Commercial Historical Income Statement

CMC Stock

USD 53.48 0.23 0.43%

Historical analysis of Commercial Metals income statement accounts such as Interest Expense of 30 M, Selling General Administrative of 768.4 M or Total Revenue of 10.6 B can show how well Commercial Metals performed in making a profits. Evaluating Commercial Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Commercial Metals's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Commercial Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Commercial Metals is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.

About Commercial Income Statement Analysis

Commercial Metals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Commercial Metals shareholders. The income statement also shows Commercial investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Commercial Metals Income Statement Chart

Commercial Metals Income Statement is one of the three primary financial statements used for reporting Commercial's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Commercial Metals revenue and expense. Commercial Metals Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, Commercial Metals' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.6 B, whereas Interest Expense is forecasted to decline to about 30 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Commercial Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Commercial Metals minus its cost of goods sold. It is profit before Commercial Metals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Commercial Metals. It is also known as Commercial Metals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Commercial Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Commercial Metals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.At present, Commercial Metals' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.6 B, whereas Interest Expense is forecasted to decline to about 30 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	1.8B	2.1B	2.2B
Total Revenue	8.9B	8.8B	10.1B	10.6B

Gross Profit Total Revenue

Commercial Metals income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.13	0.98	0.91	0.92	0.64	0.56	0.85	0.88	0.63	0.75	0.79	0.05	0.78	0.81	-0.66	0.08	0.82	0.72	0.14	0.8	-0.62	0.45	0.78
Interest Expense	0.13		0.25	0.23	-0.11	0.54	0.02	-0.21	-0.18	0.55	0.48	-0.24	-0.13	-0.24	-0.24	-0.71	-0.21	-0.17	-0.37	0.04	-0.31	0.38	-0.47	-0.22
Selling General Administrative	0.98	0.25		0.94	0.88	0.7	0.53	0.8	0.83	0.69	0.78	0.74	0.08	0.73	0.74	-0.73	0.07	0.78	0.68	0.16	0.73	-0.55	0.41	0.7
Total Revenue	0.91	0.23	0.94		0.89	0.79	0.63	0.83	0.85	0.79	0.73	0.8	0.31	0.8	0.77	-0.62	0.11	0.84	0.76	-0.02	0.78	-0.39	0.35	0.67
Gross Profit	0.92	-0.11	0.88	0.89		0.58	0.75	0.99	1.0	0.57	0.64	0.97	0.35	0.96	0.96	-0.4	0.05	0.97	0.91	0.1	0.97	-0.63	0.51	0.85
