Worthington Industries (NYSE:WOR) released fiscal-year 2005 earnings on June 22.
- Earnings per share for fiscal-year 2004 were affected by -$0.39 per share in special items.
Income Statement Highlights
(Amounts in thousands, except per share.)
| Avg. Est. | 2005 | 2004 | % Change | |
|---|---|---|---|---|
| Sales | $3,050,000 | $3,078,884 | $2,379,104 | +29.4% |
| Net Profit | -- | $179,412 | $86,752 | +106.8% |
| EPS | $2.15 | $2.03 | $1.00 | +103.0% |
Balance Sheet Highlights
| Assets | 2005 | 2004 | % Change |
|---|---|---|---|
| Cash+ ST Inv | $57,249 | $1,977 | +2,795.8% |
| Inventory | $425,723 | $362,906 | +17.3% |
| Accounts Rec. | $404,506 | $348,833 | +16.0% |
| Liabilities | |||
| LT Debt | $245,000 | $288,422 | -15.1% |
| Accounts Pay. | $280,181 | $313,909 | -10.7% |
Margin Checkup
| 2005 | 2004 | % Change | |
|---|---|---|---|
| Gross Margin | 16.20% | 15.78% | +0.43% |
| Operating Margin | 8.68% | 4.63% | +4.05% |
| Net Margin | 5.83% | 3.65% | +2.18% |
Cash Flow Highlights
| 2005 | 2004 | % Change | |
|---|---|---|---|
| Cash From Operations | $32,271 | $79,367 | -59.3% |
| Capital Expenditures | $111,437 | $29,599 | +276.5% |
| Free Cash Flow | $(79,166) | $49,768 | n/a |
Related companies: AK Steel Holding (NYSE:AKS), Gibraltar Industries (NASDAQ:ROCK), Steel Technologies (NASDAQ:STTX)
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At the time of publication, Seth Jayson had no positions in any company mentioned. Fool rules are here.
