Commercial Metals (CMC) Inventory (2010 - 2026)
Commercial Metals (CMC) reported Inventory of $1.17 billion for fiscal Q3 2026 (quarter ended May 31, 2026), up 16.6% from $1.01 billion a year earlier and up 2.5% from the prior quarter.
Commercial Metals (CMC) Inventory (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Aug 31, 2025), Commercial Metals posted Inventory of $934.31 million, down 3.9% from FY2024.
- Inventory has declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- By fiscal year, Inventory came in at $971.76 million in FY2024 (-6.2%), $1.04 billion in FY2023 (-11.5%), $1.17 billion in FY2022 (+25.0%) and $935.39 million in FY2021 (+49.6%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Inventory since fiscal Q3 2022.
- Year over year, Inventory gained in two of the last eight quarters, with an average decline of 0.7%.
- The high point for year-over-year Inventory in five years was fiscal Q1 2022 (growth of 64.0%); the low point was fiscal Q2 2025 (a decline of 15.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.14 billion (Q2 2026), $951.08 million (Q1 2026) and $934.31 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 7.73 Bn |
| 2 | Southern Copper | 164.24 Bn | 143.03 Bn | 2.90 Bn | 1.06 Bn |
| 3 | Rio Tinto | 141.58 Bn | 102.09 Bn | - | 6.97 Bn |
| 4 | Newmont | 124.17 Bn | 92.18 Bn | 4.03 Bn | 1.48 Bn |
| 5 | Freeport-Mcmoran | 98.56 Bn | 82.60 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 93.87 Bn | 83.50 Bn | 2.43 Bn | 1.62 Bn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 2.09 Bn |
| 8 | Nucor | 59.81 Bn | 49.19 Bn | 2.03 Bn | 6.02 Bn |
| 9 | ArcelorMittal | 48.19 Bn | 27.21 Bn | - | 19.28 Bn |
| 10 | Commercial Metals | 7.10 Bn | 6.54 Bn | 455.14 Mn | 1.17 Bn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.17 Bn |
| Feb 28, 2026 | 1.14 Bn |
| Nov 30, 2025 | 951.08 Mn |
| Aug 31, 2025 | 934.31 Mn |
| May 31, 2025 | 1.01 Bn |
| Feb 28, 2025 | 978.28 Mn |
| Nov 30, 2024 | 960.09 Mn |
| Aug 31, 2024 | 971.76 Mn |
| May 31, 2024 | 1.08 Bn |
| Feb 29, 2024 | 1.15 Bn |
| Nov 30, 2023 | 1.03 Bn |
| Aug 31, 2023 | 1.04 Bn |
| May 31, 2023 | 1.15 Bn |
| Feb 28, 2023 | 1.14 Bn |
| Nov 30, 2022 | 1.10 Bn |
| Aug 31, 2022 | 1.17 Bn |
| May 31, 2022 | 1.35 Bn |
| Feb 28, 2022 | 1.14 Bn |
| Nov 30, 2021 | 1.07 Bn |
| Aug 31, 2021 | 935.39 Mn |
Commercial Metals Inventory 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=inventory&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();