Worthington Historical Income Statement
| WS Stock | 44.69 0.63 1.43% |
Historical analysis of Worthington Steel income statement accounts such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M can show how well Worthington Steel performed in making a profits. Evaluating Worthington Steel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Worthington Steel's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Worthington Steel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Worthington Steel is a good buy for the upcoming year.
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About Worthington Income Statement Analysis
Worthington Steel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Worthington Steel shareholders. The income statement also shows Worthington investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Worthington Steel Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Worthington Steel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Worthington Steel minus its cost of goods sold. It is profit before Worthington Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Worthington Steel income statement and represents the costs associated with goods and services Worthington Steel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Worthington Steel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Worthington Steel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.At this time, Worthington Steel's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 3.6 B in 2024, whereas Net Interest Income is likely to drop (6.3 M) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 395.5M | 340.4M | 439.8M | 425.3M | Total Revenue | 4.1B | 3.6B | 3.4B | 3.6B |
Worthington Steel income statement Correlations
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Worthington Steel Account Relationship Matchups
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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.