Commercial Metals (CMC) Gross Margin (2009 - 2026)
Commercial Metals (CMC) recorded quarterly Gross Margin of 18.19% in Q1 2026, down 5.25% quarter-over-quarter from 19.2% in Q4 2025, and up 568.0% on a YoY basis from 2.72% in Q1 2025.
Commercial Metals (CMC) Gross Margin (2009 - 2026) Analysis & Trends
Commercial Metals' Gross Margin history runs 18 years deep, the most recent figure standing at 18.19% for Q1 2026.
- In Q1 2026, Gross Margin rose 568.0% year-over-year to 18.19%; the TTM figure through Feb 2026 stood at 17.74% (up 235.0% YoY), while the FY2025 annual figure was 15.65%, down 150.0% from the prior year.
- Gross Margin was 18.19% for Q1 2026 at Commercial Metals, down from 19.2% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 22.8% in Q4 2022 to a low of 12.51% in Q1 2025.
- Historically, Gross Margin has averaged 18.42% across 5 years, with a median of 19.2% in 2025.
- The sharpest annual moves came in 2024 and 2026: Gross Margin slumped 421 bps in 2024, then soared 568 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 22.8% in 2022, then dropped by 13 bps to 19.92% in 2023, then fell by 19 bps to 16.12% in 2024, then grew by 19 bps to 19.2% in 2025, then fell by 5 bps to 18.19% in 2026.
- The last three Gross Margin figures came in at 18.19% (Q1 2026), 19.2% (Q4 2025), and 18.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 26.15 Bn | 25.86 Bn | 251.80 Mn | 31.03% |
| 2 | Ati | 25.48 Bn | 25.19 Bn | 262.90 Mn | 22.83% |
| 3 | Mueller Industries | 14.66 Bn | 13.28 Bn | 358.44 Mn | 30.05% |
| 4 | Commercial Metals | 8.43 Bn | 7.93 Bn | 387.91 Mn | 18.19% |
| 5 | Esab | 5.37 Bn | 5.23 Bn | 257.79 Mn | 35.76% |
| 6 | Gpgi | 3.15 Bn | 3.15 Bn | - | - |
| 7 | Worthington Enterprises | 2.87 Bn | 2.87 Bn | 109.47 Mn | 28.91% |
| 8 | Proto Labs | 1.79 Bn | 1.65 Bn | 63.59 Mn | 45.64% |
| 9 | Ryerson Holding | 1.20 Bn | 1.19 Bn | 288.80 Mn | 18.44% |
| 10 | Mayville Engineering Company | 709.34 Mn | 707.28 Mn | 10.96 Mn | 7.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 18.19% |
| Nov 30, 2025 | 19.20% |
| Aug 31, 2025 | 18.58% |
| May 31, 2025 | 14.85% |
| Feb 28, 2025 | 12.51% |
| Nov 30, 2024 | 16.12% |
| Aug 31, 2024 | 16.18% |
| May 31, 2024 | 16.38% |
| Feb 29, 2024 | 16.03% |
| Nov 30, 2023 | 19.92% |
| Aug 31, 2023 | 19.24% |
| May 31, 2023 | 20.58% |
| Feb 28, 2023 | 19.64% |
| Nov 30, 2022 | 22.80% |
| Aug 31, 2022 | 21.10% |
| May 31, 2022 | 22.23% |
| Feb 28, 2022 | 19.61% |
| Nov 30, 2021 | 19.95% |
| Aug 31, 2021 | 16.92% |
| May 31, 2021 | 16.87% |