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CMC

Commercial Metals Co

CMC

44.37USD-0.04 (-0.09%)Delayed as of 28 Nov 2023, 12:57 pm
Watchlist

Market Summary

USD44.37-0.04
Delayedas of 28 Nov 2023, 12:57 pm
-0.09%

CMC Alerts

  • 1 major insider buys and 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

CMC Stock Price

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CMC RSI Chart

CMC Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

6.02

Price/Sales (Trailing)

0.59

EV/EBITDA

4.12

Price/Free Cashflow

7.02

CMC Price/Sales (Trailing)

CMC Profitability

EBT Margin

12.75%

Return on Equity

20.86%

Return on Assets

12.95%

Free Cashflow Yield

14.25%

CMC Fundamentals

CMC Revenue

Revenue (TTM)

8.8B

Revenue Y/Y

-8.22%

Revenue Q/Q

-5.79%

CMC Earnings

Earnings (TTM)

859.8M

Earnings Y/Y

5.7K%

Earnings Q/Q

-21.29%

Price Action

52 Week Range

41.8358.09
(Low)(High)

Last 7 days

-0.4%

Last 30 days

6.2%

Last 90 days

-21.4%

Trailing 12 Months

-7.4%

How does CMC drawdown profile look like?

CMC Financial Health

Current Ratio

3.73

Debt/Equity

0.27

Debt/Cashflow

1.21

CMC Investor Care

Dividend Yield

1.44%

Dividend/Share (TTM)

0.64

Buy Backs (1Y)

0.83%

Diluted EPS (TTM)

7.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20239.2B9.0B8.8B0
20227.9B8.5B8.9B9.2B
20215.6B6.1B6.7B7.3B
20205.9B5.6B5.5B5.5B
20195.2B5.6B5.8B5.9B
20184.3B4.4B4.6B4.8B
20173.9B3.9B3.8B4.1B
20164.9B4.5B4.2B4.0B
20156.6B6.4B6.0B5.4B
20146.7B6.7B6.8B6.9B
20137.2B7.0B6.9B6.8B
20128.2B8.1B7.7B7.5B
20117.1B7.4B7.9B8.0B
20105.4B5.9B6.3B6.7B
2009006.4B5.6B
20080000

Latest Insider Trading transactions for CMC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 13, 2023
simpson stephen william
sold
-202,500
45.00
-4,500
svp, n. american steel group
Nov 09, 2023
mcpherson john r
acquired
856
45.07
19.00
-
Nov 09, 2023
avril-groves vicki l
acquired
4,371
45.07
97.00
-
Nov 09, 2023
raiss sarah e.
acquired
2,568
45.07
57.00
-
Nov 01, 2023
smith barbara
gifted
-
-
-1,000
executive chairman
Oct 23, 2023
matt peter r
bought
249,860
40.3
6,200
president and ceo
Oct 13, 2023
smith barbara
sold (taxes)
-475,494
43.16
-11,017
executive chairman
Oct 13, 2023
durbin jennifer j
sold (taxes)
-49,159
43.16
-1,139
svp, chief hr & comm. officer
Oct 13, 2023
lawrence paul james
sold (taxes)
-123,653
43.16
-2,865
svp & chief financial officer
Oct 13, 2023
sloan lindsay l
sold (taxes)
-9,754
43.16
-226
vp & chief accounting officer

1–10 of 50

Which funds bought or sold CMC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 24, 2023
DEUTSCHE BANK AG\
added
17.5
361,373
3,887,380
-%
Nov 22, 2023
Verity Asset Management, Inc.
added
4.49
-37,339
1,864,640
1.37%
Nov 22, 2023
Graham Capital Management, L.P.
reduced
-59.35
-613,081
378,085
0.01%
Nov 21, 2023
Walleye Trading LLC
new
-
521,572
521,572
-%
Nov 21, 2023
COMERICA BANK
added
-
2,771,650
2,771,650
0.01%
Nov 21, 2023
Walleye Capital LLC
reduced
-5.03
-302,438
2,474,010
0.01%
Nov 17, 2023
JACOBS LEVY EQUITY MANAGEMENT, INC
unchanged
-
-192,572
2,927,690
0.02%
Nov 17, 2023
Diversified Trust Co
added
1.24
-62,006
1,176,450
0.04%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
sold off
-100
-310
-
-%
Nov 16, 2023
Creative Planning
added
17.34
46,336
505,220
-%

1–10 of 41

Latest Funds Activity

Are funds buying CMC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CMC
No. of Funds

