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Commercial Metals CMC Segment Eliminations — Net Sales

Other segment segments

North America Steel Group
$1.81B+14.6%
Construction Solutions Group
$406.38M+89.0%
Europe Steel Group
$292.11M+17.6%
Corporate and Other
-$25.17M-9.6%

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BIOAll Other Segments — Net Sales
$0-100%

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:RevenueFromContractWithCustomerIncludingAssessedTax.

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
$1,809,919$406,380$292,114$2,508,413
Reconciliation of net sales:
Corporate and Other, excluding eliminations8,055
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

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Commercial Metals's segment eliminations — net sales?
Commercial Metals (CMC) reported segment eliminations — net sales of -$33.22M in Q1 2026.
How has Commercial Metals's segment eliminations — net sales changed year-over-year?
Commercial Metals's segment eliminations — net sales increased by 6.7% year-over-year, from -$35.61M to -$33.22M.
What is the long-term trend for Commercial Metals's segment eliminations — net sales?
Over 2 years (2023 to 2025), Commercial Metals's segment eliminations — net sales has grown at a 4.0% compound annual growth rate (CAGR), from -$118.68M to -$128.39M.
What does segment eliminations — net sales mean?
This metric represents the accounting adjustments required to remove inter-segment transactions when consolidating financial results across different business units. It ensures that revenue generated between internal divisions is not double-counted in the total corporate net sales figure. By isolating these eliminations, investors can better understand the true external revenue contribution of the company's core operating segments.

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