Commercial Metals (CMC) Tax Rate (2009 - 2026)
Commercial Metals (CMC) recorded quarterly Tax Rate of 15.23% in Q1 2026, up 392.69% quarter-over-quarter from 3.09% in Q4 2025, and down 1421.0% on a YoY basis from 1.15% in Q1 2025.
Commercial Metals (CMC) Tax Rate (2009 - 2026) Analysis & Trends
Commercial Metals' Tax Rate history runs 18 years deep, the most recent figure standing at 15.23% for Q1 2026.
- In Q1 2026, Tax Rate fell 1421.0% year-over-year to 15.23%; the TTM figure through Feb 2026 stood at 15.15% (down 1088.0% YoY), while the FY2025 annual figure was 21.28%, down 235.0% from the prior year.
- Tax Rate was 15.23% for Q1 2026 at Commercial Metals, up from 3.09% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 29.44% in Q1 2025 to a low of 3.09% in Q4 2025.
- Historically, Tax Rate has averaged 21.71% across 5 years, with a median of 22.86% in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 1164 bps in 2022, then sank 2094 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 22.67% in 2022, then fell by 5 bps to 21.55% in 2023, then gained by 12 bps to 24.03% in 2024, then sank by 87 bps to 3.09% in 2025, then surged by 393 bps to 15.23% in 2026.
- The last three Tax Rate figures came in at 15.23% (Q1 2026), 3.09% (Q4 2025), and 21.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 26.15 Bn | 25.86 Bn | 251.80 Mn | 21.00% |
| 2 | Ati | 25.48 Bn | 25.19 Bn | 262.90 Mn | 11.79% |
| 3 | Mueller Industries | 14.66 Bn | 13.28 Bn | 358.44 Mn | 24.80% |
| 4 | Commercial Metals | 8.43 Bn | 7.93 Bn | 387.91 Mn | 15.23% |
| 5 | Esab | 5.37 Bn | 5.23 Bn | 257.79 Mn | 19.79% |
| 6 | Gpgi | 3.15 Bn | 3.15 Bn | - | -4.66% |
| 7 | Worthington Enterprises | 2.87 Bn | 2.87 Bn | 109.47 Mn | 24.94% |
| 8 | Proto Labs | 1.79 Bn | 1.65 Bn | 63.59 Mn | 28.28% |
| 9 | Ryerson Holding | 1.20 Bn | 1.19 Bn | 288.80 Mn | 62.12% |
| 10 | Mayville Engineering Company | 709.34 Mn | 707.28 Mn | 10.96 Mn | 28.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 15.23% |
| Feb 28, 2026 | 15.23% |
| Nov 30, 2025 | 3.09% |
| Nov 30, 2025 | 3.09% |
| Aug 31, 2025 | 21.45% |
| Aug 31, 2025 | 21.45% |
| May 31, 2025 | 24.09% |
| May 31, 2025 | 24.09% |
| Feb 28, 2025 | 29.44% |
| Feb 28, 2025 | 29.44% |
| Nov 30, 2024 | 24.03% |
| Nov 30, 2024 | 24.03% |
| Aug 31, 2024 | 22.29% |
| Aug 31, 2024 | 22.29% |
| May 31, 2024 | 25.49% |
| May 31, 2024 | 25.49% |
| Feb 29, 2024 | 26.58% |
| Feb 29, 2024 | 26.58% |
| Nov 30, 2023 | 21.55% |
| Nov 30, 2023 | 21.55% |