Commercial Metals Company
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, alu… Read more
Commercial Metals Company (CMC) - Net Assets
Latest net assets as of November 2025: $4.31 Billion USD
Based on the latest financial reports, Commercial Metals Company (CMC) has net assets worth $4.31 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.24 Billion) and total liabilities ($4.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.31 Billion |
| % of Total Assets | 46.66% |
| Annual Growth Rate | 9.0% |
| 5-Year Change | 82.71% |
| 10-Year Change | 206.66% |
| Growth Volatility | 12.74 |
Commercial Metals Company - Net Assets Trend (1985–2025)
This chart illustrates how Commercial Metals Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Commercial Metals Company (1985–2025)
The table below shows the annual net assets of Commercial Metals Company from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $4.19 Billion | -2.48% |
| 2024-08-31 | $4.30 Billion | +4.34% |
| 2023-08-31 | $4.12 Billion | +25.40% |
| 2022-08-31 | $3.29 Billion | +43.19% |
| 2021-08-31 | $2.30 Billion | +21.47% |
| 2020-08-31 | $1.89 Billion | +16.34% |
| 2019-08-31 | $1.62 Billion | +8.74% |
| 2018-08-31 | $1.49 Billion | +6.61% |
| 2017-08-31 | $1.40 Billion | +2.45% |
| 2016-08-31 | $1.37 Billion | -1.01% |
| 2015-08-31 | $1.38 Billion | +2.43% |
| 2014-08-31 | $1.35 Billion | +6.18% |
| 2013-08-31 | $1.27 Billion | +1.90% |
| 2012-08-31 | $1.25 Billion | +7.40% |
| 2011-08-31 | $1.16 Billion | -7.40% |
| 2010-08-31 | $1.25 Billion | -18.19% |
| 2009-08-31 | $1.53 Billion | -6.70% |
| 2008-08-31 | $1.64 Billion | +5.84% |
| 2007-08-31 | $1.55 Billion | +21.10% |
| 2006-08-31 | $1.28 Billion | +34.86% |
| 2005-08-31 | $949.98 Million | +34.37% |
| 2004-08-31 | $706.97 Million | +41.65% |
| 2003-08-31 | $499.08 Million | -0.44% |
| 2002-08-31 | $501.31 Million | +15.75% |
| 2001-08-31 | $433.09 Million | +2.97% |
| 2000-08-31 | $420.62 Million | +0.58% |
| 1999-08-31 | $418.20 Million | +9.65% |
| 1998-08-31 | $381.40 Million | +7.47% |
| 1997-08-31 | $354.90 Million | +5.91% |
| 1996-08-31 | $335.10 Million | +10.52% |
| 1995-08-31 | $303.20 Million | +24.88% |
| 1994-08-31 | $242.80 Million | +3.14% |
| 1993-08-31 | $235.40 Million | +10.99% |
| 1992-08-31 | $212.10 Million | +4.17% |
| 1991-08-31 | $203.60 Million | +1.60% |
| 1990-08-31 | $200.40 Million | +4.98% |
| 1989-08-31 | $190.90 Million | +13.50% |
| 1988-08-31 | $168.20 Million | +8.59% |
| 1987-08-31 | $154.90 Million | +5.66% |
| 1986-08-31 | $146.60 Million | +9.65% |
| 1985-08-31 | $133.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Commercial Metals Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4585.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.51 Billion | 107.48% |
| Common Stock | $1.29 Million | 0.03% |
| Other Comprehensive Income | $-25.25 Million | -0.60% |
| Total Equity | $4.19 Billion | 100.00% |
Commercial Metals Company Competitors by Market Cap
The table below lists competitors of Commercial Metals Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AB Industrivärden (publ)
PINK:IDTVF
|
$6.81 Billion |
|
Mitsubishi Chemical Holdings Corporation
PINK:MTLHF
|
$6.81 Billion |
|
CITIC Limited
PINK:CTPCF
|
$6.82 Billion |
|
China Spacesat Co Ltd
SHG:600118
|
$6.83 Billion |
|
NIO Inc.
