2
Segment Sales QTD Markets Served Steel Processing 58% Automotive, Agriculture, Appliance, Heavy Truck and Construction Pressure Cylinders 31% Retail, Industrial Gas, Alternative Fuels and Energy Engineered Cabs 7% Agriculture, Construction, Mining, Military and Forestry Worthington Industries Q1 2014 Investor Fact Sheet OUR COMPANY Three Primary Business Segments MARKETS SERVED Worthington Industries serves approximately 5,000 customers with no single customer greater than 10% of sales. Worthington Industries is a market leader in value- added steel processing, pressure cylinders and heavy equipment cab manufacturing. For fiscal 2013, the Company had $2.6 billion in annual sales and a market cap of $2.3 billion. Headquartered in Columbus, Ohio, Worthington Industries and its joint ventures have 82 facilities in 11 countries and 10,000 employees. Worthington Industries has frequently been named one of the Most Admired Companies in the metals industry by Fortune Magazine and has also been one of Fortune’s 100 Best Companies to Work For four times. Worthington’s Share of Joint Venture Earnings Joint ventures are strong contributors to the Company’s pre-tax income and cash flow. Market leading joint ventures are in acoustical grid ceilings, metal framing, laser welding and stamping. 2013 Investor Fact Sheet 2013 Investor Fact Sheet 2013 Investor Fact Sheet 29% 16% 12% 8% 8% 7% 5% Automotive Other Retail Construction Agriculture Industrial Energy/Oil&Gas Heavy Truck Alt Fuels $0 $20 $40 $60 $80 $100 $10 $30 $50 $70 $90 101 49 65 93 76 2009 2010 2011 2012 *2013 27 3M 2014 MILLIONS *Excludes Restructuring and Impairment Charges 13% 2%

Q413 IR Fact Sheet · (Millions) August 2013 August 2012 Total Assets $2,093.1 $1,805.5 Total Debt 469.2 459.6 Shareholders’ Equity 970.4 792.4 Debt/Capital 32.6% 36.7% FINANCIAL

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Page 1: Q413 IR Fact Sheet · (Millions) August 2013 August 2012 Total Assets $2,093.1 $1,805.5 Total Debt 469.2 459.6 Shareholders’ Equity 970.4 792.4 Debt/Capital 32.6% 36.7% FINANCIAL

Segment Sales QTD

Markets Served

Steel Processing 58% Automotive, Agriculture, Appliance, Heavy Truck and Construction

Pressure Cylinders 31% Retail, Industrial Gas, Alternative Fuels and Energy

Engineered Cabs 7% Agriculture, Construction, Mining, Military and Forestry

Worthington Industries Q1 2014 Investor Fact Sheet

OUR COMPANYThree Primary Business Segments

MARKETS SERVEDWorthington Industries serves approximately 5,000 customers with no single customer greater than 10% of sales.

Worthington Industries is a market leader in value-added steel processing, pressure cylinders and heavy equipment cab manufacturing. For fi scal 2013, the Company had $2.6 billion in annual sales and a market cap of $2.3 billion. Headquartered in Columbus, Ohio, Worthington Industries and its joint ventures have 82 facilities in 11 countries and 10,000 employees.

Worthington Industries has frequently been named one of the Most Admired Companies in the metals industry by Fortune Magazine and has also been one of Fortune’s 100 Best Companies to Work For four times.

Worthington’s Share of Joint Venture EarningsJoint ventures are strong contributors to the Company’s pre-tax income and cash fl ow. Market leading joint ventures are in acoustical grid ceilings, metal framing, laser welding and stamping.

2013 Investor Fact Sheet

2013 Investor Fact Sheet

2013 Investor Fact Sheet

29%

16%12%

8%

8%

7%

5% AutomotiveOtherRetailConstructionAgriculture IndustrialEnergy/Oil&GasHeavy TruckAlt Fuels

$0

$20

$40

$60

$80

$100

$10

$30

$50

$70

$90

101

49

65

93

76

2009 2010 2011 2012 *2013

27

3M 2014MILLIONS *Excludes Restructuring and Impairment Charges

13%

2%

Page 2: Q413 IR Fact Sheet · (Millions) August 2013 August 2012 Total Assets $2,093.1 $1,805.5 Total Debt 469.2 459.6 Shareholders’ Equity 970.4 792.4 Debt/Capital 32.6% 36.7% FINANCIAL

(Millions) August 2013 August 2012

Total Assets $2,093.1 $1,805.5Total Debt 469.2 459.6Shareholders’ Equity 970.4 792.4

Debt/Capital 32.6% 36.7%

FINANCIAL SUMMARYIn millions, except per share 1Q2014 4Q2013 1Q2013 YTD2014 YTD2013

Net Sales $692.3 $704.1 $666.0 $692.3 $666.0Operating income (loss) 38.6 33.5 33.4 38.6 33.4Equity Income 27.0 21.0 22.6 27.0 22.6Net Earnings 54.6 33.5 34.0 54.6 34.0Earnings Per Share $0.76 $0.46 $0.49 $0.76 $0.49

$-0.50

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2003 2004 2005 2006 2007 2008

2009

2010 2011 2012

$0.87

$1.49

$2.07

$1.50$1.31

$1.46

($0.02)

$0.88

$1.50$1.71

2013

$2.07

FISCAL 2004Record Level Steel Pricing

FISCAL 2013WI Achieves

Record Earnings Per ShareFISCAL 2007

CommodityBoom

FISCAL 2009U.S. Economic

Recession

NOTE: Fiscal years end May 31; from continuing operations; excludes special charges of $0.49 in 2004, $0.04 in 2005, $0.15 in 2008,$1.35 in 2009, $0.31 in 2010, $0.06 in 2012, $0.16 in 2013, $0.14 gain in 2006 and $0.03 gain in 2011.

Dividend Yield

2008 2010 2011 20122009

9

8

7

6

5

4

3

2

1

0

WOR

S&P 500

S&P Midcap 400

2013

GROWTH STRATEGyLeverage the Company’s core competency as a diversified metals manufacturing company.

GOAlS• Increase margins, free cash flow and

earnings consistency

• Acquire high-return, high value-added manufacturing businesses

• Excel at inventory management and customer satisfaction

• Maintain a strong capital base with

modest leverage and ample liquidity

RECENT HIGHlIGHTS• Acquired an additional 10% ownership

in TWB, the Company’s laser-welded blanks joint venture with ThyssenKrupp. As a result, 100% of TWB’s results are now consolidated with the Steel Processing business segment.

• Repurchased 880,500 shares for $30.5 million at an average price of $34.66, during the first fiscal quarter of 2014.

• Declared a quarterly dividend of $0.15 per common share on Sept. 25, 2013, paid Dec. 27, 2013 to shareholders of record Dec. 13, 2013.

Past performance does not guarantee future results. This fact sheet was designed to give a brief overview of Worthington

Industries, Inc. A complete description of the company, its operations and financial condition, including the company’s

consolidated financial statements can be obtained at WorthingtonIndustries.com.

Direct inquiries to Cathy M. Lyttle, Vice President–Corporate Communications and Investor Relations

614.438.3077 / [email protected]

WorthingtonIndustries.com

I N D U S T R I E SWORTHINGTON

PROFITABILITY AND STRONG DIVIDENDEarnings Per Share

FINANCIAL STRENGTHWith an investment grade credit rating of BBB/Baa3, Worthington Industries has the financial flexibility to capitalize on growth opportunities.

Worthington Industries Q1 2014 Investor Fact Sheet