Schedule 13G FIlings of Commercial Metals Co

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.54%
12,372,451
SC 13G/A
Feb 01, 2023
state street corp
4.92%
5,770,248
SC 13G/A
Jan 26, 2023
blackrock inc.
13.5%
15,830,502
SC 13G/A
Jan 20, 2023
blackrock inc.
13.5%
15,830,502
SC 13G
Feb 10, 2022
state street corp
5.04%
6,126,119
SC 13G/A
Feb 09, 2022
vanguard group inc
10.76%
13,084,312
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
6.2%
7,578,477
SC 13G/A
Jan 27, 2022
blackrock inc.
12.2%
14,797,743
SC 13G/A

Recent SEC filings of Commercial Metals Co

View All Filings
Date Filed Form Type Document
Nov 21, 2023
144
Notice of Insider Sale Intent
Nov 21, 2023
ARS
ARS
Nov 21, 2023
DEF 14A
DEF 14A
Nov 21, 2023
DEFA14A
DEFA14A
Nov 16, 2023
4
Insider Trading
Nov 13, 2023
4
Insider Trading
Nov 13, 2023
4
Insider Trading
Nov 13, 2023
4
Insider Trading
Nov 03, 2023
4
Insider Trading
Oct 25, 2023
4
Insider Trading

Peers (Alternatives to Commercial Metals Co)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.9B
10.4B
-0.73% 20.79%
19.67
5.27
3.67% -4.72%
52.5B
22.7B
8.64% -1.53%
15.81
2.31
-2.06% -44.93%
40.3B
35.7B
8.89% 8.10%
8.08
1.13
-17.19% -41.93%
30.3B
11.1B
-2.05% -16.75%
-37.32
2.74
-8.67% -181.14%
15.8B
15.1B
9.35% 28.25%
10.4
1.05
-13.35% -20.92%
MID-CAP
8.5B
21.9B
4.99% 7.26%
22.08
0.39
-5.85% -84.47%
6.5B
10.6B
11.82% -45.00%
-9.33
0.55
-19.11% -2294.62%
5.2B
8.8B
6.24% -7.42%
6.02
0.59
-1.28% -7.73%
2.9B
754.4M
16.91% -6.20%
-63.93
3.88
6.37% -117.56%
2.3B
1.7B
18.58% 42.47%
22.3
1.39
-2.39% 36.52%
SMALL-CAP
1.1B
769.2M
13.33% -15.00%
-38.11
1.44
-1.81% 78.97%
1.0B
1.2B
0.16% -42.32%
55.47
0.82
1.17% 126.89%
718.0M
2.2B
25.89% -7.82%
-3.85
0.33
-24.20% -216.77%
322.2M
-
-55.02% 57.60%
-102.2
-
- -196.73%
4.5M
16.3M
-52.73% -91.62%
-0.37
0.27
-42.20% -176.50%

Commercial Metals Co News

Latest updates
Knox Daily28 Nov 202301:56 pm4 hours ago
Argyle Report24 Nov 202309:51 am4 days ago
Argyle Report22 Nov 202304:58 pm6 days ago
Best Stocks16 Nov 202307:48 pm11 days ago
RallySport13 Nov 202306:15 pm14 days ago
Nasdaq08 Nov 202308:00 am20 days ago
Laguna Now04 Nov 202304:35 am24 days ago
Forbes03 Nov 202307:00 am25 days ago
dallasinnovates.com27 Oct 202307:00 am32 days ago
Yahoo Finance25 Oct 202307:00 am34 days ago
finanznachrichten.de25 Oct 202307:00 am34 days ago
Recycling Today12 Oct 202312:06 pm47 days ago
GuruFocus.com12 Oct 202307:00 am47 days ago
24/7 Wall St.10 Oct 202307:00 am49 days ago
KSST05 Oct 202307:00 am54 days ago

