Commercial Metals Company (CMC) quarterly cash flow statement — complete operating, investing & financing history
Commercial Metals Company (CMC) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 455.94M | 232.57M | 166.27M | 204.19M | 315.2M | 154.4M | 32.44M | 213.02M | 351.82M | 197.87M | 88.96M | 261.06M | 409.42M | 375.77M | 186.54M | 372.37M | 458.56M | 187.38M | 28.59M | 25.78M |
| Operating CF Margin % | 17.15% | 9.37% | 7.8% | 9.63% | 14.91% | 7.64% | 1.85% | 11.16% | 17.62% | 9.52% | 4.81% | 13.03% | 18.53% | 16.02% | 9.24% | 16.72% | 19.05% | 7.45% | 1.42% | 1.3% |
| Operating CF Growth % | 44.65% | 50.63% | 412.53% | -4.15% | -10.41% | -21.97% | -63.53% | -18.4% | -14.07% | -47.34% | -52.31% | -29.89% | -10.72% | 100.54% | 552.48% | 1344.47% | 241.59% | 101.42% | 115.1% | 313.26% |
| Net Income | 212.52M | 173.01M | 93.03M | 177.28M | 151.78M | 83.13M | 25.47M | -175.72M | 103.93M | 119.44M | 85.85M | 176.27M | 184.17M | 233.97M | 179.85M | 261.77M | 288.63M | 312.43M | 383.31M | 232.89M |
| Depreciation & Amortization | 113.21M | 107.42M | 102.57M | 72.72M | 72.48M | 72.38M | 70.58M | 70.44M | 72.19M | 70.69M | 68.3M | 69.19M | 61.3M | 55.13M | 51.22M | 51.18M | 49.08M | 43.58M | 41.13M | 41.23M |
| Stock-Based Compensation | 6.51M | 11.38M | 14.81M | 11.24M | 9.24M | 9.55M | 8.04M | 10.23M | 9.17M | 12.85M | 14.99M | 8.06M | 16.53M | 10.38M | 16.95M | 16.68M | 9.12M | 11.99M | 16.25M | 9.62M |
| Deferred Taxes | -4.13M | -3.4M | 10.93M | -7.53M | -4.09M | 873K | -18.15M | -76.94M | -11.25M | -5.97M | -19.44M | 21.34M | 17.1M | 7.88M | 10.19M | 16.74M | 21.93M | 29.26M | 40.08M | -5.1M |
| Other Non-Cash Items | 174.24M | 2.9M | -184K | 31.94M | -13.7M | 8.15M | 14.02M | 358.76M | 865K | -2.35M | 860K | 11.76M | 6.93M | 4.96M | -13.48M | 5.97M | 2.24M | 1.83M | -255.38M | -583K |
| Working Capital Changes | -46.41M | -58.75M | -54.88M | -81.46M | 99.49M | -19.67M | -67.52M | 26.25M | 176.91M | 3.21M | -61.59M | -25.56M | 123.39M | 63.45M | -58.19M | 20.03M | 87.55M | -211.72M | -196.81M | -252.27M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -155.04M | -152.62M | -2.64B | -118M | -84.16M | -87.48M | -61.66M | -113.49M | -82.06M | -82.49M | -91.99M | -66.47M | -230.06M | -252.56M | -157.05M | -195.55M | -155.97M | -649.83M | 189.81M | -68.73M |
| Capital Expenditures | -175.57M | -156.14M | -122.69M | -125.44M | -108.92M | -89.45M | -86.27M | -118.19M | -81.47M | -82.03M | -93.78M | -66.99M | -166.92M | -150.49M | -156.2M | -133.05M | -155.64M | -102.78M | -121.41M | -70.15M |
| CapEx % of Revenue | 6.6% | 6.29% | 5.75% | 5.92% | 5.15% | 4.43% | 4.92% | 6.19% | 4.08% | 3.95% | 5.07% | 3.34% | 7.56% | 6.42% | 7.74% | 5.97% | 6.47% | 4.09% | 6.04% | 3.54% |
| Acquisitions | -302K | -43K | -2.52B | 0 | 25.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67.65M | -101.92M | -1.41M | -63.74M | 0 | -552.45M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 20.84M | 3.56M | 2.32M | 7.43M | -565K | 1.97M | 24.61M | 4.7M | -587K | -456K | 1.79M | 518K | 4.51M | -153K | 555K | 1.25M | -330K | 5.41M | 311.23M | 1.42M |
