CMC Commercial Metals margins

Relative Growth: Rel. Growth: 92

Relative Strength: Rel. Strength: 43

Relative Valuation: Rel. Valuation: 97

Relative Profitability: Rel. Profitability: 67

Gross margin

18.6%

Operating margin

9.1%

EBITDA margin

13.3%

Net margin

Recent Commercial Metals shows a gross margin of 18.6%, an operating margin of 9.1%, an EBITDA margin of 13.3%, and a net margin of 7%. The company's available margins all increased, with EBITDA margin recording the strongest expansion of 7.7 percentage points.

CMC margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Commercial Metals's margins averaged 17.3% gross, 6.93% operating, 10.49% EBITDA, and 4.97% net. Compared with their three-year averages, all four current margins are higher.

CMC margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with EBITDA margin showing the largest gain at 7.7 percentage points.

Gross margin expansion

3pp

Operating margin expansion

7.1pp

EBITDA margin expansion

7.7pp

Net margin expansion

5.9pp

CMC Gross margin

Over the last 3 years, Commercial Metals's gross margin averaged 17.3%. The current gross margin of 18.6% is 1.3 percentage points above its three-year average. During this period, gross margin reached a high of 19.9% in Nov 2023 and a low of 15% in May 2025.

CMC Operating margin

The average operating margin for Commercial Metals was 6.93% across the past 3 years. At present, Commercial Metals's current operating margin is 9.1%, which is 2.2 percentage points above its three-year average. The operating margin for Commercial Metals moved between 1.2% in May 2025 and 12.2% in Nov 2023.

CMC EBITDA margin

The average EBITDA margin for Commercial Metals was 10.49% during the last 3 years. At present, the current EBITDA margin for Commercial Metals is 13.3%, 2.8 percentage points above its three-year average. The EBITDA margin for Commercial Metals moved between 4.9% in May 2025 and 15% in Nov 2023.

CMC Net margin

Throughout the last 3 years, Commercial Metals had an average net margin of 4.97%. Commercial Metals's current net margin is 7% and is 2 percentage points above its three-year average. Looking back over the last 3 years, Commercial Metals's net margin reached 9% at its highest point in Nov 2023 and 0.5% at its lowest in May 2025.

CMC margin group comparison

Margins compared with peer-group, industry and sector averages

Commercial Metals's gross margin of 18.6% is above the industry average but below the Basic Materials sector and its peers average. In comparison with its Basic Materials sector average of 32%, Commercial Metals's gross margin is 42% lower.

CMC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Commercial Metals's gross margin?

As of Aug 31, 2026, CMC has a gross margin of 18.6%.

What is Commercial Metals's operating margin?

The current operating margin for CMC is 9.1% as of Aug 31, 2026.

What is Commercial Metals's EBITDA margin?

For the period ending Aug 31, 2026, CMC recorded an EBITDA margin of 13.3%.

What is Commercial Metals's net margin?

The current net margin for CMC is 7% as of Aug 31, 2026.

What are the average margins of CMC?

Commercial Metals's average margins over the last 3 years were 17.3% gross, 6.9% operating, 10.5% EBITDA, and 5.0% net.

What are the highest historical margins of CMC?

Over this 5-year history, CMC peaked at 21.5% gross in Feb 2023, 18.1% operating in Nov 2022, 20% EBITDA in Nov 2022, and 13.7% net in Aug 2022.

What are the lowest historical margins of CMC?

Over this 5-year history, Commercial Metals's margins fell as low as 15% gross in May 2025, 1.2% operating in May 2025, 4.9% EBITDA in May 2025, and 0.5% net in May 2025.