Commercial Metals Company Financial Statements — CMC Stock

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	6,409	6,277	7,667	7,656	6,601	6,790	5,424	3,596	3,844	4,644	5,829	5,476	6,730	8,913	8,800
+ Sales & Services Revenue	6,409	6,277	7,667	7,656	6,601	6,790	5,424	3,596	3,844	4,644	5,829	5,476	6,730	8,913	8,800
- Cost of Revenue	5,712	5,851	7,037	6,940	5,952	6,096	4,828	3,022	3,323	4,022	5,026	4,532	5,624	7,057	6,988
+ Cost of Goods & Services	5,712	5,851	7,037	6,940	5,952	6,096	4,828	3,022	3,323	4,022	5,026	4,532	5,624	7,057	6,988
Gross Profit	697	426	629	717	649	694	597	574	521	622	803	945	1,106	1,856	1,812
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	618	509	509	482	440	449	414	384	387	401	463	507	505	545	644
+ Selling, General & Admin	618	509	509	482	440	449	414	384	387	401	463	507	505	545	644
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	79	-83	120	235	210	245	183	190	134	221	340	438	601	1,311	1,168
- Non-Operating (Income) Loss	77	78	94	70	47	80	86	114	69	55	72	67	67	-204	46
+ Interest Expense, Net	77	74	70	69	68	77	76	63	44	41	71	62	52	51	40
+ Interest Expense	77	74	70	69	68	77	76	63	44	41	71	62	52	51	40
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	4	24	1	-22	3	10	52	24	14	- -	5	15	-254	6
Pretax Income	2	-161	26	165	163	165	96	76	65	165	268	371	534	1,515	1,122
- Income Tax Expense (Benefit)	1	-62	15	-46	58	47	33	14	15	30	70	92	121	298	262
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	-99	12	211	105	118	63	62	50	135	199	278	413	1,217	860
- Net Extraordinary Losses (Gains)	-20	106	141	3	27	4	-16	7	4	-3	1	-1	- -	- -	- -
+ Discontinued Operations	19	-106	-141	-3	-27	-4	16	-7	-4	3	-1	1	- -	- -	- -
+ Extraord. & Accounting Changes	-39	212	282	6	55	9	-33	14	8	-7	1	-2	- -	- -	- -
Income (Loss) Incl. MI	21	-206	-130	207	77	113	79	55	46	139	198	280	413	1,217	860
- Minority Interest	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	21	-205	-130	207	77	113	79	55	46	139	198	280	413	1,217	860
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	21	-205	-130	207	77	113	79	55	46	139	198	280	413	1,217	860
Basic Weighted Avg Shares	112	114	115	116	117	117	117	115	116	117	118	119	120	121	117
Basic EPS, GAAP	0.19	-1.81	-1.13	1.79	0.66	0.96	0.68	0.48	0.4	1.19	1.68	2.35	3.43	10.09	7.34
Basic EPS from Cont Ops	0.01	-0.88	0.1	1.82	0.9	1	0.54	0.54	0.43	1.16	1.69	2.34	3.43	10.09	7.34
Diluted Weighted Avg Shares	114	114	115	117	118	119	118	117	117	118	119	120	122	122	119
Diluted EPS, GAAP	0.18	-1.81	-1.13	1.78	0.66	0.95	0.67	0.47	0.39	1.17	1.66	2.32	3.38	9.95	7.25
Diluted EPS from Cont Ops	0.01	-0.88	0.1	1.8	0.89	0.99	0.53	0.53	0.43	1.14	1.67	2.31	3.38	9.95	7.25
EBITDA	234	85	280	372	346	381	316	317	259	352	499	604	768	1,486	1,387
EBITDA Margin (%)	3.64	1.36	3.65	4.86	5.24	5.62	5.82	8.83	6.74	7.59	8.56	11.02	11.42	16.68	15.76
EBITA	79	-83	120	235	210	245	183	190	134	221	340	438	601	1,311	1,168
EBIT	79	-83	120	235	210	245	183	190	134	221	340	438	601	1,311	1,168
Gross Margin (%)	10.88	6.78	8.21	9.36	9.83	10.22	11	15.97	13.56	13.4	13.78	17.25	16.43	20.83	20.59
Operating Margin (%)	1.23	-1.33	1.57	3.07	3.18	3.61	3.37	5.3	3.49	4.75	5.84	7.99	8.93	14.71	13.28
Profit Margin (%)	0.32	-3.27	-1.69	2.71	1.17	1.67	1.46	1.52	1.21	2.98	3.4	5.1	6.13	13.66	9.77
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.56	0.64
Depreciation Expense	155	169	160	137	137	136	133	127	125	132	159	166	168	175	219

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	1,998	2,175	2,326	2,240	2,366	2,554	2,380	2,048	1,714	2,077	2,080	2,214	2,737	3,441	3,144
+ Cash, Cash Equivalents & STI	406	399	222	262	379	435	485	518	253	622	192	542	498	673	592
+ Cash & Cash Equivalents	406	399	222	262	379	435	485	518	253	622	192	542	498	673	592
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	731	824	957	958	990	1,028	901	689	561	749	1,016	881	1,106	1,359	1,240
+ Accounts Receivable, Net	731	824	957	958	990	1,028	901	689	561	749	1,016	881	1,106	1,359	1,240
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	679	675	908	808	757	935	880	540	463	589	692	625	935	1,170	1,036
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	124	286	272	262
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	9	7
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	642	888	767
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	679	675	908	808	757	935	880	540	463	589	692	501	- -	- -	- -
+ Other ST Assets	182	277	239	211	240	155	114	301	437	116	179	166	198	240	276
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1,690	1,531	1,357	1,201	1,129	1,135	1,060	1,083	1,261	1,251	1,679	1,868	1,902	2,796	3,495
+ Property, Plant & Equip, Net	1,351	1,232	1,112	994	940	925	884	895	1,052	1,075	1,501	1,571	1,566	1,911	2,409
+ Property, Plant & Equip	2,365	2,341	2,310	2,260	2,252	2,333	2,295	2,323	2,573	2,671	3,197	3,399	3,499	3,885	4,534
- Accumulated Depreciation	1,013	1,108	1,198	1,266	1,312	1,408	1,411	1,428	1,521	1,596	1,696	1,828	1,933	1,974	2,124
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	339	299	245	207	188	210	176	188	210	176	178	297	336	885	1,086
+ Total Intangible Assets	74	72	110	102	90	104	83	79	78	78	77	77	76	507	645
+ Goodwill	74	72	78	77	70	74	66	66	65	64	64	64	66	249	386
+ Other Intangible Assets	- -	- -	32	25	20	30	16	13	13	14	13	13	10	258	259
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	264	227	135	105	99	106	93	109	132	98	100	220	259	378	441
Total Assets	3,688	3,706	3,683	3,441	3,495	3,689	3,440	3,131	2,975	3,328	3,759	4,082	4,639	6,237	6,639
+ Payables & Accruals	781	1,056	1,134	872	770	871	593	471	501	492	603	682	926	968	803
+ Accounts Payable	454	731	756	529	455	549	302	208	226	261	288	266	451	428	364
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	27	39	43	58	- -	- -
+ Interest & Dividends Payable	- -	- -

Commercial Metals Company

Income Statement

Balance Sheet