Steel
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WS vs STLD
Revenue, margins, valuation, and 5-year total return — side by side.
Steel
WS vs STLD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Steel | Steel |
| Market Cap | $2.08B | $35.04B |
| Revenue (TTM) | $3.27B | $19.01B |
| Net Income (TTM) | $125M | $1.37B |
| Gross Margin | 12.8% | 14.0% |
| Operating Margin | 4.8% | 9.4% |
| Forward P/E | 19.5x | 16.2x |
| Total Debt | $228M | $4.21B |
| Cash & Equiv. | $38M | $770M |
WS vs STLD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Nov 23 | May 26 | Return |
|---|---|---|---|
| Worthington Steel, … (WS) | 100 | 152.3 | +52.3% |
| Steel Dynamics, Inc. (STLD) | 100 | 203.0 | +103.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WS vs STLD
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WS is the clearest fit if your priority is dividends.
- 1.5% yield, 2-year raise streak, vs STLD's 0.8%
STLD carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 15 yrs, beta 1.32, yield 0.8%
- Rev growth 3.6%, EPS growth -18.8%, 3Y rev CAGR -6.5%
- 9.2% 10Y total return vs WS's 73.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.6% revenue growth vs WS's -9.8% | |
| Value | Lower P/E (16.2x vs 19.5x) | |
| Quality / Margins | 7.2% margin vs WS's 3.8% | |
| Stability / Safety | Beta 1.32 vs WS's 1.92 | |
| Dividends | 1.5% yield, 2-year raise streak, vs STLD's 0.8% | |
| Momentum (1Y) | +85.9% vs WS's +62.0% | |
| Efficiency (ROA) | 8.5% ROA vs WS's 5.8%, ROIC 9.2% vs 8.2% |
WS vs STLD — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WS vs STLD — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
STLD leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
STLD is the larger business by revenue, generating $19.0B annually — 5.8x WS's $3.3B. Profitability is closely matched — net margins range from 7.2% (STLD) to 3.8% (WS).
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.3B | $19.0B |
| EBITDAEarnings before interest/tax | $231M | $2.4B |
| Net IncomeAfter-tax profit | $125M | $1.4B |
| Free Cash FlowCash after capex | $127M | $665M |
| Gross MarginGross profit ÷ Revenue | +12.8% | +14.0% |
| Operating MarginEBIT ÷ Revenue | +4.8% | +9.4% |
| Net MarginNet income ÷ Revenue | +3.8% | +7.2% |
| FCF MarginFCF ÷ Revenue | +3.9% | +3.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +18.0% | +19.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +48.0% | +93.1% |
Valuation Metrics
WS leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 19.1x trailing earnings, WS trades at a 37% valuation discount to STLD's 30.3x P/E. On an enterprise value basis, WS's 10.6x EV/EBITDA is more attractive than STLD's 19.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.1B | $35.0B |
| Enterprise ValueMkt cap + debt − cash | $2.3B | $38.5B |
| Trailing P/EPrice ÷ TTM EPS | 19.12x | 30.27x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.48x | 16.24x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.20x |
| EV / EBITDAEnterprise value multiple | 10.63x | 18.98x |
| Price / SalesMarket cap ÷ Revenue | 0.67x | 1.93x |
| Price / BookPrice ÷ Book value/share | 1.73x | 4.02x |
| Price / FCFMarket cap ÷ FCF | 20.77x | 69.87x |
Profitability & Efficiency
WS leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
STLD delivers a 15.3% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $9 for WS. WS carries lower financial leverage with a 0.19x debt-to-equity ratio, signaling a more conservative balance sheet compared to STLD's 0.47x. On the Piotroski fundamental quality scale (0–9), WS scores 6/9 vs STLD's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.3% | +15.3% |
| ROA (TTM)Return on assets | +5.8% | +8.5% |
| ROICReturn on invested capital | +8.2% | +9.2% |
| ROCEReturn on capital employed | +11.4% | +10.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.19x | 0.47x |
| Net DebtTotal debt minus cash | $190M | $3.4B |
| Cash & Equiv.Liquid assets | $38M | $770M |
| Total DebtShort + long-term debt | $228M | $4.2B |
| Interest CoverageEBIT ÷ Interest expense | 22.24x | 20.39x |
Total Returns (Dividends Reinvested)
STLD leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in STLD five years ago would be worth $40,561 today (with dividends reinvested), compared to $17,328 for WS. Over the past 12 months, STLD leads with a +85.9% total return vs WS's +62.0%. The 3-year compound annual growth rate (CAGR) favors STLD at 36.2% vs WS's 20.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +19.6% | +37.7% |
| 1-Year ReturnPast 12 months | +62.0% | +85.9% |
| 3-Year ReturnCumulative with dividends | +73.3% | +152.9% |
| 5-Year ReturnCumulative with dividends | +73.3% | +305.6% |
| 10-Year ReturnCumulative with dividends | +73.3% | +918.7% |
