Last 46 quarters of trend data · Basic Materials · Steel
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Commercial Metals Company's quarterly P/E stands at 10.1x. EV/EBITDA has compressed 9.2% YoY to 8.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 99.04 | 10.09 | 10.68 | 15.96 | 55.05 | — | 14.89 | 13.80 | 18.49 | 7.61 | 9.02 | 5.40 | 8.57 |
| — | — | -28.3% | +15.6% | +197.7% | — | +65.0% | +155.7% | +115.8% | +36.0% | +113.8% | +38.0% | +177.4% | |
| P/S Ratio | 1.04 | 0.84 | 0.77 | 0.65 | 0.79 | 0.92 | 0.78 | 0.79 | 0.86 | 0.67 | 0.76 | 0.54 | 0.76 |
| — | -8.4% | -1.2% | -17.1% | -7.9% | +37.6% | +3.0% | +46.5% | +12.8% | +1.9% | +49.1% | +11.3% | +29.1% | |
| P/B Ratio | 1.99 | 1.66 | 1.55 | 1.29 | 1.38 | 1.75 | 1.44 | 1.54 | 1.50 | 1.27 | 1.62 | 1.26 | 1.62 |
| — | -5.3% | +7.3% | -16.3% | -8.0% | +38.2% | -10.8% | +22.6% | -7.5% | -22.3% | +9.1% | -19.0% | -1.6% | |
| P/FCF | 26.06 | 22.73 | 7.88 | 20.36 | — | 18.55 | 5.75 | 14.18 | — | 6.91 | 6.88 | 5.62 | 50.63 |
| — | +22.5% | +37.1% | +43.6% | — | +168.4% | -16.5% | +152.5% | — | +13.0% | +70.9% | -61.0% | — | |
| EV / EBITDA | 10.48 | 8.35 | 5.95 | 7.30 | 12.20 | 9.19 | 7.17 | 7.27 | 8.71 | 4.84 | 5.77 | 3.84 | 5.82 |
| — | -9.2% | -17.1% | +0.4% | +40.0% | +90.0% | +24.3% | +89.4% | +49.8% | +18.0% | +62.9% | +18.4% | +33.3% | |
| EV / EBIT | 16.25 | 11.42 | 8.29 | 11.93 | 31.65 | — | 11.21 | 10.25 | 13.33 | 6.15 | 7.35 | 4.50 | 7.03 |
| — | — | -26.1% | +16.3% | +137.3% | — | +52.5% | +127.7% | +89.6% | +30.9% | +81.7% | +25.5% | +173.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Commercial Metals Company's operating margin was 10.0% in Q1 2026, down 0.1 pp QoQ and up 3.2 pp YoY. The trailing four-quarter average of 7.3% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 19.1% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.6% | 19.2% | 18.6% | 14.8% | 12.5% | 16.1% | 16.2% | 16.4% | 16.0% | 19.7% | 19.2% | 20.6% | 19.6% |
| — | +19.1% | +14.8% | -9.3% | -21.9% | -18.2% | -15.9% | -20.4% | -18.4% | -13.6% | -8.8% | -7.4% | +0.1% | |
| Operating Margin | 6.7% | 10.0% | 10.1% | 6.1% | 3.0% | 6.8% | 7.8% | 8.3% | 7.0% | 11.6% | 11.4% | 13.6% | 12.2% |
| — | +46.5% | +29.4% | -25.9% | -57.5% | -41.1% | -31.6% | -39.0% | -42.7% | -26.8% | -22.3% | -18.5% | -8.1% | |
| Net Margin | 1.1% | 8.4% | 7.2% | 4.1% | 1.5% | -9.2% | 5.2% | 5.7% | 4.6% | 8.8% | 8.3% | 10.0% | 8.9% |
| — | +190.9% | +37.9% | -28.4% | -68.7% | -204.6% | -37.5% | -42.4% | -47.9% | -25.1% | -30.5% | -19.7% | -53.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.0% | 4.2% | 3.7% | 2.1% | 0.6% | -4.2% | 2.4% | 2.8% | 2.0% | 4.2% | 4.5% | 6.0% | 4.9% |
| — | +198.6% | +50.8% | -27.2% | -68.8% | -200.1% | -46.3% | -53.0% | -58.4% | -44.6% | -49.6% | -42.3% | -65.9% | |
| ROA | 1.2% | 2.2% | 2.1% | 1.2% | 0.4% | -2.6% | 1.5% | 1.8% | 1.3% | 2.6% | 2.8% | 3.6% | 2.8% |
| — | +183.5% | +39.5% | -32.0% | -70.6% | -197.8% | -45.1% | -50.4% | -54.4% | -36.8% | -40.2% | -33.2% | -62.4% | |
| ROIC | 8.5% | 2.8% | 3.5% | 2.1% | 0.9% | 2.2% | 2.5% | 2.7% | 2.0% | 3.7% | 4.0% | 5.2% | 4.1% |
| — | +31.0% | +42.2% | -23.9% | -56.7% | -41.4% | -38.2% | -47.4% | -50.6% | -40.6% | -36.3% | -36.2% | -31.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Commercial Metals Company's Debt/EBITDA ratio is 11.8x, up from 4.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 62.0% YoY to 4.47x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.32 | 0.78 | 0.32 | 0.33 | 0.30 | 0.30 | 0.28 | 0.28 | 0.28 | 0.27 | 0.28 | 0.29 | 0.36 |
| — | +162.9% | +16.7% | +16.4% | +8.2% | +8.3% | -1.3% | -2.2% | -23.7% | -26.6% | -38.7% | -41.2% | -29.7% | |
| Debt / EBITDA | 1.68 | 11.79 | 4.73 | 6.84 | 9.75 | 5.92 | 5.21 | 4.94 | 5.89 | 3.84 | 3.68 | 3.10 | 4.60 |
| — | +99.1% | -9.3% | +38.5% | +65.4% | +54.2% | +41.7% | +59.4% | +28.2% | +16.1% | -1.2% | -6.7% | -4.1% | |
| Current Ratio | 2.78 | 4.47 | 2.78 | 2.86 | 2.82 | 2.76 | 3.94 | 4.24 | 4.19 | 4.12 | 3.73 | 3.68 | 3.07 |
| — | +62.0% | -29.6% | -32.5% | -32.8% | -33.0% | +5.8% | +15.0% | +36.4% | +37.8% | +46.9% | +48.8% | -27.3% | |
| Quick Ratio | 2.03 | 3.70 | 2.03 | 2.00 | 1.94 | 1.94 | 2.78 | 2.83 | 2.69 | 2.81 | 2.50 | 2.34 | 2.00 |
| — | +91.0% | -26.8% | -29.2% | -27.8% | -31.2% | +11.2% | +20.9% | +34.2% | +43.0% | +49.3% | +55.2% | -29.7% | |
| Interest Coverage | 11.43 | 8.51 | 17.60 | 11.43 | 4.66 | 11.48 | 12.84 | 14.23 | 10.84 | 19.69 | 30.57 | 35.93 | 24.68 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Quick answers to the most common questions about buying CMC stock.
Commercial Metals Company's current P/E is 99.0x. The average P/E over the last 4 quarters is 22.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Commercial Metals Company's current operating margin is 6.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Commercial Metals Company's business trajectory between earnings reports.