Commercial Metals Company (CMC) Income Statement
CMC FY2026 at a glance
Fiscal year ended August 31, 2026 · U.S. dollarsCMC revenue and net income
Where CMC's revenue goes
FY2026Each bar shows an amount and its share of revenue. CMC kept 7.0% of revenue as net income.
CMC profit margins
CMC growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20.5% | +2.2% | +6.9% | +10.1% |
| Gross profit | +43.6% | −1.1% | +9.6% | +11.8% |
| Operating income | +64.3% | −9.9% | +7.3% | +16.2% |
| Net income | +674.7% | −8.6% | +9.7% | +28.2% |
| EPS (diluted) | +116.5% | −2.6% | +14.0% | +22.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CMC quarterly EPS vs estimates
Commercial Metals beat the analyst EPS estimate in 4 of the last 8 quarters.
CMC income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.39B | $7.80B | $7.93B | $8.80B | $8.91B | $6.73B | $5.48B | $5.83B | $4.64B | $3.84B |
| Cost of revenue | $7.64B | $6.58B | $6.57B | $6.99B | $7.06B | $5.62B | $4.53B | $5.03B | $4.02B | $3.32B |
| Gross profit | $1.75B | $1.22B | $1.36B | $1.81B | $1.86B | $1.11B | $944.8M | $803.5M | $622.2M | $521.4M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $882.0M | $700.2M | $665.1M | $643.5M | $545.0M | $496.3M | $504.6M | $463.3M | $401.5M | $426.5M |
| Total operating expenses | $897.3M | $700.2M | $665.1M | $643.5M | $545.0M | $505.1M | $503.8M | $463.3M | $622.2M | $521.4M |
| Operating income | $854.3M | $519.9M | $693.6M | $1.17B | $1.31B | $600.7M | $440.2M | $340.2M | $220.7M | $134.0M |
| Interest income | — | $45.5M | $47.9M | $40.1M | $50.7M | $51.9M | $61.8M | $70.2M | $48.0M | $35.0M |
| Interest expense | $143.3M | $45.5M | $47.9M | $40.1M | $50.7M | $51.9M | $61.8M | $71.4M | $41.0M | $44.2M |
| Income before taxes | $711.0M | $107.5M | $635.7M | $1.12B | $1.52B | $534.0M | $370.8M | $268.5M | $165.4M | $65.5M |
| Income taxes | $55.2M | $22.9M | $150.2M | $262.2M | $297.9M | $121.2M | $92.5M | $69.7M | $30.1M | $15.3M |
| Net income | $655.8M | $84.7M | $485.5M | $859.8M | $1.22B | $412.9M | $279.5M | $198.1M | $138.5M | $46.3M |
| EBITDA | $1.25B | $438.9M | $963.9M | $1.38B | $1.74B | $753.5M | $598.4M | $498.5M | $338.0M | $234.7M |
| EPS (diluted) | $6.82 | $3.15 | $4.43 | $7.39 | $8.21 | $3.54 | $2.64 | $2.07 | $1.52 | $0.98 |
| Gross margin | 18.6% | 15.6% | 17.1% | 20.6% | 20.8% | 16.4% | 17.3% | 13.8% | 13.4% | 13.6% |
| Operating margin | 9.1% | 6.7% | 8.8% | 13.3% | 14.7% | 8.9% | 8.0% | 5.8% | 4.8% | 3.5% |
| Net margin | 7.0% | 1.1% | 6.1% | 9.8% | 13.7% | 6.1% | 5.1% | 3.4% | 3.0% | 1.2% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.66B | $2.48B | $2.13B | $2.12B | $2.11B | $2.02B | $1.75B | $1.91B | $2.00B | $2.08B | $1.85B | $2.00B |
| Cost of revenue | $2.16B | $2.03B | $1.74B | $1.71B | $1.72B | $1.72B | $1.53B | $1.60B | $1.67B | $1.74B | $1.55B | $1.61B |
| Gross profit | $501.5M | $455.1M | $387.9M | $407.1M | $392.8M | $299.9M | $219.5M | $307.9M | $323.1M | $340.4M | $296.2M | $394.8M |
| Sales, general & admin | $230.9M | $222.3M | $233.2M | $195.6M | $179.0M | $175.8M | $167.6M | $177.9M | $167.1M | $168.0M | $167.4M | $162.5M |
