Skip to content
OpenCapital
Get started

Commercial Metals CMC Q2 2026 earnings

Reported March 26, 2026 · Before market open

Revenue$2.1BBeat by $44.1M
EPS$1.16Miss by $0.12
Revenue estimate$2.1B
EPS estimate$1.28

Next report

Oct 15, 2026 (in 2 months)
Revenue estimate$2.6B
EPS estimate$1.97

Financials

Q2 2026

Income statement

See full
Revenue$2.1B+21.5%
Gross profit$387.9M+76.7%
Net income$93.0M+265%
EPS (diluted)$0.83+277%

Balance sheet

See full
Cash & equivalents$503.6M-33.7%
Total debt$3.9B+211%
Total equity$4.4B+9.8%
Total assets$9.6B+42.9%

Cash flow

See full
Operating cash flow$166.3M+413%
CapEx$122.7M+42.2%
Free cash flow$43.6M—

Valuation & ratios

Valuation

as of 02/28/26
See full
Market cap$8.13B+47.7%
Enterprise value$11.49B+91.9%
P/E16.1×-59.2×
P/S1×+0.3×

Profitability

See full
Gross margin17.7%+2.4pp
Net margin6%+5.1pp
FCF margin4.7%—

Returns & leverage

See full
Return on equity12%+10.2pp
Debt / equity0.9×+0.6×
Current ratio2.4×-0.4×

Segments

By product

See full
Steel products$836.9M+11.3%
Downstream products$562.2M+13.6%
Raw materials$362.8M+12.3%
Precast Products$141.6M—
Other$100.2M+41.8%

By segment

See full
North America Steel Group$1.6B+16.3%
Construction Solutions Group$323.1M—
Europe Steel Group$200.8M+1.1%
Corporate and Other-$24.4M-23.6%
Segment Eliminations-$33.7M—

Versus estimates

Revenue

Q3 2026$2.5BBeat by $81.7M
Q2 2026$2.1BBeat by $44.1M
Q1 2026$2.1BBeat by $67.1MQ4 2025$2.1BBeat by $33.1MQ3 2025$2.0BMiss by $24.5MQ2 2025$1.8BBeat by $6.4M

Diluted EPS

Q3 2026$1.73Beat by $0.03
Q2 2026$1.16Miss by $0.12
Q1 2026$1.84Beat by $0.29Q4 2025$1.37Beat by $0.02Q3 2025$0.74Miss by $0.11Q2 2025$0.26Miss by $0.03

Ask the moment Commercial Metals reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Commercial Metals report Q2 2026 earnings?
Commercial Metals (CMC) reported Q2 2026 earnings on March 26, 2026 before market open.
What were Commercial Metals's Q2 2026 revenue and EPS?
Commercial Metals reported revenue of $2.1B and eps of $1.16 for Q2 2026.
Did Commercial Metals beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.1B by $44.1M. EPS missed the consensus estimate of $1.28 by $0.12.
How did Commercial Metals's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 21.5% from $1.8B a year earlier and eps grew 346.2% from $0.26.
Where can I find Commercial Metals's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000022444-26-000021) and the 10-Q periodic report (0000022444-26-000031) directly on SEC EDGAR. The filing index links above go to sec.gov.