Commercial Metals (CMC) Gross Margin (2009 - 2026)
Commercial Metals (CMC) posted Gross Margin of 18.33% for Q2 2026, up 0.74% on a QoQ basis from 18.19% in Q1 2026, and up 348.0% year-over-year from 4.09% in Q2 2025.
Analysis
Commercial Metals (CMC) Gross Margin (2009 - 2026) Analysis & Trends
Commercial Metals has reported Gross Margin for 18 years, with the latest figure at 18.33% in Q2 2026.
- On a quarterly basis, Gross Margin rose 348.0% year-over-year to 18.33% in Q2 2026; TTM through May 2026 was 18.56%, a 359.0% increase from a year earlier, with the FY2025 full-year figure at 15.65%, down 150.0% from the prior year.
- Gross Margin was 18.33% for Q2 2026 at Commercial Metals, up from 18.19% in the prior quarter.
- The five-year high for Gross Margin was 22.8% in Q4 2022, with the low at 12.51% in Q1 2025.
- Average Gross Margin over 5 years is 18.42%, with a median of 18.89% recorded in 2025.
- The sharpest annual moves came in 2024 and 2026: Gross Margin sank 421 bps in 2024, then jumped 568 bps in 2026.
- Over 5 years, Gross Margin stood at 22.8% in 2022, then declined by 13 bps to 19.92% in 2023, then retreated by 19 bps to 16.12% in 2024, then increased by 19 bps to 19.2% in 2025, then slipped by 5 bps to 18.33% in 2026.
- The last three Gross Margin figures came in at 18.33% (Q2 2026), 18.19% (Q1 2026), and 19.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 19.56% |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 15.74% |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 15.83% |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 18.33% |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | 2.53% |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 8.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 11.75% |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 21.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 18.33% |
| 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% |