Revenue $8.406B
EBITDA $1.190B
Income $680.257M
Revenue Q/Q -8.41%
Revenue Y/Y -8.32%
P/E 8.70
Forward P/E 10.80
EV/Sales 0.84
EV/EBITDA 5.92
EV/EBIT 7.57
PEG 12.25
Price/Sales 0.67
P/FCF 8.56
Price/Book 1.37
Book/Share 37.14
Cash/Share 5.34
FCF yield 11.68%
Employees 3,880
RPE $2.166M
Volume 802.747k / N/A
Relative vol. N/A
EPS 5.83
EPS Q/Q 94.44%
Est. EPS Q/Q 22.22%
Ret. on assets 10.26%
Ret. on equity 16.40%
ROIC 18.05%
ROCE 15.77%
Volatility 2.43%
Beta 1.08
RSI 30.78
Range $50.35 – $51.31
52 weeks $39.85 – $59.81
SMA 50 $55 -8.43%
SMA 200 $53 -4.96%
1 year target $23 -53.84%
Mean Recomm. 2.50
Shares outst. 115.708M
Shares float 0.000 0.00%
Short % of float 3.97%
Short ratio 3.35

Recent Commercial Metals Co news

Monday, 20 May 2024
 
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CMC Announces Third Quarter Fiscal 2024 Conference Call Webcast Details
Saturday, 23 March 2024
 
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Commercial Metals Company Q2 2024 Earnings Call Transcript
Saturday, 9 March 2024
 
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Tuesday, 5 March 2024
 
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Tuesday, 16 January 2024
 
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Commercial Metals Co's Dividend Analysis
Monday, 15 January 2024
 
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Commercial Metals Suffers From Weak UK Market Conditions
Tuesday, 9 January 2024
 
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Company News for Jan 9, 2024
Monday, 8 January 2024
 
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Commercial Metals Co Reports Q1 Fiscal 2024 Earnings
Monday, 1 January 2024
 
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Friday, 18 August 2023
 
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Tuesday, 11 July 2023
 
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Monday, 26 June 2023
 
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Friday, 23 June 2023
 
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Monday, 1 May 2023
 
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Wednesday, 26 April 2023
 
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Commercial Metals Company Supports Global Standard to Measure and Report Carbon Emissions
Friday, 27 January 2023
 
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We Ran A Stock Scan For Earnings Growth And Commercial Metals Passed With Ease
Tuesday, 10 January 2023
 
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Commercial Metals Q1 2023 Earnings Call Transcript
Monday, 9 January 2023
 
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Commercial Metals Surges On Earnings Beat, Strong Demand, Steel Prices
Sunday, 8 January 2023
 
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Friday, 9 December 2022
 
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Commercial Metals Company Announces First Quarter Fiscal 2023 Conference Call Webcast Details
Thursday, 8 December 2022
 
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Commercial Metals Company Selects Berkeley County, West Virginia as Site of its Fourth Micro Mill
Thursday, 10 November 2022
 
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Commercial Metals Company Announces Early Results of Cash Tender Offer for up to $130 million Aggregate Principal Amount of its 4.875% Senior Notes Due 2023
Thursday, 27 October 2022
 
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Commercial Metals Company Announces Cash Tender Offer for up to $130 million in Aggregate Principal Amount of its 4.875% Senior Notes Due 2023
Thursday, 20 October 2022
 
