Commercial Metals (CMC) Dividend Coverage Ratio (2009 - 2026)
Commercial Metals' (CMC) Dividend Coverage Ratio stood at 9.61 in fiscal Q4 2026 (quarter ended Aug 31, 2026), up 27.4% from 7.54 a year earlier and up 23.0% from the prior quarter.
Commercial Metals (CMC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 31, 2026), Commercial Metals' Dividend Coverage Ratio came in at 7.78, up 648.8% from FY2025.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 1.04 in FY2025 (-83.1%), 6.16 in FY2024 (-46.3%), 11.47 in FY2023 (-36.1%) and 17.97 in FY2022 (+151.4%).
- The fiscal Q4 2026 figure is the highest quarterly Dividend Coverage Ratio since fiscal Q4 2023.
- On a year-over-year basis, Dividend Coverage Ratio has increased for three consecutive quarters, with growth averaging 56.7% over the last six quarters.
- 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 7.81 (Q3 2026), 4.66 (Q2 2026) and 8.86 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 153.11 Bn | 131.97 Bn | 2.90 Bn | 2.02 |
| 3 | Rio Tinto | 136.52 Bn | 97.02 Bn | - | - |
| 4 | Newmont | 118.43 Bn | 83.75 Bn | 4.22 Bn | 9.10 |
| 5 | Freeport-Mcmoran | 92.71 Bn | 88.86 Bn | 2.19 Bn | 4.56 |
| 6 | Agnico Eagle Mines | 88.05 Bn | 77.68 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 64.72 Bn | 49.46 Bn | 2.90 Bn | 4.23 |
| 8 | Nucor | 58.54 Bn | 49.08 Bn | 2.03 Bn | 8.96 |
| 9 | ArcelorMittal | 45.80 Bn | 26.83 Bn | - | - |
| 10 | Commercial Metals | 7.04 Bn | 6.27 Bn | 501.51 Mn | 9.61 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 9.61 |
| 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 |
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_KEY
import 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();