Commercial Metals (CMC) Invested Capital (2009 - 2026)
Commercial Metals' Invested Capital was $8.11 billion in fiscal Q4 2026 (quarter ended Aug 31, 2026), up 45.8% from $5.56 billion a year earlier and up 1.8% from the prior quarter.
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Analysis
Commercial Metals (CMC) Invested Capital (2009 - 2026) Analysis & Trends
From fiscal Q4 2010 onward, Commercial Metals has reported Invested Capital for 65 quarters.
- Invested Capital has now increased for nine consecutive fiscal years, with a five-year compound annual growth rate of 19.2% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $5.56 billion in FY2025 (+1.1%), $5.5 billion in FY2024 (+4.0%), $5.29 billion in FY2023 (+10.1%) and $4.8 billion in FY2022 (+42.3%).
- The fiscal Q4 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 five straight quarters, with growth averaging 22.9% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q2 2026 (growth of 49.5%); 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 Q4 2026 was $7.96 billion (Q3 2026), $7.8 billion (Q2 2026) and $7.68 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 29.90 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 93.52 Bn |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 21.59 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 93.52 Bn |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 40.94 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 20.73 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 29.81 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 43.01 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 42.04 Bn |
| 10 | Commercial Metals | 7.09 Bn | 6.32 Bn | 501.51 Mn | 8.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 8.11 Bn |
| May 31, 2026 | 7.96 Bn |
| Feb 28, 2026 | 7.80 Bn |
| Nov 30, 2025 | 7.68 Bn |
| Aug 31, 2025 | 5.56 Bn |
| May 31, 2025 | 5.45 Bn |
| Feb 28, 2025 | 5.21 Bn |
| Nov 30, 2024 | 5.21 Bn |
| Aug 31, 2024 | 5.50 Bn |
| May 31, 2024 | 5.47 Bn |
| Feb 29, 2024 | 5.39 Bn |
| Nov 30, 2023 | 5.39 Bn |
| Aug 31, 2023 | 5.29 Bn |
| May 31, 2023 | 5.19 Bn |
| Feb 28, 2023 | 5.16 Bn |
| Nov 30, 2022 | 4.93 Bn |
| Aug 31, 2022 | 4.80 Bn |
| May 31, 2022 | 4.69 Bn |
| Feb 28, 2022 | 4.36 Bn |
| Nov 30, 2021 | 3.56 Bn |
API Access
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_KEYimport 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();