Commercial Metals Company CMC Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$64.98 down $0.39, 0.60% at close Oct 16
Last close · Previous close $65.37
- Market cap
- $7.21BAt the Oct 16 close
- P/E ratio
- 12.28On last 12 months’ EPS
- Diluted EPS
- $5.29Last 12 months
- Dividend yield
- 1.17%Last 12 months
Price chart
$64.98down $0.39, 0.60%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$65.37Oct 15
- Volume1.64MOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume1.29MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $55.97 to $84.87; now $64.98
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
CMC beat the S&P 500 in 3 of 7 periods.
| Period | CMC and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CMC: down 1.3% S&P 500: up 1.5% | CMC trailed the S&P 500 by 2.8 percentage points Trailed |
| 3M | CMC: down 2.1% S&P 500: up 1.9% | CMC trailed the S&P 500 by 4.0 percentage points Trailed |
| YTD | CMC: down 5.3% S&P 500: up 12.8% | CMC trailed the S&P 500 by 18.1 percentage points Trailed |
| 1Y | CMC: up 18.8% S&P 500: up 16.8% | CMC beat the S&P 500 by 2.0 percentage points Beat |
| Long term | ||
| 3Y | CMC: up 57.9% S&P 500: up 81.5% +16.4% vs +22.0% a year | CMC trailed the S&P 500 by 23.6 percentage points Trailed |
| 5Y | CMC: up 119.4% S&P 500: up 83.1% +17.0% vs +12.9% a year | CMC beat the S&P 500 by 36.3 percentage points Beat |
| 10Y | CMC: up 413.3% S&P 500: up 319.6% +17.8% vs +15.4% a year | CMC beat the S&P 500 by 93.7 percentage points Beat |
$10,000 invested in CMC 10 years ago (Oct 14, 2016) would be worth about $51,328 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
CMC beat the S&P 500 in 3 of 7 periods.
| Period | CMC and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CMC: down 1.3% S&P 500: up 1.2% | CMC trailed the S&P 500 by 2.5 percentage points Trailed |
| 3M | CMC: down 2.1% S&P 500: up 1.7% | CMC trailed the S&P 500 by 3.8 percentage points Trailed |
| YTD | CMC: down 6.1% S&P 500: up 11.9% | CMC trailed the S&P 500 by 18.0 percentage points Trailed |
| 1Y | CMC: up 17.4% S&P 500: up 15.5% | CMC beat the S&P 500 by 1.9 percentage points Beat |
| Long term | ||
| 3Y | CMC: up 51.8% S&P 500: up 75.0% +14.9% vs +20.5% a year | CMC trailed the S&P 500 by 23.2 percentage points Trailed |
| 5Y | CMC: up 105.0% S&P 500: up 71.2% +15.4% vs +11.4% a year | CMC beat the S&P 500 by 33.8 percentage points Beat |
| 10Y | CMC: up 325.3% S&P 500: up 258.1% +15.6% vs +13.6% a year | CMC beat the S&P 500 by 67.2 percentage points Beat |
$10,000 invested in CMC 10 years ago (Oct 14, 2016) would be worth about $42,526 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$83.21
Closing high on . Now 21.9% below that record.
Split-adjusted daily closes since Nov 5, 1987.
Stock splits
5
Latest: 2-for-1 on . One share bought before the first split is 14 shares today.
All 5 splits
- 2-for-1
- 2-for-1
- 2-for-1
- 4-for-3
- 4-for-3
Valuation
The Oct 16 close compared with the last 12 months of reported results (the four quarters to May 31, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
12.3×The Oct 16 close ÷ diluted EPS over the last 12 months ($5.29)
The range covers daily P/E ratios from Oct 7, 2021 to Oct 16, 2026, each based on the previous 12 months of earnings.
CMC trades at 12.3× its earnings over the last 12 months, above its 5-year median of 9.8×. In plain terms, buyers are paying about $12 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 0.8×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 1.6×Book value as of May 31, 2026
Price relative to accounting equity (book value) per share on the May 31, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 8.7×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 0.01Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+1,663.3% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 12.3 ÷ 1,663.3 - 5.70%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $10.04BAt the Oct 16 close
What it would cost to buy the whole business: the market cap at the Oct 16 close, plus debt, minus cash and short-term investments from the May 31, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own CMC DCF in Excel. Value Commercial Metals with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended May 31, 2026. “Last 12 months” means the four quarters from Jun 1, 2025 to May 31, 2026, and balance-sheet figures are as of May 31, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $8.85Bup 15.2%
- Net income
- $595.11Mup 1,516.6%
- Diluted EPS
- $5.29up 1,663.3%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Aug 31, 2024) | $2.00B | $103.93M | $0.89 |
| Q1 FY25 (Nov 30, 2024) | $1.91B | −$175.72M | −$1.54 |
| Q2 FY25 (Feb 28, 2025) | $1.75B | $25.47M | $0.22 |
| Q3 FY25 (May 31, 2025) | $2.02B | $83.13M | $0.73 |
| Q4 FY25 (Aug 31, 2025) | $2.11B | $151.78M | $1.33 |
| Q1 FY26 (Nov 30, 2025) | $2.12B | $177.28M | $1.58 |
| Q2 FY26 (Feb 28, 2026) | $2.13B | $93.03M | $0.83 |
| Q3 FY26 (May 31, 2026) | $2.48B | $173.02M | $1.55 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Aug 31, 2021) | $6.73B | $412.87M | $3.38 |
| FY22 (Aug 31, 2022) | $8.91B | $1.22B | $9.95 |
| FY23 (Aug 31, 2023) | $8.80B | $859.76M | $7.25 |
| FY24 (Aug 31, 2024) | $7.93B | $485.49M | $4.14 |
| FY25 (Aug 31, 2025) | $7.80B | $84.66M | $0.74 |
Margins
- Gross 18.6%
- Operating 9.0%
- Net 6.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $410.40MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$918.23MLast 12 months
- Capital spending$507.83MLast 12 months
- 4.6%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $126.07MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$82.26MLast 12 months
- Total returned$208.34MLast 12 months
51% of free cash flow
Balance sheet
- $563.22MAs of May 31, 2026
Cash plus short- and long-term marketable securities on the May 31, 2026 balance sheet.
