earnings
confidence high
sentiment positive
materiality 0.72
CMC FY2026 net earnings $655.8M; core EBITDA $1.4B; Q4 EPS $1.91, adjusted $2.09
COMMERCIAL METALS Co
- Fiscal 2026 net earnings of $655.8 million; consolidated core EBITDA rose to $1.4 billion from $837.3 million in fiscal 2025.
- Core EBITDA margin increased 380 basis points to 14.5% for the full year; Q4 core EBITDA up 35.1% YoY to $393.7 million, margin up 100 bps to 14.8%.
- Fourth quarter net earnings of $212.5 million, or $1.91 per diluted share; adjusted earnings of $233.6 million, or $2.09 per diluted share.
- CEO Peter Matt credits North America Steel Group growth, acquired precast operations and TAG initiatives; residential softness weighed on precast results.
- Precast integration on track; net leverage adjusted for acquisitions below the 2x target; company set a roadmap to fiscal 2029 targets.