CNM

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Core & Main, Inc.

Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $41.38
52-Week Range: $40.03 – $59.66
Market Cap: $7.63B
P/E (TTM): 17.02
EPS (TTM): 2.43
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 3.75
PEG Ratio: 1.42
Return on Equity: 23.56%
Return on Assets: 7.13%
Gross Margin: 27.05%
Operating Margin: 10.58%
Profit Margin: 5.96%
Current Ratio: 2.47
Debt/Equity: 1.31
Total Debt: $2.75B
Free Cash Flow: $477.00M
Revenue Growth: 2.50%
Earnings Growth: 9.20%
Enterprise Value: $10.13B

CNM Income statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Revenue	$6.65B	$6.70B	$7.44B	$7.65B
Cost of Revenue	$4.86B	$4.88B	$5.46B	$5.59B
Gross Profit	$1.79B	$1.82B	$1.98B	$2.06B
Selling, General & Admin	$880.00M	$931.00M	$1.08B	$1.15B
Operating Expenses	$1.02B	$1.08B	$1.26B	$1.34B
Operating Income	$775.00M	$740.00M	$719.00M	$722.00M
EBITDA	$923.00M	$894.00M	$913.00M	$919.00M
Pretax Income	$709.00M	$659.00M	$577.00M	$607.00M
Income Tax	$128.00M	$128.00M	$143.00M	$145.00M
Net Income	$366.00M	$371.00M	$411.00M	$441.00M
Diluted EPS	2.13	2.15	2.13	2.31
Diluted Shares	246.22M	227.82M	201.44M	197.86M

CNM Balance Sheet statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Cash & Equivalents	$177.00M	$1.00M	$8.00M	$220.00M
Receivables	$955.00M	$973.00M	$1.07B	$1.05B
Inventory	$1.05B	$766.00M	$908.00M	$986.00M
Current Assets	$2.21B	$1.77B	$2.02B	$2.30B
Total Assets	$4.91B	$5.07B	$5.87B	$6.08B
Current Liabilities	$726.00M	$774.00M	$866.00M	$874.00M
Long-Term Debt	$1.44B	$1.86B	$2.24B	$2.12B
Total Debt	$1.63B	$2.07B	$2.51B	$2.44B
Total Liabilities	$2.50B	$3.54B	$4.10B	$4.01B
Retained Earnings	$458.00M	$189.00M	$449.00M	$755.00M
Shareholders' Equity	$1.75B	$1.45B	$1.70B	$2.00B
Working Capital	$1.49B	$999.00M	$1.16B	$1.43B
Net Debt	$1.28B	$1.88B	$2.25B	$1.93B

CNM Cash Flow statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Operating Cash Flow	$401.00M	$1.07B	$621.00M	$650.00M
Capital Expenditure	-$25.00M	-$39.00M	-$35.00M	-$46.00M
Free Cash Flow	$376.00M	$1.03B	$586.00M	$604.00M
Depreciation & Amortisation	$148.00M	$154.00M	$194.00M	$192.00M
Stock-Based Compensation	$11.00M	$10.00M	$14.00M	$17.00M
Investing Cash Flow	-$152.00M	-$270.00M	-$788.00M	-$145.00M
Financing Cash Flow	-$73.00M	-$975.00M	$174.00M	-$293.00M
Net Change in Cash	$176.00M	-$176.00M	$7.00M	$212.00M

CNM Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Revenue	$1.91B	$2.09B	$2.06B	$1.58B	$1.91B	$2.15B
Cost of Revenue	$1.40B	$1.53B	$1.50B	$1.15B	$1.39B	$1.57B
Gross Profit	$510.00M	$560.00M	$561.00M	$428.00M	$520.00M	$573.00M
Selling, General & Admin	$293.00M	$302.00M	$295.00M	$264.00M	$299.00M	$301.00M
Operating Expenses	$339.00M	$347.00M	$341.00M	$310.00M	$343.00M	$346.00M
Operating Income	$171.00M	$213.00M	$220.00M	$118.00M	$177.00M	$227.00M
EBITDA	$219.00M	$261.00M	$268.00M	$171.00M	$224.00M	$275.00M
Pretax Income	$141.00M	$182.00M	$190.00M	$94.00M	$150.00M	$193.00M
Income Tax	$36.00M	$41.00M	$47.00M	$21.00M	$37.00M	$43.00M
Net Income	$100.00M	$134.00M	$137.00M	$70.00M	$108.00M	$144.00M
Diluted EPS	0.52	0.70	0.72	0.37	0.57	0.77
Diluted Shares	198.70M	198.30M	197.91M	196.54M	195.68M	193.36M

CNM Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Cash & Equivalents	$8.00M	$25.00M	$89.00M	$220.00M	$150.00M	$312.00M
Receivables	$1.32B	$1.36B	$1.34B	$1.05B	$1.26B	$1.44B
Inventory	$1.07B	$1.06B	$1.02B	$986.00M	$1.10B	$1.14B
Current Assets	$2.44B	$2.51B	$2.51B	$2.30B	$2.56B	$2.94B
Total Assets	$6.28B	$6.31B	$6.30B	$6.08B	$6.32B	$6.71B
Current Liabilities	$1.25B	$1.12B	$1.11B	$874.00M	$1.11B	$1.19B
Long-Term Debt	$2.24B	$2.23B	$2.13B	$2.12B	$2.12B	$2.43B
Total Debt	$2.53B	$2.53B	$2.43B	$2.44B	$2.44B	$2.75B
Total Liabilities	$4.46B	$4.34B	$4.25B	$4.01B	$4.21B	$4.61B
Retained Earnings	$515.00M	$642.00M	$736.00M	$755.00M	$786.00M	$784.00M
Shareholders' Equity	$1.74B	$1.89B	$1.98B	$2.00B	$2.04B	$2.03B
Working Capital	$1.20B	$1.39B	$1.40B	$1.43B	$1.45B	$1.75B
Net Debt	$2.25B	$2.23B	$2.06B	$1.93B	$1.99B	$2.14B

CNM Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Operating Cash Flow	$77.00M	$34.00M	$271.00M	$268.00M	$82.00M	$62.00M
Capital Expenditure	-$13.00M	-$10.00M	-$8.00M	-$15.00M	-$14.00M	-$18.00M
Free Cash Flow	$64.00M	$24.00M	$263.00M	$253.00M	$68.00M	$44.00M
Depreciation & Amortisation	$48.00M	$48.00M	$48.00M	$48.00M	$47.00M	$50.00M
Stock-Based Compensation	$5.00M	$5.00M	$4.00M	$3.00M	$3.00M	$4.00M
Investing Cash Flow	-$16.00M	-$12.00M	-$43.00M	-$74.00M	-$21.00M	-$35.00M
Financing Cash Flow	-$61.00M	-$5.00M	-$164.00M	-$63.00M	-$131.00M	$135.00M
Net Change in Cash	—	—	$64.00M	$131.00M	-$70.00M	$162.00M

Market Snapshot

About

Core & Main, Inc. is a specialized distributor of water, wastewater, storm drainage, and fire protection products in the United States. Headquartered in St. Louis, Missouri, the company serves as a critical link in the water infrastructure supply chain, distributing products from leading manufacturers to contractors, municipalities, and other customers. Core & Main operates through an extensive network of branches across the country, offering products including pipes, valves, fittings, hydrants, meters, and related water infrastructure products. The company provides value-added services such as fabrication, jobsite delivery, and technical expertise to support infrastructure projects. Core & Main serves municipal water authorities, utility contractors, and private water companies in both maintenance and new construction markets.