Commercial Metals Company (CMC) purchases and processes scrap metals for use as raw materials by manufacturers of new metal products. CMC produces finished long steel products, including rebar and merchant bar, as well as semi-finished billets and wire rod.
Operating Margin for Commercial Metals Company (CMC)
Operating Margin as of April 2024 (TTM): 16.99%
According to Commercial Metals Company's latest financial reports and stock price the company's current Operating Margin is 16.99%. At the end of 2022 the company had an Operating Margin of 17.00%.
Operating Margin history for Commercial Metals Company from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.00% | 114.22% |
| 2021 | 7.94% | 17.2% |
| 2020 | 6.77% | 47% |
| 2019 | 4.61% | 29.32% |
| 2018 | 3.56% | 261.63% |
| 2017 | 0.98% | -46.7% |
| 2016 | 1.85% | -54.75% |
| 2015 | 4.08% | 98.51% |
| 2014 | 2.06% | 6.61% |
| 2013 | 1.93% | -7.21% |
| 2012 | 2.08% | -249.56% |
| 2011 | -1.39% | -57.15% |
| 2010 | -3.24% | -791.81% |
| 2009 | 0.47% | -85.43% |
| 2008 | 3.22% | -50.44% |
| 2007 | 6.49% | -11.51% |
| 2006 | 7.34% | 9.2% |
| 2005 | 6.72% | 51.19% |
| 2004 | 4.44% | 320.58% |
| 2003 | 1.06% | -59.04% |
| 2002 | 2.58% | 60.29% |
| 2001 | 1.61% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Nucor
NUE | 24.67% | 45.20% | 🇺🇸 USA |
 ArcelorMittal MT | 14.09% | -17.07% | 🇱🇺 Luxembourg |
 Worthington Industries
WOR | 7.02% | -58.68% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.55% | 32.73% | 🇺🇸 USA |
 Radius Recycling (Schnitzer Steel)
RDUS | 2.70% | -84.11% | 🇺🇸 USA |
 Grupo Simec SIM | 15.00% | -11.71% | 🇲🇽 Mexico |
 U.S. Steel
X | 9.14% | -46.20% | 🇺🇸 USA |
 Mueller Industries
MLI | 23.57% | 38.73% | 🇺🇸 USA |
 Gerdau GGB | 16.53% | -2.71% | 🇧🇷 Brazil |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.