Commercial Gross Profit vs Cost Of Revenue Analysis

CMC Stock  USD 60.44  0.72  1.21%   
Commercial Metals financial indicator trend analysis is way more than just evaluating Commercial Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commercial Metals is a good investment. Please check the relationship between Commercial Metals Gross Profit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commercial Metals Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Commercial Metals' Gross Profit and Cost Of Revenue is 0.67. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Commercial Metals, assuming nothing else is changed. The correlation between historical values of Commercial Metals' Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Commercial Metals are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Commercial Metals' Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Commercial Metals minus its cost of goods sold. It is profit before Commercial Metals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Commercial Metals income statement and represents the costs associated with goods and services Commercial Metals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Commercial Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commercial Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.At present, Commercial Metals' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.9 B, whereas Selling General Administrative is forecasted to decline to about 368.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.8B1.4B1.4B
Total Revenue8.9B8.8B7.9B4.9B

Commercial Metals fundamental ratios Correlations

0.440.70.630.970.970.10.960.850.970.240.850.7-0.470.860.690.9-0.630.650.890.950.240.46-0.59-0.590.94
0.440.250.780.230.290.790.210.360.260.30.360.880.120.750.840.380.160.930.070.650.30.65-0.83-0.830.2
0.70.250.670.660.710.140.640.390.70.280.390.58-0.20.530.540.75-0.30.530.570.650.30.47-0.37-0.370.67
0.630.780.670.460.470.550.430.450.480.340.450.890.050.670.90.570.010.890.240.770.60.74-0.68-0.680.42
0.970.230.660.460.98-0.121.00.830.990.190.830.53-0.50.720.540.86-0.750.460.960.850.20.28-0.42-0.420.98
0.970.290.710.470.98-0.030.970.80.990.220.80.58-0.50.780.540.89-0.660.520.940.860.120.3-0.51-0.510.98
0.10.790.140.55-0.12-0.03-0.15-0.12-0.070.18-0.120.60.030.50.540.180.380.63-0.230.320.10.65-0.64-0.64-0.16
0.960.210.640.431.00.97-0.150.840.990.140.840.5-0.520.70.510.85-0.770.440.960.840.20.25-0.4-0.40.98
0.850.360.390.450.830.8-0.120.840.80.021.00.46-0.530.720.480.67-0.630.470.760.830.290.27-0.53-0.530.83
0.970.260.70.480.990.99-0.070.990.80.220.80.56-0.480.750.550.88-0.710.50.950.850.180.29-0.44-0.440.98
0.240.30.280.340.190.220.180.140.020.220.020.480.30.280.450.170.330.440.120.24-0.030.23-0.31-0.310.15
0.850.360.390.450.830.8-0.120.841.00.80.020.46-0.530.720.480.67-0.630.470.760.830.290.27-0.53-0.530.83
0.70.880.580.890.530.580.60.50.460.560.480.460.110.810.970.64-0.030.980.370.810.310.7-0.76-0.760.49
-0.470.12-0.20.05-0.5-0.50.03-0.52-0.53-0.480.3-0.530.11-0.410.1-0.50.640.12-0.58-0.430.08-0.170.30.3-0.5
0.860.750.530.670.720.780.50.70.720.750.280.720.81-0.410.760.79-0.320.820.640.930.060.65-0.84-0.840.69
0.690.840.540.90.540.540.540.510.480.550.450.480.970.10.760.59-0.080.950.360.820.360.74-0.71-0.710.46
0.90.380.750.570.860.890.180.850.670.880.170.670.64-0.50.790.59-0.60.580.830.850.10.52-0.56-0.560.83
-0.630.16-0.30.01-0.75-0.660.38-0.77-0.63-0.710.33-0.63-0.030.64-0.32-0.08-0.60.03-0.84-0.47-0.050.00.020.02-0.72
0.650.930.530.890.460.520.630.440.470.50.440.470.980.120.820.950.580.030.290.790.30.71-0.8-0.80.43
0.890.070.570.240.960.94-0.230.960.760.950.120.760.37-0.580.640.360.83-0.840.290.73-0.010.17-0.31-0.310.94
0.950.650.650.770.850.860.320.840.830.850.240.830.81-0.430.930.820.85-0.470.790.730.310.65-0.74-0.740.81
0.240.30.30.60.20.120.10.20.290.18-0.030.290.310.080.060.360.1-0.050.3-0.010.310.05-0.16-0.160.22
0.460.650.470.740.280.30.650.250.270.290.230.270.7-0.170.650.740.520.00.710.170.650.05-0.63-0.630.17
-0.59-0.83-0.37-0.68-0.42-0.51-0.64-0.4-0.53-0.44-0.31-0.53-0.760.3-0.84-0.71-0.560.02-0.8-0.31-0.74-0.16-0.631.0-0.4
-0.59-0.83-0.37-0.68-0.42-0.51-0.64-0.4-0.53-0.44-0.31-0.53-0.760.3-0.84-0.71-0.560.02-0.8-0.31-0.74-0.16-0.631.0-0.4
0.940.20.670.420.980.98-0.160.980.830.980.150.830.49-0.50.690.460.83-0.720.430.940.810.220.17-0.4-0.4
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Commercial Metals Account Relationship Matchups

