Commercial Metals Company

CMC Industrials Metal Fabrication

Commercial Metals Company’s revenue for fiscal 2026 (year ended August 2026) was $9.4 billion, up 20.5% from fiscal 2025. In the quarter to August 2026, revenue grew 25.7%, EPS grew 41.3%, free cash flow grew 21.8% and total debt rose 149.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

64.98 0.39 −0.60%
Market cap
$7.2B
P/E
11.0×
Fwd P/E
12.4×
Dividend yield
1.17%
F-score
6/9
Altman Z
2.95
Beneish M
−2.12
Dividend safety
78/100

Insider Decisions trades per month

Total buys 0.75
Total sells 2.00
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — 1 — — — — — 1 1 — —
Sell — — — 1 — — — — — — — —
Insider Ownership 0.80%

Capital & Financial Ratios $m

Market Cap 7,230.00
Revenue 9,393.90
Net Income 655.85
Free Cash Flow 490.37
Net Debt 2,602.03
Current Ratio 2.34 (at or above 1.5: strong)
Debt/Equity 0.72
P/E ratio 10.97
Fwd P/E 12.40
P/S ratio 0.76
P/B ratio 1.53
Past 5Y EPS Growth 11.64%
This Y EPS Growth 5.40%
Next Y EPS Growth (7.24%) (below 0%: weak)
Next Y revenue growth 19.10% (at or above 10%: strong)
Next 5Y EPS Growth (3.39%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 39.70%
10-year low 10-year high
P/S against its own 10 years 83.71%
10-year low 10-year high
P/B against its own 10 years 51.60%
10-year low 10-year high
EV/Sales against its own 10 years 93.33%
10-year low 10-year high
EV/FCF against its own 10 years 75.02%
10-year low 10-year high

Dividends

Payout Ratio 0.13
Annual Dividend Rate 0.76
Annual Dividend Yield 1.17%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.76
0.18
0.20
0.20
2025 0.72
0.18
0.18
0.18
0.18
2024 0.70
0.16
0.18
0.18
0.18
2023 0.64
0.16
0.16
0.16
0.16
2022 0.58
0.14
0.14
0.14
0.16
2021 0.50
0.12
0.12
0.12
0.14
2020 0.48
0.12
0.12
0.12
0.12
2019 0.48
0.12
0.12
0.12
0.12
2018 0.48
0.12
0.12
0.12
0.12
2017 0.48
0.12
0.12
0.12
0.12
2016 0.48
0.12
0.12
0.12
0.12
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 592 858 1,043 779
Receivables 1,240 1,159 1,202 1,572
Inventory 1,036 972 934 1,105
Other 276 304 316 352
3,144 3,293 3,495 3,808
2023 2024 2025 2026
Payables 364 351 358 541
ST’ Debt 41 39 44 67
Other — — — —
844 835 1,259 1,628

Compound Annual Growth %

10y 5y 3y
Sales 10.08% 6.90% 2.20%
Cash Flow 6.08% 35.90% (7.64%)
Earnings 28.18% 9.70% (8.63%)
Book Value 13.13% 15.40% 4.46%

Revenue $m

Nov Feb May Aug Year
’26 — — — — —
’26 2,120 2,132 2,483 2,658 9,394
’25 1,910 1,754 2,020 2,115 7,798
’24 2,003 1,848 2,078 1,996 7,926
’23 2,227 2,018 2,345 2,209 8,800
’22 1,982 2,009 2,516 2,407 8,913
’21 1,392 1,462 1,845 2,031 6,730
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 204 166 233 456 1,059
’25 213 32 154 315 715
’24 261 89 198 352 900
’23 372 187 376 409 1,344
’22 26 29 187 459 700
’21 (12) 13 93 134 228
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 79 45 79 287 490
’25 100 (54) 65 207 318
’24 194 (4) 115 271 576
’23 239 30 225 244 738
’22 (43) 215 90 303 565
’21 (49) (18) 59 78 71
Fiscal quarters ending in the months shown.

EPS $

Nov Feb May Aug Year
’26 — — — — —
’26 1.58 0.83 1.55 1.91 5.86
’25 (1.54) 0.22 0.73 1.35 0.74
’24 1.49 0.73 1.02 0.90 4.14
’23 2.20 1.51 1.98 1.56 7.25
’22 1.90 3.12 2.54 2.40 9.95
’21 0.53 0.55 1.07 1.24 3.38
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to August

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 17.05 15.23 13.27 10.76 19.44 31.47 39.85 47.42 37.92 57.56

