Worthington Steel reported cash from operations of $44.90M and free cash flow of $7.80M for the quarter ended May 2026, down 16.7% year over year. This cash flow statement covers 15 quarters of results from Nov 2022 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Net Income | -12.50M | 9.30M | 61.90M | 62.10M | -2.10M | 52.40M | 57.70M | 32.20M | 16.10M | 12.10M | 55.80M | 38.60M | 21.50M | 10.80M | -54.00M |
| Share-based CompensationStock Comp. | 2.50M | 2.70M | 2.90M | 2.80M | 3.30M | 2.20M | 2.00M | 2.40M | 2.90M | 7.40M | 4.00M | 0.40M | 2.10M | ||
| Deferred Taxes | -0.10M | -0.10M | -9.40M | -0.10M | -0.10M | -0.90M | 5.80M | -0.90M | -1.40M | -1.40M | -1.40M | 0.50M | -7.00M | -2.50M | |
| Asset Writedowns and ImpairmentWritedown | 1.00M | 2.30M | -1.50M | 1.40M | -0.20M | 7.40M | -0.10M | 0.60M | 1.50M | 112.20M | |||||
| Cash from OperationsCash from Ops. | 103.30M | 118.20M | 79.30M | -20.70M | 139.90M | 44.70M | 35.60M | 54.60M | 68.00M | 53.80M | 53.90M | -6.30M | 99.30M | 63.30M | 44.90M |
| Depreciation, Depletion & Amortization | |||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 17.80M | 17.00M | 17.20M | 16.90M | 16.40M | 15.90M | 16.10M | 16.20M | 1.20M | 1.20M | 16.90M | 20.30M | 1.10M | 1.10M | 20.60M |
| Change in Working Capital | |||||||||||||||
| Change in ReceivablesChange Receivables | -98.90M | -9.60M | 10.60M | 32.90M | -89.40M | 52.10M | 5.80M | -28.50M | -66.20M | 36.70M | 23.90M | 15.90M | -50.70M | 10.20M | 40.90M |
| Change in InventoryChange Inventory | -86.90M | -34.30M | 24.90M | 43.20M | -91.50M | 34.90M | -3.00M | -13.20M | -49.20M | -0.60M | 79.70M | 16.40M | -66.00M | 21.10M | -18.70M |
| Change in Account PayablesChange Payables | -84.40M | 14.60M | 37.20M | 3.60M | -53.50M | 45.50M | -22.30M | -25.50M | -74.10M | 40.70M | 74.70M | -46.70M | -46.90M | 60.40M | 15.80M |
| Change in Accured ExpensesChange Accured Exp. | 1.30M | -1.00M | 0.70M | -3.50M | 0.80M | 4.40M | 6.20M | -13.20M | -5.50M | 6.60M | 2.30M | -0.20M | -1.40M | 2.30M | 4.70M |
| Other Working Capital ChangesOther WC Changes | 2.40M | -19.30M | 4.00M | 18.10M | 1.90M | -15.30M | 21.90M | -3.10M | 8.60M | 4.00M | -6.30M | -15.30M | 17.00M | 5.20M | -16.80M |
| Investing Activities | |||||||||||||||
| Capital ExpendituresCapex | 14.50M | 10.80M | 9.10M | 17.30M | 18.90M | 22.40M | 44.80M | 21.50M | 34.80M | 28.60M | 45.50M | 29.40M | 24.70M | 30.00M | 37.10M |
| Sales of Property, Plant and EquipmentPP&E (Sale) | 23.20M | 0.10M | 0.40M | 1.10M | 0.20M | 1.40M | 15.20M | ||||||||
| Acquisitions | 1.60M | 1.30M | |||||||||||||
| Cash from Investing ActivitiesCash from Investing | 8.70M | -10.80M | -9.00M | -17.30M | -39.10M | -22.40M | -44.40M | -21.50M | -33.70M | -28.60M | -45.30M | -29.60M | -24.70M | -115.80M | -43.30M |
| Financing Activities | |||||||||||||||
| Cash from Financing ActivitiesCash from Financing | -107.70M | -105.80M | -70.30M | 32.70M | 86.20M | -175.90M | -11.80M | -37.30M | -18.30M | -13.90M | 21.00M | 21.00M | -62.90M | 52.90M | -8.00M |
| Dividend Payments | |||||||||||||||
| Dividends Paid - CommonDiv. Paid (Common) | 11.80M | 8.40M | 1.90M | 1.90M | 5.00M | 8.00M | 7.90M | 8.00M | 8.00M | 8.10M | 8.40M | 8.10M | 8.00M | ||
| Additional items | |||||||||||||||
| Exchange Rate EffectFX Effect | 0.30M | -0.20M | -0.20M | 1.00M | |||||||||||
| Change in Cash | 4.30M | 1.60M | -5.30M | 187.00M | -153.60M | -20.60M | -4.20M | 16.00M | 11.30M | 29.60M | -14.60M | 11.50M | 0.20M | -5.40M | |
| Free Cash FlowFCF | 88.80M | 107.40M | 70.20M | -38.00M | 121.00M | 22.30M | -9.20M | 33.10M | 33.20M | 25.20M | 8.40M | -35.70M | 74.60M | 33.30M | 7.80M |
| Net Cash FlowNCF | 4.30M | 1.60M | -5.30M | 187.00M | -153.60M | -20.60M | -4.20M | 16.00M | 11.30M | 29.60M | -14.90M | 11.70M | 0.40M | -6.40M |