What is Core & Main, Inc.'s earnings per share (EPS)?

Core & Main, Inc. (CNM) reported diluted earnings per share of $2.31 for fiscal year 2025. This represents a 8.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Core & Main, Inc. (CNM) Financials

CNM

Trailing 12 months to August 2, 2026

Revenue $7.7B +1.7% YoY

Net Income $472.0M +5.1% YoY

EPS (Diluted) $2.43 +8.0% YoY

Free Cash Flow $628.0M +11.3% YoY

Market Cap $7.6B as of Oct 3, 2026

Price / Sales 1.0x on $7.7B revenue, trailing 12 months to August 2, 2026

Price / Earnings 16.2x on $472.0M net income, trailing 12 months to August 2, 2026

Price / Book 3.8x on $2.0B equity, Q2 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Aug 2, 2026 Reported Sep 9, 2026 Currency USD FYE February

Newest figures come from the 10-Q for Q2 FY2027, filed Sep 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CNM SEC filings page.

Core & Main, Inc. (CNM) reported $7.7B in revenue over the twelve months to Aug 2, 2026, up 1.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CNM FY2025 2026-10-03

Core & Main converts sales into cash with low reinvestment, but recent growth has not expanded operating margins.

Revenue expanded from FY2022 to FY2025, yet operating margin fell from 11.7% to 9.4% while gross margin stayed near 27.0%; added sales did not translate into operating leverage. With SG&A rising from 13.2% to 15.1% of revenue, overhead absorbed much of the growth rather than product economics changing materially.

Cash conversion is stronger than reported profit alone suggests: FY2025 operating cash flow was 1.4x net income, and free cash flow was 93.0% of operating cash flow. Because capital spending was only 0.6% of revenue, most operating cash remained after reinvestment, revealing a low ongoing reinvestment profile.

Financing pressure has eased without returning to a conservative posture: debt-to-equity declined from 1.3x in FY2024 to 1.1x in FY2025, while short-term coverage also improved. Total assets increased 37% from FY2021 to FY2025 and goodwill rose 27%, indicating that balance-sheet expansion includes substantial acquired intangible value, not merely operating working capital.

Financial Health Signals

Financial Health Score 63/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Core & Main, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Core & Main, Inc. has an operating margin of 9.4%, meaning the company retains $9 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is down from 9.7% the prior year.

Growth

Core & Main, Inc.'s revenue grew a modest 2.8% year-over-year to $7.6B. This slow but positive growth earns a score of 56/100.

Leverage

Core & Main, Inc. has a moderate D/E ratio of 1.06. This balance of debt and equity financing earns a leverage score of 31/100.

Liquidity

With a current ratio of 2.63, Core & Main, Inc. holds $2.63 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow

Core & Main, Inc. has a free cash flow margin of 7.9%, earning a moderate score of 64/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Core & Main, Inc. earns a strong 23.1% return on equity (ROE), meaning it generates $23 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 82/100. This is down from 25.6% the prior year.

Altman Z-Score Safe

3.24

Core & Main, Inc. scores 3.24, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

Core & Main, Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.41x

For every $1 of reported earnings, Core & Main, Inc. generates $1.41 in operating cash flow ($650.0M OCF vs $462.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.02x

Core & Main, Inc. earns $6.02 in operating income for every $1 of interest expense ($722.0M vs $120.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.1B

YoY+2.5%

QoQ+12.3%

5Y CAGR+10.6%

Core & Main, Inc. generated $2.1B in revenue in Q2 2027. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is up 12.3%.

EBITDA

$272.0M

YoY+5.4%

QoQ+21.4%

5Y CAGR+15.4%

Core & Main, Inc.'s EBITDA was $272.0M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.4% from the same quarter a year earlier. Against the prior quarter it is up 21.4%.

Net Income

$144.0M

YoY+7.5%

QoQ+33.3%

5Y CAGR+39.8%

Core & Main, Inc. reported $144.0M in net income in Q2 2027. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 33.3%.

