7 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 16.0% per year over the past 5 years.
Net income has grown faster than revenue (65.7% vs 16.0% per year).
Operating margin has expanded, at 9.4% in the latest year.
Free cash flow has grown 24.5% per year over the past 5 years.
Financial health
Total debt ($2.1B) exceeds cash ($220M); net debt is $1.9B.
Total debt has grown slower than revenue (-1.1% vs 16.0% per year).
Operating income covered interest expense 6.0× in the latest year.
Total debt is 2.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$7.6B
$462M
26.9%
9.4%
$604M
$2.1B
$220M
2025
$7.4B
$434M
26.6%
9.7%
$586M
$2.3B
$8M
2024
$6.7B
$531M
27.1%
11.0%
$1.0B
$1.9B
$1M
2023
$6.7B
$581M
27.0%
11.7%
$376M
$1.5B
$177M
2022
$5.0B
$225M
25.6%
8.5%
-$51M
$1.5B
$1M
2021
$3.6B
$37M
24.1%
5.1%
$202M
$2.3B
$381M
2020
$3.4B
$36M
23.3%
4.6%
$180M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
May '26
$1.9B
$108M
27.2%
9.3%
$68M
$2.1B
$150M
Nov '25
$2.1B
$137M
27.2%
10.7%
$263M
$2.2B
$89M
Aug '25
$2.1B
$134M
26.8%
10.2%
$24M
$2.3B
$25M
May '25
$1.9B
$100M
26.7%
8.9%
$64M
$2.3B
$8M
Feb '25
—
$87M
—
—
—
$2.3B
$8M
Oct '24
$2.0B
$133M
26.6%
10.9%
$252M
$2.4B
$10M
Jul '24
$2.0B
$119M
26.4%
10.4%
$39M
$2.4B
$13M
Apr '24
$1.7B
$95M
26.9%
9.6%
$71M
$2.4B
$30M
Jan '24
$1.4B
$223M
26.7%
8.1%
$289M
$1.9B
$1M
Oct '23
$1.8B
$112M
27.0%
11.9%
$354M
$1.5B
$101M
Jul '23
$1.9B
$110M
26.9%
12.1%
$277M
$1.6B
$20M
Apr '23
$1.6B
$86M
27.9%
11.5%
$110M
$1.6B
$1M
Jan '23
$1.4B
$54M
27.1%
9.0%
$302M
$1.5B
$177M
Oct '22
$1.8B
$111M
27.5%
12.9%
$149M
$1.6B
$0
Jul '22
$1.9B
$115M
26.9%
12.7%
-$32M
$1.6B
$0
May '22
$1.6B
$86M
26.3%
11.3%
-$43M
$1.5B
$1M
Jan '22
$1.2B
$48M
26.2%
8.7%
$27M
$1.5B
$1M
Oct '21
$1.4B
$64M
26.4%
10.5%
$29M
$1.5B
$5M
Aug '21
$1.3B
$27M
25.0%
7.7%
-$59M
$1.5B
$67M
Jul '21
—
$47M
—
—
—
—
—
Valuation over time
How the market has priced CNM against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 7.5× (Mar '23) to 19.7× (Jun '26).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 1.2× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is CNM growing its revenue and profit?
Over the past 5 years, Core & Main, Inc.'s revenue has grown 16.0% per year, and net income grown 65.7% per year. These are computed facts, not advice.
How much debt does CNM have?
As of FY2026, Core & Main, Inc. reported $2.1B of total debt against $220M of cash; operating income covered interest expense 6.0×.
What is CNM's profit margin?
In FY2026, gross margin was 26.9%, operating margin 9.4%, and net margin 6.0%.
What is CNM's P/E ratio?
As of Jun '26, Core & Main, Inc. traded at a price-to-earnings ratio of about 19.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.