CMC on NYSE
Commercial Metals Company
Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4
Steel and metal manufacturer
Commercial Metals Company (CMC) is a company that produces rebar and related construction materials headquartered in Irving, Texas. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 18, 2026.
Overview
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- TickerCMC on NYSE1
- Industryiron and steel industry1
- HeadquartersIrving1
- Websitewww.cmc.com
- Legal formDelaware corporation1
- Incorporated inDE6
- Business address6565 N. Macarthur Blvd., Suite 800, P O Box 1046, Irving, Tx 750396
- Filer categoryLarge accelerated filer6
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Commercial Metals Company (CMC) is a company that produces rebar and related construction materials headquartered in Irving, Texas. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue84¢$6.6B
- Selling, general and admin9¢$700.2M
- Other costs5¢$412.4M
- Income tax0¢$22.9M
- Profit1¢$84.7M
Out of $7.8B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending56¢$402.8M
- Dividends paid11¢$81.4M
- Share buybacks28¢$198.8M
- Kept or used elsewhere4¢$32.0M
Out of $715.1M of cash from operations.5
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6B7 | $5.8B8 | $5.5B9 | $6.7B10 | $8.9B11 | $8.8B5 | $7.9B5 | $7.8B5 |
| Cost of revenue | $4.0B7 | $5.0B8 | $4.5B9 | $5.6B10 | $7.1B11 | $7.0B5 | $6.6B5 | $6.6B5 |
| Selling, general and admin | $401.5M7 | $463.3M8 | $507.0M9 | $505.1M10 | $545.0M11 | $646.0M5 | $668.4M5 | $700.2M5 |
| Interest | $41.0M7 | $71.4M8 | $61.8M9 | $51.9M10 | $50.7M11 | $40.1M11 | $47.9M11 | |
| Income tax | $30.1M7 | $69.7M8 | $92.5M9 | $121.2M10 | $297.9M11 | $262.2M5 | $150.2M5 | $22.9M5 |
| Net income | $138.5M7 | $198.1M8 | $279.5M9 | $412.9M10 | $1.2B11 | $859.8M5 | $485.5M5 | $84.7M5 |
| Earnings per share | $1.197 | $1.688 | $2.359 | $3.4310 | $10.0911 | $7.345 | $4.195 | $0.755 |
| Earnings per share (diluted) | $1.177 | $1.668 | $2.329 | $3.3810 | $9.9511 | $7.255 | $4.145 | $0.745 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash | $632.6M8 | $193.7M9 | $545.0M10 | $501.1M11 | $679.2M5 | $595.7M5 | $859.6M5 | $1.0B5 |
| Current assets | $2.1B15 | $2.1B7 | $2.2B8 | $2.7B9 | $3.4B10 | $3.1B11 | $3.3B5 | $3.5B5 |
| Total assets | $3.3B15 | $3.8B7 | $4.1B8 | $4.6B9 | $6.2B11 | $6.6B5 | $6.8B5 | $7.2B5 |
| Current liabilities | $541.9M15 | $694.6M7 | $745.3M8 | $980.5M9 | $1.4B10 | $843.7M11 | $834.9M5 | $1.3B5 |
| Long-term debt | $1.0B7 | $1.0B8 | $1.5B9 | $1.1B10 | $1.1B11 | $1.2B5 | ||
| Total liabilities | $1.8B15 | $2.1B7 | $2.2B8 | $2.3B9 | $3.0B10 | $2.5B11 | $2.5B5 | $3.0B5 |
| Shareholders’ equity | -$2.7M7 | $1.6B7 | $1.9B8 | $2.3B9 | $3.3B10 | $4.1B11 | $4.3B5 | $4.2B5 |
| Shares outstanding | 117.0M shares16 | 117.9M shares17 | 119.6M shares7 | 120.6M shares8 | 117.3M shares9 | 116.9M shares10 | 113.9M shares11 | 111.0M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$433.9M7 | $37.0M8 | $791.2M9 | $228.5M10 | $700.3M11 | $1.3B5 | $899.7M5 | $715.1M5 |
