Financials · CMC

Commercial Metals Company (CMC) financials

For fiscal 2026 (ended Aug 31, 2026), Commercial Metals Company reported $9.39B of revenue and $655.85M of net income.

Revenue, FY2026
$9.39B
Revenue growth, YoY
+20.5%
Net income, FY2026
$655.85M
Net income growth, YoY
+674.7%
Net margin
7.0%
Free cash flow, FY2026
$479.12M
EPS, diluted, FY2026
$5.86
EPS growth, YoY
+691.9%
Cash
$778.85M
Total debt
$3.38B
P/E
10.79
P/S
0.75
Market cap
$7.08B
Annual revenue$9.39B
FY2017FY2026
Annual net income$655.85M
FY2017FY2026
Annual free cash flow$479.12M
FY2017FY2026

CMC revenue and earnings growth

CMC revenueQ4 2026$2.66B

Quarter YoY
+25.7%
QoQ
+7.1%
FY YoY
+20.5%
5Y CAGR
+6.9%
10Y CAGR
+10.1%

CMC revenue was $2.66B in fiscal Q4 2026 (ended Aug 31, 2026), up 25.7% from a year earlier and up 7.1% from the prior quarter. For the full fiscal 2026 it was $9.39B, up 20.5% from fiscal 2025. Compound annual growth was +6.9% over 5 years and +10.1% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

CMC net incomeQ4 2026$212.52M

Quarter YoY
+40.0%
QoQ
+22.8%
FY YoY
+674.7%
5Y CAGR
+9.7%
10Y CAGR
+28.2%

CMC net income was $212.52M in fiscal Q4 2026 (ended Aug 31, 2026), up 40.0% from a year earlier and up 22.8% from the prior quarter. For the full fiscal 2026 it was $655.85M, up 674.7% from fiscal 2025. Compound annual growth was +9.7% over 5 years and +28.2% over 10 years. It rose in 6 of the last 10 fiscal years.

CMC EPSQ4 2026$1.90

Quarter YoY
+42.9%
QoQ
+22.6%
FY YoY
+691.9%
5Y CAGR
+11.6%
10Y CAGR
+28.7%

CMC diluted EPS was $1.90 in fiscal Q4 2026 (ended Aug 31, 2026), up 42.9% from a year earlier and up 22.6% from the prior quarter. For the full fiscal 2026 it was $5.86, up 691.9% from fiscal 2025. Compound annual growth was +11.6% over 5 years and +28.7% over 10 years.

CMC free cash flowQ4 2026$280.37M

Quarter YoY
+35.9%
QoQ
+266.9%
FY YoY
+53.4%
5Y CAGR
+61.0%
10Y CAGR
+1.2%

CMC free cash flow was $280.37M in fiscal Q4 2026 (ended Aug 31, 2026), up 35.9% from a year earlier and up 266.9% from the prior quarter. For the full fiscal 2026 it was $479.12M, up 53.4% from fiscal 2025. Compound annual growth was +61.0% over 5 years and +1.2% over 10 years. It rose in 3 of the last 6 fiscal years.

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Income statement

Income statement
Line item
Aug 31, 2026
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Aug 31, 2018
Aug 31, 2017
Revenue$9.39B$7.80B$7.93B$8.80B$8.91B$6.73B$5.48B$5.83B$4.64B$3.84B
Cost of revenue$7.64B$6.58B$6.57B$6.99B$7.06B$5.62B$4.53B$5.03B$4.02B$3.32B
Gross profit$1.75B$1.22B$1.36B$1.81B$1.86B$1.11B$944.80M$803.49M$622.16M$521.36M
Selling, general and admin$881.96M$700.23M$668.41M$646.04M$544.98M$505.12M$507.01M$463.27M$401.45M$387.35M
Interest expense--$47.89M$40.13M$50.71M$51.90M$61.84M$71.37M$40.96M$44.15M
Pre-tax income$711.01M$107.55M$635.67M$1.12B$1.52B$534.02M$370.78M$268.46M$165.38M$65.45M
Income tax$55.16M$22.88M$150.18M$262.21M$297.88M$121.15M$92.48M$69.68M$30.15M$15.28M
Net income$655.85M$84.66M$485.49M$859.76M$1.22B$412.87M$279.50M$198.09M$138.51M$46.33M
EPS, basic$5.92$0.75$4.19$7.34$10.09$3.43$2.35$1.68$1.19$0.40
EPS, diluted$5.86$0.74$4.14$7.25$9.95$3.38$2.32$1.66$1.17$0.39
Diluted shares111.9M114.1M117.2M118.6M122.4M122.0M120.3M119.1M118.1M117.4M

Balance sheet

Balance sheet
Line item
Aug 31, 2026
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Aug 31, 2018
Aug 31, 2017
Cash and equivalents$778.85M$1.05B$859.55M$595.72M$679.24M$501.13M$544.96M$193.73M$632.62M$285.88M
Receivables$1.44B$1.20B$1.16B$1.24B$1.36B$1.11B$880.73M$1.02B$749.48M$561.41M
Inventory$1.10B$934.31M$971.75M$1.04B$1.17B$935.39M$625.39M$692.37M$589.00M$462.65M
Current assets$3.81B$3.49B$3.29B$3.14B$3.44B$2.74B$2.21B$2.08B$2.08B$1.71B
Goodwill$2.14B$386.85M$385.63M$385.82M$249.01M$66.14M$64.32M$64.14M$64.31M$64.92M
Total assets$10.26B$7.17B$6.82B$6.64B$6.24B$4.64B$4.08B$3.76B$3.33B$2.98B
Current liabilities$1.63B$1.26B$834.85M$843.71M$1.36B$980.47M$745.26M$694.59M$541.94M$608.44M
Short-term debt$67.15M$44.29M$38.79M$40.51M$388.80M$54.37M$18.15M$3.93M$0-
Long-term debt$3.31B$1.31B$1.15B$1.11B$1.11B$1.02B$1.07B$1.23B$1.14B$805.58M
Total debt$3.38B$1.35B$1.19B$1.15B$1.50B$1.07B$1.08B$1.23B$1.14B$805.58M
Total liabilities$5.56B$2.98B$2.52B$2.52B$2.95B$2.34B$2.19B$2.13B$1.83B$1.57B
Shareholders' equity$4.70B$4.19B$4.30B$4.12B$3.29B$2.30B$1.89B$1.62B$1.49B$1.40B