Financials for Commercial Metals Co

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-5.8%2,2092,3452,0182,2272,4072,5162,0091,9822,0311,8451,4621,3921,4091,3421,3411,3851,5431,6061,4031,2771,308
Costs and Expenses-3.1%1,9712,0351,7831,8892,0682,1111,4991,7201,8381,6761,3751,3061,3231,2541,2551,2751,4401,4981,3701,2521,250
  S&GA Expenses6.7%17416315015615414012812313613412111416511611611113211599.0011795.00
EBITDA Margin-4.3%0.16*0.16*0.17*0.20*0.20*0.19*0.17*0.13*0.11*0.11*0.10*0.10*0.11*0.11*-------
Interest Expenses-7.0%8.009.0010.0013.0014.0013.0012.0011.0012.0012.0014.0014.0014.0015.0016.0017.0018.0019.0018.0017.0016.00
Income Taxes-29.4%54.0076.0056.0077.0050.0093.0012629.0040.0038.0021.0022.0018.0024.0023.0027.0017.0029.0018.006.007.00
Earnings Before Taxes-23.3%23831023533833940551026219316987.0086.0086.0088.0086.0011010310833.0025.0058.00
EBT Margin-6.2%0.13*0.14*0.14*0.17*0.17*0.16*0.14*0.10*0.08*0.07*0.06*0.06*0.07*0.07*-------
Net Income-21.3%1842341802623.0031238323315213066.0064.0068.0065.0064.0083.0086.0078.0014.0020.0052.00
Net Income Margin-8.8%0.10*0.11*0.11*0.14*0.14*0.13*0.11*0.08*0.06*0.05*0.05*0.05*0.05*0.05*-------
Free Cashflow7.6%24322530.0023930385.00-92.82-44.3777.0053.00-37.20-49.29206241-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.8%6,6396,5216,4856,2746,2376,1045,5044,7254,6394,3914,0644,0174,0823,9553,9083,8083,7593,7673,7293,7093,328
  Current Assets0.1%3,1443,1423,2783,2243,4413,4443,4902,7862,7372,5182,2062,1692,2142,1452,0852,0152,0802,1142,0702,0292,077
    Cash Equivalents24.4%5964796085876795371,00041850144736946754546423422619412268.0058.00633
  Inventory-9.6%1,0361,1451,1441,1031,1701,3461,1421,072935833777654625645715650692808866829589
  Net PPE6.2%2,4092,2682,1602,0291,9111,8081,6491,5871,5661,5631,5571,5491,5711,5131,5221,5041,5011,4741,4781,4921,075
  Goodwill12.8%38634227927724925466.0066.0066.0066.0066.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.00
Liabilities0.8%2,5182,4972,7022,6902,9512,9622,6342,2392,3442,2342,0552,0822,1922,1542,1502,1072,1352,2032,2302,2201,835
  Current Liabilities-1.1%8448531,0661,0781,3571,391825892980853674613745627649602695704752758542
  Long Term Debt1.0%1,1141,1031,1001,0931,1131,1151,4461,0081,0151,0201,0111,0651,0661,1541,1451,1791,2271,3071,3101,3081,139
    LT Debt, Current-41.00---389---54.00---18.00--------
Shareholder's Equity2.4%4,1214,0233,7833,5843,2863,1422,8702,4862,2952,1572,0091,9351,8891,8011,7581,7021,6241,5641,4981,4891,494
  Retained Earnings4.2%4,0973,9323,7173,5553,3123,0412,7452,3792,1632,0251,9091,8581,8081,7541,7041,6541,5851,5131,4491,4491,446
  Additional Paid-In Capital2.4%395385374361383375366357368361355349359357351347359353346343353
Accumulated Depreciation-2,124---1,974---1,933---1,828---1,696---1,596
Shares Outstanding-0.3%117117117117117121121121121121120120119119119118118118118117117
Minority Interest0%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations9.0%409,424,000375,772,000186,537,000372,370,000458,562,000187,379,00028,589,00025,779,000134,242,00093,029,00013,291,000-12,088,000259,371,000278,417,000106,998,000146,418,000255,501,000134,390,0004,736,000-357,623,000-103,438,000
  Share Based Compensation59.3%16,529,00010,376,00016,949,00016,675,0009,122,00011,986,00016,251,0009,619,0006,970,00011,986,00016,251,0009,619,0003,083,50013,800,00012,696,0009,062,0007,469,5006,170,0007,536,0004,217,0005,682,000
Cashflow From Investing8.9%-230,065,000-252,560,000-157,052,000-195,550,000-155,972,000-649,825,000189,814,000-68,732,000-58,124,000-36,655,000-30,892,000-36,458,000-64,061,000-37,413,000-56,340,000-35,124,000-45,676,000-23,254,000-35,674,000-357,444,000144,246,000
Cashflow From Financing75.4%-62,434,000-253,370,000-9,861,000-273,814,000-158,953,000-146,000363,709,000-39,305,000-21,233,00020,910,000-80,497,000-28,570,000-115,061,000-10,593,000-42,776,000-79,360,000-138,145,000-56,873,00041,432,000140,342,000-18,091,000
  Dividend Payments-0.3%18,679,00018,733,00018,737,00018,787,00016,746,00016,992,00016,986,00017,025,00014,471,00014,462,00014,427,00014,406,00014,288,00014,288,00014,242,00014,238,00014,150,00014,206,00014,065,00014,116,00014,040,000
  Buy Backs12.4%18,567,00016,516,00017,174,00049,149,000106,283,00038,587,00011,699,0005,311,000-------------

