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Commercial Metals CMC Europe Steel Group — Foreign currency translation

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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 cmc:GoodwillGrossForeignCurrencyTranslationGainLoss.

The source filing: Commercial Metals’s 10-Q, filed March 31, 2026.

Filed
Mar 31, 2026, 11:45 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000022444-26-000031
(in thousands)North America Steel GroupConstruction Solutions GroupEurope Steel GroupConsolidated
Goodwill, gross
Balance, September 1, 2025$126,915$265,523$4,608$397,046
Foreign currency translation22394317
Acquisitions1,747,5641,747,564
Balance, February 28, 2026126,9152,013,3104,7022,144,927
Accumulated impairment
Balance, September 1, 2025(9,542)(493)(165)(10,200)
Foreign currency translation(3)(3)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Commercial Metals's europe steel group — foreign currency translation?
Commercial Metals (CMC) reported europe steel group — foreign currency translation of $100K in Q4 2025.
How has Commercial Metals's europe steel group — foreign currency translation changed year-over-year?
Commercial Metals's europe steel group — foreign currency translation increased by 354.5% year-over-year, from $22K to $100K.
What does europe steel group — foreign currency translation mean?
Reflects the impact of exchange rate fluctuations on the financial results of the Europe Steel Group segment, which operates in non-functional currencies. This adjustment accounts for the conversion of local currency financial statements into the reporting currency of the parent company.

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