EPS (Diluted)

$0.77

YoY+10.0%

QoQ+35.1%

Core & Main, Inc. earned $0.77 per diluted share (EPS) in Q2 2027. This represents an increase of 10.0% from the same quarter a year earlier. Against the prior quarter it is up 35.1%.

Cash & Balance Sheet

Free Cash Flow

$44.0M

YoY+83.3%

QoQ-35.3%

Core & Main, Inc. generated $44.0M in free cash flow in Q2 2027, representing cash available after capex. This represents an increase of 83.3% from the same quarter a year earlier. Against the prior quarter it is down 35.3%.

Cash & Debt

$312.0M

YoY+1148.0%

QoQ+108.0%

5Y CAGR+36.2%

Core & Main, Inc. held $312.0M in cash against $2.4B in long-term debt as of Q2 2027.

Shares Outstanding

Diluted avg 193M

Core & Main, Inc. had a weighted average of 193M diluted shares in Q2 2027; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2027.

Margins & Returns

Gross Margin

26.7%

YoY-0.1pp

QoQ-0.5pp

5Y change+1.7pp

Core & Main, Inc.'s gross margin was 26.7% in Q2 2027, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Operating Margin

10.6%

YoY+0.4pp

QoQ+1.3pp

5Y change+2.9pp

Core & Main, Inc.'s operating margin was 10.6% in Q2 2027, reflecting core business profitability. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Net Margin

6.7%

YoY+0.3pp

QoQ+1.1pp

5Y change+4.6pp

Core & Main, Inc.'s net profit margin was 6.7% in Q2 2027, showing the share of revenue converted to profit. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Return on Equity

7.1%

YoY0.0pp

QoQ+1.8pp

5Y change+4.6pp

Core & Main, Inc.'s ROE was 7.1% in Q2 2027, measuring profit generated per dollar of shareholder equity. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.

Capital Allocation

Share Buybacks

$169.0M

YoY+2012.5%

QoQ+92.0%

Core & Main, Inc. spent $169.0M on share buybacks in Q2 2027, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2012.5% from the same quarter a year earlier. Against the prior quarter it is up 92.0%.

Capital Expenditures

$18.0M

YoY+80.0%

QoQ+28.6%

5Y CAGR+35.1%

Core & Main, Inc. invested $18.0M in capex in Q2 2027, funding long-term assets and infrastructure. This represents an increase of 80.0% from the same quarter a year earlier. Against the prior quarter it is up 28.6%.

R&D Spending

Not reported for Q2 2027.

CNM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CNM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
Revenue	$7.7B	$7.6B+2.8%	$7.4B+11.0%	$6.7B+0.8%	$6.7B+32.9%	$5.0B+37.4%	$3.6B+7.5%	$3.4B
Cost of Revenue	$5.6B	$5.6B+2.3%	$5.5B+11.8%	$4.9B+0.6%	$4.9B+30.4%	$3.7B+34.7%	$2.8B+6.3%	$2.6B
Gross Profit	$2.1B	$2.1B+4.0%	$2.0B+8.9%	$1.8B+1.3%	$1.8B+40.2%	$1.3B+45.8%	$878.0M+11.3%	$789.0M
SG&A Expenses	$1.2B	$1.2B+7.1%	$1.1B+15.8%	$931.0M+5.8%	$880.0M+22.7%	$717.0M+29.0%	$556.0M+9.2%	$509.0M
Operating Income	$736.0M	$722.0M+0.4%	$719.0M-2.8%	$740.0M-4.5%	$775.0M+82.4%	$425.0M+129.7%	$185.0M+19.4%	$155.0M
EBITDA	N/A	$914.0M+0.1%	$913.0M+2.1%	$894.0M-3.1%	$923.0M+60.5%	$575.0M+70.1%	$338.0M+15.4%	$293.0M
Interest Expense	$121.0M	$120.0M-15.5%	$142.0M+75.3%	$81.0M+22.7%	$66.0M-32.7%	$98.0M-29.5%	$139.0M+23.0%	$113.0M
Income Tax	$147.0M	$145.0M+1.4%	$143.0M+11.7%	$128.0M0.0%	$128.0M+151.0%	$51.0M+466.7%	$9.0M+50.0%	$6.0M
Net Income	$472.0M	$462.0M+6.5%	$434.0M-18.3%	$531.0M-8.6%	$581.0M+158.2%	$225.0M+508.1%	$37.0M+2.8%	$36.0M
EPS (Basic)	N/A	$2.32+8.4%	$2.14-0.5%	$2.15-0.5%	$2.16+278.9%	$0.57	N/A	N/A
EPS (Diluted)	$2.43	$2.31+8.5%	$2.13-0.9%	$2.15+0.9%	$2.13+287.3%	$0.55	N/A	N/A
Diluted Shares (Avg)	N/A	198M-1.8%	201M-11.6%	228M-7.5%	246M+0.7%	244M	N/A	N/A

