Commercial Metals (CMC) Operating Expenses (2009 - 2026)
Commercial Metals (CMC) recorded quarterly Operating Expenses of $2.0 billion in Q1 2026, up 4.38% quarter-over-quarter from $1.9 billion in Q4 2025, and up 17.69% on a YoY basis from $1.7 billion in Q1 2025.
Commercial Metals (CMC) Operating Expenses (2009 - 2026) Analysis & Trends
Commercial Metals' Operating Expenses history runs 18 years deep, the most recent figure standing at $2.0 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 17.69% year-over-year to $2.0 billion; the TTM figure through Feb 2026 stood at $7.8 billion (up 1.99% YoY), while the FY2025 annual figure was $7.7 billion, up 5.5% from the prior year.
- Operating Expenses was $2.0 billion for Q1 2026 at Commercial Metals, up from $1.9 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.1 billion in Q4 2024 to a low of $1.5 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.9 billion across 5 years, with a median of $1.9 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses gained 25.9% in 2022, then declined 9.51% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.9 billion in 2022, then decreased by 5.85% to $1.8 billion in 2023, then climbed by 20.39% to $2.1 billion in 2024, then dropped by 9.51% to $1.9 billion in 2025, then increased by 4.38% to $2.0 billion in 2026.
- The last three Operating Expenses figures came in at $2.0 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 26.15 Bn | 25.86 Bn | 251.80 Mn | 65.30 Mn |
| 2 | Ati | 25.48 Bn | 25.19 Bn | 262.90 Mn | 99.10 Mn |
| 3 | Mueller Industries | 14.66 Bn | 13.28 Bn | 358.44 Mn | 83.44 Mn |
| 4 | Commercial Metals | 8.43 Bn | 7.93 Bn | 387.91 Mn | 2.02 Bn |
| 5 | Esab | 5.37 Bn | 5.23 Bn | 257.79 Mn | 171.18 Mn |
| 6 | Gpgi | 3.15 Bn | 3.15 Bn | - | 55.60 Mn |
| 7 | Worthington Enterprises | 2.87 Bn | 2.87 Bn | 109.47 Mn | 77.93 Mn |
| 8 | Proto Labs | 1.79 Bn | 1.65 Bn | 63.59 Mn | 53.75 Mn |
| 9 | Ryerson Holding | 1.20 Bn | 1.19 Bn | 288.80 Mn | 265.20 Mn |
| 10 | Mayville Engineering Company | 709.34 Mn | 707.28 Mn | 10.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 2.02 Bn |
| Nov 30, 2025 | 1.94 Bn |
| Aug 31, 2025 | 1.92 Bn |
| May 31, 2025 | 1.91 Bn |
| Feb 28, 2025 | 1.72 Bn |
| Nov 30, 2024 | 2.14 Bn |
| Aug 31, 2024 | 1.86 Bn |
| May 31, 2024 | 1.92 Bn |
| Feb 29, 2024 | 1.73 Bn |
| Nov 30, 2023 | 1.78 Bn |
| Aug 31, 2023 | 1.97 Bn |
| May 31, 2023 | 2.03 Bn |
| Feb 28, 2023 | 1.78 Bn |
| Nov 30, 2022 | 1.89 Bn |
| Aug 31, 2022 | 2.07 Bn |
| May 31, 2022 | 2.11 Bn |
| Feb 28, 2022 | 1.50 Bn |
| Nov 30, 2021 | 1.72 Bn |
| Aug 31, 2021 | 1.84 Bn |
| May 31, 2021 | 1.68 Bn |