Worthington Industries

What Worthington Industries does

Worthington Enterprises (NYSE: WOR) is a publicly traded diversified metal manufacturing company founded in 1955 and headquartered in Columbus, Ohio. Following the December 2023 tax-free spinoff of its Steel Processing business into Worthington Steel (NYSE: WS), the company operates two primary business units: Building Products and Consumer Products. Building Products delivers market-leading solutions for commercial and residential construction, including metal roofing systems, standing seam metal roof clips (from the January 2026 LSI Group acquisition for approximately $205 million), building envelope products, and ASME-certified pressure vessels for industrial applications. Consumer Products encompasses tools, outdoor living, and celebrations categories distributed through retail partners to consumer brands.

The company's underlying technology centers on precision metal manufacturing and fabrication, including precision motor and transformer laminations (from the December 2021 Tempel Steel acquisition for $295 million), engineered assemblies, pressure vessels for hydrogen storage and data center liquid cooling, and fabricated metal products. Manufacturing facilities operate globally, with Tempel Steel providing a multi-country footprint for precision laminations used in motors and transformers.

Worthington generates revenue through B2B hardware sales via an enterprise field sales motion targeting commercial contractors, residential builders, retail brands, and industrial customers. Pricing is quote-based for custom industrial products and not publicly disclosed. The customer base spans commercial construction, residential construction, consumer goods, and increasingly data center infrastructure, where demand for ASME water tanks for liquid cooling reportedly tripled in 2026. Recent acquisitions including Tempel Steel, LSI Group, and Elgen are described as contributing high-margin revenue streams and targeting secular growth sectors. FY2026 full-year sales reached $1.4 billion with 20% year-over-year growth and record free cash flow of $170 million.

Name

Worthington Industries

Legal name

Worthington Enterprises, Inc.

Website

https://worthingtonindustries.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Worthington Enterprises is a diversified metal manufacturer serving construction, consumer products, and sustainable energy markets. Following its 2023 spinoff, the company operates Building Products and Consumer Products segments, with growing exposure to data center cooling and hydrogen storage.

Ownership category

akta.pro rank

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Building Products: Market-leading solutions for commercial and residential construction including metal roofing, water tanks, and building envelope products. Revenue generated through direct sales to contractors and builders.
2. Consumer Products: Innovative consumer products including tools, outdoor living, and celebrations categories sold through retail channels to consumer brands.
3. Sustainable Energy Solutions: Pressure vessels and storage solutions for clean energy applications including hydrogen and natural gas storage.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Worthington Enterprises is a diversified metals manufacturer that designs, fabricates and sells building products (metal roofing components, standing seam clips, water tanks, building envelope solutions), consumer products (tools, outdoor living and celebrations categories) and sustainable energy solutions (pressure vessels for hydrogen, natural gas and data center liquid cooling). Through its subsidiaries Tempel Steel and LSI Group, the company also produces precision motor and transformer laminations and engineered assemblies for industrial customers worldwide.

Product overview

Worthington Enterprises operates as a market-leading acquirer, designer and manufacturer of innovative building products, consumer products and sustainable energy solutions. The company operates with two primary business units: Building Products and Consumer Products. Building Products delivers market-leading solutions for commercial and residential construction, including standing seam metal roof clips (from LSI Group acquisition), ASME water tanks for data center liquid cooling, and metal roofing systems. Consumer Products encompasses tools, outdoor living, and celebrations categories. The company also manufactures pressure vessels, engineered assemblies, and fabricated metal products. Through the December 2021 acquisition of Tempel Steel Company ($295 million), Worthington produces precision motor and transformer laminations globally.

Differentiator

Problem solved

Functional benefit

Brands

• Worthington Steel: Market-leading steel processor and producer of electrical steel laminations and automotive lightweighting products; separate publicly traded company (NYSE: WS) created from the December 2023 spinoff.

