Commercial Metals vs Ryerson Holding
Commercial Metals is the larger business, with $9.39bn of revenue in fiscal 2026 against $4.57bn for Ryerson Holding (2.1 times as much). Commercial Metals grew faster (20.5% against -0.6%). Commercial Metals kept more of each dollar of sales as profit: a net margin of 7.0% against -1.2%.
| Latest fiscal year | Commercial MetalsCMC, 2026 | Ryerson HoldingRYZ, 2025 |
|---|---|---|
| Revenue | $9.39bn | $4.57bn |
| Revenue growth | 20.5% | -0.6% |
| Net income | $656m | −$56.4m |
| Operating margin | — | -0.7% |
| Net margin | 7.0% | -1.2% |
| Return on equity | 14.8% | -7.2% |
| Free cash flow | $479m | $35.5m |
| Cash | $779m | $26.9m |
| Total debt | $3.41bn | $463m |
| Debt to equity | — | 61.5% |
| Dividend per share | $0.76 | $0.75 |
| Dividend yield | 1.2% | 2.0% |
| Share buybacks | $103m | $0 |
| Employees | — | 4,300 |
| Market value | $7.38bn | $1.68bn |
| Price vs our value range | Within our value range | — |
| Moat score | 48 (Moderate) | 29 (Weak) |
| Insider trades, 12 months | 3 buys, 1 sales | 0 buys, 8 sales |