Commercial Metals Company (CMC)
Industrials · NYQ
Price as at 1 Oct 2026, 02:40 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Commercial Metals Company trades at $62.10, which is 126% below the $140.07 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 43 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 12.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
CMC dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.580 | 3 |
| 2025 | $0.720 | 4 |
| 2024 | $0.700 | 4 |
| 2023 | $0.640 | 4 |
| 2022 | $0.580 | 4 |
| 2021 | $0.500 | 4 |
| 2020 | $0.480 | 4 |
| 2019 | $0.480 | 4 |
| 2018 | $0.480 | 4 |
| 2017 | $0.480 | 4 |
| 2016 | $0.480 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
CMC earnings and analyst estimates
Recommendation mix, 12 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Commercial Metals Company
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, wire rod, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it sells wire meshes, welded steel mesh, wire rod, cold rolled rebar, cold rolled wire rod, assembled rebar cages and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
CMC passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$66.42M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$34.51M · 0.0% of book
- First Eagle, First Eagle Investment Management, LLC$21.99M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$12.42M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$11.48M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
CMC peers
The largest companies in the same industry (Metal Fabrication), then in the same sector.
- ATI ATI Inc.
- MLI Mueller Industries, Inc.
- ESAB ESAB Corporation
- GPGI GPGI, Inc.
- RYZ Ryerson Holding Corporation
- IIIN Insteel Industries Inc.
- MEC Mayville Engineering Company, Inc.
- LQMT Liquidmetal Technologies, Inc.
Every industrials company we cover is on the Industrials hub.
Common questions
Is Commercial Metals Company (CMC) undervalued?
Against our fair value estimate of $140.07, CMC at $62.10 is 126% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own CMC?
11 of the institutions we track reported a position in CMC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is CMC's P/E ratio?
CMC trades at 12.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Commercial Metals Company (CMC) pay a dividend?
Yes. Commercial Metals Company yields 1.28% at the current share price. It has paid $0.760 per share over the trailing twelve months. It has paid a dividend in each of the last 40 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its CMC data?
Fundamentals for CMC come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:40 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for CMC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.