Worthington Enterprises Q4 Sales Jump 17% to $371.5M, Earnings Surge
WOR•Worthington Enterprises posted Q4 net sales of $371.5 million, a 17% increase, and net earnings surged to $48.1 million ($0.97 per share) compared with $3.6 million a year earlier. Full-year sales rose 20% to $1.4 billion and EPS climbed to $3.14 per share.
1. Fourth-Quarter Financial Results
Worthington Enterprises generated net sales of $371.5 million in Q4 fiscal 2026, up 16.9% year-over-year, including $44.1 million from recent acquisitions and 3% organic growth. Net earnings rose to $48.1 million ($0.97 per diluted share) compared with $3.6 million ($0.08 per share) in the prior-year quarter, while adjusted EBITDA reached $83.5 million.
2. Full-Year Revenue and Profit Growth
For full-year fiscal 2026, net sales climbed 20% to $1.4 billion, driven by $121.7 million in acquisition contributions and 9% organic growth. Net earnings increased 63% to $155.0 million and diluted EPS improved to $3.14, with adjusted net earnings of $167.6 million and adjusted EPS of $3.37.
3. Cash Flow and Capital Allocation
Operating cash flow rose 8% to $226.1 million, and free cash flow increased 7% to $170.2 million. The company repurchased 350,000 common shares for $18.2 million and declared a 5% higher quarterly dividend of $0.20 per share, enhancing shareholder returns.
4. Strategic Acquisitions and Liquidity
In the quarter, Worthington completed the acquisitions of Elgen Manufacturing and LSI Group, expanding its building products portfolio. With no borrowings on its $500 million credit facility and a streamlined debt position of $305.9 million, the company maintains robust liquidity for strategic investments.
