Commercial Metals Company (CMC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q4'21 |
|---|
| Sales/Revenue | 2.48B | 2.13B | 2.12B | 2.11B | 2.02B | 1.75B | 1.91B | 2B | 2.08B | 1.85B | 2B | 2.21B | 2.34B | 2.02B | 2.23B | 2.41B | 2.52B | 2.01B | 1.98B | 2.03B |
| Revenue Growth % | 22.93% | 21.53% | 11.03% | 5.93% | -2.81% | -5.08% | -4.67% | -9.64% | -11.36% | -8.41% | -10.07% | -8.22% | -6.79% | 0.45% | 12.39% | 18.54% | 36.35% | 37.38% | 42.39% | 44.11% |
| Cost of Goods Sold | 2.03B | 1.74B | 1.71B | 1.72B | 1.72B | 1.53B | 1.6B | 1.67B | 1.74B | 1.55B | 1.61B | 1.78B | 1.86B | 1.62B | 1.72B | 1.9B | 1.96B | 1.61B | 1.59B | 1.69B |
| COGS % of Revenue | 81.67% | 81.81% | 80.8% | 81.42% | 85.15% | 87.49% | 83.88% | 83.82% | 83.62% | 83.97% | 80.29% | 80.76% | 79.42% | 80.36% | 77.2% | 78.9% | 77.77% | 80.39% | 80.05% | 83.08% |
| Gross Profit | 455.14M | 387.9M | 407.14M | 392.81M | 299.92M | 219.55M | 307.88M | 323.06M | 340.4M | 296.24M | 394.76M | 425.09M | 482.69M | 396.24M | 507.9M | 507.81M | 559.27M | 393.92M | 395.39M | 343.67M |
| Gross Margin % | 18.33% | 18.19% | 19.2% | 18.58% | 14.85% | 12.51% | 16.12% | 16.18% | 16.38% | 16.03% | 19.71% | 19.24% | 20.58% | 19.64% | 22.8% | 21.1% | 22.23% | 19.61% | 19.95% | 16.92% |
| Gross Profit Growth % | 51.75% | 76.68% | 32.24% | 21.59% | -11.89% | -25.89% | -22.01% | -24% | -29.48% | -25.24% | -22.28% | -16.29% | -13.69% | 0.59% | 28.45% | 47.76% | 79.67% | 68.4% | 82.22% | 30.47% |
| Operating Expenses | 222.31M | 233.17M | 195.62M | 179.05M | 175.77M | 167.56M | 177.86M | 167.13M | 167.97M | 167.44M | 163.33M | 172.63M | 163.74M | 150.81M | 156.35M | 153.87M | 139.56M | 127.98M | 122.59M | 136.82M |
| OpEx % of Revenue | 8.95% | 10.94% | 9.23% | 8.47% | 8.7% | 9.55% | 9.31% | 8.37% | 8.08% | 9.06% | 8.15% | 7.81% | 6.98% | 7.47% | 7.02% | 6.39% | 5.55% | 6.37% | 6.19% | 6.74% |
| Selling, General & Admin | 222.31M | 233.17M | 195.62M | 180.22M | 175.77M | 167.56M | 177.86M | 167.13M | 167.97M | 167.44M | 163.33M | 172.63M | 163.74M | 150.81M | 156.35M | 153.87M | 139.56M | 127.98M | 122.59M | 136.82M |
| SG&A % of Revenue | 8.95% | 10.94% | 9.23% | 8.52% | 8.7% | 9.55% | 9.31% | 8.37% | 8.08% | 9.06% | 8.15% | 7.81% | 6.98% | 7.47% | 7.02% | 6.39% | 5.55% | 6.37% | 6.19% | 6.74% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 232.82M | 154.74M | 211.52M | 213.76M | 124.15M | 51.99M | 130.02M | 155.93M | 172.42M | 128.8M | 231.42M | 252.45M | 318.95M | 245.44M | 351.54M | 353.95M | 419.71M | 265.94M | 272.8M | 206.85M |
| Operating Margin % | 9.38% | 7.26% | 9.98% | 10.11% | 6.15% | 2.96% | 6.81% | 7.81% | 8.3% | 6.97% | 11.55% | 11.43% | 13.6% | 12.16% | 15.78% | 14.7% | 16.68% | 13.24% | 13.77% | 10.19% |
| Operating Income Growth % | 87.53% | 197.64% | 62.68% | 37.09% | -28% | -59.64% | -43.82% | -38.23% | -45.94% | -47.52% | -34.17% | -28.68% | -24.01% | -7.71% | 28.87% | 71.11% | 137.24% | 135.14% | 163.94% | 104.13% |
| EBITDA | 340.24M | 257.3M | 284.24M | 286.24M | 196.53M | 122.57M | 200.46M | 228.12M | 243.12M | 197.1M | 300.61M | 313.75M | 374.08M | 296.65M | 402.73M | 403.03M | 463.3M | 307.07M | 314.02M | 249.29M |
| EBITDA Margin % | 13.7% | 12.07% | 13.41% | 13.54% | 9.73% | 6.99% | 10.5% | 11.43% | 11.7% | 10.66% | 15.01% | 14.2% | 15.95% | 14.7% | 18.08% | 16.74% | 18.42% | 15.29% | 15.85% | 12.28% |
| EBITDA Growth % | 73.13% | 109.92% | 41.79% | 25.48% | -19.16% | -37.81% | -33.32% | -27.29% | -35.01% | -33.56% | -25.36% | -22.15% | -19.26% | -3.39% | 28.25% | 61.67% | 111.82% | 98.53% | 116.33% | 74.34% |
| D&A (Non-Cash Add-back) | 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 | 42.44M |
