HIGHBuilt-inProduct / Revenue mix
57%
Building Products segment
“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 segment 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
MEDIUM2
LOW1
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).
MEDIUMBuilt-inProduct / Revenue mix
43%
Consumer Products segment
“10-K Item 1: 'In fiscal 2025, Consumer Products generated approximately 43% of our consolidated net sales, compared to 40% and 39% in fiscal 2024 and fiscal 2023, respectively.'”
MEDIUMOutside partyCustomer
28%
largest customer (Consumer Products)
“10-K Item 1: 'Approximately 28% of fiscal 2025 Consumer Products net sales was attributable to our largest customer.'”
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 2026-08-23Worthington Enterprises' concentration profile is defined primarily by its two-segment structure rather than by any single counterparty. Building Products generated approximately 57% of consolidated net sales in fiscal 2025, up from 50% and 51% in fiscal 2024 and fiscal 2023, respectively — a high-share, structural exposure that has been growing as a share of the business. Consumer Products, the complementary segment, contributed approximately 43% of net sales in fiscal 2025, versus 40% and 39% in the two prior years — a medium-share, likewise structural piece of the mix. Layered within Consumer Products is customer-level dependency: the largest customer accounted for approximately 28% of fiscal 2025 Consumer Products net sales, a medium-share dependency, while a separate retail customer represented 12% of total consolidated net sales, a low-share dependency. The segment mix is the larger structural story — Building Products' rising share means more of Worthington's results now hinge on that segment's cycle — while the customer concentrations sit beneath it as more idiosyncratic, counterparty-specific risks that are smaller in scale but still worth monitoring, particularly the 28% reliance on one customer within Consumer Products.
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 | 2 | 1 | 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.