Worthington Enterprises Q3 FY2024: TTM adjusted EBITDA $281.6M, free cash flow $40.1M

WORTHINGTON ENTERPRISES, INC.

2024-Q3 EPS reported $2.83 revenue$926,902,000

Net earnings from continuing ops (TTM) $116.3M; adjusted EBITDA $281.6M.
Pro forma adjusted EBITDA $279.1M (22% margin) reflecting separation of Worthington Steel.
Free cash flow of $40.1M in Q3; net debt to TTM adjusted EBITDA 0.25x.
Separation costs of $15.4M and pension settlement charge of $8.1M included in adjustments.
Results discuss outlook for post-separation business with low leverage and healthy cash generation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WORTHINGTON ENTERPRISES, INC. reported financial results for the three-month period ended February 29, 2024 (the Registrant’s fiscal 2024 third quarter).

Period: the three-month period ended February 29, 2024 (the Registrant’s fiscal 2024 third quarter)
Result: reported results

Exact text from the filing

Registrant’s news release issued on March 20, 2024 (the “Financial News Release”) reporting results for the three-month period ended February 29, 2024 (the Registrant’s fiscal 2024 third quarter)

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1362 earnings releases filed in the last 30 days. Browse all earnings releases →

WORTHINGTON ENTERPRISES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-035935

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