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 StatementCash Flow | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Net Income | -12.50M | 9.30M | 71.60M | 62.10M | -2.10M | 52.40M | 57.70M | 32.20M | 16.10M | 12.10M | 58.90M | 38.60M | 21.50M | 10.80M | -83.80M |
| Depreciation, Depletion & Amortization | |||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 17.80M | 17.00M | 17.20M | 16.90M | 16.40M | 15.90M | 16.10M | 16.20M | 16.30M | 16.60M | 16.90M | 20.30M | 21.70M | 21.60M | 20.60M |
| Share-based CompensationStock Comp. | 2.50M | 2.70M | 2.90M | 2.80M | 3.30M | 2.20M | 2.00M | 2.40M | 2.90M | 2.80M | 2.90M | 7.40M | 4.00M | 0.40M | 2.10M |
| Deferred Taxes | -0.10M | -0.10M | -9.40M | -0.10M | -0.10M | -0.90M | 2.20M | -0.90M | -1.40M | -0.80M | -1.40M | 0.50M | -7.00M | -2.50M | |
| Gains from Equity InvestmentsGains Equity | 1.90M | -10.20M | 1.70M | 9.00M | 3.80M | 2.90M | 4.70M | 1.30M | -5.90M | -7.80M | 4.00M | 6.40M | 0.80M | -14.00M | 3.60M |
| Gains from Sales and DivestituresGains Divest | 3.80M | -0.50M | 0.40M | -1.40M | -0.10M | 1.30M | -0.10M | -0.40M | 0.80M | -0.10M | 4.60M | -0.60M | |||
| Asset Writedowns and ImpairmentWritedown | 1.80M | 1.40M | 7.40M | 0.60M | 1.50M | 112.20M | |||||||||
| Other non-cash itemsOther Non-Cash | 1.00M | 2.30M | -2.00M | -0.70M | 0.30M | -0.20M | 1.70M | -0.20M | 2.30M | -0.20M | -0.10M | -0.10M | 0.30M | 0.40M | 0.20M |
| 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 |
| 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 |
| 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 | ||||||||
| Change in Property, Plant and EquipmentChange in PP&E | 8.70M | -10.80M | -9.00M | -17.30M | -18.90M | -22.40M | -44.40M | -21.50M | -33.70M | -28.60M | -45.30M | -28.00M | -24.70M | -14.80M | -37.10M |
| Acquisitions | 1.60M | 1.30M | |||||||||||||
| Net of Acquisitions & DivestmentsNet Acquisitions | -1.60M | -1.30M | |||||||||||||
| Purchase of InvestmentsInvestments Purchased | 4.80M | ||||||||||||||
| Other Investing ActivitiesOther investing | -0.10M | ||||||||||||||
| 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 | |||||||||||||||
| Debt Issuance and Repayment | |||||||||||||||
| Long-Term Debt IssuancesLT Debt Issuance | 142.60M | 123.50M | 146.60M | 77.20M | 115.90M | 171.30M | 460.00M | 409.00M | 321.10M | 470.00M | |||||
| Long-Term Debt RepaymentsLT Debt Repayment | 10.00M | 5.00M | 2.70M | 2.50M | 17.80M | -0.60M | |||||||||
| Non-Current Debt | -10.00M | -5.00M | 142.60M | 123.50M | 146.60M | 77.20M | 115.90M | 171.30M | 457.30M | 406.50M | 303.30M | 470.60M | |||
| Short-Term Debt repaymentsST Debt Repayment | 2.80M | 15.00M | 10.00M | ||||||||||||
| Current Debt | -10.60M | -1.30M | -0.80M | -2.80M | -45.00M | -15.00M | -10.00M | 5.00M | 35.00M | 15.00M | -10.00M | ||||
| Net Debt Issuances and RepaymentsNet Debt Issuance | -20.60M | -6.30M | -0.80M | -2.80M | 97.60M | 123.50M | 131.60M | 67.20M | 120.90M | 206.30M | 472.30M | 406.50M | 303.30M | 460.60M | |
| Dividend Payments | |||||||||||||||
| Dividends Paid - CommonDiv. Paid (Common) | 7.90M | 8.00M | 7.90M | 8.00M | 8.00M | 8.10M | 8.40M | 8.10M | 8.00M | ||||||
| Dividends Paid - Common and PrefferdDiv Paid (Total) | 7.90M | 8.00M | 7.90M | 8.00M | 8.00M | 8.10M | 8.40M | 8.10M | 8.00M | ||||||
| Other financing activitiesOther financing | -11.80M | -8.40M | -1.90M | -1.90M | -5.00M | -3.50M | -1.50M | -4.80M | -7.20M | -1.60M | 1.60M | -8.30M | -2.10M | ||
| 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 |
| 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 | |
| Ending Cash Balance | 31.10M | 32.70M | 32.70M | 27.40M | 214.40M | 60.80M | 40.20M | 36.00M | 52.00M | 63.30M | 92.90M | 78.30M | 89.80M | 90.00M | 84.60M |
| 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 |
Pull Worthington Steel's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=WS&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "WS", "statement": "CF", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=WS&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();