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Commercial Metals CMC Invested capital

Discontinued — last reported Q3 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

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$8.31B+40.0%
Enterprise value$11.68B+81.5%
P/E14×-147×
P/S0.9×+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

Calculated from Commercial Metals’s reported figures.

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

Filed
Jun 29, 2026, 11:48 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000022444-26-000041

FAQ

What is Commercial Metals's invested capital?
Commercial Metals (CMC) reported invested capital of $7.9B in Q1 2026.
How has Commercial Metals's invested capital changed year-over-year?
Commercial Metals's invested capital increased by 71.9% year-over-year, from $4.6B to $7.9B.
What is the long-term trend for Commercial Metals's invested capital?
Over 4 years (2021 to 2025), Commercial Metals's invested capital has grown at a 12.1% compound annual growth rate (CAGR), from $3.1B 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).

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