Texas Industries Inc - Texas Industries’ cash flow from operations hits seven year high

Texas Industries Inc - Texas Industries’ cash flow from operations hits seven year high
Published: 03 April 2007

Cash flow from operations for Texas Industries Inc for its quarter ended February 28, 2007 was US$15,133,000, a 223% increase over the year earlier same quarter when Texas Industries generated US$4,688,000 in Cash Flow from Operations. 


Texas Industries has generated eight consecutive quarters of positive Cash Flow from Operations. Cash Flow from operations for the most recent quarter also reached a seven year high. For Texas Industries’ 12 months ended February 28, 2007 Cash Flow from Operations was US$161,342,000, compared with US$167,039,000, a 3.4% decrease over the comparable year earlier 12 months.


Cash Flow from operations for the most recent twelve months also reached a two year low. The shares of Texas Industries were recently trading at US$75.53 which is within 8% of their ten year high of US$81.53 on February 22, 2007.