Analyst estimates 2027–2029

Powerpack
High 23.28 26.72 22.86 24.04 36.86 50.83 58.09 64.53 71.99 84.87
People
People Employees 8,797 8,900 11,524 11,297 11,089 12,483 13,022 13,178 12,690 —
Revenue/emp, $m 0.44 0.52 0.51 0.48 0.61 0.71 0.68 0.60 0.61 0.00
Income, $m
Income, $m Revenue 3,844 4,644 5,829 5,476 6,730 8,913 8,800 7,926 7,798 9,394
Gross margin, % 13.56 13.40 13.78 17.25 16.43 20.83 20.59 17.14 15.65 18.65
EBT 65 165 268 371 534 1,515 1,122 636 108 711
EBT margin, % 1.70 3.56 4.61 6.77 7.94 17.00 12.75 8.02 1.38 7.57
Net income 46 139 198 280 413 1,217 860 485 85 656
Depreciation 113 132 84 136 162 175 219 280 286 401
Per share, $
Per share, $ Revenue 33.24 39.75 49.47 46.05 55.92 73.88 75.16 68.42 69.02 84.74
Earnings 0.40 1.19 1.68 2.35 3.43 10.09 7.34 4.19 0.75 5.92
Cash flow (4.52) (3.71) 0.31 6.65 1.90 5.80 11.48 7.77 6.33 9.55
Capex (1.82) (1.43) (1.14) (1.48) (1.31) (1.12) (5.17) (2.79) (3.51) (5.13)
Free cash flow (6.34) (5.14) (0.83) 5.18 0.59 4.69 6.31 4.97 2.81 4.42
Book value 12.11 12.79 13.78 15.89 19.07 27.24 35.20 37.12 37.11 42.37
Shares, m 116 117 118 119 120 121 117 116 113 111
Valuation, ×
Valuation, × P/E 47.23 18.15 8.96 8.88 9.51 4.01 7.67 12.16 73.35 11.39
P/S 0.57 0.54 0.30 0.45 0.58 0.55 0.75 0.74 0.83 0.79
P/B 1.56 1.69 1.09 1.31 1.71 1.49 1.60 1.37 1.54 1.59
EV/Sales 0.72 0.66 0.49 0.55 0.67 0.64 0.81 0.79 0.87 1.07
EV/FCF (3.76) (5.09) (28.87) 4.91 63.58 10.11 9.69 10.82 21.30 20.52
Cash, $m
Cash, $m Operating cash flow (523) (434) 37 791 228 700 1,344 900 715 1,059
Capex (210) (167) (135) (176) (158) (135) (606) (324) (397) (569)
Free cash flow (733) (600) (98) 615 71 565 738 576 318 490
Balance, $m
Balance, $m Working capital 1,105 1,535 1,385 1,469 1,756 2,084 2,300 2,458 2,236 2,180
Total debt 825 1,158 1,245 1,084 1,070 1,502 1,155 1,190 1,354 3,381
Net debt 572 536 1,052 542 572 829 562 332 311 2,602
Shareholders’ equity 1,401 1,494 1,624 1,889 2,295 3,286 4,121 4,300 4,193 4,697
Returns, %
Returns, % ROA 1.52 4.39 5.59 7.13 9.47 22.38 13.35 7.22 1.21 7.53
ROIC 3.53 6.80 7.95 11.21 13.10 19.91 15.56 9.31 7.21 7.45
ROE 3.35 9.57 12.71 15.91 19.73 43.62 23.21 11.53 1.99 14.75
Negative figures in brackets.

All 10 years →

Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 16 Oct 2026

Charts ten years each

Commercial Metals Company vs peers in Metal Fabrication (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ATI ATI Inc. $25.8B 53.3× 41.5× +10.58% (above 0%: growing) +54.17% (above 0%: growing) −23.13% (below 0%: shrinking) 24.57% 17.45% Compare
CRS Carpenter Technology Corporation $18.9B 35.6× 39.0× +12.63% (above 0%: growing) +45.74% (above 0%: growing) −23.04% (below 0%: shrinking) 31.61% 24.32% Compare
MLI Mueller Industries, Inc. $13.4B 15.4× 17.0× +25.46% (above 0%: growing) +1.77% (above 0%: growing) +7.23% (above 0%: growing) 27.69% 21.71% Compare
CMC Commercial Metals Company $7.2B 11.0× 12.4× +25.72% (above 0%: growing) +41.32% (above 0%: growing) +21.76% (above 0%: growing) 18.87% 10.18%
ESAB ESAB Corporation $4.1B 23.4× 19.9× +12.86% (above 0%: growing) −54.55% (below 0%: shrinking) −58.05% (below 0%: shrinking) 38.04% 9.75% Compare
GPGI CompoSecure, Inc. $3.7B — (loss-making) 15.1× −99.98% (below 0%: shrinking) n/m 0.00% 195.83% 0.00% Compare
WOR Worthington Enterprises, Inc. $3.1B 19.1× 14.8× +13.23% (above 0%: growing) +23.94% (above 0%: growing) +97.40% (above 0%: growing) 26.43% 3.79% Compare
PRLB Proto Labs, Inc. $2.1B 67.4× 55.0× +10.57% (above 0%: growing) +100.00% (above 0%: growing) +1.35% (above 0%: growing) 46.43% 7.61% Compare
RYZ Ryerson Holding Corporation $1.4B — (loss-making) — (loss-making) +71.57% (above 0%: growing) +400.00% (above 0%: growing) −67.35% (below 0%: shrinking) 17.71% 1.71% Compare
Median of peers $3.9B 29.5× 19.9× +12.75% +45.74% −11.52% 29.65% 8.68%

All 18 Metal Fabrication stocks →

Commercial Metals Company (CMC) key facts

  • Strength: Commercial Metals Company’s revenue for fiscal 2026 (year ended August 2026) was $9.4 billion, up 20.5% from fiscal 2025.
  • Strength: Net income was $655.8 million, or $5.92 per share (basic), a net margin of 6.98%.
  • Commercial Metals Company (CMC) is a Metal Fabrication company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CMC traded at $64.98, a market capitalization of $7.2 billion.
  • At that price the stock trades at 11.0× trailing-twelve-month earnings and 0.8× sales; its P/E is higher than 40% of its own readings over the past ten years.
  • Commercial Metals Company pays an annual dividend of $0.76 per share, a yield of 1.17%, with a payout ratio of 13.0%.
  • Return on equity was 14.8% and debt-to-equity 0.72.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.95 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 16, 2026.

Commercial Metals Company (CMC) Latest News

stockrow.com/CMC · Data as of Oct 16, 2026 · For information only; not investment advice. · © 2026 stockrow.com