Commercial Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.6B6.2B6.6B6.8B7.2B
Short Long Term Debt Total1.1B1.1B1.5B1.2B1.2B698.7M
Other Current Liab455.0M417.8M540.1M438.8M445.5M467.8M
Total Current Liabilities745.3M980.5M1.4B843.7M834.9M667.4M
Total Stockholder Equity1.9B2.3B3.3B4.1B4.3B4.5B
Property Plant And Equipment Net1.6B1.6B1.9B2.4B2.6B2.7B
Net Debt541.6M572.0M829.4M562.5M331.7M453.7M
Retained Earnings1.8B2.2B3.3B4.1B4.5B4.7B
Cash542.1M497.7M672.6M592.3M857.9M900.8M
Non Current Assets Total1.9B1.9B2.8B3.5B3.5B3.7B
Non Currrent Assets Other232.2M269.6M128.0M440.6M20.1M19.1M
Cash And Short Term Investments542.1M497.7M672.6M592.3M857.9M900.8M
Net Receivables880.7M1.1B1.4B1.2B1.2B681.4M
Common Stock Shares Outstanding120.3M122.0M122.4M118.6M117.2M97.0M
Liabilities And Stockholders Equity4.1B4.6B6.2B6.6B6.8B7.2B
Non Current Liabilities Total1.4B1.4B1.6B1.7B1.7B1.8B
Inventory625.4M935.4M1.2B1.0B971.8M560.2M
Other Current Assets165.9M198.1M240.3M276.0M304.1M319.4M
Other Stockholder Equity183.8M215.5M86.9M26.1M(119.2M)(113.2M)
Total Liab2.2B2.3B3.0B2.5B2.5B1.5B
Property Plant And Equipment Gross1.6B1.6B1.9B4.5B4.9B5.2B
Total Current Assets2.2B2.7B3.4B3.1B3.3B3.5B
Accumulated Other Comprehensive Income(103.8M)(84.8M)(114.5M)(3.8M)(86.0M)(90.2M)
Short Term Debt18.1M54.4M388.8M40.5M38.8M54.6M
Accounts Payable266.1M450.7M428.1M364.4M350.6M374.8M
Other Liab285.7M254.3M369.2M430.2M494.7M519.4M
Other Assets104.7M147.3M43K279.8M321.8M337.9M
Long Term Debt1.0B1.0B1.1B1.0B1.2B962.1M
Treasury Stock(197.4M)(175.1M)(152.6M)(295.8M)(266.3M)(279.6M)
Property Plant Equipment1.6B1.7B1.9B2.6B3.0B3.1B
Current Deferred Revenue6.0M23.9M250.3M28.4M35.4M33.6M
Good Will64.3M66.1M249.0M385.8M385.6M404.9M
Intangible Assets12.6M10.1M257.4M259.2M234.9M246.6M
Net Tangible Assets1.8B2.2B3.3B3.5B4.0B4.2B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Commercial Metals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Metals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Metals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Metals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Metals. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.68
Earnings Share
4.16
Revenue Per Share
68.419
Quarterly Revenue Growth
(0.1)
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.