Worthington Steel Inc
NYSE:WS
Gross Margin
Worthington Steel Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
W
|
Worthington Steel Inc
NYSE:WS
|
1.3B USD |
12%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
108.8B Zac |
85%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
246.3B BRL |
36%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
49.8B AUD |
44%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
28.8B EUR |
44%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.6T INR |
31%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
29.9B USD |
13%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
23B EUR |
0%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.6T JPY |
16%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
1.9T INR |
56%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
163.6B CNY |
5%
|
Worthington Steel Inc
Glance View
In the bustling industrial landscape, Worthington Steel Inc. stands out as a pivotal player in the niche of steel processing and manufacturing. Founded on strong Midwestern values, this company has evolved from a small regional enterprise into a formidable entity in the global steel industry. At the heart of Worthington Steel's operations is its unmatched ability to transform raw steel into high-quality, value-added products that meet the precise needs of its diverse clientele. From automotive and energy to consumer goods and construction, its steel products are woven into the very fabric of countless industries, fueling development and innovation across the board. Their process involves acquiring raw steel, which is then meticulously processed using state-of-the-art technologies to cut, shape, and finish steel components that live up to the demands of modern engineering marvels. Worthington Steel thrives on a business model that capitalizes on both its expansive production capabilities and a nuanced understanding of customer needs. By maintaining robust relationships with equipment manufacturers, suppliers, and logistics networks, the company ensures a seamless and efficient supply chain, minimizing hiccups that can derail project timelines. Central to its profitability is a keen focus on operational efficiency and cost management, while its strategic investments in research and development keep them at the forefront of technological advancement. Additionally, a commitment to sustainable practices reflects a growing awareness of environmental responsibility, appealing to a market increasingly conscious of ecological impacts. In essence, Worthington Steel doesn't just produce steel; it crafts the backbone upon which modern infrastructure and innovation stand.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Worthington Steel Inc's most recent financial statements, the company has Gross Margin of 12.4%.
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