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Commercial Metals CMC Pre-Tax Income

Pre-Tax Income at other companies

Nucor logo
NucorNUE
$1.1B+285%
III
Insteel IndustriesIIIN
$13.45M+113%
Steel Dynamics logo
Steel DynamicsSTLD
$683.46M+76.2%
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-$152M+75.5%
Metallus logo
MetallusMTUS
$8M+176%
Reliance logo
RelianceRS
$429.8M+41.2%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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, except share and per share data)Three Months Ended May 31, 2026Three Months Ended May 31, 2025Nine Months Ended May 31, 2026Nine Months Ended May 31, 2025
Interest expense40,20510,864105,98133,353
Litigation expense3,7783,77611,580358,496
Net costs and operating expenses2,294,4061,910,4726,254,0565,769,650
Earnings (loss) before income taxes188,839109,512481,514(85,688)
Income tax expense (benefit)15,82426,38638,185(18,569)
Net earnings (loss)$173,015$83,126$443,329$(67,119)
Earnings (loss) per share:
Basic$1.56$0.74$4.00$(0.59)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Commercial Metals's pre-tax income?
Commercial Metals (CMC) reported pre-tax income of $188.84M in Q1 2026.
How has Commercial Metals's pre-tax income changed year-over-year?
Commercial Metals's pre-tax income increased by 72.4% year-over-year, from $109.51M to $188.84M.
What is the long-term trend for Commercial Metals's pre-tax income?
Over 3 years (2021 to 2024), Commercial Metals's pre-tax income has grown at a 6.0% compound annual growth rate (CAGR), from $534.02M to $635.67M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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