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CN

Core & Main, Inc.

CNMIndustrialsNASDAQ

Industrial Distribution

PriceMA150MA200
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Financials · Annual
Revenue
$7.65B
+2.8% YoY
Net Income
$441.0M
+7.3% YoY
EBITDA
$919.0M
+0.7% YoY
Free Cash Flow
$464.2M

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About Core & Main, Inc.

Part of the industrials sector, Core & Main, Inc. (CNM) is listed under Industrial Distribution. Valued at $9.63B, CNM is a mid-cap name in its sector. 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.

Key stats
Market Cap$9.63B
P/E (TTM)21.41
Fwd P/E16.57
EPS$2.31
Beta0.93
52W Change-7.6%
ROE24.0%
Analysis

Core & Main, Inc. carries $2.46B in total debt against $230.0M in cash reserves — debt is roughly 10.7x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $464.2M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 24.0%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $6.65B to $7.65B.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Core & Main, Inc.'s trajectory.

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