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COMMERCIAL METALS Co（CMC）とGraham Holdings Co（GHC）の財務データ比較。上の社名をクリックして会社を切り替えられます
COMMERCIAL METALS Coの直近四半期売上が大きい（$2.1B vs $1.3B、Graham Holdings Coの約1.7倍）。Graham Holdings Coの純利益率が高く（8.7% vs 8.4%、差は0.3%）。COMMERCIAL METALS Coの前年同期比売上増加率が高い（11.0% vs 0.4%）。COMMERCIAL METALS Coの直近四半期フリーキャッシュフローが多い（$78.8M vs $5.0M）。過去8四半期でCOMMERCIAL METALS Coの売上複合成長率が高い（7.1% vs 4.2%）
コマーシャル・メタルズ社（CMC）は米国テキサス州アービングに本社を置き、鉄筋や関連建築資材を製造している。ニューコア社と並び、米国の建物・橋梁・道路などのインフラ向けコンクリート補強鋼材の主要2大サプライヤーの1社で、地盤システムメーカーのTensarを傘下に保有する。
グラハム・ホールディングスは米国バージニア州アーリントン郡に本社を置き、デラウェア州で設立登記された多角的なコングロマリット持株会社です。かつて『ワシントン・ポスト』紙や『ニューズウィーク』誌を所有していた実績があり、北米市場にて豊富な事業運営経験を持っています。
CMC vs GHC — 直接比較
損益計算書 — Q1 FY2026 vs Q4 FY2025
| 指標 | | |
|---|---|---|
| 売上 | $2.1B | $1.3B |
| 純利益 | $177.3M | $108.7M |
| 粗利率 | 19.2% | — |
| 営業利益率 | 8.6% | 3.8% |
| 純利益率 | 8.4% | 8.7% |
| 売上前年比 | 11.0% | 0.4% |
| 純利益前年比 | 200.9% | -80.2% |
| EPS（希薄化後） | $1.58 | $24.76 |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $1.8B | $1.2B |
| Q4 25 | $177.3M | $108.7M | ||
| Q3 25 | $151.8M | $122.9M | ||
| Q2 25 | $83.1M | $36.7M | ||
| Q1 25 | $25.5M | $23.9M | ||
| Q4 24 | $-175.7M | $548.8M | ||
| Q3 24 | $103.9M | $72.5M | ||
| Q2 24 | $119.4M | $-21.0M | ||
| Q1 24 | $85.8M | $124.4M |
| 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% | — | ||
| Q1 24 | 16.0% | — |
| Q4 25 | 8.6% | 3.8% | ||
| Q3 25 | 9.1% | 5.2% | ||
| Q2 25 | 5.4% | 6.0% | ||
| Q1 25 | 2.1% | 4.1% | ||
| Q4 24 | -12.1% | 5.8% | ||
| Q3 24 | 6.7% | 6.8% | ||
| Q2 24 | 7.7% | 2.2% | ||
| Q1 24 | 6.3% | 3.1% |
| Q4 25 | 8.4% | 8.7% | ||
| Q3 25 | 7.2% | 9.6% | ||
| Q2 25 | 4.1% | 3.0% | ||
| Q1 25 | 1.5% | 2.0% | ||
| Q4 24 | -9.2% | 44.1% | ||
| Q3 24 | 5.2% | 6.0% | ||
| Q2 24 | 5.7% | -1.8% | ||
| Q1 24 | 4.6% | 10.8% |
| Q4 25 | $1.58 | $24.76 | ||
| Q3 25 | $1.33 | $27.91 | ||
| Q2 25 | $0.73 | $8.35 | ||
| Q1 25 | $0.22 | $5.45 | ||
| Q4 24 | $-1.54 | $124.05 | ||
| Q3 24 | $0.90 | $16.42 | ||
| Q2 24 | $1.02 | $-4.79 | ||
| Q1 24 | $0.73 | $27.72 |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $1.0B | $267.0M |
| 総負債低いほど良い | $3.3B | — |
| 株主資本純資産 | $4.3B | $4.8B |
| 総資産 | $9.2B | $8.4B |
| 負債/資本比率低いほどレバレッジが低い | 0.77× | — |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $1.0B | $267.0M | ||
| Q3 25 | $1.0B | $190.8M | ||
| Q2 25 | $893.0M | $176.2M | ||
| Q1 25 | $758.4M | $156.7M | ||
| Q4 24 | $856.1M | $260.9M | ||
| Q3 24 | $857.9M | $244.4M | ||
| Q2 24 | $698.3M | $140.7M | ||
| Q1 24 | $638.3M | $130.9M |
