Inside the research
Commercial Metals Company
CMC Research profile · latest available data
Price overview
$65.73
▲ +1.51 (+2.4%)
| 52w hi | $82.67 |
|---|---|
| 52w lo | $54.70 |
| Vol | 879.60K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.02
| Short | -0.19 |
|---|---|
| Medium | -0.05 |
| Long | +0.35 |
computed 2026-09-27
Key fundamentals
Commercial Metals Company
Industrials · Metal Fabrication
| Market cap | $7.27B |
|---|---|
| Enterprise value | $10.34B |
| Trailing P/E | 12.43x |
| Forward P/E | 9.01x |
| EV / EBITDA | 8.58x |
| P / S (ttm) | 0.82x |
| Profit margin | 6.7% |
| Return on equity | 13.8% |
| Revenue growth | +22.9% |
| Earnings growth | +112.3% |
| Debt / equity | 79.98 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.40 | |
| Sector | -0.01 | |
| Technical | -0.14 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, wire rod, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it sells wire meshes, welded steel mesh, wire rod, cold rolled rebar, cold rolled wire rod, assembled rebar cages and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
Risk Metrics
| Beta vs SPX | 1.36 |
|---|---|
| Corr SPX | 0.58 |
| Annual vol | 38.0% |
| Annual ret | +17.7% |
| Sharpe | 0.47 |
| Max DD | -38.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $77.80 |
|---|---|
| High / Low | $85.00 / $68.00 |
| Median | $77.50 |
| Analysts | 10 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 5 | |
| Hold | 4 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-14 | JP Morgan | → Overweight |
| 2026-03-27 | Wells Fargo | → Overweight |
| 2026-03-27 | JP Morgan | → Overweight |
| 2026-03-02 | Wells Fargo | → Overweight |
| 2026-01-12 | Citigroup | → Buy |
| 2026-01-09 | Morgan Stanley | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Reg FD Disclosure, Other Material Event… | read |
| 2026-06-25 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-24 | Other Material Event, Exhibits | read |
| 2026-04-13 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-03-26 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-25 | Other Material Event, Exhibits | read |
| 2026-01-15 | Shareholder Vote | read |
| 2026-01-08 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-05 | Other Material Event, Exhibits | read |
| 2025-12-17 | Material Agreement, Material Obligation… | read |
| 2025-12-15 | Acquisition / Disposition, Reg FD Disclosure… | read |
| 2025-12-01 | Acquisition / Disposition, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-13 | McPherson John R | Buy | 1.39K | $99.97K | |
| 2026-07-15 | Perkins Tandra C | Grant | 19 | $1.28K | |
| 2026-07-15 | HICKTON DAWNE S | Grant | 4 | $270 | |
| 2026-07-15 | McPherson John R | Grant | 42 | $2.83K | |
| 2026-07-15 | WETHERBEE ROBERT S | Grant | 7 | $472 | |
| 2026-07-15 | ARRIOLA DENNIS V | Grant | 22 | $1.48K | |
| 2026-07-10 | MATT PETER R | President and CEO | Buy | 8.23K | $504.50K |
| 2026-07-01 | McPherson John R | Grant | 592 | $36.24K | |
| 2026-07-01 | MCCULLOUGH GARY E | Grant | 592 | $36.24K | |
| 2026-06-23 | Dumais Michael R | Grant | 1.21K | $86.36K |
Flow & Concentration
| Insider 180d net | $604.47K |
|---|---|
| Insider buys / sells | 2 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 97.3% |
| HHI | 3,432 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $434.14M | 6.92M |
| Fidelity / FMR LLC | $380.25M | 6.06M |
| Capital Research / Capital World | $70.47M | 1.12M |
| AQR Capital Management | $66.42M | 1.06M |
| Norges Bank (Norway sovereign) | $21.99M | 350.37K |
| Citadel Advisors | $17.78M | 283.37K |
| Millennium Management | $9.12M | 145.29K |
| T. Rowe Price Group | $9.29K | 148.03K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.85% |
|---|---|
| $ / share (TTM) | $0.56 |
| 5y CAGR | +8.4% |
Annual dividend per share
| 2021 | $0.50 |
|---|---|
| 2022 | $0.58 |
| 2023 | $0.64 |
| 2024 | $0.70 |
| 2025 | $0.72 |
| 2026 | $0.38 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $994.09M | -26.5% | |
| Gross profit | $150.29M | -3.5% | |
| Net income | $859.76M | +25.4% | |
| Cash from ops | $1.34B | +27.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $64.27 | $66.03 | $64.16 | $65.73 | 879.60K |
| Sep 24 | $64.49 | $65.25 | $63.98 | $64.22 | 886.40K |
| Sep 23 | $64.34 | $65.32 | $63.90 | $64.66 | 670.20K |
| Sep 22 | $64.78 | $65.29 | $64.07 | $65.00 | 1.10M |
| Sep 21 | $64.94 | $64.94 | $63.98 | $63.98 | 1.06M |
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