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Friday 6 November 2026
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Core & Main, Inc.
CNM Industrials Industrial Distribution
Core & Main, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $7.6 billion, up 2.77% from fiscal 2025.
- Revenue
- +2.48%
- EPS
- +8.45%
- Free cash flow
- +83.3%
- Total debt
- +8.46%
Quarter to July 2026, against a year earlier
46.85
1.78
−3.66%
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Core & Main, Inc. (CNM) revenue by segment, product and region
Where the money comes from and where it goes
| Pipes, valves & fittings products | 5,137 | 67.18% |
|---|---|---|
| Storm drainage products | 1,194 | 15.61% |
| Smart utility products | 716 | 9.36% |
| Fire protection products | 600 | 7.85% |
| Gross margin | 26.93% | |
| Operating margin | 9.44% | |
| Pre-tax margin | 7.94% |
Revenue by product or service $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Pipes, valves & fittings products | 5,137 67.18% | 5,006 67.28% | 4,504 67.20% | 4,548 68.38% | 3,361 67.17% | 2,373 65.16% | 2,164 63.85% |
| Storm drainage products | 1,194 15.61% | 1,147 15.41% | 985 14.70% | 949 14.27% | 687 13.73% | 489 13.43% | 455 13.43% |
| Smart utility products | 716 9.36% | 692 9.30% | 525 7.83% | 453 6.81% | 391 7.81% | 366 10.05% | 383 11.30% |
| Fire protection products | 600 7.85% | 596 8.01% | 688 10.27% | 701 10.54% | 565 11.29% | 414 11.37% | 387 11.42% |
| Revenue | 7,647 | 7,441 | 6,702 | 6,651 | 5,004 | 3,642 | 3,389 |