Commercial Metals

Commercial Metals

Metals manufacturing and recycling company

About Commercial Metals

Simplify's Rating
Why Commercial Metals is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

N/A

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1915

Overview

Commercial Metals operates in the metals industry, focusing on the production and recycling of steel and other metal products. The company emphasizes the importance of its workforce, believing that the skills and dedication of its employees are crucial to its success. CMC provides training and support to ensure that employees can perform their jobs safely and effectively. Unlike many competitors, CMC prioritizes employee development and safety, fostering a strong company culture. The main goal of Commercial Metals is to maintain its leadership position in the metals industry while ensuring the well-being and growth of its employees.

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Funded Recently
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Simplify's Take

What believers are saying

  • U.S. infrastructure bill boosts demand for CMC's steel products.
  • Reshoring trend increases demand for CMC's domestic steel production.
  • CMC's appointment of Kekin Ghelani as Chief Strategy Officer may drive strategic growth.

What critics are saying

  • Rising interest rates could increase borrowing costs for CMC.
  • Volatility in steel prices may affect CMC's profit margins.
  • Ongoing litigation expenses could impact CMC's financial performance.

What makes Commercial Metals unique

  • CMC is recognized on TIME's Best Mid-Size Companies 2024 list.
  • CMC is expanding with a new rebar facility in Akron, Ohio.
  • CMC has a strong North American construction demand driving steel shipments.

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Funding

Total Funding

$150M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

PR Newswire
May 6th, 2025
Commercial Metals Company Announces Pricing of Tax-Exempt Bond Financing with Proceeds of $150.0 Million

/PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today the pricing of $150.0 million in original aggregate principal amount of Solid...

PR Newswire
Mar 20th, 2025
Cmc Reports Second Quarter Fiscal 2025 Results

Second quarter net earnings of $25.5 million, or $0.22 per diluted share; adjusted earnings of $29.3 million, or $0.26 per diluted share. Consolidated core EBITDA of $131.0 million in the second quarter; core EBITDA margin of 7.5%. Solid North American construction demand drove a 3.3% increase in finished steel shipments compared to the prior year second quarter

PR Newswire
Feb 24th, 2025
Cmc Announces Second Quarter Fiscal 2025 Conference Call Webcast Details

IRVING, Texas, Feb. 24, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release for fiscal 2025, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, March 20, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer.The teleconference will also be available via webcast. To access the webcast (in listen-only mode), please visit CMC's Web site at www.cmc.com .About CMCCMC is an innovative solutions provider helping build a stronger, safer, and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, we offer products and technologies to meet the critical reinforcement needs of the global construction sector

PR Newswire
Jan 6th, 2025
Cmc Reports First Quarter Fiscal 2025 Results

First quarter net loss of ($175.7) million, or ($1.54) per diluted share including approximately $265.0 million litigation expense, net of estimated tax; adjusted earnings of $88.5 million, or $0.78 per diluted share. Consolidated core EBITDA of $210.7 million in the first quarter; core EBITDA margin of 11.0%. Late season construction activity drove year-over-year and sequential growth in North America finished steel shipment volumes; margins pressured by declines in average steel and downstream product pricing

PR Newswire
Dec 9th, 2024
Cmc Announces First Quarter Fiscal 2025 Conference Call Webcast Details

IRVING, Texas, Dec. 9, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its first quarter earnings release for fiscal 2025, invites you to listen to its conference call that will be broadcast live over the Internet on Monday, January 6, 2025, at 11:00 a.m.  Eastern Time (10:00 a.m. Central) with Peter Matt, President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer. The teleconference will also be available via webcast.  To access the webcast (in listen-only mode), please visit CMC's Web site at www.cmc.com. About CMC

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