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Revenue	$2.1B+2.5%	$1.9B-0.1%	$1.6B+3.5%	$2.1B+1.2%	$2.1B+6.6%	$1.9B+9.8%	$1.5B+6.1%	$2.0B+11.5%
Cost of Revenue	$1.6B+2.5%	$1.4B-0.8%	$1.2B+4.0%	$1.5B+0.4%	$1.5B+6.0%	$1.4B+10.1%	$1.1B+6.0%	$1.5B+12.2%
Gross Profit	$573.0M+2.3%	$520.0M+2.0%	$418.0M+2.2%	$561.0M+3.3%	$560.0M+8.1%	$510.0M+9.0%	$409.0M+6.5%	$543.0M+9.9%
SG&A Expenses	$301.0M-0.3%	$299.0M+2.0%	$258.0M+6.2%	$295.0M+7.7%	$302.0M+12.7%	$293.0M+14.0%	$243.0M+5.7%	$274.0M+14.2%
Operating Income	$227.0M+6.6%	$177.0M+3.5%	$112.0M-7.4%	$220.0M-1.3%	$213.0M+4.4%	$171.0M+1.8%	$121.0M+4.3%	$223.0M+2.8%
EBITDA	$272.0M+5.4%	$224.0M+2.3%	$166.0M-5.1%	$266.0M-1.1%	$258.0M+3.2%	$219.0M+2.3%	$175.0M+10.1%	$269.0M+5.9%
Interest Expense	$32.0M+3.2%	$27.0M-10.0%	$32.0M-20.0%	$30.0M-16.7%	$31.0M-13.9%	$30.0M-11.8%	$40.0M+81.8%	$36.0M+80.0%
Income Tax	$43.0M+4.9%	$37.0M+2.8%	$20.0M+11.1%	$47.0M0.0%	$41.0M-2.4%	$36.0M+9.1%	$18.0M0.0%	$47.0M+20.5%
Net Income	$144.0M+7.5%	$108.0M+8.0%	$83.0M+1.2%	$137.0M+3.0%	$134.0M+12.6%	$100.0M+5.3%	$82.0M-63.2%	$133.0M+18.8%
EPS (Basic)	$0.77+8.5%	$0.57+7.5%	$0.37+12.1%	$0.72+4.3%	$0.71+14.5%	$0.53+8.2%	$0.33-2.9%	$0.69+6.2%
EPS (Diluted)	$0.77+10.0%	$0.57+9.6%	$0.37+8.8%	$0.72+4.3%	$0.70+14.8%	$0.52+6.1%	$0.34	$0.69+6.2%
Diluted Shares (Avg)	193M-2.5%	196M-1.5%	N/A	198M-1.6%	198M-2.2%	199M-1.9%	N/A	201M-10.5%

Not reported in any period shown, so not listed: R&D Expenses.

