Stocks Comparison
COMMERCIAL METALS vs Steel Dynamics: revenue, profit, margins and growth compared
COMMERCIAL METALS brought in $9.4B of revenue in fiscal 2026, Steel Dynamics $18.2B in fiscal 2025. Revenue changed by +20.5% at COMMERCIAL METALS and +3.6% at Steel Dynamics on the year before, so COMMERCIAL METALS grew faster. COMMERCIAL METALS kept 7.0% of its revenue as net profit, Steel Dynamics 6.5%. Free cash flow was $479.1M at COMMERCIAL METALS and $501.5M at Steel Dynamics.
Side by side, latest fiscal year
| CMC | STLD | |
|---|---|---|
| Fiscal year ended | FY2026 (August 31, 2026) | FY2025 (December 31, 2025) |
| Revenue | $9.4B | $18.2B |
| Revenue growth | +20.5% | +3.6% |
| Net income | $655.8M | $1.2B |
| Net margin | 7.0% | 6.5% |
| Free cash flow | $479.1M | $501.5M |
| Free cash flow margin | 5.1% | 2.8% |
| Earnings per share (diluted) | $5.86 | $7.99 |
| Cash | $778.9M | $769.9M |
| Debt | $3.2B | $4.2B |
| Price to earnings | 11.0 | 29.6 |
| Market value | $7.1B | $33.8B |
| Dividend yield | 1.18% | 0.85% |
| Rank by revenue in sector | #74 of 603 · Industrials | #33 of 603 · Industrials |
Over the years
Questions about COMMERCIAL METALS and Steel Dynamics
Which is bigger by revenue, COMMERCIAL METALS or Steel Dynamics?
Steel Dynamics is bigger by revenue: $18.2B in fiscal 2025, against $9.4B for COMMERCIAL METALS in fiscal 2026.
Which keeps more of its revenue as profit, COMMERCIAL METALS or Steel Dynamics?
COMMERCIAL METALS had a net margin of 7.0% in fiscal 2026; Steel Dynamics had 6.5% in fiscal 2025.
Which grew revenue faster, COMMERCIAL METALS or Steel Dynamics?
In their latest fiscal years revenue changed by +20.5% at COMMERCIAL METALS and +3.6% at Steel Dynamics.
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.