Products and services

• Standing Seam Metal Roof Clips Metal roof clips manufactured by LSI Group, designed for standing seam commercial metal roofing applications and building envelope solutions.
• ASME Water Tanks for Data Center Liquid Cooling ASME-certified pressure vessels engineered for data center liquid cooling applications, including AI and high-performance computing infrastructure. Demand reportedly tripled in 2026.
• Tempel Steel Precision Laminations Precision motor and transformer laminations manufactured by Tempel Steel Company, with production facilities in multiple countries. Used by OEMs in motors and transformers requiring accuracy-critical components.
• Pressure Vessels Engineered pressure vessels for industrial applications including hydrogen storage, natural gas storage and cooling systems.
• Engineered Assemblies Custom engineered assemblies and fabricated metal products for industrial customers across multiple sectors.
• Consumer Tools Branded and OEM consumer tools manufactured for retail partners and consumer brands, including products acquired through the Level5 Tools (June 2022) and General Tools & Instruments (February 2021) acquisitions.
• Outdoor Living Products Outdoor living category products such as composite propane cylinders and related consumer offerings, distributed through retail and channel partners.
• Celebrations Products Celebrations category consumer products, including helium tanks and related party/celebration items, manufactured for retail distribution.

Quantifiable outcome

• 20% full-year sales growth to $1.4 billion
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• LSI Group, LLCcoreStrategic or Co-development Partner · 24 March 2026Worthington acquired LSI Group, a manufacturer of standing seam metal roof clips, for approximately $205 million in January 2026. This acquisition enhances Worthington's position in the building envelope sector, especially in the commercial metal roof market. It represents a logical strategic fit for the Building Products segment.
• Tempel Steel CompanycoreStrategic or Co-development Partner · 1 December 2021Acquired Tempel Steel Company for $295 million adjusted for liabilities. Tempel Steel is a manufacturer of precision motor and transformer laminations with facilities in multiple countries, expanding Worthington's precision manufacturing capabilities globally.
• HeiserTec Joint VentureminorStrategic or Co-development PartnerJoint venture partnership for specialized technology development as referenced on corporate website navigation.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mueller Industries: Mueller Industries is a diversified metals manufacturer producing copper, brass, aluminum and plastic products serving plumbing, HVAC, industrial and consumer end markets. Highly comparable to Worthington Enterprises given its diversified metals portfolio, similar scale (~$1B+ revenue) and mix of building products and industrial customers.
• Gibraltar Industries: Gibraltar Industries designs and manufactures building products including roofing, ventilation, eaves and structural support serving commercial and residential construction. Direct peer to Worthington's Building Products segment in metal roofing, building envelope and engineered assemblies.
• Quanex Building Products: Quanex manufactures engineered components for window, door, kitchen and bath, and fenestration markets serving residential and commercial construction. Direct peer given Worthington's building envelope and water tank product lines serving the same construction value chain.
• Simpson Manufacturing: Simpson Manufacturing produces engineered structural connectors, fasteners and building solutions for residential, commercial and industrial construction. Highly comparable to Worthington's LSI Group standing seam roof clips and engineered assemblies product lines.
• Worthington Steel: Worthington Steel (NYSE: WS) was spun off from Worthington Industries on December 1, 2023, and operates as an independent steel processor and electrical steel laminations manufacturer. Direct peer given shared corporate history and overlap in metals manufacturing capability, though now serving different end markets.
• Cornerstone Building Brands: Cornerstone Building Brands is one of the largest North American manufacturers of exterior building products including metal roofing, wall systems and accessories. Direct peer and primary competitor to Worthington's Building Products segment, particularly in commercial metal roofing.
• Trex Company: Trex Company manufactures wood-alternative composite decking, railing and outdoor living products sold through retail and contractor channels. Comparable to Worthington's Consumer Products outdoor living category and shares the same retail channel structure.
• Chart Industries: Chart Industries manufactures engineered equipment for cryogenic, hydrogen, and clean energy applications including storage and transport. Comparable to Worthington's pressure vessel and Sustainable Energy Solutions business targeting hydrogen and gas storage markets.

Broad incumbents

• Commercial Metals Company: Commercial Metals Company is a vertically integrated metals manufacturer with steelmaking, recycling and fabricated products operations. Broader incumbent comparable given scale and metals manufacturing focus, though CMC is significantly larger and more upstream-focused than Worthington Enterprises.
• Nucor: Nucor is the largest U.S. steel producer with diversified steel products and downstream joist, deck and building products operations. Broad incumbent comparable given metals manufacturing scale and overlap with Worthington Steel (the spun-off entity) on the upstream steel side.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@WorthingtonEnterprisesInc
• Facebookfacebook.com/WorthingtonEnterprisesInc
• LinkedInlinkedin.com/company/worthingtonenterprises
• Instagraminstagram.com/worthingtonenterprises
• Xx.com/WorthingtonInds

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A25 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Worthington Industries