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.

Revenue
+25.7%
EPS
+41.2%
Free cash flow
+38.7%
Total debt
+149.6%

Quarter to August 2026, against a year earlier

62.55 3.91 −5.88%
Market cap
$6.8B
P/E
10.6×
Fwd P/E
9.7×
Dividend yield
1.25%
F-score
6/9
Altman Z
2.95
Beneish M
−2.12
Dividend safety
78/100

Commercial Metals Company (CMC) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by products and services, and margins
Steel products 3,733 39.74%
Downstream products 2,480 26.40%
Raw materials 1,686 17.95%
Precast products 502 5.34%
Other 350 3.72%
Construction products 337 3.59%
Ground stabilization solutions 306 3.26%
Gross margin 18.65%
Operating margin 9.26%
Pre-tax margin 7.57%

Revenue by product or service $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Steel products 3,733 3,291 3,237 3,846 4,180 3,099 2,286 2,410 1,810 2,584 2,620
Downstream products 2,480 2,287 2,497 2,730 2,540 2,006 2,062 2,071 1,303 — —
Raw materials 1,686 1,329 1,330 1,345 1,544 1,183 728 966 1,181 — —
Precast products 502 — — — — — — — — — —
Other 350 326 321 290 227 152 125 382 349 111 110
Construction products 337 304 290 333 322 — — — — — —
Ground stabilization solutions 306 262 251 256 100 — — — — — —
Construction Related Solutions — — — — — 290 276 — — — —
Nonferrous Scrap — — — — — — — — — 506 365
Ferrous Scrap — — — — — — — — — 413 266
Construction Materials — — — — — — — — — 229 235
Revenue 9,394 7,798 7,926 8,800 8,913 6,730 5,476 5,829 4,644 3,844 3,596

Revenue by segment $m

Line FY2026 FY2024 FY2023 FY2022
Reportable Segments Total 9,484 7,985 8,874 —
Also reported: a second breakdown of the same revenue
North America Steel Group 6,998 6,310 6,704 6,798
Construction Solutions Group 1,339 717 722 526
Europe Steel Group 1,020 849 1,329 1,592
Corporate and Other 37 50 45 (3)
Revenue 9,394 7,926 8,800 8,913

Gross profit by segment $m, and margin

Revenue by region $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2011 FY2010 FY2009
North America — — — — — 5,671 4,770 5,001 3,738 3,015 — — — —
Europe — — — — — 1,049 699 817 887 636 520 — — —
Asia — — — — — — — — — 162 139 — — —
Other Foreign Countries — — — — — — — — — — 28 — — —
International Marketing and Distribution — — — — — — — — — — — 2,603 2,439 2,774
Americas Recycling — — — — — — — — — — — 1,693 1,212 626
Americas Mills — — — — — — — — — — — 1,308 869 774
Americas Fabrication — — — — — — — — — — — 1,209 1,132 1,591
International Mills — — — — — — — — — — — 1,098 650 656
Also reported: a second breakdown of the same revenue
United States 7,614 6,216 6,465 6,895 6,793 5,295 4,562 4,771 3,460 — 2,771 — — —
Other 1,101 965 877 963 795 485 287 473 247 — — — — —
Poland 679 618 583 942 1,079 793 550 511 703 — — — — —
China — — — — 247 156 77 75 164 — — — — —
Delaware — — — — — — — — 71 — — — — —
Other, not broken out — — — — — — — — — 30 137 — — —
Revenue 9,394 7,798 7,926 8,800 8,913 6,730 5,476 5,829 4,644 3,844 3,596 7,918 6,306 6,409

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Europe Steel Group cost of ferrous scrap utilized per ton Q4 FY2026 $363.00 $351.00 +3.42%
Europe Steel Group merchant bar and other external tons shipped Q4 FY2026 271.0K 257.0K +5.45%
Europe Steel Group rebar external tons shipped Q4 FY2026 106.0K 117.0K −9.40%
Europe Steel Group steel products average selling price per ton Q4 FY2026 $712.00 $668.00 +6.59%
Europe Steel Group steel products external tons shipped Q4 FY2026 377.0K 374.0K +0.80%
North America Steel Group cost of ferrous scrap utilized per ton Q4 FY2026 $369.00 $314.00 +17.52%
North America Steel Group cost of raw materials per ton Q4 FY2026 $754.00 $649.00 +16.18%
North America Steel Group downstream products average selling price per ton Q4 FY2026 $1,288.00 $1,214.00 +6.10%
North America Steel Group downstream products external tons shipped Q4 FY2026 397.0K 366.0K +8.47%
North America Steel Group finished steel shipment volume growth Q4 FY2026 5.30% 3.00% —
North America Steel Group merchant bar and other external tons shipped Q4 FY2026 311.0K 244.0K +27.46%
North America Steel Group raw materials average selling price per ton Q4 FY2026 $981.00 $881.00 +11.35%
North America Steel Group raw materials external tons shipped Q4 FY2026 460.0K 374.0K +22.99%
North America Steel Group rebar external tons shipped Q4 FY2026 507.0K 544.0K −6.80%
North America Steel Group steel products average selling price per ton Q4 FY2026 $1,021.00 $882.00 +15.76%
North America Steel Group steel products external tons shipped Q4 FY2026 818.0K 788.0K +3.81%
Remaining performance obligations Q4 FY2026 $895.5M $867.4M +3.24%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.