In the products and service we provide to our customers. In the ways we help improve the world around us. In the expectations we set for ourselves. It's just who we are. On the production floor, inside our engineering offices, during customer visits, around the conference tables of our executive management, we come together at every level to embrace the challenges thrown our way-and find new ways to overcome them. In the process, we continually emerge smarter, more capable, better prepared for what comes next. At CMC, we never stop striving to raise the bar of
what's possible.
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F I N A N C I A L H I G H L I G H T S 2 0 2 2
(in thousands, except share and per share data)
Year Ended August 31
2022
2021
Net sales
$8,913,481
$6,729,760
Net earnings
1,217,262
412,865
Adjusted earnings1
1,001,873
430,891
Diluted earnings per share
9.95
3.38
Adjusted earnings per diluted share1
8.19
3.53
Adjusted EBITDA1
1,745,806
754,284
Core EBITDA1
1,552,847
814,028
Net working capital
2,084,481
1,756,355
Cash dividends per share
0.56
0.48
Cash dividends paid
67,749
57,766
Stockholders' equity
3,286,197
2,294,877
Stockholders' equity attributable to CMC per share
27.97
19.03
Total assets
6,237,027
4,638,671
Average diluted shares outstanding
122,372,386
121,983,497
1 For a reconciliation of non-GAAP financial measures, see the supplemental information posted to the investor relations section of our website at www.cmc.com
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C O N T E N T S
Letter to Stockholders
Company Overview
Inspired Growth
Innovation Raises the Bar
Building a Sustainable Future
Living our Values
2022 Results
Selected Financial Data
Board & Executive Management
10-K
Inside back cover
Corporate Information
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace ("EAF") mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction- related product warehouses and metal recycling facilities in the United States and Poland. Through its Tensar operations, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.
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Commercial Metals Company published this content on 05 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2022 17:11:06 UTC.
Commercial Metals Company is engaged in offering products and technologies for the global construction sector through manufacturing network principally located in the United States and Central Europe. The Companyâs solutions support construction across a variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. Its segments include North America and Europe. The North America segment provides a diverse offering of products and solutions to support the construction sector composed primarily of a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Companyâs 43 scrap metal recycling facilities, primarily located in the southeast and central United States process ferrous and nonferrous scrap metals. The Europe segment is composed primarily of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland.
COMMERCIAL METALS COMPANY 
