What is Commercial Metals's europe steel group — acquisitions?

Commercial Metals (CMC) reported europe steel group — acquisitions of $0 in Q2 2023.

What does europe steel group — acquisitions mean?

The amount spent to acquire new businesses for the Europe Steel Group segment.

How do you interpret europe steel group — acquisitions?

Higher spending indicates an aggressive growth strategy, while zero spending suggests a focus on organic growth or capital preservation.

How does europe steel group — acquisitions compare across companies?

Standard capital allocation metric for industrial companies; peers report this in cash flow or segment notes.

Commercial Metals CMC Europe Steel Group — Acquisitions

Other segment segments

North America Steel Group

$0—

Similar metrics at other companies

SSD

SSDEurope — Payments To Acquire Businesses Gross

$6.9M—

FDSEMEA — Acquisitions

$414K—

TEXES — Acquisitions

$0-100%

STLDSteel Operations — CapEx

$120.54M-11.5%

ENSSpecialty — Acquisitions

$4.06M—

ENSEMEA — Payments to Acquire Businesses, Gross

$8K-90.6%

Other financials

Income statement

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Revenue$2.1B+21.5%

Gross profit$387.9M+76.7%

Net income$93.0M+265%

EPS (diluted)$0.83+277%

Balance sheet

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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

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Operating cash flow$166.3M+413%

CapEx$122.7M+42.2%

Free cash flow$43.6M—

Valuation

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Market cap$8.02B+47.7%

Enterprise value$11.38B+91.9%

P/E15.9×-58.4×

P/S1×+0.3×

Profitability

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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×

Where this comes from

Reported directly by Commercial Metals in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Commercial Metals’s 10-K, filed October 17, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Commercial Metals's europe steel group — acquisitions?: Commercial Metals (CMC) reported europe steel group — acquisitions of $0 in Q2 2023.
What does europe steel group — acquisitions mean?: The amount spent to acquire new businesses for the Europe Steel Group segment.
How do you interpret europe steel group — acquisitions?: Higher spending indicates an aggressive growth strategy, while zero spending suggests a focus on organic growth or capital preservation.
How does europe steel group — acquisitions compare across companies?: Standard capital allocation metric for industrial companies; peers report this in cash flow or segment notes.