HIGHBuilt-inProduct / Revenue mix
57%
Building Products
“10-K Item 1: 'In fiscal 2025, Building Products generated approximately 57% of our consolidated net sales, compared to 50% and 51% in fiscal 2024 and 2023, respectively.'”
WOR · Concentration risk · 10-K extracted
Worthington Enterprises (WOR) concentration risks
Updated
The most significant concentration Worthington Enterprises discloses is Building Products at 57%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Worthington Enterprises’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM1
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
Worthington Steel
“10-K Item 1: 'We purchase steel in large quantities at regular intervals from Worthington Steel through the Steel Supply Agreement.'”
LOWBuilt-inGeographic
17%
international operations
“10-K Item 1: 'International operations accounted for approximately 17% of consolidated net sales in fiscal 2025, primarily to customers in Europe.'”
LOWOutside partyCustomer
12%
one retail customer
“10-K Item 1: 'Sales to one retail customer accounted for 12% of our consolidated net sales in fiscal 2025.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-09-06Worthington Enterprises' concentration picture spans product mix, a related-party supplier, geography, and a single retail customer. Building Products generated approximately 57% of consolidated net sales in fiscal 2025, up from 50% and 51% in the two prior years — a high-share, structural concentration reflecting the growing weight of that segment within the overall business. On the supply side, the company purchases steel in large quantities at regular intervals from Worthington Steel under a Steel Supply Agreement, a medium-share dependency on a single named counterparty for a key input. Geographically, international operations accounted for approximately 17% of consolidated net sales in fiscal 2025, primarily to customers in Europe — a low-share structural exposure that keeps the bulk of the business domestic. Customer concentration is similarly contained: sales to one retail customer accounted for 12% of consolidated net sales in fiscal 2025, a low-share dependency on a single named buyer. Netting these out, the Building Products mix shift is the exposure most likely to move the verdict given its size and upward trend, while the Worthington Steel supply relationship is the more idiosyncratic dependency; the international and single-customer exposures are comparatively contained.
For the engine’s reasoning on WOR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Metal Fabrication
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ESAB | ESAB Corporation | 2 | 0 | 1 | 3 |
| WOR● | Worthington Enterprises, Inc. | 1 | 1 | 2 | 4 |
| ATI | ATI Inc. | 1 | 1 | 0 | 2 |
| CMC | Commercial Metals Company | 0 | 0 | 0 | 0 |
| CRS | Carpenter Technology Corporatio | 0 | 0 | 0 | 0 |
| GPGI | GPGI, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.