Full-Time
Posted on 11/15/2025
Recycling-based steel production and fabrication
No salary listed
Irving, TX, USA
In Person
Commercial Metals Company (CMC) manufactures steel and metal products in a vertically integrated model that spans recycling, steel production, and fabrication. It runs recycling plants to collect and process scrap metal, which serves as the main raw material for its mills. The steel mills produce products such as rebar, merchant bar, and wire rod, which are sold mainly to the construction industry for infrastructure, commercial, and residential projects. CMC also operates fabrication facilities that customize steel products by cutting, bending, and other processing to meet customer needs. The company mainly serves customers in the United States and Europe and maintains control over the entire supply chain—from scrap sourcing to finished products—giving it cost advantages and tighter quality control over the final materials.
Company Size
N/A
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1915
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Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Disability Insurance
Employee Stock Purchase Plan
CMC has appointed Michael Dumais to its board of directors, effective 23 June 2026. The appointment increases the board from nine to ten members, nine of whom are independent. Dumais brings over 30 years of leadership experience in industrial operations and corporate strategy. He most recently served as executive vice president and chief transformation officer at Raytheon Technologies Corporation, where he led enterprise-wide transformation initiatives. He previously held senior leadership roles at United Technologies Corporation, overseeing operations, supply chain, strategy and mergers and acquisitions. Dumais also serves on the board of Baker Hughes Company. He will serve on CMC's audit and finance committees. Dumais holds degrees in electrical engineering from Virginia Tech and the University of Pennsylvania, plus an MBA from Wharton School.
Commercial Metals Company received positive commentary from Jim Cramer during a discussion of market movements following an Iran ceasefire. However, Cramer recommended Nucor over Commercial Metals, stating he believes Nucor could reach $200 per share. Commercial Metals processes and recycles scrap metal whilst manufacturing finished steel products and armour plates. The company reported Q2 2026 earnings on 26 March, posting non-GAAP earnings per share of $1.16, missing estimates by $0.14. Revenue reached $2.13 billion, up nearly 22% year-over-year and beating estimates by $60 million. Management expects to generate between $165 million and $175 million in EBITDA for fiscal year 2026.
Commercial Metals (NYSE:CMC) has announced an 11% increase to its regular quarterly dividend to $0.20 per share, marking its 246th consecutive quarterly payout. The increase follows year-over-year growth in revenue and net income for its latest quarter. The company reported sales of $2.13 billion and net income of $93.03 million, compared with $1.75 billion in sales and $25.47 million in net income a year earlier. Recent acquisitions in precast concrete operations contributed to the earnings performance, with the Construction Solutions segment showing faster growth from the Foley and CP&P acquisitions. However, higher merger and acquisition-related expenses led to an earnings miss versus expectations and a reduction in one broker's fiscal 2026 earnings per share forecast.
Commercial Metals Company reported fiscal Q2 2026 revenue of $2.132 billion and net income of $93.03 million, more than tripling year-over-year. Adjusted earnings per share reached $1.16 per diluted share. The North America Steel Group drove results, with adjusted EBITDA surging 96.9% year-over-year to $269.67 million on a $147 per tonne improvement in steel product metal margin and a $160 per tonne increase in average selling price. The company's $2.5 billion acquisition of CP&P and Foley Products closed in December 2025. The pricing recovery reflects broader industry momentum, with tariff duties of 50% to 200% on rebar imports from Algeria, Bulgaria, Egypt and Vietnam supporting margins. Nucor posted 34.2% quarterly earnings growth year-over-year, whilst Steel Dynamics reported record 2025 steel shipments of 13.7 million tonnes.
Commercial Metals Co. reported fiscal second-quarter net income of $93 million, or 83 cents per share. Adjusted earnings came to $1.16 per share, missing Wall Street expectations of $1.28 per share based on analysts surveyed by Zacks Investment Research. The Irving, Texas-based steel manufacturer and recycler posted revenue of $2.13 billion for the period, exceeding analyst forecasts of $1.98 billion.