Commercial Metals FY2026 Q2 adjusted earnings more than tripled to $130 million; net sales rise to $2.1 billion
Commercial Metals Company
Commercial Metals Company CMC | 0.00 |
- CMC published a quarterly earnings press release for its fiscal second quarter ended Feb. 28, 2026.
- Net earnings were USD 93.0 million, or USD 0.83 per diluted share, while adjusted earnings were USD 130.1 million, or USD 1.16 per diluted share.
- Net sales rose 21.53% to USD 2.1 billion, and consolidated core EBITDA more than doubled to USD 297.5 million, driven by TAG momentum, favorable market conditions, and the newly acquired precast business.
- Core EBITDA margin was 14.0%, up 6.1 percentage points, and North America Steel adjusted EBITDA rose 96.86% to USD 269.7 million.
- Construction Solutions net sales rose 97.9% to USD 314.4 million, with precast contributing USD 33.6 million of adjusted EBITDA; management expects consolidated core EBITDA to increase meaningfully in the fiscal third quarter and forecasts full-year precast EBITDA of USD 165.0 million to USD 175.0 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commercial Metals Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603260645PR_NEWS_USPR_____DA19899) on March 26, 2026, and is solely responsible for the information contained therein.
