Top Page
Commercial Metals Company
(NYSE:CMC)
Commercial Metals Company (CMC) vs. SPDR S&P 500 ETF (SPY)
Commercial Metals Company Business Overview & Revenue Model
Commercial Metals Company Earnings Call Summary
Commercial Metals Company Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.80B | 7.80B | 7.93B | 8.80B | 8.91B | 6.73B |
| Gross Profit | 1.22B | 1.22B | 1.36B | 1.81B | 1.86B | 1.11B |
| EBITDA | 438.92M | 438.92M | 963.93M | 1.38B | 1.74B | 753.53M |
| Net Income | 84.66M | 84.66M | 485.49M | 859.76M | 1.22B | 412.87M |
Balance Sheet | ||||||
| Total Assets | 7.17B | 7.17B | 6.82B | 6.64B | 6.24B | 4.64B |
| Cash, Cash Equivalents and Short-Term Investments | 1.04B | 1.04B | 857.92M | 592.33M | 672.60M | 497.75M |
| Total Debt | 1.35B | 1.35B | 1.19B | 1.15B | 1.50B | 1.07B |
| Total Liabilities | 2.98B | 2.98B | 2.52B | 2.52B | 2.95B | 2.34B |
| Stockholders Equity | 4.19B | 4.19B | 4.30B | 4.12B | 3.29B | 2.29B |
Cash Flow | ||||||
| Free Cash Flow | 312.25M | 312.25M | 575.44M | 737.44M | 250.32M | 44.31M |
| Operating Cash Flow | 715.07M | 715.07M | 899.71M | 1.34B | 700.31M | 228.47M |
| Investing Cash Flow | -346.78M | -346.77M | -323.00M | -835.23M | -684.72M | -162.13M |
| Financing Cash Flow | -183.44M | -183.44M | -313.76M | -599.48M | 165.31M | -109.39M |
Commercial Metals Company Technical Analysis
Commercial Metals Company Risk Analysis
Commercial Metals Company Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $4.62B | 23.68 | 5.84% | ― | -16.81% | -67.68% | |
73 Outperform | $7.54B | 13.14 | 4.80% | 7.03% | -16.69% | 585.38% | |
71 Outperform | $6.62B | 13.17 | 5.21% | 3.15% | -2.53% | -36.08% | |
69 Neutral | $7.42B | 90.10 | 1.99% | 1.08% | -1.61% | -81.36% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | $2.23B | -5.50 | -10.50% | ― | -5.79% | -5.30% | |
53 Neutral | $7.00B | ― | -27.16% | ― | -6.76% | -255.94% |
Commercial Metals Company Corporate Events
On December 1, 2025, Commercial Metals Company completed the acquisition of Concrete Pipe & Precast, LLC for $675 million, enhancing its presence in the Mid-Atlantic and South Atlantic regions. This acquisition is a significant step in CMC’s growth strategy, positioning it as a leader in the precast concrete market, and is expected to bring substantial value to its customers and shareholders.
On November 26, 2025, Commercial Metals Company completed a private placement of $2,000 million in senior notes to fund its acquisition of Foley Products Company, LLC. The notes, which mature in 2033 and 2035, were issued to qualified institutional buyers and non-U.S. persons and will be used for the acquisition and general corporate purposes. If the acquisition is not completed by October 15, 2026, CMC will redeem the notes at their initial issue price. This strategic financial move is expected to enhance CMC’s market position and operational capabilities in the construction sector.
On November 12, 2025, Commercial Metals Company announced a $2 billion offering of Senior Notes, with $1 billion each in 5.75% Notes due 2033 and 6.00% Notes due 2035, to fund its acquisition of Foley Products Company, LLC and for general corporate purposes. The offering is independent of the acquisition’s completion, and if the acquisition is not finalized by October 15, 2026, CMC must redeem the Notes at their initial issue price plus interest, impacting its financial strategy and stakeholder interests.
On November 12, 2025, Commercial Metals Company announced its intention to offer $2,000 million in senior unsecured notes to fund the acquisition of Foley Products Company, LLC. The proceeds will also cover transaction-related fees and general corporate purposes. The offering and acquisition are not contingent upon each other, but if the acquisition is not completed by October 15, 2026, the company will redeem the notes at their initial issue price plus interest. This strategic move aims to enhance the company’s market position through the acquisition, potentially impacting stakeholders by expanding its operational capabilities.
On October 31, 2025, Commercial Metals Company amended its Sixth Amended and Restated Credit Agreement to include a Second Amendment, allowing for a new Bridge Facility and modifying default provisions. This financial maneuver, involving major financial institutions, underscores the company’s strategic financial management and could impact its liquidity and operational flexibility.
On November 3, 2025, Sarah E. Raiss, who has been a director of Commercial Metals Company since 2011, announced her decision to retire and not seek re-election at the upcoming Annual Meeting of Stockholders on January 14, 2026. Her retirement is not due to any disagreements with the company’s operations or policies. Additionally, Jennifer J. Durbin, the Senior Vice President, Chief Human Resources and Communications Officer, will resign effective December 31, 2025, to pursue another opportunity.
On October 15, 2025, Commercial Metals Company announced a definitive agreement to acquire Foley Products Company for $1.84 billion. This acquisition is expected to significantly enhance CMC’s precast platform, positioning it as the third-largest player in the U.S. precast market. The transaction is anticipated to be immediately accretive to earnings per share and free cash flow, with expected synergies of $25 million to $30 million in EBITDA by year three. The acquisition will transform CMC’s financial profile, increasing EBITDA margins and providing a clear path to deleveraging. The deal is set to close by December 2025, subject to regulatory approvals and customary closing conditions.
On October 16, 2025, Commercial Metals Company announced its financial results for the fourth quarter and fiscal year ending August 31, 2025. The company reported strong financial performance with fourth-quarter net earnings of $151.8 million and a core EBITDA margin of 13.8%. The Emerging Businesses Group achieved record results, and the Arizona 2 micro mill generated positive adjusted EBITDA. The company also highlighted its strategic acquisitions of Foley Products Company and Concrete Pipe & Precast, which are expected to enhance its growth platform. Despite a significant after-tax charge related to litigation, CMC’s balance sheet remains robust with substantial liquidity. The company is optimistic about future growth, supported by favorable market conditions and strategic initiatives.
On October 15, 2025, Commercial Metals Company announced that its board of directors declared a regular quarterly cash dividend of $0.18 per share of common stock, marking the 244th consecutive quarterly dividend. The dividend is scheduled to be paid on November 13, 2025, to stockholders recorded by the close of business on October 30, 2025, reflecting CMC’s ongoing commitment to returning value to its shareholders.
On September 29, 2025, Commercial Metals Company received an adverse ruling on its post-trial motions in the Pacific Steel Group litigation, with the court upholding a previous jury verdict in favor of Pacific Steel Group from November 5, 2024. CMC expressed disappointment with the outcome and plans to appeal the decision, emphasizing its commitment to defending its business practices and integrity.
On September 17, 2025, Commercial Metals Company announced its agreement to acquire Concrete Pipe & Precast, LLC for $675 million, aiming to expand its commercial portfolio in early-stage construction solutions. This acquisition is expected to enhance CMC’s financial profile, being immediately accretive to earnings per share and free cash flow per share, while establishing a scalable growth platform in the precast concrete industry, which is projected to outpace the broader concrete sector.