Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Worthington Steel (NYSE:WS) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
Worthington Steel's net income from continuing operations for the
three
months ended in May. 2026 was $-68 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
Worthington Steel's depreciation, depletion and amortization for the
three
months ended in May. 2026 was $21 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
Worthington Steel's change in working capital for the
three
months ended in May. 2026 was $14 Mil. It means Worthington Steel's working capital
increased by $14 Mil
from Feb. 2026 to May. 2026 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
Worthington Steel's cash flow from deferred tax for the
three
months ended in May. 2026 was $-0 Mil.
Worthington Steel's cash from discontinued operating Activities for the
three
months ended in May. 2026 was $0 Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
Worthington Steel's asset impairment charge for the
three
months ended in May. 2026 was $95 Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
Worthington Steel's stock based compensation for the
three
months ended in May. 2026 was $2 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
Worthington Steel's cash flow from others for the
three
months ended in May. 2026 was $-19 Mil.
Worthington Steel Cash Flow from Operations Related Terms
Worthington Steel Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for Worthington Steel's Cash Flow from Operations can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Worthington Steel Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Worthington Steel's Cash Flow from Operations for the fiscal year that ended in May. 2026 is calculated as:
Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $201 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Operations of $201 Mil mean?
Worthington Steel (WS) has a Cash Flow from Operations of $201 Mil as of May. 2026. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Worthington Steel and its competitors.
Is Worthington Steel's Cash Flow from Operations too high?
Worthington Steel's current Cash Flow from Operations is $201 Mil. Overall, Worthington Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Cash Flow from Operations compare to NWPX and MTUS?
Worthington Steel's Cash Flow from Operations of $201 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a Steel company?
A good Cash Flow from Operations depends on the Steel industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Worthington Steel and its competitors. Worthington Steel's current Cash Flow from Operations is $201 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $34.03, compared to a current price of $35.33 — trading 3.8% above its estimated fair value. The current Cash Flow from Operations is $201 Mil. Worthington Steel's overall GF Score™ is 53/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For Worthington Steel (WS), the current Cash Flow from Operations is $201 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Worthington Steel (WS) Overvalued in 2026?
Based on GuruFocus' analysis, Worthington Steel stock appears to be overvalued.
The current stock price of $35.33 is trading 3.8% above its estimated GF Value™ of $34.03.
GuruFocus considers Worthington Steel to be Fairly Valued.
Key valuation signals for WS:
Cash Flow from Operations: $201 Mil
GF Value™: $34.03 vs. price of $35.33 (3.8% above fair value)
No single metric tells the full story. See the WS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
53GF Score
Get the complete analysis for WS
Cash Flow from Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WS has been successfully added to your 
