Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
Sector
Industrials
Industry
Metal Fabrication
Country
United States
Market cap
7.3B USD
Enterprise value
9.8B USD
Full-time employees
12,690
Overall health
Strength:more profitable than most peersmore profitable than peers
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.52 vs a peer median of 0.64)higher risk: bigger price swings (beta 1.52 vs peers 0.64)
Ranks #505 of 2,308 industrials companies (top 22%)
Share count shrinking. Shares outstanding down 5.6% from August 2023 to October 2026.
Commercial Metals had 5.6% fewer shares at October 2026 than at August 2023, mainly through buybacks, so each remaining share owns a larger slice of the business.
Fast revenue growth. Revenue grew 20% in the 12 months to August 2026 vs the 12 months before, faster than 86% of peers.
Revenue grew 20% in the 12 months to August 2026 vs the 12 months before, faster than 86% of its peers.
More volatile share price. Beta 1.52: tends to move more than the market.
Commercial Metals's shares have swung more with the market than most peers' (beta 1.52, above the market's 1.0).
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 79 → 77
Share price +4.4%-2
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Return on invested capital, operating margin, and return on assets.
Operating margin6.7%
Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Aug 2025Reported value33% base weight · Z-score -0.21Sector median: 0.0773 · MAD: 0.0507
Return on assets6.4%
SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score 1.37Sector median: 0.0311 · MAD: 0.0241
Return on invested capitalUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0715 · MAD: 0.0558
Other data (not scored)
Gross margin18.6%
SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038
Return on equity14.0%
SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639
Why it changed since the Oct 27, 2026 close: Safety percentile 26 → 27
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Commercial Metals
Is Commercial Metals getting weaker?
Its latest SEC filing (Oct 16, 2026) showed no major changes. Its overall score is unchanged at 65/100 since Oct 28, 2026.
How is Commercial Metals valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 77/100 against 2,459 industrials peers.Earnings yield 9.0% vs a peer median of 3.8% (stronger than 86% of peers).Earnings yield 9.0% vs peers 3.8% (stronger than 86% of peers).
Is Commercial Metals growing?
Yes, faster than most of its peers. Growth scores 94/100 against 2,459 industrials peers.Earnings per share growth 681.6% vs a peer median of 7.1% (stronger than 95% of peers).Earnings per share growth 681.6% vs peers 7.1% (stronger than 95% of peers).
How profitable is Commercial Metals?
More profitable than most of its peers. Profitability scores 61/100 against 2,459 industrials peers.Return on assets 6.4% vs a peer median of 3.1% (stronger than 80% of peers).Return on assets 6.4% vs peers 3.1% (stronger than 80% of peers).
How risky is Commercial Metals?
Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Current ratio 2.34× vs a peer median of 1.62× (stronger than 73% of peers).Current ratio 2.34× vs peers 1.62× (stronger than 73% of peers).Beta 1.52 vs a peer median of 0.64 (weaker than 94% of peers).Beta 1.52 vs peers 0.64 (weaker than 94% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Aug 31, 2026 · filed Oct 16, 2026 · compared with the quarter ended May 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
8.9B USD
9.4B USD
+6.1%
Net income (12 months)
595.1M USD
655.8M USD
+10.2%
Free cash flow (12 months)
405.0M USD
479.1M USD
+18.3%
Debt
3.4B USD
3.4B USD
−0.6%
Cash
563.2M USD
778.9M USD
+38.3%
Shares outstanding
110.6M
110.0M
−0.6%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
Commercial Metals looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Metal Fabrication companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY Aug 2022
FY Aug 2023
FY Aug 2024
FY Aug 2025
FY Aug 2026
Change
Gross margin
20.8%
20.6%
17.1%
15.6%
18.6%
▲ 3.0 pts
Net margin
13.7%
9.8%
6.1%
1.1%
7.0%
▲ 5.9 pts
Return on assets (ROA)
19.5%
12.9%
7.1%
1.2%
6.4%
▲ 5.2 pts
Return on equity (ROE)
37.0%
20.9%
11.3%
2.0%
14.0%
▲ 12 pts
Free cash flow margin
2.8%
8.4%
7.3%
4.0%
5.1%
▲ 1.1 pts
Current ratio
2.54×
3.73×
3.94×
2.78×
2.34×
▼ 16%
Quick ratio
1.67×
2.50×
2.78×
2.03×
1.66×
▼ 18%
Debt to equity
0.46×
0.28×
0.28×
0.33×
0.73×
▲ 123%
CMC price history
Price history is added with the daily price update and will appear after the next one.