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CMC stock logo

CMC

Commercial Metals Company

$75.13
-0.63
 (-0.83%)
Exchange:  NYSE
Market Cap:  8.331B
Shares Outstanding:  124.2M
Delayed data
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Overview
Earnings
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Valuation
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About The Company

Sector:  Basic Materials
Industry:  Steel
   
CEO:  Peter R. Matt
Full Time Employees:  13178
Address: 
6565 North MacArthur Boulevard
Irving
TX
75039
US
Website:  https://www.cmc.com
Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals. These raw materials are supplied to a diverse clientele, including steel mills, foundries, aluminum sheet and ingot producers, brass and bronze ingot makers, copper refineries, secondary lead smelters, specialty steel manufacturers, and high-temperature alloy fabricators. Commercial Metals Company manufactures and distributes a comprehensive range of finished long steel products. These encompass reinforcing bars (rebar), merchant bars, light structural sections, and various other specialized profiles. It also provides semi-finished billets intended for re-rolling and forging applications. Specializing in custom-fabricated steel products, the company’s offerings are primarily utilized for concrete reinforcement. Such products are integral to the construction of a wide array of structures, from commercial and residential buildings, healthcare facilities, and convention centers to industrial and power plants, highways, bridges, and expansive public venues like arenas, stadiums, and dams. Beyond its fabrication activities, CMC supplies construction-related equipment and products, both for sale and rent, catering to concrete installers and other commercial enterprises. Additionally, the firm produces niche items such as robust strength bars for the truck trailer industry, specialized bar steels engineered for the energy market, and armor plates designated for military vehicles. These diverse metal solutions, including various rebar forms, merchant bars, wire rods, fabricated meshes, and pre-assembled rebar cages, reach a broad customer base encompassing fabricators, manufacturers, distributors, and construction firms. Founded in 1915, Commercial Metals Company maintains its corporate headquarters in Irving, Texas.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2025/03/20 — 2 quarter 2025

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue8,799,5337,925,9727,798,480
Gross Profit1,811,9151,358,6851,220,156
EBITDA1,380,924963,931438,920
Operating Income1,168,380693,604519,922
Net Income859,760485,49184,662

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets6,639,0946,817,8397,171,834
Total Liabilities2,517,9802,517,8152,978,508
Total Stockholders Equity4,120,8734,299,7764,193,326
Total Debt1,154,7971,189,6211,354,295
Cash and Cash Equivalents592,332857,9221,043,252

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow1,344,103899,708715,070
Capital Expenditure-606,665-324,271-402,821
Free Cash Flow737,438575,437312,249
Net Income859,760485,49184,662
Net Change in Cash-83,526263,838186,349

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2029Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)7,487,417.588Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)8,015,939.334Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)7,783,058.933Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)961,549.509Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)1,029,423.354Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)999,516.376Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)759,170.889Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)829,671.938Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)798,607.257Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)573,587.551Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)614,075.942Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)596,235.706Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)7Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)7.270Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)6.650Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)3Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)2Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
7.926B  ?P/S
 (TTM)
: 
0.98
?Net Income
 (TTM)
: 
485.491M  ?P/E
 (TTM)
: 
16.29
?Enterprise Value
 (TTM)
: 
11.09B  ?EV/FCF
 (TTM)
: 
28.18
?Dividend Yield
 (TTM)
: 
0.01  ?Payout Ratio
 (TTM)
: 
0.16
?ROE
 (TTM)
: 
0.12  ?ROIC
 (TTM)
: 
0.07
?Net Debt
 (TTM)
: 
436.367M  ?Debt/Equity
 (TTM)
: 
0.76
?P/B
 (TTM)
: 
1.87  ?Current Ratio
 (TTM)
: 
2.38

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
12.20Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

Strengths (preview)
  • Solid Financial Performance in Recent Quarter: CMC reported net earnings of $25.5 million or $0.22 per diluted share in its Fiscal 2025 Q2 earnings, reflecting a stable income stream as highlighted in the earnings call transcript. This performance underscores the company’s ability to generate consistent profitability amidst market fluctuations.
  • Strategic Investments for Growth: The earnings call summary indicates that CMC is actively pursuing strategic investments to bolster long-term growth. These initiatives demonstrate proactive management focused on enhancing operational capabilities and market positioning.
  • Positive Operating Cash Flow: Analysis of the cash flow statements reveals positive net cash provided by operating activities, indicating strong liquidity and the ability to fund operations and investments internally without excessive reliance on external financing.

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates CMC intrinsic value between $29.43 – $72.27 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about CMC valuation

Is Commercial Metals Company (CMC) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Commercial Metals Company (CMC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is CMC a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CMC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is CMC’s P/E ratio?

You can see CMC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for CMC?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is CMC a good long-term investment?

Whether CMC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

CMC

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-0.83
MARKETSnap

Trading Metrics:

Open: 75.3   Previous Close: 75.76
Day Low: 74.83   Day High: 75.83
Year Low: 47.06   Year High: 84.87
Price Avg 50: 68.99   Price Avg 200: 66.52
Volume: 96558   Average Volume: 1.127M

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CMC full analysis

08/01/2026

YouTube Video Transcript: Comprehensive Stock Analysis of Commercial Metals Company (CMC) Hey everyone, welcome back to the channel! I’m thrilled to dive into another deep-dive stock analysis with you today. If you’re looking to make informed investment decisions or just love geeking out over financials like I do, you’re in the right place. Today, we’re breaking down Commercial Metals Company, ticker symbol CMC, a key player in the steel and metals industry. We’ll cover everything from their business model to…

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See in Nexus

Relevant news

CMC Markets Plc (CCMMF) Q4 2026 Earnings Call Prepared Remarks Transcript
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Commercial Metals Company (CMC) Q2 2026 Earnings Call Transcript
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Commercial Metals Company (CMC) Q2 2026 Earnings Call Transcript
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CMC Announces an 11% Increase in Quarterly Dividend

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