| Capital spending | $174.7M7 | $138.8M8 | $187.6M9 | $184.2M10 | $450.0M11 | $606.7M5 | $324.3M5 | $402.8M5 |
| Free cash flow | -$608.6M | -$101.8M | $603.6M | $44.3M | $250.3M | $737.4M | $575.4M | $312.2M |
| Dividends paid | $56.1M7 | $56.5M8 | $57.1M9 | $57.8M10 | $67.7M11 | $74.9M5 | $78.9M5 | $81.4M5 |
| Share buybacks | $016 | $09 | $010 | $161.9M11 | $101.4M5 | $182.9M5 | $198.8M5 | |
| Dividend per share | $0.487 | $0.488 | $0.489 | $0.4810 | $0.5611 | $0.645 | $0.685 | $0.725 |
Leadership
Who has led Commercial Metals Company, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerPeter R. Matt Oct 11, 2023 to now18
- Chief executive officerJoseph Alvarado Nov 4, 2011 to Feb 4, 201319
- Chief executive officerMurray R. McClean Jan 10, 2007 to Feb 15, 201120
- Chief executive officerRussell B. Rinn Feb 2, 2006 to Jan 12, 200721
- Chief executive officerStanley A. Rabin Dec 1, 2003 to Aug 11, 200622
- Chief executive officerClyde P. Selig Dec 2, 2003 to Jan 10, 200623
- ChairJoseph Alvarado Oct 24, 2013 to Sep 1, 201724
- ChairMurray R. McClean Nov 7, 2008 to Jul 3, 201225
- ChairStanley A. Rabin Dec 1, 2003 to Dec 4, 200622
- PresidentPeter R. Matt Apr 12, 2023 to now26
- PresidentJoseph Alvarado Nov 4, 2011 to Feb 4, 201319
- PresidentTracy L. Porter Feb 4, 2010 to Jul 8, 201027
- PresidentMurray R. McClean May 25, 2006 to Feb 15, 201128
- PresidentAlan R. Postel Jan 18, 2005 to Jan 16, 200829
- Chief financial officerPaul James Lawrence Oct 23, 2019 to now30
- Chief financial officerMary A. Lindsey Jan 20, 2016 to Feb 5, 201931
- Chief financial officerWilliam B. Larson Nov 13, 2003 to Feb 2, 201232
- Chief operating officerTracy L. Porter Apr 4, 2018 to Oct 25, 202133
- Chief operating officerJoseph Alvarado May 5, 2010 to Jan 20, 201134
- Chief operating officerAlan R. Postel Mar 17, 2004 to Oct 12, 200435
- Chief operating officerRussell B. Rinn May 11, 2004 to Jan 18, 200636
- Chief operating officerMurray R. McClean Nov 1, 2004 to Jul 11, 200637
Board members and other officers (61)
- SVP, EBG & Chief Comm. OfficerMichael Doucet Aug 24, 2026 to now38
- SVP, N. America Steel GroupBrian N. Halloran May 8, 2025 to now39
- SVP, Precast GroupKeith Haas Dec 22, 2025 to now40
- SVP, Chief Strategy OfficerKekin Ghelani Oct 2, 2024 to now41
- SVP, N. American Steel GroupStephen William Simpson Oct 19, 2023 to Oct 16, 202442
- VP, Chief Accounting OfficerLindsay L. Sloan Mar 26, 2021 to now43
- SVP OperationsTy L. Garrison Nov 10, 2021 to Oct 16, 202344
- VP of Human ResourcesJennifer J. Durbin Jun 19, 2020 to now45
- VICE PRESIDENT OF FINANCEPaul James Lawrence Feb 19, 2016 to Feb 5, 201946
- Corporate SecretaryPaul K. Kirkpatrick Feb 5, 2013 to Oct 24, 201347
- VP of Strategy and PlanningAdam B. Batchelor Sep 10, 2013 to Nov 14, 201648
- VP and Chief Human Resources OTerry P. Hatten Dec 11, 2013 to Oct 30, 201749
- VP and TreasurerCarey J. Dubois Feb 7, 2012 to Oct 26, 201650
