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Commercial Metals CompanyNYSE:CMC Stock Report

Market Cap US$6.7b
Share Price
US$60.49
My Fair Value
US$66.45
9.0% undervalued intrinsic discount
1Y10.4%
7D-2.5%
Portfolio Value
​
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Commercial Metals Company

NYSE:CMC Stock Report

Market Cap: US$6.7b

Commercial Metals (CMC) Stock Overview

Manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. More details

CMC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 35.3% below our estimate of its fair value

Earnings are forecast to grow 33.89% per year

Risk Analysis

Profit margins (1.1%) are lower than last year (6.1%)

Large one-off items impacting financial results


CMC Community Fair Values

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See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Commercial Metals

Rising Regulations And Global Overcapacity Will Erode Steel Margins

Key Takeaways Industry shifts toward low-carbon materials and automation threaten traditional steel demand, intensifying margin pressure and challenging revenue stability for Commercial Metals. Geographic concentration and exposure to cyclical construction markets increase vulnerability to regional downturns, while volatile input costs and aging infrastructure constrain long-term profitability.
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US$41
FV
47.5% overvalued intrinsic discount
4.03%
Revenue growth p.a.
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Commercial Metals

Accelerated Infrastructure Investments And Green Steel Will Drive Progress

Key Takeaways Transformational cost initiatives and new mill capacity are set to drive sustained margin expansion and potentially significant outperformance versus current expectations. Leadership in green steel and exposure to booming digital infrastructure place CMC for superior market share, pricing power, and long-term growth opportunities.
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US$64.77
FV
6.6% undervalued intrinsic discount
9.44%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
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Commercial Metals

TAG Program And Arizona 2 Will Drive Future Expansion

Key Takeaways Strategic initiatives and expansion projects are set to permanently improve margins, earnings, and revenue growth through increased production and economies of scale. Diversification in niche markets and infrastructure spending boosts are expected to enhance profitability, sales volumes, and competitive positioning.
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US$64.2
FV
5.8% undervalued intrinsic discount
5.23%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
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Commercial Metals Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Commercial Metals
Historical stock prices
Current Share PriceUS$60.49
52 Week HighUS$64.53
52 Week LowUS$37.92
Beta1.32
1 Month Change3.08%
3 Month Change15.90%
1 Year Change10.42%
3 Year Change32.19%
5 Year Change193.50%
Change since IPO2,972.51%

Recent News & Updates

Commercial Metals Company: A Rapid And Unexpected Transformation

Oct 20

Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.18

Oct 18
Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.18

Recent updates

Commercial Metals Company: A Rapid And Unexpected Transformation

Oct 20

Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.18

Oct 18
Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.18

Commercial Metals (NYSE:CMC) Seems To Use Debt Quite Sensibly

Jun 16
Commercial Metals (NYSE:CMC) Seems To Use Debt Quite Sensibly

Commercial Metals Company's (NYSE:CMC) Shares Lagging The Industry But So Is The Business

Apr 23
Commercial Metals Company's (NYSE:CMC) Shares Lagging The Industry But So Is The Business

Commercial Metals (NYSE:CMC) Will Pay A Dividend Of $0.18

Mar 22
Commercial Metals (NYSE:CMC) Will Pay A Dividend Of $0.18

Commercial Metals (NYSE:CMC) Seems To Use Debt Quite Sensibly

Mar 09
Commercial Metals (NYSE:CMC) Seems To Use Debt Quite Sensibly

Is Commercial Metals Company (NYSE:CMC) Trading At A 32% Discount?

Feb 19
Is Commercial Metals Company (NYSE:CMC) Trading At A 32% Discount?

Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns

Jan 15

Commercial Metals Company's (NYSE:CMC) Revenues Are Not Doing Enough For Some Investors

Jan 14
Commercial Metals Company's (NYSE:CMC) Revenues Are Not Doing Enough For Some Investors

Is Commercial Metals (NYSE:CMC) A Risky Investment?

Nov 24
Is Commercial Metals (NYSE:CMC) A Risky Investment?

Commercial Metals Company (NYSE:CMC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Nov 06
Commercial Metals Company (NYSE:CMC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation And Sustained Growth Struggles

Nov 01
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Innovative Initiatives And Global Expansion Fuel Growth Despite Economic Challenges

The TAG initiative and Arizona 2's ramp-up are set to enhance margins and earnings growth by improving production capacity and operational excellence.

Commercial Metals Company: The Green Steel Giant Is Priced Just Out Of Reach

Aug 08

Commercial Metals Company: Lower Steel Prices Placing Pressure On Net Sales

Jun 25

Commercial Metals Company: Time To Take Profits

May 14

Commercial Metals Company: Strong Enough, Even As Peak Profits Normalize

Jan 01

Commercial Metals Looking More Interesting After A 25% Pullback

Oct 16

Shareholder Returns

CMCUS Metals and MiningUS Market
7D-2.5%-8.6%2.0%
1Y10.4%31.9%18.7%

Return vs Industry: CMC underperformed the US Metals and Mining industry which returned 31.9% over the past year.

Return vs Market: CMC underperformed the US Market which returned 18.7% over the past year.

Price Volatility

Is CMC's price volatile compared to industry and market?
CMC volatility
CMC Average Weekly Movement5.2%
Metals and Mining Industry Average Movement10.0%
Market Average Movement6.5%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: CMC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CMC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191512,690Peter Mattwww.cmc.com

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.

Commercial Metals Company Fundamentals Summary

How do Commercial Metals's earnings and revenue compare to its market cap?
CMC fundamental statistics
Market capUS$6.70b
Earnings (TTM)US$84.66m
Revenue (TTM)US$7.80b
79.3x
P/E Ratio
0.9x
P/S Ratio

Is CMC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMC income statement (TTM)
RevenueUS$7.80b
Cost of RevenueUS$6.58b
Gross ProfitUS$1.22b
Other ExpensesUS$1.14b
EarningsUS$84.66m

Last Reported Earnings

Aug 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.76
Gross Margin15.65%
Net Profit Margin1.09%
Debt/Equity Ratio28.5%

How did CMC perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
96%
Payout Ratio

Does CMC pay a reliable dividends?

See CMC dividend history and benchmarks
When do you need to buy CMC by to receive an upcoming dividend?
Commercial Metals dividend dates
Ex Dividend DateOct 30 2025
Dividend Pay DateNov 13 2025
Days until Ex dividend1 day
Days until Dividend pay date15 days

Does CMC pay a reliable dividends?

See CMC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/28 21:26
End of Day Share Price 2025/10/28 00:00
Earnings2025/08/31
Annual Earnings2025/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Commercial Metals Company is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Katja JancicBMO Capital Markets Equity Research
Tristan GresserBNP Paribas Exane
Sathish KasinathanBofA Global Research