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Companies / Industrials / Core & Main, Inc.
CNM

Core & Main, Inc.

IndustrialsWholesale
Ticker CNMST. LOUIS, MOFiscal year ends JanuaryBook value per share $10.44Diluted shares 194.5M

Core & Main, Inc. (NYSE: CNM) is a specialty distributor of products and services for water, wastewater, storm drainage and fire protection infrastructure. It serves municipalities, private water companies and professional contractors across municipal, non-residential and residential markets, supporting infrastructure… From the company’s description.

In fiscal 2026, Core & Main, Inc. reported revenue of $7.65B, up 2.8% from fiscal 2025, and net income of $462.00M. Its operating margin was 9.4%, and operations generated $650.00M in cash. Over the twelve months to Aug 2, 2026, revenue was $7.70B.

Fiscal year 2026 · ends 01-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-08-02
Sales & profitability
$7.65BFY2026
+2.8% year over year
Last 12 mo $7.70B
9.44%FY2026
−0.2 percentage points
Last 12 mo 9.64%
$462.00MFY2026
+6.5% year over year
Last 12 mo $479.00M
22.08%FY2026
−2.1 percentage points
Last 12 mo 22.60%
Cash & financing
$650.00MFY2026
+4.7% year over year
Last 12 mo $683.00M
$604.00MFY2026
+3.1% year over year
Last 12 mo $628.00M
1.08FY2026
Was 1.33× a year earlier
Last 12 mo 1.21
197.9MFY2026
−1.8% year over year
Last 12 mo 194.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Core & Main, Inc. does

In the company’s own words

Core & Main, Inc. (NYSE: CNM) is a specialty distributor of products and services for water, wastewater, storm drainage and fire protection infrastructure. It serves municipalities, private water companies and professional contractors across municipal, non-residential and residential markets, supporting infrastructure maintenance, repair, replacement and new construction. Its portfolio includes more than 225,000 products from over 5,000 suppliers, including pipes, valves and fittings, storm drainage systems, fire protection products, and water meters and related technologies. In fiscal 2025, pipes, valves and fittings accounted for about 67% of net sales, storm drainage 16%, meters 9% and fire protection 8%. Customers also receive technical consultation, project planning, fabrication, kitting and delivery services. Core & Main operates a branch-based distribution network rather than reporting business segments in the supplied description; as of February 1, 2026, it had more than 370 branches across the United States and Canada and approximately 5,600 associates. Its predecessor businesses date to 1874, and it adopted the Core & Main name in 2017. Its website is www.coreandmain.com.

Company details
Sector
Industrials
Industry (SIC)
Wholesale
Headquarters
ST. LOUIS, MO
Fiscal year end
January
CIK
1856525
SIC
5099

Financial performance, year by year

Fiscal 2022–2026 · USD
$-769.80M$1.54B$3.85B$6.16B$8.47B20222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Core & Main, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

409
funds hold it
0 of 35
superinvestors hold it
$3.74B
held by funds, at market
41.6%
of shares held by funds

Largest fund holders · Core & Main, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.25%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
2.06%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.11%of fund net assets
0.21%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Core & Main, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Core & Main, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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