COMMERCIAL METALS Co reported financial results for second quarter of fiscal year 2026.
“On March 26, 2026, CMC issued a press release announcing its financial results for the second quarter of fiscal year 2026. A copy of the press release is attached hereto as Exhibit 99.1.”
Material Agreements
COMMERCIAL METALS Co amended Third Amendment and Commitment Increase to the Credit Agreement with Bank of America, N.A., as Administrative Agent, and the lenders party thereto valued at $600.0 million to $1.0 billion (effective 2025-12-17).
“On December 17, 2025, the Company entered into the Third Amendment and Commitment Increase to the Credit Agreement (the “ Third Amendment ”), by and among the Company, the guarantors party thereto, the lenders party thereto and the Administrative Agent. The Third Amendment (i) increases the borrowing capacity under the Revolving Credit Facility from $600.0 million to $1.0 billion, (ii) extends the maturity date of the Revolving Credit Facility from October 26, 2029 to December 17, 2030 and (iii) allows the Company to request, from time to time and subject to certain conditions, an increase in the Revolving Credit Facility and/or the establishment of one or more new term loan commitments in an amount (for all such requests in the aggregate) not exceeding $250.0 million.”
Debt Financings
COMMERCIAL METALS Co amended revolving credit of from $600.0 million to $1.0 billion with Bank of America, N.A., as Administrative Agent maturing from October 26, 2029 to December 17, 2030.
“The Third Amendment (i) increases the borrowing capacity under the Revolving Credit Facility from $600.0 million to $1.0 billion, (ii) extends the maturity date of the Revolving Credit Facility from October 26, 2029 to December 17, 2030”
M&A Transactions
COMMERCIAL METALS Co completed an acquisition involving equityholders of the Foley Companies (Holdco and Oaktree Blocker) for $1.84 billion (closed 2025-12-15).
“Purchase Agreement, the Company purchased all of the issued and outstanding equity securities of Holdco and Oaktree Blocker (the “ Acquisition ”) for a cash purchase price of $1.84 billion. The purchase price is subject to further customary purchase price adjustment as described in the Purchase Agreement. The purchase price was funded with the proceeds from the”
M&A Transactions
COMMERCIAL METALS Co completed an acquisition involving Concrete Pipe & Precast, LLC (CP&P), Eagle Corporation and ECPP, LLC for $675 million cash purchase price, subject to customary adjustments (closed 2025-12-01).
“and conditions of the Purchase Agreement, the Company acquired all of the issued and outstanding equity securities of CP&P (the “ Acquisition ”) for a cash purchase price of $675 million. The purchase price is subject to a further customary purchase price adjustment as described in the Purchase Agreement. The material terms of the Purchase Agreement and a”
Material Agreements
COMMERCIAL METALS Co entered into 6.00% Senior Notes due 2035 Indenture Supplement with U.S. Bank Trust Company, National Association valued at $1,000 million aggregate principal amount of 6.00% Senior Notes due 2035 (effective 2025-11-26).
“On November 26, 2025, Commercial Metals Company (the “ Company ”) completed the private placement of $1,000 million in aggregate principal amount of its 5.75% Senior Notes due 2033 (the “ 2033 Notes ”) and $1,000 million in aggregate principal amount of its 6.00% Senior Notes due 2035 (the “ 2035 Notes ,” and together with the 2033 Notes, the “ Notes ”).”
Material Agreements
COMMERCIAL METALS Co entered into 5.75% Senior Notes due 2033 Indenture Supplement with U.S. Bank Trust Company, National Association valued at $1,000 million aggregate principal amount of 5.75% Senior Notes due 2033 (effective 2025-11-26).
“On November 26, 2025, Commercial Metals Company (the “ Company ”) completed the private placement of $1,000 million in aggregate principal amount of its 5.75% Senior Notes due 2033 (the “ 2033 Notes ”) and $1,000 million in aggregate principal amount of its 6.00% Senior Notes due 2035 (the “ 2035 Notes ,” and together with the 2033 Notes, the “ Notes ”).”