| EBIT | 232.82M | 150.67M | 207.78M | 205.38M | 120.38M | 47.27M | -219.98M | 145.89M | 172.42M | 128.8M | 236.45M | 246.17M | 318.95M | 245.44M | 351.54M | 352.85M | 418.45M | 521.76M | 272.8M | 204.42M |
| Net Interest Income | -40.2M | -40.93M | -24.85M | -12.14M | -10.86M | -11.17M | -11.32M | -12.14M | -12.12M | -11.88M | -11.76M | -8.26M | -8.88M | -9.95M | -13.04M | -14.23M | -13.43M | -12.01M | -11.04M | -11.66M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 40.2M | 40.93M | 24.85M | 12.14M | 10.86M | 11.17M | 11.32M | 12.14M | 12.12M | 11.88M | 11.76M | 8.26M | 8.88M | 9.95M | 13.04M | 14.23M | 13.43M | 12.01M | 11.04M | 11.66M |
| Other Income/Expense | -43.98M | -44.99M | -28.58M | -20.53M | -14.64M | -15.89M | -361.32M | -22.18M | -12.12M | -11.88M | -6.73M | -14.54M | -8.88M | -9.95M | -13.04M | -15.33M | -14.69M | 243.81M | -11.04M | -14.1M |
| Pretax Income | 188.84M | 109.74M | 182.94M | 193.23M | 109.51M | 36.1M | -231.3M | 133.75M | 160.31M | 116.92M | 224.69M | 237.91M | 310.07M | 235.49M | 338.5M | 338.62M | 405.02M | 509.75M | 261.76M | 192.76M |
| Pretax Margin % | 7.6% | 5.15% | 8.63% | 9.14% | 5.42% | 2.06% | -12.11% | 6.7% | 7.71% | 6.33% | 11.22% | 10.77% | 13.22% | 11.67% | 15.2% | 14.07% | 16.1% | 25.37% | 13.21% | 9.49% |
| Income Tax | 15.82M | 16.71M | 5.65M | 41.45M | 26.39M | 10.63M | -55.58M | 29.82M | 40.87M | 31.07M | 48.42M | 53.74M | 76.1M | 55.64M | 76.72M | 49.99M | 92.59M | 126.43M | 28.87M | 40.44M |
| Effective Tax Rate % | 8.38% | 15.23% | 3.09% | 21.45% | 24.09% | 29.44% | 24.03% | 22.29% | 25.49% | 26.58% | 21.55% | 22.59% | 24.54% | 23.63% | 22.67% | 14.76% | 22.86% | 24.8% | 11.03% | 20.98% |
| Net Income | 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 | 152.31M |
| Net Margin % | 6.97% | 4.36% | 8.36% | 7.18% | 4.12% | 1.45% | -9.2% | 5.21% | 5.75% | 4.64% | 8.8% | 8.34% | 9.98% | 8.91% | 11.75% | 11.99% | 12.42% | 19.08% | 11.75% | 7.5% |
| Net Income Growth % | 108.14% | 265.22% | 200.89% | 46.04% | -30.4% | -70.33% | -199.69% | -43.57% | -48.95% | -52.27% | -32.66% | -36.19% | -25.11% | -53.08% | 12.4% | 89.5% | 139.58% | 477.65% | 263.36% | 125.24% |
| Net Income (Continuing) | 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 | 152.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 274K | 260K | 260K | 260K | 260K | 248K | 248K | 248K | 248K | 241K | 241K | 241K | 241K | 232K | 232K | 232K | 232K | 232K | 232K | 232K |
| EPS (Diluted) | 1.55 | 0.83 | 1.58 | 1.35 | 0.73 | 0.22 | -1.54 | 0.90 | 1.02 | 0.73 | 1.49 | 1.56 | 1.98 | 1.51 | 2.20 | 2.40 | 2.54 | 3.12 | 1.90 | 1.24 |
| EPS Growth % | 112.33% | 277.27% | 202.6% | 50% | -28.43% | -69.86% | -203.36% | -42.31% | -48.48% | -51.66% | -32.27% | -35% | -22.05% | -51.6% | 15.79% | 93.55% | 137.38% | 467.27% | 258.49% | 121.43% |
| EPS (Basic) | 1.56 | 0.83 | 1.60 | 1.36 | 0.74 | 0.22 | -1.54 | 0.91 | 1.03 | 0.74 | 1.51 | 1.58 | 2.00 | 1.53 | 2.23 | 2.43 | 2.58 | 3.16 | 1.92 | 1.26 |
| Diluted Shares Outstanding | 111.98M | 112.09M | 112.25M | 112.71M | 113.56M | 114.51M | 114.05M | 115.93M | 116.66M | 117.52M | 118.35M | 118.61M | 118.4M | 118.72M | 118.93M | 120.46M | 122.8M | 122.85M | 122.8M | 122.38M |
| Basic Shares Outstanding | 110.96M | 110.96M | 111.07M | 111.68M | 112.7M | 113.56M | 114.05M | 114.7M | 115.53M | 116.4M | 116.77M | 117.08M | 117.07M | 117.22M | 117.27M | 118.78M | 121.25M | 121.46M | 121.13M | 120.63M |
| Dividend Payout Ratio | 12.81% | 21.46% | 11.28% | 13.26% | 24.44% | 80.19% | - | 19.9% | 17.43% | 21.7% | 10.64% | 10.14% | 8.01% | 10.42% | 7.18% | 5.8% | 5.44% | 4.43% | 7.31% | 9.5% |