Commercial Metals Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.80B | $7.93B | $8.80B | $8.91B | $6.73B | $5.48B | $5.83B | $4.64B |
| Cost of Revenue | $6.58B | $6.57B | $6.99B | $7.06B | $5.62B | $4.53B | $5.03B | $4.02B |
| Gross Profit | $1.22B | $1.36B | $1.81B | $1.86B | $1.11B | $944.8M | $803.5M | $622.2M |
| Gross Margin | 15.6% | 17.1% | 20.6% | 20.8% | 16.4% | 17.3% | 13.8% | 13.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $700.2M | $668.4M | $646.0M | $545.0M | $505.1M | $507.0M | $463.3M | $401.5M |
| Operating Income | $107.5M | $683.6M | $1.16B | $1.57B | $585.9M | $432.6M | $339.8M | $206.3M |
| Operating Margin | 1.4% | 8.6% | 13.2% | 17.6% | 8.7% | 7.9% | 5.8% | 4.4% |
| Interest Expense | — | $47.9M | $40.1M | $50.7M | $51.9M | $61.8M | $71.4M | $41.0M |
| Pretax Income | $107.5M | $635.7M | $1.12B | $1.52B | $534.0M | $370.8M | $268.5M | $165.4M |
| Income Tax Expense | $22.9M | $150.2M | $262.2M | $297.9M | $121.2M | $92.5M | $69.7M | $30.1M |
| Net Income | $84.7M | $485.5M | $859.8M | $1.22B | $412.9M | $279.5M | $198.1M | $138.5M |
| Net Margin | 1.1% | 6.1% | 9.8% | 13.7% | 6.1% | 5.1% | 3.4% | 3.0% |
| EPS (Basic) | $0.75 | $4.19 | $7.34 | $10.09 | $3.43 | $2.35 | $1.68 | $1.19 |
| EPS (Diluted) | $0.74 | $4.14 | $7.25 | $9.95 | $3.38 | $2.32 | $1.66 | $1.17 |
| Shares Outstanding (Basic) | 113.0M | 115.8M | 117.1M | 120.6M | 120.3M | 118.9M | 117.8M | 116.8M |
| Shares Outstanding (Diluted) | 114.1M | 117.2M | 118.6M | 122.4M | 122.0M | 120.3M | 119.1M | 118.1M |
| Dividends Per Share | $0.72 | $0.68 | $0.64 | $0.56 | $0.48 | $0.48 | $0.48 | $0.48 |