Opening its yearly report…Finding every part…Pulling out what matters…
WS yearly report (10-K), explained · candor
WS
WSWorthington Steel, Inc.
The yearly report (10-K), explained
Once a year, every US-listed company files a full report with the SEC called the 10-K. It's longer and more detailed than the glossy annual report sent to shareholders, and its figures are checked by an independent auditor. Here is Worthington Steel's latest one, part by part: what each part is, why people read it, and what it says. Filed Jul 30, 2026, covering the period to May 31, 2026.
At a glance
AuditorKPMG LLPAuditor's opinionClean: the statements are fairly presentedCan it keep going?No going-concern warningMoney controlsManagement says they workedPeople working thereAbout 5,400Risks it lists2
Found by candor in the report's own text. Green means the usual, reassuring wording was found; amber means read that part.
Where the pages go
About 155 pages, roughly 8 hours to read in full
Point at or tap a block to see which part it is. The longest parts are usually the risks, the managers' discussion and the financial statements.
What its 2 listed risks are about
Each risk heading sorted by the words it uses. Open “What could go wrong” below to read them all.
World events and climate2
Every part, explained
The notes behind the numbers
The statements only show totals. The 26 notes explain each one: how Worthington Steel counts sales, what it owes and when, its tax bill, its leases, its business segments and more. Open a note to read it and see its tables.
Filed with the SEC on Jul 30, 2026, for the period ending May 31, 2026. Open the original report. Plain-English names and explanations are candor's; anything in quotation marks is Worthington Steel's own words.