Commercial Metals (CMC) Invested Capital (2010 - 2026)
Commercial Metals' Invested Capital was $7.93 billion in fiscal Q3 2026 (quarter ended May 31, 2026), up 45.8% from $5.44 billion a year earlier and up 2.1% from the prior quarter.
Commercial Metals (CMC) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Invested Capital at Commercial Metals came in at $5.55 billion, up 1.1% from FY2024.
- Invested Capital has now increased for eight consecutive fiscal years, with a five-year compound annual growth rate of 13.3% (FY2020 to FY2025).
- In earlier fiscal years, Invested Capital was $5.49 billion in FY2024 (+4.1%), $5.28 billion in FY2023 (+10.2%), $4.79 billion in FY2022 (+42.3%) and $3.36 billion in FY2021 (+13.2%).
- The fiscal Q3 2026 figure marks the highest quarterly Invested Capital in data going back to fiscal Q4 2010.
- Compared with a year earlier, Invested Capital has increased for four straight quarters, with growth averaging 17.5% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q2 2026 (growth of 49.2%); the worst was fiscal Q1 2025 (a decline of 3.4%).
- Per Business Quant data, CMC's Invested Capital in the three fiscal quarters before Q3 2026 was $7.77 billion (Q2 2026), $7.66 billion (Q1 2026) and $5.55 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 80.28 Bn |
| 10 | Commercial Metals | 6.87 Bn | 6.31 Bn | 455.14 Mn | 7.93 Bn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.93 Bn |
| Feb 28, 2026 | 7.77 Bn |
| Nov 30, 2025 | 7.66 Bn |
| Aug 31, 2025 | 5.55 Bn |
| May 31, 2025 | 5.44 Bn |
| Feb 28, 2025 | 5.21 Bn |
| Nov 30, 2024 | 5.20 Bn |
| Aug 31, 2024 | 5.49 Bn |
| May 31, 2024 | 5.46 Bn |
| Feb 29, 2024 | 5.38 Bn |
| Nov 30, 2023 | 5.38 Bn |
| Aug 31, 2023 | 5.28 Bn |
| May 31, 2023 | 5.18 Bn |
| Feb 28, 2023 | 5.15 Bn |
| Nov 30, 2022 | 4.92 Bn |
| Aug 31, 2022 | 4.79 Bn |
| May 31, 2022 | 4.68 Bn |
| Feb 28, 2022 | 4.34 Bn |
| Nov 30, 2021 | 3.55 Bn |
| Aug 31, 2021 | 3.36 Bn |
Commercial Metals Invested Capital 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=invested-capital&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();