OverviewSuggest Edit

Commercial Metals Company (CMC) is a company that manufactures, recycles, and markets steel and metal products, related materials, and services through a network of facilities. It processes scrap metals for use as raw material, as well as produces steel rebar, angles, flats, rounds, channels, fence post sections, and other shapes. The company bends, welds, cuts, and fabricates steel, primarily rebar, and produce steel fence posts. In addition, CMC sells and rents construction-related products and equipment to concrete installers and other businesses in the construction industry.

TypePublic
Founded1915
HQIrving, TX, US
Websitecmc.com
Employee Ratings3.5
Overall CultureC

Latest Updates

Employees (est.) (Aug 2020)11,297(-1%)
Job Openings254
Revenue (FY, 2020)$5.5 B(-6%)
Share Price (Sept 2021)$31.3(-1%)
Cybersecurity ratingAMore

Key People/Management at Commercial Metals

Barbara Smith

Barbara Smith

Chairman of the Board, President and Chief Executive Officer
Tracy L. Porter

Tracy L. Porter

Executive Vice President and Chief Operating Officer
Paul Lawrence

Paul Lawrence

Vice President and Chief Financial Officer
Jennifer Durbin

Jennifer Durbin

Vice President, Human Resources
Jody Absher

Jody Absher

Vice President, General Counsel and Corporate Secretary
Peter R. Matt

Peter R. Matt

Director
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Commercial Metals Office Locations

Commercial Metals has offices in Irving, Albuquerque, Alexander City, Alexandria and in 123 other locations
Irving, TX, US (HQ)
6565 N MacArthur Blvd #800Irving
Albuquerque, NM, US
2300 1st St NW
Alexander City, AL, US
667 Emerson Rd
Alexandria, LA, US
4212 N Bolton Ave
Anderson, SC, US
428 N Gossett St
Apopka, FL, US
3000 Gamson Rd
Show all (163)

Commercial Metals Financials and Metrics

Commercial Metals Revenue

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Commercial Metals's revenue was reported to be $5.48 b in FY, 2020 which is a 6% decrease from the previous period.
USD

Revenue (Q2, 2021)

1.5b

Gross profit (Q2, 2021)

233.9m

Gross profit margin (Q2, 2021), %

16%

Net income (Q2, 2021)

66.4m

Market capitalization (8-Sept-2021)

3.8b

Closing stock price (8-Sept-2021)

31.3

Cash (28-Feb-2021)

367.3m

EV

4.4b
Commercial Metals's current market capitalization is $3.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

4.6b5.8b5.5b

Revenue growth, %

2%26%(6%)

Cost of goods sold

4.0b5.0b4.5b

Gross profit

622.2m803.5m944.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.3b1.4b1.6b1.4b1.3b1.3b1.4b1.5b

Cost of goods sold

1.1b1.3b1.4b1.1b1.1b1.1b1.2b1.2b

Gross profit

158.9m150.3m241.6m238.2m217.9m225.3m217.0m233.9m

Gross profit Margin, %

12%11%15%17%16%17%16%16%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

622.5m192.5m542.1m

Accounts Receivable

749.5m1.0b880.7m

Inventories

589.0m692.4m625.4m

Current Assets

2.1b2.1b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

52.4m66.7m120.3m224.8m232.4m462.1m465.2m367.3m

Accounts Receivable

1.0b976.7m1.0b961.5m961.7m880.6m869.1m895.6m

Inventories

828.6m866.4m807.6m649.7m714.8m644.9m653.5m776.6m

Current Assets

2.0b2.1b2.1b2.0b2.1b2.1b2.2b2.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

138.5m198.1m279.5m

Depreciation and Amortization

131.7m158.7m165.8m

Inventories

(43.2m)89.7m78.9m

Accounts Payable

(20.2m)(15.3m)45.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

19.7m33.6m112.0m83.3m147.1m211.9m64.1m130.5m

Depreciation and Amortization

35.2m76.4m117.6m40.9m82.3m124.1m41.8m83.4m

Cash From Operating Activities

(357.6m)(352.9m)(218.5m)146.4m253.4m531.8m(12.1m)1.2m

Purchases of PP&E

(37.9m)(67.5m)(91.8m)(45.6m)(96.6m)(134.1m)(37.2m)(67.3m)
USDFY, 2018

EV/CFO

19.3 x

Revenue/Employee

521.8k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x

P/E Ratio

18.5
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Commercial Metals Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Backlog (International Fabrication)

