Commercial Metals (CMC) Return on Invested Capital [ROIC] (2009 - 2026)
Commercial Metals' Return on Invested Capital [ROIC] was -79.59% in fiscal Q4 2026 (quarter ended Aug 31, 2026), up 12.95 percentage points from -92.54% a year earlier but down 6.47 percentage points from the prior quarter.
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Analysis
Commercial Metals (CMC) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 31, 2026), Return on Invested Capital [ROIC] at Commercial Metals came in at -93.59%, down 1.44 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a five-year change of +30.26 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was -92.15% in FY2025 (-8.14 pp), -84.02% in FY2024 (+5.11 pp), -89.13% in FY2023 (+19.82 pp) and -108.95% in FY2022 (+14.90 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -125.87% (fiscal Q1 2022) and -69.12% (fiscal Q2 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for four straight quarters, with an average year-over-year change of +4.30 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 35.77 percentage points); the worst was fiscal Q1 2022 (a drop of 20.78 percentage points).
- Per Business Quant data, CMC's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2026 was -73.12% (Q3 2026), -69.12% (Q2 2026) and -78.17% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 13.71% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 30.10% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 8.59% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 7.61% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 21.64% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 12.32% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 22.01% |
| 10 | Commercial Metals | 7.09 Bn | 6.32 Bn | 501.51 Mn | 9.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 9.81% |
| May 31, 2026 | 8.87% |
| Feb 28, 2026 | 7.50% |
| Nov 30, 2025 | 7.36% |
| Aug 31, 2025 | 2.19% |
| May 31, 2025 | 1.34% |
| Feb 28, 2025 | 2.07% |
| Nov 30, 2024 | 3.15% |
| Aug 31, 2024 | 9.52% |
| May 31, 2024 | 11.04% |
| Feb 29, 2024 | 13.19% |
| Nov 30, 2023 | 15.06% |
| Aug 31, 2023 | 17.00% |
| May 31, 2023 | 19.33% |
| Feb 28, 2023 | 21.47% |
| Nov 30, 2022 | 0.28% |
| Aug 31, 2022 | -1.03% |
| May 31, 2022 | -3.66% |
| Feb 28, 2022 | -8.97% |
| Nov 30, 2021 | 17.94% |
API Access
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_KEYimport 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();