What the changes say
- The Separation-specific risk was removed, suggesting the filing no longer highlights failure to realize its benefits.
- Economic cyclicality was narrowed from the company’s industries broadly to demand in portions of its end markets.
- Capital-market volatility is now described as occurring in periods, rather than as an ongoing condition.
What changed since the prior 10-K
Dropped
- DroppedRisks Related to the Separation and Our Relationship with Worthington Steel
The Separation may not achieve the anticipated benefits and may expose us to additional risk
Reworded
- 49% rewrittenGeneral Risks
General Economic or Industry Downturns and Weakness
Cyclical exposure was narrowed to demand in portions of end markets, and capital-market volatility was softened from significant ongoing disruption to periods of volatility.
All 13 risk factors
Headings as the filing states them, in filing order.
Risks Related to Our Business and Operations
- 01Economic or Industry Downturns and Weakness
- 02Raw Material Pricing and Availability
- 03Pandemics and Other Public Health Emergencies
- 04Joint Ventures and Investments
- 05Acquisitions and Equity Investments
- 06Capital Expenditures and Capital Resources
- 07Accounting and Tax-Related Estimates
- 08Difficult Financial Markets
- 09Information Regarding Future Performance
- 10Environmental, Health and Safety
Risks Related to the Separation and Our Relationship with Worthington Steel
- 11If the Distribution, together with certain related transactions, fails to qualify as a reorganization under Sections 355 and 368(a)(1)(D) of the Code, Worthington Enterprises and its shareholders could incur significant tax liabilities
General Risks
- 12General Economic or Industry Downturns and Weakness49% rewritten
- 13Legal, Regulatory, and Compliance
Other Worthington Enterprises 10-Ks
- FY2025 10-K risk factors14 risks
Concentration in consumer products and construction markets drives revenue volatility.
Filed Jul 30, 2025
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.