---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-072562"
form_type: "8-K"
ticker: "WOR"
cik: "0000108516"
company_name: "WORTHINGTON ENTERPRISES, INC."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:44:34.646622+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Worthington Enterprises Q2 pro forma EBITDA $280M; net debt-to-EBITDA 0.35 after Steel separation

## Summary
- Pro forma adjusted EBITDA of $280M on net sales of $1.325B for TTM ended Nov 30, 2023; 21% margin.
- Net debt to TTM adjusted EBITDA ratio of 0.35; free cash flow $102M in Q2 fiscal 2024.
- Separation of Worthington Steel completed Dec 1, 2023; historical results to be restated with Steel as discontinued ops.
- Consolidated TTM adjusted EBITDA (pre-Separation) was $556.5M; pro forma adjustments deduct Steel and shared costs.

## SEC filing metadata
- accession: 0000950170-23-072562
- form_type: 8-K
- ticker: WOR
- cik: 0000108516
- company_name: WORTHINGTON ENTERPRISES, INC.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108516/000095017023072562/0000950170-23-072562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108516/000095017023072562/wor-20231220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-072562
- JSON: https://secwatch.observer/filing/0000950170-23-072562.json
- Plain text: https://secwatch.observer/filing/0000950170-23-072562.txt

## Key facts
- Earnings Releases
  WORTHINGTON ENTERPRISES, INC. reported financial results for the second quarter of fiscal 2024 ended November 30, 2023.
  - Period: the second quarter of fiscal 2024 ended November 30, 2023
  - Result: reported results
  source text: Worthington Enterprises, Inc. (the “Registrant”) conducted a conference call on December 20, 2023, beginning at approximately 9:00 a.m., Eastern Time, to discuss the Registrant’s unaudited financial results for the second quarter of fiscal 2024 ended November 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108516/000095017023072562/0000950170-23-072562-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.