Commercial Metals (CMC) Total Debt (2009 - 2026)
Commercial Metals (CMC) recorded Total Debt of $3.41 billion in fiscal Q4 2026 (quarter ended Aug 31, 2026), up 149.9% from $1.36 billion a year earlier but down 0.6% from the prior quarter.
Commercial Metals (CMC) Total Debt (2009 - 2026) Analysis & Trends
Starting with fiscal Q4 2010, Commercial Metals' Total Debt history includes 65 quarters.
- Annual Total Debt has increased for three straight fiscal years, with a five-year compound annual growth rate of 25.9% (FY2021 to FY2026).
- Across earlier fiscal years, Total Debt came in at $1.36 billion in FY2025 (+13.8%), $1.2 billion in FY2024 (+2.9%), $1.16 billion in FY2023 (-23.0%) and $1.51 billion in FY2022 (+40.4%).
- Quarterly Total Debt has ranged from $1.07 billion in fiscal Q1 2022 to $3.43 billion in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Total Debt has increased for ten consecutive quarters, with growth averaging 87.2% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 182.1% in fiscal Q2 2026, against a decline of 24.6% in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3.43 billion (Q3 2026), $3.39 billion (Q2 2026) and $3.37 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 7.09 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 21.82 Bn |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 8.00 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 21.82 Bn |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 5.09 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 8.19 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 197.10 Mn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 9.40 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 4.70 Bn |
| 10 | Commercial Metals | 7.09 Bn | 6.32 Bn | 501.51 Mn | 3.41 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 3.41 Bn |
| May 31, 2026 | 3.43 Bn |
| Feb 28, 2026 | 3.39 Bn |
| Nov 30, 2025 | 3.37 Bn |
| Aug 31, 2025 | 1.36 Bn |
| May 31, 2025 | 1.35 Bn |
| Feb 28, 2025 | 1.20 Bn |
| Nov 30, 2024 | 1.20 Bn |
| Aug 31, 2024 | 1.20 Bn |
| May 31, 2024 | 1.21 Bn |
| Feb 29, 2024 | 1.17 Bn |
| Nov 30, 2023 | 1.16 Bn |
| Aug 31, 2023 | 1.16 Bn |
| May 31, 2023 | 1.17 Bn |
| Feb 28, 2023 | 1.38 Bn |
| Nov 30, 2022 | 1.34 Bn |
| Aug 31, 2022 | 1.51 Bn |
| May 31, 2022 | 1.55 Bn |
| Feb 28, 2022 | 1.49 Bn |
| Nov 30, 2021 | 1.07 Bn |
Commercial Metals Total Debt 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=total-debt&ticker=CMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=CMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();