Commercial Metals (CMC) Tax Rate (2009 - 2026)
Commercial Metals (CMC) posted Tax Rate of 8.38% for Q2 2026, down 44.96% on a QoQ basis from 15.23% in Q1 2026, and down 1571.0% year-over-year from 0.57% in Q2 2025.
Analysis
Commercial Metals (CMC) Tax Rate (2009 - 2026) Analysis & Trends
Commercial Metals has reported Tax Rate for 18 years, with the latest figure at 8.38% in Q2 2026.
- On a quarterly basis, Tax Rate fell 1571.0% year-over-year to 8.38% in Q2 2026; TTM through May 2026 was 11.8%, a 1160.0% decrease from a year earlier, with the FY2025 full-year figure at 21.28%, down 235.0% from the prior year.
- Tax Rate was 8.38% for Q2 2026 at Commercial Metals, down from 15.23% in the prior quarter.
- The five-year high for Tax Rate was 29.44% in Q1 2025, with the low at 3.09% in Q4 2025.
- Average Tax Rate over 5 years is 20.97%, with a median of 22.76% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 1164 bps in 2022, then plunged 2094 bps in 2025.
- Over 5 years, Tax Rate stood at 22.67% in 2022, then retreated by 5 bps to 21.55% in 2023, then advanced by 12 bps to 24.03% in 2024, then plunged by 87 bps to 3.09% in 2025, then jumped by 171 bps to 8.38% in 2026.
- The last three Tax Rate figures came in at 8.38% (Q2 2026), 15.23% (Q1 2026), and 3.09% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 21.23% |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 22.34% |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | -27.59% |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 8.38% |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | 13.16% |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | -16.44% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | -30.63% |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 23.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Nov 30, 2024 | 24.03% |
| 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% |