Debt Financings
COMMERCIAL METALS Co incurred senior notes of $1,000 million with BofA Securities, Inc. and Citigroup Global Markets Inc. at 6.00% maturing December 15, 2035.
“On November 26, 2025, Commercial Metals Company (the “ Company ”) completed the private placement of $1,000 million in aggregate principal amount of its 5.75% Senior Notes due 2033 (the “ 2033 Notes ”) and $1,000 million in aggregate principal amount of its 6.00% Senior Notes due 2035 (the “ 2035 Notes ,” and together with the 2033 Notes, the “ Notes ”).”
Debt Financings
COMMERCIAL METALS Co incurred senior notes of $1,000 million with BofA Securities, Inc. and Citigroup Global Markets Inc. at 5.75% maturing November 15, 2033.
“On November 26, 2025, Commercial Metals Company (the “ Company ”) completed the private placement of $1,000 million in aggregate principal amount of its 5.75% Senior Notes due 2033 (the “ 2033 Notes ”) and $1,000 million in aggregate principal amount of its 6.00% Senior Notes due 2035 (the “ 2035 Notes ,” and together with the 2033 Notes, the “ Notes ”).”
Debt Financings
COMMERCIAL METALS Co incurred loan of $150.0 million with West Virginia Economic Development Authority at semiannual interest payments on the outstanding principal of the Bonds on April maturing April 15, 2055.
“On May 15, 2025, Commercial Metal Company (the “ Company ”) entered into a Loan Agreement dated as of May 1, 2025 (the “ Loan Agreement ”) with the West Virginia Economic Development Authority (the “ Issuer ”) whereby the Issuer loaned $150.0 million in proceeds from the sale of Solid Waste Disposal Facilities Revenue Bonds (Commercial Metals Company Project), Series 2025 in the aggregate principal amount of $150.0 million (the “ Bonds ”) to the Company to finance a portion of the costs of the construction of solid waste disposal facilities located in Berkeley County, West Virginia.”
Tandra Perkins was appointed as Class II director at COMMERCIAL METALS Co.
“the Board appointed Tandra Perkins to serve as a Class II director of the Company, effective September 1, 2024”
Vicki L. Avril-Groves retired as Director at COMMERCIAL METALS Co.
“Vicki L. Avril-Groves will retire from the Board, effective August 31, 2024”
Sarah E. Raiss resigned as Lead Director at COMMERCIAL METALS Co.
“Sarah E. Raiss will resign from her position as Lead Director of the Board, effective August 31, 2024, but will continue to serve on the Board”
Robert S. Wetherbee was appointed as Chairman of the Board at COMMERCIAL METALS Co.
“the Board has appointed Robert S. Wetherbee, who has served as an independent director on the Board since March 2023, to serve as Chairman of the Board, effective September 1, 2024”
Barbara R. Smith retired as Executive Chairman at COMMERCIAL METALS Co.
“Barbara R. Smith, the Executive Chairman of the Company’s Board of Directors (the “ Board ”), will retire from such position and from the Board, effective August 31, 2024”
Earnings Releases
COMMERCIAL METALS Co reported second quarter ended February 29, 2024 results: net income $85.8 million, EPS $0.73 per diluted share.
“Net earnings were $85.8 million, or $0.73 per diluted share, on net sales of $1.8 billion, compared to prior year period net earnings of $179.8 million, or $1.51 per diluted share, on net sales of $2.0 billion.”
Earnings Releases
COMMERCIAL METALS Co reported second quarter of fiscal year 2024 results: revenue $1.8 billion, net income $85.8 million, EPS $0.73 per diluted share.
“(NYSE: CMC) today announced financial results for its fiscal second quarter ended February 29, 2024. Net earnings were $85.8 million, or $0.73 per diluted share, on net sales of $1.8 billion, compared to prior year period net earnings of $179.8 million, or $1.51 per diluted share, on net sales of $2.0 billion. During the second quarter of fiscal 2024, the Company”
Dennis V. Arriola was appointed as Class II Director at COMMERCIAL METALS Co.
