Tree Island Steel Ltd.

TSL.TOTSXBasic Materials● Active

$2.33

$-0.01(-0.43%)

Market Cap$60290332

P/E Ratio—

52W High$3.11

52W Low$0.01

Avg Volume3K

Open$2.41

Beta0.42

Free Cash Flow Financials Revenue

Tree Island Steel Ltd. (TSL.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TSL.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

TSL.TO · FCF · TTM · margin & CAGR

Free cash flow was −$2.8M for FY2025 (fiscal year ending 2025-12-31), up 13.5% year-over-year The FCF margin was -1.6%.

FY2025 Free Cash Flow−$2.8M▲ +13.5% YoY

Trailing 12M (TTM)−$147,000trailing 4 quarters sum

FCF Margin-1.6%−$2.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TSL.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$914,000(2M)−$2.8M▲ +13.5%-1.6%

FY2024−$1.4M(2M)−$3.2M▼ 117.8%-1.6%

FY2023$23.7M(6M)$18.2M▼ 56.6%7.6%

FY2022$43.4M(1M)$41.9M▲ +16347.7%11.7%

FY2021$11.9M(12M)−$258,000▼ 101.2%-0.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TSL.TO · P/FCF · FCF yield · FCF per share

Tree Island Steel Ltd. (TSL.TO) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TSL.TO · cash flow statement · operating / investing / financing

For FY2025, Tree Island Steel Ltd. generated −$0.9M in operating cash flow and spent 2M in capital expenditures, yielding −$2.8M in free cash flow.

Operating Activities

−$0.9M

Cash from core business operations

2025-12-31

Investing Activities

−$1.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$3.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$0.9M) − |CapEx| (2M) = FCF (−$2.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

TSL.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Tree Island Steel Ltd.YOU

TSL.TO

−$2.8M+13.5%-1.6%

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Tree Island Steel Ltd. (TSL.TO) reported free cash flow of −$2.8M for FY2025 (fiscal year ending 2025-12-31), up 13.5% year-over-year. The FCF margin was -1.6%.

Based on available data, Tree Island Steel Ltd. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $41.9M in FY2022.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TSL.TO free cash flow · 8 questions

Tree Island Steel Ltd. free cash flow was −$2.8M for FY2025, up 13.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$147,000.

TSL.TO free cash flowTSL.TO FCFTSL.TO FCF 2025TSL.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Tree Island Steel Ltd. · Tree Island Steel Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026