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Thursday, 13 October 2022
 
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Tuesday, 20 September 2022
 
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Tuesday, 13 September 2022
 
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Tuesday, 30 August 2022
 
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Monday, 29 August 2022
 
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Monday, 22 August 2022
 
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Saturday, 6 August 2022
 
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Thursday, 12 May 2022
 
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Wednesday, 16 March 2022
 
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Thursday, 17 February 2022
 
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Wednesday, 16 February 2022
 
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10-Q 26 Mar 2024 Quarterly report
8-K 21 Mar 2024 Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
8-K 20 Mar 2024 Other Events; Financial Statements and Exhibits
8-K 20 Feb 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
8-K 12 Jan 2024 Submission of Matters to a Vote of Security Holders
8-K 10 Jan 2024 Other Events; Financial Statements and Exhibits
8-K 8 Jan 2024 Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
10-Q 8 Jan 2024 Quarterly report
8-K 4 Jan 2024 Other Events; Financial Statements and Exhibits
8-K 14 Dec 2023 Regulation FD Disclosure; Financial Statements and Exhibits
8-K 13 Oct 2023 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
Insider
Trans.
Transaction
Price per share Total value
Barbara Smith Executive Chairman Sale 27 Mar 2024 $57.88 $2,066,548
Barbara Smith Executive Chairman Sale 7 Feb 2024 $51.65 $1,219,921
Barbara Smith Executive Chairman Sale 2 Feb 2024 $51.28 $3,085,312
Lindsay L Sloan Vice President and Chief Accounting Officer Sale 26 Jan 2024 $51.52 $30,912
Barbara Smith Executive Chairman Sale 18 Jan 2024 $49.94 $2,856,268
Barbara Smith Executive Chairman Sale 16 Jan 2024 $49.89 $7,124,591
Stephen William Simpson SVP and N. American Steel Group Sale 13 Nov 2023 $45.00 $202,500
Peter R Matt President and CEO Buy 23 Oct 2023 $40.30 $249,860
Barbara Smith Executive Chairman Sale 25 Jul 2023 $56.51 $2,729,433
Barbara Smith Executive Chairman Sale 18 Jul 2023 $56.45 $95,965
Lindsay L Sloan Vice President and Chief Accounting Officer Sale 14 Jul 2023 $55.17 $5,517
Q1 2022
10 January 2022
Q1 2022 Earnings Call Transcript
Q4 2021
15 October 2021
Q4 2021 Earnings Call Transcript
Q3 2021
17 June 2021
Q3 2021 Earnings Call Transcript
Q1 2021
11 January 2021
Q1 2021 Earnings Call Transcript
Q3 2020
18 June 2020
Q3 2020 Earnings Call Transcript
Q2 2020
20 March 2020
Q2 2020 Earnings Call Transcript
Q1 2020
6 January 2020
Q1 2020 Earnings Call Transcript
Q4 2019
24 October 2019
Q4 2019 Earnings Call Transcript
Q3 2019
20 June 2019
CEO Barbara Smith on Q3 2019 Results - Earnings Call Transcript
Q2 2019
21 March 2019
CEO Barbara Smith on Q2 2019 Results - Earnings Call Transcript
Q1 2019
7 January 2019
CEO Barbara Smith on Q1 2019 Results - Earnings Call Transcript

1,009 people own Commercial Metals Co on Robinhood

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Overall analyst rating

Price target

Current $50.63
Average $23.42
Low $22 High $27

Dividends

Ex-dividend date N/A Frequency Irregular Annual dividend +10.34%
Next dividend N/A Dividend yield 1.30% Growth period 3 years
Last dividend date Yield 3 years 1.26% Growth 3 years +10.06%
Last dividend Yield 5 years 1.50% Growth 5 years +5.92%

Commercial Metals Co dividend history

Commercial Metals Co executives

Insider Age Since Compensation
Barbara Smith (60) Chairman of the Board, President, and Chief Executive Officer since 2018 60 2018 $7,648,590
Barbara R. Smith CPA (62) Chairman, Pres, and CEO 62 $4,195,012
Tracy Porter (61) Chief Operating Officer and Executive Vice President since 2018 61 2018 $3,696,100
Tracy L. Porter (64) Exec. VP 64 $2,387,003
Paul J. Lawrence (51) Sr. VP and CFO 51 $1,520,005
Paul Lawrence (49) Chief Financial Officer and Vice President since 2019 49 2019 $1,326,740
Jody K. Absher (44) VP, Gen. Counsel, and Corp. Sec. 44 $930,589
Jennifer J. Durbin (40) VP of HR and Safety 40 $920,958
Joseph Winkler (68) Lead Independent Director since 2019 68 2019 $245,922
Richard Kelson (73) Independent Director since 2019 73 2019 $236,434
Richard Mills (72) Independent Director since 2012 72 2012 $234,997
J. David Smith (71) Independent Director since 2004 71 2004 $225,072
Charles Szews (63) Independent Director since 2014 63 2014 $224,997
Rhys Best (73) Independent Director since 2010 73 2010 $224,172
Vicki Avril-Groves (65) Independent Director since 2016 65 2016 $221,372
Sarah Raiss (62) Independent Director since 2011 62 2011 $220,547
Peter Matt (57) Director since 2020 57 2020
Lisa Barton (54) Director since 2020 54 2020
Brad Cottrell
Jerzy Kozicz
Billy Milligan
Lindsay L. Sloan
Ty Garrison (50) Sr. VP of Operations 50
Company Market cap P/E EV/EBITDA P/S P/B P/FCF Change
$5.63B 8.70 5.92 0.67 1.37 8.56 -0.26%
$38.33B 9.13 6.06 1.12 1.83 9.51 -1.11%
$23.63B 38.53 3.18 0.35 0.44 4.59 +1.19%
$20.23B 8.51 6.93 1.09 2.28 15.15 -1.22%
$9.72B 13.43 13.68 0.60 1.11 5.64 +0.00%
$6.39B 9.58 5.49 0.36 0.58 N/A +0.54%
$5.58B 28.12 N/A 1.85 2.41 0.62 +4.97%
$3.71B 10.83 7.52 1.12 1.59 5.52 +0.07%
$2.48B 9.26 5.63 0.65 1.46 6.46 -0.48%
$54.33M N/A 6.86 0.13 0.89 N/A -0.57%

