Commercial Metals (CMC) Dividend Coverage Ratio (2009 - 2026)
Commercial Metals' (CMC) Dividend Coverage Ratio stood at 7.81 in fiscal Q3 2026 (quarter ended May 31, 2026), up 90.8% from 4.09 a year earlier and up 67.6% from the prior quarter.
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Analysis
Commercial Metals (CMC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Commercial Metals' Dividend Coverage Ratio came in at 7.23 as of May 31, 2026; for FY2025 (ended Aug 31, 2025), it was 1.04, down 83.1% from FY2024.
- Annual Dividend Coverage Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 6.16 in FY2024 (-46.3%), 11.47 in FY2023 (-36.1%), 17.97 in FY2022 (+151.4%) and 7.15 in FY2021 (+45.9%).
- Quarterly Dividend Coverage Ratio has ranged from -8.55 in fiscal Q1 2025 to 22.57 in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last six quarters, with growth averaging 44.0%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 390.6% in fiscal Q2 2022, against a decline of 72.9% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.66 (Q2 2026), 8.86 (Q1 2026) and 7.54 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 2.02 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 7.95 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 4.56 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 6.57 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 8.96 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Commercial Metals | 7.14 Bn | 6.58 Bn | 455.14 Mn | 7.81 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.81 |
| Feb 28, 2026 | 4.66 |
| Nov 30, 2025 | 8.86 |
| Aug 31, 2025 | 7.54 |
| May 31, 2025 | 4.09 |
| Feb 28, 2025 | 1.25 |
| Nov 30, 2024 | -8.55 |
| Aug 31, 2024 | 5.03 |
| May 31, 2024 | 5.74 |
| Feb 29, 2024 | 4.61 |
| Nov 30, 2023 | 9.40 |
| Aug 31, 2023 | 9.86 |
| May 31, 2023 | 12.49 |
| Feb 28, 2023 | 9.60 |
| Nov 30, 2022 | 13.93 |
| Aug 31, 2022 | 17.24 |
| May 31, 2022 | 18.39 |
| Feb 28, 2022 | 22.57 |
| Nov 30, 2021 | 13.68 |
| Aug 31, 2021 | 10.53 |
API Access
Commercial Metals Dividend Coverage 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=dividend-coverage-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();