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COMMERCIAL METALS vs Carpenter Technology: revenue, profit, margins and growth compared

COMMERCIAL METALS brought in $7.8B of revenue in fiscal 2025, Carpenter Technology $3.1B in fiscal 2026. Revenue changed by -1.6% at COMMERCIAL METALS and +8.6% at Carpenter Technology on the year before, so Carpenter Technology grew faster. COMMERCIAL METALS kept 1.1% of its revenue as net profit, Carpenter Technology 17.0%. Free cash flow was $312.2M at COMMERCIAL METALS and $362.3M at Carpenter Technology.

Side by side, latest fiscal year

CMCCRS
Fiscal year endedFY2025 (August 31, 2025)FY2026 (June 30, 2026)
Revenue$7.8B$3.1B
Revenue growth-1.6%+8.6%
Net income$84.7M$529.8M
Net margin1.1%17.0%
Free cash flow$312.2M$362.3M
Free cash flow margin4.0%11.6%
Earnings per share (diluted)$0.74$10.52
Cash$1B$393.3M
Debt$1.2B$690.7M
Price to earnings88.837.7
Market value$7.3B$19.7B
Dividend yield1.10%0.20%
Rank by revenue in sector#84 of 451 · Industrials#179 of 451 · Industrials

Over the years

Revenue
CMC FY2018: $4.6BCMC FY2019: $5.8BCMC FY2020: $5.5BCMC FY2021: $6.7BCMC FY2022: $8.9BCMC FY2023: $8.8BCMC FY2024: $7.9BCMC FY2025: $7.8BCRS FY2019: $2.4BCRS FY2020: $2.2BCRS FY2021: $1.5BCRS FY2022: $1.8BCRS FY2023: $2.6BCRS FY2024: $2.8BCRS FY2025: $2.9BCRS FY2026: $3.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMC $7.8BCRS $3.1B
Net income
CMC FY2018: $138.5MCMC FY2019: $198.1MCMC FY2020: $279.5MCMC FY2021: $412.9MCMC FY2022: $1.2BCMC FY2023: $859.8MCMC FY2024: $485.5MCMC FY2025: $84.7MCRS FY2019: $167MCRS FY2020: $1.5MCRS FY2021: -$229.6MCRS FY2022: -$49.1MCRS FY2023: $56.4MCRS FY2024: $186.5MCRS FY2025: $376MCRS FY2026: $529.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMC $84.7MCRS $529.8M
Net margin
CMC FY2018: 3.0%CMC FY2019: 3.4%CMC FY2020: 5.1%CMC FY2021: 6.1%CMC FY2022: 13.7%CMC FY2023: 9.8%CMC FY2024: 6.1%CMC FY2025: 1.1%CRS FY2019: 7.0%CRS FY2020: 0.1%CRS FY2021: -15.6%CRS FY2022: -2.7%CRS FY2023: 2.2%CRS FY2024: 6.8%CRS FY2025: 13.1%CRS FY2026: 17.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CMC 1.1%CRS 17.0%
Revenue growth
CMC FY2019: +25.5%CMC FY2020: -6.0%CMC FY2021: +22.9%CMC FY2022: +32.4%CMC FY2023: -1.3%CMC FY2024: -9.9%CMC FY2025: -1.6%CRS FY2020: -8.4%CRS FY2021: -32.3%CRS FY2022: +24.4%CRS FY2023: +38.9%CRS FY2024: +8.2%CRS FY2025: +4.3%CRS FY2026: +8.6%FY19FY20FY21FY22FY23FY24FY25FY26
CMC -1.6%CRS +8.6%
Free cash flow
CMC FY2018: -$608.6MCMC FY2019: -$101.8MCMC FY2020: $603.6MCMC FY2021: $44.3MCMC FY2022: $250.3MCMC FY2023: $737.4MCMC FY2024: $575.4MCMC FY2025: $312.2MCRS FY2019: $52.1MCRS FY2020: $60.4MCRS FY2021: $149.5MCRS FY2022: -$85.3MCRS FY2023: -$67.6MCRS FY2024: $178.3MCRS FY2025: $286.1MCRS FY2026: $362.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMC $312.2MCRS $362.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about COMMERCIAL METALS and Carpenter Technology

Which is bigger by revenue, COMMERCIAL METALS or Carpenter Technology?

COMMERCIAL METALS is bigger by revenue: $7.8B in fiscal 2025, against $3.1B for Carpenter Technology in fiscal 2026.

Which keeps more of its revenue as profit, COMMERCIAL METALS or Carpenter Technology?

COMMERCIAL METALS had a net margin of 1.1% in fiscal 2025; Carpenter Technology had 17.0% in fiscal 2026.

Which grew revenue faster, COMMERCIAL METALS or Carpenter Technology?

In their latest fiscal years revenue changed by -1.6% at COMMERCIAL METALS and +8.6% at Carpenter Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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