COMMERCIAL METALS Co
CMC · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · 110.9M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $41M (gross $101M, SBC $61M)
Reference price $79.97 · est. market cap ~$8.9B — last insider sale, 2026-02-03 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D54Solid-balance-sheet steel producer at a cyclical trough with near-zero returns and a material litigation overhang.
Strengths
- Strong liquidity and cash: current ratio 2.8 (66th), cash $1.04B (87th), FCF $312M (79th)
- Low leverage (debt/equity 0.29) and disciplined capital allocation (dividends, buybacks, TAG program)
Risks
- Near-zero returns this year: ROE 2.0% (45th), ROA 1.2% (60th) — depressed metal margins
- $110M jury verdict trebled to ~$330M, described as potentially material to liquidity; $2.5B of pending acquisitions add integration/financing risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $1.0B cash & investments
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$149,380, last 6mo) Form 4 ↗
- Pending merger5B of pending acquisitions add integration/financing risk
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$2M, last 6mo) Form 4 ↗
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Return on equity
2.0%
Return on assets
1.2%
Revenue growth (QoQ)
11.9%
Net-income growth
-82.6%
Debt / equity
0.3×
Current ratio
2.8×
Free cash flow
$312M
Tangible book value
$3.6B
Cash & investments
$1.0B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-23 | Dumais Michael R | Grant | 1.2K | $71.14 |
| 2026-04-15 | WETHERBEE ROBERT S | Grant | 7 | $64.91 |
| 2026-04-15 | McPherson John R | Grant | 42 | $64.91 |
| 2026-04-15 | HICKTON DAWNE S | Grant | 4 | $64.91 |
| 2026-04-15 | ARRIOLA DENNIS V | Grant | 22 | $64.91 |
| 2026-04-15 | Perkins Tandra C | Grant | 19 | $64.91 |
| 2026-04-10 | MATT PETER R | Tax withheld | 4.7K | $65.57 |
| 2026-04-01 | McPherson John R | Grant | 576 | $62.87 |
| 2026-04-01 | MCCULLOUGH GARY E | Grant | 576 | $62.87 |
| 2026-02-03 | DURBIN JENNIFER J | Sell | 25K | $79.97 |
| 2026-02-02 | HICKTON DAWNE S | Grant | 3 | $80.38 |
| 2026-02-02 | Perkins Tandra C | Grant | 14 | $80.38 |
| 2026-02-02 | WETHERBEE ROBERT S | Grant | 5 | $80.38 |
| 2026-02-02 | McPherson John R | Grant | 31 | $80.38 |
| 2026-02-02 | ARRIOLA DENNIS V | Grant | 17 | $80.38 |
| 2026-01-23 | SLOAN LINDSAY L | Gift | 200 | — |
| 2026-01-20 | ARRIOLA DENNIS V | Buy | 2.0K | $74.69 |
| 2026-01-14 | Perkins Tandra C | Grant | 2.2K | $74.26 |
| 2026-01-14 | WETHERBEE ROBERT S | Grant | 2.2K | $74.26 |
| 2026-01-14 | Barton Lisa M | Grant | 2.2K | $74.26 |
| 2026-01-14 | McPherson John R | Grant | 2.2K | $74.26 |
| 2026-01-14 | SZEWS CHARLES L | Grant | 2.2K | $74.26 |
| 2026-01-14 | HICKTON DAWNE S | Grant | 1.1K | $74.26 |
| 2026-01-14 | HICKTON DAWNE S | Grant | 1.1K | $74.26 |
| 2026-01-14 | MCCULLOUGH GARY E | Grant | 2.2K | $74.26 |
| 2026-01-14 | ARRIOLA DENNIS V | Grant | 2.2K | $74.26 |
| 2026-01-02 | MCCULLOUGH GARY E | Grant | 504 | $71.79 |
