1、BUILDING OUR VISIONA N N U A L R E P O R T 2 0 2 3Strength is our foundation:steel,stability,integrity.vision and our commitment to meet the challenges of a new era.A stronger,more sustainable future lies just over the horizon.We know.Were helping build it.Our new brand identity represents the visua
2、l expression of our evolvingBy reducing our impact on the environment,we see a future of clean air and blue skies.3A Y E A R O F G R O W T H A N D T R A N S I T I O N2023At CMC,we never stand still.Were always embracing new challenges,testing the limits,rethinking whats possible.In our experience,it
3、s how we grow.This year is no exception.From building new micro mills that bolster our ability to serve current markets to acquiring new companies that expand the range of products and services we offer,CMC is aggressively fulfilling our vision of becoming a more complete provider of construction so
4、lutions.True leaders never stop moving forward.Year Ended August 3120232022Net sales$8,799,533$8,913,481 Net earnings 859,760 1,217,262Adjusted earnings1 877,099 1,001,873Diluted earnings per share7.25 9.95Adjusted earnings per diluted share17.40 8.19Adjusted EBITDA11,384,704 1,745,806Core EBITDA11,
5、459,520 1,552,847 Net working capital2,300,441 2,084,481 Cash dividends per share0.64 0.56 Cash dividends paid74,936 67,749 Stockholders equity4,120,873 3,286,197 Stockholders equity attributable to CMC per share 35.37 27.97 Total assets6,639,094 6,237,027 Average diluted shares outstanding118,606,2
6、71 122,372,386(in thousands,except share and per share data)1 For a reconciliation of non-GAAP financial measures,see the supplemental information posted to the investor relations section of our website at F I N A N C I A L H I G H L I G H T S 2 0 2 3C O N T E N T SCMC is an innovative solutions pro