4%
Worthington Industries was founded in 1955 and is headquartered in Worthington, US

Worthington Industries Office Locations

Worthington Industries has offices in Worthington, Bremen, Columbus, Cleveland and in 11 other locations
Worthington, US (HQ)
200 W Old Wilson Bridge Rd

Worthington Industries Data and Metrics

Worthington Industries Financial Metrics

Worthington Industries's revenue was reported to be $2.8 b in FY, 2016 which is a 17% decrease from the previous period.
$, USD

Revenue (FY, 2016)

2.8 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

452.6 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

157.6 m

EBIT (FY, 2016)

122.1 m

Market capitalization (23-Jun-2017)

2.9 b

Closing share price (23-Jun-2017)


Cash (31-May-2016)

84.2 m


3.4 b
Worthington Industries's current market capitalization is $2.9 b.
$, USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


3.1 b3.4 b2.8 b

Revenue growth, %


Cost of goods sold

2.2 b2.2 b2.6 b2.9 b2.4 b

Gross profit

492.5 m463.5 m452.6 m

Gross profit Margin, %



135.8 m60.6 m122.1 m

EBIT margin, %


Pre tax profit

217.5 m113 m216.6 m

Net Income

160.2 m87.3 m157.6 m
$, USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016


56.2 m41 m51.4 m190.1 m31.1 m84.2 m


43.8 m54.3 m51.6 m

Current Assets

1.2 b992.2 m915.5 m


498.9 m513.2 m582.8 m


251.1 m239 m246.1 m

Total Assets

2.3 b2.1 b2.1 b

Accounts Payable

333.7 m294.1 m290.4 m

Dividends Payable

11 m12.9 m13.5 m

Total Debt

565.2 m669.9 m582.6 m

Current Liabilities

589.7 m524.4 m430.1 m

Additional Paid-in Capital

262.6 m289.1 m299 m

Retained Earnings

591.8 m510.7 m523 m

Total Equity

944.9 m840 m919.8 m

Debt to Equity Ratio

0.6 x0.8 x0.6 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x

Financial Leverage

2.4 x2.5 x2.2 x
$, USDFY, 2014FY, 2015FY, 2016

Net Income

160.2 m87.3 m157.6 m

Depreciation and Amortization

79.7 m85.1 m84.7 m

Accounts Receivable

(10.4 m)(5.9 m)(4.4 m)


(38 m)54.1 m66.4 m

Accounts Payable

69.7 m(83.2 m)20.2 m

Cash From Operating Activities

138.7 m(159 m)53.1 m

Cash From Investing Activities

(46.2 m)(203.1 m)(127 m)

Long-term Borrowings

(1.2 m)(102.9 m)(862 k)

Dividends Paid

(31.2 m)(46.4 m)(47.2 m)

Cash From Financing Activities

(44.2 m)(170.3 m)(233.2 m)
$, USDY, 2016


27.7 x


63.6 x


268.5 k


0.6 x


0.3 x

Financial Leverage

2.2 x

Worthington Industries Market Value History

Worthington Industries Job Categories

Worthington Industries Median Salaries

Source: 36 public H-1B filings from Worthington Industries

Worthington Industries Online and Social Media Presence

Worthington Industries News and Updates

Worthington Industries Company Life and Culture

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