Core & Main, Inc.

NYSE•CNM

CEO: Mr. Stephen O. LeClair

Sector: Industrials

Industry: Industrial - Distribution

Listing Date: 2021-07-22

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, and sprinkler heads and devices, as well as fabrication services; and meter products, such as smart meter products, meter sets, meter accessories, installation, software, and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.

Contact Information

1830 Craig Park Court, Saint Louis, MO, 63146, United States

314-432-4700

www.coreandmain.com

Market Cap

$8.95B

P/E (TTM)

20.7

23.7

Dividend Yield

52W High

$67.18

52W Low

$43.18

52W Range

18%

Rank35Top 29.9%

4.6

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Average • 4.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q3 2025 Data

Revenue

$2.06B+1.18%

4-Quarter Trend

EPS

$0.72+1.41%

4-Quarter Trend

FCF

$263.00M+4.37%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Sales Grew 5.6% Nine months net sales reached $6,066M, growing 5.6% driven by higher volumes, acquisitions, and pricing management.

Gross Profit Margin Expansion Gross profit $1,631M, margin improved to 26.9% due to margin initiatives and disciplined purchasing strategies execution.

Net Income Up 6.9% Net income attributable to Core & Main $371M for nine months, increasing $24M compared to prior period results.

Investing Cash Outflows Reduced Net cash used in investing activities dropped $686M to $71M, primarily due to lower cash outflows for acquisitions.

Risk Factors

Construction Market Cyclicality Risk Demand tied to municipal, non-residential, and residential construction, subject to cyclical pressures and funding availability uncertainty.

Variable Rate Debt Exposure $2,172M variable-rate debt outstanding exposes interest expense to fluctuations; swaps mitigate some, but not all, risk.

Product Cost Volatility Financial performance impacted by volatile procurement costs from supply chain issues, tariffs, and labor availability challenges.

Acquisition Integration Uncertainty Realization of anticipated financial benefits from recent acquisitions, like Canada Waterworks, is not assured on expected timelines.

Outlook

Infrastructure Spending Tailwinds Expect favorable funding environment from IIJA investment focused on upgrading municipal waterworks systems in coming years.

Capital Allocation Flexibility Board authorized $500M increase to share repurchase program, signaling commitment to returning capital to shareholders.

Continued Acquisition Strategy Growth strategy includes opportunistic pursuit of strategic asset and business acquisitions requiring sufficient access to capital.

Managing Operating Expenses Management focuses on disciplined purchasing and pricing to offset expected higher SG&A costs from inflation and personnel.

Peer Comparison

Revenue (TTM)

WCC

$23.50B

+7.7%

ARMK

$18.79B

+7.1%

SWK

$15.13B

-1.5%

Gross Margin (Latest Quarter)

WTS

49.5%

+1.5pp

AOS

38.4%

+1.3pp

RRX

37.5%

-0.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
WCC	$12.17B	19.3	13.0%	45.4%
GNRC	$11.70B	72.8	6.2%	23.9%
RRX	$11.66B	41.7	4.2%	36.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

6.7%

Steady Growth

4Q Net Income CAGR

28.9%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Mar 24, 2026

EPS:$0.33

Revenue:$1.59B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data