Worthington Total Operating Expenses from 2010 to 2024

WS Stock   45.14  1.19  2.71%   
Worthington Steel Total Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Total Operating Expenses will likely drop to about 206.1 M in 2024. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2010-12-31
Previous Quarter
224.4 M
Current Value
206.1 M
Quarterly Volatility
26.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worthington Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Steel's main balance sheet or income statement drivers, such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0039 or PTB Ratio of 1.62. Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.
  
Check out the analysis of Worthington Steel Correlation against competitors.
For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.

Latest Worthington Steel's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Worthington Steel over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Worthington Steel's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Steel's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Worthington Total Operating Expenses Regression Statistics

Arithmetic Mean162,007,700
Geometric Mean160,234,257
Coefficient Of Variation16.31
Mean Deviation21,373,293
Median147,435,000
Standard Deviation26,417,802
Sample Variance697.9T
Range77M
R-Value0.76
Mean Square Error319.2T
R-Squared0.58
Significance0
Slope4,480,305
Total Sum of Squares9770.6T

Worthington Total Operating Expenses History

2024206.1 M
2023224.4 M
2022197.5 M
2021180.3 M

About Worthington Steel Financial Statements

Worthington Steel shareholders use historical fundamental indicators, such as Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Operating Expenses224.4 M206.1 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Worthington Stock Analysis

When running Worthington Steel's price analysis, check to measure Worthington Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.