Core & Main Inc

CNM

Equity

ISIN null / Valor 111789405

New York Stock Exchange, Inc (2025-11-21)

USD 45.65+3.07%

Core & Main Inc
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About company

Core & Main Inc is a leading distributor of water, sewer, and fire protection products in the United States. The company serves a wide range of customers, including municipalities, contractors, and industrial companies, providing essential infrastructure solutions for various projects. With a strong focus on customer service and product quality, Core & Main Inc plays a crucial role in supporting the country's water and sewer systems, ensuring the efficient delivery of clean water and the safe disposal of wastewater.

Summarized from source with an LLMView SourceSector: Energy

Revenue and Income Growth

Core & Main Inc. achieved a 6% increase in net sales year-over-year, with accompanying gains of 8.1% in gross profit and 9% in net income. This performance underscores the company’s robust sales volume and successful integration of acquisitions.

Margin and Earnings Improvements

Gross profit margin improved to 26.8%, aided by favorable pricing and sourcing strategies. Furthermore, Adjusted EBITDA increased by 5% to $266 million, while diluted earnings per share rose by 8% to $0.70 and adjusted diluted EPS climbed 13% to $0.87.

Strategic Expansion and Outlook

In addition to strong quarterly financials, Core & Main Inc. continued its strategic push by opening new locations in Kansas City, Kansas and Columbus, Wisconsin, and by acquiring Canada Waterworks shortly after the quarter ended. These initiatives are expected to support its long-term growth and market share expansion in the critical infrastructure sector.

Summarized from source with an LLMView Source

Key figures

2.42%1Y

118%3Y

%5Y

Performance

45.4%1Y

38.7%3Y

41.3%5Y

Volatility