| Total operating expenses | $230.9M | $222.3M | $233.2M | $195.6M | $179.0M | $175.8M | $167.6M | $177.9M | $167.1M | $168.0M | $167.4M | $163.3M |
| Operating income | $270.6M | $232.8M | $154.7M | $211.5M | $213.8M | $124.2M | $52.0M | $130.0M | $155.9M | $172.4M | $128.8M | $231.4M |
| Interest income | — | — | $40.9M | $24.8M | $12.1M | $10.9M | $11.2M | $11.3M | — | — | — | — |
| Interest expense | $37.4M | $40.2M | $40.9M | $24.8M | $12.1M | $10.9M | $11.2M | $11.3M | $12.1M | $12.1M | $11.9M | $11.8M |
| Income before taxes | $229.5M | $188.8M | $109.7M | $182.9M | $193.2M | $109.5M | $36.1M | −$231.3M | $133.8M | $160.3M | $116.9M | $224.7M |
| Income taxes | $17.0M | $15.8M | $16.7M | $5.7M | $41.5M | $26.4M | $10.6M | −$55.6M | $29.8M | $40.9M | $31.1M | $48.4M |
| Net income | $212.5M | $173.0M | $93.0M | $177.3M | $151.8M | $83.1M | $25.5M | −$175.7M | $103.9M | $119.4M | $85.8M | $176.3M |
| EBITDA | $380.1M | $336.5M | $253.2M | $280.5M | $277.9M | $192.8M | $117.9M | −$149.5M | $218.1M | $243.1M | $197.1M | $305.6M |
| EPS (diluted) | $2.09 | $1.73 | $1.16 | $1.84 | $1.37 | $0.74 | $0.26 | $0.78 | $0.90 | $1.02 | $0.88 | $1.63 |
| Gross margin | 18.9% | 18.3% | 18.2% | 19.2% | 18.6% | 14.8% | 12.5% | 16.1% | 16.2% | 16.4% | 16.0% | 19.7% |
| Operating margin | 10.2% | 9.4% | 7.3% | 10.0% | 10.1% | 6.1% | 3.0% | 6.8% | 7.8% | 8.3% | 7.0% | 11.6% |
| Net margin | 8.0% | 7.0% | 4.4% | 8.4% | 7.2% | 4.1% | 1.5% | −9.2% | 5.2% | 5.7% | 4.6% | 8.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CMC's financial statements (latest annual report filed October 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CMC financial results
In fiscal year 2026 (ended August 31, 2026), Commercial Metals reported revenue of $9.4 billion, up 20.5% from the year before. It had net income of $655.8 million (up 674.7%), a net profit margin of 7.0%. Diluted earnings per share came to $6.82. Over five years revenue grew at an average rate of 6.9% a year.
See the CMC stock overview for the latest quote and news, or the CMC chart for price history and technical indicators.
CMC income statement FAQ
What is Commercial Metals's annual revenue?
Commercial Metals reported total revenue of $9.4 billion for fiscal year 2026, which ended on August 31, 2026. That was up 20.5% from $7.8 billion the previous year.
Is Commercial Metals profitable?
Yes. Commercial Metals reported net income of $655.8 million in fiscal 2026, a net profit margin of 7.0%; its operating margin was 9.1%.
What is Commercial Metals's gross margin?
Commercial Metals's gross margin was 18.6% in fiscal 2026: for every $100 of revenue, Commercial Metals kept $19 after the direct cost of its products and services.
How fast is Commercial Metals growing?
Revenue grew 6.9% a year on average over the last five fiscal years, from $6.7 billion to $9.4 billion.
What are Commercial Metals's earnings per share?
Commercial Metals earned $6.82 per diluted share in fiscal 2026, compared with $3.15 a year earlier.
When does Commercial Metals's fiscal year end?
Commercial Metals's fiscal year ends in August. The latest annual report covers the year ended August 31, 2026 and was filed on October 16, 2026.