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CMC (Commercial Metals Co) Pretax Margin % : 6.70% (As of Aug. 2024)


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What is Commercial Metals Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commercial Metals Co's Pre-Tax Income for the three months ended in Aug. 2024 was $134 Mil. Commercial Metals Co's Revenue for the three months ended in Aug. 2024 was $1,996 Mil. Therefore, Commercial Metals Co's pretax margin for the quarter that ended in Aug. 2024 was 6.70%.

The historical rank and industry rank for Commercial Metals Co's Pretax Margin % or its related term are showing as below:

CMC' s Pretax Margin % Range Over the Past 10 Years
Min: 1.7   Med: 5.69   Max: 17
Current: 8.02


CMC's Pretax Margin % is ranked better than
72.24% of 616 companies
in the Steel industry
Industry Median: 3.06 vs CMC: 8.02

Commercial Metals Co Pretax Margin % Historical Data

The historical data trend for Commercial Metals Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Commercial Metals Co Pretax Margin % Chart

Commercial Metals Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 7.94 17.00 12.75 8.02

Commercial Metals Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.77 11.22 6.33 7.71 6.70

Competitive Comparison of Commercial Metals Co's Pretax Margin %

For the Steel subindustry, Commercial Metals Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Commercial Metals Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Commercial Metals Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Commercial Metals Co's Pretax Margin % falls into.



Commercial Metals Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Commercial Metals Co's Pretax Margin for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=635.671/7925.972
=8.02 %

Commercial Metals Co's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=133.75/1996.149
=6.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Commercial Metals Co  (NYSE:CMC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Commercial Metals Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Commercial Metals Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial Metals Co Business Description

Traded in Other Exchanges
Address
6565 North MacArthur Boulevard, Irving, TX, USA, 75039
Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has three operating and reportable segments: North America Steel Group, Europe Steel Group and Emerging Businesses Group.
Executives
Barbara Smith director, officer: Chairman, President & CEO 6565 N. MACARTHUR BLVD., SUITE 800, IVING TX 75039
Lindsay L Sloan officer: VP, Chief Accounting Officer 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Stephen William Simpson officer: SVP, N. American Steel Group 6565 NORTH MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Peter R Matt director 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Ty L Garrison officer: SVP Operations 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Robert S Wetherbee director MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017
John R Mcpherson director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Tracy L Porter officer: EVP & Chief Operating Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Gary E Mccullough director 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Jody K Absher officer: VP General Counsel & Corp Sec 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Paul James Lawrence officer: VP & Chief Financial Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Adam R Hickey officer: VP & Chief Accounting Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Lisa M Barton director AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
J David Smith director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Charles L Szews director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039