See more : Nippon Primex Inc. (2795.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 |
Commercial Metals (CMC) Surpasses Q2 Earnings and Revenue Estimates
Commercial Metals (CMC) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1.44 per share a year ago.
CMC Reports Second Quarter Fiscal 2024 Results
Second quarter net earnings of $85.8 million, or $0.73 per diluted share Consolidated core EBITDA of $224.4 million; core EBITDA margin of 12.1% Downstream contract awards rebounded to the highest quarterly level in nearly two years, signaling strength in the...
CMC Announces a 13% Increase In Quarterly Dividend
IRVING, Texas , March 20, 2024 /PRNewswire/ -- Today, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock, an increase of $0.02,...
CMC Announces Second Quarter Fiscal 2024 Conference Call Webcast Details
IRVING, Texas , Feb. 21, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release for fiscal 2024, invites you to listen to its conference call that will be broadcast live over the Internet on...
CMC Announces Appointment of Dennis V. Arriola to Board of Directors
IRVING, Texas , Feb. 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has named Dennis V. Arriola to the Board of Directors, effective as of March 19, 2024.
Commercial Metals (CMC) Up 3.3% Since Last Earnings Report: Can It Continue?
Commercial Metals (CMC) reported earnings 30 days ago. What's next for the stock?
New Strong Sell Stocks for January 23rd
CVE, CMC and CUTR have been added to the Zacks Rank #5 (Strong Sell) List on January 23, 2023.
Commercial Metals (CMC) Suffers From Weak UK Market Conditions
Commercial Metals (CMC) faces sluggish demand in Europe. Lower margins on steel products are other woes.
CMC Announces Increase to its Existing Share Repurchase Program
IRVING, Texas , Jan. 10, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company" or "CMC") today announced that its Board of Directors has authorized an increase of $500 million to the Company's existing common stock repurchase program, bringing...
CMC To Be Featured In Season Two of National Docuseries "REPURPOSED"
IRVING, Texas , Jan. 10, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") will be featured in Season Two of REPURPOSED, a travel-adventure docuseries premiering on January 10, 2024. The series, which has been featured on Amazon Prime...
Source: https://incomestatements.info
Category: Stock Reports