Worthington Steel, Inc. (WS)
Worthington Steel, Inc. (WS)
| Cash Flow | 2026-02-28 | 2025-08-31 |
|---|---|---|
| Net earnings | 32,300 | 38,600 |
| Depreciation and amortization | 43,300 | 20,300 |
| Impairment of assets | 2,100 | NaN |
| Benefit from deferred income taxes | -6,500 | -1,400 |
| Bad debt expense | 700 | -100 |
| Equity in net income of unconsolidated affiliate, net of distributions | -13,200 | 6,400 |
| Net gain on sale of assets | 4,500 | 800 |
| Stock-based compensation | 4,400 | 7,400 |
| Receivables | -40,500 | 15,900 |
| Inventories | -44,900 | 16,400 |
| Accounts payable | 13,500 | -46,700 |
| Accrued compensation and employee benefits | 900 | -200 |
| Other operating items, net | 22,200 | -15,300 |
| Net cash provided by operating activities | 162,600 | -6,300 |
| Investment in property, plant and equipment | 54,700 | 29,400 |
| Acquisitions, net of cash acquired | 0 | 1,600 |
| Proceeds from sale of assets, net of selling costs | 15,200 | 1,400 |
| Purchases of equity securities | 101,400 | NaN |
| Other investing activities | -400 | NaN |
| Net cash used in investing activities | -140,500 | -29,600 |
| Proceeds from (repayments of) short-term borrowings, net | 20,000 | 15,000 |
| Proceeds from revolving credit facility borrowings - swing loans | 729,300 | 437,400 |
| Repayments of revolving credit facility borrowings - swing loans | 716,600 | 441,600 |
| Proceeds from long-term debt, net of issuance costs | 800 | 22,600 |
| Principal payments on long-term debt | 20,300 | 2,700 |
| Payments for issuance of common shares, net of tax withholdings | NaN | 1,600 |
| Payments of tax withholdings, net of proceeds from issuance of common shares | 6,000 | NaN |
| Payments to noncontrolling interests | 0 | 0 |
| Dividends paid | 16,500 | 8,100 |
| Payments of debt issuance costs | 2,300 | NaN |
| Net cash provided by (used in) financing activities | -10,000 | 21,000 |
| Effects of exchange rate changes on cash, cash equivalents, and restricted cash | -400 | 300 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 11,700 | -14,600 |
| Cash, cash equivalents, and restricted cash at beginning of period | 78,300 | 92,900 |
| Cash, cash equivalents, and restricted cash at end of period | 90,000 | 78,300 |