EXP vs VMC vs CMC Stock Comparison

Eagle Materials, Vulcan Materials and Commercial Metals Prices as of Oct 23, 2026 Peers: Industry group
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EXP Eagle Materials Inc
$174.71 -2.0% 1M -25.3% 1Y
Market cap
$5.39B
P/E
13.4x
Revenue (TTM)
$2.32B
Div. yield
0.01%
Cement Basic Materials
2 wins
VMC Vulcan Materials CO
$261.66 +7.0% 1M -10.4% 1Y
Market cap
$33.92B
P/E
30.4x
Revenue (TTM)
$8.12B
Div. yield
0.01%
Aggregates Basic Materials
2 wins
CMC COMMERCIAL METALS Co
$62.76 -3.0% 1M +3.1% 1Y
Market cap
$6.91B
P/E
10.5x
Revenue (TTM)
$9.39B
Div. yield
0.01%
Steel Basic Materials
8 wins

Head to Head

12 decided of 12

Commercial Metals leads on 8 of the 12 questions below (Commercial Metals 8, Vulcan Materials 2, Eagle Materials 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEXPVMCCMCLeader
Larger companyMarket capitalisation $5.39B $33.92B $6.91B VMC
Cheaper on earningsLower P/E, profitable companies only 13.4x 30.4x 10.5x CMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.9x 27.7x 9.3x CMC
Faster revenue growthRevenue growth, trailing twelve months +1.7% +6.9% +20.5% CMC
More profitableNet margin, trailing twelve months 17.3% 13.7% 7.0% EXP
Better return on capitalReturn on invested capital 12.9% 9.9% -79.6% EXP
Less leveragedLower net debt / EBITDA 2.2x 1.8x -0.4x CMC
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.01% CMC
Better 1-year returnPrice return, last 12 months -25.3% -10.4% +3.1% CMC
Better 5-year returnAnnualised price return, 5 years +4.3%/yr +7.2%/yr +14.8%/yr CMC
Less volatileAnnualised volatility, 1 year 34.5% 29.0% 35.6% VMC
Higher overall scoreMean of the five percentile scores vs peers 51/100 47/100 56/100 CMC

Percentile Scorecard

EXPVMCCMC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEXPVMCCMC
Valuation 22 #8 of 10 0 #10 of 10 78 #37 of 162
Growth – – 57 #64 of 147
Profitability 100 #1 of 8 71 #3 of 8 51 #60 of 122
Financial Health 25 #7 of 9 75 #3 of 9 18 #137 of 166
Shareholder Returns 57 #4 of 8 43 #5 of 8 76 #26 of 107
Overall 51 47 56
  • EXP ranked among 10 companies in Construction Materials
  • VMC ranked among 10 companies in Construction Materials
  • CMC ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEXPVMCCMCSPY
1 month -2.0%+7.0%-3.0% -1.0%
3 months -18.2%-6.5%-9.0% +2.9%
6 months -16.3%-10.4%-9.3% +6.4%
Year to date -15.5%-8.3%-9.3% +11.4%
1 year -25.3%-10.4%+3.1% +13.1%
3 years +12.3%+27.5%+55.8% +79.4%
3 years, per year +3.9%+8.5%+15.9% +21.5%
5 years +23.6%+41.3%+99.2% +67.7%
5 years, per year +4.3%+7.2%+14.8% +10.9%
10 years +125.8%+134.6%+282.7% +255.2%
10 years, per year +8.5%+8.9%+14.4% +13.5%

