Commercial Metals (CMC) Return on Invested Capital [ROIC] (2010 - 2026)
Commercial Metals' Return on Invested Capital [ROIC] was -73.39% in fiscal Q3 2026 (quarter ended May 31, 2026), up 19.85 percentage points from -93.24% a year earlier but down 4.07 percentage points from the prior quarter.
Commercial Metals (CMC) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Return on Invested Capital [ROIC] at Commercial Metals came in at -92.30%, down 8.14 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +14.62 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was -84.16% in FY2024 (+5.16 pp), -89.32% in FY2023 (+19.89 pp), -109.22% in FY2022 (+14.96 pp) and -124.18% in FY2021 (-17.25 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -126.16% (fiscal Q1 2022) and -69.32% (fiscal Q2 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of +3.06 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q1 2023 (a gain of 35.85 percentage points); the worst was fiscal Q1 2022 (a drop of 20.77 percentage points).
- Per Business Quant data, CMC's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was -69.32% (Q2 2026), -78.32% (Q1 2026) and -92.70% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | Commercial Metals | 7.04 Bn | 6.48 Bn | 455.14 Mn | -73.39% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -73.39% |
| Feb 28, 2026 | -69.32% |
| Nov 30, 2025 | -78.32% |
| Aug 31, 2025 | -92.70% |
| May 31, 2025 | -93.24% |
| Feb 28, 2025 | -91.65% |
| Nov 30, 2024 | -88.74% |
| Aug 31, 2024 | -82.75% |
| May 31, 2024 | -83.75% |
| Feb 29, 2024 | -83.97% |
| Nov 30, 2023 | -84.49% |
| Aug 31, 2023 | -85.95% |
| May 31, 2023 | -89.78% |
| Feb 28, 2023 | -92.45% |
| Nov 30, 2022 | -90.31% |
| Aug 31, 2022 | -94.04% |
| May 31, 2022 | -95.80% |
| Feb 28, 2022 | -106.33% |
| Nov 30, 2021 | -126.16% |
| Aug 31, 2021 | -119.28% |
Commercial Metals Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();