Worthington Enterprises CFO says data center liquid-cooling revenue set to match FY2026 total in Q1 FY2027

Worthington Enterprises outlined post-spin performance, citing fiscal 2026 revenue up 20% to $1.4 billion on 9% organic growth.

Adjusted EBITDA rose 12% to $296 million, despite a $19 million decline in ClarkDietrich results.

Free cash flow totaled $170 million on 102% conversion, despite $25 million of modernization capex; about $300 million was deployed on acquisitions.

Data center liquid-cooling products generated $13 million of revenue in fiscal 2026; management expects that to be matched in fiscal 2027 first quarter.

ClarkDietrich equity income fell to $22 million, pressured by steel price volatility and weak new construction; management sees a trough with upside potential.