“On February 20, 2024, the board of directors (the “Board”) of Commercial Metals Company (the “Company”) (i) increased the size of the Board from nine directors to ten directors and (ii) appointed Dennis V. Arriola to serve as a Class II director of the Company effective as of March 19, 2024.”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Approval, on an advisory basis, of the frequency of future advisory votes on executive compensation at the 2024-01-10 meeting.
“Approval, on an Advisory Basis, of the Frequency of Future Advisory Votes on Executive Compensation: 1 Year 2 Years 3 Years Votes Abstained Broker Non-Votes 87,312,198.41 250,656.00 8,342,685.00 257,919.00 7,679,615.15”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Approval, on an advisory basis, of the compensation of the Company’s named executive officers at the 2024-01-10 meeting.
“Approval, on an Advisory Basis, of Executive Compensation”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024 at the 2024-01-10 meeting.
“Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Election of three persons to serve as Class II directors until the 2027 annual meeting at the 2024-01-10 meeting.
“All nominees were elected to serve three-year terms expiring at the 2027 annual meeting of stockholders.”
Earnings Releases
COMMERCIAL METALS Co reported first quarter of fiscal 2024 results: revenue $2.0 billion, net income $176.3 million, EPS $1.49 per diluted share.
“Net earnings were $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion”
Jennifer Durbin changed role as Senior Vice President, Chief Human Resources and Communications Officer at COMMERCIAL METALS Co.
“approved new titles for the following officers of the Company: Ty Garrison, Senior Vice President, Operational and Commercial Excellence; Jody Absher, Senior Vice President, Chief Legal Officer and Corporate Secretary; and Jennifer Durbin, Senior Vice President, Chief Human Resources and Communications Officer”
Jody Absher changed role as Senior Vice President, Chief Legal Officer and Corporate Secretary at COMMERCIAL METALS Co.
“approved new titles for the following officers of the Company: Ty Garrison, Senior Vice President, Operational and Commercial Excellence; Jody Absher, Senior Vice President, Chief Legal Officer and Corporate Secretary; and Jennifer Durbin, Senior Vice President, Chief Human Resources and Communications Officer”
Ty Garrison changed role as Senior Vice President, Operational and Commercial Excellence at COMMERCIAL METALS Co.
“approved new titles for the following officers of the Company: Ty Garrison, Senior Vice President, Operational and Commercial Excellence; Jody Absher, Senior Vice President, Chief Legal Officer and Corporate Secretary; and Jennifer Durbin, Senior Vice President, Chief Human Resources and Communications Officer”
Earnings Releases
COMMERCIAL METALS Co reported financial results for the fourth quarter and the fiscal year ended August 31, 2023.
“On October 12, 2023, Commercial Metals Company (the “Company”) issued a press release announcing its financial results for the fourth quarter and the fiscal year ended August 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1.”
Peter R. Matt was appointed as Chief Executive Officer and President at COMMERCIAL METALS Co.
“Peter R. Matt, the Company’s President, will assume the role of Chief Executive Officer and President of the Company, effective September 1, 2023.”
Barbara R. Smith was appointed as Executive Chairman at COMMERCIAL METALS Co.
“Barbara R. Smith, the Company’s Chairman and Chief Executive Officer, has elected to retire as Chief Executive Officer, effective September 1, 2023; Ms. Smith will continue her service on the Company’s Board of Directors (the “ Board ”) as Executive Chairman effective September 1, 2023.”
Earnings Releases
COMMERCIAL METALS Co reported third quarter of fiscal year 2023 results: revenue $2.3 billion, net income $234.0 million, EPS $1.98 per diluted share.
“Net earnings were $234.0 million, or $1.98 per diluted share, on net sales of $2.3 billion”
Earnings Releases
COMMERCIAL METALS Co reported second quarter of fiscal year 2023 results: revenue $2.0 billion, net income $179.8 million, EPS $1.51 per diluted share.
