See more : Liberta Co.,Ltd. (4935.T) Income Statement Analysis – Financial Results
Complete financial analysis of Commercial Metals Company (CMC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Commercial Metals Company, a leading company in the Steel industry within the Basic Materials sector.
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Commercial Metals Company (CMC)
About Commercial Metals Company
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including rebar, merchant bar, light structural, and other special sections, as well as semi-finished billets for re-rolling and forging applications. In addition, the company provides fabricated steel products used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.93B | 8.80B | 8.91B | 6.73B | 5.48B | 5.83B | 4.64B | 4.57B | 4.61B | 5.99B | 7.04B | 6.89B | 7.83B | 7.92B | 6.31B | 6.79B | 10.43B | 8.33B | 7.56B | 6.59B | 4.77B | 2.88B | 2.45B | 2.44B | 2.66B | 2.25B | 2.37B | 2.26B | 2.32B | 2.12B | 1.67B | 1.57B | 1.17B | 1.16B | 1.14B | 1.30B | 1.13B | 872.80M | 885.40M | 1.02B |
| Cost of Revenue | 6.57B | 6.99B | 7.06B | 5.62B | 4.53B | 5.03B | 4.02B | 3.32B | 3.02B | 4.83B | 6.10B | 5.95B | 7.11B | 7.30B | 5.91B | 6.01B | 9.33B | 7.17B | 6.48B | 5.69B | 4.16B | 2.59B | 2.13B | 2.14B | 2.27B | 1.90B | 2.04B | 1.96B | 2.03B | 1.85B | 1.47B | 1.40B | 1.02B | 1.02B | 978.50M | 1.15B | 1.00B | 781.80M | 789.80M | 937.20M |
| Gross Profit | 1.36B | 1.81B | 1.86B | 1.11B | 944.80M | 803.49M | 622.17M | 1.25B | 1.59B | 1.16B | 943.76M | 937.71M | 719.50M | 616.62M | 395.04M | 780.06M | 1.10B | 1.16B | 1.08B | 899.21M | 607.60M | 289.04M | 317.40M | 297.32M | 394.07M | 354.90M | 332.10M | 298.00M | 295.50M | 262.40M | 191.70M | 171.20M | 148.00M | 140.70M | 158.70M | 151.10M | 127.60M | 91.00M | 95.60M | 82.00M |
| Gross Profit Ratio | 17.14% | 20.59% | 20.83% | 16.43% | 17.25% | 13.78% | 13.40% | 27.29% | 34.46% | 19.39% | 13.41% | 13.61% | 9.19% | 7.79% | 6.26% | 11.48% | 10.57% | 13.94% | 14.28% | 13.64% | 12.74% | 10.05% | 12.97% | 12.18% | 14.81% | 15.76% | 14.03% | 13.20% | 12.72% | 12.40% | 11.51% | 10.91% | 12.70% | 12.12% | 13.96% | 11.60% | 11.30% | 10.43% | 10.80% | 8.05% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 486.61M | 537.11M | 524.14M | 671.20M | 707.79M | 583.81M | 495.03M | 424.99M | 367.55M | 243.31M | 235.55M | 222.15M | 226.92M | 208.10M | 198.40M | 178.60M | 165.10M | 144.30M | 111.40M | 99.30M | 92.10M | 90.20M | 88.20M | 82.90M | 74.20M | 60.20M | 61.40M | 56.20M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 665.08M | 643.54M | 544.98M | 505.12M | 503.78M | 463.27M | 401.45M | 387.35M | 383.75M | 414.09M | 444.94M | 439.57M | 486.61M | 537.11M | 524.14M | 671.20M | 707.79M | 583.81M | 495.03M | 424.99M | 367.55M | 243.31M | 235.55M | 222.15M | 226.92M | 208.10M | 198.40M | 178.60M | 165.10M | 144.30M | 111.40M | 99.30M | 92.10M | 90.20M | 88.20M | 82.90M | 74.20M | 60.20M | 61.40M | 56.20M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 66.58M | 52.10M | 47.50M | 43.70M | 41.60M | 38.10M | 30.10M | 27.40M | 25.60M | 23.60M | 22.20M | 20.20M | 19.00M | 16.50M | 15.60M | 12.10M |
