In Q1 of fiscal 2027, the quarter ended Aug 31, 2026, Worthington Steel, Inc. used $6.0 million of cash from operations, up 4.8% from the same quarter a year earlier. It spent $63.0 million on capital expenditures. Free cash flow was negative, at -$69.0 million. The company returned $8.2 million in dividends to shareholders.
USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Aug 31, 2026
|
Q1 FY2027
Aug 31, 2026
|
Q4 FY2026
May 31, 2026
|
Q3 FY2026
Feb 28, 2026
|
Q2 FY2026
Nov 30, 2025
|
Q1 FY2026
Aug 31, 2025
|
Q4 FY2025
May 31, 2025
|
Q3 FY2025
Feb 28, 2025
|
Q2 FY2025
Nov 30, 2024
|
|---|---|---|---|---|---|---|---|---|---|
| Operating | |||||||||
| Depreciation and amortization |
92
+30.8%
|
28
+36.9%
|
21
+21.9%
|
22
+30.1%
|
22
+33.1%
|
20
+25.3%
|
17
+5.0%
|
17
+4.4%
|
16
|
| Operating cash flow |
—
|
-6
+4.8%
|
45
-16.7%
|
63
+17.7%
|
99
+46.0%
|
-6
-111.5%
|
54
+51.4%
|
54
+20.4%
|
68
|
| Investing | |||||||||
| Capital expenditures |
155
+11.9%
|
63
+114.3%
|
37
-18.5%
|
30
+4.9%
|
25
-29.0%
|
29
+36.7%
|
46
+1.6%
|
29
+27.7%
|
35
|
| Investing cash flow |
—
|
-587
-1882.4%
|
-43
+4.4%
|
-116
-304.9%
|
-25
+26.7%
|
-30
-37.7%
|
-45
-2.0%
|
-29
-27.7%
|
-34
|
| Financing | |||||||||
| Debt issued |
1,584
|
1,569
+6841.2%
|
15
+14600.0%
|
-0
-118.2%
|
1
|
23
|
0
|
2
|
—
|
| Debt repaid |
662
|
642
+23681.5%
|
1
|
18
|
2
|
3
|
—
|
—
|
—
|
| Short-term debt repaid |
—
|
—
|
—
|
—
|
35
|
—
|
—
|
—
|
—
|
| Dividends paid |
33
+2.2%
|
8
+1.2%
|
8
+0.0%
|
8
+1.2%
|
8
+6.3%
|
8
+1.2%
|
8
|
8
|
8
|
| Financing cash flow |
718
+7222.4%
|
736
+3402.9%
|
-8
-138.1%
|
53
+480.6%
|
-63
-243.7%
|
21
+156.3%
|
21
+278.0%
|
-14
+92.1%
|
-18
|
| Change in cash | |||||||||
| Effect of exchange rate |
0
|
-1
-300.0%
|
1
|
-0
|
-0
|
0
|
—
|
—
|
—
|
| Net change in cash |
170
+301.7%
|
164
+1220.5%
|
-5
-118.2%
|
0
-98.2%
|
12
-28.1%
|
-15
-247.6%
|
30
+243.7%
|
11
+107.4%
|
16
|
| Free cash flow |
—
|
-69
-93.3%
|
8
-7.1%
|
33
+32.1%
|
75
+124.7%
|
-36
-207.9%
|
8
+191.3%
|
25
+13.0%
|
33
|
| Per share | |||||||||
| Free cash flow per share |
—
|
-1.38
-95.6%
|
0.15
-8.2%
|
0.65
+31.1%
|
1.47
+124.3%
|
-0.71
-207.4%
|
0.17
+191.1%
|
0.50
+12.6%
|
0.66
|
| Dividend per share |
0.64
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
+0.0%
|
0.16
|
| Shareholder returns | |||||||||
| Returned to shareholders |
33
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
| Share of free cash flow |
—
|
—
|
102.56%
|
24.32%
|
11.26%
|
—
|
95.24%
|
31.75%
|
23.80%
|
| Ratios | |||||||||
| Free cash flow margin |
—
|
-2.53%
|
0.84%
|
4.33%
|
8.56%
|
-4.09%
|
1.01%
|
3.67%
|
4.49%
|
| Capital expenditures to revenue |
2.92%
|
2.31%
|
3.99%
|
3.90%
|
2.83%
|
3.37%
|
5.46%
|
4.16%
|
4.71%
|
| Cash conversion |
—
|
—
|
—
|
6.09x
|
5.28x
|
-0.17x
|
0.97x
|
3.90x
|
5.31x
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. The first column is the trailing twelve months through the latest quarter. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.
Company profile
- Industry
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (SIC 3310)
- Listed as
- WS (NYSE)
- Fiscal year ends
- May 31
- Incorporated in
- OH
- Headquarters
- Columbus, OH
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1968487
Other Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
- Gerdau S.A. GGB
- Worthington Enterprises, Inc. WOR
- Gibraltar Industries, Inc. ROCK
- National Steel Co SID
- Insteel Industries Inc IIIN
- Friedman Industries Inc FRD
All 7 Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.