Worthington Enterprises, Inc. (WOR) Earnings Call Transcripts
Worthington Enterprises, Inc.'s Latest Earnings Call - May 13, 2026
In the earnings call for the quarter ending May 13, 2026, Worley Limited (WOR:AU) reported a challenging outlook due to ongoing geopolitical tensions, particularly in the Middle East, which have delayed project timelines. Revenue guidance for FY '26 has been adjusted, with management stating that growth in underlying EBITDA is now unlikely. However, the company maintains a robust backlog of $16.9 billion and continues to target higher aggregated revenue growth than FY '25. Management reiterated their commitment to a disciplined approach to execution and capital allocation, emphasizing their ambition for double-digit underlying EBITDA CAGR by FY '30.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | null (null) |
| Underlying EBITDA Margin | 9% to 9.5% (inline) |
| Backlog | $16.9B (positive) |
| Opportunity Pipeline | up 2% (positive) |
| Annualized Savings Target | $100M (positive) |
| EPS Growth Ambition | double-digit CAGR (positive) |
Guidance from management
Management reiterated their FY '30 ambition for double-digit underlying EBITDA CAGR but acknowledged that achieving growth in FY '26 is now unlikely due to geopolitical tensions affecting project timelines.
What management said
Great. And [indiscernible], the current conflict has brought a lot more attention to traditional oil and gas. Can you tell us how we're supporting our customers in that traditional oil and gas space?
And at last year's investor day, we announced the reorganization of our business into global operations and global major projects and programs. Can you tell us how that's positioned, will be better to win and gain market share?
What analysts pressed on
Analysts expressed concerns regarding the impact of the Middle East conflict on project timelines and overall growth. There were questions about how many large projects Worley can manage simultaneously and the potential need for M&A to achieve growth targets.
Main topics on the call
- Middle East Operations and Safety — Management emphasized the safety of their workforce in the Middle East, stating, "I'm pleased to report that our workforce of over 4,000 people plus 3,000 family members in the region are safe. There's been no reported i...
- Revenue Guidance Adjustment — Worley management indicated that due to the extended conflict in the Middle East, it is now "unlikely Worley will achieve growth in underlying EBITDA in FY '26." This marks a significant change from previous expectations...
- Strong Backlog and Pipeline — The company reported a backlog of $16.9 billion, with management noting that "no projects have been canceled as a result of the conflict in the Middle East." This indicates resilience in their project pipeline despite ex...
- Strategic Growth Drivers — Management outlined three key growth drivers: capital flowing into energy and resources, scaling full project delivery using AI, and selective expansion into future markets. They stated, "We're well positioned to be at t...
Read the full Worthington Enterprises, Inc. transcript (May 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Worthington Enterprises, Inc.
Worthington Enterprises, Inc. (WOR) is a publicly listed company in the Machinery industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 56 calls on record spanning February 23, 2020 to September 23, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 56 Worthington Enterprises, Inc. earnings call transcripts on record, spanning February 23, 2020 to September 23, 2026. Based on this history, Worthington Enterprises, Inc. reports quarterly. The most recent call on file is dated September 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- WOR
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Machinery
- Calls on record
- 56
- First call
- February 23, 2020
- Most recent
- September 23, 2026
- Reporting cadence
- quarterly