Commercial Metals (CMC) Debt Ratio (2010 - 2026)
Commercial Metals' (CMC) Debt Ratio came in at 0.35 for fiscal Q3 2026 (quarter ended May 31, 2026), up 80.6% from 0.19 a year earlier but down 1.3% from the prior quarter.
Commercial Metals (CMC) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Commercial Metals' Debt Ratio stood at 0.19, up 8.2% from FY2024.
- In prior fiscal years, Commercial Metals' Debt Ratio was 0.17 in FY2024 (+0.3%), 0.17 in FY2023 (-27.8%), 0.24 in FY2022 (+4.4%) and 0.23 in FY2021 (-13.1%).
- Quarterly Debt Ratio has run from a low of 0.17 in fiscal Q1 2024 to a high of 0.36 in fiscal Q1 2026 over five years.
- On a year-over-year basis, Debt Ratio has increased in each of the last nine quarters, with growth averaging 38.8% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q1 2026, with growth of 106.9%; the weakest was fiscal Q3 2023, with a decline of 30.7%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.35 (Q2 2026), 0.36 (Q1 2026) and 0.19 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 0.16 |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | 0.16 |
| 10 | Commercial Metals | 7.15 Bn | 6.59 Bn | 455.14 Mn | 0.35 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.35 |
| Feb 28, 2026 | 0.35 |
| Nov 30, 2025 | 0.36 |
| Aug 31, 2025 | 0.19 |
| May 31, 2025 | 0.19 |
| Feb 28, 2025 | 0.18 |
| Nov 30, 2024 | 0.18 |
| Aug 31, 2024 | 0.18 |
| May 31, 2024 | 0.18 |
| Feb 29, 2024 | 0.17 |
| Nov 30, 2023 | 0.17 |
| Aug 31, 2023 | 0.18 |
| May 31, 2023 | 0.18 |
| Feb 28, 2023 | 0.21 |
| Nov 30, 2022 | 0.20 |
| Aug 31, 2022 | 0.24 |
| May 31, 2022 | 0.25 |
| Feb 28, 2022 | 0.27 |
| Nov 30, 2021 | 0.23 |
| Aug 31, 2021 | 0.23 |
Commercial Metals Debt 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=debt-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();