at cmc, we firmly believe that our people are the key to our success. our energetic and entrepreneurial spirit has enabled us to remain a leader in the metals industry for over 100 years, and we believe our success is a direct result of the contributions and work ethic of the most talented work force in the industry. we take pride in recruiting and developing the best talent for every facet of our business and encourage that each job is done the right way - correct, consistent and safe. the safety and well-being of our employees is our number one priority. learn more about the cmc family and discover the world of possibilities that awaits when you have a career with a spark!

  • Materials > Steel
  • Commercial Metals Co., 6565 North MacArthur Boulevard, Irving 75039, United States
  • 214 689 4300
  • Investor relations

Dividends

Ex-dividend date N/A Frequency Irregular Annual dividend +10.34%
Next dividend N/A Dividend yield 1.30% Growth period 3 years
Last dividend date Yield 3 years 1.26% Growth 3 years +10.06%
Last dividend Yield 5 years 1.50% Growth 5 years +5.92%

Commercial Metals Co dividend history

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Current assets
Cash $638.261 $704.603 $592.332 $475.489
Short term investments
Net receivables $1,118.514 $1,216.352 $1,240.217 $1,244.652
Inventory $1,150.447 $1,028.686 $1,035.582 $1,145.476
Total current assets $3,198.09 $3,243.827 $3,144.155 $3,141.641
Long term investments
Property, plant & equipment $2,474.52 $2,423.684 $2,409.36 $2,268.15
Goodwill & intangible assets $629.532 $634.987 $644.982 $594.369
Total noncurrent assets $3,464.175 $3,451.342 $3,494.939 $3,379.219
Total investments
Total assets $6,662.265 $6,695.169 $6,639.094 $6,520.86
Current liabilities
Accounts payable $367.944 $343.831 $364.39 $382.482
Deferred revenue
Short long term debt $35.588 $33.998 $40.513 $56.222
Total current liabilities $762.547 $786.955 $843.714 $852.944
Long term debt $1,126.216 $1,120.472 $1,114.284 $1,102.883
Total noncurrent liabilities $1,677.03 $1,678.237 $1,674.266 $1,644.291
Total debt $1,161.804 $1,154.47 $1,154.797 $1,159.105
Total liabilities $2,439.577 $2,465.192 $2,517.98 $2,497.235
Stockholders' equity
Retained earnings $4,322.008 $4,254.787 $4,097.262 $3,931.775
Other stockholder equity -$71.519 -$24.738 -$3.778 $54.982
Total stockholder equity $4,222.447 $4,229.736 $4,120.873 $4,023.384
(in millions USD) 2023 2022 2021
Current assets
Cash $592.332 $672.596 $497.745
Short term investments
Net receivables $1,240.217 $1,358.907 $1,105.58
Inventory $1,035.582 $1,169.696 $935.387
Total current assets $3,144.155 $3,441.468 $2,736.828
Long term investments
Property, plant & equipment $2,409.36 $1,910.871 $1,566.123
Goodwill & intangible assets $644.982 $506.418 $66.137
Total noncurrent assets $3,494.939 $2,795.559 $1,901.843
Total investments
Total assets $6,639.094 $6,237.027 $4,638.671
Current liabilities
Accounts payable $364.39 $428.055 $450.723
Deferred revenue
Short long term debt $40.513 $388.796 $54.366
Total current liabilities $843.714 $1,356.987 $980.473
Long term debt $1,114.284 $1,113.249 $1,015.415
Total noncurrent liabilities $1,674.266 $1,593.611 $1,363.089
Total debt $1,154.797 $1,502.045 $1,069.781
Total liabilities $2,517.98 $2,950.598 $2,343.562
Stockholders' equity
Retained earnings $4,097.262 $3,312.438 $2,162.925
Other stockholder equity -$3.778 -$114.451 -$84.82
Total stockholder equity $4,120.873 $3,286.197 $2,294.877

