Commercial Metals Company (CMC)
The company now
For the year ended August 31, 2026, CMC reported net sales of $9.39 billion and net earnings of $655.8 million 12.
In the fourth quarter, net earnings were $212.5 million, up 40.0 percent from a year earlier, on net sales of $2.66 billion 2.
Net earnings were $84.7 million a year earlier, after a charge of about $274 million, net of tax, for a contingent litigation loss 1.
Core EBITDA, an adjusted earnings measure the company uses, rose 35.1 percent to $393.7 million in the quarter 2.
CMC credited its North America steel business, the acquired precast operations and its TAG efficiency program 2.
Precast earnings fell below management's expectations, mainly because of weak residential demand in the Southeast 2.
Two things remain open: the appeal of a jury verdict in an antitrust case, and the start of sales from a new West Virginia steel mill in fiscal 2027 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.