Commercial Metals (CMC) Interest Coverage Ratio (2009 - 2026)
Commercial Metals (CMC) posted Interest Coverage Ratio of 45.75 for Q2 2026, down 14.56% on a QoQ basis from 39.93 in Q1 2026, and up 69.14% year-over-year from 27.05 in Q2 2025.
Analysis
Commercial Metals (CMC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Commercial Metals has reported Interest Coverage Ratio for 18 years, with the latest figure at 45.75 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 69.14% year-over-year to 45.75 in Q2 2026; TTM through May 2026 was 55.3, a 61.18% increase from a year earlier, with the FY2025 full-year figure at 142.22, down 14.83% from the prior year.
- Interest Coverage Ratio was 45.75 for Q2 2026 at Commercial Metals, down from 39.93 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 39.93 in Q1 2026, with the low at 187.22 in Q3 2023.
- Average Interest Coverage Ratio over 5 years is 118.73, with a median of 123.34 recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio sank 70.71% in 2023, then surged 70.25% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 105.86 in 2022, then decreased by 10.84% to 117.33 in 2023, then plunged by 37.98% to 161.9 in 2024, then surged by 61.96% to 61.58 in 2025, then climbed by 25.72% to 45.75 in 2026.
- The last three Interest Coverage Ratio figures came in at 45.75 (Q2 2026), 39.93 (Q1 2026), and 61.58 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 10.48 |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 45.25 |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 17.91 |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 6.97 |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | -45.75 |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 0.79 |
| 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 | 0.27 |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -45.75 |
| Feb 28, 2026 | -39.93 |
| Nov 30, 2025 | -61.58 |
| Aug 31, 2025 | -125.85 |
| May 31, 2025 | -148.25 |
| Feb 28, 2025 | -134.21 |
| Nov 30, 2024 | -161.90 |
| Aug 31, 2024 | -126.78 |
| May 31, 2024 | -130.21 |
| Feb 29, 2024 | -120.82 |
| Nov 30, 2023 | -117.33 |
| Aug 31, 2023 | -187.22 |
| May 31, 2023 | -174.84 |
| Feb 28, 2023 | -139.39 |
| Nov 30, 2022 | -105.86 |
| Aug 31, 2022 | -109.67 |
| May 31, 2022 | -115.49 |
| Feb 28, 2022 | -92.02 |
| Nov 30, 2021 | -120.04 |
| Aug 31, 2021 | -128.16 |