profit from every $100 of sales.

Core & Main
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
You pay $18.82 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Core & Main sold, what it kept, and what it did with the cash.
Sales went from $6.65 billion in 2023 to $7.65 billion in 2026, with $441 million of profit last year.
Core & Main handed back 26% of the cash it generated last year.
Core & Main vs. similar companies
Core & Main grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Core & Main | 18.8× · Fair price | ||
Fastenal | 50.3× · Expensive | ||
Ferguson | 18.2× · Fair price | ||
WESCO International | 24.5× · Fair price | ||
QXO | No profit yet |
AI analysis
An AI analyst reads Core & Main's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 3,642 | 5,004 | 6,651 | 6,702 | 7,441 | 7,647 | |
| 878 | 1,280 | 1,795 | 1,818 | 1,980 | 2,059 | |
| 185 | 425 | 775 | 740 | 719 | 722 | |
| 338 | 524 | 923 | 894 | 913 | 919 | |
| 37 | 166 | 366 | 371 | 411 | 441 | |
| – | 0.55 | 2.13 | 2.15 | 2.13 | 2.31 | |
| 24.1% | 25.6% | 27.0% | 27.1% | 26.6% | 26.9% | |
| 5.1% | 8.5% | 11.7% | 11.0% | 9.7% | 9.4% | |
| 1.0% | 3.3% | 5.5% | 5.5% | 5.5% | 5.8% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 3,924 | 4,434 | 4,909 | 5,069 | 5,870 | 6,085 |
| Cash | 381 | 1 | 177 | 1 | 8 | 220 |
| Total debt | 2,265 | 1,623 | 1,634 | 2,071 | 2,506 | 2,437 |
| Total liabilities | 3,123 | 2,603 | 2,499 | 3,545 | 4,096 | 4,011 |
| – | 1,325 | 1,747 | 1,451 | 1,698 | 1,997 | |
| – | 244 | 246 | 228 | 201 | 198 | |
| – | 10.0% | 18.1% | 16.6% | 13.5% | 13.0% | |
| – | 12.5% | 21.0% | 25.6% | 24.2% | 22.1% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 214 | -31 | 401 | 1,069 | 621 | 650 | |
| 12 | 20 | 25 | 39 | 35 | 46 | |
| 202 | -51 | 376 | 1,030 | 586 | 604 | |
| Dividends paid | – | – | – | – | – | – |
| – | 0 | 0 | 1,344 | 176 | 155 | |
| 4 | 25 | 11 | 10 | 14 | 17 |
Valuation
- 18.8×
- 17.8×
- –
- 4.5×
- 1.1×
- 13.7×
- 11.4×
- 7.3%
- 5.3%
- 0.0%
Profitability
- 26.9%
- 9.4%
- 5.8%
- 11.7%
- 10.4%
- 9.3%
- 22.7%
- 7.1%
- 14.0%
- –
Growth
- +16.0%
- –
- +3.1%
- –
- +4.6%
Financial health
- 2.6×
- 1.20
- 38.6%
- 6.0×
- 2.31
- 1.31
- 1.21
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $64.00
- Range
- $63.00 – $65.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 24, 2026 | 0.52 | 0.48 | +8.3% |
| Dec 9, 2025 | 0.72 | 0.70 | +2.9% |
| Sep 9, 2025 | 0.87 | 0.78 | +12.1% |
| Jun 10, 2025 | 0.52 | 0.52 | −0.6% |
| Mar 25, 2025 | 0.33 | 0.36 | −9.2% |
| Dec 3, 2024 | 0.69 | 0.66 | +5.3% |
| Sep 4, 2024 | 0.67 | 0.74 | −9.5% |
| Jun 4, 2024 | 0.52 | 0.51 | +2.0% |
News
Core Critical Metals launches $500K flow-through private placementSeeking Alpha · Nov 13, 2026iShares Core S&P 500 (IVV) Sells $17.8 Million More Apple on MondayYahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Core & Main
Is Core & Main a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Core & Main AI analysis
What does Core & Main do?
Core & Main, Inc. (CNM) is a leading supplier of vital infrastructure products and services across the United States. The company specializes in providing comprehensive solutions for water, wastewater, storm drainage, and fire protection systems. It is in Industrial - Distribution, based in Saint Louis, MO, United States, with 5,600 employees.
Does Core & Main pay a dividend?
No. Core & Main does not pay a dividend at the moment; in 2026 it returned $155 million to shareholders by buying back its own shares.
Is Core & Main stock halal?
Yes. Core & Main passes our halal screen: its business is permitted and its debt is 29% of its market value, under the 30% limit. How we check
How has Core & Main stock done over the past year?
Down 1.5% over the past twelve months, to $45.00. It traded between $40.35 and $59.09 and is 23.8% below its high.
Who are Core & Main's competitors?
The largest listed companies in the same industry are Fastenal, Ferguson, WESCO International and QXO. The peers table on this page compares their profit, growth and price with Core & Main's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



