Worthington Enterprises Posts 24% Revenue Growth, EPS $0.92; Tank Sales to Triple
Worthington Enterprises achieved 24% year-over-year revenue growth in Q3 2026 and GAAP EPS of $0.92 versus $0.79, driven by 14% organic sales growth. The mid-quarter acquisition of LSI expanded engineered building systems offerings and the data center cooling tank business is projected to triple this year.
1. Q3 Financial Performance
Worthington Enterprises delivered a 24% increase in revenue year-over-year and reported GAAP earnings of $0.92 per share compared with $0.79 in the prior year period. The company also saw strong adjusted EBITDA growth, underpinned by improved pricing and higher production volumes across its segments.
2. Organic Growth Breakdown
Organic revenue rose 14% in the quarter, with building products up 16% and consumer products growing 11%. Volume gains were complemented by price increases, particularly in the consumer segment where average selling prices rose.
3. LSI Acquisition Impact
The acquisition of LSI, completed mid-quarter, enhances Worthington’s engineered building systems portfolio and adds commercial metal roofing clip products. Early integration efforts are tracking to expectations with synergy opportunities identified in cross-selling and operational efficiencies.
4. Data Center Cooling Tanks Outlook
Worthington’s tank business for data centers is slated to triple this year as liquid cooling adoption expands. Management is investing in engineering capabilities, supply chain capacity and personnel to support sustained growth in this segment.