Analysis Neutral
Commercial Metals (CMC) Q2 FY2026: EBITDA More Than Doubles as Precast Platform Arrives
Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.
- Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.