Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
CMC

CMC - Commercial Metals Co Stock Price, Fair Value and News

57.62USD-0.25 (-0.43%)Delayed

Market Summary

CMC
USD57.62-0.25
Delayed
-0.43%

CMC Alerts

  • Big fall in earnings (Y/Y)

CMC Stock Price

View Fullscreen

CMC RSI Chart

CMC Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

9.8

Price/Sales (Trailing)

0.79

EV/EBITDA

6.04

Price/Free Cashflow

10.15

CMC Price/Sales (Trailing)

CMC Profitability

EBT Margin

10.58%

Return on Equity

16.11%

Return on Assets

10.21%

Free Cashflow Yield

9.85%

CMC Fundamentals

CMC Revenue

Revenue (TTM)

8.4B

Rev. Growth (Yr)

-8.41%

Rev. Growth (Qtr)

-7.73%

CMC Earnings

Earnings (TTM)

680.3M

Earnings Growth (Yr)

-52.27%

Earnings Growth (Qtr)

-51.3%

Breaking Down CMC Revenue

Last 7 days

0.6%

Last 30 days

3.1%

Last 90 days

4.7%

Trailing 12 Months

26.8%

How does CMC drawdown profile look like?

CMC Financial Health

Current Ratio

4.19

Debt/Equity

0.27

Debt/Cashflow

1.01

CMC Investor Care

Dividend Yield

1.11%

Dividend/Share (TTM)

0.64

Buy Backs (1Y)

1.20%

Diluted EPS (TTM)

5.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.4B000
20239.2B9.0B8.8B8.6B
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

Tracking the Latest Insider Buys and Sells of Commercial Metals Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 10, 2024
mcpherson john r
acquired
1,487
57.22
26.00
-
Apr 10, 2024
avril-groves vicki l
acquired
4,978
57.22
87.00
-
Apr 10, 2024
raiss sarah e.
acquired
2,861
57.22
50.00
-
Apr 10, 2024
matt peter r
sold (taxes)
-268,076
57.22
-4,685
president and ceo
Apr 01, 2024
mccullough gary e
acquired
34,950
58.74
595
-
Mar 27, 2024
smith barbara
sold
-2,066,550
57.88
-35,704
executive chairman
Mar 19, 2024
arriola dennis v
acquired
-
-
2,021
-
Feb 28, 2024
smith barbara
gifted
-
-
-500
executive chairman
Feb 07, 2024
smith barbara
sold
-1,219,920
51.65
-23,619
executive chairman
Feb 02, 2024
smith barbara
sold
-3,085,310
51.28
-60,166
executive chairman

1–10 of 50

Which funds bought or sold CMC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
added
10.51
875,723
3,815,360
0.02%
May 16, 2024
Tidal Investments LLC
added
18.48
923,724
3,283,010
0.05%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-11.28
143,902
3,574,740
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.41
690,353
6,912,530
0.01%
May 16, 2024
Ancora Advisors LLC
new
-
8,345
8,345
-%
May 16, 2024
Adalta Capital Management LLC
added
41.38
96,579
241,695
0.13%
May 15, 2024
SHELTON CAPITAL MANAGEMENT
unchanged
-
44,444
299,198
0.01%
May 15, 2024
Royal Bank of Canada
reduced
-13.72
63,000
4,728,000
-%
May 15, 2024
Penn Capital Management Company, LLC
reduced
-2.46
271,712
2,118,860
0.19%
May 15, 2024
ALGERT GLOBAL LLC
reduced
-63.57
-2,594,000
1,940,000
0.08%

1–10 of 40

Are Funds Buying or Selling CMC?

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

Unveiling Commercial Metals Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.81%
12,640,764
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.5%
7,611,397
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 23, 2024
blackrock inc.
13.4%
15,636,470
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.7%
7,830,526
SC 13G/A
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

Recent SEC filings of Commercial Metals Co

View All Filings
Date Filed Form Type Document
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 05, 2024
UPLOAD
UPLOAD
Apr 03, 2024
4
Insider Trading
Apr 02, 2024
CORRESP
CORRESP
Mar 29, 2024
4
Insider Trading
Mar 27, 2024
144
Notice of Insider Sale Intent
Mar 26, 2024
10-Q
Quarterly Report

