Worthington Enterprises Inc. (NYSE: WOR) is a designer and manufacturer of products aimed at elevating everyday life through its market-leading brands across two primary business segments: Building Products and Consumer Products. The company primarily operates in sectors such as cooking, heating, cooling, water solutions, and outdoor living, and it has maintained an emphasis on a people-first culture.

For the fourth quarter of fiscal 2025, Worthington Enterprises reported net sales of $317.9 million, a decrease of 0.3% from the previous year due to the deconsolidation of the former Sustainable Energy Solutions segment, which was offset by volume growth and contributions from the recently acquired Ragasco business. Earnings from continuing operations rose significantly to $3.6 million, marking a 111% increase compared to the $31.5 million loss reported in the same quarter last year. Adjusted earnings per share (EPS) from continuing operations improved to $1.06 from $0.74 year-over-year.

The company’s cash flow metrics showed positive trends as well, with operating cash flow increasing by 38% to $62.4 million and free cash flow rising 46% to $49.3 million. This growth in cash flow allowed the company to return capital to shareholders, including an increase in its quarterly dividend to $0.19 per share, a 12% rise compared to the previous quarter.

Gross profit for the quarter rose to $93.2 million, compared to $79 million in the prior year, leading to a gross margin of 29.3%, an increase of approximately 450 basis points year-over-year. Adjusted EBITDA from continuing operations reached $85.1 million, up 35% from $63.2 million in the fourth quarter of fiscal 2024, with an adjusted EBITDA margin of 26.8%, up from 19.8% year-over-year.

In terms of segment performance, the Consumer Products division generated net sales of $125.6 million, remaining relatively flat compared to $125.3 million in the prior year, but reported an increase in adjusted EBITDA to $20.8 million from $17 million last year. In contrast, the Building Products segment showed robust growth, with net sales rising to $192.3 million, up 25% from $154 million, driven by higher volume and contributions from the Ragasco acquisition.

Looking at the balance sheet, Worthington Enterprises closed the quarter with cash reserves of $250.1 million and $303 million in long-term funded debt, maintaining a low leverage ratio with a net debt to trailing adjusted EBITDA of less than 0.25 turns. The company is executing ongoing capital expenditures to modernize facilities, amounting to $13 million in the fourth quarter, with continued investments planned for fiscal 2026.

Overall, Worthington Enterprises continues to demonstrate solid financial performance, supported by effective cost management and strategic acquisitions, positioning the company for future growth while maintaining a balanced approach toward shareholder returns.