CMC Income Statement

2023-08-31
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
Income Statement [Abstract]   
Net sales$ 8,799,533$ 8,913,481$ 6,729,760
Costs and operating expenses (income):   
Cost of goods and services sold6,987,6187,057,0855,623,903
Selling, general and administrative expenses643,535544,984505,117
Interest expense40,12750,70951,904
Loss on debt extinguishment17916,05216,841
Asset impairments3,7804,9266,784
Loss (gain) on sale of assets2,327(275,422)(8,807)
Total costs and expenses7,677,5667,398,3346,195,742
Earnings before income taxes1,121,9671,515,147534,018
Income taxes262,207297,885121,153
Net earnings$ 859,760$ 1,217,262$ 412,865
Earnings per share:   
Basic (in shares)$ 7.34$ 10.09$ 3.43
Diluted (in shares)$ 7.25$ 9.95$ 3.38
Average basic shares outstanding (in shares)117,077,703120,648,090120,338,357
Average diluted shares outstanding (in shares)118,606,271122,372,386121,983,497

CMC Balance Sheet

2023-08-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 31, 2023
Aug. 31, 2022
Current assets:  
Cash and cash equivalents$ 592,332$ 672,596
Accounts receivable (less allowance for doubtful accounts of $4,135 and $4,990)1,240,2171,358,907
Inventories1,035,5821,169,696
Prepaid and other current assets276,024240,269
Total current assets3,144,1553,441,468
Property, plant and equipment:  
Land160,067155,237
Buildings and improvements1,071,102799,715
Equipment3,089,0072,440,910
Construction in process213,651489,031
Property, plant and equipment, Gross4,533,8273,884,893
Less accumulated depreciation and amortization(2,124,467)(1,974,022)
Property, plant and equipment, Net2,409,3601,910,871
Intangible assets, net259,161257,409
Goodwill385,821249,009
Other noncurrent assets440,597378,270
Total assets6,639,0946,237,027
Current liabilities:  
Accounts payable364,390428,055
Accrued expenses and other payables438,811540,136
Current maturities of long-term debt and short-term borrowings40,513388,796
Total current liabilities843,7141,356,987
Deferred income taxes306,801250,302
Other noncurrent liabilities253,181230,060
Long-term debt1,114,2841,113,249
Total liabilities2,517,9802,950,598
Commitments and contingencies (Note 17)
Stockholders' equity:  
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 116,515,427 and 117,496,053 shares1,2901,290
Additional paid-in capital394,672382,767
Accumulated other comprehensive loss(3,778)(114,451)
Retained earnings4,097,2623,312,438
Less treasury stock, 12,545,237 and 11,564,611 shares at cost(368,573)(295,847)
Stockholders' equity4,120,8733,286,197
Stockholders' equity attributable to non-controlling interests241232
Total stockholders' equity4,121,1143,286,429
Total liabilities and stockholders' equity$ 6,639,094$ 6,237,027
CMC
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. 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, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated steel products 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 manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, 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.
 CEO
 WEBSITEwww.cmc.com
 EMPLOYEES12483

Commercial Metals Co Frequently Asked Questions


What is the ticker symbol for Commercial Metals Co?

Ticker symbol for Commercial Metals Co is CMC.

What is the market capital of Commercial Metals Co (CMC)?

As of Mon Nov 27 2023, market cap of Commercial Metals Co is 5.17 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CMC stock?

You can check CMC's fair value in chart. The fair value of Commercial Metals Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Commercial Metals Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CMC so that you know how good or bad the model has been in the past so you can discard it if needed.

Is Commercial Metals Co stock overpriced or underpriced?

The fair value guage provides a quick view whether CMC is over valued or under valued. Whether Commercial Metals Co is cheap or expensive depends on the assumptions which impact Commercial Metals Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CMC.

What is Commercial Metals Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Nov 27 2023, CMC's PE ratio (Price to Earnings) is 6.02 and Price to Sales (PS) ratio is 0.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CMC PE ratio will change depending on the future growth rate expectations of investors.