| Operating Expenses | 665.08M | 649.82M | 290.54M | 519.93M | 512.18M | 463.66M | 415.82M | 411.76M | 435.26M | 423.93M | 452.25M | 418.06M | 486.61M | 537.11M | 524.14M | 671.20M | 707.79M | 583.81M | 495.03M | 424.99M | 367.55M | 243.31M | 235.55M | 222.15M | 293.50M | 260.20M | 245.90M | 222.30M | 206.70M | 182.40M | 141.50M | 126.70M | 117.70M | 113.80M | 110.40M | 103.10M | 93.20M | 76.70M | 77.00M | 68.30M |
| Cost & Expenses | 7.23B | 7.64B | 7.35B | 6.14B | 5.04B | 5.49B | 4.44B | 3.73B | 3.46B | 5.25B | 6.55B | 6.37B | 7.60B | 7.84B | 6.44B | 6.68B | 10.03B | 7.75B | 6.97B | 6.12B | 4.53B | 2.83B | 2.36B | 2.37B | 2.56B | 2.16B | 2.28B | 2.18B | 2.23B | 2.04B | 1.62B | 1.52B | 1.14B | 1.13B | 1.09B | 1.26B | 1.09B | 858.50M | 866.80M | 1.01B |
| Interest Income | 0.00 | 40.13M | 50.71M | 51.90M | 61.84M | 71.37M | 0.00 | 0.00 | 0.00 | 1.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 47.89M | 40.13M | 50.71M | 51.90M | 61.84M | 71.37M | 40.96M | 44.05M | 62.23M | 77.76M | 77.74M | 69.61M | 69.50M | 70.81M | 75.51M | 77.00M | 58.26M | 36.33M | 0.00 | 0.00 | 28.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 280.37M | 218.83M | 175.02M | 167.61M | 165.76M | 158.67M | 131.66M | 125.07M | 126.94M | 132.78M | 136.00M | 136.55M | 137.31M | 159.58M | 168.93M | 154.68M | 135.07M | 107.31M | 85.38M | 76.61M | 71.04M | 61.20M | 61.58M | 67.27M | 66.58M | 52.10M | 47.50M | 43.70M | 41.60M | 38.10M | 30.10M | 27.40M | 25.60M | 23.60M | 22.20M | 20.20M | 19.00M | 16.50M | 15.60M | 12.10M |
| EBITDA | 963.93M | 1.39B | 1.49B | 753.54M | 598.37M | 498.50M | 352.37M | 259.08M | 317.40M | 315.54M | 385.30M | 346.18M | 376.62M | 136.44M | 40.29M | 263.54M | 528.94M | 684.52M | 669.44M | 550.83M | 311.10M | 106.94M | 143.43M | 141.55M | 167.16M | 146.80M | 133.70M | 119.40M | 130.40M | 118.10M | 80.30M | 71.90M | 55.90M | 50.50M | 70.50M | 68.20M | 53.40M | 30.80M | 34.20M | 25.80M |
| EBITDA Ratio | 12.16% | 15.76% | 16.68% | 11.33% | 10.54% | 7.28% | 7.59% | 5.67% | 6.88% | 5.27% | 5.47% | 5.02% | 4.73% | 3.02% | 0.63% | 3.88% | 5.07% | 8.22% | 8.86% | 8.36% | 6.52% | 3.72% | 5.86% | 6.51% | 6.28% | 6.52% | 5.65% | 5.29% | 5.61% | 6.21% | 4.82% | 4.58% | 4.79% | 4.35% | 6.20% | 4.80% | 4.06% | 2.72% | 2.97% | 1.99% |
| Operating Income | 693.60M | 1.17B | 1.31B | 600.74M | 441.02M | 340.22M | 220.71M | 134.00M | 190.46M | 182.76M | 249.30M | 209.63M | 232.90M | 79.50M | -129.10M | 108.86M | 393.87M | 577.22M | 584.06M | 474.22M | 240.05M | 45.73M | 81.85M | 75.17M | 100.57M | 94.70M | 86.20M | 75.70M | 88.80M | 80.00M | 50.20M | 44.50M | 30.30M | 26.90M | 48.30M | 48.00M | 34.40M | 14.30M | 18.60M | 13.70M |
| Operating Income Ratio | 8.75% | 13.28% | 14.71% | 8.93% | 8.05% | 5.84% | 4.75% | 2.93% | 4.13% | 3.05% | 3.54% | 3.04% | 2.97% | 1.00% | -2.05% | 1.60% | 3.78% | 6.93% | 7.73% | 7.19% | 5.03% | 1.59% | 3.35% | 3.08% | 3.78% | 4.21% | 3.64% | 3.35% | 3.82% | 3.78% | 3.01% | 2.84% | 2.60% | 2.32% | 4.25% | 3.68% | 3.05% | 1.64% | 2.10% | 1.34% |