| CAGR (3Y)Annualised 3-year return | +20.1% | +36.2% |
Risk & Volatility
STLD leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
STLD is the less volatile stock with a 1.32 beta — it tends to amplify market swings less than WS's 1.92 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. STLD currently trades 99.2% from its 52-week high vs WS's 85.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.92x | 1.32x |
| 52-Week HighHighest price in past year | $49.17 | $243.72 |
| 52-Week LowLowest price in past year | $24.23 | $119.89 |
| % of 52W HighCurrent price vs 52-week peak | +85.2% | +99.2% |
| RSI (14)Momentum oscillator 0–100 | 65.7 | 79.8 |
| Avg Volume (50D)Average daily shares traded | 299K | 1.1M |
Analyst Outlook
Evenly matched — WS and STLD each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates WS as "Buy" and STLD as "Buy". Consensus price targets imply -9.3% upside for WS (target: $38) vs -22.1% for STLD (target: $188). For income investors, WS offers the higher dividend yield at 1.54% vs STLD's 0.81%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $38.00 | $188.40 |
| # AnalystsCovering analysts | 1 | 27 |
| Dividend YieldAnnual dividend ÷ price | +1.5% | +0.8% |
| Dividend StreakConsecutive years of raises | 2 | 15 |
| Dividend / ShareAnnual DPS | $0.64 | $1.96 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +2.6% |
STLD leads in 3 of 6 categories (Income & Cash Flow, Total Returns). WS leads in 2 (Valuation Metrics, Profitability & Efficiency). 1 tied.
WS vs STLD: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is WS or STLD a better buy right now?
For growth investors, Steel Dynamics, Inc.
(STLD) is the stronger pick with 3. 6% revenue growth year-over-year, versus -9. 8% for Worthington Steel, Inc. (WS). Worthington Steel, Inc. (WS) offers the better valuation at 19. 1x trailing P/E (19. 5x forward), making it the more compelling value choice. Analysts rate Worthington Steel, Inc. (WS) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WS or STLD?
On trailing P/E, Worthington Steel, Inc.
(WS) is the cheapest at 19. 1x versus Steel Dynamics, Inc. at 30. 3x. On forward P/E, Steel Dynamics, Inc. is actually cheaper at 16. 2x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — WS or STLD?
Over the past 5 years, Steel Dynamics, Inc.
(STLD) delivered a total return of +305. 6%, compared to +73. 3% for Worthington Steel, Inc. (WS). Over 10 years, the gap is even starker: STLD returned +918. 7% versus WS's +73. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WS or STLD?
By beta (market sensitivity over 5 years), Steel Dynamics, Inc.
(STLD) is the lower-risk stock at 1. 32β versus Worthington Steel, Inc. 's 1. 92β — meaning WS is approximately 45% more volatile than STLD relative to the S&P 500. On balance sheet safety, Worthington Steel, Inc. (WS) carries a lower debt/equity ratio of 19% versus 47% for Steel Dynamics, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — WS or STLD?
By revenue growth (latest reported year), Steel Dynamics, Inc.
(STLD) is pulling ahead at 3. 6% versus -9. 8% for Worthington Steel, Inc. (WS). On earnings-per-share growth, the picture is similar: Steel Dynamics, Inc. grew EPS -18. 8% year-over-year, compared to -29. 6% for Worthington Steel, Inc.. Over a 3-year CAGR, STLD leads at -6. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WS or STLD?
Steel Dynamics, Inc.
(STLD) is the more profitable company, earning 6. 5% net margin versus 3. 6% for Worthington Steel, Inc. — meaning it keeps 6. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: STLD leads at 8. 1% versus 4. 8% for WS. At the gross margin level — before operating expenses — STLD leads at 13. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is WS or STLD more undervalued right now?
On forward earnings alone, Steel Dynamics, Inc.
(STLD) trades at 16. 2x forward P/E versus 19. 5x for Worthington Steel, Inc. — 3. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WS: -9. 3% to $38. 00.
08Which pays a better dividend — WS or STLD?
All stocks in this comparison pay dividends.
Worthington Steel, Inc. (WS) offers the highest yield at 1. 5%, versus 0. 8% for Steel Dynamics, Inc. (STLD).
09Is WS or STLD better for a retirement portfolio?
For long-horizon retirement investors, Steel Dynamics, Inc.
(STLD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 8% yield, +918. 7% 10Y return). Worthington Steel, Inc. (WS) carries a higher beta of 1. 92 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (STLD: +918. 7%, WS: +73. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between WS and STLD?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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