Worthington Steel Cash Flow Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	-12.9	119.3	170.1	99.7	200.3
Depreciation & Amortization	84.2	66	65.3	69.6	59.5
Stock-Based Compensation	13.9	11	10.3	10.4	8.7
Other Adjustments	87.2	13.8	-15.8	-4.5	-25
Change in Receivables	-16.3	34.1	-1.4	113	-109.7
Changes in Inventories	47.2	-16.7	16.4	154.5	-50.7
Changes in Accounts Payable	-17.4	15.8	-26.7	-124.3	-14.9
Changes in Accrued Expenses	5.4	-9.8	7.9	-5.8	-12.3
Changes in Other Operating Activities	9.9	-3.2	-26.6	2.4	-16.4
Operating Cash Flow	201.2	230.3	199.5	315	39.5
Operating Cash Flow Growth	-12.64%	15.44%	-36.67%	697.47%	-74.11%
Capital Expenditures	-121.2	-130.4	-103.4	-45.5	-36.4
Sale of Property, Plant & Equipment	16.6	1.3	1.2	23.3	24.6
Purchases of Investments	-106.2	-	-	-	-
Payments for Business Acquisitions	-2.9	-	-21	-	-376.7
Other Investing Activities	0.3	-	-	-	-6.8
Investing Cash Flow	-213.4	-129.1	-123.2	-22.2	-395.3
Short-Term Debt Issued	1,622	523.7	393.3	-45.2	41.7
Short-Term Debt Repaid	-1,586	-522.5	-248.1	-	-
Net Short-Term Debt Issued (Repaid)	36.2	1.2	145.2	-45.2	41.7
Long-Term Debt Issued	38.1	2.3	-	-	50
Long-Term Debt Repaid	-22.4	-	-	-15	-15
Net Long-Term Debt Issued (Repaid)	15.7	2.3	-	-15	35
Issuance of Common Stock	-5.9	-3.1	0.3	-	316.9
Net Common Stock Issued (Repurchased)	-5.9	-3.1	0.3	-	316.9
Common Dividends Paid	-32.6	-31.9	-197.6	-199.8	-
Other Financing Activities	-10.4	-17	-8.8	-20.2	-35.2
Financing Cash Flow	3	-48.5	-68.8	-280.2	358.4
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.9	-	-	-	-
Net Cash Flow	-8.3	52.7	7.5	12.6	2.6
Free Cash Flow	80	99.9	96.1	269.5	3.1
Free Cash Flow Growth	-19.92%	3.95%	-64.34%	8593.55%	-97.50%
FCF Margin	2.32%	3.23%	2.80%	7.47%	0.08%
Free Cash Flow Per Share	1.57	1.98	1.93	5.47	0.06
Levered Free Cash Flow	68.5	35.9	232.8	77.8	185.9
Unlevered Free Cash Flow	10.64	40.11	85.93	144.09	107.28

SEC Filings: 10-K · 10-Q