Worthington Industries(WOR) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Consolidated net sales decreased by 8.1% year-over-year, primarily due to the SES deconsolidation [4] - Gross margin increased to 27.0% from 21.2% in the prior year quarter [4] - Adjusted EBITDA margin rose to 20.5% from 18.5% in the prior year quarter [4] - Free cash flow for Q2 was $34 million, with capital expenditure of $15 million, including $5 million for facility modernization projects [4] - The company repurchased 200 thousand shares of common stock during Q2 for $8 million, at an average purchase price of $40.40 [4] Segment Performance - Building Products adjusted EBITDA was $47 million with a 30.0% margin, compared to $46 million and 30.3% in the prior year quarter [4] - Consumer Products adjusted EBITDA was $15 million with a 13.3% margin, improving from $13 million and 10.7% in the prior year quarter [4] Key Figures (TTM as of Q2 FY25) - Building Products net sales were $599 million with adjusted EBITDA of $192 million and adjusted EBITDA margin of 32% [12] - Consumer Products net sales were $493 million with adjusted EBITDA of $76 million and adjusted EBITDA margin of 15% [31] - Worthington Enterprises net sales were $1.2 billion with adjusted EBITDA of $235 million and adjusted EBITDA margin of 20% [69, 39]