Peers (Alternatives to Commercial Metals Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
96.9B
9.7B
9.79% 81.46%
41.11
9.99
-3.73% -11.90%
78.0B
23.8B
8.93% 52.10%
20.18
3.28
10.30% 6.62%
50.4B
13.2B
13.43% 1.09%
-18.86
3.83
13.70% -408.56%
41.3B
34.1B
-10.72% 22.70%
9.75
1.21
-14.07% -36.33%
17.1B
14.5B
-7.36% 20.90%
13.61
1.18
-12.23% -26.09%
8.3B
21.9B
-17.49% 13.86%
18.95
0.38
-1.92% -15.58%
MID-CAP
3.8T
710.3M
15.72% 16.03%
-44.1K
5.4K
-2.96% -94.29%
7.4B
10.5B
16.03% 12.06%
-10.88
0.71
-11.40% 15.25%
6.7B
8.4B
3.13% 26.83%
9.8
0.79
-8.32% -10.17%
2.4B
1.6B
-3.14% 10.94%
29.06
1.51
-8.15% -14.39%
SMALL-CAP
2.4B
847.0M
32.96% 84.06%
-21.75
2.78
7.96% 2.02%
1.7B
2.1B
1.94% 121.74%
6.83
0.78
-17.61% 444.18%
544.4M
1.1B
-1.20% -61.36%
-6.29
0.47
-6.57% -123.93%
6.9M
12.0M
-27.69% -88.94%
-0.65
0.57
-48.46% 18.12%
996.8K
134.6M
- -92.73%
0.82
0.01
-14.16% -64.26%

Commercial Metals Co News

Latest updates
MarketBeat17 hours ago
Yahoo Movies UK15 May 202411:59 am
Yahoo New Zealand News12 May 202411:50 pm
PR Newswire20 Mar 202407:00 am

Commercial Metals Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-7.7%1,8482,0032,2092,3452,0182,2272,4072,5162,0091,9822,0311,8451,4621,3921,4091,3421,3411,3851,5431,6061,403
Costs and Expenses-2.6%1,7311,7781,9712,0351,7831,8892,0682,1111,4991,7201,8381,6761,3751,3061,3231,2541,2551,2751,4401,4981,370
  S&GA Expenses3.0%16716317416315115615414012812313613412111416511611611113211599.00
EBITDA Margin-5.9%0.14*0.15*0.16*0.16*0.17*0.20*0.20*0.19*0.17*0.13*0.11*0.11*---------
Interest Expenses1.0%12.0012.008.009.0010.0013.0014.0013.0012.0011.0012.0012.0014.0014.0014.0015.0016.0017.0018.0019.0018.00
Income Taxes-35.8%31.0048.0054.0076.0056.0077.0050.0093.0012629.0040.0038.0021.0022.0018.0024.0023.0027.0017.0029.0018.00
Earnings Before Taxes-48.0%11722523831023533833940551026219316987.0086.0086.0088.0086.0011010310833.00
EBT Margin-10.0%0.11*0.12*0.13*0.14*0.14*0.17*0.17*0.16*0.14*0.10*0.08*0.07*---------
Net Income-51.3%86.001761842341802623.0031238323315213066.0064.0068.0065.0064.0083.0086.0078.0014.00
Net Income Margin-10.4%0.08*0.09*0.10*0.08*0.08*0.10*0.10*0.13*0.11*0.08*0.06*0.05*---------
Free Cashflow-102.5%-4.8219424322530.0023930385.00-92.82-44.3777.0053.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.5%6,6626,6956,6396,5216,6396,6396,2376,1045,5044,7254,6394,3914,0644,0174,0823,9553,9083,8083,7593,7673,729
  Current Assets-1.4%3,1983,2443,1443,1423,2783,2243,4413,4443,4902,7862,7372,5182,2062,1692,2142,1452,0852,0152,0802,1142,070
    Cash Equivalents-9.5%6407075964796085876795371,00041850144736946754546423422619412268.00
  Inventory11.8%1,1501,0291,0361,1451,1441,1031,1701,3461,1421,072935833777654625645715650692808866
  Net PPE2.1%2,4752,4242,4092,2682,1602,0291,9111,8081,6491,5871,5661,5631,5571,5491,5711,5131,5221,5041,5011,4741,478
  Goodwill0.2%38438338634227927724925466.0066.0066.0066.0066.0064.0064.0064.0064.0064.0064.0064.0064.00
Liabilities-1.0%2,4402,4652,5182,4972,7022,6902,9512,9622,6342,2392,3442,2342,0552,0822,1922,1542,1502,1072,1352,2032,230
  Current Liabilities-3.1%7637878448531,0661,0781,3571,391825892980853674613745627649602695704752
  Long Term Debt0.5%1,1261,1201,1141,1031,1001,0931,1131,1151,4461,0081,0151,0201,0111,0651,0661,1541,1451,1791,2271,3071,310
    LT Debt, Current4.7%36.0034.0041.00---389---54.00---18.00------
Shareholder's Equity-0.2%4,2224,2304,1214,0233,7833,5843,2863,1422,8702,4862,2952,1572,0091,9351,8891,8011,7581,7021,6241,5641,498
  Retained Earnings1.6%4,3224,2554,0973,9323,7173,5553,3123,0412,7452,3792,1632,0251,9091,8581,8081,7541,7041,6541,5851,5131,449
  Additional Paid-In Capital3.2%390378395385374361383375366357368361355349359357351347359353346
Accumulated Depreciation---2,124---1,974---1,933---1,828---1,696--
Shares Outstanding-0.6%116117117117117117117121121121120120---------
Minority Interest0%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Float-----6,000---4,600---3,000---2,200---1,900
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-65.9%89.0026140937618737245918729.0026.0013493.0013.00-12.092592781071462561345.00
  Share Based Compensation86.0%15.008.0017.0010.0017.0017.005.0012.0017.0017.007.0012.0016.0010.003.0014.0013.009.007.006.008.00
Cashflow From Investing-38.4%-91.99-66.47-230-252-157-195-155-649190-68.73-58.12-36.65-30.89-36.46-64.06-37.41-56.34-35.12-45.68-23.25-35.67
Cashflow From Financing24.1%-63.74-84.02-62.43-253-9.86-273-158-0.15364-39.30-21.2321.00-80.50-28.57-115-10.59-42.78-79.36-138-56.8741.00
  Dividend Payments-0.7%19.0019.0019.0019.0019.0019.0017.0017.0017.0017.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.00
  Buy Backs68.8%48.0028.0019.0017.0017.0049.0010639.0012.005.00-----------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