PINK:NIOIF
|
$6.80 Billion |
|
American Airlines Group
NASDAQ:AAL
|
$6.80 Billion |
|
Air Lease Corporation
NYSE:AL
|
$6.80 Billion |
|
MITSUBISHI HC CAPITAL INC
F:5B4
|
$6.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Commercial Metals Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,299,776,000 to 4,193,326,000, a change of -106,450,000 (-2.5%).
- Net income of 84,662,000 contributed positively to equity growth.
- Dividend payments of 81,433,000 reduced retained earnings.
- Share repurchases of 207,645,000 reduced equity.
- Other comprehensive income increased equity by 60,701,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $84.66 Million | +2.02% |
| Dividends Paid | $81.43 Million | -1.94% |
| Share Repurchases | $207.65 Million | -4.95% |
| Other Comprehensive Income | $60.70 Million | +1.45% |
| Other Changes | $37.27 Million | +0.89% |
| Total Change | $- | -2.48% |
Book Value vs Market Value Analysis
This analysis compares Commercial Metals Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 57.55x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-08-31 | $1.08 | $61.95 | x |
| 1986-08-31 | $1.16 | $61.95 | x |
| 1987-08-31 | $1.21 | $61.95 | x |
| 1988-08-31 | $1.39 | $61.95 | x |
| 1989-08-31 | $1.59 | $61.95 | x |
| 1990-08-31 | $1.75 | $61.95 | x |
| 1991-08-31 | $1.80 | $61.95 | x |
| 1992-08-31 | $1.86 | $61.95 | x |
| 1993-08-31 | $2.00 | $61.95 | x |
| 1994-08-31 | $2.03 | $61.95 | x |
| 1995-08-31 | $2.50 | $61.95 | x |
| 1996-08-31 | $2.77 | $61.95 | x |
| 1997-08-31 | $2.91 | $61.95 | x |
| 1998-08-31 | $3.15 | $61.95 | x |
| 1999-08-31 | $3.58 | $61.95 | x |
| 2000-08-31 | $3.62 | $61.95 | x |
| 2001-08-31 | $4.13 | $61.95 | x |
| 2002-08-31 | $4.48 | $61.95 | x |
| 2003-08-31 | $4.42 | $61.95 | x |
| 2004-08-31 | $5.57 | $61.95 | x |
| 2005-08-31 | $7.25 | $61.95 | x |
| 2006-08-31 | $9.90 | $61.95 | x |
| 2007-08-31 | $12.72 | $61.95 | x |
| 2008-08-31 | $13.92 | $61.95 | x |
| 2009-08-31 | $13.43 | $61.95 | x |
| 2010-08-31 | $11.02 | $61.95 | x |
| 2011-08-31 | $10.09 | $61.95 | x |
| 2012-08-31 | $10.67 | $61.95 | x |
| 2013-08-31 | $10.80 | $61.95 | x |
| 2014-08-31 | $11.37 | $61.95 | x |
| 2015-08-31 | $11.71 | $61.95 | x |
| 2016-08-31 | $11.72 | $61.95 | x |
| 2017-08-31 | $11.94 | $61.95 | x |
| 2018-08-31 | $12.64 | $61.95 | x |
| 2019-08-31 | $13.63 | $61.95 | x |
| 2020-08-31 | $15.70 | $61.95 | x |
| 2021-08-31 | $18.81 | $61.95 | x |
| 2022-08-31 | $26.85 | $61.95 | x |
| 2023-08-31 | $34.74 | $61.95 | x |
| 2024-08-31 | $36.70 | $61.95 | x |
| 2025-08-31 | $36.76 | $61.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Commercial Metals Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.09%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.71x
