Commercial Metals Company

Commercial Metals Companyverified

CMC

Price:

$51.219

Market Cap:

$5.89B

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including rebar, merchant bar, light structural, and other special sections, as well as semi-finished billets for re-rolling and forging applications....[Read more]

Industry

Steel

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

CMC

The Current Ratio as of September 2024 (TTM) for Commercial Metals Company (CMC) is 4.24

According to Commercial Metals Company’s latest financial reports and current stock price. The company's current Current Ratio is 4.24. This represents a change of 4.07% compared to the average of 4.07 of the last 4 quarters.

Commercial Metals Company (CMC) Historical Current Ratio (quarterly & annually)

How has CMC Current Ratio performed in the past?

The mean historical Current Ratio of Commercial Metals Company over the last ten years is 3.08. The current 4.24 Current Ratio has changed 13.67% with respect to the historical average. Over the past ten years (40 quarters), CMC's Current Ratio was at its highest in in the February 2016 quarter at 4.39. The Current Ratio was at its lowest in in the May 2017 quarter at 2.24.

Quarterly (TTM)
Annual

Average

3.08

Median

2.92

Minimum

2.49

Maximum

3.83

Commercial Metals Company (CMC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Commercial Metals Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 46.94%

Maximum Annual Current Ratio = 3.83

Minimum Annual Increase = -33.26%

Minimum Annual Current Ratio = 2.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.7346.94%
20222.54-9.14%
20212.79-6.04%
20202.97-0.79%
20192.99-21.87%
20183.8336.07%
20172.8212.93%
20162.49-33.26%
20153.7430.41%
20142.87-5.40%

Commercial Metals Company (CMC) Average Current Ratio

How has CMC Current Ratio performed in the past?

The current Current Ratio of Commercial Metals Company (CMC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.02

5-year avg

3.00

10-year avg

3.08

Commercial Metals Company (CMC) Current Ratio vs. Peers

How is CMC’s Current Ratio compared to its peers?

Commercial Metals Company’s Current Ratio is greater than Olympic Steel, Inc. (3.77), greater than Schnitzer Steel Industries, Inc. (1.96), greater than Steel Dynamics, Inc. (2.35), greater than Nucor Corporation (2.93), greater than TimkenSteel Corporation (2.64), less than Universal Stainless & Alloy Products, Inc. (4.36), greater than POSCO Holdings Inc. (2.03), greater than Outokumpu Oyj (1.67), greater than United States Steel Corporation (1.72), less than Reliance Steel & Aluminum Co. (5.02), greater than ArcelorMittal S.A. (1.53), greater than Companhia Siderúrgica Nacional (1.29), greater than Ternium S.A. (2.74),

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