CMC Reports Fourth Quarter and Full Year Fiscal 2026 Results
CMC reported Q4 fiscal 2026 net sales of $2.66 billion, up 25.7% year-over-year, with net earnings of $212.5 million ($1.91 diluted EPS) and adjusted EPS of $2.09, up 52.6% YoY. Q4 core EBITDA rose 35.1% YoY to $393.7 million with margin expanding 100bps to 14.8%, driven by North America Steel Group strength, metal margin expansion to $652/ton, and the precast acquisitions; full-year core EBITDA reached $1.4 billion. Balance sheet strength improved with net leverage (adjusted for acquisitions) at 1.9x, below the 2x target, and over $2.0 billion of liquidity; the company repurchased $26.7 million of stock and declared its 248th consecutive quarterly dividend of $0.20/share.
Key figures
- Eps
- 1.91
- Revenue
- 2658334000
- Guidance
- Q1 FY27: North America Steel adjusted EBITDA nearly flat vs Q4; Construction Solutions down sequentially on seasonality; Europe Steel meaningful sequential growth with CO2 credit
- Revenue Yoy
- 25.7%
- Buyback value
- 26700000
- Q4 core ebitda
- 393658000
- Q4 adjusted eps
- 2.09
- Fy2026 net sales
- 9393904000
- Fy2026 core ebitda
- 1361645000
- Q4 core ebitda yoy
- 35.1%
- Quarterly dividend
- 0.2
- Shares repurchased
- 383333
- Available liquidity
- $2.0 billion
- Fy2026 net earnings
- 655849000
- Q4 adjusted eps yoy
- 52.6%
- Metal margin per ton
- 652
- Fy core ebitda margin
- 14.5%
- Net leverage adjusted
- 1.9
- Q4 core ebitda margin
- 14.8%
- Cash and restricted cash
- 778850000
- Na steel adjusted ebitda
- 317473000
- Buyback authorization remaining
- 702100000
- Consecutive quarterly dividends
- 248
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