| 2026-01-02 | McPherson John R | Grant | 487 | $71.79 |
| 2025-11-13 | Perkins Tandra C | Grant | 12 | $59.53 |
| 2025-11-13 | McPherson John R | Grant | 35 | $59.53 |
| 2025-11-13 | HICKTON DAWNE S | Grant | 1 | $59.53 |
| 2025-11-13 | ARRIOLA DENNIS V | Grant | 15 | $59.53 |
| 2025-11-13 | RAISS SARAH E. | Grant | 49 | $59.53 |
| 2025-10-31 | Halloran Brian N. | Sell | 6.2K | $59.87 |
| 2025-10-20 | McPherson John R | Buy | 1.7K | $58.09 |
| 2025-10-20 | McPherson John R | Buy | 10 | $58.68 |
| 2025-10-14 | Ghelani Kekin | Grant | 9.7K | — |
| 2025-10-14 | Halloran Brian N. | Tax withheld | 450 | $59.10 |
| 2025-10-14 | Halloran Brian N. | Grant | 4.6K | — |
| 2025-10-14 | Halloran Brian N. | Tax withheld | 1.5K | $59.10 |
| 2025-10-14 | Halloran Brian N. | Grant | 8.4K | — |
| 2025-10-14 | Ghelani Kekin | Tax withheld | 608 | $59.10 |
| 2025-10-14 | Ghelani Kekin | Tax withheld | 1.2K | $59.10 |
| 2025-10-14 | SLOAN LINDSAY L | Tax withheld | 245 | $59.10 |
| 2025-10-14 | SLOAN LINDSAY L | Grant | 2.1K | — |
| 2025-10-14 | SLOAN LINDSAY L | Tax withheld | 514 | $59.10 |
| 2025-10-14 | SLOAN LINDSAY L | Grant | 2.2K | — |
| 2025-10-14 | DURBIN JENNIFER J | Tax withheld | 1.2K | $59.10 |
| 2025-10-14 | DURBIN JENNIFER J | Grant | 8.6K | — |
| 2025-10-14 | DURBIN JENNIFER J | Tax withheld | 3.4K | $59.10 |
| 2025-10-14 | DURBIN JENNIFER J | Grant | 9.8K | — |
| 2025-10-14 | ABSHER JODY K | Tax withheld | 1.4K | $59.10 |
| 2025-10-14 | ABSHER JODY K | Grant | 8.6K | — |
| 2025-10-14 | ABSHER JODY K | Tax withheld | 3.4K | $59.10 |
| 2025-10-14 | ABSHER JODY K | Grant | 11K | — |
| 2025-10-14 | MATT PETER R | Tax withheld | 5.3K | $59.10 |
| 2025-10-14 | MATT PETER R | Grant | 33K | — |
| 2025-10-14 | MATT PETER R | Tax withheld | 13K | $59.10 |
| 2025-10-14 | MATT PETER R | Grant | 43K | — |
| 2025-10-14 | LAWRENCE PAUL JAMES | Tax withheld | 2.0K | $59.10 |
| 2025-10-14 | LAWRENCE PAUL JAMES | Grant | 14K | — |
| 2025-10-14 | LAWRENCE PAUL JAMES | Tax withheld | 5.7K | $59.10 |
| 2025-10-14 | LAWRENCE PAUL JAMES | Grant | 14K | — |
| 2025-10-14 | HICKTON DAWNE S | Grant | 538 | $60.43 |
| 2025-10-10 | LAWRENCE PAUL JAMES | Tax withheld | 2.1K | $59.00 |
| 2025-10-10 | SLOAN LINDSAY L | Tax withheld | 186 | $59.00 |
| 2025-10-10 | DURBIN JENNIFER J | Tax withheld | 1.2K | $59.00 |
| 2025-10-10 | ABSHER JODY K | Tax withheld | 1.2K | $59.00 |
| 2025-10-10 | Halloran Brian N. | Tax withheld | 541 | $59.00 |
| 2025-10-09 | MATT PETER R | Tax withheld | 4.9K | $59.31 |
| 2025-10-09 | ABSHER JODY K | Tax withheld | 1.1K | $59.31 |
| 2025-10-09 | Halloran Brian N. | Tax withheld | 494 | $59.31 |
| 2025-10-09 | SLOAN LINDSAY L | Tax withheld | 162 | $59.31 |
| 2025-10-09 | LAWRENCE PAUL JAMES | Tax withheld | 1.8K | $59.31 |
| 2025-10-09 | DURBIN JENNIFER J | Tax withheld | 1.1K | $59.31 |
| 2025-10-01 | WETHERBEE ROBERT S | Grant | 636 | $58.95 |
| 2025-10-01 | McPherson John R | Grant | 593 | $58.95 |