CNM Balance Sheet

CNM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
Total Assets	$6.1B+3.7%	$5.9B+15.8%	$5.1B+3.3%	$4.9B+10.7%	$4.4B+13.0%	$3.9B	N/A
Current Assets	$2.3B+13.7%	$2.0B+14.2%	$1.8B-19.8%	$2.2B+25.1%	$1.8B+32.2%	$1.3B	N/A
Cash & Equivalents	$220.0M+2650.0%	$8.0M+700.0%	$1.0M-99.4%	$177.0M+17600.0%	$1.0M-99.7%	$381.0M+110.5%	$181.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0
Inventory	$986.0M+8.6%	$908.0M+18.5%	$766.0M-26.8%	$1.0B+22.3%	$856.0M+122.9%	$384.0M	N/A
Accounts Receivable	$981.0M-0.5%	$986.0M+11.0%	$888.0M+4.3%	$851.0M+8.5%	$784.0M+58.4%	$495.0M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.9B+1.2%	$1.9B+21.6%	$1.6B+1.7%	$1.5B+1.3%	$1.5B+4.3%	$1.5B+6.7%	$1.4B
Total Liabilities	$4.0B-2.1%	$4.1B+15.5%	$3.5B+41.9%	$2.5B-4.0%	$2.6B-16.7%	$3.1B	N/A
Current Liabilities	$874.0M+0.9%	$866.0M+11.9%	$774.0M+6.6%	$726.0M-13.5%	$839.0M+60.7%	$522.0M	N/A
Non-Current Liabilities	$3.1B-2.9%	$3.2B+16.6%	$2.8B+56.3%	$1.8B+0.5%	$1.8B-32.2%	$2.6B	N/A
Long-Term Debt	$2.1B-5.1%	$2.2B+20.1%	$1.9B+29.0%	$1.4B-0.8%	$1.5B-35.3%	$2.3B	N/A
Total Equity	$2.0B+17.6%	$1.7B+17.0%	$1.5B-16.9%	$1.7B+31.8%	$1.3B+65.4%	$801.0M	N/A
Retained Earnings	$755.0M+68.2%	$449.0M+137.6%	$189.0M-58.7%	$458.0M+397.8%	$92.0M	N/A	N/A

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Total Assets	$6.7B+6.4%	$6.3B+0.7%	$6.1B+3.7%	$6.3B+1.4%	$6.3B+3.4%	$6.3B+3.9%	$5.9B+15.8%	$6.2B+22.7%
Current Assets	$2.9B+17.0%	$2.6B+4.6%	$2.3B+13.7%	$2.5B+5.3%	$2.5B+8.3%	$2.4B+9.9%	$2.0B+14.2%	$2.4B+9.7%
Cash & Equivalents	$312.0M+1148.0%	$150.0M+1775.0%	$220.0M+2650.0%	$89.0M+790.0%	$25.0M+92.3%	$8.0M-73.3%	$8.0M+700.0%	$10.0M-90.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.1B+7.7%	$1.1B+3.2%	$986.0M+8.6%	$1.0B+6.9%	$1.1B+10.1%	$1.1B+13.1%	$908.0M+18.5%	$950.0M+15.3%
Accounts Receivable	$1.4B+6.3%	$1.2B-2.8%	$981.0M-0.5%	$1.2B-1.3%	$1.3B+6.2%	$1.2B+9.3%	$986.0M+11.0%	$1.3B+11.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.9B+1.2%	$1.9B+1.2%	$1.9B+1.2%	$1.9B+1.8%	$1.9B+3.0%	$1.9B+2.9%	$1.9B+21.6%	$1.9B+21.4%
Total Liabilities	$4.6B+6.0%	$4.2B-5.5%	$4.0B-2.1%	$4.2B-4.9%	$4.3B-0.8%	$4.5B+1.4%	$4.1B+15.5%	$4.5B+56.6%
Current Liabilities	$1.2B+6.5%	$1.1B-11.2%	$874.0M+0.9%	$1.1B-0.6%	$1.1B+10.4%	$1.2B+20.0%	$866.0M+11.9%	$1.1B+21.0%
Non-Current Liabilities	$3.4B+5.8%	$3.1B-3.3%	$3.1B-2.9%	$3.1B-6.4%	$3.2B-4.1%	$3.2B-4.4%	$3.2B+16.6%	$3.4B+73.5%
Long-Term Debt	$2.4B+8.9%	$2.1B-5.3%	$2.1B-5.1%	$2.1B-10.7%	$2.2B-7.1%	$2.2B-6.7%	$2.2B+20.1%	$2.4B+66.0%
Total Equity	$2.0B+7.7%	$2.0B+17.0%	$2.0B+17.6%	$2.0B+18.3%	$1.9B+14.7%	$1.7B+11.1%	$1.7B+17.0%	$1.7B-5.5%
Retained Earnings	$784.0M+22.1%	$786.0M+52.6%	$755.0M+68.2%	$736.0M+70.0%	$642.0M+66.8%	$515.0M+81.3%	$449.0M+137.6%	$433.0M-11.8%

CNM Cash Flow Statement

CNM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
Operating Cash Flow	$683.0M	$650.0M+4.7%	$621.0M-41.9%	$1.1B+166.6%	$401.0M+1393.5%	-$31.0M-114.5%	$214.0M+10.3%	$194.0M
Depreciation & Amortization	N/A	$192.0M-1.0%	$194.0M+26.0%	$154.0M+4.1%	$148.0M-1.3%	$150.0M-2.0%	$153.0M+10.9%	$138.0M
Stock-Based Compensation	N/A	$17.0M+21.4%	$14.0M+40.0%	$10.0M-9.1%	$11.0M-56.0%	$25.0M+525.0%	$4.0M0.0%	$4.0M
Capital Expenditures	$55.0M	$46.0M+31.4%	$35.0M-10.3%	$39.0M+56.0%	$25.0M+25.0%	$20.0M+66.7%	$12.0M-14.3%	$14.0M
Free Cash Flow	$628.0M	$604.0M+3.1%	$586.0M-43.1%	$1.0B+173.9%	$376.0M+837.3%	-$51.0M-125.2%	$202.0M+12.2%	$180.0M
Investing Cash Flow	-$173.0M	-$145.0M+81.6%	-$788.0M-191.9%	-$270.0M-77.6%	-$152.0M+25.1%	-$203.0M+11.4%	-$229.0M+2.1%	-$234.0M
Financing Cash Flow	-$223.0M	-$293.0M-268.4%	$174.0M+117.8%	-$975.0M-1235.6%	-$73.0M+50.0%	-$146.0M-167.9%	$215.0M+16.8%	$184.0M
Share Buybacks	$365.0M	$155.0M-11.9%	$176.0M-86.9%	$1.3B	$0	$0	N/A	N/A

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Operating Cash Flow	$62.0M+82.4%	$82.0M+6.5%	$268.0M+14.0%	$271.0M+4.2%	$34.0M-29.2%	$77.0M-1.3%	$235.0M-20.1%	$260.0M-30.3%
Depreciation & Amortization	$45.0M0.0%	$47.0M-2.1%	$48.0M-4.0%	$46.0M0.0%	$45.0M-2.2%	$48.0M+4.3%	$50.0M+25.0%	$46.0M+24.3%
Stock-Based Compensation	N/A	$3.0M-40.0%	N/A	N/A	N/A	$5.0M+66.7%	N/A	N/A
Capital Expenditures	$18.0M+80.0%	$14.0M+7.7%	$15.0M+36.4%	$8.0M0.0%	$10.0M+11.1%	$13.0M+85.7%	$11.0M+120.0%	$8.0M-57.9%
Free Cash Flow	$44.0M+83.3%	$68.0M+6.3%	$253.0M+12.9%	$263.0M+4.4%	$24.0M-38.5%	$64.0M-9.9%	$224.0M-22.5%	$252.0M-28.8%
Investing Cash Flow	-$35.0M-191.7%	-$21.0M-31.3%	-$74.0M-138.7%	-$43.0M+69.1%	-$12.0M+72.7%	-$16.0M+97.2%	-$31.0M+64.8%	-$139.0M-672.2%
Financing Cash Flow	$135.0M+2800.0%	-$131.0M-114.8%	-$63.0M+69.4%	-$164.0M-32.3%	-$5.0M+76.2%	-$61.0M-111.6%	-$206.0M+32.7%	-$124.0M+54.7%
Share Buybacks	$169.0M+2012.5%	$88.0M+125.6%	$58.0M+5.5%	$50.0M-50.0%	$8.0M-61.9%	$39.0M	$55.0M-92.4%	$100.0M-31.0%

Not reported in any period shown, so not listed: Dividends Paid.