| Total Other Income/Expenses | -57.93M | -46.41M | 203.74M | -66.72M | -67.01M | -71.76M | -55.33M | -68.55M | -114.48M | -86.30M | -84.34M | -46.93M | -72.09M | -189.60M | -75.51M | -106.93M | -58.26M | -36.33M | -29.23M | -31.19M | -28.10M | -15.34M | -18.71M | -35.87M | -27.32M | -19.70M | -18.10M | -14.70M | -15.90M | -22.00M | -9.30M | -9.40M | -10.00M | -8.60M | -8.50M | -4.60M | 3.40M | 3.20M | 3.90M | 1.30M |
| Income Before Tax | 635.67M | 1.12B | 1.52B | 534.02M | 370.78M | 268.46M | 165.38M | 65.45M | 75.98M | 96.46M | 164.96M | 162.70M | 162.79M | -110.10M | -204.61M | 31.86M | 335.61M | 540.88M | 554.49M | 443.03M | 211.95M | 30.39M | 63.14M | 39.30M | 73.26M | 75.00M | 68.10M | 61.00M | 72.90M | 58.00M | 40.90M | 35.10M | 20.30M | 18.30M | 39.80M | 43.40M | 37.80M | 17.50M | 22.50M | 15.00M |
| Income Before Tax Ratio | 8.02% | 12.75% | 17.00% | 7.94% | 6.77% | 4.61% | 3.56% | 1.43% | 1.65% | 1.61% | 2.34% | 2.36% | 2.08% | -1.39% | -3.24% | 0.47% | 3.22% | 6.49% | 7.34% | 6.72% | 4.44% | 1.06% | 2.58% | 1.61% | 2.75% | 3.33% | 2.88% | 2.70% | 3.14% | 2.74% | 2.45% | 2.24% | 1.74% | 1.58% | 3.50% | 3.33% | 3.35% | 2.01% | 2.54% | 1.47% |
| Income Tax Expense | 150.18M | 262.21M | 297.89M | 121.15M | 93.18M | 69.68M | 30.15M | 15.28M | 13.98M | 33.46M | 47.35M | 57.98M | -46.19M | 19.33M | -38.12M | 12.73M | 103.89M | 172.77M | 187.94M | 158.00M | 65.06M | 11.49M | 22.61M | 14.96M | 27.00M | 27.90M | 25.40M | 22.40M | 26.90M | 19.80M | 14.70M | 13.40M | 7.80M | 6.30M | 13.90M | 14.90M | 13.00M | 7.30M | 8.30M | 5.70M |
| Net Income | 485.49M | 859.76M | 1.22B | 412.87M | 279.50M | 198.09M | 138.51M | 46.33M | 54.76M | 63.00M | 115.55M | 104.72M | 207.48M | -129.62M | -205.34M | 20.80M | 231.97M | 355.43M | 356.35M | 285.78M | 132.02M | 18.90M | 40.53M | 24.34M | 46.26M | 47.10M | 42.70M | 38.60M | 46.00M | 38.20M | 26.20M | 21.70M | 12.50M | 12.00M | 25.90M | 28.50M | 24.80M | 10.20M | 14.20M | 9.30M |
| Net Income Ratio | 6.13% | 9.77% | 13.66% | 6.13% | 5.10% | 3.40% | 2.98% | 1.01% | 1.19% | 1.05% | 1.64% | 1.52% | 2.65% | -1.64% | -3.26% | 0.31% | 2.22% | 4.27% | 4.72% | 4.33% | 2.77% | 0.66% | 1.66% | 1.00% | 1.74% | 2.09% | 1.80% | 1.71% | 1.98% | 1.80% | 1.57% | 1.38% | 1.07% | 1.03% | 2.28% | 2.19% | 2.20% | 1.17% | 1.60% | 0.91% |
| EPS | 4.19 | 7.34 | 10.09 | 3.43 | 2.33 | 1.68 | 1.19 | 0.43 | 0.54 | 0.54 | 1.00 | 0.90 | 1.79 | -1.13 | -1.81 | 0.19 | 2.02 | 3.01 | 3.02 | 1.21 | 1.13 | 0.17 | 0.36 | 0.23 | 0.42 | 0.41 | 0.36 | 0.32 | 0.05 | 0.32 | 0.22 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
| EPS Diluted | 4.14 | 7.25 | 9.95 | 3.38 | 2.31 | 1.66 | 1.17 | 0.43 | 0.53 | 0.53 | 0.99 | 0.89 | 1.78 | -1.13 | -1.81 | 0.18 | 1.97 | 2.92 | 2.89 | 1.16 | 0.28 | 0.04 | 0.09 | 0.06 | 0.20 | 0.40 | 0.35 | 0.32 | 0.05 | 0.32 | 0.22 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
| Weighted Avg Shares Out | 115.84M | 117.08M | 120.65M | 120.34M | 118.92M | 117.83M | 116.82M | 115.65M | 115.21M | 116.53M | 117.50M | 116.68M | 115.86M | 115.00M | 113.52M | 112.39M | 115.05M | 118.08M | 118.00M | 118.66M | 114.42M | 113.14M | 216.06M | 104.23M | 113.93M | 115.94M | 118.61M | 122.06M | 120.77M | 121.27M | 119.77M | 117.98M | 113.77M | 112.83M | 114.84M | 120.40M | 121.02M | 127.91M | 126.49M | 124.20M |
