Core & Main, Inc.

NYSE:CNM Stock Report

Market Cap: US$10.6b

Core & Main Past Earnings Performance

Past criteria checks 3/6

Core & Main has been growing earnings at an average annual rate of 32.5%, while the Trade Distributors industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 13.3% per year. Core & Main's return on equity is 22.2%, and it has net margins of 5.6%.

Key information

32.51%

Earnings growth rate

28.35%

EPS growth rate

Trade Distributors Industry Growth23.44%
Revenue growth rate13.33%
Return on equity22.19%
Net Margin5.60%
Last Earnings Update02 Nov 2025

Recent past performance updates

Recent updates

Core & Main: Performance In Q3 Was Impressive, All Things Considered, But With Limited Upside

Dec 10

Core & Main, Inc.'s (NYSE:CNM) Shareholders Might Be Looking For Exit

Nov 26
Core & Main, Inc.'s (NYSE:CNM) Shareholders Might Be Looking For Exit

Is There Now An Opportunity In Core & Main, Inc. (NYSE:CNM)?

Nov 10
Is There Now An Opportunity In Core & Main, Inc. (NYSE:CNM)?

Core & Main (NYSE:CNM) Seems To Use Debt Quite Sensibly

Aug 25
Core & Main (NYSE:CNM) Seems To Use Debt Quite Sensibly

Core & Main (NYSE:CNM) Is Experiencing Growth In Returns On Capital

Aug 04
Core & Main (NYSE:CNM) Is Experiencing Growth In Returns On Capital

Should You Investigate Core & Main, Inc. (NYSE:CNM) At US$60.49?

Jul 17
Should You Investigate Core & Main, Inc. (NYSE:CNM) At US$60.49?

Core & Main, Inc.'s (NYSE:CNM) Popularity With Investors Is Clear

Jun 29
Core & Main, Inc.'s (NYSE:CNM) Popularity With Investors Is Clear

Core & Main (NYSE:CNM) Seems To Use Debt Quite Sensibly

May 24
Core & Main (NYSE:CNM) Seems To Use Debt Quite Sensibly

Are Investors Undervaluing Core & Main, Inc. (NYSE:CNM) By 30%?

May 06
Are Investors Undervaluing Core & Main, Inc. (NYSE:CNM) By 30%?

Should You Investigate Core & Main, Inc. (NYSE:CNM) At US$49.60?

Apr 18
Should You Investigate Core & Main, Inc. (NYSE:CNM) At US$49.60?

Core & Main, Inc.'s (NYSE:CNM) Shares May Have Run Too Fast Too Soon

Mar 31
Core & Main, Inc.'s (NYSE:CNM) Shares May Have Run Too Fast Too Soon

Core & Main: Rating Downgrade On Uncertain FY25 Outlook

Mar 29

Returns On Capital Are Showing Encouraging Signs At Core & Main (NYSE:CNM)

Mar 11
Returns On Capital Are Showing Encouraging Signs At Core & Main (NYSE:CNM)

Core & Main: Good Growth Prospects And Attractively Valued

Feb 25

Estimating The Intrinsic Value Of Core & Main, Inc. (NYSE:CNM)

Feb 03
Estimating The Intrinsic Value Of Core & Main, Inc. (NYSE:CNM)

Is Core & Main (NYSE:CNM) A Risky Investment?

Jan 14
Is Core & Main (NYSE:CNM) A Risky Investment?

Core & Main: Despite A Stellar Quarter, Market-Beating Upside Is Unlikely

Dec 04
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Critical Growth And Smart Acquisitions Set To Boost Market Presence And Profitability

Strategic acquisitions and smart utility solutions focus, such as advanced metering, position the company for above-market revenue growth and technological differentiation.

Core & Main: 40% Selloff Since May, But I Am Not Buying Yet

Sep 10

Core & Main: A Core Business, Still Commands A Premium Valuation

Jun 04

Revenue & Expenses Breakdown

How Core & Main makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:CNM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
02 Nov 257,7644351,1690
03 Aug 257,7404311,1480
04 May 257,6114161,1140
02 Feb 257,4414111,0780
27 Oct 247,1834101,0290
28 Jul 246,9723899950
28 Apr 246,8693809650
28 Jan 246,7023719310
29 Oct 236,6363629130
30 Jul 236,6273619040
30 Apr 236,6273668960
29 Jan 236,6513668800
30 Oct 226,5233598450
31 Jul 226,1103118020
01 May 225,5471767640
30 Jan 225,004907120
31 Oct 214,590446720
01 Aug 214,19726290
02 May 213,855405730
31 Jan 213,642375560
02 Feb 203,389365070
03 Feb 193,202374580

Quality Earnings: CNM has high quality earnings.

Growing Profit Margin: CNM's current net profit margins (5.6%) are lower than last year (5.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CNM's earnings have grown significantly by 32.5% per year over the past 5 years.

Accelerating Growth: CNM's earnings growth over the past year (6.1%) is below its 5-year average (32.5% per year).

Earnings vs Industry: CNM earnings growth over the past year (6.1%) exceeded the Trade Distributors industry -1.1%.


Return on Equity

High ROE: Whilst CNM's Return on Equity (22.19%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/29 17:54
End of Day Share Price 2025/12/29 00:00
Earnings2025/11/02
Annual Earnings2025/02/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Core & Main, Inc. is covered by 20 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MantheyBaird
Matthew BouleyBarclays
Daniel WangBerenberg