Filing Flows › Commercial Metals (CMC) › Operating margin
Commercial Metals (CMC) operating margin by quarter
Commercial Metals' operating margin was 8.6% in Q4 FY26 (fourth quarter fiscal 2026), +1.0 pts from Q3 FY26. Over the last 7 quarters it ranged from 2.1% (Q2 FY25) to 9.1% (Q4 FY25).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | 8.6% | +1.0 pts | -0.5 pts |
| Q3 FY26 | 7.6% | +2.5 pts | +2.2 pts |
| Q2 FY26 | 5.1% | -3.5 pts | +3.1 pts |
| Q1 FY26 | 8.6% | -0.5 pts | — |
| Q4 FY25 | 9.1% | +3.7 pts | — |
| Q3 FY25 | 5.4% | +3.4 pts | — |
| Q2 FY25 | 2.1% | — | — |
Q4 FY26 at a glance
Commercial Metals, Q4 FY26: revenue $2.7B (+26% year over year), operating margin 8.6%, net earnings $213M, operating cash flow $456M. The chart follows the revenue to costs, profit and cash.
Questions
What is Commercial Metals' operating margin?
Commercial Metals' operating margin was 8.6% in Q4 FY26 (fourth quarter fiscal 2026), +1.0 pts from Q3 FY26.
How has Commercial Metals' operating margin changed?
Over the last 7 quarters it ranged from 2.1% (Q2 FY25) to 9.1% (Q4 FY25).