Russel Metals Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	168.8	161	266.7	371.9	432.2
Depreciation & Amortization	93.5	76.7	68	66.1	57.9
Stock-Based Compensation	-	-	-	0.2	0.2
Other Adjustments	21.8	3.5	-19.3	-96.4	72
Change in Receivables	-23.4	75.2	39.3	62.4	-160.8
Changes in Inventories	-86.6	78.7	111.9	45	-337.6
Changes in Accounts Payable	29.5	-50	-14.5	-83.8	253.9
Changes in Other Operating Activities	-4.1	-1.2	9.6	-5.5	-13.3
Operating Cash Flow	199.5	343.9	461.7	359.9	304.5
Operating Cash Flow Growth	-41.99%	-25.51%	28.29%	18.19%	-17.93%
Capital Expenditures	-74.4	-90.2	-72.7	-41.5	-28.8
Sale of Property, Plant & Equipment	3.9	1.3	1.2	3.2	1.1
Payments for Business Acquisitions	-130	-328.8	-7.5	-	-156.6
Proceeds from Business Divestments	-	-	60	9.7	77.1
Other Investing Activities	-	-	13.7	22.1	-
Investing Cash Flow	-200.5	-417.7	-5.3	-6.5	-107.2
Net Short-Term Debt Issued (Repaid)	-13.4	13.4	-	-	-
Long-Term Debt Issued	300	-300	-	-	-
Net Long-Term Debt Issued (Repaid)	300	-300	-	-	-
Issuance of Common Stock	0.3	1.9	11.8	0.3	21
Repurchase of Common Stock	-87.3	-133.6	-81.5	-27.9	-
Net Common Stock Issued (Repurchased)	-87	-131.7	-69.7	-27.6	21
Common Dividends Paid	-95.9	-97.6	-97.2	-95.6	-95.4
Other Financing Activities	-25.5	-22	-18	-15.9	-19.1
Financing Cash Flow	78.2	-537.9	-184.9	-139.1	-93.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-8.2	28.1	-5.3	15.6	3
Net Cash Flow	69	-583.6	266.2	229.9	106.8
Free Cash Flow	125.1	253.7	389	318.4	275.7
Free Cash Flow Growth	-50.69%	-34.78%	22.17%	15.49%	-20.34%
FCF Margin	2.70%	5.95%	8.63%	6.28%	6.55%
Free Cash Flow Per Share	2.23	4.31	6.32	5.06	4.39
Levered Free Cash Flow	413.3	-111.6	369	352.2	364.3
Unlevered Free Cash Flow	142.71	180.79	375.81	371.5	383.67

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.