Commercial Metals vs Worthington Steel
Commercial Metals is the larger business, with $9.39bn of revenue in fiscal 2026 against $3.44bn for Worthington Steel (2.7 times as much). Commercial Metals grew faster (20.5% against 11.3%). Commercial Metals kept more of each dollar of sales as profit: a net margin of 7.0% against 0.2%.
| Latest fiscal year | Commercial MetalsCMC, 2026 | Worthington SteelWS, 2026 |
|---|---|---|
| Revenue | $9.39bn | $3.44bn |
| Revenue growth | 20.5% | 11.3% |
| Net income | $656m | $8.5m |
| Operating margin | — | — |
| Net margin | 7.0% | 0.2% |
| Return on equity | 14.8% | 0.8% |
| Free cash flow | $479m | $80.0m |
| Cash | $779m | $84.6m |
| Total debt | $3.41bn | $257m |
| Debt to equity | — | — |
| Dividend per share | $0.76 | $0.64 |
| Dividend yield | 1.2% | 1.6% |
| Share buybacks | $103m | — |
| Employees | — | — |
| Market value | $7.38bn | $2.05bn |
| Price vs our value range | Within our value range | — |
| Moat score | 48 (Moderate) | — |
| Insider trades, 12 months | 3 buys, 1 sales | 2 buys, 11 sales |