| 2025-10-01 | MCCULLOUGH GARY E | Grant | 614 | $58.95 |
| 2025-07-09 | Perkins Tandra C | Grant | 13 | $52.45 |
| 2025-07-09 | ARRIOLA DENNIS V | Grant | 17 | $52.45 |
| 2025-07-09 | McPherson John R | Grant | 39 | $52.45 |
| 2025-07-09 | RAISS SARAH E. | Grant | 56 | $52.45 |
| 2025-07-01 | MCCULLOUGH GARY E | Grant | 714 | $50.71 |
| 2025-07-01 | McPherson John R | Grant | 690 | $50.71 |
| 2025-07-01 | WETHERBEE ROBERT S | Grant | 739 | $50.71 |
| 2025-04-10 | MATT PETER R | Tax withheld | 4.7K | $43.80 |
| 2025-04-09 | ARRIOLA DENNIS V | Grant | 20 | $43.80 |
| 2025-04-09 | Perkins Tandra C | Grant | 16 | $43.80 |
| 2025-04-09 | RAISS SARAH E. | Grant | 67 | $43.80 |
| 2025-04-09 | McPherson John R | Grant | 47 | $43.80 |
| 2025-04-04 | McPherson John R | Buy | 2.5K | $40.42 |
| 2025-04-01 | MCCULLOUGH GARY E | Grant | 771 | $46.98 |
| 2025-04-01 | McPherson John R | Grant | 744 | $46.98 |
| 2025-04-01 | WETHERBEE ROBERT S | Grant | 798 | $46.98 |
| 2025-03-27 | MATT PETER R | Buy | 6.1K | $48.30 |
| 2025-01-30 | ARRIOLA DENNIS V | Grant | 18 | $48.99 |
| 2025-01-30 | Perkins Tandra C | Grant | 14 | $48.99 |
| 2025-01-30 | McPherson John R | Grant | 41 | $48.99 |
| 2025-01-30 | RAISS SARAH E. | Grant | 59 | $48.99 |
| 2025-01-15 | RAISS SARAH E. | Grant | 2.9K | $51.61 |
| 2025-01-15 | SZEWS CHARLES L | Grant | 2.9K | $51.61 |
| 2025-01-15 | Barton Lisa M | Grant | 2.9K | $51.61 |
| 2025-01-15 | ARRIOLA DENNIS V | Grant | 2.9K | $51.61 |
| 2025-01-15 | Perkins Tandra C | Grant | 2.9K | $51.61 |
| 2025-01-15 | WETHERBEE ROBERT S | Grant | 2.9K | $51.61 |
| 2025-01-15 | MCCULLOUGH GARY E | Grant | 2.9K | $51.61 |
| 2025-01-15 | McPherson John R | Grant | 2.9K | $51.61 |
| 2025-01-02 | WETHERBEE ROBERT S | Grant | 762 | $49.15 |
| 2025-01-02 | McPherson John R | Grant | 712 | $49.15 |
| 2025-01-02 | MCCULLOUGH GARY E | Grant | 737 | $49.15 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-25 | ResultsReg FDExhibits | filing ↗ |
| 2026-06-24 | OtherExhibits | filing ↗ |
| 2026-04-13 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-26 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-25 | OtherExhibits | filing ↗ |
| 2026-02-19 | Exhibits | filing ↗ |
| 2026-01-15 | Shareholder vote | filing ↗ |
| 2026-01-08 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-25 | 2026-06-25 | 0000022444-26-000038 ↗ |
| 8-K | 2026-06-24 | 2026-06-24 | 0000022444-26-000035 ↗ |
| 8-K | 2026-04-13 | 2026-04-13 | 0001193125-26-152960 ↗ |
| 10-Q | 2026-03-31 | 2026-02-28 | 0000022444-26-000031 ↗ |
| 8-K | 2026-03-26 | 2026-03-26 | 0000022444-26-000025 ↗ |
| 8-K | 2026-03-25 | 2026-03-25 | 0000022444-26-000021 ↗ |
| 8-K/A | 2026-02-19 | 2025-12-15 | 0001193125-26-059507 ↗ |
| 8-K | 2026-01-15 | 2026-01-14 | 0001193125-26-014157 ↗ |
| 8-K | 2026-01-08 | 2026-01-08 | 0000022444-26-000009 ↗ |
| 10-Q | 2026-01-08 | 2025-11-30 | 0000022444-26-000010 ↗ |
| 8-K | 2026-01-05 | 2026-01-05 | 0000022444-26-000003 ↗ |
| 8-K | 2025-12-17 | 2025-12-17 | 0001193125-25-322952 ↗ |