| Market cap | $5.63B |
|---|---|
| Enterprise value | $7.05B |
| 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% |
| Volume | 802.747k / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 5.83 |
|---|---|
| EPS Q/Q | 94.44% |
| Est. EPS Q/Q | 22.22% |
| Profit margin | 9.77% |
|---|---|
| Oper. margin | 11.07% |
| Gross margin | 20.59% |
| EBIT margin | 11.07% |
| EBITDA margin | 14.16% |
| Ret. on assets | 10.26% |
|---|---|
| Ret. on equity | 16.40% |
| ROIC | 18.05% |
| ROCE | 15.77% |
| Debt/Equity | 0.61 |
|---|---|
| Net debt/EBITDA | 1.86 |
| Current ratio | 4.19 |
| Quick ratio | 2.69 |
| Volatility | 2.43% |
|---|---|
| Beta | 1.08 |
| RSI | 30.78 |
|---|
| Insider ownership | 0.88% |
|---|---|
| Inst. ownership | 88.54% |
| Shares outst. | 115.708M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 3.97% |
| Short ratio | 3.35 |
| Dividend | $0.66 |
|---|---|
| Dividend yield | 1.30% |
| Payout ratio | 11.32% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 20 Jun 2024 |
Monday, 20 May 2024
|
|
| CMC Announces Third Quarter Fiscal 2024 Conference Call Webcast Details | |
Saturday, 23 March 2024
|
|
| Commercial Metals Company Q2 2024 Earnings Call Transcript | |
Saturday, 9 March 2024
|
|
| 10 Best Steel Stocks to Buy According to Analysts | |
Tuesday, 5 March 2024
|
|
| Jim Cramer’s Latest Lightning Round: 11 Stock Recommendations | |
Tuesday, 16 January 2024
|
|
| Commercial Metals Co's Dividend Analysis | |
Monday, 15 January 2024
|
|
| Commercial Metals Suffers From Weak UK Market Conditions | |
Tuesday, 9 January 2024
|
|
| Company News for Jan 9, 2024 | |
Monday, 8 January 2024
|
|
| Commercial Metals Co Reports Q1 Fiscal 2024 Earnings | |
Monday, 1 January 2024
|
|
| Earnings Preview: Commercial Metals Q1 Earnings Expected to Decline | |
Friday, 18 August 2023
|
|
| Dow Jones Futures: Nvidia Earnings, Powell Speech Loom Large; What To Do Now | |
Sunday, 23 July 2023
|
|
| 10 Best Steel Stocks to Invest In | |
| Is Commercial Metals Company's Latest Stock Performance A Reflection Of Its Financial Health? | |
Tuesday, 11 July 2023
|
|
| Commercial Metals Q3 2023 Earnings Call Transcript | |
Monday, 26 June 2023
|
|
| Analysts Are Increasing Price Targets of These 10 Stocks | |
Friday, 23 June 2023
|
|
| 2 Recent Earnings Beaters to Consider | |
Monday, 1 May 2023
|
|
| Commercial Metals Company Acquires Geogrid Manufacturing Plant | |
Wednesday, 26 April 2023
|
|
| Commercial Metals Company Supports Global Standard to Measure and Report Carbon Emissions | |
Friday, 27 January 2023
|
|
| We Ran A Stock Scan For Earnings Growth And Commercial Metals Passed With Ease | |
Tuesday, 10 January 2023
|
|
| Commercial Metals Q1 2023 Earnings Call Transcript | |
Monday, 9 January 2023
|
|
| Commercial Metals Surges On Earnings Beat, Strong Demand, Steel Prices | |
Sunday, 8 January 2023
|
|
| Dow Jones Futures Loom After Market Rally Takes Big Step; 9 Stocks Flash Buy Signals | |
Friday, 6 January 2023
|
|
| Market Rally Takes Big Step, 9 Stocks Flash Buy Signals; Tesla's EV Price War | |
Monday, 12 December 2022
|
|
| 11 Best Steel Stocks To Buy Today | |
Friday, 9 December 2022
|
|
| Commercial Metals Company Announces First Quarter Fiscal 2023 Conference Call Webcast Details | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Barbara Smith Executive Chairman | Sale 27 Mar 2024 | $2,066,548 |
| Barbara Smith Executive Chairman | Sale 7 Feb 2024 | $1,219,921 |
| Barbara Smith Executive Chairman | Sale 2 Feb 2024 | $3,085,312 |
| Lindsay L Sloan Vice President and Chief Accounting Officer | Sale 26 Jan 2024 | $30,912 |
| Barbara Smith Executive Chairman | Sale 18 Jan 2024 | $2,856,268 |
| Barbara Smith Executive Chairman | Sale 16 Jan 2024 | $7,124,591 |
| Stephen William Simpson SVP and N. American Steel Group | Sale 13 Nov 2023 | $202,500 |
| Peter R Matt President and CEO | Buy 23 Oct 2023 | $249,860 |
| Barbara Smith Executive Chairman | Sale 25 Jul 2023 | $2,729,433 |
| Barbara Smith Executive Chairman | Sale 18 Jul 2023 | $95,965 |
| Lindsay L Sloan Vice President and Chief Accounting Officer | Sale 14 Jul 2023 | $5,517 |
Powered by
Robintrack.
