Every 10-Q that Commercial Metals Company (CMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMC filings page.
Commercial Metals Company reported sharply higher results for the quarter ended May 31, 2026. Net sales rose to $2.48 billion from $2.02 billion, while net earnings more than doubled to $173.0 million. Diluted EPS increased to $1.55 from $0.73.
For the nine months, net sales grew to $6.74 billion from $5.68 billion and net earnings swung to $443.3 million from a $67.1 million loss, helped by lower litigation expense and a $88.7 million tax benefit from an advanced energy project credit. Operating cash flow reached $603.0 million. CMC closed two large precast concrete acquisitions—Foley for about $1.84 billion and CP&P for about $675 million—adding significant goodwill and intangibles but lifting total debt to $3.43 billion, including new 2033 and 2035 notes. A previously recorded $358.5 million litigation accrual and ongoing appeals in the Pacific Steel Group case remain a potential drag on future liquidity.
Commercial Metals Company reported much stronger results for the quarter ended February 28, 2026, with net sales of $2.13 billion and net earnings of $93.0 million, or $0.83 per diluted share. For the six-month period, net sales reached $4.25 billion and net earnings were $270.3 million, or $2.41 per diluted share, compared with a loss in the prior-year period.
Results reflect the acquisitions of Foley Products and Concrete Pipe and Precast, adding a large precast concrete platform and driving goodwill to $2.13 billion. These deals were funded largely with new senior notes totaling $2.0 billion, increasing long-term debt to $3.31 billion. Operating cash flow of $370.5 million partly offset heavy acquisition-related investing outflows.
The company also recognized $15.6 million of government energy assistance and an income tax benefit of $53.8 million from an advanced energy project tax credit. A prior antitrust judgment with an accrued contingent loss of $369.7 million remains under appeal, representing a potential future cash outflow.
Commercial Metals Company reported a strong turnaround for the quarter ended November 30, 2025. Net sales rose to $2.12 billion from $1.91 billion, and the company moved from a net loss of $175.7 million a year ago to net earnings of $177.3 million. Basic EPS improved from a loss of $(1.54) to earnings of $1.60.
Profitability benefited from higher segment results and the absence of the prior year’s $350 million litigation charge, with current period litigation expense limited to $3.7 million of post‑judgment interest. Adjusted EBITDA increased across North America Steel Group, Construction Solutions Group and Europe Steel Group, led by North America.
The company significantly expanded its balance sheet to support growth. It issued $1.0 billion of 5.750% notes due 2033 and $1.0 billion of 6.000% notes due 2035, lifting long‑term debt to $3.31 billion and boosting cash, restricted cash and cash equivalents to $3.03 billion. These proceeds helped fund the $675 million CP&P acquisition and the approximately $1.84 billion Foley Acquisition, both adding a large precast concrete platform to the Construction Solutions Group.
Commercial Metals Company (CMC) has filed its Q3 2025 quarterly report (10-Q). The filing provides detailed segment reporting across three main business units: North America Steel Group, Europe Steel Group, and Emerging Business Group.
Key financial elements include:
- Extensive derivatives and hedging activities, including commodity contracts for copper, electricity, and natural gas
- Fair value measurements across three levels for various financial instruments
- Significant debt instruments including 4.125% Senior Unsecured Notes due 2032 and 3.875% Notes due 2031
- Active risk management through foreign exchange contracts and commodity hedging
The company maintains a complex capital structure with multiple financing arrangements, including revolving credit facilities and standby letters of credit. Notable operational highlights include continued focus on fabricated products and installation services, particularly in the North American market, with revenue recognition both over time and at point of sale.