About CMC
CMC is a company based in Irving (United States) founded in 1915. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. The company has 13,180 employees as of August 31, 2024. CMC has completed 6 acquisitions, including Advanced Steel, EDSCO and Foley Products. CMC offers products and services including Metal Recycling, Rebar Fabrication, and Zero Carbon Steel. CMC operates in a competitive market with competitors including Covanta, Vertex Energy, Lakeshore Recycling, Coastal Waste & Recycling and TerraCycle, among others.
- Headquarter Irving, United States
- Employees 13180 as on 31 Aug, 2024
- Stage Public
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Sectors
Environment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Commercial Metals Company
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Annual Revenue
$7.93 B (USD)-9.93as on Aug 31, 2024
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Net Profit
$485.49 M (USD)-43.53as on Aug 31, 2024
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EBITDA
$974.98 M (USD)-30.02as on Aug 31, 2024
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Latest Funding Round
$53.99 K (USD), Grant
Jun 01, 2018
- Investors
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Employee Count
13180
as on Aug 31, 2024
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Investments & Acquisitions
Advanced Steel
& 5 more
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IPO & Listings of CMC
CMC is a publicly listed company on the NYSE with ticker symbol CMC in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of CMC
CMC offers a comprehensive portfolio of products and services, including Metal Recycling, Rebar Fabrication, and Zero Carbon Steel.
Scrap metal is recycled into sustainable steel products.
Rebar is fabricated for various construction project needs.
Carbon-neutral steel is provided for eco-friendly construction solutions.
People of CMC
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Software Development Team
44 people
Human Resources and Administration
34 people
Leadership Team
30 people
Finance and Accounting
21 people
Sales and Marketing
20 people
Senior Team
15 people
Operations Team
11 people
Legal and Compliance
7 people
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Funding Insights of CMC
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $53,986
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First Round
First Round
(03 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Grant - CMC | Valuation |
investors |
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| May, 2018 | Amount | Debt – Conventional - CMC | Valuation |
investors |
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Investors in CMC
CMC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by CMC
CMC has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Advanced Steel, EDSCO and Foley Products.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of metal recycling and scrap services
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2004 | ||||
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Concrete construction, restoration, and engineering services are provided.
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2003 | ||||
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Provider of waste management services
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1999 |
Financial Statements - CMC
Cmc Comparisons
Competitors of CMC
CMC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Covanta, Vertex Energy, Lakeshore Recycling, Coastal Waste & Recycling and TerraCycle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of waste recycling services
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| domain | founded_year | HQ Location |
Waste recycling services in the oil industry are provided.
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| domain | founded_year | HQ Location |
Waste recycling services are provided across the United States.
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| domain | founded_year | HQ Location |
Solid waste disposal and recycling services are provided.
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| domain | founded_year | HQ Location |
Waste recycling services for hard-to-recycle plastics are provided.
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Frequently Asked Questions about CMC
CMC was founded in 1915 and raised its 1st funding round 103 years after it was founded.
CMC is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Barbara Smith is the current CEO of CMC.
As of Aug 31, 2024, the latest employee count at CMC is 13,180.
Annual revenue of CMC is $7.93B as on Aug 31, 2024.
CMC, known as Commercial Metals Company, is involved in the recycling of scrap metal into sustainable steel products. Operations span across metal recycling, mill products, and fabrication services like rebar and corrosion-resistant solutions. The company serves various sectors including construction and infrastructure, with a focus on highways, bridges, and buildings worldwide. Innovative solutions such as Zero Carbon Steel and energy-efficient micro mills are provided. Environmental sustainability is prioritized by using 100 recycled steel and reducing CO2 emissions significantly compared to industry standards.
CMC's top competitors include Vertex Energy, Covanta and Coastal Waste & Recycling.
CMC offers Metal Recycling, Rebar Fabrication, and Zero Carbon Steel.
Yes, CMC is publicly traded on NYSE under the ticker symbol CMC.
CMC has made 6 acquisitions, including Advanced Steel, EDSCO, and Foley Products.
CMC has 1 investor. Key investors include European Union.
The ticker symbol of CMC is CMC on NYSE.