- Recent ROE (2.02%) is below the historical average (10.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 6.96% | 0.91% | 3.61x | 2.11x | $-4.07 Million |
| 1986 | 9.69% | 1.60% | 3.02x | 2.00x | $-460.00K |
| 1987 | 6.58% | 1.17% | 2.89x | 1.95x | $-5.29 Million |
| 1988 | 14.74% | 2.20% | 3.35x | 2.01x | $7.98 Million |
| 1989 | 14.93% | 2.19% | 3.11x | 2.20x | $9.41 Million |
| 1990 | 12.92% | 2.28% | 2.74x | 2.07x | $5.86 Million |
| 1991 | 5.89% | 1.03% | 2.52x | 2.26x | $-8.36 Million |
| 1992 | 5.89% | 1.07% | 2.26x | 2.43x | $-8.71 Million |
| 1993 | 9.22% | 1.38% | 2.89x | 2.30x | $-1.84 Million |
| 1994 | 10.79% | 1.57% | 2.75x | 2.49x | $1.92 Million |
| 1995 | 12.60% | 1.80% | 2.83x | 2.47x | $7.88 Million |
| 1996 | 13.73% | 1.98% | 3.03x | 2.29x | $12.49 Million |
| 1997 | 10.88% | 1.71% | 2.69x | 2.36x | $3.11 Million |
| 1998 | 11.20% | 1.80% | 2.36x | 2.63x | $4.56 Million |
| 1999 | 11.25% | 2.09% | 2.09x | 2.58x | $5.25 Million |
| 2000 | 10.60% | 1.68% | 2.27x | 2.79x | $2.53 Million |
| 2001 | 5.49% | 0.96% | 2.28x | 2.50x | $-19.54 Million |
| 2002 | 8.08% | 1.63% | 2.02x | 2.45x | $-9.61 Million |
| 2003 | 3.73% | 0.66% | 2.25x | 2.52x | $-31.79 Million |
| 2004 | 19.98% | 2.77% | 2.40x | 3.01x | $65.96 Million |
| 2005 | 31.77% | 4.56% | 2.68x | 2.59x | $195.82 Million |
| 2006 | 29.21% | 4.94% | 2.49x | 2.38x | $234.34 Million |
| 2007 | 22.95% | 4.27% | 2.40x | 2.24x | $200.57 Million |
| 2008 | 14.16% | 2.22% | 2.20x | 2.90x | $68.13 Million |
| 2009 | 1.36% | 0.32% | 1.74x | 2.41x | $-132.17 Million |
| 2010 | -16.42% | -3.27% | 1.69x | 2.96x | $-330.42 Million |
| 2011 | -11.17% | -1.69% | 2.08x | 3.17x | $-245.66 Million |
| 2012 | 16.65% | 2.71% | 2.22x | 2.76x | $82.85 Million |
| 2013 | 6.09% | 1.17% | 1.89x | 2.75x | $-49.68 Million |
| 2014 | 8.40% | 1.67% | 1.84x | 2.74x | $-21.61 Million |
| 2015 | 5.75% | 1.46% | 1.58x | 2.49x | $-58.68 Million |
| 2016 | 4.01% | 1.52% | 1.15x | 2.29x | $-81.97 Million |
| 2017 | 3.31% | 1.21% | 1.29x | 2.12x | $-93.74 Million |
| 2018 | 9.27% | 2.98% | 1.40x | 2.23x | $-10.83 Million |
| 2019 | 12.20% | 3.40% | 1.55x | 2.31x | $35.71 Million |
| 2020 | 14.79% | 5.10% | 1.34x | 2.16x | $90.58 Million |
| 2021 | 17.99% | 6.13% | 1.45x | 2.02x | $183.38 Million |
| 2022 | 37.04% | 13.66% | 1.43x | 1.90x | $888.64 Million |
| 2023 | 20.86% | 9.77% | 1.33x | 1.61x | $447.67 Million |
| 2024 | 11.29% | 6.13% | 1.16x | 1.59x | $55.51 Million |
| 2025 | 2.02% | 1.09% | 1.09x | 1.71x | $-334.67 Million |
Industry Comparison
This section compares Commercial Metals Company's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Commercial Metals Company (CMC) | $4.31 Billion | 6.96% | 1.14x | $6.80 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |