# Core & Main Inc. (CNM)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $9.90B  
**Price:** $50.06 (+1.25%)

> Core & Main Inc. is a leading distributor of water, wastewater, storm drainage, and fire protection products in the United States. The company plays a crucial role in providing essential infrastructure solutions to communities, municipalities, and private organizations. Core & Main serves a diverse range of industries, including utilities, construction, and industrial sectors, supplying them with a comprehensive range of pipes, fittings, valves, hydrants, meters, and other critical components essential for waterworks projects. With its extensive distribution network, Core & Main ensures efficient delivery and accessibility of these products, supporting the development and maintenance of vital infrastructure. Founded initially as a division of HD Supply, Core & Main has established itself as a key player in the water infrastructure market, contributing to the reliability and sustainability of water management and distribution systems across the nation.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $7.65B | $2.06B | $722M | $441M | — |
| 2025 | $7.44B | $1.98B | $719M | $411M | — |
| 2024 | $6.70B | $1.82B | $740M | $371M | — |
| 2023 | $6.65B | $1.79B | $775M | $366M | — |
| 2022 | $5.00B | $1.28B | $425M | $166M | — |
| 2021 | $3.64B | $878M | $185M | $37M | — |
| 2020 | $3.39B | $789M | $155M | $36M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $6.08B | $4.01B | $2.00B | $220M | $2.12B |
| 2025 | $5.87B | $4.10B | $1.70B | $8M | $2.24B |
| 2024 | $5.07B | $3.54B | $1.45B | $1M | $1.86B |
| 2023 | $4.91B | $2.50B | $1.75B | $177M | $1.44B |
| 2022 | $4.43B | $2.60B | $1.32B | $1M | $1.46B |
| 2021 | $3.92B | $3.12B | — | $381M | $2.25B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $650M | — | — |
| 2025 | $621M | — | — |
| 2024 | $1.07B | — | — |
| 2023 | $401M | — | — |
| 2022 | -$31M | — | — |
| 2021 | $214M | — | — |
| 2020 | $194M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/CNM)