CMC targets FY29 core EBITDA of $1.65 billion-$1.8 billion

Reuters2026/08/05 10:49

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Commercial Metals set FY29 mid-cycle targets for core EBITDA of $1.65 billion-$1.8 billion on a 15%-16% core EBITDA margin.
FY29 ROIC target of 13%-14.5%.
FY29 free cash flow target of $1.38 billion-$1.53 billion.
Board authorized an incremental $600 million share repurchase program, lifting total remaining authorization to about $717 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commercial Metals Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608050649PR_NEWS_USPR_____DA19481) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

CMC targets FY29 core EBITDA of $1.65 billion-$1.8 billion

You may also like

Crypto prices