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Commercial Metals CMC Invested capital

Discontinued — last reported Q2 '26

Invested capital at other companies

Lamb Weston logo
Lamb WestonLW
7.2%-1.0pp
Boyd Gaming logo
Boyd GamingBYD
10.9%-2.4pp
Granite Construction logo
Granite ConstructionGVA
12.2%+0.9pp
Conagra Brands logo
Conagra BrandsCAG
13.6%+4.8pp
SSR Mining logo
SSR MiningSSRM
18.7%
MSA
Mine Safety Appliances CompanyMSA
17.4%-1.9pp

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/S+0.3×

Profitability

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Gross margin17.7%+2.4pp
Net margin6%+5.1pp
FCF margin4.7%

Returns & leverage

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Return on equity12%+10.2pp
Debt / equity0.9×+0.6×
Current ratio2.4×-0.4×

Where this comes from

Calculated from Commercial Metals’s reported figures.

The official record: Commercial Metals’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Commercial Metals's invested capital?
Commercial Metals (CMC) reported invested capital of $7.77B in Q4 2025.
How has Commercial Metals's invested capital changed year-over-year?
Commercial Metals's invested capital increased by 72.8% year-over-year, from $4.5B to $7.77B.
What is the long-term trend for Commercial Metals's invested capital?
Over 5 years (2020 to 2025), Commercial Metals's invested capital has grown at a 13.2% compound annual growth rate (CAGR), from $2.63B to $4.89B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).