Commercial Metals (CMC) Shares Outstanding (Diluted) (2009 - 2026)
Commercial Metals (CMC) reported Shares Outstanding (Diluted) of 111.71 million for fiscal Q3 2026 (quarter ended May 31, 2026), down 1.6% from 113.56 million a year earlier and down 0.2% from the prior quarter.
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Analysis
Commercial Metals (CMC) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Commercial Metals posted Shares Outstanding (Diluted) of 114.09 million, down 2.6% from FY2024.
- Shares Outstanding (Diluted) has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -1.1% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding (Diluted) came in at 117.15 million in FY2024 (-1.2%), 118.61 million in FY2023 (-3.1%), 122.37 million in FY2022 (+0.3%) and 121.98 million in FY2021 (+1.4%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q1 2010.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 15 quarters, with an average decline of 2.3% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was fiscal Q4 2021 (growth of 1.4%); the low point was fiscal Q1 2025 (a decline of 3.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 111.92 million (Q2 2026), 112.25 million (Q1 2026) and 114.09 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 1.64 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 503.43 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 228.50 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 766.00 Mn |
| 10 | Commercial Metals | 6.87 Bn | 6.31 Bn | 455.14 Mn | 111.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 111.71 Mn |
| Feb 28, 2026 | 111.92 Mn |
| Nov 30, 2025 | 112.25 Mn |
| Aug 31, 2025 | 114.09 Mn |
| May 31, 2025 | 113.56 Mn |
| Feb 28, 2025 | 114.51 Mn |
| Nov 30, 2024 | 114.05 Mn |
| Aug 31, 2024 | 117.15 Mn |
| May 31, 2024 | 116.66 Mn |
| Feb 29, 2024 | 117.52 Mn |
| Nov 30, 2023 | 118.35 Mn |
| Aug 31, 2023 | 118.61 Mn |
| May 31, 2023 | 118.40 Mn |
| Feb 28, 2023 | 118.72 Mn |
| Nov 30, 2022 | 118.93 Mn |
| Aug 31, 2022 | 122.37 Mn |
| May 31, 2022 | 122.80 Mn |
| Feb 28, 2022 | 122.85 Mn |
| Nov 30, 2021 | 122.80 Mn |
| Aug 31, 2021 | 121.98 Mn |
API Access
Commercial Metals Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();