Commercial Metals Co Stock Price, News & Analysis

Commercial Metals Company (NYSE: CMC) priced an exempt offering of $2,000,000,000 of senior unsecured notes in two tranches: $1,000,000,000 5.75% notes due Nov 15, 2033 and $1,000,000,000 6.00% notes due Dec 15, 2035. The offering is expected to close on or about Nov 26, 2025. Net proceeds are intended to fund the previously announced Foley Acquisition, pay transaction fees, and for general corporate purposes. The notes rank equally with existing senior unsecured debt and must be redeemed at 100% of issue price plus accrued interest if the Foley Acquisition is not completed on or prior to Oct 15, 2026.

Commercial Metals Company (NYSE: CMC) intends to offer $2,000 million aggregate principal amount of new senior unsecured notes in a private Rule 144A/Reg S offering, with final terms set at pricing.

Proceeds are intended to fund the previously announced acquisition of Foley Products Company and related fees and for general corporate purposes. The Offering will close before the Foley Acquisition; if the acquisition is not completed by October 15, 2026 (or the purchase agreement is terminated prior), CMC must redeem the Notes at 100% of issue price plus accrued interest.

Commercial Metals Company (NYSE: CMC) reported fiscal Q4 net earnings of $151.8M (or $1.35/sh) and adjusted earnings of $155.0M (or $1.37/sh) on net sales of $2.1B. Consolidated core EBITDA for Q4 was $291.4M with a core EBITDA margin of 13.8%. North America steel margins expanded sequentially; Emerging Businesses Group posted record quarterly results led by Tensar; Arizona 2 micro mill generated positive adjusted EBITDA. Full-year net earnings were $84.7M (incl. an after-tax litigation charge of ~$274M). Cash and equivalents were $1.0B and available liquidity ~$1.9B. The board declared a quarterly dividend of $0.18 per share.

Commercial Metals Company (NYSE: CMC) agreed to acquire Foley Products Company for a cash purchase price of $1.84 billion on Oct. 16, 2025, subject to customary adjustments. The purchase equals 10.3x Foley's forecasted 2025 EBITDA (effective ~9.2x after cash tax benefits).

The deal creates an immediate precast platform scale (35 facilities across 14 states), positions CMC as the #3 U.S. precast player, and is expected to be accretive to EPS and free cash flow in year one. Annual run-rate synergies of $25–30 million are targeted by year three. Pro forma, core EBITDA margin is forecast to rise by 210 bps, ~32% of pro forma segment adjusted EBITDA will come from Emerging Businesses, and net debt/adjusted EBITDA is expected ~2.7x with a plan to reach <2.0x within 18 months.

Commercial Metals Company (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share on October 15, 2025.

This is CMC's 244th consecutive quarterly dividend. The dividend will be paid on November 13, 2025 to shareholders of record as of the close of business on October 30, 2025. CMC operates a manufacturing network in the United States and Central Europe that supplies reinforcement products and technologies to the global construction sector.

Commercial Metals Company (NYSE: CMC) has received an adverse ruling on September 29, 2025, regarding its post-trial motions in the Pacific Steel Group v. Commercial Metals Co. litigation. The court upheld the jury's verdict from November 5, 2024, which favored Pacific Steel Group.

CMC has expressed disappointment with the outcome and announced plans to appeal the decision to the U.S. Court of Appeals for the Ninth Circuit. The company maintains its stance on the integrity of its business practices and has committed to vigorously defending its position through the appeals process.

Commercial Metals Company (NYSE: CMC) has announced a definitive agreement to acquire Concrete Pipe & Precast, LLC (CP&P) for $675 million in cash. The acquisition represents a 9.5x multiple of CP&P's forecasted 2025 EBITDA, reducing to 8.5x when including cash tax benefits.

The strategic acquisition expands CMC's presence in early-stage construction solutions in the U.S. Mid-Atlantic and South Atlantic regions. The company expects annual run-rate synergies of $5-10 million by year three. CP&P operates in a $30 billion domestic precast concrete industry, where the top 10 suppliers represent less than 25% of the market.

The transaction is expected to be immediately accretive to earnings per share and free cash flow per share, with CP&P's EBITDA margins generally exceeding 20%.

Commercial Metals Company (NYSE: CMC) has scheduled its fourth quarter and full year fiscal 2025 earnings conference call for October 16, 2025, at 11:00 a.m. Eastern Time. The call will feature presentations from CEO Peter Matt and CFO Paul Lawrence.

Investors and interested parties can access the webcast in listen-only mode through CMC's website at www.cmc.com. The company, which operates primarily in the United States and Central Europe, provides innovative solutions for the global construction sector, focusing on reinforcement products and technologies across infrastructure, residential, non-residential, industrial, and energy applications.

Commercial Metals Company (NYSE: CMC) has been honored with the Obelisk Award for Arts Education by the Business Council for the Arts (BCA), recognizing its extraordinary support of arts and culture in North Texas.

The recognition stems from CMC's 46-year-running initiative 'Scrap Can Be Beautiful', a partnership with Booker T. Washington School for the Performing and Visual Arts. The program combines arts education with sustainability by having students create sculptures from metal scrap materials donated by CMC's local recycling yard.