CMC: revenue $2.48B, net income $173.0M. CMC adds precast platform via Foley/CP&P; PSG liability persists

Filed June 29, 2026 · Period ending May 31, 2026 · Compared to 10-Q Jun 24, 2025 · ~2 min read

Key Changes

• high

  Completed two precast acquisitions (Foley $1.84B, CP&P $675M) funded by $2B senior notes (5.75%/6.00%), adding $1.7B goodwill and $320M intangibles; precast contributed $175.7M Q3 sales, $52.9M EBITDA.

  Notes: Acquisitions verify on EDGAR →
• high

  PSG post-trial motion denied Sept 2025, appeal filed Oct 2025; accrued liability now $373.5M (includes $11.6M YTD post-judgment interest); filing warns cash payment 'could significantly impact liquidity' unless overturned.

  Legal Proceedings verify on EDGAR →
• high

  North America steel margin expanded to $619/ton YTD (+27% YoY), driving adjusted EBITDA to $817M (+62%); revenue rose 22.9% to $2.5B on higher pricing and volumes.

  MD&A: North America Steel verify on EDGAR →