Commercial Metals (CMC) Net Margin (2009 - 2026)
Commercial Metals (CMC) posted Net Margin of 6.97% for fiscal Q3 2026 (quarter ended May 31, 2026), up 2.85 percentage points from 4.12% a year earlier and up 2.60 percentage points from the prior quarter.
Commercial Metals (CMC) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Net Margin at Commercial Metals was 6.72%, up 6.25 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it was 1.09%, down 5.04 percentage points from FY2024.
- Annual Net Margin has declined for three consecutive fiscal years, with a five-year change of -4.02 percentage points (FY2020 to FY2025).
- In prior fiscal years, Commercial Metals' Net Margin was 6.13% in FY2024 (-3.65 pp), 9.77% in FY2023 (-3.89 pp), 13.66% in FY2022 (+7.52 pp) and 6.13% in FY2021 (+1.03 pp).
- Quarterly Net Margin has run from a low of -9.20% in fiscal Q1 2025 to a high of 19.08% in fiscal Q2 2022 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last four quarters, with an average year-over-year change of -0.08 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q1 2026, with a gain of 17.56 percentage points; the weakest was fiscal Q1 2025, with a drop of 18.00 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 4.36% (Q2 2026), 8.36% (Q1 2026) and 7.18% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 12.31% |
| 10 | Commercial Metals | 6.87 Bn | 6.31 Bn | 455.14 Mn | 6.97% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 6.97% |
| Feb 28, 2026 | 4.36% |
| Nov 30, 2025 | 8.36% |
| Aug 31, 2025 | 7.18% |
| May 31, 2025 | 4.12% |
| Feb 28, 2025 | 1.45% |
| Nov 30, 2024 | -9.20% |
| Aug 31, 2024 | 5.21% |
| May 31, 2024 | 5.75% |
| Feb 29, 2024 | 4.64% |
| Nov 30, 2023 | 8.80% |
| Aug 31, 2023 | 8.34% |
| May 31, 2023 | 9.98% |
| Feb 28, 2023 | 8.91% |
| Nov 30, 2022 | 11.75% |
| Aug 31, 2022 | 11.99% |
| May 31, 2022 | 12.42% |
| Feb 28, 2022 | 19.08% |
| Nov 30, 2021 | 11.75% |
| Aug 31, 2021 | 7.50% |
Commercial Metals Net 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=net-margin&ticker=CMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();