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How Commercial Metals (CMC) makes money
Commercial Metals (CMC) made $2.7B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +26% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $2.7B | 100.0% |
| Operating profit | $229M | 8.6% |
| Income tax | $17.0M | 0.6% |
| Net earnings | $213M | 8.0% |
| Operating cash flow | $456M | 17.2% |
| Free cash flow | $280M | 10.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $2.7B | +26% |
| Q3 FY26 | $2.5B | +23% |
| Q2 FY26 | $2.1B | +22% |
| Q1 FY26 | $2.1B | +11% |
| Q4 FY25 | $2.1B | +6% |
| Q3 FY25 | $2.0B | -3% |
| Q2 FY25 | $1.8B | -5% |
From Commercial Metals' 10-K filed Oct 16, 2026 (on EDGAR).
Questions
How does Commercial Metals make money?
Commercial Metals (CMC) made $2.7B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +26% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 8¢ was left as net earnings.
What is Commercial Metals' profit margin?
Net earnings were $213M, 8.0% of revenue, in the fourth quarter fiscal 2026; the operating margin was 8.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.