| 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 | — | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $4.3B | $4.8B | ||
| Q3 25 | $4.2B | $4.5B | ||
| Q2 25 | $4.1B | $4.4B | ||
| Q1 25 | $4.0B | $4.3B | ||
| Q4 24 | $4.0B | $4.3B | ||
| Q3 24 | $4.3B | $4.0B | ||
| Q2 24 | $4.3B | $4.0B | ||
| Q1 24 | $4.2B | $4.0B |
| Q4 25 | $9.2B | $8.4B | ||
| Q3 25 | $7.2B | $7.9B | ||
| Q2 25 | $7.0B | $7.6B | ||
| Q1 25 | $6.7B | $7.6B | ||
| Q4 24 | $6.8B | $7.7B | ||
| Q3 24 | $6.8B | $7.4B | ||
| Q2 24 | $6.7B | $7.2B | ||
| Q1 24 | $6.7B | $7.3B |
| 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× | — | ||
| Q1 24 | 0.27× | — |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $204.2M | $28.3M |
| フリーキャッシュフロー営業CF - 設備投資 | $78.8M | $5.0M |
| FCFマージンFCF / 売上 | 3.7% | 0.4% |
| 設備投資強度設備投資 / 売上 | 5.9% | 1.9% |
| キャッシュ転換率営業CF / 純利益 | 1.15× | 0.26× |
| 直近12ヶ月FCF直近4四半期 | $296.2M | $275.3M |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $204.2M | $28.3M | ||
| Q3 25 | $315.2M | $178.1M | ||
| Q2 25 | $154.4M | $94.8M | ||
| Q1 25 | $32.4M | $46.0M | ||
| Q4 24 | $213.0M | $116.3M | ||
| Q3 24 | $351.8M | $237.6M | ||
| Q2 24 | $197.9M | $52.0M | ||
| Q1 24 | $89.0M | $1.1M |
| Q4 25 | $78.8M | $5.0M | ||
| Q3 25 | $206.3M | $161.8M | ||
| Q2 25 | $65.0M | $78.0M | ||
| Q1 25 | $-53.8M | $30.5M | ||
| Q4 24 | $94.8M | $91.1M | ||
| Q3 24 | $270.3M | $219.4M | ||
| Q2 24 | $115.8M | $33.7M | ||
| Q1 24 | $-4.8M | $-20.2M |
| Q4 25 | 3.7% | 0.4% | ||
| Q3 25 | 9.8% | 12.6% | ||
| Q2 25 | 3.2% | 6.4% | ||
| Q1 25 | -3.1% | 2.6% | ||
| Q4 24 | 5.0% | 7.3% | ||
| Q3 24 | 13.5% | 18.2% | ||
| Q2 24 | 5.6% | 2.8% | ||
| Q1 24 | -0.3% | -1.8% |
| Q4 25 | 5.9% | 1.9% | ||
| Q3 25 | 5.2% | 1.3% | ||
| Q2 25 | 4.4% | 1.4% | ||
| Q1 25 | 4.9% | 1.3% | ||
| Q4 24 | 6.2% | 2.0% | ||
| Q3 24 | 4.1% | 1.5% | ||
| Q2 24 | 3.9% | 1.5% | ||
| Q1 24 | 5.1% | 1.8% |
| Q4 25 | 1.15× | 0.26× | ||
| Q3 25 | 2.08× | 1.45× | ||
| Q2 25 | 1.86× | 2.58× | ||
| Q1 25 | 1.27× | 1.93× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | 3.39× | 3.28× | ||
| Q2 24 | 1.66× | — | ||
| Q1 24 | 1.04× | 0.01× |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
CMC
| Steel Products | $670.8M | 32% |
| Downstream Products | $505.3M | 24% |
| Construction Solutions Group | $314.4M | 15% |
| Europe Steel Group | $200.0M | 9% |
| Precast Products | $141.6M | 7% |
| Construction Products | $78.4M | 4% |
| Foley Products Company LLC | $75.1M | 4% |
| Concrete Pipe And Precast LLC | $69.4M | 3% |
| Ground Stabilization Products | $49.9M | 2% |
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