Cash flow

Cash flow
Line item
Aug 31, 2026
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Aug 31, 2018
Aug 31, 2017
Operating cash flow$1.06B$715.07M$899.71M$1.34B$700.31M$228.47M$791.20M$37.00M-$433.92M-$523.28M
Capital expenditures$579.84M$402.82M$324.27M$606.66M$449.99M$184.16M$187.62M$138.84M$174.66M$213.12M
Free cash flow$479.12M$312.25M$575.44M$737.44M$250.32M$44.31M$603.59M-$101.83M-$608.58M-$736.40M
Investing cash flow-$3.06B-$346.77M-$323.00M-$835.23M-$684.72M-$162.13M-$192.94M-$462.05M$521.93M$595.16M
Financing cash flow$1.74B-$183.44M-$313.76M-$599.48M$165.31M-$109.39M-$247.79M-$13.24M$259.43M-$324.49M
Dividends paid$84.25M$81.43M$78.87M$74.94M$67.75M$57.77M$57.06M$56.54M$56.08M$55.51M
Share repurchases$102.81M$198.82M$182.93M$101.41M$161.88M$0$0-$0$0
Stock-based compensation$43.93M$37.05M$45.07M$60.53M$46.98M$43.68M$31.85M$25.11M$23.93M$30.31M
Depreciation and amortization$395.92M$285.88M$280.37M$218.83M$175.02M$167.61M$165.76M$158.67M$131.66M$125.07M

Key ratios

Key ratios
Line item
Aug 31, 2026
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Aug 31, 2018
Aug 31, 2017
Revenue growth, YoY20.5%-1.6%-9.9%-1.3%32.4%22.9%-6.0%25.5%20.8%6.9%
Net income growth, YoY674.7%-82.6%-43.5%-29.4%194.8%47.7%41.1%43.0%198.9%-15.4%
EPS growth, YoY691.9%-82.1%-42.9%-27.1%194.4%45.7%39.8%41.9%200.0%-17.0%
Gross margin18.6%15.6%17.1%20.6%20.8%16.4%17.3%13.8%13.4%13.6%
Net margin7.0%1.1%6.1%9.8%13.7%6.1%5.1%3.4%3.0%1.2%
Free cash flow margin5.1%4.0%7.3%8.4%2.8%0.7%11.0%-1.7%-13.1%-19.2%
Return on equity14.0%2.0%11.3%20.9%37.0%18.0%14.8%12.2%9.3%3.3%
Return on assets6.4%1.2%7.1%12.9%19.5%8.9%6.8%5.3%4.2%1.6%
Current ratio2.342.783.943.732.542.792.972.993.832.82
Debt to equity0.720.320.280.280.460.470.570.760.760.58

Source: XBRL data Commercial Metals Company files with the SEC, latest filing dated Oct 16, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CMC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CMC$9.39B+20.5%$655.85M7.0%$7.08B
NUE$36.10B+17.2%$2.88B8.0%$56.55B
MT$61.35B-1.7%$3.15B5.1%$48.88B
STLD$22.22B+26.0%$1.95B8.8%$32.36B
TS$11.98B-4.3%$1.93B16.1%$31.49B
ATI$5.01B+9.4%$555.60M11.1%$25.11B
PKX₩68.99T-6.1%₩690.69B1.0%$16.02B
CRS$3.19B+10.2%$569.80M17.9%$15.13B
TX$15.61B-11.6%$425.23M2.7%$10.06B

CMC FAQ

9 questions
  • What is CMC revenue?
    Commercial Metals Company (CMC) reported $9.39B of revenue for fiscal 2026 (ended Aug 31, 2026). That is up 20.5% from the year before.
  • Is CMC profitable?
    Yes. Commercial Metals Company earned $655.85M in net income for fiscal 2026 (ended Aug 31, 2026), a net margin of 7.0%.
  • How much cash and debt does CMC have?
    Commercial Metals Company reported $778.85M in cash and cash equivalents and $3.38B of debt on its most recent balance sheet in SEC filings.
  • How fast is CMC revenue growing?
    Commercial Metals Company's revenue changed +20.5% in fiscal 2026, to $9.39B. Its compound annual growth rate was +6.9% over 5 years and +10.1% over 10 years.
  • What is CMC gross margin?
    Commercial Metals Company's gross profit was $1.75B on $9.39B of revenue for fiscal 2026 (ended Aug 31, 2026), a gross margin of 18.6%.
  • What is CMC free cash flow?
    Commercial Metals Company generated $479.12M of free cash flow for fiscal 2026 (ended Aug 31, 2026), which is operating cash flow of $1.06B less capital expenditures.
  • What is CMC earnings per share?
    Diluted earnings per share were $5.86 for fiscal 2026 (ended Aug 31, 2026), from SEC filings, restated for any stock split those filings show.
  • When did CMC last report financial results?
    The latest statements here come from Commercial Metals Company's 10-K filed on Oct 16, 2026, covering the period ended Aug 31, 2026.
  • Where does this CMC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Commercial Metals Company files with the SEC. It is provided for information only and is not investment advice.