$53.5 m

Backlog (Steel Fabrication)

$679.3 m$1.1 b

Shipments (Americas Mills Merchant and Other), short tons

1.21 m

Shipments (Total Americas Fabrication), short tons

1.11 m319 k396 k469 k1.63 m413 k366 k427 k1.64 m371 k343 k
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Commercial Metals Acquisitions / Subsidiaries

Company NameDateDeal Size
Continental Concrete StructuresDecember 12, 2016
Newell Recycling of San Antonio - AssetsMay 29, 2014
GAM Steel Pty LtdJune 03, 2011$48.4 m
Reinforcing Post-Tensioning ServicesAugust 29, 2008
ABC Coating CompanyJuly 01, 2008
Nike S.A.June 05, 2008
Rebar Services and Supply Company - AssetsApril 29, 2008
CMC SisakSeptember 19, 2007
Economy SteelSeptember 19, 2007
Mayfield Salvage - AssetsAugust 24, 2007
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Commercial Metals Revenue Breakdown

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Commercial Metals revenue breakdown by geographic segment: 10.0% from Poland, 83.3% from United States and 6.6% from Other

Human Capital Metrics

Source: craft.co
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Commercial Metals Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Commercial Metals Online and Social Media Presence

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Commercial Metals Company Culture

  • Overall Culture

    C

    65/100

  • CEO Rating

    C+

    68/100

  • Compensation

    B

    70/100

  • Diversity

    F

    48/100

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Commercial Metals News and Updates

Commercial Metals Company Announces Appointment Of Gary E. McCullough To Board Of Directors

IRVING, Texas, Sept. 8, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has named Gary E. McCullough to the Board of Directors, effective October 12, 2021. Mr. McCullough's impressive business career has spanned more than 30 years. He currently sits on...

Commercial Metals Company Publishes 2020 Sustainability Report, Including New Goals For 2030

IRVING, Texas, June 24, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today published its sustainability report for 2019 and 2020, showcasing the company's industry-leading environmental performance. The report, which can be found on CMC's website...

Commercial Metals stock set to rally after profit, sales rise above expectations

Shares of Commercial Metals Co. were indicated up nearly 3% in premarket trading Thursday, after the steel and metal products company reported fiscal third-quarter profit and sales that rose above expectations, citing 'robust' demand given "strong" construction activity. Net income for the quarter …

Commercial Metals Company Reports Record Third Quarter Fiscal 2021 Results

IRVING, Texas, June 17, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal third quarter ended May 31, 2021. Earnings from continuing operations were $130.4 million, or $1.07 per diluted share, on net sales of $1.8 billion, compared...

Commercial Metals Company Receives Air Quality Permit For Third Micro Mill

IRVING, Texas, May 12, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that the Maricopa County Air Quality Department on April 23 granted it an operating air permit, enabling the Company to begin construction of its third technologically advanced micro mill,...

Commercial Metals Company Reports Second Quarter Fiscal 2021 Results

IRVING, Texas, March 18, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal second quarter ended February 28, 2021. Earnings from continuing operations were $66.2 million, or $0.54 per diluted share, on net sales of $1.5 billion,...
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Commercial Metals Frequently Asked Questions

  • When was Commercial Metals founded?

    Commercial Metals was founded in 1915.

  • Who are Commercial Metals key executives?

    Commercial Metals's key executives are Barbara Smith, Tracy L. Porter and Paul Lawrence.

  • How many employees does Commercial Metals have?

    Commercial Metals has 11,297 employees.

  • What is Commercial Metals revenue?

    Latest Commercial Metals annual revenue is $5.5 b.

  • What is Commercial Metals revenue per employee?

    Latest Commercial Metals revenue per employee is $484.8 k.

  • Who are Commercial Metals competitors?

    Competitors of Commercial Metals include Ryerson, Kawada Technologies and Dutacipta Pakarperkasa.

  • Where is Commercial Metals headquarters?

    Commercial Metals headquarters is located at 6565 N MacArthur Blvd #800Irving, Irving.

  • Where are Commercial Metals offices?

    Commercial Metals has offices in Irving, Albuquerque, Alexander City, Alexandria and in 123 other locations.

  • How many offices does Commercial Metals have?

    Commercial Metals has 163 offices.