MARKETS / NYSE / Materials / Steel and metals / CMC

NYSE · STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) · LARGE CAP

Commercial Metals Co. CMC

17 fiscal years on record · USD · FY2025 reported · SEC filings only

4 YEARS OF DIVIDEND GROWTH

Revenue

$7.8B

▼ 1.6% YoY

Net income

$84.7M

▼ 82.6% YoY

Free cash flow

$312.2M

▼ 45.7% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

CMC offers products and technologies, through a manufacturing network principally located in the United States and Central Europe, to meet the reinforcement needs of the construction sector. As of August 31, 2025, it had approximately 12,690 employees: 8,171 in its North America Steel Group segment, 1,421 in its Emerging Businesses Group segment, 2,702 in its Europe Steel Group segment, and 396 in Corporate and Other. Its operations are conducted through three reportable segments: North America Steel Group, Emerging Businesses Group and Europe Steel Group. Its North America Steel Group segment, composed of a vertically integrated network of recycling facilities, steel mills and fabrication operations, provides products and solutions to support the construction sector. Its Emerging Businesses Group segment provides construction-related solutions and products to serve domestic and international markets adjacent to those served by its North America Steel Group and Europe Steel Group segments. Its Europe Steel Group segment is composed of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. CMC was founded in 1915 as a single scrap yard in Dallas, Texas.

Written from the business description in Commercial Metals Company's annual report to the U.S. Securities and Exchange Commission, filed 16 October 2025. Every sentence was checked against that document before publication.

Growth

USD 7.8B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 7.8 · Net income 0.1

4B8B

2009201220152018202120242025

Compound annual growth

Revenue

−4.4%

+7.3%

+3.7%

+1.5%

Net income

−58.9%

−21.2%

+0.6%

EPS, diluted

−57.9%

−20.4%

+1.0%

Dividend / share

+8.7%

+8.4%

+4.1%

Returned to shareholders

+6.9%

+37.5%

+11.1%

+11.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 1.4% · Net 1.1%

5%10%15%-1%-2%-3%

200920172025

ROE

FY2025 · ROE 2.0%

20%40%-5%-10%

200920172025

Three returns, three denominators.

Return on equity2.0%

Return on assets1.2%

Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Gross margin15.6%

Operating margin1.4%

Net margin1.1%

EBITDAUSD 393.4M

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders

USD 280.3M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 312.2

300M600M-300M-600M

200920172025

Net buybacks $M Dividends $M

FY2025 · Dividends 81.4 · Net buybacks 198.8

100M200MDividendsNet buybacks

200920112013201520172019202120232025

Dividends paidUSD 81.4M

Net buybacksUSD 198.8M

Share of profit331.0%

Consecutive raises4 years

USD 81.4M in dividends and USD 198.8M in buybacks — 331% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 7.2B

EquityUSD 4.2B

CashUSD 1.0B

Gross debtUSD 1.4B

Net debtUSD 308.4M

Current ratio2.78×

Net debt stands at 7% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

CMC, 17-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	7.8	7.9	8.8	8.9	6.7	5.5	5.8	4.6	3.8	3.6	5.4	6.8	6.6	7.7	7.7	6.3	6.4
Operating income $B	0.1	0.6	1.1	1.5	0.5	0.4	0.3	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
EBITDA $B	0.4	0.9	1.3	1.7	0.7	0.5	0.4	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Income tax $B	0.0	0.2	0.3	0.3	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.1	−0.0	0.0	−0.1	0.0
Net income $B	0.1	0.5	0.9	1.2	0.4	0.3	0.2	0.1	0.0	0.1	0.1	0.1	0.1	0.2	−0.1	−0.2	0.0
Free cash flow $B	0.3	0.6	0.7	0.3	0.0	0.6	−0.1	−0.6	−0.7	0.4	0.2	0.0	0.1	0.1	−0.0	−0.1	0.4
EPS, diluted $	0.74	4.14	7.25	9.95	3.38	2.32	1.66	1.17	0.39	0.47	0.67	0.95	0.66	1.78	−1.12	−1.81	0.18
Dividend / sh $	0.72	0.68	0.64	0.56	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	◌	◌	◌
Payout %	96	16	9	6	14	20	29	40	120	101	70	50	72	27	−43	−27	260
ROE %	2.0	11.5	23.2	43.6	19.7	15.9	12.7	9.6	3.3	4.0	5.8	8.6	6.1	17.2	−10.8	−14.8	1.4
Shares out B	0.11	0.11	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.11	0.12	0.12	0.12	0.12	0.12	0.11	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

PG · MT · RIO · BHP · NKE · DOW

Provenance

Company facts, as filed

How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivitySteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Listed onNYSE

Incorporated inDelaware

Fiscal year endsAugust 31

Data on record since2009

Commercial Metals Co. CMC

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 17-year record

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders