CMC vs. CF

Last updated Apr 1, 2026

Compare and contrast key facts about Commercial Metals Company (CMC) and CF Industries Holdings, Inc. (CF).

Performance

CMC vs. CF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Commercial Metals Company (CMC) and CF Industries Holdings, Inc. (CF). The values are adjusted to include any dividend payments, if applicable.

CMC vs. CF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMC Commercial Metals Company	-11.04%	41.52%	0.41%	4.99%	35.05%	79.83%	-5.45%	42.81%	-23.17%	0.33%
CF CF Industries Holdings, Inc.	68.78%	-7.17%	10.08%	-4.75%	22.29%	87.18%	-15.76%	12.73%	5.13%	40.24%

Fundamentals

Market Cap CMC : $6.89B CF : $20.27B
EPS CMC : $4.48 CF : $9.09
PE Ratio CMC : 13.70 CF : 14.29
PEG Ratio CMC : 1.31 CF : 0.23
PS Ratio CMC : 0.83 CF : 2.94
PB Ratio CMC : 1.56 CF : 4.19
Total Revenue (TTM) CMC : $8.39B CF : $7.08B
Gross Profit (TTM) CMC : $1.49B CF : $2.92B
EBITDA (TTM) CMC : $905.85M CF : $3.33B

Returns By Period

In the year-to-date period, CMC achieves a -11.04% return, which is significantly lower than CF's 68.78% return. Over the past 10 years, CMC has underperformed CF with an annualized return of 15.89%, while CF has yielded a comparatively higher 18.25% annualized return.

CMC

• 1D: 2.23%
• 1M: -16.19%
• YTD: -11.04%
• 6M: 7.82%
• 1Y: 34.71%
• 3Y*: 9.21%
• 5Y*: 16.31%
• 10Y*: 15.89%

CF

• 1D: -5.64%
• 1M: 30.44%
• YTD: 68.78%
• 6M: 46.39%
• 1Y: 70.01%
• 3Y*: 24.33%
• 5Y*: 25.78%
• 10Y*: 18.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CMC vs. CF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMC

CMC Risk / Return Rank: 70
CMC Sharpe Ratio Rank: 73
CMC Sortino Ratio Rank: 68
CMC Omega Ratio Rank: 67
CMC Calmar Ratio Rank: 66
CMC Martin Ratio Rank: 74

CF

CF Risk / Return Rank: 85
CF Sharpe Ratio Rank: 89
CF Sortino Ratio Rank: 87
CF Omega Ratio Rank: 84
CF Calmar Ratio Rank: 85
CF Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CMC vs. CF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Commercial Metals Company (CMC) and CF Industries Holdings, Inc. (CF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CMC	CF	Difference
Sharpe ratio Return per unit of total volatility	0.93	1.85	-0.92
Sortino ratio Return per unit of downside risk	1.47	2.48	-1.01
Omega ratio Gain probability vs. loss probability	1.19	1.32	-0.13
Calmar ratio Return relative to maximum drawdown	1.16	2.88	-1.72
Martin ratio Return relative to average drawdown	4.26	5.43	-1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMC vs. CF - Sharpe Ratio Comparison

The current CMC Sharpe Ratio is 0.93, which is lower than the CF Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of CMC and CF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CMC	CF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.85	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.70	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.45	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.49	-0.14

Correlation

The correlation between CMC and CF is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CMC vs. CF - Dividend Comparison

CMC's dividend yield for the trailing twelve months is around 0.88%, less than CF's 1.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMC Commercial Metals Company	0.88%	1.04%	1.41%	1.28%	1.20%	1.38%	2.34%	2.16%	3.00%	2.25%	2.20%	3.51%
CF CF Industries Holdings, Inc.	1.54%	2.59%	2.34%	2.01%	1.76%	1.70%	3.10%	2.51%	2.76%	2.82%	3.81%	2.94%

Drawdowns

CMC vs. CF - Drawdown Comparison

The maximum CMC drawdown since its inception was -83.77%, which is greater than CF's maximum drawdown of -76.73%. Use the drawdown chart below to compare losses from any high point for CMC and CF.

Drawdown Indicators

	CMC	CF	Difference
Max Drawdown Largest peak-to-trough decline	-83.77%	-76.73%	-7.04%
Max Drawdown (1Y) Largest decline over 1 year	-29.96%	-24.87%	-5.09%
Max Drawdown (5Y) Largest decline over 5 years	-37.63%	-48.36%	+10.73%
Max Drawdown (10Y) Largest decline over 10 years	-53.78%	-60.74%	+6.96%
Current Drawdown Current decline from peak	-26.17%	-5.64%	-20.53%
Average Drawdown Average peak-to-trough decline	-23.56%	-25.05%	+1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.16%	13.21%	-5.05%

Volatility

CMC vs. CF - Volatility Comparison

The current volatility for Commercial Metals Company (CMC) is 12.87%, while CF Industries Holdings, Inc. (CF) has a volatility of 21.71%. This indicates that CMC experiences smaller price fluctuations and is considered to be less risky than CF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMC	CF	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.87%	21.71%	-8.84%
Volatility (6M) Calculated over the trailing 6-month period	25.83%	29.72%	-3.89%
Volatility (1Y) Calculated over the trailing 1-year period	37.61%	38.14%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.54%	37.27%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.65%	40.30%	-0.65%

Financials

CMC vs. CF - Profitability Comparison

The chart below illustrates the profitability comparison between Commercial Metals Company and CF Industries Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CMC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Commercial Metals Company reported a gross profit of 387.91M and revenue of 2.13B. Therefore, the gross margin over that period was 18.2%.

CF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported a gross profit of 769.00M and revenue of 1.87B. Therefore, the gross margin over that period was 41.1%.

CMC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Commercial Metals Company reported an operating income of 154.74M and revenue of 2.13B, resulting in an operating margin of 7.3%.

CF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported an operating income of 678.00M and revenue of 1.87B, resulting in an operating margin of 36.2%.

CMC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Commercial Metals Company reported a net income of 93.03M and revenue of 2.13B, resulting in a net margin of 4.4%.

CF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported a net income of 404.00M and revenue of 1.87B, resulting in a net margin of 21.6%.