Risk

MeasureEXPVMCCMCSPY
Volatility, 1Y 34.5%29.0%35.6% 12.7%
Downside volatility, 1Y 32.8%32.0%35.3% 12.7%
Beta vs S&P 500, 1Y 1.080.811.35 1.00
Return / volatility, 1Y -0.74-0.360.09 1.03
Max drawdown, 5Y -48.2%-32.8%-38.1% -25.4%
From 52-week high -27.3%-20.8%-24.6% -2.5%
52-week high $240.24$330.37$83.21 $779.14
52-week low $163.37$240.82$56.52 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEXPVMCCMC
P/E now vs peer median 13.4xmedian 19.7x 30.4xmedian 19.7x 10.6xmedian 12.7x
P/S now vs peer median 2.3xmedian 1.8x 4.2xmedian 1.8x 0.7xmedian 3.1x
EV/EBITDA now vs peer median 9.8xmedian 9.3x 16.1xmedian 9.3x -1.5xmedian 6.9x
P/FCF now vs peer median 31.6xmedian 31.6x 33.0xmedian 31.6x 14.5xmedian 15.1x
P/B now vs peer median 3.6xmedian 2.3x 4.0xmedian 2.3x 1.5xmedian 2.1x
PEG now vs peer median -11.00median 1.85 1.85median 1.85 -1.55median 0.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEXPVMCCMC
Revenue $2.32B $8.12B $9.39B
Gross profit $628.19M $2.23B $1.75B
Operating income $539.59M $1.64B -$6.93B
Net income $402.57M $1.12B $655.85M
Free cash flow $170.51M $1.03B $479.12M
EPS (diluted) $12.95 $8.56 $5.86
Cash & equivalents $233.54M $194.20M –
Total debt $6.57B $4.36B $3.41B
Shares (diluted) 31.09M 130.30M 111.86M
Enterprise value $4.41B $33.21B $6.14B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEXPVMCCMC
P/E 13.4x 30.4x 10.6x
P/FCF 31.6x 33.0x 14.5x
P/Operating cash flow 8.5x 18.8x 6.5x
P/S 2.3x 4.2x 0.7x
P/B 3.6x 4.0x 1.5x
P/Tangible book 3.6x 4.8x 1.6x
EV/EBITDA 9.8x 16.1x -1.5x
EV/EBIT 12.8x 23.1x -1.4x
EV/Revenue 3.0x 4.7x 1.0x
EV/FCF 40.5x 37.0x 19.9x
EV/Operating cash flow 10.9x 21.1x 9.0x
PEG (3Y EPS CAGR) -11.00 1.85 -1.55

Growth

14 metrics
MetricEXPVMCCMC
Revenue growth (1Y) 1.7% 6.9% 20.5%
Revenue CAGR (3Y) 2.0% 2.3% 2.2%
Gross profit growth (1Y) -6.5% 6.7% 43.6%
Gross profit CAGR (3Y) -1.9% 8.9% -1.1%
Operating income growth (1Y) -9.0% 14.5% -7.1%
Operating income CAGR (3Y) -4.1% 13.1% -5.7%
Net income growth (1Y) -11.1% 17.4% 674.7%
Net income CAGR (3Y) -5.5% 15.5% -8.6%
EPS growth (1Y) -6.2% 19.7% 690.1%
EPS CAGR (3Y) -1.2% 16.4% -6.8%
Operating cash flow growth (1Y) 14.4% 10.8% 48.1%
Operating cash flow CAGR (3Y) 4.3% 10.7% -7.6%
Free cash flow growth (1Y) -45.7% -6.5% 53.4%
Free cash flow CAGR (3Y) -26.3% 16.3% -13.4%

Profitability

14 metrics
MetricEXPVMCCMC
Gross margin 27.0% 27.5% 18.6%
EBITDA margin 30.3% 29.2% -69.6%
Operating margin 23.2% 20.2% -73.8%
Pretax margin 21.5% 17.6% 7.6%
Net margin 17.3% 13.7% 7.0%
FCF margin 7.3% 12.7% 5.1%
Operating cash flow margin 27.2% 22.2% 11.3%
Return on equity 26.1% 13.2% 14.2%
Return on assets 10.0% 6.8% 6.5%
Return on invested capital 12.9% 9.9% -79.6%
Return on capital employed 15.0% 10.7% -82.5%
Asset turnover 0.6x 0.5x 0.9x
Cash conversion (OCF / net income) 1.6x 1.6x 1.6x
Stock comp / revenue 0.9% 0.7% 0.5%

Financial Health

11 metrics
MetricEXPVMCCMC
Debt / assets 45.0% 26.5% 33.2%
Debt / equity 1.2x 0.5x 0.7x
Net debt / EBITDA 2.2x 1.8x -0.4x
Debt / FCF 10.3x 4.2x 7.1x
Liabilities / assets 62.0% 48.4% 54.2%
Equity / assets 38.0% 51.6% 45.8%
Interest coverage 11.3x 7.2x -48.4x
Current ratio 3.2x 1.8x 2.3x
Quick ratio 1.8x 1.1x 1.4x
Cash ratio 0.8x 0.2x 0.5x
Altman Z-score 3.12 3.92 0.38