| Cash from Financing | -84.7M | -20.16M | -59.19M | 1.9B | -80.47M | 66.97M | -68.44M | -101.51M | -111.1M | -54.9M | -63.74M | -84.02M | -62.43M | -253.37M | -9.86M | -273.81M | -158.95M | -146K | 363.71M | -39.3M |
| Debt Issued (Net) | -13.48M | -24.58M | -40.91M | 1.99B | -11.09M | 137.56M | -9.3M | -10.94M | -28.59M | 17.06M | -7.49M | -17.33M | -26.31M | -219.25M | 17.35M | -180.5M | 400K | 30.47M | 427.83M | -598K |
| Equity Issued (Net) | -26.7M | -18.9M | -18.3M | -38.9M | -58.79M | -49.72M | -48.02M | -69.98M | -54.77M | -51.15M | -37.63M | -47.94M | -17.44M | -15.39M | -8.45M | -72.66M | -105.61M | -38.59M | -6.05M | -5.31M |
| Dividends Paid | -22.12M | -22.16M | -19.97M | -20M | -20.13M | -20.32M | -20.43M | -20.55M | -20.68M | -20.82M | -18.63M | -18.75M | -18.68M | -18.73M | -18.74M | -18.79M | -16.75M | -16.99M | -16.99M | -17.02M |
| Share Repurchases | -26.7M | -18.9M | -18.3M | -38.9M | -58.79M | -49.72M | -48.02M | -69.98M | -54.77M | -51.15M | -37.63M | -47.94M | -17.44M | -15.39M | -8.45M | -72.66M | -105.61M | -38.59M | -6.05M | -5.31M |
| Other Financing | -22.4M | 45.48M | 19.99M | -31.14M | 9.55M | -556K | 9.3M | -38K | -7.06M | 7K | 0 | 0 | -1K | 9K | -27K | -1.87M | -37M | 24.97M | -41.09M | -16.37M |
| Net Change in Cash | 215.63M | 59.59M | -2.53B | 1.99B | 150.25M | 135.7M | -97.46M | -2.67M | 159.04M | 60.61M | -67.21M | 111.39M | 117.03M | -129.73M | 21.03M | -91.86M | 142.71M | -463.17M | 581.38M | -82.81M |
| Free Cash Flow | 280.37M | 76.43M | 43.57M | 78.75M | 206.29M | 64.95M | -53.83M | 94.84M | 270.35M | 115.84M | -4.82M | 194.07M | 242.5M | 225.28M | 30.34M | 239.32M | 302.92M | 84.59M | -92.82M | -44.37M |
| FCF Margin % | 10.55% | 3.08% | 2.04% | 3.71% | 9.76% | 3.22% | -3.07% | 4.97% | 13.54% | 5.57% | -0.26% | 9.69% | 10.98% | 9.61% | 1.5% | 10.74% | 12.58% | 3.36% | -4.62% | -2.24% |
| FCF Growth % | 35.91% | 17.67% | 180.95% | -16.96% | -23.7% | -43.93% | -1016.72% | -51.13% | 11.48% | -48.58% | -115.89% | -18.91% | -19.95% | 166.31% | 132.68% | 639.36% | 291.01% | 58.65% | -149.55% | 9.98% |
| FCF per Share | 2.51 | 0.68 | 0.39 | 0.70 | 1.83 | 0.57 | -0.47 | 0.83 | 2.33 | 0.99 | -0.04 | 1.64 | 2.04 | 1.90 | 0.26 | 2.01 | 2.51 | 0.69 | -0.76 | -0.36 |
| FCF Conversion (FCF/Net Income) | 2.15x | 1.34x | 1.79x | 1.15x | 2.08x | 1.86x | 1.27x | -1.21x | 3.39x | 1.66x | 1.04x | 1.48x | 2.22x | 1.61x | 1.04x | 1.42x | 1.59x | 0.60x | 0.07x | 0.11x |
| Interest Paid | 0 | 42.6M | 14.27M | 14.51M | -37.19M | 11.91M | 14.01M | 11.27M | 13.86M | 11.34M | 13.37M | 10.89M | 13.13M | 16.27M | 12.84M | 22.2M | 12.94M | 9.48M | 16.12M | 8.79M |
| Taxes Paid | 0 | 7.98M | 22.6M | 2.88M | -36.12M | 36.12M | 0 | 0 | 27.23M | 44.72M | 85.11M | 1.4M | 49.23M | 36.07M | 98.89M | 15.69M | 39.83M | 56.3M | 117.9M | 15.3M |