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)
Type
Public
HQ
Worthington, US
Founded
1955
Size (employees)
10,000 (est)
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
Show all (15)

Worthington Industries Financials and Metrics

Worthington Industries Financials

Worthington Industries's revenue was reported to be $703.4 m in Q3, 2017
USD

Revenue (Q3, 2017)

703.4 m

Gross profit (Q3, 2017)

111 m

Gross profit margin (Q3, 2017), %

16%

Net income (Q3, 2017)

39 m

EBIT (Q3, 2017)

34.3 m

Market capitalization (17-Oct-2017)

2.9 b

Cash (28-Feb-2017)

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

Revenue

3.1 b3.4 b2.8 b

Revenue growth, %

8%(17%)

Cost of goods sold

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

Gross profit

492.5 m463.5 m452.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

862.4 m871 m804.8 m758.1 m699.8 m647.1 m737.5 m727.8 m703.4 m

Cost of goods sold

732.9 m745.8 m706.3 m645.1 m590.6 m551.2 m590.3 m605 m592.4 m

Gross profit

129.5 m125.2 m98.5 m113 m109.2 m95.9 m147.3 m122.8 m111 m

Gross profit Margin, %

15%14%12%15%16%15%20%17%16%
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

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

Inventories

43.8 m54.3 m51.6 m

Current Assets

1.2 b992.2 m915.5 m

PP&E

498.9 m513.2 m582.8 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

146.9 m96.5 m42.5 m18.8 m27.4 m25.4 m181.5 m175.2 m227.3 m

Inventories

467.6 m454.8 m478.1 m382.8 m351.2 m321.2 m369.7 m337.9 m340.2 m

Current Assets

1.2 b1.2 b1.1 b934.8 m871.9 m847.7 m1 b1 b1.1 b

PP&E

504.1 m501.9 m511.7 m530.8 m524.1 m539 m580.8 m571.3 m570 m
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)

Inventories

(38 m)54.1 m66.4 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

48.8 m31.5 m(23.2 m)34.4 m25.6 m33.9 m68.5 m49.9 m39 m

Depreciation and Amortization

20.4 m21.2 m21.8 m21.4 m20.5 m20.8 m21.8 m21.6 m21.7 m

Inventories

(51.2 m)16.1 m(8.8 m)(7.8 m)31.6 m37.2 m(50.4 m)31.9 m(2.3 m)

Accounts Payable

41.9 m(72.1 m)40.3 m42.2 m(72.7 m)14 m43.1 m(65.9 m)89.7 m
USDY, 2017

Revenue/Employee

70.3 k

Financial Leverage

2.2 x
Show all financial metrics

Worthington Industries Market Value History

Worthington Industries Median Salaries

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

Traffic Overview of Worthington Industries

Worthington Industries Online and Social Media Presence

Worthington Industries Company Life and Culture

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