Commercial Metals (CMC)
NYSEMaterialsSteelSnapshot 2026-11-04
$66.46+0.12%
Close 2026-11-04 · 1-day change
NYSEMaterialsSteelSnapshot 2026-11-04
QuarterlyIQ Insights · CMC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within materials on a research-validated quality screen. As of 2026-11-04.
The screen ranks CMC against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Materials names rated strong grew net income 63% of the time over the next year (vs 47% for the rest of the cohort, n=1960).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.
Stated in 3 of 4 supplied quarters. Management reported: “Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.” “1 Business Segments - Fiscal Third Quarter 2026 Review North America Steel Group Third quarter North America Steel Group adjusted EBITDA was $253.5 million, an increase of 41% year-over-year driven by higher margins over scrap costs and benefits from CMC’s TAG program.”
“Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
“1 Business Segments - Fiscal Third Quarter 2026 Review North America Steel Group Third quarter North America Steel Group adjusted EBITDA was $253.5 million, an increase of 41% year-over-year driven b…”
“(CMC Second Quarter Fiscal 2026 - 3) Business Segments - Fiscal Second Quarter 2026 Review North America Steel Group product shipments remained stable during the quarter with average daily volumes of…”
Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.
Stated in 3 of 4 supplied quarters. Management reported: “Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.” “(CMC Second Quarter Fiscal 2026 - 3) Business Segments - Fiscal Second Quarter 2026 Review North America Steel Group product shipments remained stable during the quarter with average daily volumes of finished steel products virtually unchanged from the prior year period.”
“Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.
Stated in 3 of 4 supplied quarters. Management reported: “Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.” “1 Business Segments - Fiscal Third Quarter 2026 Review North America Steel Group Third quarter North America Steel Group adjusted EBITDA was $253.5 million, an increase of 41% year-over-year driven by higher margins over scrap costs and benefits from CMC’s TAG program.”
“Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.
Stated in 1 of 4 supplied quarters. Management reported: “Investors and other interested parties are invited to join the virtual event by registering in advance at CMC Investor Day 2026 .” “Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
“Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.
Stated in 1 of 4 supplied quarters. Management reported: “Investors and other interested parties are invited to join the virtual event by registering in advance at CMC Investor Day 2026 .” “Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
“Adjusted EBITDA margin of 23.6% was up 80 basis points relative to the prior year period.”
Over the trailing year it converted 3.00x of net income into operating cash flow. Historically, Materials names rated robust grew net income 56% of the time over the next year (vs 48% for the rest of the cohort, n=1429).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
30 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Materials names rated volatile grew net income 52% of the time over the next year (vs 53% for the rest of the cohort, n=1894).
Not investment advice. As of 2026-11-04.
“1 Business Segments - Fiscal Third Quarter 2026 Review North America Steel Group Third quarter North America Steel Group adjusted EBITDA was $253.5 million, an increase of 41% year-over-year driven b…”
“(CMC Second Quarter Fiscal 2026 - 3) Business Segments - Fiscal Second Quarter 2026 Review North America Steel Group product shipments remained stable during the quarter with average daily volumes of…”
“1 Business Segments - Fiscal Third Quarter 2026 Review North America Steel Group Third quarter North America Steel Group adjusted EBITDA was $253.5 million, an increase of 41% year-over-year driven b…”
“(CMC Second Quarter Fiscal 2026 - 3) Business Segments - Fiscal Second Quarter 2026 Review North America Steel Group product shipments remained stable during the quarter with average daily volumes of…”