earnings
confidence high
sentiment positive
materiality 0.85
CMC reports Q3 FY2026 EPS $1.55 ($1.73 adjusted); core EBITDA up 78.6% YoY
COMMERCIAL METALS Co
- Net sales $2.48B, +22.9% YoY; net earnings $173M ($1.55/diluted) vs $83.1M prior year.
- Core EBITDA $353.6M, +78.6% YoY; margin expanded 440bps to 14.2%.
- North America Steel Group adj. EBITDA +41% YoY; CSG adj. EBITDA +138% YoY, boosted by precast acquisitions.
- Precast acquisitions contributed $52.9M to segment adjusted EBITDA in the quarter.
- Reducing net leverage; clear visibility to <2x, well ahead of mid-2027 goal.