Commercial Metals (CMC) Gross Margin (2009 - 2026)
Commercial Metals (CMC) posted Gross Margin of 18.87% for fiscal Q4 2026 (quarter ended Aug 31, 2026), up 0.29 percentage points from 18.58% a year earlier and up 0.54 percentage points from the prior quarter.
Commercial Metals (CMC) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 31, 2026), Commercial Metals' Gross Margin came in at 18.65%, up 3.00 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +2.21 percentage points (FY2021 to FY2026).
- In prior fiscal years, Commercial Metals' Gross Margin was 15.65% in FY2025 (-1.50 pp), 17.14% in FY2024 (-3.45 pp), 20.59% in FY2023 (-0.24 pp) and 20.83% in FY2022 (+4.39 pp).
- Quarterly Gross Margin has run from a low of 12.51% in fiscal Q2 2025 to a high of 22.80% in fiscal Q1 2023 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last five quarters, with an average year-over-year change of +0.76 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2026, with a gain of 5.68 percentage points; the weakest was fiscal Q3 2024, with a drop of 4.21 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 18.33% (Q3 2026), 18.19% (Q2 2026) and 19.20% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | 65.95% |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 66.32% |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 31.10% |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 54.74% |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | 19.56% |
| 10 | Commercial Metals | 7.17 Bn | 6.40 Bn | 501.51 Mn | 18.87% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 18.87% |
| 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% |
Commercial Metals Gross Margin 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=gross-margin&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();