WORTHINGTON STEEL, INC.
Cash Flow Statement
| Line Item | Feb 2026 | Nov 2025 | Aug 2025 | Feb 2025 | Nov 2024 | Aug 2024 | Feb 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $10.4M | $18.8M | $36.8M | $13.8M | $12.8M | $28.4M | $49.0M | $-6.0M |
| Depreciation & Amortization | — | — | $20.3M | — | — | $16.2M | $15.9M | $16.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $63.3M | $99.3M | $-6.3M | $53.8M | $68.0M | $54.6M | $44.7M | $139.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $30.0M | $24.7M | $29.4M | $28.6M | $34.8M | $21.5M | $22.4M | $18.9M |
| Business Acquisitions | — | — | $1.6M | — | — | $0 | $0 | $21.0M |
| Net Cash from Investing Activities | — | — | $-29.6M | — | — | $-21.5M | $-22.4M | $-39.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $8.1M | — | — | $8.0M | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $21.0M | — | — | $-37.3M | $-175.9M | $86.2M |
| Net Change in Cash | — | — | $-14.6M | — | — | $-4.2M | $-153.6M | $187.0M |
| Free Cash Flow | $33.3M | $74.6M | $-35.7M | $25.2M | $33.2M | $33.1M | $22.3M | $121.0M |