Commercial Metals Debt-to-Equity Ratio Growth & History (CMC)
Commercial Metals's debt-to-equity ratio was 0.37 for fiscal 2025.
View full Commercial Metals company overviewCommercial Metals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-31 | 0.37 | 0.05 | +14.70% |
| 2024 | 2024-08-31 | 0.32 | −0.00 | −0.86% |
| 2023 | 2023-08-31 | 0.32 | −0.18 | −36.02% |
| 2022 | 2022-08-31 | 0.50 | −0.02 | −3.41% |
| 2021 | 2021-08-31 | 0.52 | −0.12 | −18.89% |
| 2020 | 2020-08-31 | 0.64 | −0.13 | −16.73% |
| 2019 | 2019-08-31 | 0.77 | −0.01 | −1.37% |
| 2018 | 2018-08-31 | 0.78 | 0.19 | +31.90% |
| 2017 | 2017-08-31 | 0.59 | −0.19 | −24.49% |
| 2016 | 2016-08-31 | 0.79 | −0.15 | −15.63% |
| 2015 | 2015-08-31 | 0.93 | −0.02 | −2.45% |
| 2014 | 2014-08-31 | 0.96 | −0.06 | −5.45% |
| 2013 | 2013-08-31 | 1.01 | 0.08 | +8.51% |
| 2012 | 2012-08-31 | 0.93 | −0.13 | −11.84% |
| 2011 | 2011-08-31 | 1.06 | 0.07 | +6.78% |
| 2010 | 2010-08-31 | 0.99 | — | — |
Commercial Metals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-05-31 | 0.81 | 0.48 | +143.86% |
| Q2 2026 | 2026-02-28 | 0.82 | 0.52 | +174.50% |
| Q1 2026 | 2025-11-30 | 0.78 | 0.48 | +162.21% |
| Q4 2025 | 2025-08-31 | 0.37 | 0.05 | +14.70% |
| Q3 2025 | 2025-05-31 | 0.33 | 0.05 | +16.40% |
| Q2 2025 | 2025-02-28 | 0.30 | 0.02 | +8.07% |
| Q1 2025 | 2024-11-30 | 0.30 | 0.02 | +8.16% |
| Q4 2024 | 2024-08-31 | 0.32 | −0.00 | −0.86% |
| Q3 2024 | 2024-05-31 | 0.28 | −0.01 | −2.31% |
| Q2 2024 | 2024-02-29 | 0.28 | −0.09 | −23.72% |
| Q1 2024 | 2023-11-30 | 0.28 | −0.10 | −26.60% |
| Q4 2023 | 2023-08-31 | 0.32 | −0.18 | −36.02% |
| Q3 2023 | 2023-05-31 | 0.29 | −0.25 | −45.88% |
| Q2 2023 | 2023-02-28 | 0.36 | −0.20 | −35.08% |
| Q1 2023 | 2022-11-30 | 0.38 | −0.11 | −22.22% |
| Q4 2022 | 2022-08-31 | 0.50 | −0.02 | −3.41% |
| Q3 2022 | 2022-05-31 | 0.54 | — | — |
| Q2 2022 | 2022-02-28 | 0.56 | −0.02 | −3.69% |
| Q1 2022 | 2021-11-30 | 0.48 | −0.15 | −23.51% |
| Q4 2021 | 2021-08-31 | 0.52 | −0.12 | −18.89% |
| Q2 2021 | 2021-02-28 | 0.58 | −0.16 | −21.59% |
| Q1 2021 | 2020-11-30 | 0.63 | −0.14 | −18.52% |
| Q4 2020 | 2020-08-31 | 0.64 | −0.13 | −16.73% |
| Q3 2020 | 2020-05-31 | 0.73 | −0.15 | −17.26% |
| Q2 2020 | 2020-02-29 | 0.74 | −0.20 | −21.19% |
| Q1 2020 | 2019-11-30 | 0.77 | −0.13 | −14.57% |
| Q4 2019 | 2019-08-31 | 0.77 | −0.01 | −1.37% |
| Q3 2019 | 2019-05-31 | 0.88 | 0.07 | +8.85% |
| Q2 2019 | 2019-02-28 | 0.94 | 0.37 | +65.39% |
| Q1 2019 | 2018-11-30 | 0.91 | 0.33 | +56.16% |
| Q4 2018 | 2018-08-31 | 0.78 | 0.19 | +31.90% |
| Q3 2018 | 2018-05-31 | 0.81 | 0.05 | +7.15% |
| Q2 2018 | 2018-02-28 | 0.57 | −0.22 | −27.44% |
| Q1 2018 | 2017-11-30 | 0.58 | −0.23 | −28.05% |
| Q4 2017 | 2017-08-31 | 0.59 | −0.19 | −24.49% |
| Q3 2017 | 2017-05-31 | 0.75 | −0.04 | −4.91% |
| Q2 2017 | 2017-02-28 | 0.78 | −0.02 | −2.31% |
| Q1 2017 | 2016-11-30 | 0.81 | −0.14 | −14.37% |
| Q4 2016 | 2016-08-31 | 0.79 | −0.15 | −15.63% |
| Q3 2016 | 2016-05-31 | 0.79 | −0.16 | −16.95% |
| Q2 2016 | 2016-02-29 | 0.80 | −0.18 | −18.42% |
| Q1 2016 | 2015-11-30 | 0.94 | −0.02 | −2.42% |
| Q4 2015 | 2015-08-31 | 0.93 | −0.02 | −2.45% |
| Q3 2015 | 2015-05-31 | 0.95 | 0.00 | +0.22% |
| Q2 2015 | 2015-02-28 | 0.98 | 0.02 | +2.42% |
| Q1 2015 | 2014-11-30 | 0.96 | −0.01 | −0.56% |
| Q4 2014 | 2014-08-31 | 0.96 | −0.06 | −5.45% |
| Q3 2014 | 2014-05-31 | 0.95 | −0.16 | −14.31% |
| Q2 2014 | 2014-02-28 | 0.96 | 0.07 | +7.92% |
| Q1 2014 | 2013-11-30 | 0.97 | 0.09 | +9.63% |
| Q4 2013 | 2013-08-31 | 1.01 | 0.08 | +8.51% |
| Q3 2013 | 2013-05-31 | 1.11 | 0.14 | +13.95% |
| Q2 2013 | 2013-02-28 | 0.89 | −0.05 | −5.34% |
| Q1 2013 | 2012-11-30 | 0.88 | −0.09 | −9.57% |
| Q4 2012 | 2012-08-31 | 0.93 | −0.13 | −11.84% |
| Q3 2012 | 2012-05-31 | 0.97 | 0.06 | +6.14% |
| Q2 2012 | 2012-02-29 | 0.94 | −0.02 | −1.97% |
| Q1 2012 | 2011-11-30 | 0.98 | −0.03 | −3.26% |
| Q4 2011 | 2011-08-31 | 1.06 | 0.07 | +6.78% |
| Q3 2011 | 2011-05-31 | 0.92 | — | — |
| Q2 2011 | 2011-02-28 | 0.96 | — | — |
| Q1 2011 | 2010-11-30 | 1.01 | — | — |
| Q4 2010 | 2010-08-31 | 0.99 | — | — |
Commercial Metals debt-to-equity ratio trends
Over the last five fiscal years, Commercial Metals's debt-to-equity ratio decreased from 0.64 to 0.37, a change of −0.28. The latest reported quarter, Q3 2026, shows 0.81.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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