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% |
| 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 |
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% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $638.261 | $704.603 | |||
| Short term investments | |||||
| Net receivables | $1,118.514 | $1,216.352 | |||
| Inventory | $1,150.447 | $1,028.686 | |||
| Total current assets | $3,198.09 | $3,243.827 | |||
| Long term investments | |||||
| Property, plant & equipment | $2,474.52 | $2,423.684 | |||
| Goodwill & intangible assets | $629.532 | $634.987 | |||
| Total noncurrent assets | $3,464.175 | $3,451.342 | |||
| Total investments | |||||
| Total assets | $6,662.265 | $6,695.169 | |||
| Current liabilities | |||||
| Accounts payable | $367.944 | $343.831 | |||
| Deferred revenue | |||||
| Short long term debt | $35.588 | $33.998 | |||
| Total current liabilities | $762.547 | $786.955 | |||
| Long term debt | $1,126.216 | $1,120.472 | |||
| Total noncurrent liabilities | $1,677.03 | $1,678.237 | |||
| Total debt | $1,161.804 | $1,154.47 | |||
| Total liabilities | $2,439.577 | $2,465.192 | |||
| Stockholders' equity | |||||
| Retained earnings | $4,322.008 | $4,254.787 | |||
| Other stockholder equity | -$71.519 | -$24.738 | |||
| Total stockholder equity | $4,222.447 | $4,229.736 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $592.332 | $672.596 | ||
| Short term investments | ||||
| Net receivables | $1,240.217 | $1,358.907 | ||
| Inventory | $1,035.582 | $1,169.696 | ||
| Total current assets | $3,144.155 | $3,441.468 | ||
| Long term investments | ||||
| Property, plant & equipment | $2,409.36 | $1,910.871 | ||
| Goodwill & intangible assets | $644.982 | $506.418 | ||
| Total noncurrent assets | $3,494.939 | $2,795.559 | ||
| Total investments | ||||
| Total assets | $6,639.094 | $6,237.027 | ||
| Current liabilities | ||||
| Accounts payable | $364.39 | $428.055 | ||
| Deferred revenue | ||||
| Short long term debt | $40.513 | $388.796 | ||
| Total current liabilities | $843.714 | $1,356.987 | ||
| Long term debt | $1,114.284 | $1,113.249 | ||
| Total noncurrent liabilities | $1,674.266 | $1,593.611 | ||
| Total debt | $1,154.797 | $1,502.045 | ||
| Total liabilities | $2,517.98 | $2,950.598 | ||
| Stockholders' equity | ||||
| Retained earnings | $4,097.262 | $3,312.438 | ||
| Other stockholder equity | -$3.778 | -$114.451 | ||
| Total stockholder equity | $4,120.873 | $3,286.197 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $1,848.287 | $2,003.051 | |||
| Cost of revenue | $1,552.046 | $1,604.068 | |||
| Gross profit | $296.241 | $398.983 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $167.444 | $162.532 | |||
| Total operating expenses | $167.444 | $162.532 | |||
| Operating income | $128.797 | $236.451 | |||
| Income from continuing operations | |||||
| EBIT | $128.797 | $236.451 | |||
| Income tax expense | $31.072 | $48.422 | |||
| Interest expense | $11.878 | $11.756 | |||
| Net income | |||||
| Net income | $85.847 | $176.273 | |||
| Income (for common shares) | $85.847 | $176.273 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $8,799.533 | $8,913.481 | ||
| Cost of revenue | $6,987.618 | $7,057.085 | ||
| Gross profit | $1,811.915 | $1,856.396 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $643.535 | $544.984 | ||
| Total operating expenses | $649.642 | $274.488 | ||
| Operating income | $1,162.273 | $1,581.908 | ||
| Income from continuing operations | ||||
| EBIT | $1,162.094 | $1,565.856 | ||
| Income tax expense | $262.207 | $297.885 | ||
| Interest expense | $40.127 | $50.709 | ||
| Net income | ||||
| Net income | $859.76 | $1,217.262 | ||
| Income (for common shares) | $859.76 | $1,217.262 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $85.847 | $176.273 | |||
| Operating activities | |||||
| Depreciation | $68.299 | $69.186 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $14.988 | $8.059 | |||
| Total cash flows from operations | $88.961 | $261.06 | |||
| Investing activities | |||||
| Capital expenditures | -$93.781 | -$66.991 | |||
| Investments | |||||
| Total cash flows from investing | -$91.987 | -$66.473 | |||
| Financing activities | |||||
| Dividends paid | -$18.626 | -$18.748 | |||
| Sale and purchase of stock | -$47.939 | -$28.408 | |||
| Net borrowings | -$7.487 | -$17.326 | |||
| Total cash flows from financing | -$63.744 | -$84.017 | |||
| Effect of exchange rate | -$0.439 | $0.819 | |||
| Change in cash and equivalents | -$67.209 | $111.389 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $859.76 | $1,217.262 | ||
| Operating activities | ||||
| Depreciation | $218.83 | $175.024 | ||
| Business acquisitions & disposals | -$234.717 | -$552.449 | ||
| Stock-based compensation | $60.529 | $46.978 | ||
| Total cash flows from operations | $1,344.103 | $700.309 | ||
| Investing activities | ||||
| Capital expenditures | -$605.659 | -$134.84 | ||
| Investments | ||||
| Total cash flows from investing | -$835.227 | -$684.715 | ||
| Financing activities | ||||
| Dividends paid | -$74.936 | -$67.749 | ||
| Sale and purchase of stock | -$101.406 | -$161.88 | ||
| Net borrowings | -$410.607 | $404.391 | ||
| Total cash flows from financing | -$599.479 | $165.305 | ||
| Effect of exchange rate | $7.077 | -$2.785 | ||
| Change in cash and equivalents | -$83.526 | $178.114 | ||
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 |
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