To the full analysis
Core & Main stock: growth
CNMCore & Main reported $7.65B in revenue for fiscal 2025, up 2.8% on the prior year, up 16% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
13.2%
per year from 2018 to 2025, per share 10.5%
Earnings (Annual rate)
42.7%
per year from 2018 to 2025, per share 39.1%
Free cash flow (Annual rate)
31.9%
per year from 2018 to 2025, per share 28.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2018 | |
|---|---|---|
| Revenue | 16.0% | 13.2% |
| Revenue per share | 21.6% | 10.5% |
| Earnings | 64.2% | 42.7% |
| Earnings per share | 72.9% | 39.1% |
| Free cash flow | 24.5% | 31.9% |
| Free cash flow per share | 30.5% | 28.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2018 | $3.2B | $36.6M | $87M |
| 2019 | $3.39B | $36M | $180M |
| 2020 | $3.64B | $37M | $202M |
| 2021 | $5B | $166M | −$51M |
| 2022 | $6.65B | $366M | $376M |
| 2023 | $6.7B | $371M | $1.03B |
| 2024 | $7.44B | $411M | $586M |
| 2025 | $7.65B | $441M | $604M |
Revenue by segment
How Core & Main, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Pipes, Valves, And Fitting Products67%
- Storm Drainage Products16%
- Meter Products9%
- Fire Protection Products8%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Pipes, Valves, And Fitting Products | $3.36B | $4.55B | $4.5B | $5.01B | $5.14B | 67.2% |
| Storm Drainage Products | $687M | $949M | $985M | $1.15B | $1.19B | 15.6% |
| Meter Products | $391M | $453M | $525M | $692M | $716M | 9.4% |
| Fire Protection Products | $565M | $701M | $688M | $596M | $600M | 7.8% |
| Total revenue | $5B | $6.65B | $6.7B | $7.44B | $7.65B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 1 Feb 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 6 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
