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Commercial Metals CMC Q4 2026 Annual earnings

Reported October 15, 2026 · Before market open

Revenue$2.7BBeat by $93.7M
EPS$2.09Beat by $0.14
Revenue estimate$2.6B
EPS estimate$1.95
“Fiscal 2026 marked a transformational step forward for CMC. We continued to build organizational strength and enhance margin durability in our early-stage construction portfolio through our precast acquisitions, our successful TAG program, and our key growth investments, including our West Virginia micro mill. We also established a clear roadmap to fiscal 2029, setting ambitious and achievable targets with a focus on delivering long-term shareholder value. Our fourth quarter core EBITDA performance delivered solid year-over-year growth, driven by strong execution of our North American steel franchise and continued momentum of enterprise-wide TAG benefits. While broader demand conditions remain supportive, residential softness weighed on precast results in the period. With backlogs near record levels, a differentiated portfolio of solutions, and multiple value creation levers, we are well-positioned to deliver strong financial results and achieve our strategic goals in fiscal 2027.”
Peter Matt

Next report

Jan 11, 2027 (in 2 months)
Revenue estimate$2.5B
EPS estimate$1.68

Financials

Q4 2026

Income statement

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Revenue$2.7B+25.7%
Gross profit$501.5M+27.7%
Net income$212.5M+40.0%
EPS (diluted)$1.90+42.9%

Balance sheet

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Cash & equivalents$775.7M-25.8%
Total debt$3.8B+119%
Total equity$4.7B+12.0%
Total assets$10.3B+43.0%

Cash flow

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Operating cash flow$455.9M+44.6%
CapEx$175.6M+61.2%
Free cash flow$280.4M+35.9%

Valuation & ratios

Valuation

as of 10/30/26
See full
Market cap$7.25B+9.0%
Enterprise value$10.28B+40.0%
P/E11.1×-67.5×
P/S0.8×-0.1×

Profitability

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Gross margin18.6%+3.0pp
Net margin7%+5.9pp
FCF margin5.1%—

Returns & leverage

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Return on equity14.8%+12.8pp
Debt / equity0.8×+0.4×
Current ratio2.3×-0.4×

Segments

By product

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Steel products$1.0B+15.7%
Downstream products$668.7M+9.2%
Raw materials$492.3M+39.6%
Precast products$187.2M—
Ground stabilization solutions$97.6M+10.3%

By segment

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North America Steel Group$2.0B+20.1%
Construction Solutions Group$438.8M—
Europe Steel Group$282.3M+6.9%
Corporate and Other-$24.7M-20.4%
Segment Eliminations-$31.0M+8.5%

FAQ

When did Commercial Metals report Q4 2026 earnings?
Commercial Metals (CMC) reported Q4 2026 earnings on October 15, 2026 before market open.
What were Commercial Metals's Q4 2026 revenue and EPS?
Commercial Metals reported revenue of $2.7B and eps of $2.09 for Q4 2026.
Did Commercial Metals beat estimates in Q4 2026?
Revenue beat the consensus estimate of $2.6B by $93.7M. EPS beat the consensus estimate of $1.95 by $0.14.
How did Commercial Metals's Q4 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 25.7% from $2.1B a year earlier and eps grew 52.6% from $1.37.
Where can I find Commercial Metals's Q4 2026 SEC filings?
You can read the 8-K earnings release (0000022444-26-000048) and the 10-K periodic report (0000022444-26-000065) directly on SEC EDGAR. The filing index links above go to sec.gov.