- VP & ControllerAdam R. Hickey Apr 9, 2012 to Feb 3, 202151
- SVP and Pres. CMC Int'lJohn C. Elmore Jul 3, 2012 to Oct 26, 201652
- SrVP, HR and Org. Dev.James B. Alleman Jan 20, 2011 to May 13, 201353
- Sr. VP; Pres, CMC AmericasTracy L. Porter Jan 20, 2011 to Jan 18, 201854
- VP CMC & Pres. CMC EuropeLudovit Gajdos Feb 5, 2010 to Sep 4, 201355
- Sr. VP, Bus. Dev. & ProcessesDevesh Sharma Jul 28, 2010 to Jan 20, 201156
- VP, Gnrl Cnsl & Corp. SecyAnn J. Bruder Sep 1, 2009 to Nov 1, 201357
- ControllerLeon K. Rusch Jan 13, 2006 to Jul 6, 201258
- V.P. & Sec.Met.Proc.Div. Pres.Harry J. Heinkele Jan 15, 2004 to Oct 1, 200459
- TreasurerLouis A. Federle Jan 15, 2004 to Jul 2, 201260
- V.P. & Mrktg & Dstrib Pres.Zoellner Hanns Sep 24, 2004 to Jan 14, 201361
- VP & Marketing/Distribution PrMurray R. McClean Jul 30, 2003 to Mar 9, 200462
- V.P. & Steel Group West Pres.Russell B. Rinn Aug 14, 2003 to Feb 4, 201063
- V.P. & Howell Metal Co. Pres.Leo A. Howell Oct 23, 2003 to Dec 28, 200564
- ControllerMalinda G. Passmore Nov 12, 2003 to Jan 21, 201065
- V.P. & CMC Steel Exe. VPBinh K. Huynh Nov 13, 2003 to Jan 24, 200566
- V.P. & CMC Steel East Pres.Jeffrey H. Selig Dec 19, 2003 to Jan 31, 200567
- V.P., Secy. & Gen. CounselDavid M. Sudbury Dec 23, 2003 to Aug 11, 200968
- Board memberMichael R. Dumais Jun 23, 2026 to now69
- Board memberDawne S. Hickton Oct 15, 2025 to now70
- Board memberTandra C. Perkins Sep 3, 2024 to now71
- Board memberRobert S. Wetherbee Mar 22, 2023 to now72
- Board memberJohn R. McPherson Mar 16, 2022 to now73
- Board memberGary E. McCullough Oct 12, 2021 to now74
- Board memberPeter R. Matt Jun 15, 2020 to now75
- Board memberVicki L. Avril Aug 28, 2014 to Jul 12, 202476
- Board memberCharles L. Szews Oct 28, 2014 to now77
- Board memberRick J. Mills Jan 3, 2012 to Nov 17, 202078
- Board memberJoseph Alvarado Jan 19, 2012 to Oct 25, 201779
- Board memberJoseph C. Winkler Jun 28, 2012 to Jan 15, 202180
- Board memberSarah E. Raiss Jan 19, 2011 to now81
- Board memberRhys J. Best Feb 1, 2010 to Nov 15, 202182
- Board memberRichard B. Kelson Feb 1, 2010 to Feb 8, 202183
- Board memberStanley A. Rabin Jan 9, 2007 to Aug 12, 200884
- Board memberMurray R. McClean Jan 10, 2007 to Aug 11, 200820
- Board memberRobert L. Guido Apr 17, 2007 to Jan 12, 201785
- Board memberAnthony A. Massaro Jan 23, 2004 to Nov 27, 201786
- Board memberHarold L. Adams Jan 23, 2004 to Jan 16, 201587
- Board memberRalph E. Loewenberg Jan 23, 2004 to Jan 26, 200988
- Board memberRobert D. Neary Jan 23, 2004 to Jan 19, 201189
- Board memberDorothy G. Owen Sep 12, 2003 to Jun 27, 201190
- Board memberLeo A. Howell Oct 23, 2003 to Jan 20, 200564
- Board memberMoses Feldman Nov 12, 2003 to May 4, 200991
- Board memberRobert R. Womack Nov 12, 2003 to Feb 6, 201292
- Board memberClyde P. Selig Dec 2, 2003 to Jan 10, 200623
- General counselJody K. Absher Jun 19, 2020 to now93
- General counselAnn J. Bruder Feb 6, 2013 to Feb 6, 201394
- General counselPaul K. Kirkpatrick Nov 26, 2013 to Feb 4, 202095
