Get all premium features to the best stock analysis tool

CMC Reports Second Quarter of Fiscal 2026 Results

Second quarter net earnings of $93.0 million, or $0.83 per diluted share and adjusted earnings of $130.1 million, or $1.16 per diluted share Consolidated core EBITDA of $297.5 million in the second quarter grew by approximately 114% year-over-year due to solid execution including strong momentum in TAG, favorable market conditions, and the benefit of the newly acquired precast business Core EBITDA margin of 14.0% increased by 610 basis points compared to the prior year period Adjusted EBITDA margins for the North America Steel Group and the Construction Solutions Group reached 16.8% and 17.0%, respectively; current booking and backlog levels support a strong 2026 construction season outlook Construction Solutions' recently acquired precast platform generated $33.6 million of adjusted EBITDA during the quarter, or $40.3 million excluding a purchase accounting charge of $6.7 million Precast integrations are progressing well, supporting continued confidence in expected business performance and synergies Reduced net leverage during the quarter; remain confident in achieving our goal of 2x within the previously committed timeframe IRVING, Texas, March 26, 2026 /PRNewswire/ -- CMC (NYSE: CMC) today announced financial results for its fiscal second quarter ended February 28, 2026. Peter Matt, President and Chief Executive Officer, commented, "The CMC team delivered another strong quarter, driving a more than two-fold increase in core EBITDA compared to a year ago.

CMC Announces an 11% Increase in Quarterly Dividend

IRVING, Texas, March 25, 2026 /PRNewswire/ -- Today, March 25, 2026, the board of directors of CMC (NYSE: CMC) declared a regular quarterly cash dividend of $0.20 per share of CMC common stock, an increase of $0.02, or 11%, from the dividend paid in February 2026. CMC's 246th consecutive quarterly dividend will be paid on April 15, 2026, to stockholders of record as of the close of business on April 6, 2026.

CMC Named to Corporate Knights' 2026 Global 100 Most Sustainable Corporations

IRVING, Texas, Jan. 27, 2026 /PRNewswire/ -- CMC (NYSE: CMC) today announced it has been named one of Corporate Knights' 2026 Global 100 Most Sustainable Corporations, marking the company's first inclusion on the prestigious list. Published annually by Corporate Knights, the Global 100 recognizes the world's most sustainable publicly traded companies with revenues exceeding $1 billion.

CMC Reports First Quarter of Fiscal 2026 Results

First quarter net earnings of $177.3 million, or $1.58 per diluted share and adjusted earnings of $206.2 million, or $1.84 per diluted share Consolidated core EBITDA of $316.9 million in the first quarter grew by approximately 52% on a year-over-year basis and resulted in core EBITDA margin of 14.9% Capitalized on favorable market conditions across the North American footprint through solid operational execution and enhanced commercial discipline Successfully launched several new operational and commercial initiatives under the Transform, Advance, and Grow ("TAG") program; goal of exiting fiscal 2026 at an annualized run-rate EBITDA benefit of $150 million Closed acquisitions of CP&P and Foley in December, establishing an important new growth platform in the precast concrete industry by deploying over $2.5 billion of capital Renamed Emerging Businesses Group to Construction Solutions Group, which will include precast, to better reflect the business composition of the segment and align with the strategic priorities of the segment and CMC more broadly IRVING, Texas, Jan. 8, 2026 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2025. Peter Matt, President and Chief Executive Officer, commented, "The first quarter marked an exceptional start to 2026 for CMC as we built on the strategic groundwork laid during fiscal 2025 and continued to advance our goal of meaningfully and sustainably enhancing our financial profile and earnings power.