Commercial Metals (CMC) Tax Rate (2010 - 2026)
Commercial Metals' Tax Rate was 7.40% in fiscal Q4 2026 (quarter ended Aug 31, 2026), down 14.05 percentage points from 21.45% a year earlier and down 0.98 percentage points from the prior quarter.
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Analysis
Commercial Metals (CMC) Tax Rate (2010 - 2026) Analysis & Trends
For FY2026 (ended Aug 31, 2026), Tax Rate at Commercial Metals came in at 7.76%, down 13.52 percentage points from FY2025.
- Tax Rate shows a five-year change of -14.93 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 21.28% in FY2025 (-2.35 pp), 23.63% in FY2024 (+0.26 pp), 23.37% in FY2023 (+3.71 pp) and 19.66% in FY2022 (-3.03 pp).
- Quarterly Tax Rate has moved between 3.09% (fiscal Q1 2026) and 29.44% (fiscal Q2 2025) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -7.23 percentage points over the last six quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q1 2023 (a gain of 11.64 percentage points); the worst was fiscal Q3 2026 (a drop of 15.71 percentage points).
- Per Business Quant data, CMC's Tax Rate in the three fiscal quarters before Q4 2026 was 8.38% (Q3 2026), 15.23% (Q2 2026) and 3.09% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | - |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 26.14% |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 28.19% |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 27.90% |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | 21.23% |
| 10 | Commercial Metals | 7.17 Bn | 6.40 Bn | 501.51 Mn | 7.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.40% |
| May 31, 2026 | 8.38% |
| Feb 28, 2026 | 15.23% |
| Nov 30, 2025 | 3.09% |
| Aug 31, 2025 | 21.45% |
| May 31, 2025 | 24.09% |
| Feb 28, 2025 | 29.44% |
| Aug 31, 2024 | 22.29% |
| May 31, 2024 | 25.49% |
| Feb 29, 2024 | 26.58% |
| Nov 30, 2023 | 21.55% |
| Aug 31, 2023 | 22.59% |
| May 31, 2023 | 24.54% |
| Feb 28, 2023 | 23.63% |
| Nov 30, 2022 | 22.67% |
| Aug 31, 2022 | 14.76% |
| May 31, 2022 | 22.86% |
| Feb 28, 2022 | 24.80% |
| Nov 30, 2021 | 11.03% |
| Aug 31, 2021 | 20.98% |
API Access
Commercial Metals Tax Rate 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=tax-rate&ticker=CMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();