- Total debt$3.40BAs of May 31, 2026
- Net debt$2.84BAs of May 31, 2026
- 2.33As of May 31, 2026
Current assets divided by current liabilities on the May 31, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.75As of May 31, 2026
Total debt divided by shareholders’ equity on the May 31, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 13.6%Last 12 months
Over the last 12 months, Commercial Metals’s net income was 13.6% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 6.7%Last 12 months
Over the last 12 months, Commercial Metals’s net income was 6.7% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.48 |
| 2017 | $0.48 |
| 2018 | $0.48 |
| 2019 | $0.48 |
| 2020 | $0.48 |
| 2021 | $0.50 |
| 2022 | $0.58 |
| 2023 | $0.64 |
| 2024 | $0.70 |
| 2025 | $0.72 |
| 2026 (to date) | $0.58 |
Dividend details
- $0.76Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 1.17%; 5-yr low 0.86%, 5-yr high 1.98%Last 12 months
Dividends paid over the last 12 months as a share of the Oct 16 close. The bar shows where that yield sits in its range over the past five years; the median was 1.27%.
- $0.20Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 8.4% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 5 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 14.4%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Commercial Metals Company
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace ("EAF") mini mills, three EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Through its Tensar division, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through its two major product lines: Tensar® geogrids and Geopier® foundation systems. About Global Steel Climate Council GSCC is a non-profit organization created to lead an effort to reduce steel carbon emissions and encourage investments in lower-carbon emission technology as part of the global effort to decarbonize economies and societies. GSCC members are steel manufacturers, associations and other organizations in the steel supply chain that have a presence in 79 countries around the world.
- Sector
- Basic Materials
- Industry
- Steel
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
CMC news
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CMC stock FAQ
What is CMC stock’s price today?
Commercial Metals (CMC) traded at $64.98 at the close on , down $0.39 (0.60%) from the previous close of $65.37. Over the past 52 weeks it has traded between $55.97 and $84.87.
If you invested $1,000 in CMC 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in CMC on would be worth about $5,133 at the close on , a total return of +413.3%. The same $1,000 would be worth $2,194 if invested five years ago, $1,188 if invested one year ago, $4,205 if invested 20 years ago, and $30,962 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Commercial Metals’s market cap?
Commercial Metals’s market capitalization is about $7.2 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $64.98 (how market cap works). Commercial Metals reported 110.89M shares outstanding at the end of its latest quarter ().
What is CMC’s P/E ratio?
CMC trades at 12.3 times its diluted earnings over the four quarters to ($5.29 per share), at the close. Over the past five years its P/E has ranged from 3.5 to 180.9, with a median of 9.8. (How the P/E ratio works.)
How much revenue does Commercial Metals make?
Commercial Metals reported $8.9 billion of revenue over the four quarters to , up 15.2% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $2.5 billion, up 22.9% from a year earlier.
Is Commercial Metals profitable?
Yes. Commercial Metals earned $595.1 million of net income over the four quarters to , a net margin of 6.7%, and its operating margin was 9.0% (what margins tell you).
What are CMC’s earnings per share?
CMC’s diluted earnings per share were $5.29 over the four quarters to , compared with $0.30 in the twelve months before. The latest quarter (Q3 FY26) brought $1.55 per share, against $0.73 a year earlier (how EPS works).
Does CMC pay a dividend?
Yes. Commercial Metals pays a quarterly dividend. The most recent was $0.20 per share, with an ex-dividend date of . Over the last twelve months it paid $0.76 per share, a 1.17% yield at the close, and the full-year dividend has risen 5 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($0.76 per share), and if the next 12 months match the last 12, 100 shares would receive about $76 over 12 months, and $1,000 over 12 months would take about 1,316 shares, roughly $85,514 at the close. Dividends can change.
What is CMC’s 52-week high and low?
Over the past 52 weeks CMC has traded as low as $55.97 and as high as $84.87. At $64.98 at the close on , it is 23.4% below that high and 16.1% above the low.
What is CMC’s all-time high?
CMC’s highest closing price was $83.21 on , adjusted for stock splits. At $64.98 at the close on , it is 21.9% below that record.
Has CMC stock ever split?
Yes, five times: 4-for-3 on ; 4-for-3 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 14 shares today.
How has CMC stock performed?
Including dividends and measured to the close on , CMC has returned −5.3% so far this year and +18.8% over the past year, and +119.4% over five years (+17.0% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Commercial Metals in?
Commercial Metals is in the Basic Materials sector and the Steel industry, and is headquartered in Texas, USA.
What exchange does CMC trade on?
Commercial Metals trades on the NYSE under the ticker symbol CMC. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
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