Core & Main, Inc. (CNM)

Core & Main, Inc. engages in the distribution of water, wastewater, storm drainage, and fire protection products and related services in the United States. The company's products portfolio include pipes, valves, hydrants, fittings, and other products and services used for service, repair and replacement of underground water infrastructure; storm drainage products, such as corrugated HDPE and metal piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, valves, fittings, sprinkler heads and other accessories, as well as fabrication and kitting services; smart meter products; and smart metering solutions which include meter accessories, meter installation, network infrastructure and software installation, training, and long-term services, as well as engineered treatment plant products. Its specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. The company serves municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.

Symbol
CNM
Exchange
NYSE
Sector
Industrials
Industry
Industrial Distribution
Market cap
$7.98B
52 week range
40.03 - 59.66

Valuation

Share price
$42.76 (close of 2026-09-23)
P/E (TTM)
17.67x
Price to book
3.79x
Price to free cash flow
12.71x
Enterprise value
$10.42B
Book value per share
$11.27

Price performance

PeriodChange
1 day-0.70%
5 days+4.09%
1 month-4.72%
3 months-7.94%
6 months-11.67%
Year to date-17.72%
1 year-16.57%
3 years+50.40%
5 years+58.25%
All time+113.80%

Profitability and growth

Return on equity
21.26%
Return on invested capital
13.45%
Return on assets
7.25%
Return on capital employed
13.86%
Gross margin
26.93%
Net margin
5.77%
EBITDA margin
11.95%
Revenue growth
2.77%
Net income growth
7.30%
Free cash flow growth
3.07%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.87%
Current ratio
2.47x
Net debt to EBITDA
2.60x

Latest reported year

Period end
2026-02-01
Fiscal year
2026
Revenue
$7.65B
Cost of revenue
$5.59B
Gross profit
$2.06B
EBITDA
$914.00M
Net income
$441.00M
Earnings per share
$2.32
Shares outstanding
189.72M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-02-01$7.65B$2.06B$441.00M$2.32
2025-02-02$7.44B$1.98B$411.00M$2.14
2024-01-28$6.70B$1.82B$371.00M$2.15
2023-01-29$6.65B$1.79B$366.00M$2.16
2022-01-30$5.00B$1.28B$166.00M$0.57
2021-01-31$3.64B$878.00M$37.00M$0.00
2020-02-02$3.39B$789.00M$36.00M$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-02-0126.93%5.77%21.26%13.45%
2025-02-0226.61%5.52%23.17%13.48%
2024-01-2827.13%5.54%24.34%17.03%
2023-01-2926.99%5.50%15.19%16.73%
2022-01-3025.58%3.32%9.07%10.83%
2021-01-3124.11%1.02%4.62%6.25%
2020-02-0223.28%1.06%0.00%-

Cash and debt by year

Period endCashDebt
2026-02-01$220.00M$2.12B
2025-02-02$8.00M$2.24B
2024-01-28$1.00M$1.86B
2023-01-29$177.00M$1.44B
2022-01-30$1.00M$1.46B
2021-01-31$381.00M$2.25B

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-02-01$604.00M$17.00M
2025-02-02$586.00M$14.00M
2024-01-28$1.03B$10.00M
2023-01-29$376.00M$11.00M
2022-01-30$-51.00M$25.00M
2021-01-31$202.00M$4.00M
2020-02-02$180.00M$4.00M

Dividend history

Most recent payment
2005-06-03
Payment dateDividend per share
2005-06-03$0.01
2005-05-04$0.08
2005-04-05$0.08
2005-03-03$0.07
2005-02-03$0.07
2005-01-05$0.07
2004-12-03$0.02
2004-10-05$0.08

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-09Jul/2026$0.91
2026-06-10--
2026-03-24--
2025-12-09--
2025-09-09--
2025-06-26--
2025-06-10--
2025-03-25--

Filings and sources

Company website
coreandmain.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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