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

Textron is the larger business by last-quarter revenue ($3.7B vs $2.1B, roughly 1.7× COMMERCIAL METALS Co). COMMERCIAL METALS Co runs the higher net margin — 8.4% vs 6.0%, a 2.4% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (11.8% vs 11.0%). Over the past eight quarters, COMMERCIAL METALS Co's revenue compounded faster (7.1% CAGR vs 3.8%).

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.

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

CMC vs TXT — Head-to-Head

Bigger by revenue
TXT
TXT
1.7× larger
TXT
$3.7B
$2.1B
CMC
Growing faster (revenue YoY)
TXT
TXT
+0.7% gap
TXT
11.8%
11.0%
CMC
Higher net margin
CMC
CMC
2.4% more per $
CMC
8.4%
6.0%
TXT
Faster 2-yr revenue CAGR
CMC
CMC
Annualised
CMC
7.1%
3.8%
TXT

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
CMC
CMC
TXT
TXT
Revenue
$2.1B
$3.7B
Net Profit
$177.3M
$220.0M
Gross Margin
19.2%
Operating Margin
8.6%
Net Margin
8.4%
6.0%
Revenue YoY
11.0%
11.8%
Net Profit YoY
200.9%
6.3%
EPS (diluted)
$1.58
$1.25

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
TXT
TXT
Q1 26
$3.7B
Q4 25
$2.1B
$4.2B
Q3 25
$2.1B
$3.6B
Q2 25
$2.0B
$3.7B
Q1 25
$1.8B
$3.3B
Q4 24
$1.9B
$3.6B
Q3 24
$2.0B
$3.4B
Q2 24
$2.1B
Net Profit
CMC
CMC
TXT
TXT
Q1 26
$220.0M
Q4 25
$177.3M
$235.0M
Q3 25
$151.8M
$234.0M
Q2 25
$83.1M
$245.0M
Q1 25
$25.5M
$207.0M
Q4 24
$-175.7M
$141.0M
Q3 24
$103.9M
$223.0M
Q2 24
$119.4M
Gross Margin
CMC
CMC
TXT
TXT
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
TXT
TXT
Q1 26
Q4 25
8.6%
Q3 25
9.1%
Q2 25
5.4%
Q1 25
2.1%
Q4 24
-12.1%
3.6%
Q3 24
6.7%
7.4%
Q2 24
7.7%
Net Margin
CMC
CMC
TXT
TXT
Q1 26
6.0%
Q4 25
8.4%
5.6%
Q3 25
7.2%
6.5%
Q2 25
4.1%
6.6%
Q1 25
1.5%
6.3%
Q4 24
-9.2%
3.9%
Q3 24
5.2%
6.5%
Q2 24
5.7%
EPS (diluted)
CMC
CMC
TXT
TXT
Q1 26
$1.25
Q4 25
$1.58
Q3 25
$1.33
Q2 25
$0.73
Q1 25
$0.22
$1.13
Q4 24
$-1.54
Q3 24
$0.90
Q2 24
$1.02

Balance Sheet & Financial Strength

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

Metric
CMC
CMC
TXT
TXT
Cash + ST InvestmentsLiquidity on hand
$1.0B
$1.5B
Total DebtLower is stronger
$3.3B
$3.5B
Stockholders' EquityBook value
$4.3B
$8.0B
Total Assets
$9.2B
$18.1B
Debt / EquityLower = less leverage
0.77×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMC
CMC
TXT
TXT
Q1 26
$1.5B
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$893.0M
Q1 25
$758.4M
Q4 24
$856.1M
Q3 24
$857.9M
Q2 24
$698.3M
Total Debt
CMC
CMC
TXT
TXT
Q1 26
$3.5B
Q4 25
$3.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CMC
CMC
TXT
TXT
Q1 26
$8.0B
Q4 25
$4.3B
Q3 25
$4.2B
$7.5B
Q2 25
$4.1B
$7.4B
Q1 25
$4.0B
$7.3B
Q4 24
$4.0B
$7.2B
Q3 24
$4.3B
$7.0B
Q2 24
$4.3B
Total Assets
CMC
CMC
TXT
TXT
Q1 26
$18.1B
Q4 25
$9.2B
Q3 25
$7.2B
$17.4B
Q2 25
$7.0B
$17.1B
Q1 25
$6.7B
$16.9B
Q4 24
$6.8B
$16.8B
Q3 24
$6.8B
$16.5B
Q2 24
$6.7B
Debt / Equity
CMC
CMC
TXT
TXT
Q1 26
0.43×
Q4 25
0.77×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.29×
Q4 24
0.29×
Q3 24
0.27×
Q2 24
0.27×

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
TXT
TXT
Operating Cash FlowLast quarter
$204.2M
Free Cash FlowOCF − Capex
$78.8M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
5.9%
3.6%
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
TXT
TXT
Q1 26
Q4 25
$204.2M
$700.0M
Q3 25
$315.2M
$349.0M
Q2 25
$154.4M
$387.0M
Q1 25
$32.4M
$-124.0M
Q4 24
$213.0M
$446.0M
Q3 24
$351.8M
$208.0M
Q2 24
$197.9M
Free Cash Flow
CMC
CMC
TXT
TXT
Q1 26
Q4 25
$78.8M
$527.0M
Q3 25
$206.3M
$273.0M
Q2 25
$65.0M
$309.0M
Q1 25
$-53.8M
$-180.0M
Q4 24
$94.8M
$293.0M
Q3 24
$270.3M
$137.0M
Q2 24
$115.8M
FCF Margin
CMC
CMC
TXT
TXT
Q1 26
Q4 25
3.7%
12.6%
Q3 25
9.8%
7.6%
Q2 25
3.2%
8.3%
Q1 25
-3.1%
-5.4%
Q4 24
5.0%
8.1%
Q3 24
13.5%
4.0%
Q2 24
5.6%
Capex Intensity
CMC
CMC
TXT
TXT
Q1 26
3.6%
Q4 25
5.9%
4.1%
Q3 25
5.2%
2.1%
Q2 25
4.4%
2.1%
Q1 25
4.9%
1.7%
Q4 24
6.2%
4.2%
Q3 24
4.1%
2.1%
Q2 24
3.9%
Cash Conversion
CMC
CMC
TXT
TXT
Q1 26
Q4 25
1.15×
2.98×
Q3 25
2.08×
1.49×
Q2 25
1.86×
1.58×
Q1 25
1.27×
-0.60×
Q4 24
3.16×
Q3 24
3.39×
0.93×
Q2 24
1.66×

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%

TXT
TXT

Textron Aviation (a)$1.5B40%
Bell$1.1B29%
Industrial$786.0M21%
Textron Systems (a)$338.0M9%
FINANCE$16.0M0%

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