Income statement

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Revenue
Total revenue $1,848.287 $2,003.051 $2,209.228 $2,344.989
Cost of revenue $1,552.046 $1,604.068 $1,784.142 $1,862.299
Gross profit $296.241 $398.983 $425.086 $482.69
Operating activities
Research & development
Selling, general & administrative $167.444 $162.532 $174.032 $162.953
Total operating expenses $167.444 $162.532 $178.918 $163.742
Operating income $128.797 $236.451 $246.168 $318.948
Income from continuing operations
EBIT $128.797 $236.451 $246.167 $318.948
Income tax expense $31.072 $48.422 $53.742 $76.099
Interest expense $11.878 $11.756 $8.259 $8.878
Net income
Net income $85.847 $176.273 $184.166 $233.971
Income (for common shares) $85.847 $176.273 $184.166 $233.971
(in millions USD) 2023 2022 2021
Revenue
Total revenue $8,799.533 $8,913.481 $6,729.76
Cost of revenue $6,987.618 $7,057.085 $5,623.903
Gross profit $1,811.915 $1,856.396 $1,105.857
Operating activities
Research & development
Selling, general & administrative $643.535 $544.984 $496.31
Total operating expenses $649.642 $274.488 $503.094
Operating income $1,162.273 $1,581.908 $602.763
Income from continuing operations
EBIT $1,162.094 $1,565.856 $585.922
Income tax expense $262.207 $297.885 $121.153
Interest expense $40.127 $50.709 $51.904
Net income
Net income $859.76 $1,217.262 $412.865
Income (for common shares) $859.76 $1,217.262 $412.865
(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Net income $85.847 $176.273 $184.166 $233.971
Operating activities
Depreciation $68.299 $69.186 $61.302 $55.129
Business acquisitions & disposals -$67.648 -$101.916
Stock-based compensation $14.988 $8.059 $16.529 $10.376
Total cash flows from operations $88.961 $261.06 $409.424 $375.772
Investing activities
Capital expenditures -$93.781 -$66.991 -$166.693 -$150.246
Investments
Total cash flows from investing -$91.987 -$66.473 -$230.065 -$252.56
Financing activities
Dividends paid -$18.626 -$18.748 -$18.679 -$18.733
Sale and purchase of stock -$47.939 -$28.408 -$18.567 -$16.516
Net borrowings -$7.487 -$17.326 -$26.314 -$219.254
Total cash flows from financing -$63.744 -$84.017 -$62.434 -$253.37
Effect of exchange rate -$0.439 $0.819 $0.107 $0.425
Change in cash and equivalents -$67.209 $111.389 $117.032 -$129.733
(in millions USD) 2023 2022 2021
Net income $859.76 $1,217.262 $412.865
Operating activities
Depreciation $218.83 $175.024 $167.613
Business acquisitions & disposals -$234.717 -$552.449 -$1.888
Stock-based compensation $60.529 $46.978 $43.677
Total cash flows from operations $1,344.103 $700.309 $228.474
Investing activities
Capital expenditures -$605.659 -$134.84 -$157.741
Investments
Total cash flows from investing -$835.227 -$684.715 -$162.129
Financing activities
Dividends paid -$74.936 -$67.749 -$57.766
Sale and purchase of stock -$101.406 -$161.88 -$3.166
Net borrowings -$410.607 $404.391 -$48.478
Total cash flows from financing -$599.479 $165.305 -$109.39
Effect of exchange rate $7.077 -$2.785 -$0.79
Change in cash and equivalents -$83.526 $178.114 -$43.835

Recent institutional transactions

Quarter Shareholder Change
Shares owned
Shares
Value (in thousands USD)
2024 Q1 Boston Partners
+23,390.66%
3,076,337 $180,751,743
2024 Q1 Fmr
-31.39%
4,506,916 $264,871,476
2024 Q1 Berkley W R Corp
-73.33%
520,000 $30,560,400
2024 Q1 Blackrock
-7.03%
14,536,648 $854,318,804
2024 Q1 Fuller & Thaler Asset Management, Inc
+16.18%
4,223,682 $248,225,817
2024 Q1 Victory Capital Management Inc
+25.39%
2,269,351 $133,369,758
2024 Q1 Morgan Stanley
-28.04%
1,161,882 $68,283,918
2024 Q1 Exoduspoint Capital Management, L.P.
+671.35%
440,864 $25,910
2024 Q1 Franklin Resources Inc
+52.69%
847,469 $49,805,752
2024 Q1 Northern Trust Corp
-11.53%
1,684,764 $99,013,581

Institutional shareholders

Shareholder Stake
Shares owned
Shares
Value (in thousands USD)
Blackrock 12.56% 14,536,648
Vanguard Group Inc 10.76% 12,450,082
Dimensional Fund Advisors L.P. 6.42% 7,423,712
State Street Corp 4.91% 5,685,219
Fmr 3.90% 4,506,916
Fuller & Thaler Asset Management, Inc 3.65% 4,223,682
Boston Partners 2.66% 3,076,337
Geode Capital Management 2.25% 2,601,379
Victory Capital Management Inc 1.96% 2,269,351
Citadel Advisors 1.81% 2,095,358