“Net earnings were $179.8 million, or $1.51 per diluted share, on net sales of $2.0 billion, compared to prior year period net earnings of $383.3 million, or $3.12 per diluted share, on net sales of $2.0 billion.”
Peter R. Matt was appointed as President at COMMERCIAL METALS Co.
“the Company’s board of directors (the “ Board ”) appointed Peter R. Matt as President of the Company, effective April 1, 2023”
Robert S. Wetherbee was appointed as Class I director at COMMERCIAL METALS Co.
“(ii) appointed Robert S. Wetherbee to serve as a Class I director of the Company effective as of March 21, 2023.”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Approval, on an advisory basis, of the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement for the Annual Meeting at the 2023-01-11 meeting.
“Approval, on an Advisory Basis, of Executive Compensation: Votes For Votes Against Votes Abstained Broker Non-Votes 96,586,806.34 1,582,491.00 285,030.00 8,579,790.00”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2023 at the 2023-01-11 meeting.
“Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm: Votes For Votes Against Votes Abstained Broker Non-Votes 105,086,042.34 1,727,843.00 220,232.00 —”
Shareholder Votes
COMMERCIAL METALS Co shareholders approved Election of two persons to serve as Class I directors until the 2026 annual meeting of stockholders at the 2023-01-11 meeting.
“Election of Directors: Director’s Name Votes For Votes Against Votes Abstained Broker Non-Votes Peter R. Matt 97,589,780.34 648,987.00 215,560.00 8,579,790.00 Sarah E. Raiss 95,250,557.34 3,077,433.00 126,337.00 8,579,790.00 Both nominees were elected to serve three-year terms expiring at the 2026 annual meeting of stockholders.”
Earnings Releases
COMMERCIAL METALS Co reported financial results for first quarter of fiscal year 2023.
“On January 9, 2023, Commercial Metals Company (the “Company”) issued a press release announcing its financial results for the first quarter of fiscal year 2023.”
Tracy L. Porter departed as Executive Vice President at COMMERCIAL METALS Co.
“On October 17, 2022, Commercial Metals Company (the “ Company ”) announced that Tracy L. Porter, the Company’s Executive Vice President, will retire from the Company effective December 31, 2022.”
John R. McPherson was appointed as Class II director at COMMERCIAL METALS Co.
“This Amendment No. 1 to the Initial 8-K is being filed to disclose that on February 13, 2022, the Board (i) revised the effective date of the previously reported increase in the size of the Board and Mr. McPherson’s appointment to the Board to March 14, 2022 and (ii) appointed Mr. McPherson to its Audit Committee and its Finance Committee, in each case effective on March 14, 2022.”
John R. McPherson was appointed as Class II director at COMMERCIAL METALS Co.
“appointed John R. McPherson to serve as a Class II director of the Company effective as of March 15, 2022.”
Joseph C. Winkler resigned as Director at COMMERCIAL METALS Co.
“On November 19, 2021, Joseph C. Winkler, who has served as a director of Commercial Metals Company (the “Company”) since 2012, informed the Company that he will resign from the board of directors of the Company (the “Board”) and all committees thereof effective as of the Company’s 2022 Annual Meeting of Stockholders to be held on January 12, 2022.”
Tracy L. Porter changed role as Executive Vice President at COMMERCIAL METALS Co.
“Tracy L. Porter assumed the role of Executive Vice President and no longer serves as the Company’s Chief Operating Officer.”
Tracy L. Porter changed role as Executive Vice President at COMMERCIAL METALS Co.
“Tracy L. Porter will continue his employment with the Company as Executive Vice President and no longer serve as the Company’s Chief Operating Officer.”
Ty Garrison was appointed as Senior Vice President Operations at COMMERCIAL METALS Co.
“On November 4, 2021, Commercial Metals Company (the “Company”) announced that effective November 4, 2021, (i) Ty Garrison will assume the role of Senior Vice President Operations”
Gary E. McCullough was appointed as director at COMMERCIAL METALS Co.
“appointed Gary E. McCullough to serve as a Class III director of the Company effective as of October 12, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.