Skip to main content

COMMERCIAL METALS Co

For the period ended Nov 30, 2025. Filed Jan 8, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Nov 30, 2025 · Filed Jan 8, 2026

CMC$62.28+0.1%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

Cover page

Show cover page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended November 30, 2025

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number 1-4304

COMMERCIAL METALS COMPANY

(Exact Name of Registrant as Specified in Its Charter)

Delaware75-0725338
(State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identification Number)

6565 N. MacArthur Blvd., Irving, Texas 75039

(Address of Principal Executive Offices) (Zip Code)

(214) 689-4300

(Registrant's Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(b) of the Act:

Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, $0.01 par valueCMCNew York Stock Exchange

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No¨

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes☐ No☒

As of January 2, 2026,110,907,418 shares of the registrant's common stock, par value $0.01 per share, were outstanding.

COMMERCIAL METALS COMPANY AND SUBSIDIARIES

TABLE OF CONTENTS

PART I — FINANCIAL INFORMATION3
Item 1. Financial Statements3
Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - Three months ended November 30, 2025 and 20243
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - Three months ended November 30, 2025 and 20244
Condensed Consolidated Balance Sheets (Unaudited) - November 30, 2025 and August 31, 20255
Condensed Consolidated Statements of Cash Flows (Unaudited) - Three months ended November 30, 2025 and 20246
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - Three months ended November 30, 2025 and 20248
Notes to Condensed Consolidated Financial Statements (Unaudited)9
Note 1. Nature of Operations and Significant Accounting Policies9
Note 2. Changes in Business10
Note 3. Accumulated Other Comprehensive Loss11
Note 4. Revenue Recognition11
Note 5. Inventories, Net12
Note 6. Goodwill and Other Intangibles13
Note 7. Credit Arrangements15
Note 8. Derivatives16
Note 9. Fair Value17
Note 10. Income Tax19
Note 11. Stock-Based Compensation Plans19
Note 12. Stockholders' Equity and Earnings (Loss) Per Share20
Note 13. Commitments and Contingencies20
Note 14. Segment Information21
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations24
Item 3. Quantitative and Qualitative Disclosures About Market Risk35
Item 4. Controls and Procedures35
PART II — OTHER INFORMATION36
Item 1. Legal Proceedings36
Item 1A. Risk Factors36
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds37
Item 3. Defaults Upon Senior Securities37
Item 4. Mine Safety Disclosures37
Item 5. Other Information37
Item 6. Exhibits37
Signature40
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.