Commercial Metals
CMC NYSE· Steel
Last close · Oct 26, 2026
$62.42
KIRA · Stoqly’s AI analyst, in plain words
- Commercial Metals had $9.4B of revenue in fiscal 2026, up 20.5% on the year before. Over five years, revenue changed +6.9% a year on average.
- Commercial Metals made $656M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew 35.1% a year.
- Free cash flow was $479M in fiscal 2026, 5.1% of revenue.
- Commercial Metals returned $187M to shareholders in fiscal 2026, 39% of free cash flow. The diluted share count fell 2.0%.
- Commercial Metals owes $2.6B more than it holds in cash, about 2.2 years of operating profit.
Market cap
$7.0B
P/E
—
Revenue
$9.4B
Net income
$656M
Free cash flow
$479M
Operating margin
—
Commercial Metals in 30 seconds · fiscal 2026
Are sales growing?
+20.5%
Yes. Sales grew 20.5% last year.
Does it make a profit?
7.0%
A little. It keeps 7.0% of every sale as profit.
Does profit turn into cash?
5.1%
Partly. 5.1% of sales ends up as free cash.
Is debt under control?
2.2x
Keep an eye on it. Repaying its debt would take 2.2 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
What Commercial Metals does
No business description yet.
- Fiscal year ends
- August 31, 2026
- Latest annual report
- 10-K · Oct 16, 2026
- Legal name
- Commercial Metals Company
- CIK
- 0000022444
Commercial Metals · CMC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.9B | $8.8B | $7.9B | $7.8B | $9.4B |
| Revenue growth | 32.5% | −1.3% | −9.9% | −1.6% | 20.5% |
| Gross margin | 20.8% | 20.6% | 17.1% | 15.7% | 18.7% |
| Net income | $1.2B | $860M | $486M | $84.7M | $656M |
| Net margin | 13.7% | 9.8% | 6.1% | 1.1% | 7.0% |
| Diluted EPS | $9.95 | $7.25 | $4.14 | $0.74 | $5.86 |
| Cash | |||||
| Cash from operations | $700M | $1.3B | $900M | $715M | $1.1B |
| Capital expenditure | $450M | $607M | $324M | $403M | $580M |
| Free cash flow | $250M | $737M | $575M | $312M | $479M |
| FCF margin | 2.8% | 8.4% | 7.3% | 4.0% | 5.1% |
| Dividends paid | $67.7M | $74.9M | $78.9M | $81.4M | $84.2M |
| Share buybacks | $162M | $101M | $183M | $199M | $103M |
| Share count change | 0.3% | −3.1% | −1.2% | −2.6% | −2.0% |
| Debt and strength | |||||
| Cash and short-term investments | $673M | $592M | $858M | $1.0B | $776M |
| Debt incl. finance leases | $1.5B | $1.2B | $1.2B | $1.4B | $3.4B |
| Shareholders' equity | $3.3B | $4.1B | $4.3B | $4.2B | $4.7B |
| Net debt / EBITDA | 0.5x | 0.4x | 0.4x | 0.7x | 2.2x |
| Current ratio | 2.5x | 3.7x | 3.9x | 2.8x | 2.3x |
| Interest coverage | 30.9x | 29.0x | 14.3x | 3.1x | 7.0x |
| Returns and quality | |||||
| Return on capital | 35.9% | 20.2% | 11.2% | 2.7% | 12.9% |
| Return on equity | 43.6% | 23.2% | 11.5% | 2.0% | 14.8% |
| Piotroski F-score | 5 | 6 | 6 | 4 | 7 |
| Altman Z'' | 6.8 | 7.2 | 7.0 | 5.7 | 4.4 |
Insiders bought, 12 months
$0.8M
3 insiders
Insiders sold, 12 months
$2.4M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Commercial Metals · CMC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Commercial Metals CMC | $7.0B | 20.5% | — | 5.1% | 12.9% | — | 7 |
| Reliance RS | $21.9B | 3.3% | 7.1% | 3.5% | 9.4% | 27.5x | 6 |
| Steel Dynamics STLD | $34.1B | 3.6% | 8.1% | 2.8% | 10.0% | 17.5x | 6 |
| Cleveland-Cliffs CLF | $7.7B | −3.0% | −8.5% | −5.5% | −8.9% | — | 2 |
| Worthington Steel WS | $2.1B | 11.3% | −0.0% | 2.3% | −0.1% | — | 5 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $62.42 a share, the company is worth $7.0B.
Commercial Metals grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000022444). Data updated October 16, 2026. For information only — not investment advice. Check the original filings before relying on any figure.