CNM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CNM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
Gross Margin	26.9%+0.3pp	26.6%-0.5pp	27.1%+0.1pp	27.0%+1.4pp	25.6%+1.5pp	24.1%+0.8pp	23.3%
Operating Margin	9.4%-0.2pp	9.7%-1.4pp	11.0%-0.6pp	11.7%+3.2pp	8.5%+3.4pp	5.1%+0.5pp	4.6%
Net Margin	6.0%+0.2pp	5.8%-2.1pp	7.9%-0.8pp	8.7%+4.2pp	4.5%+3.5pp	1.0%0.0pp	1.1%
Return on Equity	23.1%-2.4pp	25.6%-11.0pp	36.6%+3.3pp	33.3%+16.3pp	17.0%+12.4pp	4.6%	N/A
Return on Assets	7.6%+0.2pp	7.4%-3.1pp	10.5%-1.4pp	11.8%+6.8pp	5.1%+4.1pp	0.9%	N/A
Current Ratio	2.63+0.3x	2.340.0x	2.29-0.8x	3.05+0.9x	2.11-0.5x	2.56	N/A
Debt-to-Equity	1.06-0.3x	1.320.0x	1.28+0.5x	0.83-0.3x	1.10-1.7x	2.81	N/A
Asset Turnover	1.260.0x	1.27-0.1x	1.320.0x	1.35+0.2x	1.13+0.2x	0.93	N/A
FCF Margin	7.9%0.0pp	7.9%-7.5pp	15.4%+9.7pp	5.7%+6.7pp	-1.0%-6.6pp	5.5%+0.2pp	5.3%

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Gross Margin	26.7%-0.1pp	27.2%+0.5pp	26.4%-0.4pp	27.2%+0.6pp	26.8%+0.4pp	26.7%-0.2pp	26.8%+0.1pp	26.6%-0.4pp
Operating Margin	10.6%+0.4pp	9.3%+0.3pp	7.1%-0.8pp	10.7%-0.3pp	10.2%-0.2pp	8.9%-0.7pp	7.9%-0.1pp	10.9%-0.9pp
Net Margin	6.7%+0.3pp	5.7%+0.4pp	5.3%-0.1pp	6.6%+0.1pp	6.4%+0.3pp	5.2%-0.2pp	5.4%-10.1pp	6.5%+0.4pp
Return on Equity	7.1%0.0pp	5.3%-0.4pp	4.2%-0.7pp	6.9%-1.0pp	7.1%-0.1pp	5.7%-0.3pp	4.8%-10.5pp	8.0%+1.6pp
Return on Assets	2.1%0.0pp	1.7%+0.1pp	1.4%0.0pp	2.2%0.0pp	2.1%+0.2pp	1.6%0.0pp	1.4%-3.0pp	2.1%-0.1pp
Current Ratio	2.47+0.2x	2.31+0.4x	2.63+0.3x	2.26+0.1x	2.250.0x	1.96-0.2x	2.340.0x	2.14-0.2x
Debt-to-Equity	1.200.0x	1.04-0.2x	1.06-0.3x	1.08-0.3x	1.18-0.3x	1.28-0.2x	1.320.0x	1.43+0.6x
Asset Turnover	0.320.0x	0.300.0x	0.260.0x	0.330.0x	0.330.0x	0.300.0x	0.260.0x	0.330.0x
FCF Margin	2.1%+0.9pp	3.6%+0.2pp	16.0%+1.3pp	12.8%+0.4pp	1.1%-0.8pp	3.4%-0.7pp	14.7%-5.4pp	12.4%-7.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Core & Main, Inc. CNM	FY2025	$7.6B	$462.0M	6.0%	$7.6B	63/100
SiteOne Landscape Supply, Inc. SITE	FY2025	$4.7B	$151.8M	3.2%	$3.9B	60/100
MSC Industrial Direct Co., Inc. MSM	FY2025	$3.8B	$199.3M	5.3%	$7.3B	60/100
Applied Industrial Technologies, Inc. AIT	FY2026	$5.0B	$415K	0.0%	$12.6B	72/100
Resideo Technologies, Inc. REZI	FY2025	$7.5B	-$527.0M	-7.0%	$2.8B	50/100
Wesco International Inc. WCC	FY2025	$23.5B	$640.2M	2.7%	$18.6B	48/100

