COMMERCIAL METALS CoCMCEarnings & Financial Report
Commercial Metals Company (CMC) is a company that produces rebar and related construction materials headquartered in Irving, Texas. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.
Revenue
$2.0B
Gross Profit
$299.9M
Operating Profit
$109.5M
Net Profit
$83.1M
Gross Margin
14.8%
Operating Margin
5.4%
Net Margin
4.1%
YoY Growth
-2.8%
EPS
$0.73
COMMERCIAL METALS Co Q3 FY2025 Financial Summary
COMMERCIAL METALS Co reported revenue of $2.0B (down 2.8% YoY) for Q3 FY2025, with a net profit of $83.1M (down 30.4% YoY) (4.1% margin). Cost of goods sold was $1.7B, operating expenses totaled $190.4M.
Key Financial Metrics
| Total Revenue | $2.0B |
|---|---|
| Net Profit | $83.1M |
| Gross Margin | 14.8% |
| Operating Margin | 5.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
COMMERCIAL METALS Co Q3 FY2025 revenue of $2.0B breaks down across 7 segments, led by Steel Products at $666.3M (33.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Steel Products | $666.3M | 33.0% |
| Downstream Products | $506.6M | 25.1% |
| Raw Material Products | $331.1M | 16.4% |
| Other | $310.9M | 15.4% |
| Construction Products | $78.2M | 3.9% |
| Ground Stabilization Products | $68.6M | 3.4% |
| Other Product | $58.2M | 2.9% |
COMMERCIAL METALS Co Revenue by Segment — Quarterly Trend
COMMERCIAL METALS Co revenue by segment across the last 4 reported quarters, showing how each business line (such as Steel Products and Downstream Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Steel Products | $670.8M | $679.8M | $666.3M | $592.5M |
| Downstream Products | $505.3M | $531.1M | $506.6M | $428.5M |
| Raw Material Products | — | $346.7M | $331.1M | $317.8M |
| Other | — | $325.8M | $310.9M | $301.6M |
| Construction Products | $78.4M | $84.2M | $78.2M | $65.7M |
COMMERCIAL METALS Co Annual Revenue by Year
COMMERCIAL METALS Co annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.8B |
| 2024 | $7.9B |
| 2023 | $8.8B |
| 2022 | $8.9B |
COMMERCIAL METALS Co Quarterly Revenue & Net Profit History
COMMERCIAL METALS Co results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.1B | +11.0% | $177.3M | 8.4% |
| Q4 FY2025 | $2.1B | +5.9% | $151.8M | 7.2% |
| Q3 FY2025 | $2.0B | -2.8% | $83.1M | 4.1% |
| Q2 FY2025 | $1.8B | -5.1% | $25.5M | 1.5% |
| Q1 FY2025 | $1.9B | -4.7% | $-175.7M | -9.2% |
| Q4 FY2024 | $2.0B | -9.6% | $103.9M | 5.2% |
| Q3 FY2024 | $2.1B | -11.4% | $119.4M | 5.7% |
| Q2 FY2024 | $1.8B | -8.4% | $85.8M | 4.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.85B | $2.08B | $2.00B | $1.91B | $1.75B | $2.02B | $2.11B | $2.12B |
| YoY Growth | -8.4% | -11.4% | -9.6% | -4.7% | -5.1% | -2.8% | 5.9% | 11.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.66B | $6.71B | $6.82B | $6.77B | $6.69B | $6.99B | $7.17B | $9.24B |
| Liabilities | $2.44B | $2.45B | $2.52B | $2.76B | $2.68B | $2.90B | $2.98B | $4.93B |
| Equity | $4.22B | $4.26B | $4.30B | $4.02B | $4.01B | $4.10B | $4.19B | $4.31B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $89.0M | $197.9M | $351.8M | $213.0M | $32.4M | $154.4M | $315.2M | $204.2M |