CMC fourth-quarter net earnings rise to $212.5 million, or $1.91 per diluted share
CMC reported fourth-quarter fiscal 2026 results for the period ended August 31, 2026. Net earnings were $212.5 million, or $1.91 per diluted share, up from $151.8 million, or $1.35 per share, a year earlier, and net sales rose 25.7% to $2.66 billion. For the first quarter of fiscal 2027, the company expects North America Steel adjusted EBITDA to be nearly flat with the fourth quarter and Construction Solutions Group adjusted EBITDA to decline sequentially.
Key points
- Fourth-quarter net earnings of $212.5 million ($1.91 diluted EPS) vs. $151.8 million ($1.35) a year earlier; adjusted EPS was $2.09
- Consolidated core EBITDA rose 35.1% year over year to $393.7 million, with a 14.8% margin
- Precast adjusted EBITDA of $57.0 million fell below management's prior expectations due to regional residential softness; an unplanned Galvabar outage hurt Performance Reinforcing Steel
- Quarterly dividend of $0.20 per share declared October 13, 2026, payable November 11, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.