Commercial Metals Company (NYSE:CMC) reported solid financial performance for its fiscal first quarter of 2026, ended November 30, 2025, with net earnings of $177.3 million, or $1.58 per diluted share.
On an adjusted basis, earnings reached $206.2 million, or $1.84 per diluted share.
Consolidated core EBITDA surged approximately 52% year-over-year to $316.9 million, achieving a robust core EBITDA margin of 14.9%.
In December, following the close of the quarter, CMC completed the acquisitions of CP&P and Foley Products, deploying roughly $2.5 billion in capital.
These transactions establish a new precast platform for the company, expanding its offerings in infrastructure and construction solutions.
Elsewhere, the company maintained a strong balance sheet, ending the period with $3 billion in cash and restricted cash and nearly $1.9 billion in available liquidity.
CMC's board of directors also declared a quarterly cash dividend of $0.18 per share, payable on February 2, 2026, to shareholders of record as of January 19, 2026.
Meanwhile, management highlighted the strategic importance of the new precast operations, expecting them to contribute an estimated $165 million to $175 million in EBITDA over approximately 8.5 months of ownership in fiscal 2026.