Financial Performance - Worthington Enterprises reported net cash provided by operating activities of $62.414 million in Q4 2025, an increase from $57.131 million in Q3 2025[10]. - The adjusted EBITDA from continuing operations for Q4 2025 was $85.060 million, compared to $73.779 million in Q3 2025, reflecting a significant increase of 15.4%[10]. - Worthington Enterprises' TTM adjusted EBITDA from continuing operations was reported at $263.489 million, providing a solid basis for future growth initiatives[11]. - Worthington Enterprises experienced an impairment of long-lived assets amounting to $50.813 million in Q4 2025, impacting overall financial performance[10]. - The company noted changes in assets and liabilities, with a net impact of $4.151 million in Q4 2025, indicating fluctuations in operational efficiency[10]. Debt Management - The company's net debt as of May 31, 2025, was $52.793 million, with a net debt to TTM adjusted EBITDA ratio of 0.20, indicating strong leverage management[11]. Executive Retention and Shareholder Alignment - The total shareholder return performance condition for the new leadership retention performance share award is set to exceed a threshold level over a three-year period starting June 30, 2025[13]. - The company plans to maintain its focus on executive retention and shareholder alignment through the 2024 Long-Term Incentive Plan, which includes performance shares for key executives[12]. Strategic Initiatives - Worthington Enterprises aims to enhance its market position through strategic initiatives, including potential acquisitions and product development[6]. - The financial results and outlook were discussed in a conference call held on June 25, 2025, providing insights into the company's performance and future strategies[6].
Worthington Industries(WOR_V) - 2025 Q4 - Annual Results