Core & Main Inc

Core & Main Inc

CNM · NYSE · Industrials / Industrial Distribution

45.00USD+0.38 (+0.85%)

Price History

Full chart

Market Stats

Previous Close44.62
Open45.23
Day Range44.71 – 45.63
52-Week Range40.03 – 59.66
Volume1.67M
Market Cap7.68B
P/E (TTM)17.64
Forward P/E17.24
EPS2.36
Dividend Yield0.00%
Beta0.91
50-Day Avg44.00
200-Day Avg49.62

About

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.

Company Details

  • SectorIndustrials
  • IndustryIndustrial Distribution
  • CEOMr. Mark R. Witkowski CPA
  • Employees5.60K
  • Headquarters1830 Craig Park Court, Saint Louis, MO, United States, 63146, USA
  • Websitehttps://www.coreandmain.com

Leadership

  • Mr. Mark R. Witkowski CPACEO & Director · b. 1975
  • Mr. Bradford A. CowlesPresident · b. 1971
  • Mr. Michael G. HuebertPresident · b. 1974
  • Ms. Robyn L. BradburyChief Financial Officer · b. 1983
  • Mr. John W. StephensChief Accounting Officer & VP
  • Mr. Landon AlthoffVice President of Investor Relations
  • Ms. Jackie M. BurkhardtGeneral Counsel, Chief Compliance Officer & Secretary · b. 1986
  • Mr. Jeffrey D. GilesExecutive Vice President of Corporate Development
  • Ms. Carla D. HarperSenior Vice President of Human Resources · b. 1978
  • Glenn FloydDirector of Investor Relations & Treasury

Financials

Income Statement

Currency: USD2005-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue-3.20B3.39B3.64B5.00B6.65B6.70B7.44B7.65B
Growth (%)--+5.85%+7.47%+37.40%+32.91%+0.77%+11.03%+2.77%
Cost of Revenue-2.49B2.60B2.76B3.72B4.86B4.88B5.46B5.59B
Gross Profit-708.10M789.00M878.00M1.28B1.79B1.82B1.98B2.06B
Gross Margin-22.12%23.28%24.11%25.58%26.99%27.13%26.61%26.93%
Operating Expense-569.70M634.00M693.00M855.00M1.02B1.08B1.26B1.33B
Operating Income-138.40M155.00M185.00M425.00M775.00M740.00M719.00M728.00M
Operating Margin-4.32%4.57%5.08%8.49%11.65%11.04%9.66%9.52%
EBITDA-252.90M293.00M338.00M524.00M924.00M894.00M913.00M914.00M
EBITDA Margin-7.90%8.65%9.28%10.47%13.89%13.34%12.27%11.95%
Net Income-36.60M36.00M37.00M166.00M366.00M371.00M411.00M441.00M
Net Income Margin-1.14%1.06%1.02%3.32%5.50%5.54%5.52%5.77%
Interest Expense0101.10M113.00M139.00M98.00M66.00M81.00M142.00M142.00M
Interest Expense % of Total Revenue-3.16%3.33%3.82%1.96%0.99%1.21%1.91%1.86%

Balance Sheet

Currency: USD2005-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets--3.20B3.92B4.43B4.91B5.07B5.87B6.08B
Total Liabilities--2.56B3.12B2.60B2.50B3.54B4.10B4.01B
Total Equity--641.50M801.00M1.32B1.75B1.45B1.70B2.00B
Cash--180.90M380.90M1.00M177.00M1.00M8.00M220.00M
Total Debt--2.15B2.39B1.62B1.63B2.07B2.51B2.44B
Net Debt--1.97B2.01B1.62B1.46B2.07B2.50B2.22B

Cash Flow

Currency: USD2005-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow61.42M100.90M194.00M219.80M-31.00M401.00M1.07B621.00M650.00M
Investing Cash Flow-2.78M-21.60M-233.60M-228.90M-203.00M-152.00M-270.00M-788.00M-145.00M
Financing Cash Flow-61.40M-42.10M184.00M209.10M-146.00M-73.00M-975.00M174.00M-293.00M
Capital Expenditure1.42M13.90M14.00M11.90M20.00M25.00M39.00M35.00M46.00M
Free Cash Flow-87.00M180.00M207.90M-51.00M376.00M1.03B586.00M604.00M
Dividends Paid31.40M25.40M323.10M20.90M-----
FCF to OCF-86.22%92.78%94.59%164.52%93.77%96.35%94.36%92.92%
Dividend Paid to FCF-29.20%179.50%10.05%-----

Earnings

Report DateJul 13, 2021Sep 14, 2021Dec 7, 2021Mar 30, 2022Jun 14, 2022Sep 13, 2022Dec 13, 2022Mar 28, 2023Jun 6, 2023Sep 6, 2023Dec 5, 2023Mar 19, 2024Jun 4, 2024Sep 4, 2024Dec 3, 2024Mar 25, 2025Jun 10, 2025Sep 9, 2025Dec 9, 2025Mar 24, 2026Jun 10, 2026Sep 9, 2026
EPS Estimate0.000.130.300.330.360.490.550.320.490.670.670.340.520.740.660.360.540.790.710.330.680.91
EPS Actual0.100.580.420.330.500.470.460.310.360.510.520.320.490.610.690.340.530.700.720.370.700.92
Surprise-346.15%40.00%1.09%38.89%-4.08%-16.36%-3.13%-26.53%-23.88%-22.39%-5.88%-5.77%-17.57%4.55%-5.56%-1.85%-11.39%1.41%12.12%2.94%1.10%
Timing-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap7.68B
Enterprise Value10.32B
Trailing P/E17.64
Forward P/E17.24
PEG Ratio1.46
Price / Sales1.00
Price / Book3.88
EPS2.36
Book Value11.01
Revenue (TTM)7.70B
Gross Profit (TTM)2.08B
EBITDA935.00M
Profit Margin5.96%
Operating Margin10.58%
Return on Equity23.56%
Return on Assets7.13%
Shares Outstanding184.44M
Shares Float183.78M
Beta0.91
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 14 analystsTarget 55.29
  • Strong Buy
    6
  • Buy
    4
  • Hold
    3
  • Sell
    1

Ownership Breakdown

Institutions
112.75%
Insiders
0.49%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    19.21M10.41%
  • Capital World Investors
    11.47M6.22%
  • Vanguard Capital Management, LLC
    8.47M4.59%
  • Vanguard Portfolio Management, LLC
    7.82M4.24%
  • First Trust Advisors L.P.
    6.25M3.39%
  • Select Equity Group LP
    5.84M3.17%
  • State Street Corp
    5.78M3.13%
  • Royal London Asset Management Ltd
    5.75M3.12%
  • Morgan Stanley - Brokerage Accounts
    5.44M2.95%
  • FMR Inc
    5.40M2.93%
  • Pictet Asset Manangement SA
    4.96M2.69%
  • D. E. Shaw & Co LP
    4.58M2.48%
  • Impax Asset Management Group PLC
    4.20M2.28%
  • Geode Capital Management, LLC
    3.75M2.03%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    6.59M3.57%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.99M3.25%
  • First Trust RBA Amer Indl RenaisTM ETF
    5.52M2.99%
  • Pictet-Water I EUR
    4.90M2.66%
  • Vanguard Small Cap Index
    4.33M2.35%
  • American Funds SMALLCAP World A
    4.13M2.24%