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.
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Commercial Metals Company (CMC) Dividend Safety Score
Commercial Metals Company's stockrow Dividend Safety Score is 78 out of 100, based on payout ratios, leverage, dividend streak and earnings stability for fiscal 2026.
Dividend Safety Score, annual
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Annual newest first
| Period | Dividend Safety Score | Change (points) |
|---|---|---|
| FY2026 | 78 | 21.00 |
| FY2025 | 57 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Payout of earnings | 12.85% | — | Pass | 25 |
| Payout of free cash flow | 17.18% | — | Pass | 25 |
| Net debt / EBITDA | 2.05 | — | Pass | 12 |
| Years without a dividend cut | 10 | — | Pass | 16 |
| Years of falling or negative earnings over the last 10 fiscal years | 3 | — | Fail | 0 |
| Dividend Safety Score | Adequately covered | 78 | ||
How the stockrow Dividend Safety Score works
Our own composite, out of 100, for the latest fiscal year: up to 25 points for how little of its earnings the dividend takes, 25 for how little of its free cash flow, 20 for net debt against EBITDA, 20 for the years it has paid without a cut and 10 for how steady earnings per share have been over ten years. How we calculate it.
| 80–100 | Well covered |
|---|---|
| 60–79 | Adequately covered |
| 40–59 | Stretched |
| below 40 | Weakly covered |
Not worked out for a company that pays no regular dividend, for banks and REITs, whose payouts and leverage these measures do not describe, or with fewer than five years of earnings.
Dividend Safety Score against peers
| Company | Dividend Safety Score |
|---|---|
| MLI Mueller Industries, Inc. compare | 88 |
| ESAB ESAB Corporation compare | 84 |
| CRS Carpenter Technology Corporation compare | 82 |
| CMC Commercial Metals Company | 78 |
| ATI ATI Inc. compare | 62 |
| WOR Worthington Enterprises, Inc. compare | 62 |
| RYZ Ryerson Holding Corporation compare | 30 |
| GPGI CompoSecure, Inc. compare | 20 |
| PRLB Proto Labs, Inc. compare | — |
What Dividend Safety Score is
The stockrow Dividend Safety Score rates how well earnings and free cash flow cover the dividend, with leverage, the dividend’s record and stable earnings.
Up to 25 points for the payout of earnings, 25 for the payout of free cash flow, 20 for net debt ÷ EBITDA, 20 for the years without a dividend cut and 10 for stable earnings