Shareholder Returns

7 metrics
MetricEXPVMCCMC
Dividend yield 0.6% 0.8% 1.2%
Net buyback yield 7.2% 2.4% 1.5%
Shareholder yield 7.8% 3.1% 2.7%
Payout ratio (earnings) 8.0% 23.7% 12.8%
Payout ratio (FCF) 18.8% 25.7% 17.6%
Dividend growth (1Y) -4.0% 4.8% 3.5%
Dividend CAGR (3Y) -4.5% 6.2% 4.0%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEXPVMCCMC
Forward P/E 13.9xFY2026 27.7xFY2026 9.3xFY2027
EPS, next fiscal year $12.53FY2026 $9.43FY2026 $6.76FY2027
EPS growth, next FY -9.3%FY2026 +17.9%FY2026 -0.9%FY2027
EPS growth, the year after +4.2% +11.5% +2.8%
Revenue, next fiscal year $2.20BFY2026 $8.32BFY2026 $9.55BFY2027
Revenue growth, next FY -4.9%FY2026 +4.8%FY2026 +1.7%FY2027
Revenue growth, the year after +6.0% -1.8% +3.7%
EXP estimates →VMC estimates →CMC estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEXPVMCCMC
Held by institutions 100.0% 98.5% 93.1%
Institutions holding 529 1,060 520
Change in shares held, QoQ +4.2% +3.6% +0.2%
Institutions buying 272 526 262
Institutions selling 167 363 175
Buyers to sellers 1.63 1.45 1.50
EXP holders →VMC holders →CMC holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EXPVMCCMC
EXP 1.00 0.69 0.42
VMC 0.69 1.00 0.39
CMC 0.42 0.39 1.00

Add a Peer

Largest companies in the same industry
EXP · Cement
+CRHCrh Public +MLMMartin Marietta Materials +AMRZAmrize +CXCemex Sab De Cv +KNFKnife River +TTAMTitan America +SIDNational Steel +LOMALoma Negra Compania Industrial Argentina Sociedad Anonima
Plot all 13 Cement stocks → Plot all 16 Aggregates stocks → Plot all 16 Steel stocks →

Related Comparisons

EXP vs CRHCrh Public EXP vs MLMMartin Marietta Materials EXP vs AMRZAmrize EXP vs CXCemex Sab De Cv

Frequently Asked Questions

Which is bigger, EXP, VMC and CMC?

Vulcan Materials (VMC) is the largest by market capitalisation: Eagle Materials (EXP) $5.39B, Vulcan Materials (VMC) $33.92B, Commercial Metals (CMC) $6.91B.

Which stock is cheaper, EXP, VMC and CMC?

Commercial Metals (CMC) trades on the lowest price-to-earnings ratio (Eagle Materials (EXP) 13.4x, Vulcan Materials (VMC) 30.4x, Commercial Metals (CMC) 10.5x). On next year's consensus earnings, Commercial Metals (CMC) is cheapest (Eagle Materials (EXP) 13.9x, Vulcan Materials (VMC) 27.7x, Commercial Metals (CMC) 9.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Commercial Metals (CMC) grew revenue fastest over the trailing twelve months: Eagle Materials (EXP) +1.7%, Vulcan Materials (VMC) +6.9%, Commercial Metals (CMC) +20.5%.

Which company is more profitable?

Eagle Materials (EXP) has the highest net margin (Eagle Materials (EXP) 17.3%, Vulcan Materials (VMC) 13.7%, Commercial Metals (CMC) 7.0%). On return on invested capital, Eagle Materials (EXP) leads (Eagle Materials (EXP) 12.9%, Vulcan Materials (VMC) 9.9%, Commercial Metals (CMC) -79.6%).

Which stock has performed better?

Over the past year Commercial Metals (CMC) returned the most: Eagle Materials (EXP) -25.3%, Vulcan Materials (VMC) -10.4%, Commercial Metals (CMC) +3.1%. Over five years, Commercial Metals (CMC) compounded fastest (Eagle Materials (EXP) +4.3%/yr, Vulcan Materials (VMC) +7.2%/yr, Commercial Metals (CMC) +14.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Commercial Metals (CMC) has the highest dividend yield: Eagle Materials (EXP) 0.01%, Vulcan Materials (VMC) 0.01%, Commercial Metals (CMC) 0.01%.

Which stock is riskier?

By one-year price volatility, Vulcan Materials (VMC) has been the steadiest (Eagle Materials (EXP) 34.5%, Vulcan Materials (VMC) 29.0%, Commercial Metals (CMC) 35.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EXP, VMC and CMC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Commercial Metals (CMC) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.