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Side-by-side financial comparison of COMMERCIAL METALS Co (CMC) and Expedia Group (EXPE). Click either name above to swap in a different company.

Expedia Group is the larger business by last-quarter revenue ($3.5B vs $2.1B, roughly 1.7× COMMERCIAL METALS Co). COMMERCIAL METALS Co runs the higher net margin — 8.4% vs 5.8%, a 2.6% gap on every dollar of revenue. On growth, Expedia Group posted the faster year-over-year revenue change (18.7% vs 11.0%). Over the past eight quarters, COMMERCIAL METALS Co's revenue compounded faster (7.1% CAGR vs -0.2%).

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.

Expedia Inc. is an online travel agency owned by Expedia Group, based in Seattle. The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, activities and vacation rentals. Expedia.com was launched on October 22, 1996 by Microsoft.

CMC vs EXPE — Head-to-Head

Bigger by revenue
EXPE
EXPE
1.7× larger
EXPE
$3.5B
$2.1B
CMC
Growing faster (revenue YoY)
EXPE
EXPE
+7.7% gap
EXPE
18.7%
11.0%
CMC
Higher net margin
CMC
CMC
2.6% more per $
CMC
8.4%
5.8%
EXPE
Faster 2-yr revenue CAGR
CMC
CMC
Annualised
CMC
7.1%
-0.2%
EXPE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CMC
CMC
EXPE
EXPE
Revenue
$2.1B
$3.5B
Net Profit
$177.3M
$205.0M
Gross Margin
19.2%
Operating Margin
8.6%
11.8%
Net Margin
8.4%
5.8%
Revenue YoY
11.0%
18.7%
Net Profit YoY
200.9%
202.5%
EPS (diluted)
$1.58
$1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMC
CMC
EXPE
EXPE
Q1 26
$3.5B
Q4 25
$2.1B
$3.5B
Q3 25
$2.1B
$4.4B
Q2 25
$2.0B
$3.8B
Q1 25
$1.8B
$3.0B
Q4 24
$1.9B
$3.2B
Q3 24
$2.0B
$4.1B
Q2 24
$2.1B
$3.6B
Net Profit
CMC
CMC
EXPE
EXPE
Q1 26
$205.0M
Q4 25
$177.3M
$205.0M
Q3 25
$151.8M
$959.0M
Q2 25
$83.1M
$330.0M
Q1 25
$25.5M
$-200.0M
Q4 24
$-175.7M
$299.0M
Q3 24
$103.9M
$684.0M
Q2 24
$119.4M
$386.0M
Gross Margin
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
19.2%
Q3 25
18.6%
Q2 25
14.8%
Q1 25
12.5%
Q4 24
16.1%
Q3 24
16.2%
Q2 24
16.4%
Operating Margin
CMC
CMC
EXPE
EXPE
Q1 26
11.8%
Q4 25
8.6%
11.8%
Q3 25
9.1%
23.5%
Q2 25
5.4%
12.8%
Q1 25
2.1%
-2.3%
Q4 24
-12.1%
6.8%
Q3 24
6.7%
18.8%
Q2 24
7.7%
12.7%
Net Margin
CMC
CMC
EXPE
EXPE
Q1 26
5.8%
Q4 25
8.4%
5.8%
Q3 25
7.2%
21.7%
Q2 25
4.1%
8.7%
Q1 25
1.5%
-6.7%
Q4 24
-9.2%
9.4%
Q3 24
5.2%
16.8%
Q2 24
5.7%
10.8%
EPS (diluted)
CMC
CMC
EXPE
EXPE
Q1 26
$1.56
Q4 25
$1.58
$1.56
Q3 25
$1.33
$7.33
Q2 25
$0.73
$2.48
Q1 25
$0.22
$-1.56
Q4 24
$-1.54
$2.10
Q3 24
$0.90
$5.04
Q2 24
$1.02
$2.80

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMC
CMC
EXPE
EXPE
Cash + ST InvestmentsLiquidity on hand
$1.0B
$5.7B
Total DebtLower is stronger
$3.3B
$6.2B
Stockholders' EquityBook value
$4.3B
$1.3B
Total Assets
$9.2B
$24.5B
Debt / EquityLower = less leverage
0.77×
4.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMC
CMC
EXPE
EXPE
Q1 26
$5.7B
Q4 25
$1.0B
$5.7B
Q3 25
$1.0B
$6.2B
Q2 25
$893.0M
$6.7B
Q1 25
$758.4M
$6.1B
Q4 24
$856.1M
$4.5B
Q3 24
$857.9M
$4.9B
Q2 24
$698.3M
$6.3B
Total Debt
CMC
CMC
EXPE
EXPE
Q1 26
$6.2B
Q4 25
$3.3B
$6.2B
Q3 25
$1.3B
$6.2B
Q2 25
$1.3B
$6.2B
Q1 25
$1.2B
$6.2B
Q4 24
$1.1B
$6.3B
Q3 24
$1.2B
$6.3B
Q2 24
$1.1B
$6.3B
Stockholders' Equity
CMC
CMC
EXPE
EXPE
Q1 26
$1.3B
Q4 25
$4.3B
$1.3B
Q3 25
$4.2B
$1.3B
Q2 25
$4.1B
$836.0M
Q1 25
$4.0B
$1.1B
Q4 24
$4.0B
$1.6B
Q3 24
$4.3B
$1.3B
Q2 24
$4.3B
$889.0M
Total Assets
CMC
CMC
EXPE
EXPE
Q1 26
$24.5B
Q4 25
$9.2B
$24.5B
Q3 25
$7.2B
$25.1B
Q2 25
$7.0B
$27.0B
Q1 25
$6.7B
$26.1B
Q4 24
$6.8B
$22.4B
Q3 24
$6.8B
$23.4B
Q2 24
$6.7B
$25.9B
Debt / Equity
CMC
CMC
EXPE
EXPE
Q1 26
4.80×
Q4 25
0.77×
4.80×
Q3 25
0.31×
4.65×
Q2 25
0.32×
7.43×
Q1 25
0.29×
5.79×
Q4 24
0.29×
4.02×
Q3 24
0.27×
4.74×
Q2 24
0.27×
7.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMC
CMC
EXPE
EXPE
Operating Cash FlowLast quarter
$204.2M
Free Cash FlowOCF − Capex
$78.8M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$296.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
$204.2M
$304.0M
Q3 25
$315.2M
$-497.0M
Q2 25
$154.4M
$1.1B
Q1 25
$32.4M
$3.0B
Q4 24
$213.0M
$198.0M
Q3 24
$351.8M
$-1.5B
Q2 24
$197.9M
$1.5B
Free Cash Flow
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
$78.8M
$119.0M
Q3 25
$206.3M
$-686.0M
Q2 25
$65.0M
$921.0M
Q1 25
$-53.8M
$2.8B
Q4 24
$94.8M
$7.0M
Q3 24
$270.3M
$-1.7B
Q2 24
$115.8M
$1.3B
FCF Margin
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
3.7%
3.4%
Q3 25
9.8%
-15.5%
Q2 25
3.2%
24.3%
Q1 25
-3.1%
92.2%
Q4 24
5.0%
0.2%
Q3 24
13.5%
-41.6%
Q2 24
5.6%
36.7%
Capex Intensity
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
5.9%
5.2%
Q3 25
5.2%
4.3%
Q2 25
4.4%
5.3%
Q1 25
4.9%
6.6%
Q4 24
6.2%
6.0%
Q3 24
4.1%
4.8%
Q2 24
3.9%
5.5%
Cash Conversion
CMC
CMC
EXPE
EXPE
Q1 26
Q4 25
1.15×
1.48×
Q3 25
2.08×
-0.52×
Q2 25
1.86×
3.40×
Q1 25
1.27×
Q4 24
0.66×
Q3 24
3.39×
-2.18×
Q2 24
1.66×
3.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CMC
CMC

Steel Products$670.8M32%
Downstream Products$505.3M24%
Construction Solutions Group$314.4M15%
Europe Steel Group$200.0M9%
Precast Products$141.6M7%
Construction Products$78.4M4%
Foley Products Company LLC$75.1M4%
Concrete Pipe And Precast LLC$69.4M3%
Ground Stabilization Products$49.9M2%

EXPE
EXPE

Segment breakdown not available.

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