| Weighted Avg Shares Out (Dil) | 117.15M | 118.61M | 122.37M | 121.98M | 120.31M | 119.12M | 118.15M | 117.36M | 116.62M | 117.95M | 118.61M | 117.55M | 116.78M | 115.00M | 113.52M | 113.88M | 117.69M | 121.72M | 123.30M | 124.04M | 118.68M | 114.58M | 223.23M | 104.96M | 116.11M | 117.02M | 121.13M | 122.06M | 120.77M | 121.27M | 119.77M | 117.98M | 113.77M | 112.83M | 114.84M | 120.40M | 121.02M | 127.91M | 126.49M | 124.20M |
Why Commercial Metals Stock Is Down Big Today
Commercial Metals posted quarterly earnings that came in short of expectations. The company is managing through a challenging demand environment in Europe.
Commercial Metals (CMC) Lags Q4 Earnings Estimates
Commercial Metals (CMC) came out with quarterly earnings of $1.69 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $2.45 per share a year ago.
What's in Store for Commercial Metals (CMC) in Q4 Earnings?
Commercial Metals' (CMC) fiscal fourth-quarter results are likely to reflect strong demand in North America, offset by weak market conditions in Europe.
CMC Reports Fourth Quarter and Full Year Fiscal 2023 Results
Fourth quarter net earnings of $184.2 million, or $1.56 per diluted share; annual net earnings of $859.8 million, or $7.25 per diluted share Fiscal 2023 core EBITDA of $1.5 billion, down only modestly from the record set in fiscal 2022...
CMC Announces Quarterly Dividend of $0.16 Per Share
IRVING, Texas , Oct. 10, 2023 /PRNewswire/ -- Today, October 10, 2023, the board of directors of Commercial Metals Company ("CMC") (NYSE: CMC) declared a regular quarterly cash dividend of $0.16 per share of CMC common stock. CMC's 236th consecutive...
Commodity Check: Time to Buy Stock in These High Inflationary Winners?
A high inflationary environment looks here to stay which makes monitoring commodity prices and stocks that can benefit accordingly very important to investors.
Earnings Preview: Commercial Metals (CMC) Q4 Earnings Expected to Decline
Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CMC Introduces Refreshed Brand to Reflect Company Evolution
New Identity Honors CMC's Heritage While Affirming its Growth, Strength & the Promise of a Sustainable Future IRVING, Texas , Oct. 2, 2023 /PRNewswire/ -- CMC (Commercial Metals Company) (NYSE:CMC), a global solutions provider to the construction industry, has unveiled...
Commercial Metals Company: Still Going Strong
Commercial Metals Company (CMC) is a vertically integrated manufacturer of steel and reinforcing bars used in infrastructure projects. CMC's sales and earnings have been improving, with a recent bolt-on acquisition adding to its capabilities. Economic headwinds and slower demand in...
Down -8.84% in 4 Weeks, Here's Why You Should You Buy the Dip in Commercial Metals (CMC)
The heavy selling pressure might have exhausted for Commercial Metals (CMC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock...
Source: https://incomestatements.info
Category: Stock Reports