Other Operating Expenses	0.64	0.54	0.7	0.79	0.58		0.5	0.51	0.53	1.0	0.91	0.5	0.29	0.51	0.44	-0.69	0.1	0.55	0.42	-0.19	0.45	-0.19	0.19	0.53
Operating Income	0.56	0.02	0.53	0.63	0.75	0.5		0.78	0.77	0.5	0.48	0.83	0.66	0.84	0.76	-0.32	0.0	0.85	0.62	0.0	0.76	-0.41	0.29	0.55
Ebit	0.85	-0.21	0.8	0.83	0.99	0.51	0.78		1.0	0.51	0.56	0.99	0.42	0.99	0.98	-0.29	0.05	0.99	0.94	0.07	0.99	-0.63	0.52	0.86
Ebitda	0.88	-0.18	0.83	0.85	1.0	0.53	0.77	1.0		0.53	0.59	0.99	0.39	0.98	0.97	-0.33	0.05	0.98	0.93	0.08	0.98	-0.63	0.52	0.86
Cost Of Revenue	0.63	0.55	0.69	0.79	0.57	1.0	0.5	0.51	0.53		0.9	0.49	0.3	0.5	0.43	-0.68	0.1	0.55	0.42	-0.2	0.44	-0.17	0.18	0.51
Total Operating Expenses	0.75	0.48	0.78	0.73	0.64	0.91	0.48	0.56	0.59	0.9		0.52	0.08	0.52	0.51	-0.76	0.05	0.58	0.42	0.02	0.49	-0.45	0.33	0.67
Income Before Tax	0.79	-0.24	0.74	0.8	0.97	0.5	0.83	0.99	0.99	0.49	0.52		0.52	1.0	0.97	-0.24	0.06	0.99	0.94	0.03	0.99	-0.6	0.51	0.83
Total Other Income Expense Net	0.05	-0.13	0.08	0.31	0.35	0.29	0.66	0.42	0.39	0.3	0.08	0.52		0.54	0.42	0.06	0.09	0.52	0.51	-0.19	0.44	-0.05	0.21	0.11
Net Income	0.78	-0.24	0.73	0.8	0.96	0.51	0.84	0.99	0.98	0.5	0.52	1.0	0.54		0.96	-0.24	0.09	1.0	0.94	0.02	0.99	-0.6	0.52	0.82
Income Tax Expense	0.81	-0.24	0.74	0.77	0.96	0.44	0.76	0.98	0.97	0.43	0.51	0.97	0.42	0.96		-0.23	0.06	0.95	0.91	0.05	0.98	-0.61	0.51	0.85
Minority Interest	-0.66	-0.71	-0.73	-0.62	-0.4	-0.69	-0.32	-0.29	-0.33	-0.68	-0.76	-0.24	0.06	-0.24	-0.23		0.0	-0.32	-0.09	-0.19	-0.17	0.31	-0.19	-0.2
Discontinued Operations	0.08	-0.21	0.07	0.11	0.05	0.1	0.0	0.05	0.05	0.1	0.05	0.06	0.09	0.09	0.06	0.0		0.06	0.08	-0.58	0.1	-0.3	0.35	0.1
Net Income From Continuing Ops	0.82	-0.17	0.78	0.84	0.97	0.55	0.85	0.99	0.98	0.55	0.58	0.99	0.52	1.0	0.95	-0.32	0.06		0.92	0.05	0.98	-0.61	0.51	0.81
Non Operating Income Net Other	0.72	-0.37	0.68	0.76	0.91	0.42	0.62	0.94	0.93	0.42	0.42	0.94	0.51	0.94	0.91	-0.09	0.08	0.92		0.04	0.95	-0.54	0.53	0.79
Non Recurring	0.14	0.04	0.16	-0.02	0.1	-0.19	0.0	0.07	0.08	-0.2	0.02	0.03	-0.19	0.02	0.05	-0.19	-0.58	0.05	0.04		0.02	-0.18	-0.02	-0.02
Tax Provision	0.8	-0.31	0.73	0.78	0.97	0.45	0.76	0.99	0.98	0.44	0.49	0.99	0.44	0.99	0.98	-0.17	0.1	0.98	0.95	0.02		-0.62	0.52	0.86
Interest Income	-0.62	0.38	-0.55	-0.39	-0.63	-0.19	-0.41	-0.63	-0.63	-0.17	-0.45	-0.6	-0.05	-0.6	-0.61	0.31	-0.3	-0.61	-0.54	-0.18	-0.62		-0.85	-0.66
Net Interest Income	0.45	-0.47	0.41	0.35	0.51	0.19	0.29	0.52	0.52	0.18	0.33	0.51	0.21	0.52	0.51	-0.19	0.35	0.51	0.53	-0.02	0.52	-0.85		0.49
Reconciled Depreciation	0.78	-0.22	0.7	0.67	0.85	0.53	0.55	0.86	0.86	0.51	0.67	0.83	0.11	0.82	0.85	-0.2	0.1	0.81	0.79	-0.02	0.86	-0.66	0.49

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Commercial Metals Account Relationship Matchups

