Commercial Metals Posts Strong Q1 Turnaround, Declares Dividend

An update from Commercial Metals Company ( (CMC) ) is now available.

For the fiscal first quarter ended November 30, 2025, Commercial Metals Company reported a sharp turnaround to net earnings of $177.3 million, or $1.58 per diluted share, from a net loss of $175.7 million a year earlier, on higher net sales of $2.1 billion, with adjusted earnings more than doubling to $206.2 million. Consolidated core EBITDA rose about 52% year over year to $316.9 million with a 14.9% margin, driven by strong operational execution, higher steel metal margins in North America, and robust performance in the Construction Solutions Group, which posted record first-quarter EBITDA and a 20% margin. During the quarter CMC advanced its Transform, Advance and Grow (TAG) program, launched new operational and commercial initiatives aimed at exiting fiscal 2026 with a $150 million annualized EBITDA benefit, repurchased roughly $38.9 million of its shares, and maintained liquidity of nearly $1.9 billion. In December 2025, it closed the acquisitions of Concrete Pipe and Precast and Foley Products for about $2.5 billion, establishing a major new growth platform in precast concrete and prompting the renaming of its Emerging Businesses Group to Construction Solutions Group to reflect its expanded construction solutions focus. The company also strengthened shareholder returns with the board’s January 5, 2026 declaration of a $0.18 per-share quarterly dividend, marking the 245th consecutive quarterly payment, while management highlighted stable domestic demand, improving pricing, and an encouraging construction pipeline in North America, offset by some margin pressure in Europe from imports.

The most recent analyst rating on (CMC) stock is a Hold with a $74.61 price target. To see the full list of analyst forecasts on Commercial Metals Company stock, see the CMC Stock Forecast page.

Spark’s Take on CMC Stock

According to Spark, TipRanks’ AI Analyst, CMC is a Neutral.

The score is driven primarily by mixed financial performance (profitability and cash flow pressure despite improved leverage management). Technicals provide support with a strong uptrend and positive momentum, while valuation is a meaningful headwind due to the very high P/E and modest yield. Earnings call commentary is a secondary positive, supported by accretive acquisition plans and synergy targets, tempered by higher expected leverage.

To see Spark’s full report on CMC stock, click here.

More about Commercial Metals Company

Commercial Metals Company (CMC), based in Irving, Texas, operates in the steel and construction materials industry, with core operations in its North America Steel Group, Europe Steel Group and the newly renamed Construction Solutions Group. The company produces steel products, including merchant bar and rebar, and offers construction-related solutions such as precast concrete, geogrid and reinforcement systems, serving infrastructure, industrial, data center, energy and public works markets across North America and Europe.

Average Trading Volume: 1,201,448

Technical Sentiment Signal: Buy

Current Market Cap: $8.29B

For detailed information about CMC stock, go to TipRanks’ Stock Analysis page.