Stock Analysis
Commercial Metals CompanyCMC
P/E 16.21×· 5Y range 3.94–197.98×· 70th percentile of history
Sector: Industrials · Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
AnalystsBuy18 analystsP/E 16.2× sits at the 70th percentile of its 5.089664613278576-year history.
Cash covers 15% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality77
- Financial Health73
Risks
- Growth31
- Profitability49
Mixed picture — no clear quality or value edge.
What's happening with CMC
Profile
Strong earnings quality; moat, growth and profitability lag behind.
How is each axis scored?
- Valuation70/100 · Moderate
- P/E vs own history (70th pct)5/25
- FCF yield (5.6%)20/25
- P/S (0.8x)25/25
- EV/EBIT (11.8x)20/25
- Growth31/100 · Weak
- Revenue CAGR (3.8%)6/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (81.8%)25/25
- Profitability49/100 · Weak
- ROIC (9.3%)12/25
- ROE (13.7%)12/25
- Net margin (6.7%)13/25
- Operating margin (9.6%)12/25
- Financial Health73/100 · Moderate
- Altman Z (2.33)18/25
- Current ratio (2.38)25/25
- Interest coverage (7.4x)18/25
- Net cash / debt (D/A 29%)12/25
- Quality77/100 · Strong
- Piotroski F (3/9)5/25
- Beneish M (-2.89)25/25
- FCF conversion (91%)22/25
- Margin stability (σ 4.3%)25/25
- Moat28/100 · Weak
- ROIC >12% years (4/9 yrs)6/25
- Median gross margin (16.4%)0/25
- FCF-positive years (6/9 yrs)10/25
- Worst-year net margin (worst 1.0%)12/25
About Commercial Metals Company
Commercial Metals Co is a manufacturer and supplier of early-stage construction materials, including steel reinforcing bars, concrete pipes, precast products, and soil stabilization solutions. Show more
It also produces merchant bar, steel fence posts, and wire rod, serving domestic and some international markets in Europe and Asia. Its products are used in infrastructure and building projects such as highways, bridges, airports, and commercial and residential buildings.
Headquarters: IRVING, TX · Employees: 12,690 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
70B+P/E (TTM)16.2xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 3.9x–198.0x · 70th pct
P/FCF18.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
FCF Yield5.6%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.8%–16.8% · 37th pct · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
P/S (TTM)0.81xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.5x–1.2x · 75th pct
EV/EBIT11.8xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 3.5x–157.2x · 73rd pct
EV/Sales1.1xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E8.9xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.63xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.36A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.13%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio13.8%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Elevated investment: Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Profitability
49D+ROIC9.3%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE13.7%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA6.7%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin6.7%C
Grade C: AverageNet Income / Revenue
Operating Margin9.6%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin18.6%D
Grade D: LowGross Profit / Revenue
FCF Margin4.6%D
Grade D: LowFCF / Revenue · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
True FCF Margin4.0%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Growth
31DRevenue CAGR3.8%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth81.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
73B+Altman Z-Score2.33C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.38xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.31xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage7.4xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment6.9yC
Grade C: AverageYears to repay net debt via FCF · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Net Debt/EBIT3.3xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.75xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.15xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
77B+Piotroski F-Score3/9D
Grade D: WeakFinancial strength 0–9. >7 Strong
Beneish M-Score-2.89A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion91.4%A
Grade A: StrongFCF / Net Income · Elevated investment — CapEx = 56% of operating cash flow, weighing on reported FCF
Margin Stability4.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue5.8%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.99xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Halloran Brian N. Filed | Halloran Brian N. | Tax withholding | -906 | |
Halloran Brian N. Filed | Halloran Brian N. | Tax withholding | -450 | |
Ghelani Kekin Filed | Ghelani Kekin | Tax withholding | -1270 | |
Ghelani Kekin Filed | Ghelani Kekin | Tax withholding | -608 | |
Ghelani Kekin Filed | Ghelani Kekin | Tax withholding | -1222 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
SLOAN LINDSAY L Filed | SLOAN LINDSAY L | Tax withholding | -243 | |
SLOAN LINDSAY L Filed | SLOAN LINDSAY L | Tax withholding | -245 | |
ABSHER JODY K Filed | ABSHER JODY K | Tax withholding | -1391 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
28EROIC >12% Years4/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)16.4%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years6/9 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor1.0%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.01
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.06
Cash & short-term investments per share (Finnhub)
Book Value / Share$40.94
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$3.31B
Total debt obligations (short + long term)
Cash & Equiv.$495.04M
Cash and short-term investments
Net Debt$2.81B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$4.41B
Shareholders' equity (book value)
Asset / Liability1.85xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$7.19B
Current Market Capitalization
Beta1.57C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of May 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Commercial Metals Company (CMC)
CMC is down 0.60% at the last close. Commercial Metals Company meets only 3 of 9 Piotroski F-Score criteria — a sign of weak underlying fundamentals. Altman Z-Score of 2.33 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out.
- Beneish M-Score of -2.89 suggests a low likelihood of earnings manipulation.
- Takes ~6.9 years to repay net debt from free cash flow.
- At a valuation score of 70/100, CMC trades near the cheapest end of its own historical range (P/E 16.2).
See how CMC ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Oct 15, 2026 | Pre-Mkt | $2.01 | — | — | $2.6B | — |
Recent Market Moves
See all CMC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Pre-market | 73.13 | +15.02% | 7.30 |
| Oct 5 | Regular | 66.35 | +4.35% | 2.40 |
Frequently Asked Questions about CMC
What is the current Commercial Metals Company (CMC) stock price?
CMC is trading at $64.98 at the last market close, down 0.60% on the session. PreMarketPrice tracks CMC pre-market, intraday and after-hours prices.
Is CMC stock a buy right now?
PreMarketPrice's quantitative model rates Commercial Metals Company's financial health at 73/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CMC stock overvalued?
Commercial Metals Company trades at a trailing P/E of 16.2 and our valuation score rates it 70/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Commercial Metals Company report earnings?
No confirmed earnings date is currently scheduled for CMC. The Earnings section lists recent reports and updates as dates are announced.
What sector does Commercial Metals Company operate in?
Commercial Metals Company operates in the Industrials sector, within the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. The Related Stocks section lists sector peers for comparison.
What does Commercial Metals Company do?
Commercial Metals Co is a manufacturer and supplier of early-stage construction materials, including steel reinforcing bars, concrete pipes, precast products, and soil stabilization solutions.
About Commercial Metals Company (CMC) Stock
Commercial Metals Company (CMC) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. As of the latest update, Commercial Metals Company is trading at $64.98, down 0.60% on the day with a market capitalization of $7.2 billion. The financial health score for CMC is 73/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CMC stock.
CMC Stock Analysis & Key Metrics
On PreMarketPrice, you can track Commercial Metals Company (CMC) across multiple dimensions:
- Pre-market price & movement: Real-time CMC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for CMC, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CMC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Commercial Metals Company across multiple reporting periods.
- Financial health score: A composite score of 73/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CMC.
- Sector peers: Compare CMC against 6 other industrials stocks on key financial metrics.
Is CMC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Commercial Metals Company (CMC) as an investment. The financial health score of 73/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Commercial Metals Company (CMC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.