Commercial Metals income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	165.8M	167.6M	175.0M	218.8M	251.7M	264.2M
Interest Expense	61.8M	51.9M	50.7M	40.1M	46.1M	30.0M
Selling General Administrative	504.6M	496.3M	545.0M	636.3M	731.8M	768.4M
Total Revenue	5.5B	6.7B	8.9B	8.8B	10.1B	10.6B
Gross Profit	944.8M	1.1B	1.9B	1.8B	2.1B	2.2B
Other Operating Expenses	5.0B	6.1B	7.6B	7.6B	8.8B	4.5B
Operating Income	440.2M	609.5M	1.3B	478.4M	550.2M	577.7M
Ebit	440.2M	609.5M	1.3B	1.2B	1.3B	1.4B
Ebitda	606.0M	777.2M	1.5B	1.4B	1.6B	1.7B
Cost Of Revenue	4.5B	5.6B	7.1B	7.0B	8.0B	4.2B
Total Operating Expenses	504.6M	496.3M	545.0M	643.5M	740.1M	373.4M
Income Before Tax	370.8M	534.0M	1.5B	1.1B	1.3B	1.4B
Total Other Income Expense Net	(69.4M)	(75.5M)	203.7M	(6.3M)	(5.7M)	(5.9M)
Net Income	279.5M	412.9M	1.2B	859.8M	988.7M	1.0B
Income Tax Expense	92.5M	121.2M	297.9M	262.2M	301.5M	316.6M
Net Income Applicable To Common Shares	279.5M	412.9M	1.2B	859.8M	988.7M	1.0B
Minority Interest	186K	196K	212K	232K	208.8K	198.4K
Net Income From Continuing Ops	278.3M	412.9M	1.2B	859.8M	988.7M	1.0B
Tax Provision	92.5M	121.2M	297.9M	262.2M	301.5M	316.6M
Interest Income	61.8M	51.9M	50.7M	40.1M	36.1M	45.1M
Net Interest Income	(61.8M)	(51.9M)	(50.7M)	(40.1M)	(46.1M)	(48.5M)
Reconciled Depreciation	165.8M	167.6M	175.0M	218.8M	251.7M	179.6M

Pair Trading with Commercial Metals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commercial Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commercial Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Commercial Stock

0.82

NUE

Nucor Corp Sell-off Trend

Pair Corr

Moving against Commercial Stock

0.61	NC	NACCO Industries	Pair Corr
0.59	VALE	Vale SA ADR	Pair Corr
0.53	X	United States Steel Earnings Call Tomorrow	Pair Corr

The ability to find closely correlated positions to Commercial Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commercial Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commercial Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commercial Metals to buy it.

The correlation of Commercial Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commercial Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commercial Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Commercial Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Commercial Metals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Metals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Metals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Metals Stock:

How To Invest In Commercial

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Is Commercial Stock a good investment?

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What is Commercial Metals' Net Worth?

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For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Commercial Metals' price analysis, check to measure Commercial Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commercial Metals is operating at the current time. Most of Commercial Metals' value examination focuses on studying past and present price action to predict the probability of Commercial Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Metals' price. Additionally, you may evaluate how the addition of Commercial Metals to your portfolios can decrease your overall portfolio volatility.

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Is Commercial Metals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Metals. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.52)

Dividend Share

0.64

Earnings Share

5.76

Revenue Per Share

71.999

Quarterly Revenue Growth

(0.08)

The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Commercial Historical Income Statement

About Commercial Income Statement Analysis

Commercial Metals Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Commercial Metals income statement Correlations

Commercial Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Commercial Metals income statement Accounts

Pair Trading with Commercial Metals

Moving together with Commercial Stock

Moving against Commercial Stock

Complementary Tools for Commercial Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Net Income
Ebit	+ 0.99	Gross Profit

Net Interest Income	- 0.85	Interest Income
Minority Interest	- 0.76	Total Operating Expenses
Minority Interest	- 0.73	Selling General Administrative
Minority Interest	- 0.71	Interest Expense
Minority Interest	- 0.69	Other Operating Expenses
Minority Interest	- 0.68	Cost Of Revenue