COMMERCIAL METALS Co (CMC) Form 8-K — Oct 15, 2026
CMC reported fiscal Q4 2026 net earnings of $212.5 million ($1.91 diluted EPS) with adjusted EPS of $2.09, up 52.6% year-over-year, on net sales of $2.66 billion, up 25.7%. Core EBITDA rose 35.1% to $393.7 million with margins up 100 bps to 14.8%, driven by North America Steel Group strength, the newly acquired precast operations, and TAG program benefits. Precast results fell below management expectations due to Southeast residential softness, and Europe Steel Group EBITDA fell 60% on the absence of a prior-year CO2 credit. Net leverage adjusted for acquisitions fell to 1.9x, below the sub-2.0x target, with $778.9 million in cash and over $2.0 billion in liquidity.
Key figures
- Eps
- 1.91
- Revenue
- 2658334000
- Guidance
- Q1 FY27: North America Steel Group adjusted EBITDA nearly flat sequentially; Construction Solutions Group down seasonally; Europe Steel Group meaningful sequential growth including a CO2 credit.
- Net Income
- 212520000
- Total Debt
- 3372233000
- Revenue Yoy
- 25.7% (Q4)
- Total Assets
- 10257897000
- Cash Position
- 778900000
- Shares Outstanding
- 110316995
- Q4 core ebitda
- $393.7 million (+35.1% YoY)
- Q4 adjusted eps
- $2.09 (+52.6% YoY)
- Fy2026 net sales
- $9,393,904 thousand
- Dividend per share
- $0.20 quarterly (248th consecutive)
- Fy2026 core ebitda
- $1.4 billion (up from $837.3 million)
- Buybacks in quarter
- $26.7 million (383,333 shares)
- Fy2026 net earnings
- $655.8 million
- Net leverage adjusted
- 1.9x
- Nasg metal margin per ton
- $652 (+$84 YoY)
- Buyback authority remaining
- $702.1 million
- Merchant bar volume growth yoy
- 27.5%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.