Where Core & Main, Inc. Ranks

Frequently Asked Questions

What is Core & Main, Inc.'s annual revenue?

Core & Main, Inc. (CNM) reported $7.6B in total revenue for fiscal year 2025. This represents a 2.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Core & Main, Inc.'s revenue growing?

Core & Main, Inc. (CNM) revenue grew by 2.8% year-over-year, from $7.4B to $7.6B in fiscal year 2025.

Is Core & Main, Inc. profitable?

Yes, Core & Main, Inc. (CNM) reported a net income of $462.0M in fiscal year 2025, with a net profit margin of 6.0%.

What is Core & Main, Inc.'s EBITDA?

Core & Main, Inc. (CNM) had EBITDA of $914.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Core & Main, Inc. have?

As of fiscal year 2025, Core & Main, Inc. (CNM) had $220.0M in cash and equivalents against $2.1B in long-term debt.

What is Core & Main, Inc.'s gross margin?

Core & Main, Inc. (CNM) had a gross margin of 26.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Core & Main, Inc.'s operating margin?

Core & Main, Inc. (CNM) had an operating margin of 9.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Core & Main, Inc.'s net profit margin?

Core & Main, Inc. (CNM) had a net profit margin of 6.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Core & Main, Inc.'s return on equity (ROE)?

Core & Main, Inc. (CNM) has a return on equity of 23.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Core & Main, Inc.'s free cash flow?

Core & Main, Inc. (CNM) generated $604.0M in free cash flow during fiscal year 2025. This represents a 3.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Core & Main, Inc.'s operating cash flow?

Core & Main, Inc. (CNM) generated $650.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Core & Main, Inc.'s total assets?

Core & Main, Inc. (CNM) had $6.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Core & Main, Inc.'s capital expenditures?

Core & Main, Inc. (CNM) invested $46.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Core & Main, Inc. buy back shares?

Yes, Core & Main, Inc. (CNM) spent $155.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Core & Main, Inc.'s current ratio?

Core & Main, Inc. (CNM) had a current ratio of 2.63 as of fiscal year 2025, which is generally considered healthy.

What is Core & Main, Inc.'s debt-to-equity ratio?

Core & Main, Inc. (CNM) had a debt-to-equity ratio of 1.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Core & Main, Inc.'s return on assets (ROA)?

Core & Main, Inc. (CNM) had a return on assets of 7.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Core & Main, Inc.'s P/E ratio?

Core & Main, Inc. (CNM) trades at 16.2x earnings, its market capitalization divided by net income of $472.0M net income, trailing 12 months to August 2, 2026. The market capitalization is $7.6B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Core & Main, Inc.'s price-to-sales ratio?

Core & Main, Inc. (CNM) trades at 1.0x sales, its market capitalization divided by revenue of $7.7B revenue, trailing 12 months to August 2, 2026. The market capitalization is $7.6B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Core & Main, Inc.'s Altman Z-Score?

Core & Main, Inc. (CNM) has an Altman Z-Score of 3.24, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Core & Main, Inc.'s Piotroski F-Score?

Core & Main, Inc. (CNM) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Core & Main, Inc.'s earnings high quality?

Core & Main, Inc. (CNM) has an earnings quality ratio of 1.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Core & Main, Inc. cover its interest payments?

Core & Main, Inc. (CNM) has an interest coverage ratio of 6.02x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Core & Main, Inc.?

Core & Main, Inc. (CNM) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.