CMC Income Statement

2024-02-29
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Income Statement [Abstract]    
Net sales$ 1,848,287$ 2,018,003$ 3,851,338$ 4,245,316
Costs and operating expenses:    
Cost of goods sold1,552,0461,621,7633,156,1143,341,177
Selling, general and administrative expenses167,444150,805329,976307,160
Interest expense11,8789,94523,63422,990
Net costs and operating expenses1,731,3681,782,5133,509,7243,671,327
Earnings before income taxes116,919235,490341,614573,989
Income taxes31,07255,64179,494132,366
Net earnings$ 85,847$ 179,849$ 262,120$ 441,623
Earnings per share:    
Basic (in USD per share)$ 0.74$ 1.53$ 2.25$ 3.77
Diluted (in USD per share)$ 0.73$ 1.51$ 2.22$ 3.71
Average basic shares outstanding (shares)116,396,530117,224,517116,584,235117,249,266
Average diluted shares outstanding (shares)117,524,113118,723,259118,051,249118,985,098

CMC Balance Sheet

2024-02-29
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Feb. 29, 2024
Aug. 31, 2023
Current assets:  
Cash and cash equivalents$ 638,261$ 592,332
Accounts receivable (less allowance for doubtful accounts of $4,335 and $4,135)1,118,5141,240,217
Inventories, net1,150,4471,035,582
Prepaid and other current assets290,868276,024
Total current assets3,198,0903,144,155
Property, plant and equipment, net2,474,5202,409,360
Intangible assets, net245,945259,161
Goodwill383,587385,821
Other noncurrent assets360,123440,597
Total assets6,662,2656,639,094
Current liabilities:  
Accounts payable367,944364,390
Accrued expenses and other payables359,015438,811
Current maturities of long-term debt and short-term borrowings35,58840,513
Total current liabilities762,547843,714
Deferred income taxes293,342306,801
Other noncurrent liabilities257,472253,181
Long-term debt1,126,2161,114,284
Total liabilities2,439,5772,517,980
Commitments and contingencies (Note 12)
Stockholders' equity:  
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 116,023,685 and 116,515,427 shares1,2901,290
Additional paid-in capital389,568394,672
Accumulated other comprehensive loss(71,519)(3,778)
Retained earnings4,322,0084,097,262
Less treasury stock 13,036,979 and 12,545,237 shares at cost(418,900)(368,573)
Stockholders' equity4,222,4474,120,873
Stockholders' equity attributable to non-controlling interests241241
Total stockholders' equity4,222,6884,121,114
Total liabilities and stockholders' equity$ 6,662,265$ 6,639,094
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
 WEBSITEcmc.com
 INDUSTRYMetals and Mining
 EMPLOYEES12483

Commercial Metals Co Frequently Asked Questions


What is the ticker symbol for Commercial Metals Co? What does CMC stand for in stocks?

CMC is the stock ticker symbol of Commercial Metals Co. Every public company that trades on a stock exchange gets a ticker symbol.

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

As of Fri May 17 2024, market cap of Commercial Metals Co is 6.67 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 for subscribers.

What is the fair value of CMC stock?

You can check CMC's fair value in chart for subscribers. 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. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Commercial Metals Co a good stock to buy?

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 Fri May 17 2024, CMC's PE ratio (Price to Earnings) is 9.8 and Price to Sales (PS) ratio is 0.79. 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.

What is 5 year return on Commercial Metals Co's stock?

In the past 10 years, Commercial Metals Co has provided 0.145 (multiply by 100 for percentage) rate of return.