Commercial Metals Company (CMC) is a publicly traded company in the Basic Materials — Steel industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals.
Is Commercial Metals Company stock overvalued or undervalued in 2026?
Commercial Metals Company (CMC) trades at 10.9× earnings (P/E), against a median of 18.8× across the 156 materials companies above $2bn in Kaplio's universe. It trades at 17.1 times its average earnings over ten years; between the 10 times Lynch paid for a cyclical and the 25 of Graham's limit for the defensive investor, it is fairly priced.
Kaplio overview: Commercial Metals Company
Market cap $7B · 52 weeks $57 – $83 (23 % below the high) · P/E 10.9× · 2027 expected P/E 9.3× · Dividend 1.2 % · 6 years rising · Next earnings January 11, 2027 · expected EPS $1.64 · Closing price, Oct 30 · accounts published Oct 15.
- Valuation: P/E 10.9× (fairly priced).
- Business: ROIC 9 % (fair).
- Balance sheet: Net debt/EBITDA 2.1× (solid).
- Earnings: 4 of 8 (uneven).
It trades at 17.1 times its average earnings over ten years; between the 10 times Lynch paid for a cyclical and the 25 of Graham's limit for the defensive investor, it is fairly priced.
What matters in materials: 6 of 8 pass
- FCF yield 6.0 %, fails.
- Gross margin 18.6 %, fails.
- Net debt / EBITDA (trough) 2.1×, passes.
- Dividend coverage 5.7×, passes.
- Capex / D&A 1.5×, passes.
- Altman Z-Score 2.9, passes.
- P/B across cycles 1.5×, passes.
- Cycle-adjusted EV/EBITDA 7.7×, passes.
Against its peers (reference peers) — Commercial Metals Company: P/E 10.9×; EV/EBITDA 7.7×; ROIC 9.2 %; $7.0B. Cleveland-Cliffs Inc. (P/E —; EV/EBITDA 15.9×; ROIC -0.8 %; $8.1B), Gerdau S.A. (P/E 15.6×; EV/EBITDA 5.3×; ROIC 4.8 %; $9.2B), Ternium S.A. (P/E 14.6×; EV/EBITDA 6.1×; ROIC 3.8 %; $10.4B).
Expensive or cheap against its last 9 years?
P/E at each close: today 10.9× · median 12.4× · minimum 6.0× · maximum 49.9× · cheap below 10.9× · expensive above 14.8×. It has been cheaper than today only 30% of the time over its last 9 years.
Dividend
solid · Yield 1.2 % ($0.76 per share in 2026) · Years raising it 6 · 5-year growth +10 % a year · Free cash flow coverage 5.6× · With $1,000 invested today you'd collect $12.20 a year ($1.02 a month).
Profitability
| Return on Equity | 14.62% |
| Return on Invested Capital | 9.22% |
| Return on Assets | 6.39% |
| Gross Margin | 18.65% |
| Operating Margin | 9.26% |
| Net Margin | 6.98% |
Financial Health
| Debt / Equity | 0.72 |
| Current Ratio | 2.34 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.95 |
Price Performance
| 1 month | +0.63% |
| 3 months | -8.87% |
| Year-to-date | -7.57% |
| 1 year | +7.78% |
| 3 years | +41.05% |
| 5 years | +102.40% |
| 10 years | +299.13% |
Dividend History
Paid in the last 12 months: $0.7800 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-28 | $0.2000 |
| 2026-07-06 | $0.2000 |
| 2026-04-06 | $0.2000 |
| 2026-01-16 | $0.1800 |
| 2025-10-30 | $0.1800 |
| 2025-06-30 | $0.1800 |
| 2025-03-31 | $0.1800 |
| 2025-01-16 | $0.1800 |
| 2024-10-31 | $0.1800 |
| 2024-07-01 | $0.1800 |
Amounts adjusted for stock splits.
Related companies: STLD · MT · NUE · PKX · GGB · TX · CLF
Explore sector: Basic Materials · Steel
More sections of CMC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks