Commercial Metals Company

NYSE CMC

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Commercial Metals Company Market Capitalization on June 03, 2024: USD 6.38 B

Commercial Metals Company Market Capitalization is USD 6.38 B on June 03, 2024, a 22.68% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Commercial Metals Company 52-week high Market Capitalization is USD 6.85 B on March 21, 2024, which is 7.37% above the current Market Capitalization.
  • Commercial Metals Company 52-week low Market Capitalization is USD 4.66 B on October 23, 2023, which is -26.89% below the current Market Capitalization.
  • Commercial Metals Company average Market Capitalization for the last 52 weeks is USD 6.01 B.
NYSE: CMC

Commercial Metals Company

CEO Ms. Barbara R. Smith CPA
IPO Date Jan. 1, 1987
Location United States
Headquarters 6565 N. MacArthur Blvd., Irving, TX, United States, 75039
Employees 13,022
Sector Basic Materials
Industry Steel
Description

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

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StockViz Staff

September 16, 2024

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