Russel Metals Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	197.6	168.8	161	266.7	371.9	432.2
Depreciation & Amortization	96	93.5	76.7	68	66.1	57.9
Stock-Based Compensation	-	-	-	-	0.2	0.2
Other Adjustments	-24.1	21.8	3.5	-19.3	-96.4	72
Change in Receivables	-77.7	-23.4	75.2	39.3	62.4	-160.8
Changes in Inventories	6.8	-86.6	78.7	111.9	45	-337.6
Changes in Accounts Payable	36.9	29.5	-50	-14.5	-83.8	253.9
Changes in Other Operating Activities	3.5	-4.1	-1.2	9.6	-5.5	-13.3
Operating Cash Flow	239	199.5	343.9	461.7	359.9	304.5
Operating Cash Flow Growth	-26.48%	-41.99%	-25.51%	28.29%	18.19%	-17.93%
Capital Expenditures	-63.6	-74.4	-90.2	-72.7	-41.5	-28.8
Sale of Property, Plant & Equipment	42.3	3.9	1.3	1.2	3.2	1.1
Payments for Business Acquisitions	-130	-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	-151.3	-200.5	-417.7	-5.3	-6.5	-107.2
Short-Term Debt Issued	-	-13.4	13.4	-	-	-
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	-68.7	-87.3	-133.6	-81.5	-27.9	-
Net Common Stock Issued (Repurchased)	-68.7	-87	-131.7	-69.7	-27.6	21
Common Dividends Paid	-95.7	-95.9	-97.6	-97.2	-95.6	-95.4
Other Financing Activities	-25.5	-25.5	-22	-18	-15.9	-19.1
Financing Cash Flow	-189.9	78.2	-537.9	-184.9	-139.1	-93.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.1	-8.2	28.1	-5.3	15.6	3
Net Cash Flow	-102.1	69	-583.6	266.2	229.9	106.8
Free Cash Flow	175.4	125.1	253.7	389	318.4	275.7
Free Cash Flow Growth	40.21%	-50.69%	-34.78%	22.17%	15.49%	-20.34%
FCF Margin	3.59%	2.70%	5.95%	8.63%	6.28%	6.55%
Free Cash Flow Per Share	3.16	2.23	4.31	6.32	5.06	4.39
Levered Free Cash Flow	277.2	413.3	-111.6	369	352.2	364.3
Unlevered Free Cash Flow	295.28	142.71	180.79	375.81	371.5	383.67

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.