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Commercial Metals CMC Europe Steel Group — Cost of goods sold

Other segment segments

North America Steel Group
$1.51B+10.9%
Construction Solutions Group
$288.31M+100%

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Other financials

Income statement

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Revenue$2.5B+22.9%
Gross profit$455.1M+51.8%
Net income$173.0M+108%
EPS (diluted)$1.55+112%

Balance sheet

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Cash & equivalents$563.2M-37.1%
Total debt$3.9B+182%
Total equity$4.5B+10.6%
Total assets$9.8B+40.1%

Cash flow

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Operating cash flow$232.6M+50.6%
CapEx$156.1M+74.6%
Free cash flow$76.4M+17.7%

Valuation

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Market cap$8.37B+43.9%
Enterprise value$11.74B+85.9%
P/E14.1×-144×
P/S+0.2×

Profitability

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Gross margin18.6%+3.6pp
Net margin6.7%+6.2pp
FCF margin4.6%

Returns & leverage

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Return on equity13.8%+12.9pp
Debt / equity0.9×+0.5×
Current ratio2.3×-0.5×

Where this comes from

Reported directly by Commercial Metals in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Commercial Metals’s 10-Q, filed June 29, 2026.

Filed
Jun 29, 2026, 11:48 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000022444-26-000041
(in thousands)North America Steel GroupConstruction Solutions GroupEurope Steel GroupTotal
Eliminations(33,223)
Total consolidated net sales$2,483,245
Less:
Cost of goods sold1,514,022288,305258,948
Selling, general and administrative expenses93,86664,6747,561
Add:
Depreciation and amortization(1)52,01344,0109,060
Unrealized gain on undesignated commodity hedges(1)(557)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Commercial Metals's europe steel group — cost of goods sold?
Commercial Metals (CMC) reported europe steel group — cost of goods sold of $258.95M in Q1 2026.
How has Commercial Metals's europe steel group — cost of goods sold changed year-over-year?
Commercial Metals's europe steel group — cost of goods sold increased by 5.6% year-over-year, from $245.3M to $258.95M.
What is the long-term trend for Commercial Metals's europe steel group — cost of goods sold?
Over 2 years (2023 to 2025), Commercial Metals's europe steel group — cost of goods sold has grown at a -18.4% compound annual growth rate (CAGR), from $1.29B to $859.27M.
What does europe steel group — cost of goods sold mean?
The direct costs attributable to the production of steel products sold by the Europe Steel Group, including raw materials, labor, and manufacturing overhead. This metric is critical for assessing the segment's production efficiency and gross margin.

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