Timeline
- Oct 11, 2023New chief executive Peter R. Matt becomes CEO18
- Nov 4, 2011New chief executive Joseph Alvarado becomes CEO19
- Jan 10, 2007New chief executive Murray R. McClean becomes CEO20
- Feb 2, 2006New chief executive Russell B. Rinn becomes CEO21
- Dec 2, 2003New chief executive Clyde P. Selig becomes CEO23
- Dec 1, 2003New chief executive Stanley A. Rabin becomes CEO22
- 1915Founded Founded1
Recent filings
- Oct 15, 20268-K
- Oct 15, 20264
- Oct 15, 20264
- Oct 15, 20264
- Oct 15, 20264
- Oct 15, 20264
- Oct 15, 20264
- Oct 15, 20264
- Oct 14, 20264
- Oct 14, 20264
- Oct 14, 20264
- Oct 14, 20264
- Oct 14, 20264
- Oct 14, 20264
- Oct 14, 20264
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.cmc.com1
- Websitewww.cmcrecycling.com1
- WikipediaCommercial Metals Company
- WikidataQ5152510
- SEC EDGARCIK 22444
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 23
- 24SEC EDGARJoseph Alvarado, Chair
- 25SEC EDGARMurray R. McClean, Chair
- 26SEC EDGARPeter R. Matt, President
- 27SEC EDGARTracy L. Porter, President
- 28SEC EDGARMurray R. McClean, President
- 29SEC EDGARAlan R. Postel, President
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- 31
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- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40SEC EDGARKeith Haas, SVP, Precast Group
- 41
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- 43
- 44SEC EDGARTy L. Garrison, SVP Operations
- 45
- 46
- 47
- 48
- 49
- 50SEC EDGARCarey J. Dubois, VP and Treasurer
- 51SEC EDGARAdam R. Hickey, VP & Controller
- 52
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- 56
- 57
- 58SEC EDGARLeon K. Rusch, Controller
- 59
- 60SEC EDGARLouis A. Federle, Treasurer
- 61
- 62
- 63
- 64
- 65SEC EDGARMalinda G. Passmore, Controller
- 66
- 67
- 68
- 69SEC EDGARMichael R. Dumais, Board member
- 70SEC EDGARDawne S. Hickton, Board member
- 71SEC EDGARTandra C. Perkins, Board member
- 72SEC EDGARRobert S. Wetherbee, Board member
- 73SEC EDGARJohn R. McPherson, Board member
- 74SEC EDGARGary E. McCullough, Board member
- 75SEC EDGARPeter R. Matt, Board member
- 76SEC EDGARVicki L. Avril, Board member
- 77SEC EDGARCharles L. Szews, Board member
- 78SEC EDGARRick J. Mills, Board member
- 79SEC EDGARJoseph Alvarado, Board member
- 80SEC EDGARJoseph C. Winkler, Board member
- 81SEC EDGARSarah E. Raiss, Board member
- 82SEC EDGARRhys J. Best, Board member
- 83SEC EDGARRichard B. Kelson, Board member
- 84SEC EDGARStanley A. Rabin, Board member
- 85SEC EDGARRobert L. Guido, Board member
- 86SEC EDGARAnthony A. Massaro, Board member
- 87SEC EDGARHarold L. Adams, Board member
- 88SEC EDGARRalph E. Loewenberg, Board member
- 89SEC EDGARRobert D. Neary, Board member
- 90SEC EDGARDorothy G. Owen, Board member
- 91SEC EDGARMoses Feldman, Board member
- 92SEC EDGARRobert R. Womack, Board member
- 93SEC EDGARJody K. Absher, General counsel
- 94SEC EDGARAnn J. Bruder, General counsel
- 95SEC EDGARPaul K. Kirkpatrick, General counsel