The company reported revenues of $2.13 billion, exceeding the forecasted $2.09 billion. This marks a 21.7 percent increase from the $1.75 billion recorded in the same quarter last year.
Commercial Metals disclosed adjusted earnings of $1.16 per share, which did not meet the analyst expectations of $1.30 per share. However, this is a notable rise from the $0.26 per share reported a year earlier, indicating a 346.2 percent increase.
The second quarter core EBITDA margin was 14.0 percent, an increase of 610 basis points from the previous year. Adjusted EBITDA margins for the North America Steel Group and the Construction Solutions Group were 16.8 percent and 17.0 percent.
As of the end of February 2026, cash, cash equivalents, and restricted cash were $503.6 million, with available liquidity exceeding $1.7 billion.
The board of directors approved a $0.02 per share increase to the quarterly dividend, declaring a dividend of $0.20 per share of CMC common stock to be paid to stockholders of record on April 6, 2026. The dividend, payable on April 15, 2026, represents an 11 percent increase from the previous quarterly dividend.
Peter Matt, President and Chief Executive Officer, commented, \”The CMC team delivered another strong quarter, driving a more than two-fold increase in core EBITDA compared to a year ago. These impressive results reflect continued execution of our strategy, underpinned by additional efficiency gains from our enterprise-wide Transform, Advance, Grow program and meaningful contributions from our recently acquired precast platform.\”
 reported Q2 2026 revenue of $2.13 billion, surpassing the $2.09 billion estimate, and a 21.7 percent increase from last year.){kind=link}