CMC at a glance
COMMERCIAL METALS Co (CMC, SEC CIK 22444) filed its latest 10-K annual report on October 16, 2025, a 10-Q quarterly report on June 29, 2026, an 8-K current report on August 5, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended August 31, 2025 (FY2025), COMMERCIAL METALS Co (CMC) reported revenue of $7.8 billion (down 1.6% from FY2024) and net income of $84.7 million. Diluted EPS was $0.74.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding COMMERCIAL METALS Co (CMC) shares worth $3.9 billion in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by McPherson John R on August 13, 2026 of 1,390 shares at $71.92 per share.
- In the last 90 days, CMC insiders reported 2 open-market purchases ($604K) and 0 open-market sales ($0) on Form 4, a net purchase of $604K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $7.8B
- −1.6% vs prior year
- Insiders · 90 days
- 2 buys · 0 sells
- Net +$604K
- 13F holders
- 32 funds
- $3.9B · −4 vs prior quarter
- Latest 8-K
- Aug 5, 2026
- Item 8.01 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Aug 31, 2025
Business Overview
- Core business: Integrated steel manufacturing and recycling focused on reinforcement products for global construction sector
- New emphasis on Emerging Businesses Group segment as distinct from traditional North America and Europe Steel Groups
- Strategic focus on sustainability with ~98% recycled materials and closed-loop water recycling processes highlighted as competitive advantage
- Global manufacturing network concentrated in U.S. and Central Europe serving diverse infrastructure and energy markets
- Commitment to growth via value-accretive organic and inorganic investments broadening product and technology portfolio
Risk Factors
- Antitrust litigation $110M verdict trebled by court, potential $330M liability risking liquidity and financial condition
- Geopolitical risk from Russia-Ukraine and Israel-Hamas conflicts causing commodity price volatility and supply chain disruptions
- Raw material scarcity and price swings for ferrous scrap and graphite electrodes threaten production and margins
- Competitive disadvantage from foreign firms bypassing environmental regulations, resulting in lower-cost steel products
- Key-person risk from potential loss of officers and specialists critical to operational management and strategic execution
Management Discussion & Analysis
- Revenue details not explicitly provided; focus on North America Steel, Europe Steel, Emerging Businesses segments
- No explicit segment sales or profitability data; emphasis on North America Steel’s micro mill expansion and Europe Steel operations
- Capital expenditure on fourth micro mill $550-$600 million net of $75 million government assistance; $50 million government assistance received in 2025
- Management expects CP&P and Foley acquisitions to close in late 2025 funded by cash and debt; aims to expand precast and regional leadership
AI summary of the CMC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended May 31, 2026
Management Discussion & Analysis
- Quarterly revenue $2.483B, up 23% YoY from $2.020B
- Net earnings $173.0M vs $83.1M; effective tax rate 8.4% vs 24.1%
- Best segment Construction Solutions revenue $394.6M, up 100%; adjusted EBITDA $97.4M, up 138%
- North America Steel adjusted EBITDA $253.5M, up 41%; steel-products metal margin $610 vs $499 per ton
- $2.0B senior notes issued; West Virginia micro mill production expected during 2026
Risk Factors
- No material changes to risk factors disclosed in the 2025 Form 10-K
- No newly added risk factor identified for the quarter ended May 31, 2026
- Carried-forward regulatory, legal, and compliance risks unchanged from the 2025 Form 10-K
- Carried-forward operational, competitive, and market risks unchanged from the 2025 Form 10-K
- Carried-forward liquidity, debt, currency, and concentration risks unchanged from the 2025 Form 10-K
AI summary of the CMC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- $600.0 million increase in authorized share repurchases
- Total current buyback capacity approximately $717.0 million
Item 7.01: Regulation FD Disclosure
- Investor Day on August 5, 2026 introduces CMC’s long-term financial targets, strategy and growth outlook
- Exhibit 99.1 contains management’s long-term targets and related forward-looking risk disclosures
Item EX-99.1: Item EX-99.1
- FY29 mid-cycle Core EBITDA target of $1,650–$1,800 million, implying 15.0%–16.0% margin
- FY29 ROIC target of 13.0%–14.5% and free cash flow target of $1,375–$1,525 million
Item 2.02: Results of Operations and Financial Condition
- CMC reported fiscal Q3 2026 financial results on June 25, 2026
- Full earnings details and investor-relevant metrics are contained in Exhibit 99.1
Item 7.01: Regulation FD Disclosure
- CMC disclosed its fiscal Q3 2026 financial-results presentation under Regulation FD
- Presentation available on CMC’s website and filed as Exhibit 99.2
Item 8.01: Other Events
- Quarterly cash dividend declared at $0.20 per CMC common share
- Payment scheduled for July 15, 2026
Item EX-99.1: Item EX-99.1
- Quarterly cash dividend maintained at $0.20 per share, signaling continued shareholder-return commitment
- 247th consecutive quarterly dividend, underscoring CMC’s long-standing distribution record
AI summaries of CMC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CMC
Don't miss the next CMC filing
- Alerts as it files. A push when CMC files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut CMC, by share count.
- Ask anything. An AI agent that reads every CMC filing and answers with sources.
CMC alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| MCCULLOUGH GARY E | A | Oct 1, 2026 | 577 | $62.72 |
| McPherson John R | A | Oct 1, 2026 | 577 | $62.72 |
| McPherson John R | Buy | Aug 13, 2026 | 1,390 | $71.92 |
| ARRIOLA DENNIS V | A | Jul 15, 2026 | 22 | $67.41 |
| McPherson John R | A | Jul 15, 2026 | 42 | $67.41 |
| HICKTON DAWNE S | A | Jul 15, 2026 | 4 | $67.41 |
| Perkins Tandra C | A | Jul 15, 2026 | 19 | $67.41 |
| WETHERBEE ROBERT S | A | Jul 15, 2026 | 7 | $67.41 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $8.8B | $7.9B | $7.8B |
| Net Income | $859.8M | $485.5M | $84.7M |
| Net Margin | 9.8% | 6.1% | 1.1% |
| Balance Sheet | |||
| Total Assets | $6.6B | $6.8B | $7.2B |
| Equity | $4.1B | $4.3B | $4.2B |
| ROE | 20.9% | 11.3% | 2.0% |
| Per Share | |||
| EPS | - | $4.14 | $0.74 |
| Cash Flow | |||
| Operating CF | $1.3B | $899.7M | $715.1M |
| CapEx | $606.7M | $324.3M | $402.8M |
Source: XBRL data in COMMERCIAL METALS Co (CMC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CMC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $3.92B |
| Q1 2026 | 36 | $3.75B |
| Q4 2025 | 30 | $3.89B |
| Q3 2025 | 30 | $3.50B |
| Q2 2025 | 29 | $2.92B |
| Q1 2025 | 26 | $2.06B |
| Q4 2024 | 25 | $1.92B |
| Q3 2024 | 20 | $1.22B |
- FMR LLC (Fidelity)+1.09M (+22%)
- BlackRock+458.2K (+3%)
- Invesco Ltd+399.9K (+19%)
- JPMorgan Chase & Co+341.7K (+45%)
- Goldman Sachs Group+226.1K (+15%)
- AQR Capital Management−550.0K (-34%)
- State Street Corp−352.9K (-5%)
- Bank of America Corp−287.5K (-18%)
- Prudential Financial−249.6K (-68%)
- Ameriprise Financial−85.7K (-17%)
- Renaissance Technologies LLC−58.6K
- Bridgewater Associates LP−37.5K
- Allstate−23.7K
- Marex Group plc−3.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 228 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CMC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| SC 13G | Aug 6, 2026 | - | - | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 13, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 10-Q | Jun 29, 2026 | May 31, 2026 | Analysis | |
| 8-K | Jun 25, 2026 | - | Analysis | - |
| 8-K | Jun 24, 2026 | - | Analysis | - |
| 4 | Jun 24, 2026 | - | - | - |
| SC 13G | May 12, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Apr 16, 2026 | - | - | - |
| 4 | Apr 16, 2026 | - | - | - |
| 4 | Apr 16, 2026 | - | - | - |
| 4 | Apr 16, 2026 | - | - | - |
| 4 | Apr 16, 2026 | - | - | - |
Related Materials companies
- CRS · Carpenter Technology CorpSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- MTUS · Metallus Inc.Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- NUE · NucorSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- STLD · Steel DynamicsSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- SXC · SunCoke Energy, Inc.Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- TWI · TITAN INTERNATIONAL INCSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- AEM · Agnico Eagle Mines LtdGold and Silver Ores
- APD · Air ProductsIndustrial Inorganic Chemicals
CMC SEC filings: frequently asked questions
Are CMC insiders buying or selling?
In the last 90 days, COMMERCIAL METALS Co (CMC) officers, directors and 10% owners reported 2 open-market purchases worth $604,468 by 2 insiders and no open-market sales on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold CMC stock?
As of June 30, 2026, the largest COMMERCIAL METALS Co (CMC) holders among the 13F filers tracked by SignalX were BlackRock ($955.0 million), State Street Corp ($434.1 million), Dimensional Fund Advisors ($422.6 million), FMR LLC (Fidelity) ($380.3 million), Vanguard Portfolio Management LLC ($366.9 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CMC's revenue in fiscal year 2025?
For the fiscal year ended August 31, 2025 (FY2025), COMMERCIAL METALS Co (CMC) reported revenue of $7.8 billion (down 1.6% from FY2024) and net income of $84.7 million. Diluted EPS was $0.74. The figures come from the XBRL data in the 10-K.
What are the main risks in CMC's latest 10-K?
In the 10-K filed October 16, 2025, COMMERCIAL METALS Co (CMC) flagged: Antitrust litigation $110M verdict trebled by court, potential $330M liability risking liquidity and financial condition. Geopolitical risk from Russia-Ukraine and Israel-Hamas conflicts causing commodity price volatility and supply chain disruptions. (AI summary of the Risk Factors section.)
What did CMC report in its latest 8-K?
COMMERCIAL METALS Co (CMC) filed an 8-K on August 5, 2026 reporting Item 8.01 (Other Events) and Item 7.01 (Regulation FD Disclosure). $600.0 million increase in authorized share repurchases.
What are the latest CMC SEC filings?
COMMERCIAL METALS Co (CMC) filed its latest 10-K annual report on October 16, 2025, a 10-Q quarterly report on June 29, 2026, an 8-K current report on August 5, 2026 and a Form 4 insider filing on October 5, 2026.
What is CMC's SEC CIK number?
COMMERCIAL METALS Co (CMC)'s SEC Central Index Key (CIK) is 22444. EDGAR lists every CMC filing under that number.
Ask anything about CMC
The research agent reads CMC's filings, financials, insider trades and 13F holders, then answers with sources.