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
DateValue
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%