Commercial Metals (CMC) Asset Utilization Ratio (2010 - 2026)
Commercial Metals' Asset Utilization Ratio was 0.91 in fiscal Q3 2026 (quarter ended May 31, 2026), down 18.5% from 1.12 a year earlier but up 2.5% from the prior quarter.
Commercial Metals (CMC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Asset Utilization Ratio at Commercial Metals came in at 1.11, down 5.4% from FY2024.
- Asset Utilization Ratio has now declined for three consecutive fiscal years.
- In earlier fiscal years, Asset Utilization Ratio was 1.18 in FY2024 (-13.8%), 1.37 in FY2023 (-16.6%), 1.64 in FY2022 (+6.2%) and 1.54 in FY2021 (+10.5%).
- Quarterly Asset Utilization Ratio has moved between 0.89 (fiscal Q2 2026) and 1.56 (fiscal Q1 2022) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for 16 straight quarters, with an average decline of 12.0% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q1 2022 (growth of 15.4%); the worst was fiscal Q2 2026 (a decline of 22.4%).
- Per Business Quant data, CMC's Asset Utilization Ratio in the three fiscal quarters before Q3 2026 was 0.89 (Q2 2026), 0.98 (Q1 2026) and 1.10 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 0.69 |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 0.45 |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 0.40 |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | 0.64 |
| 10 | Commercial Metals | 7.15 Bn | 6.59 Bn | 455.14 Mn | 0.91 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.91 |
| Feb 28, 2026 | 0.89 |
| Nov 30, 2025 | 0.98 |
| Aug 31, 2025 | 1.10 |
| May 31, 2025 | 1.12 |
| Feb 28, 2025 | 1.15 |
| Nov 30, 2024 | 1.15 |
| Aug 31, 2024 | 1.16 |
| May 31, 2024 | 1.19 |
| Feb 29, 2024 | 1.23 |
| Nov 30, 2023 | 1.27 |
| Aug 31, 2023 | 1.33 |
| May 31, 2023 | 1.36 |
| Feb 28, 2023 | 1.38 |
| Nov 30, 2022 | 1.42 |
| Aug 31, 2022 | 1.44 |
| May 31, 2022 | 1.47 |
| Feb 28, 2022 | 1.54 |
| Nov 30, 2021 | 1.56 |
| Aug 31, 2021 | 1.49 |
Commercial Metals Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();