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
DateValue
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