Commercial Metals Company (CMC)

Commercial Metals Company topped expectations on both the top and bottom line in the fourth fiscal quarter of 2026, based on preliminary results reported October 15, 2026, with adjusted EPS of $2.09 topping the $1.95 estimate (+7.2%) and revenue of $2.658 billion topping the $2.565 billion estimate (+3.7%). Revenue rose ~26% to about $2.7 billion (up from about $2.1 billion a year ago), while net income increased 40% to roughly $212.5 million (up from about $151.8 million). Profitability tracked higher revenue, with gross profit of about $501.5 million translating to a gross margin of roughly 19% and operating income of around $270.6 million for an operating margin near 10%. By geography, North America Steel Group was the largest region at about $1.8 billion of revenue, up ~15% year over year. CMC generated operating cash flow of roughly $455.9 million, repurchased about $96.1 million of stock, and paid around $22.1 million in dividends during the quarter. For the next period, consensus calls for EPS of $1.76 on revenue of $2.532 billion.