Commercial Metals Company Investor Presentation Deck slide image

Commercial Metals Company Investor Presentation Deck

Return on Invested Capital and Return on Incremental Invested Capital Deployed Reconciliations RETURN ON INCREMENTAL INVESTED CAPITAL DEPLOYED Figures in thousands $ Incremental net operating profit after tax Incremental invested capital Return on incremental invested capital deployed² CMC CHANGE FY16 to TTM Q4 '23 $751,981 $2,805,855 26.8% Earnings from continuing operations before income taxes Plus: interest expense Plus: mill operational commissioning costs Plus: acquisition and integration related costs Plus: loss on extiguishment of debt Plus: asset impairments Plus: purchase accounting effect on inventory Less: gain on sale of assets Less: New Markets Tax Credit Operating profit - adjusted Operating profit - adjusted Less: income tax at statutory rate¹ Net operating profit after tax² Assets Less: cash and cash equivalents Less: accounts payable Less: accrued expenses and other payables Invested capital (5 qtr average] Annualized net operating profit after tax Invested capital Return on invested capital ² Federal statutory rate plus state local (FY 2023 rate) TTM to Q4 '23 $1,121,967 40,127 35,827 3,780 $1,184,042 288,906 $895.136 Q4 2023 $237,908 8,259 16,131 $895,136 $5.004,340 17.9% 3,734 24.4% Q3 2023 $310,070 8,878 7,287 (17,659) $1,184,042 $266,032 $326,236 - 1 FISCAL QUARTERS Q2 2023 $235,490 9,945 6,825 Q12023 $338,499 13,045 5,584 36 - 9 [1] Measures for FY 2016 and trailing 12 months to Q4 2023 use the FY 2022 statutory rate for comparison purposes [2] See page 28 for definitions of non-GAAP measures - Q4 2022 $338,621 14,230 1,008 453 6,506 Q3 2022 $405,019 13,433 4.478 $6,639,094 $6,520,860 $6,484,851 $6,273,967 $6,237,027 $6,103,702 592,332 475,489 603,966 582,069 672,596 410,265 364,390 382.482 422,814 396,560 428,055 492,947 438,811 414,240 378,572 441,586 540,136 474,653 $5,004.340 $5,243,561 $5,248,649 $5,079,499 $4,853,752 $4,596,240 $4.725,837 3,245 2,169 (17,659) $234,637 $357,137 $360,818 $428,344 FY 2016 $75,977 62,973 11,480 40,028 (2,591) $187,867 $187,867 44.712 $143.155 $143,155 $2,198,485 6.5% Q4 2016 23.8% FISCAL QUARTERS Q3 2016 02 2016 Q1 2016 $3,130,869 $3,110,686 $3,043,511 $3,302,707 $3,372,302 517,544 483,855 381,678 637,188 485,323 207,875 236,712 225,649 253.951 302,457 263,086 236,009 210,670 246,238 279,415 $2,198,485 $2,142,364 $2,154,110 $2,225,514 $2,165,330 $2,305,107 Q4 2015 CMC: Investor Overview 27
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